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Farms growing rice changed significantly over the past two decades in terms of operation size and the ways in which rice is produced. As the total number of farms growing rice declined (from 9,627 in 1997 to 5,591 in 2012), total U.S. planted rice acres also dropped at an annual average rate of...
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The U.S. rice sector is expected to receive some of the largest relative support under the 2002 Farm Act. USDA's rice baseline model is used to compute marketing loan benefits, while direct payments and counter-cyclical payments are estimated from endogenous prices and exogenous policy...
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