Economic analysis of base acre and payment yield designations under the 2002 U.S. Farm Act /
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 d...
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| Format: | Government Document eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
U.S. Dept. of Agriculture, Economic Research Service,
[2005]
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| Series: | Economic research report (United States. Department of Agriculture. Economic Research Service) ;
no. 12. |
| Subjects: | |
| Online Access: | https://purl.fdlp.gov/GPO/LPS98011 |
| 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. |
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| Item Description: | Title from cover. "September 2005"--P. [i]. "Electronic report." Electronic resource. |
| Physical Description: | iv, 41 pages : co.ill., col.maps ; 28 cm. |
| Format: | 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. |
| Bibliography: | Includes bibliographical references (pages 34-35). |