Agricultural Act of 1949
E89811
The Agricultural Act of 1949 is a foundational U.S. farm bill that established permanent price support and commodity program authorities that still serve as the legislative baseline for modern agricultural policy.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
→
farm bill → |
| administeredBy |
United States Department of Agriculture
→
|
| affects |
agricultural commodity markets
→
farmers in the United States → |
| appliesTo |
basic agricultural commodities
→
dairy products → |
| baselineFor |
subsequent United States farm bills
→
|
| baselineFunction |
applies if temporary farm bill provisions expire
→
|
| codifiedIn |
United States Code
→
|
| country |
United States
→
|
| enactedIn |
81st United States Congress
→
|
| establishes |
permanent commodity program authority
→
permanent price support authority → |
| hasLegalEffect |
authorizes mandatory spending for certain farm programs
→
|
| hasTitleNumber |
Public Law 81-439
→
|
| historicalSignificance |
cornerstone of post–World War II U.S. agricultural policy
→
|
| influenced |
modern commodity support programs
→
modern dairy price support policy → subsequent conservation and commodity titles in farm bills → |
| jurisdiction |
United States federal government
→
|
| legalStatus |
permanent law
→
|
| legislativeBody |
United States Congress
→
|
| policyMechanism |
nonrecourse loans
→
support price formulas → |
| policyObjective |
encourage adequate food production
→
stabilize agricultural commodity prices → stabilize farm income → |
| policyRole |
legislative baseline for modern U.S. farm bills
→
|
| presidentAtEnactment |
Harry S. Truman
→
|
| providesFor |
price support loans
→
production controls for certain commodities → purchases of agricultural commodities → |
| relatedTo |
Agricultural Act of 1948
→
Agricultural Act of 2014 → Agricultural Adjustment Act of 1938 → Federal Agriculture Improvement and Reform Act of 1996 → Food Security Act of 1985 → |
| shortDescription |
Foundational U.S. farm bill establishing permanent price support and commodity program authorities
→
|
| signedBy |
Harry S. Truman
→
|
| subjectMatter |
agricultural policy
→
commodity programs → farm income support → parity pricing → price support programs → |
| typeOfSupport |
commodity price support
→
income support for farmers → |
| yearEnacted |
1949
→
|
Referenced by (2)
| Subject (surface form when different) | Predicate |
|---|---|
|
United States federal farm programs
→
|
legalBasis |
|
Agricultural Adjustment Act of 1938
→
|
relatedTo |