Excerpts: During the last year and a half, the Agricultural Adjustment Administration has had some experience in attempting to alleviate some of economic problems of livestock production. The brief time that has elapsed and the prevalence of several other unusual elements in the livestock situation prevent any exact and complete measurement of the results accomplished, but the activities have brought out in bold relief some major problems involved in fitting livestock production into a more permanent national plan for agriculture. The programs of the Agricultural Adjustment Administration dealing with livestock as well as those dealing with most other agricultural commodities thus far have been programs designed to meet emergencies and, therefore, only of temporary character. The emergencies which the programs have been designed to meet have been of two types: First, those brought about as a result of excessive supplies and low prices, such as prevailed at the time the Agricultural Adjustment Act was passed, and second, the problems of an emergency character that arose as a result of the unprecedented drought of this year.