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Title:

Economic analysis of base acre and payment yield designations under the 2002 U.S. Farm Act [electronic resource] / C. Edwin Young ... [et al.].

Format:

[electronic resource] /

Publisher:

U.S. Dept. of AgricultureEconomic Research Service,

Copyright Date:

2005

Description:

iv, 41 p. : co.ill., col.maps ; 28 cm.

Reproduction Info:

Electronic reproduction. [Washington, D.C.? : U.S. Dept. of Agriculture, ERS], System requirements: PDF reader. System requirements: PDF reader.

Subject:

Agricultural subsidies--United States.
Crops--Economic aspects--United States.
Agriculture and state--United States

Other Authors:

Young, C. Edwin (Chester Edwin), 1948-
United States. Economic Research Service. Economic Research Service.

Notes:

Title from cover. "September 2005"--P. [i]. "Electronic report." Includes bibliographical references (p. 34-35).

Summary:

The 2002 Farm Act provided farmland owners the opportunity to update commodity program base acres and payment yields used for calculating selected program benefits. Findings in this report suggest that farmland owners responded to economic incentives in these decisions, selecting those options for designating base acres that resulted in the greatest expected flow of program payments. Farmland owners with high-payment base acres, such as rice and cotton, held on to these base acres and, whenever possible, expanded them. Analogously, farmland owners with low-payment commodity base acres, such as oats and barley, switched to higher payment commodities whenever possible.

Series:

Economic Research report ; no. 12

OCLC:

(OCoLC)70070671

Locations:

USUX851 -- Iowa State University - Parks Library (Ames)