Since their inception in the 1930s, U.S. agricultural policies have been aimed at stabilizing the domestic food supply and farmers' incomes. Congress is currently scrutinizing these policies with an eye to deficit reduction, but broad economic trends offer more fundamental reasons for charting a new course.
Suggested citation: “Agricultural Policy,” Federal Reserve Bank of Cleveland, Economic Trends, no. 95-11, pp. 14, 11.01.1995.