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| Babcock, Bruce A.; Chaherli, Nabil M.; Lakshminarayan, P.G.. |
| The conservation compliance provision of the 1985 Food Security Act requires highly erodible land to be cropped according to a locally approved conservation plan. There is overwhelming evidence that conservation compliance has reduced soil erosion. A key issue confronting Congress as they consider 1995 Farm Bill options is the fate of these erosion benefits if commodity programs are eliminated or it the subsidy level is greatly reduced. This study provides policymakers with additional insights into the relationship between conservation tillage practices and government programs by using observed farmer behavior. The central question addressed is: If future program benefits are not tied to conservation practices, will there be a significant decline in the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Land Economics/Use. |
| Ano: 1995 |
URL: http://purl.umn.edu/18561 |
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| Tirupattur, Viswanath; Hauser, Robert J.; Chaherli, Nabil M.. |
| The use of crop yield futures contracts is examined. The expectation being modeled here reflects that of an Illinois corn and soybeans producer at planting, of revenue realized at harvest. The effects of using price and crop yield contracts are measured by comparing the results of the expected distribution to the expected distribution found under five general alternatives: 1) a revenue hedge using just price futures, 2) a revenue hedge using crop yield futures, 3) an unhedged scenario where revenue is determined by realized prices and yields, 4) an unhedged scenario where revenue is determined by realized prices and yields and by participation in government support programs with deficiency payments, and 5) a no hedge scenario where revenue is determined by... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Marketing. |
| Ano: 1996 |
URL: http://purl.umn.edu/14766 |
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