The Agricultural Act of 2014

A) ended 60 years of U.S. price supports for American grain crops.
B) eliminated the marketing loan program that was established by the Food, Conservation, and Energy Act of 2008.
C) ended the "freedom to plant" approach of the Freedom to Farm Act of 1996 and restored acreage allotments.
D) added two new crop insurance programs, agricultural risk coverage and price loss coverage.

Agricultural Act of 2014

A United States federal law that established policies for agricultural and food programs, often referred to as the 2014 Farm Bill.

Crop Insurance

A risk management tool that protects agricultural producers against loss of their crops due to natural disasters, such as flood, hail, drought, or loss in revenue due to declines in the prices of agricultural commodities.

Price Support

A government intervention mechanism to maintain the price of a commodity at a certain level by buying excess supply or offering subsidies.