The Agricultural Act of 2014 (Farm Bill) reauthorized marketing assistance loans from the Commodity Credit Corporation (CCC) for major agricultural commodities such as wheat, corn, soybeans, grain sorghum, barley, oats, and peanuts. Marketing loans provide interim financing for producers at harvest time when market prices are low, meaning taxpayers subsidize the storage of crops until market prices improve.
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Program
Committees of Jurisdiction
Marketing Assistance Loans
Category
Agriculture
Subsidy Type
Mandatory
Senate Agriculture Committee
$195
FY 16 Budget Score (in mil.)
$1,152
FY 16-25 Budget Score (in mil.)