Home > Terms > English, UK (UE) > Wool and mohair commodity programmes
Wool and mohair commodity programmes
Income support was provided to producers of wool and mohair under authority of the National Wool Act of 1954, as amended, through 1995. Phase down and termination of the programmes was mandated in the omnibus budget reconciliation act enacted November 1, 1993 (P.L. 103-130). Income support was achieved through incentive payments that provided higher benefits to farmers who had more production and/or obtained high market prices.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
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