Concept

Soil Bank Act

Résumé
The Soil Bank Act of 1956 was part of the Agricultural Act of 1956 passed by the U.S. Congress. This act created the Soil Bank Program, which removed farmland from production in an effort to reduce large crop surpluses after World War II. Land deposited into the Soil Bank was then converted into conservation use. The idea for the Soil Bank was taken from legislation from the 1930s dust bowl and was similar to many depression-era solutions to lower crop prices. Eventually, the Soil Bank act of 1956 was overturned by the Food and Agriculture Act of 1965. History Following World War II, the government struggled with how to deal with the large farm surpluses that had been created by price supports. The first proposed solution to the problem was the Brannan Plan proposed by Secretary of Agriculture, C. F. Brannan, in 1949. The Brannan plan allowed for the treasury to pay farmers the difference between market prices and a modernized parity price.
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