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Factors Influencing ACRE Program Enrollment AgEcon
Woolverton, Andrea E.; Edwin, Young.
Authorized by the 2008 Farm Act, the Average Crop Revenue Election (ACRE) program is the first revenue-based, income-support program that calculates payments using recent market prices and a producer’s actual plantings. The payments are triggered when a farm’s revenue and State revenue (price multiplied by yield per planted acre) fall below a calculated guarantee for a crop. By contrast, other income-support programs are based on legislated rates and support levels, computed using a farm’s base acres and payment yields. Had the ACRE program been available during crop years 1996-2008, this report shows that farmers would have benefited more from participating in 2002 Farm Act programs than in the hypothetical ACRE program. The report further suggests that,...
Tipo: Report Palavras-chave: Average Revenue Crop Election; ACRE; 2008 Farm Act; Farm bill; Commodity programs; Risk management; Income support; ERS; USDA; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/55954
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How Does the Limited Base Acre Provision in the 2008 Farm Act Affect Small Farms? AgEcon
Arriola, Christine; Krissoff, Barry; Young, C. Edwin.
Under the Food, Conservation, and Energy Act of 2008 (Farm Act), U.S. farms with 10 or fewer base acres became ineligible to receive Direct and Countercyclical Payment (DCP) or Average Crop Revenue Election (ACRE) program payments(Section 1101(d) and 1302(d)) from USDA. Limited resource and socially disadvantaged owners are exempt from this “base 10” provision. Eliminating payments on farms with 10 or fewer base acres reduces payments made by USDA Farm Service Agency (FSA) and the cost of administering the DCP and ACRE programs. We examine the characteristics of the farms affected by the limited base acre provision and answer the question: How does the provision affect small farms?
Tipo: Conference Paper or Presentation Palavras-chave: US Farm Policy; Limited Base Acres Provision; 2008 Farm Act; Agricultural and Food Policy.
Ano: 2011 URL: http://purl.umn.edu/103563
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