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Agricultural policy reform in the United States: an unfinished agenda AgEcon
Stuart, Kimberly; Runge, C. Ford.
The 1996 Federal Agriculture Improvement and Reform Act (FAIR) contained important breaks with a tradition of crop-by-crop subsidies dating back to the Agricultural Adjustment Act of 1933. Farmers with recorded base acres were given the opportunity (which nearly all accepted) to sign a seven-year `contract' with the US Department of Agriculture (USDA), under which payments will be continued on the merged base acres on a declining schedule until the year 2002. FAIR is an unfinished agenda. First, the coverage of `freedom to farm' is only partial, with numerous commodities left out of the decoupling programme. Second, the largest producers will augment their already significant receipts with generous lump sum transfers from USDA. This will further reinforce...
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy.
Ano: 1997 URL: http://purl.umn.edu/118010
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AGRICULTURAL POLICY REFORM IN THE UNITED STATES: AN UNFINISHED AGENDA AgEcon
Stuart, Kimberly; Runge, C. Ford.
The paper is divided into three sections: a discussion of the major provisions of the FAIR act of 1996 [Federal Agriculture Improvement and Reform Act of 1996]; a review of the political forces leading up to it; and a discussion of reforms that could extend the incipient agenda that it represents.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 1996 URL: http://purl.umn.edu/14360
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