Westcott, Paul C.; Skully, David W.; Young, C. Edwin; … - Agricultural and Applied Economics Association - AAEA - 2004
The 2002 Farm Act allowed farm owners to update base acres for direct payments (DPs) and counter-cyclical payments (CCPs) and to update yields for counter-cyclical payments. A minority, about 40 percent, of the 1.9 million enrolled farms choose to update their base acres using 1998-2001...