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Lessons Learned in the Southern Region after the First Year of Implementation of the New Commodity Programs AgEcon
Campiche, Jody L.; Harris, Wesley L..
The development of the commodity programs in the 2008 Farm Bill involved the origination of two complex revenue support initiatives. The two new programs, Average Crop Revenue Election (ACRE) and Supplemental Revenue Assurance (SURE), expanded the risk management tool kit of agricultural producers. The SURE program is a permanent disaster assistance program, whereas the ACRE program is a revenue-based commodity program offered as an alternative to the price-based Direct and Counter-Cyclical Program (DCP) created in the 2002 Farm Bill. For the 2009 signup, only 7.7% of eligible U.S. farms enrolled in the ACRE program. In the southern region, three states had no farms electing ACRE and four others had less than 50. Excluding Oklahoma, less than 1% of all...
Tipo: Journal Article Palavras-chave: Farm policy; Food Conservation and Energy Act of 2008; Average Crop Revenue Election Program (ACRE); Supplemental Revenue Assistance (SURE); Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Farm Management; Political Economy; Q1.
Ano: 2010 URL: http://purl.umn.edu/92587
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Average Crop Revenue Election, Crop Insurance, and Supplemental Revenue Assistance: Interactions and Overlap for Illinois and Kansas Farm Program Crops AgEcon
Zulauf, Carl R.; Schnitkey, Gary D.; Langemeier, Michael R..
Farm-level data from Illinois and Kansas for the 1991–2007 crops are used to examine the interaction and overlap among crop revenue insurance, Supplemental Revenue Assistance (SURE), and Average Crop Revenue Election (ACRE). Compared with 75% Crop Revenue Coverage Insurance (75% CRCP), ACRE provides more payments and has a greater impact on minimum farm revenue for the Illinois farms. In contrast, for the Kansas farms, 75% CRCP has the greater impact. SURE’s relative impact on the Illinois and Kansas farms depends on the metric. The overlap in payments from ACRE and 75% CRCP resulting from covering the same part of the revenue risk distribution is estimated to be less than 5% of ACRE payments. Several proposals for improving the farm safety net are...
Tipo: Journal Article Palavras-chave: Average Crop Revenue Election Program (ACRE); Crop Revenue Coverage Insurance (CRCP); Farm policy; Food Conservation and Energy Act of 2008; Supplemental Revenue Assistance (SURE); Agribusiness; Agricultural and Food Policy; Farm Management; Land Economics/Use; Risk and Uncertainty; Q18; Q12.
Ano: 2010 URL: http://purl.umn.edu/92589
Registros recuperados: 2
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