IDEAS home Printed from https://ideas.repec.org/p/ags/uerssr/278247.html
   My bibliography  Save this paper

Honey: Background for 1990 Farm Legislation

Author

Listed:
  • Hoff, Frederic L.
  • Phillips, Jane K.

Abstract

The U.S. Government has supported the price of honey since 1950 by providing market price stability to honey producers to encourage them to maintain sufficient honeybee populations to pollinate important agricultural crops. When honey support prices moved above the average domestic price in the early 1980's, domestic producers began to find it profitable to forfeit their honey to the Government. Packers and food manufacturers found it economical to import lower priced honey for domestic use. However, changes made to the honey program by the Food Security Act of 1985 have reduced forfeitures of honey to the Government and made domestic honey competitive with imports. Government expenditures to operate the honey price support program totaled $525.6 million for fiscal years 1980-88. As of May 3, 1989, over 520 million pounds of the 1980-88 honey crops were forfeited to the Government under the loan program. Most of the forfeited honey has been disposed of through various Federal food distribution programs.

Suggested Citation

  • Hoff, Frederic L. & Phillips, Jane K., 1989. "Honey: Background for 1990 Farm Legislation," Staff Reports 278247, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278247
    DOI: 10.22004/ag.econ.278247
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/278247/files/ers-report-420.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.278247?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uerssr:278247. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.