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2008 Farm Act: Where Will the Money Go? AgEcon
Young, C. Edwin; Oliveira, Victor; Claassen, Roger.
Tipo: Article Palavras-chave: Agricultural and Food Policy; Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/122869
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AGRICULTURAL POLICY REFORM IN THE WTO: THE ROAD AHEAD AgEcon
Diao, Xinshen; Elbehri, Aziz; Gehlhar, Mark J.; Gibson, Paul R.; Leetmaa, Susan E.; Mitchell, Lorraine; Nelson, Frederick J.; Nimon, R. Wesley; Normile, Mary Anne; Roe, Terry L.; Shapouri, Shahla; Skully, David W.; Smith, Mark; Somwaru, Agapi; Trueblood, Michael A.; Tsigas, Marinos E.; Wainio, John; Whitley, Daniel B.; Young, C. Edwin.
Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world prices, and export subsidies create increased competition for producers in other countries. Eliminating global agricultural policy distortions would result in an annual world welfare gain of $56 billion. High protection for agricultural commodities in the form of tariffs continues to be the major factor restricting world trade. In 2000, World Trade Organization (WTO) members continued global negotiations on agricultural policy reform. To help policymakers and others...
Tipo: Report Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/34015
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AN ECONOMIC ANALYSIS OF A FOOD SECURITY COMMODITY RESERVE: COMMODITY VS. CASH AgEcon
Young, C. Edwin; Westcott, Paul C.; Hoffman, Linwood A.; Lin, William W.; Rosen, Stacey L..
The cost of operating the Food Security Commodity Reserve as a commodity reserve was compared with the cost of a cash reserve to purchase food aid supplies only in the period of need. Preliminary simulation results reveal the cash reserve to be less costly in almost all cases.
Tipo: Conference Paper or Presentation Palavras-chave: Food aid; Agricultural policy; Stocks; Agricultural and Food Policy; Food Security and Poverty.
Ano: 1999 URL: http://purl.umn.edu/21622
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DECOUPLED PAYMENTS IN A CHANGING POLICY SETTING AgEcon
Ahearn, Mary Clare; Collender, Robert N.; Diao, Xinshen; Harrington, David H.; Hoppe, Robert A.; Korb, Penelope J.; Makki, Shiva S.; Morehart, Mitchell J.; Roberts, Michael J.; Roe, Terry L.; Somwaru, Agapi; Vandeveer, Monte; Westcott, Paul C.; Young, C. Edwin.
The studies in this report analyze the effects of decoupled payments in the Federal Agriculture Improvement and Reform (FAIR) Act on recipient households, and assess land, labor, risk management, and capital market conditions that can lead to links between decoupled payments and production choices. Each study contributes a different perspective to understanding the response of U.S. farm households and production to decoupled income transfers. Some use new microdata on farm households collected through USDA's Agricultural Resource Management Survey (ARMS), initiated in 1996, and its predecessor survey. These data are used to compare household and producer behavior and outcomes before and after the FAIR Act. Other studies use applied or conceptual models to...
Tipo: Report Palavras-chave: Agricultural and Food Policy.
Ano: 2004 URL: http://purl.umn.edu/33981
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Decoupled Programs, Payment Incidence, and Factor Markets: Evidence from Market Experiments AgEcon
Bastian, Christopher T.; Nagler, Amy M.; Menkhaus, Dale J.; Ehmke, Mariah D.; Whitaker, James B.; Young, C. Edwin.
We use laboratory market experiments to assess the impact of asymmetric knowledge of a per-unit subsidy and the effect of a decoupled annual income subsidy on factor market outcomes. Results indicate that when the subsidy is tied to the factor as a per-unit subsidy, regardless of full or asymmetric knowledge for market participants, subsidized factor buyers distribute nearly 22 percent of the subsidy to factor sellers. When the subsidy is fully decoupled from the factor, as is the case with the annual payment, payment incidence is mitigated and prices are not statistically different from the no-policy treatment.
Tipo: Conference Paper or Presentation Palavras-chave: Laboratory market experiments; Agricultural subsidies; Subsidy incidence; Land market; Ex ante policy analysis; Agricultural and Food Policy; Institutional and Behavioral Economics; Q18; D03; C92.
Ano: 2011 URL: http://purl.umn.edu/104108
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Distributional Impact of U.S. Farm Commodity Programs: Accounting for Alternative Farm Household Typologies AgEcon
Somwaru, Agapi; Whitaker, James B.; Vogel, Stephen J.; Morehart, Mitchell J.; Edmondson, William; Young, C. Edwin.
Agricultural households adjust to policy changes through market mechanisms by altering: their production mix, labor input, and on- and off-farm investments. Because of the significant heterogeneity among farms in the US agricultural sector, various types of farm households respond to the same policy change in significantly different ways. The parameters used to classify farm households into different typologies may also play a significant role in the interpretation of observed effects of policy changes. This paper, using a highly disaggregated U.S. Computable General Equilibrium (CGE) model, analyzes the distributional impacts of policy changes involving price-contingent government payments on alternative U.S. farm household typologies. We find that...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2007 URL: http://purl.umn.edu/9885
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Domestic Support for the U.S. Rice Sector and the WTO: Implications of the 2002 Farm Act AgEcon
Hoffman, Linwood A.; Young, C. Edwin; Westcott, Paul C.; Childs, Nathan W..
The U.S. rice sector is expected to receive some of the largest relative support under the 2002 Farm Act. USDA's rice baseline model is used to compute marketing loan benefits, while direct payments and counter-cyclical payments are estimated from endogenous prices and exogenous policy parameters. Alternative scenarios of reduced marketing loan benefits suggest that projected annual average sector revenue could decline by 4 to 27 percent.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2003 URL: http://purl.umn.edu/21929
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Economic Analysis of Base Acre and Payment Yield Designations Under the 2002 U.S. Farm Act AgEcon
Young, C. Edwin; Skully, David W.; Westcott, Paul C.; Hoffman, Linwood A..
The 2002 Farm Act provided farmland owners the opportunity to update commodity program base acres and payment yields used for calculating selected program benefits. Findings in this report suggest that farmland owners responded to economic incentives in these decisions, selecting those options for designating base acres that resulted in the greatest expected flow of program payments. Decisions of farmland owners in South Dakota, in upland cotton area, and in the Heartland region support the payment-maximization argument. In general, landowners favored maximizing payments over aligning base acres to current or recent plantings. Farmland owners with high-payment base acres, such as rice and cotton, held on to these base acres and, whenever possible, expanded...
Tipo: Report Palavras-chave: Base; 2002 Farm Act; Direct payments; Counter-cyclical payments; Production flexibility contract payments; Base acres; Program yields; Agricultural and Food Policy; Farm Management.
Ano: 2005 URL: http://purl.umn.edu/33594
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Eliminating Fruit and Vegetable Planting Restrictions: How Would Markets Be Affected? AgEcon
Johnson, D. Demcey; Krissoff, Barry; Young, C. Edwin; Hoffman, Linwood A.; Lucier, Gary; Breneman, Vincent E..
Eighty-nine percent of American households were food secure throughout the entire year in 2005, meaning that they had access, at all times, to enough food for an active, healthy life for all household members. The remaining households were food insecure at least some time during that year. The prevalence of food insecurity declined from 11.9 percent of households in 2004 to 11.0 percent in 2005, while the prevalence of very low food security remained unchanged at 3.9 percent. This report, based on data from the December 2005 food security survey, provides the most recent statistics on the food security of U.S. households, as well as on how much they spent for food and the extent to which food-insecure households participated in Federal and community food...
Tipo: Report Palavras-chave: Food security; Food insecurity; Food spending; Food pantry; Hunger; Soup kitchen; Emergency kitchen; Material well-being; Food Stamp Program; National School; Crop Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/7249
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Fruit and Vegetable Planting Restrictions: Do U.S. Farmers Even Notice? AgEcon
Motamed, Mesbah J.; Krissoff, Barry; Young, C. Edwin; You, Chengxia.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Food Consumption/Nutrition/Food Safety.
Ano: 2010 URL: http://purl.umn.edu/61595
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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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Is Agricultural Policy Decoupling against Human Nature? Experimental Evidence of Fairness Expectations’ Contributions to Payment Incidence AgEcon
Ehmke, Mariah D.; Nagler, Amy M.; Menkhaus, Dale J.; Bastian, Christopher T.; Young, C. Edwin.
The objective of this research is to measure individuals’ fairness expectations and relate them to their market behavior in a private-negotiation institution. By doing this, we may inform model parameterization of field data and increase understanding of payment incidence causation. We hypothesize agents will change both their market and UG behavior when the tenant/proposer receives a subsidy following a successful negotiation. We also hypothesize that agents’ market behavior does relate to their fairness expectations in the UG. Two economic experiments were developed to test our hypotheses, a market and an ultimatum bargaining game experiment. We recruited 106 undergraduate students and conducted the experiments in an experimental laboratory using a...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2010 URL: http://purl.umn.edu/61645
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MANAGING NUTRIENT LOSSES: SOME EMPIRICAL RESULTS ON THE POTENTIAL WATER QUALITY EFFECTS AgEcon
Young, C. Edwin; Crowder, Bradley M..
Over-application of manure on cropland can cause water quality degradation. This paper reports a modeling approach for assessing tradeoffs among manure storage and handling systems as they relate to the nutrient loadings in cropland runoff, including nitrate losses to groundwater. The CREAMS simulation model provided estimates of nutrient losses. A linear optimization model was used to determine the income-nutrient loss tradeoffs. Six-month storage was profitable for farmers with average-size dairy herds, but compared to daily spreading caused increased nitrate leaching through the soil to groundwater resources. Twelve-month storage systems decreased farm profitability while decreasing the total nitrogen losses from farm fields.
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 1986 URL: http://purl.umn.edu/29060
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Moving Toward the Food Guide Pyramid: Implications for U.S. Agriculture AgEcon
Young, C. Edwin; Kantor, Linda Scott.
Recent studies show that average diets differ considerably from Food Guide Pyramid recommendations. The gap between current consumption and recommendations is particularly large for caloric sweeteners, fats and oils, fruits, and certain vegetables, notably dark-green leafy and deep-yellow vegetables, and dry beans, peas, and lentils. The change in food consumption needed to meet Food Guide Pyramid serving recommendations will result in adjustments in U.S. agricultural production, trade, nonfood uses, and prices. The net adjustment in crop acreage is projected to be relatively small, about 2 percent of total cropland in 1991-95. However, this small net adjustment masks larger anticipated changes for some sectors, particularly sweeteners, fats and oils, and...
Tipo: Report Palavras-chave: Food; Food consumption; Food Guide Pyramid; Crop production; Commodity prices; Trade; Dietary recommendations; 1996 Farm Act; Food Consumption/Nutrition/Food Safety.
Ano: 1999 URL: http://purl.umn.edu/34071
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New Market Realities Affect Crop Program Choices AgEcon
Dismukes, Robert; Young, C. Edwin.
Despite higher commodity prices, producers must still mitigate and manage risks.
Tipo: Article Palavras-chave: Agricultural and Food Policy; Marketing.
Ano: 2008 URL: http://purl.umn.edu/122580
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POLICY DEVELOPMENTS IN UNITED STATES AGRICULTURE SINCE 1986 AgEcon
Young, C. Edwin; Nelson, Frederick J.; Dixit, Praveen M.; Conklin, Neilson C..
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2001 URL: http://purl.umn.edu/16851
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THE 2002 FARM ACT: PROVISIONS AND IMPLICATIONS FOR COMMODITY MARKETS AgEcon
Westcott, Paul C.; Young, C. Edwin; Price, J. Michael.
The Farm Security and Rural Investment Act of 2002 (2002 Farm Act), which governs agricultural programs through 2007, was signed into law in May 2002. This report presents an initial evaluation of the new legislation's effects on agricultural commodity markets, based on sectorwide model simulations under alternative policy assumptions. The analysis shows that loan rate changes under the marketing assistance loan program of the 2002 Farm Act initially result in an increase in total planted acreage of eight major program crops. This increase in plantings, however, is relatively small (less than 1 percent), partly due to the inelasticity of acreage response in the sector. In the longer run, the simulations indicate that overall plantings of the eight program...
Tipo: Report Palavras-chave: Farm legislation; 2002 Farm Act; Agricultural programs; Commodity programs; Marketing loans; Counter-cyclical payments; Direct payments; Planting flexibility; Base acres; Payment yields; Farm income; Risk management; FAPSIM; Agricultural and Food Policy.
Ano: 2002 URL: http://purl.umn.edu/33745
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THE 2002 U.S. FARM ACT: IMPLICATIONS OF BASE UPDATING AgEcon
Westcott, Paul C.; Skully, David W.; Young, C. Edwin; Hoffman, Linwood A..
The 2002 Farm Act allowed farm owners to update base acres for direct payments (DPs) and counter-cyclical payments (CCPs) and to update yields for counter-cyclical payments. A minority, about 40 percent, of the 1.9 million enrolled farms choose to update their base acres using 1998-2001 plantings; of these updating farms about three-fourths updated their payment yield for CCPs. Producers with rice and cotton base had a strong economic incentive to maximize base acres for those crops, either by retaining previous base acres if they had shifted to production of alternative crops or by increasing base if they had expanded rice or cotton plantings. Research findings support the hypothesis that base designation reflects payment maximization criteria.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2004 URL: http://purl.umn.edu/20197
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U.S. Peanut Markets Adjust to Policy Reform AgEcon
Dohlman, Erik; Hoffman, Linwood A.; Young, C. Edwin.
With the recent (2002) elimination of the longstanding "marketing quota" system that supported domestic peanut prices at well above world levels, the U.S. peanut sector is in the initial stages of adjusting to a more uncertain, market-oriented environment. At the aggregate level, some early indications are that the adjustment process for U.S. peanut farmers has been difficult, resulting in deep losses of revenue and a rapid exit from peanut production by some producers. In 2003, the value of U.S. peanut production was down 30 percent and prices fell by nearly 25 percent compared with 2001. U.S. peanut planted acreage is at its lowest since 1915, and planted acreage has declined sharply in several important peanut producing States-55 percent in Virginia and...
Tipo: Conference Paper or Presentation Palavras-chave: Peanuts; Policy; Adjustment; Marketing quotas; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/15732
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