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USDA's Farm Bill Gateway
farm policy
the 2002 farm bill:
provisions and economic implications
  USDA's Farm Bill Gateway  
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Farm policy glossary
Farm bill summary
Download the farm bill
(1.00 mb pdf)

Farm Security and Rural Investment Act of 2002, which governs Federal farm programs for the next 6 years, was signed into law on May 13, 2002. Its provisions support the production of a reliable, safe, and affordable supply of food and fiber; promote stewardship of agricultural land and water resources; facilitate access to American farm products at home and abroad; encourage continued economic and infrastructure development in rural America; and ensure continued research to maintain an efficient and innovative agricultural and food sector.

Among the bill's highlights: Alters the farm payment program and introduces counter-cyclical farm income support; expands conservation land retirement programs and emphasizes on-farm environmental practices; relaxes rules to make more borrowers eligible for Federal farm credit assistance; restores food stamp eligibility for legal immigrants; adds various commodities to those requiring country-of-origin labeling; introduces provisions on animal welfare.

Side by side: old and new. On the following pages is a side-by-side comparison of the new farm bill with 1996-2001 farm legislation. Summarized but substantive, it offers a time-saving reference to farm bill provisions.

Economic analysis. The 2002 Farm Act: Provisions and Implications for Commodity Markets assesses the impacts of the commodity provisions on the U.S. agricultural sector.

Details and Analysis button. Click on these buttons for more in-depth analysis.   Click on these buttons in the side-by-side comparisons for additional details and ERS analysis.

for more information, contact: Farm policy team
web administration: webadmin@ers.usda.gov
page updated: June 4, 2003

 

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