How The 1938 Agricultural Conservation Program Applies to South Dakota Farms

Objectives of the 1938 Agricultural Conservation Program – The Agricultural Adjustment Act of 1938 authorizes features of the 1938 program which are designed to stabilize and improve the income of farmers. Farm incomes in South Dakota are adversely affected both by years of excessive production and years of short crops. This year\u27s program provides for: (1) soil conservation and the prevention of erosion by wind and water: (2) national acreage allotments to provide for the domestic and export demands of food and fiber plus adequate reserves for carryover; (3) storage of reserves on the farm by means of commodity loans, if production is greater than the market requires, at a fair price for use in years of short crops; ( 4) marketing quotas for wheat and corn in years when production is in excess of domestic and foreign demand plus an adequate carry-over if favored by two-thirds of the producers of such crops; and (5) crop insurance against failure of wheat in 1939