Kropp, Jaclyn D.; Katchova, Ani L. - In: Agricultural Finance Review 71 (2011) November, pp. 347-365
Purpose – US decoupled direct payments, paid to farm operators based on historic yields and base acreage under the 2002 Farm Bill, may alter a farmer's access to credit or his ability to meet debt servicing obligations. More specifically, direct payments might improve the farmer's liquidity...