Brannan Plan for agricultural reform

E4002

The Brannan Plan for agricultural reform was a late-1940s U.S. proposal to modernize farm policy by replacing traditional price supports with direct income payments to farmers, aiming to stabilize rural incomes while keeping consumer food prices low.


Statements (45)

Predicate Object
instanceOf United States farm policy proposal
agricultural policy proposal
aimedAt keeping consumer food prices low
modernization of farm policy
stabilization of farm income
supporting small farmers
appliesToJurisdiction United States federal farm programs
beneficiary family farmers
low-income consumers
country United States of America
surface form: United States
describedAs radical departure from traditional farm price supports
economicRationale shift support from prices to incomes
support farm incomes without raising retail food prices
fieldOfWork agricultural policy
public economics
fundingSource federal government budget
genre public policy proposal
hasPart proposal for means-tested income supplements for farmers
proposal to allow farm commodity prices to fall to market levels
historicalContext Truman administration
surface form: Harry S. Truman administration

post–World War II U.S. agricultural policy debate
inception late 1940s
influenced later discussions of direct payments in U.S. farm policy
intendedEffect decouple farm income support from consumer food prices
provide income security for farmers
reduce agricultural surpluses created by price supports
reduce food costs for consumers
languageOfWork English
legislativeOutcome never fully enacted into law
mainSubject agricultural reform
namedAfter Charles F. Brannan
opposedBy conservative members of Congress
farm organizations favoring traditional price supports
policyArea agricultural economics
price support policy
rural policy
positionHeldByProposer United States Secretary of Agriculture
proposedBy Charles F. Brannan
proposedMechanism direct income payments to farmers
government payments when market prices fell below target income levels
proposedUnderAdministration President Harry S. Truman
surface form: Harry S. Truman
relatedTo United States federal farm programs
surface form: New Deal agricultural programs

price support system under the Agricultural Adjustment Act
replaces traditional price support programs
timePeriod Cold War
surface form: Cold War era

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Truman administration domestic policy hasPart Brannan Plan for agricultural reform