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...

Relatively low crop prices over the past two years, as well as regional weather adversity, has been the catalyst for the passage of "ad hoc" emergency relief. This paper examines the economic and financial status of 41 representative panel farms over the 1999-2002 period. When forecasting...

As Congress begins its debate for the 2002 farm bill, there have been calls for a counter cyclical safety net that will provide a better basis for targeting longer term planning than exists with ad hoc emergency assistance. Further subsidization of the multi-peril crop insurance (MPCI) program...

The economic outlook for 72 representative feed grain, wheat, cotton, rice, beef cattle, hog and dairy farms in key production areas across the United States is projected for 1997-2002, using the November 1997 FAPRI/AFPC Baseline. The Baseline provides a seven year projection of crop and...

Evaluating the performance of our current farm programs initially requires a specification of policy goals. In performing this exercise, we conclude that the goals have changed, much like the policies have changed. We then evaluate whether the current set of policies will fulfill the goals in a...

This paper investigates the farm-level impacts of the 1996 farm bill on the South. Focus group perceptions of risk sources, observed acreage changes, and the farm-level impact of increased price risk are evaluated. Focus group respondents ranked price and yield as the two most important sources...