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Lubben, Bradley D.; Novak, James L.. |
New revenue-based support programs in the 2008 Farm Bill represent a fundamental shift in farm programs and risk management decision-making. However, complexity, uncertainty, economics, and, arguably, an incomplete analysis of the new Average Crop Revenue Election (ACRE) program all contributed to low enrollment in the new program in 2009. An effective analysis of ACRE should consider farm programs as part of an integrated risk management portfolio, including crop insurance, marketing, and other risk management tools as opposed to a separate lottery program. Improving this integration could be one of the most significant consequences of the 2008 Farm Bill. |
Tipo: Journal Article |
Palavras-chave: Farm bill; Commodity programs; Risk management; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Farm Management; Land Economics/Use; Political Economy; Public Economics; Risk and Uncertainty; Q18. |
Ano: 2010 |
URL: http://purl.umn.edu/92591 |
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Pendell, Dustin L.; Perry, William R.; Williams, Jeffery R.; Barnaby, Glenn Arthur, Jr.; Lubben, Bradley D.. |
The purpose of this report is to provide a revised version of the publication, "Mathematical Formulas for Calculating Net Returns from Participation in Government Commodity Programs including Marketing Loans" (Williams and Barnaby, 1994). The change in design of the government commodity programs and development of several crop insurance alternatives has been significant since the previous paper was published. The formulas for calculating net returns incorporate provisions from the Farm Security and Rural Investment Act of 2002 and several crop insurance designs developed in the 1990s. Individuals conducting research or education programs will be able to use this revision for reference when estimating net returns for producers under current commodity... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance. |
Ano: 2003 |
URL: http://purl.umn.edu/30711 |
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