The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) introduces several significant changes to farm commodity legislation. While these changes impact all program commodities, they have prompted considerable concern for the future of the Texas rice industry. Changes in the farm...

The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) introduces several significant changes to farm commodity legislation. While these changes impact all program commodities, they have prompted considerable concern for the future of the Texas cotton industry. Changes in the farm...

The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) introduces several significant changes to farm commodity legislation. While these changes impact all program commodities, they have prompted considerable concern for the future of the Texas grain industry. Changes in the farm...

The high levels of government payments to farmers resulting from the 1985 farm bill have once again led the Congress to examine the payment limit issue. Payment limits were initially established in 1970 and have since been revised several times. In this report, policy and farm management...

E-V studies traditionally have relied on historical data to calculate returns and variance. Historical data may not fully reflect current conditions, particularly when decisions involve government-supported crops. This paper presents a method for calculating mean and variance using...

On the Texas High Plains, water from the Ogallala aquifer is used to supplement irrigation requirements, since annual rainfall is below 20.5 in/ year. This study addresses land and water demand by testing the effects of water costs, crop prices, and technology on water use and crop production...

Arguably, since the 1930s, what farmers produced has been markedly influenced by farm programs. The 1996 farm bill affects farmers in terms of what they produce and their level of risk exposure. This paper investigates the farm level impacts of the 1996 farm bill on the South. Focus group...

The Agricultural and Food Policy Center (AFPC) of the Texas A&M University System is pleased to be invited to address this symposium addressing the future of U.S. agriculture. As a participant in the FAPRI consortium, AFPC monitors the economic conditions of U.S. agriculture at the farm and...