Federal Farm Board

E541178

The Federal Farm Board was a U.S. government agency created in 1929 to stabilize agricultural prices and support farmers through cooperative marketing and price-support operations during the early years of the Great Depression.

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All labels observed (1)

Label Occurrences
Federal Farm Board canonical 3

Statements (48)

Predicate Object
instanceOf United States federal agency
appliesToJurisdiction United States of America
surface form: United States
appointedBy President of the United States
archivesAt U.S. National Archives NERFINISHED
country United States of America
surface form: United States
createdByLegislature United States Congress NERFINISHED
createdUnderAdministration Herbert Hoover administration NERFINISHED
dissolutionReason reorganization of federal agricultural credit and relief programs under New Deal
dissolved 1933
establishedBy Agricultural Marketing Act of 1929 NERFINISHED
field agricultural economics
farm policy
price stabilization policy
financedBy Revolving fund from the U.S. Treasury
fundedBy United States federal government NERFINISHED
hasAuthorityOver agricultural cooperatives receiving federal support
hasBudget 500000000 USD credit line
hasNumberOfMembers 8
hasPurpose encourage cooperative marketing associations
provide price supports for farm commodities
reduce harmful competition among farmers
stabilize agricultural prices
support American farmers
headquartersLocation Washington, D.C.
inception 1929
jurisdiction United States government
surface form: United States federal government
legislativeBody United States Congress
locatedInTime early years of the Great Depression
mainSubject agricultural marketing
agricultural price stabilization
farmers’ cooperatives
operatedInPeriod Great Depression NERFINISHED
partOf New Era agricultural policy of the late 1920s
policyOutcome contributed to large government-held surpluses
limited success in stabilizing farm incomes
replacedBy Farm Credit Administration NERFINISHED
significantEvent accumulation of surplus farm commodities
failure to prevent farm price collapse in early 1930s
large wheat and cotton purchases to support prices
supportedCommodity corn
cotton
other major farm products
tobacco
wheat
usedPolicyInstrument commodity storage
loans to cooperatives
market intervention purchases
price supports

Referenced by (3)

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

Federal Farm Loan Act relatedTo Federal Farm Board
Farm Credit Administration hasPredecessor Federal Farm Board
Stanley Forman Reed (as Associate Justice of the Supreme Court of the United States) workedFor Federal Farm Board
subject surface form: Stanley Forman Reed