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Registros recuperados: 14
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WHO DETERMINES FARM PROGRAMS? AGRIBUSINESS AND THE MAKING OF FARM POLICY AgEcon
Alston, Julian M.; Carter, Colin A.; Wohlgenant, Michael K..
Political-economic analyses of the causes and consequences of agricultural commodity policies typically emphasize farmer and consumer (taxpayer) interests and underplay the role of agribusiness. A more complete understanding of agricultural policy requires paying attention to the important role of agribusiness interests. Policies that benefit farmers (e.g., price supports, supply controls, deficiency payments) may either enhance or reduce agribusiness profits. The type of policy instrument preferred by agribusiness varies among commodities, depending on the technology of the marketing processes beyond the farm gate and the elasticity of final demand. This paper emphasizes the idea that instruments of farm policy are chosen in response to pressures from...
Tipo: Working or Discussion Paper Palavras-chave: Farm programs; Farm policy; Agribusiness; Political economy; Agricultural and Food Policy.
Ano: 1989 URL: http://purl.umn.edu/51252
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Analyzing Crop Revenue Safety Net Program Alternatives and Impacts on Producers and Program Costs AgEcon
Jansen, Jim A.; Lubben, Bradley D.; Stockton, Matthew C..
This study evaluates the policy effects of alternative program designs for federal revenue-based farm income safety net programs. Eight representative farms across Nebraska are used to stochastically simulate the financial impact of changing the current farm crop revenue-based safety net with a state revenue trigger against potential alternative programs involving guarantees at the district, county, or farm level. Results indicate that decreasing the aggregation of the revenue guarantee increases expected farm-level payments and program costs for the revenue-based safety net.
Tipo: Presentation Palavras-chave: Agricultural policy; Farm bill; Farm programs; Government payments; Representative farms; Risk management; Simulation; Agricultural and Food Policy; Farm Management; Risk and Uncertainty; Q12; Q18.
Ano: 2012 URL: http://purl.umn.edu/119784
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INCORPORATING THE 1990 FARM BILL INTO FARM-LEVEL DECISION MODELS: AN APPLICATION TO COTTON FARMS AgEcon
Duffy, Patricia A.; Cain, Danny L.; Young, George J..
A five-year, 0.1, mixed integer programming model was developed to analyze the effects of 1990 Farm Bill legislation on the crop-mix decisions made on cotton farms. Results showed that, when compared to the 1985 Farm Bill, the 1990 Farm Bill can result in higher whole-farm income despite new "triple base" provisions limiting payment acres. The increase in income results from elimination of limited cross-compliance provisions and the change to a three-year base calculation. The model was also used to assess the likely impact of possible changes in the current legislation.
Tipo: Journal Article Palavras-chave: Cotton farms; Farm programs; Programming models; Agricultural and Food Policy; Crop Production/Industries.
Ano: 1993 URL: http://purl.umn.edu/15041
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Tobacco Farmer Interest and Success in Income Diversification AgEcon
Beach, Robert H.; Jones, Alison Snow; Tooze, Janet A..
As farm income from tobacco production has declined in recent years, there has been increasing interest in identifying alternative sources of income for tobacco farmers in the southern United States The recent termination of the tobacco quota program has accelerated the exit of tobacco farmers and has heightened concern regarding the availability of substitutes for tobacco production. In this study, we examine factors influencing tobacco farmers’ attempts to identify profitable alternatives to tobacco, their off-farm employment behavior, and changes in acres of tobacco cultivated using survey data collected from a panel of North Carolina tobacco farmers combined with market data
Tipo: Journal Article Palavras-chave: Diversification; Farm programs; Farmer survey; Quota buyout; Tobacco; Crop Production/Industries; Farm Management; Financial Economics; C33; Q12; Q18.
Ano: 2008 URL: http://purl.umn.edu/45045
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HEDGING WITH FUTURES AND OPTIONS UNDER A TRUNCATED CASH PRICE DISTRIBUTION AgEcon
Hanson, Steven D.; Myers, Robert J.; Hilker, James H..
Many agricultural producers face cash price distributions that are effectively truncated at a lower limit through participation in farm programs designed to support farm prices and incomes. For example, the 1996 Federal Agricultural Improvement Act (FAIR) makes many producers eligible to obtain marketing loans which truncate their cash price realization at the loan rate, while allowing market prices to freely equilibrate supply and demand. This paper studies the effects of truncated cash price distributions on the optimal use of futures and options. The results show that truncation in the cash price distribution facing an individual producer provides incentives to trade options as well as futures. We derive optimal futures and options trading rules under...
Tipo: Journal Article Palavras-chave: Farm programs; Futures; Hedging; Options; Truncation; Marketing.
Ano: 1999 URL: http://purl.umn.edu/15152
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DID THE 1995 FARM BILL ADDRESS THE CRITICAL ISSUES? DISCUSSION AgEcon
Salathe, Larry E..
In 1995, for the first time since the 1930s, the United States failed to pass new farm program legislation. The inability to pass farm legislation occurred despite bipartisan agreement that farm programs should continue the trend over the past decade of less government intervention. This paper discusses the sequence of events, the role of agricultural economists, the major issues, and the lessons learned from the 1995 Farm Bill debate. The trend toward declining government intervention in agriculture will require that the profession look increasingly to the private sector for solutions to the problems facing agriculture in the twenty-first century.
Tipo: Journal Article Palavras-chave: Agricultural policy; Congressional debate; Equity; Farm programs; Policy analysis; Price and income support; Agricultural and Food Policy.
Ano: 1996 URL: http://purl.umn.edu/15232
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Evaluating the Effects of Farm Programs: Results from Propensity Score Matching AgEcon
Pufahl, Andrea; Weiss, Christoph R..
The paper applies a non-parametric propensity score matching approach to evaluate the effects of two types of farm programs (agri-environment (AE) programs and the less favoured area (LFA) scheme) on input use and farm output of individual farms in Germany. The analysis reveals a positive and significant treatment effect of the LFA scheme for farm sales and the area under cultivation. Participants in AE schemes are found to significantly increase the area under cultivation (in particular grassland), resulting in a decrease of livestock densities. Furthermore, participation in AE programs significantly reduced the purchase of farm chemicals (fertilizer, pesticide). We also find substantial differences in the treatment effect between individual farms...
Tipo: Conference Paper or Presentation Palavras-chave: Evaluation; Farm programs; Propensity score matching; Agricultural and Food Policy; Farm Management.
Ano: 2008 URL: http://purl.umn.edu/6635
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THE VALUE OF PLANTING FLEXIBILITY PROVISIONS IN THE 1990 FARM BILL TO THREE REPRESENTATIVE TEXAS FARMS AgEcon
Chien, Ming-Che; Leatham, David J..
The 1990 Farm Bill reduces deficiency payments but also provides more planting flexibility for program participants. In this study, a mean-standard deviation analysis is used to analyze the impacts of planting flexibility provisions on crop selection decisions, farm returns, and farm risk. Results show that gains from the added planting flexibility do not offset the mandatory loss in the deficiency payments for program participants. Planting flexibility will lead to an increase in corn and wheat planted in the Northern Plains and an increase in cotton planted in the Rolling Plains and Coastal Bend, Texas.
Tipo: Journal Article Palavras-chave: Planting flexibility; Farm programs; Risk; Agricultural and Food Policy; Crop Production/Industries.
Ano: 1994 URL: http://purl.umn.edu/15418
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The Application of Farm Programs to Commercial Fisheries: The Case of Crop Insurance for the Bristol Bay Commercial Salmon Fisheries AgEcon
Greenberg, Joshua A.; Herrmann, Mark; Geier, Hans; Hamel, Charles.
Under the direction of the Agricultural Risk Protection Act of 2000, the U.S. Congress proposed a crop insurance program for the Bristol Bay, Alaska, commercial salmon fishery. This study examines the feasibility of extending crop insurance to this commercial fishery. The specific focus of this analysis is on differences between this commercial capture fishery and agricultural enterprises in the context of property rights and producer control. Findings show that differences between this commercial fishery and agricultural enterprises would require substantial modifications to existing crop insurance programs. Furthermore, it is recommended that the consideration of extending crop insurance be delayed until this fishery is rationalized.
Tipo: Journal Article Palavras-chave: Bristol Bay; Commercial fisheries; Crop insurance; Farm programs; Property rights; Risk management; Salmon; Agricultural and Food Policy; Risk and Uncertainty.
Ano: 2004 URL: http://purl.umn.edu/59588
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LONG-TERM PLANNING OF A LIVESTOCK-CROP FARM UNDER GOVERNMENT PROGRAMS AgEcon
Kouka, Pierre-Justin; Duffy, Patricia A.; Taylor, C. Robert.
Optimal crop and livestock mix was determined for a representative Alabama farm using a dynamic programming model. Results indicate that decisions concerning livestock production are highly influenced by the amount of cotton base available on the farm. In most cases, increasing cotton base results in less cattle production. The triple base provisions of the 1990 Farm Bill, however, may give some cotton farmers an incentive to produce more stocker cattle during the winter months. Research results also indicate that the availability of farm programs can alter the optimal enterprise mix on a farm with no beginning base in cotton.
Tipo: Journal Article Palavras-chave: Farm programs; Dynamic programming; Livestock; Farm Management.
Ano: 1994 URL: http://purl.umn.edu/15407
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HOW SENSITIVE ARE CROP YIELDS TO PRICE CHANGES AND FARM PROGRAMS? AgEcon
Choi, Jung-Sup; Helmberger, Peter G..
A two-stage approach is used to estimate sensitivity of corn, wheat, and soybean yields to changes in prices and land idled. Estimated elasticity of demand for fertilizer per acre with respect to expected output price equals 0.47, 0.10, and 0.82 for corn, wheat, and soybeans. Upper estimates of the elasticity of yield with respect to fertilizer equals +0.58, +0.29, and +0.16 for corn, wheat, and soybeans. Yields are found to be quite insensitive to price changes. Fertilizer demands and yields are insensitive to land idled under farm programs.
Tipo: Journal Article Palavras-chave: Corn; Farm programs; Fertilizer demands; Soybeans; Wheat; Yields; Agricultural and Food Policy; Demand and Price Analysis.
Ano: 1993 URL: http://purl.umn.edu/15202
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Grain Marketing Cooperatives' Adjustments to Farm Programs AgEcon
Gunn, Steven P.; Cobia, David W..
A personal interview survey of 87 grain marketing cooperatives regarding the impact of changes in government programs and planned responses to the dilemma of excess capacity and loss of government storage income and related factors is reported. Government storage payment's impact on financial performance was ranked 77% more important than the second (other government programs) of 7 factors (e.g., interest rates). Government storage accounted for 20% of their net income. They acquired an average of 800,000 bu. of storage capacity in response to government programs. PIK and roll increased annual income an average of $39,000 in 1986-87. Participation in CCC weekly auctions averaged 51% and in catalog sales 87%. Most managers felt that government programs did...
Tipo: Working or Discussion Paper Palavras-chave: Cooperatives; Marketing strategies; Farm programs; Grain marketing; Country elevators; Agricultural and Food Policy; Marketing; Agribusiness.
Ano: 1992 URL: http://purl.umn.edu/23156
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An Overview of the U.S. Agricultural Economy and the 2008 Farm Bill AgEcon
Harwood, Joy L..
The 2008 farm bill involved 16 months of debate. The end product is similar to the 2002 farm bill in the crops arena, continuing counter-cyclical payments, direct payments, and marketing assistance loans. In addition, however, the 2008 bill adds a new, optional counter-cyclical revenue program (Average Crop Revenue Election, or ACRE), authorizes a new permanent disaster program, and contains various other changes. The new ACRE program provides an entirely new set of dimensions for producers to consider in deciding whether to opt into the program, including the multi-year trade-off between the loss of potential “traditional” payments and the revenue protection provided by ACRE, as well as the producer’s own expectations about yield and price trends and...
Tipo: Journal Article Palavras-chave: Farm bill; Farm programs; ACRE; Permanent disaster assistance; Regulatory process; Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/49861
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Evaluating the Effects of Farm Programs: Results from Propensity Score Matching AgEcon
Pufahl, Andrea; Weiss, Christoph R..
The paper applies a non-parametric propensity score matching approach to evaluate the effects of two types of farm programs (agri-environment (AE) programs and the less favoured area (LFA) scheme) on input use and farm output of individual farms in Germany. The analysis reveals a positive and significant treatment effect of the LFA scheme for farm sales and the area under cultivation. Participants in AE schemes are found to significantly increase the area under cultivation (in particular grassland), resulting in a decrease of livestock densities. Furthermore, participation in AE programs significantly reduced the purchase of farm chemicals (fertilizer, pesticide). We also find substantial differences in the treatment effect between individual farms...
Tipo: Conference Paper or Presentation Palavras-chave: Evaluation; Farm programs; Propensity score matching; Agricultural and Food Policy.
Ano: 2008 URL: http://purl.umn.edu/44149
Registros recuperados: 14
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