In which year was the Cooperative Farm Management Act enacted?

The Cooperative Farm Management Act was enacted in 1959, serving as legislation designed to support and promote cooperative farm management practices. This act aimed to enhance the efficiency and economic viability of farms through cooperative efforts, allowing farmers to band together for better resource management, shared services, and collective bargaining power. It reflected a growing recognition during that time of the benefits of cooperation among farmers, particularly in the wake of post-World War II agricultural developments and the increasing complexity of farm operations. Understanding this context is essential for grasping the importance of cooperative strategies in agricultural policies during that period.