<Li> Signed into law by President Franklin D. Roosevelt on May 12, 1933 </Li> <Tr> <Th_colspan="2"> United States Supreme Court cases </Th> </Tr> <Tr> <Td_colspan="2"> United States v. Butler </Td> </Tr> <P> The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses . The Government bought livestock for slaughter and paid farmers subsidies not to plant part of their land . The money for these subsidies was generated through an exclusive tax on companies which processed farm products . The Act created a new agency, the Agricultural Adjustment Administration, an agency of the U.S. Department of Agriculture, to oversee the distribution of the subsidies . The Agriculture Marketing Act, which established the Federal Farm Board in 1929, was seen as a strong precursor to this act . The AAA, along with other New Deal programs, represented the federal government's first substantial effort to address economic welfare in the United States . </P>

What were the key provisions of the agricultural adjustment act