The 1993 adverse weather and floods in the midwestern United States caused enormous damage. Apart from the impacts to urban areas, most the ponding and flood damage in the Upper Midwest occurred on farmland with significant effects on agricultural yields and production. Although public officials...

An econometric model of acreage planted in Iowa was developed to assess the weekly impacts of changing economic conditions on acreage distribution among crops. The results indicate that the producer takes into account changes in yield expectations and prices in determining final planting...

Researchers evaluate the profitability of planting flood-tolerant crops in flood plains relative to traditional row crops under different assumptions concerning flood frequency and the level of government crop subsidy. Short rotation woody crops and herbaceous energy crops are evaluated for two...

The variation in protection awarded to agricultural commodities indicates some general patterns of protection across industrialized and developing countries. This paper provides an analytical overview of the political economy market of agricultural protection. A comprehensive comparative...

The political economy of agricultural protection (PEAP) literature has progressed along two distinct paradigms of the interactions among economic agents: the self-will government (SWG) models and the clearing house government (CHG) models. This study treats the two approaches as complementary,...

On July 27, 1993 a multidisciplinary committee was formed at Iowa State University to provide preliminary estimates for the economic effects of the 1993 floods on Iowa's agricultural enterprises. This report summarizes the committee's initial estimates of the losses by broad economic category;...

Using data from the United States Department of Agriculture on the Production Flexibility Contract (PFC) acres enrolled for fiscal year 1996, the authors calculated the payment rates by bushel, acre, and state. The total payments by state under the 1996 FAIR Act were also calculated. Figures...

Since 1986 the federal crop insurance program has changed in several ways: the number of covered crops has increased dramatically; the number of insured acres and amount of total premiums have risen; and new styles of crop insurance policies have been introduced. Each change has had a...