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Registros recuperados: 18
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2008 Farm Bill – Focus on ACRE (Average Crop Revenue Election)(PowerPoint) 31
Zulauf, Carl R..
Presented to USDA Economists Group, Washington, DC, 03 October 2008.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural policy; Revenue protection; Farm bill; Agricultural and Food Policy; Farm Management; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/43907
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An Empirical Investigation of the Linkages between Government Payments and Farmland Leasing Arrangements 31
Qiu, Feng; Goodwin, Barry K.; Gervais, Jean-Philippe.
Replaced with revised version of paper 07/29/10.
Tipo: Conference Paper or Presentation Palavras-chave: Contract choice; Hybrid contract; Farm bill; Program payments; Agricultural and Food Policy; Environmental Economics and Policy; Industrial Organization; Institutional and Behavioral Economics; Land Economics/Use; Risk and Uncertainty; Q12; Q15; Q18.
Ano: 2009 URL: http://purl.umn.edu/49242
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An Overview of the U.S. Agricultural Economy and the 2008 Farm Bill 31
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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ANALYSIS OF THE 2002 FARM BILL AND NEW FARM BILL ALTERNATIVES 31
Taylor, Richard D.; Koo, Won W..
This report evaluates the 2002 farm bill and the effects of the individual programs within the bill on North Dakota net farm income. A stochastic simulation model was developed, using @Risk by Palisade. @Risk replaces the mean values for price and yield with a distribution of values for the eight major commodities grown in North Dakota. The counter-cyclical (target price) program, marketing loan program, and federal crop insurance benefits were separated and analyzed to determine which components were the most important to North Dakota producers. The U.S. Trade Representative offered to decrease the country's trade distorting subsidies by 60% if the European Union would lower its export subsidies 75%. The study estimates the impact of that plan....
Tipo: Working or Discussion Paper Palavras-chave: Net farm income; Risk; Farm bill; North Dakota; Forecast; Domestic subsidies; Agricultural and Food Policy.
Ano: 2006 URL: http://purl.umn.edu/23524
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Analyzing Crop Revenue Safety Net Program Alternatives and Impacts on Producers and Program Costs 31
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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BASE REVENUE PROTECTION AND REVENUE COUNTERCYCLICAL PROGRAMS FOR CORN IN NORTH DAKOTA 31
Aakre, Dwight G.; Haugen, Ronald H.; Swenson, Andrew L..
The National Corn Growers Association Public Policy Team’s Base Revenue Projection Program (BRP) and the Revenue Countercyclical Program (RCCP) were analyzed. The analysis was done for corn using the BRP-RCCP calculator, as developed by the National Corn Growers Association. Three representative counties (Richland, Barnes and Foster) were chosen in North Dakota. Historic and projected data were used to analyze 2002 to 2010 crop years. A comparison of the BRP-RCCP programs to the current farm program was done. For 2002 to 2005, Barnes County would have received more total payments under the BRP-RCCP program than with the current farm program. The gain would have been $24.12 per acre during the four years. Richland and Foster counties would have received...
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Corn; Countercyclical payments; Revenue; Agricultural Finance; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7302
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BASE REVENUE PROTECTION AND REVENUE COUNTERCYCLICAL PROGRAMS FOR SOYBEANS IN NORTH DAKOTA 31
Aakre, Dwight G.; Haugen, Ronald H.; Swenson, Andrew L..
The National Corn Growers Association Public Policy Team’s Base Revenue Projection Program (BRP) and the Revenue Countercyclical Program (RCCP) were analyzed. The analysis was done for soybeans using the BRP-RCCP calculator, as developed by the National Corn Growers Association. Three representative counties (Cass, Stutsman and Benson) were chosen in North Dakota. Historic and projected data were used to analyze 2002 to 2010 crop years. A comparison of the BRP-RCCP programs to the current farm program was done. From 2002 to 2005, all counties would have received more payments with the BRP-RCCP program than they would have received under the current farm program. Benson County would benefit the most from this program, receiving $58.56 per acre more during...
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Soybeans; Countercyclical payments; Revenue; Agricultural Finance; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7301
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BASE REVENUE PROTECTION AND REVENUE COUNTERCYCLICAL PROGRAMS FOR SPRING WHEAT IN NORTH DAKOTA 31
Aakre, Dwight G.; Haugen, Ronald H.; Swenson, Andrew L..
The National Corn Growers Association Public Policy Team’s Base Revenue Projection Program (BRP) and the Revenue Countercyclical Program (RCCP) were analyzed. The analysis was done for spring wheat using the BRP-RCCP calculator, as developed by the National Corn Growers Association. Three representative counties (Hettinger, Ward and Cavalier) were chosen in North Dakota. Historic and projected data were used to analyze 2002 to 2010 crop years. A comparison of the BRP-RCCP programs to the current farm program was done. From 2002 to 2005, Ward County would have received nearly identical payments under the BRP-RCCP program and the current farm program. The Hettinger County farm would have received considerably more under the BRP-RCCP program - $76.87 per...
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Wheat; Countercyclical payments; Revenue; Agricultural Finance; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7300
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CROP INSURANCE AND THE FUTURE FARM SAFETY NET 31
Collins, Keith J.; Bulut, Harun.
Tipo: Article Palavras-chave: Crop Insurance; Farm bill; Farm Programs; Resource /Energy Economics and Policy; Q18.
Ano: 2011 URL: http://purl.umn.edu/120007
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Discussion: What Have We Learned from the New Suite of Risk Management Programs of the Food, Conservation, and Energy Act of 2008? 31
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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Economic Analysis of SODSAVER Provision of the 2008 Farm Bill for South Dakota 31
Janssen, Larry; Hamda, Yonas.
The contents of this staff paper are based on the analysis of the Sodsaver provision prepared for the South Dakota Corn Utilization Council and the South Dakota Department of Agriculture. In addition this paper contains a summary of the policy discussion in January 2009 prior to South Dakota’s decision to not participate in the “Sodsaver” provision. Finally, a copy of the professional poster formatted for this publication is shown in Appendix 1.
Tipo: Report Palavras-chave: Farm bill; Sodsaver; Economic analysis; Farm Management; Q14.
Ano: 2009 URL: http://purl.umn.edu/56776
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Factors Influencing ACRE Program Enrollment 31
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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Get a Grip: Should Area Revenue Coverage Be Offered Through the Farm Bill or as a Crop Insurance Program? 31
Paulson, Nicholas D.; Babcock, Bruce A..
The successful expansion of the U.S crop insurance program has not eliminated ad hoc disaster assistance. An alternative currently being explored by Congress in preparation of the 2008 farm bill is a standing disaster relief program. One form such a program could take can be found in the area insurance programs currently offered by the U.S crop insurance program. Total per acre taxpayer costs of offering Group Risk Income Protection (GRIP) in Indiana, Illinois, and Iowa for corn and soybeans are estimated to have the ability to fund a country target revenue program at the 93% coverage level.
Tipo: Journal Article Palavras-chave: Area insurance; Commodity programs; Crop insurance; Farm bill; Group Risk Income Protection; Agricultural and Food Policy; Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/42458
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Identifying Abnormal Returns to Food and Agribusiness Stocks on Key Farm Policy Legislative Dates 31
Detre, Joshua D.; Gunderson, Michael A.; Briggeman, Brian C..
The efficient market hypothesis would suggest that stock prices incorporate the information revealed in the public process of creating legislation as the debate occurred. Thus, there should be no abnormal returns to agribusiness stocks on key legislative dates when drafting and altering the farm bill. Using an event study methodology, key legislative dates are tested for abnormal returns to firms that supply inputs to or process outputs of agricultural producers. Typically, agribusinesses react on the date legislation emerges from the joint House and Senate conference committee.
Tipo: Journal Article Palavras-chave: Agribusiness stock values; Event study; Farm bill; Agribusiness; Agricultural and Food Policy.
Ano: 2008 URL: http://purl.umn.edu/90551
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REGIONAL ADJUSTMENT COSTS: A FAILURE OF NATIONAL ANALYSIS 31
Dicks, Michael R..
The use of national aggregate measures for the purpose of analyzing the impacts of agricultural policies hides the impact of national policies on the distribution of benefits and costs between and within regions, size, and types of businesses. While economists can use national aggregate measures to indicate changes in overall efficiency due to policies, the tradeoff between efficiency and equity should be measured and the results provided to policymakers. These tradeoffs were not presented during the 1995-96 Farm Bill debate.
Tipo: Journal Article Palavras-chave: Agricultural policy; Equity; Farm bill; Agricultural and Food Policy.
Ano: 1996 URL: http://purl.umn.edu/15229
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Review and Analysis of International and Budgetary Considerations for the 2007 U.S. Farm Bill 31
Qasmi, Bashir A.; Van der Sluis, Evert.
We assess the extent to which national budget considerations, international trade negotiations, and domestic political deliberations affect the potential development of an omnibus farm bill, which may be signed into law in 2008. With no successful conclusion of the Doha Development Round of trade negotiations in sight, U.S. legislators appear unable to make politically unpopular decisions on domestic farm policy reform. However, the absence of an international trade agreement does not reduce the need for the U.S. to comply with previous agreements.
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Budget deficit; International trade agreements; Agricultural policy; Agricultural and Food Policy; International Relations/Trade; Public Economics.
Ano: 2008 URL: http://purl.umn.edu/6761
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Risk-Reducing Effectiveness of Revenue versus Yield Insurance in the Presence of Government Payments 31
Vedenov, Dmitry V.; Power, Gabriel J..
Government farm support programs such as Loan Deficiency Payments (LDP) and Counter-Cyclical Payments (CCP) have payoff structures that effectively make them costless price insurance instruments. A combination of these payments with yield insurance may provide a viable alternative to revenue insurance. This paper finds that, contrary to expectations, the revenue product analyzed is uniformly superior to yield insurance under both current (2002) and proposed (2008) Farm Bill structures of government payments. Given minor adjustments, however, yield insurance combined with government payments can provide more effective risk management than revenue insurance in production areas with low yield–price correlation.
Tipo: Journal Article Palavras-chave: Copulas; Crop insurance; Farm bill; Government payments; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Q14; Q18.
Ano: 2008 URL: http://purl.umn.edu/46982
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The SURE Program and Its Interaction with Other Federal Farm Programs 31
Ubilava, David; Barnett, Barry J.; Coble, Keith H.; Harri, Ardian.
We investigate potential effects of the Supplemental Revenue Assistance Payments (SURE) program introduced in the 2008 Farm Bill. Results suggest little impact on optimal crop insurance purchase decisions, though the SURE program does seem to provide an incentive for mid-level insurance coverage. For producers in the price counter-cyclical payment (PCCP) program, SURE payments are actually higher (lower) when commodity prices are high (low). This is not the case for producers in the Average Crop Revenue Election (ACRE) program.
Tipo: Article Palavras-chave: Crop insurance; Disaster assistance; Farm bill; SURE; Agricultural and Food Policy; Farm Management; Public Economics; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/119184
Registros recuperados: 18
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