National Wool Act of 1954
|Long title||An Act to provide for greater stability in agriculture; to augment the marketing and disposal of agricultural products; and for other purposes.|
|Nicknames||Agricultural Act of 1954|
|Enacted by||the 83rd United States Congress|
|Effective||August 28, 1954|
|Statutes at Large||68 Stat. 897 aka 68 Stat. 910|
|Titles amended||7 U.S.C.: Agriculture|
|U.S.C. sections created||7 U.S.C. ch. 44 § 1781 et seq.|
The National Wool Act of 1954 (Title VII of Agricultural Act of 1954 (P.L. 83-690)) provided for a new and permanent price support program for wool and mohair to encourage increased domestic production through incentive payments.
Wool and mohair commodity programs were in effect through marketing year 1995, at which time it was terminated under the explicit mandate of P.L. 103–130, Sec. 1.
- Peters,Gerhard; Woolley, John T. "Dwight D. Eisenhower: "Statement by the President Upon Signing the Agricultural Act of 1954" August 28, 1954". The American Presidency Project. University of California - Santa Barbara. Retrieved June 25, 2013.
- This article incorporates public domain material from the Congressional Research Service document: Jasper Womach. "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" (PDF).