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The Marketing Assistance Loan Program (MALP) Is

Question 6

Multiple Choice

The Marketing Assistance Loan Program (MALP) is


A) similar in design to the US Sugar Program. MALP is provided to producers at a zero cost to US taxpayers.
B) a voluntary farm program within the 2014 Farm Bill where producers can borrow funds at low interest rates; the loans are secured by the value of harvested Title I commodities.
C) the one 2014 Farm Bill commodity program that is no longer subject to the ""Sodbuster"" Conservation Cross-Compliance provision.
D) a type of "insurance rider" to protect qualified producers from most of the specific risk exposure associated with paying an insurance deductible during an event (e.g., a crop yield disaster) requiring an insurance payout.
E) a traditional counter-cyclical program where farmers receive government pay-outs when market prices fall below legislated reference prices.

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