This analysis focuses on four policy options, based on national formulas where implications are examined for varying levels of loan rates and base AMTA payment rates.

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...

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...

Despite many years of experience, the federal government continues to seek a farm program that holds the potential for providing a politically acceptable safety net for farmers. This study demonstrates that, with the 2002 Farm Bill, AMTA, and marketing loan provisions continuing, a whole farm...

The Agricultural and Food Policy Center’s (AFPC) primary purpose is to analyze the economic and financial impacts of alternative government policies on U.S. farming and ranching operations. This is accomplished through the maintenance of data necessary to simulate the economic and financial...

The wool and mohair industries have been in a period of radical transition over the last few years. A number of issues have adversely impacted wool and mohair producers. These include loss of milling infrastructure, world economic events that have severely damaged export markets, increasing...

What is a traditional family farm? Is it a family of four living on a farm and supplying all of the labor, capital and management or is it a family corporation with four families supplying all of the capital and management? These types of questions continue to arise in policy debates, as they...

The FAIR Act of 1996, also known as the Freedom to Farm Act (ACT) dismantled many of the agriculture policy tools in use for the last 25 years. Gone were target prices, deficiency payments, and set asides. In their place were expanded marketing loan programs to effectively include wheat and feed...