Agricultural Marketing Act
The Agricultural Marketing Act was enacted in 1946 to support the marketing of agricultural products in the United States. It aimed to improve the distribution and sale of farm products by establishing a framework for marketing services, research, and education. The Act also created the Agricultural Marketing Service (AMS), which helps farmers and consumers by ensuring fair trading practices and providing market information.
Additionally, the Act promotes the development of cooperative marketing associations, allowing farmers to pool their resources and enhance their bargaining power. By facilitating better access to markets, the Agricultural Marketing Act helps stabilize prices and improve the overall economic viability of the agricultural sector.