The Act also contained numerous provisions in the areas of farm credit, rural development, and generic commodity promotion through check-off programs, among others.
They had been pressing common demands for land, farm credits and other benefits promised them after the country's eight-year civil war.
Small rural banks, battered by the farm crisis, want a way to provide farm credit without bearing great risk.
The ongoing global credit crisis has affected farm credits, despite a boom in commodity prices.
Given the economic impact of regulation, it merits its own title amid others like trade, research, conservation, or farm credit.
About $4 billion in United States farm credits, which are included in the $24 billion, have already been made available.
Officials promised food programs, farm credits and other aid to fight poverty in the region.
Hence, the administration turned to an ambitious program of farm credits, price supports, market management, and technical assistance.
"When it came to farm credit and federal crop insurance and ethanol, Al Gore came through for us."
Many bankers, economists and farmers who make a profit contend that a Federal bankruptcy law enacted last year is having a similar effect on farm credit.