Commodity programs
Encyclopedia
In United States federal agricultural policy, the term commodity programs is usually meant to include the commodity price and income support programs administered by the Farm Service Agency
Farm Service Agency
The Farm Service Agency is the USDA agency into which were merged several predecessor agencies, including the Agricultural Stabilization and Conservation Service . The ASCS was, as the FSA is now, primarily tasked with the implementation of farm conservation and regulation laws around the country...

 and financed by the Commodity Credit Corporation
Commodity Credit Corporation
The Commodity Credit Corporation is a wholly owned government corporation created in 1933 to "stabilize, support, and protect farm income and prices"...

 (CCC). The commodities now receiving support are:
  1. those receiving Direct and Counter-cyclical Program
    Direct and Counter-Cyclical Program
    The Direct and Counter-cyclical Payment Program of the USDA provides payments to eligible producers on farms enrolled for the 2002 through 2007 crop years. There are two types of DCP payments – direct payments and counter-cyclical payments...

     (DCP) payments, specifically wheat, corn, grain sorghum, barley, oats, upland cotton, rice, soybeans and other oilseeds, and peanuts;
  2. those eligible for nonrecourse marketing assistance loans
    Marketing assistance loans
    Marketing assistance loans are nonrecourse loans made available to producers of loan commodities under the 2002 farm bill...

    , which includes the previous mentioned commodities plus wool, mohair, honey, dry peas, lentils, and small chickpeas; and
  3. those having other unique support, including sugar, and milk.


A broader phrase that includes these commodity programs and other assistance is farm programs.
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