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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...
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The analysis was completed for one year, namely, 2001 using the FAPRI baseline rice price of $6.29/cwt. as the mean price for 2001. Risk for price and yields was incorporated into the analysis to appropriately replicate the historical variability for these variables. The counter cyclical payment...
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A risk analysis of a national counter cyclical payment (CCP) program for six crops was completed for one year. National planted acre yield risk over the 1986-2000 period was used with FAPRI’s stochastic projection of crop prices for 2001 in the analysis. Four alternative base periods for...
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