In 2008, wheat futures prices spiked and then crashed along with prices for other agricultural and nonagricultural commodities. Market observers offered several theories to explain this common movement, or comovement, in prices, and have proposed policies to address the perceived problem of...

The first 50 years of the Federal crop insurance program were marked by low enrollment levels. To boost program participation, legislation in 1994 and 2000 increased premium subsidies. In the years since, the jump in enrollment coupled with high commodity prices caused significant increases in...

Movements in countries’ exchange rates can substantially change the prices of goods faced by producers and consumers and thereby affect incentives to produce, consume, and trade goods. Exchange rate changes, however, might not be completely transmitted (passed through) to domestic prices....

According to the U.S. Census of Agriculture, 294,000 farms operated on 10 or fewer acres in 2007. While most small acreage (SA) operations did very little farming, approximately 50,000 SA farms had gross sales of $10,000 or more in 2007; 3,600 reported grossing $500,000 or more. Thus, a limited land...

There was little change in the value of U.S. agricultural exports in CY 1991 ••• Agricultural imports for 1991, at $22.7 billion, were the same as in 1990••• U.S. agricultural to major markets totaled $37.6 billion in FY 1991, down from $40.2 billion.

In the 2 years following the January 1980-April 1981 sales suspension, Soviet purchases of U.S. farm goods have remained more than one-third below 1979's record $3 billion in agricultural sales. The worldwide economic recession reduced demand for U.S. agricultural exports during 1982, lowering...

U.S. agricultural exports rose slightly during the first 5 months of FY 1990, climbing 4 percent to $18 billion....More than 18 percent of the value of U.S. agricultural production was exported in FY 1989, up from. 16 percent the previous year and the highest total in 5 years ••• For the...

U.S. agricultural exports fell for the first time in 5 years during FY 1991, down $2.7 billion to $37.6 billion••• Agricultural imports for FY 1991 totaled $22.6 billion, the same as last year ... U.S. agricultural exports under the export credit guarantee programs of the Commodity Credit...