Revenue-based policy alternatives are thought to be a potential component of the 2007 Farm Bill. This research provides an economic analysis of switching to a revenue assurance farm program for representative farms. Specifically, this research provides a monte-carlo stochastic simulation model...

This briefing paper provides a farm level evaluation of the November 2005 USTR Doha Round proposal on 102 U.S. representative crop and livestock farms. This report is a companion to FAPRI-UMC Report #17-05.

Under the January 2007 Baseline, 20 of the 64 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash in 2012). Five crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash. The remaining 39 crop farms have...

The 1996 and 2002 farm bills moved government support toward decoupled tools rather than support coupled to production and/or prices. This paper analyzes whether areas with more production risk would prefer decoupled or coupled support. The results indicate areas with more yield risk would...

The Administration has proposed revising the AGI means test for eligibility to farm program payments. The 2002 farm bill excludes producers from farm program payments (CCP, DP, and MLG/LDP) if their average adjusted gross income (AGI) for three preceding years exceeds $2.5 million and less than...

The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2001-2007 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate...

Projected crop prices for FAPRI’s August 2007 Baseline are summarized in Table 1. In general, crop price projections tend to be higher than they were in recent baselines. Soybean and rice price projections increased most substantially. Individual crop prices are projected to move as follows:...

The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2002-2009 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate...