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

Publication:
[Washington, D.C. ] : U.S. Dept. of Agriculture, Economic Research Service, [2005]
Format/Description:
Government document
Book
iv, 41 p. : co.ill., col.maps ; 28 cm.
Series:
Economic research report (United States. Department of Agriculture. Economic Research Service) ; no. 12.
Economic Research report ; no. 12
Status/Location:
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Subjects:
Agricultural subsidies -- United States.
Crops -- Economic aspects -- United States.
Agriculture and state -- United States.
System Details:
Mode of access: Internet from the USDA web site. Address as of 7/23/2008: http://www.ers.usda.gov/publications/err12/err12.pdf; current access is available via PURL.
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.
Notes:
Title from cover.
"September 2005"--P. [i].
"Electronic report."
GPO Cataloging Record Distribution Program (CRDP).
Includes bibliographical references (p. 34-35).
Electronic reproduction. [Washington, D.C.? : U.S. Dept. of Agriculture, ERS], Mode of access: World Wide Web. System requirements: PDF reader.
Contributor:
Young, C. Edwin (Chester Edwin), 1948-
United States. Department of Agriculture. Economic Research Service.
Other format:
Economic analysis of base acre and payment yield designations under the 2002 U.S. Farm Act
OCLC:
70070671