Economic analysis of base acre and payment yield designations under the 2002 U.S. Farm Act
By: C. Edwin Young ... [et al.].
Contributors: Young, C. Edwin 1948-; United States. Dept. of Agriculture. Economic Research Service.
Series: Economic Research report -- no. 12.; Economic research report (United States. Dept. of Agriculture. Economic Research Service) -- no. 12.
Publisher: U.S. Dept. of Agriculture, Economic Research Service
Published: 2005
Place of publication: Washington, D.C
Language: eng
Number of pages: 41
Subjects: Agricultural subsidies -- United States.; Crops -- Economic aspects -- United States.; Agriculture and state -- United States.
Description: The 2002 Farm Act provided farmland owners the opportunity to update commodity program base acres and payment yields used for calculating selected program benefits. Findings in this report suggest that farmland owners responded to economic incentives in these decisions, selecting those options for designating base acres that resulted in the greatest expected flow of program payments. Farmland owners with high-payment base acres, such as rice and cotton, held on to these base acres and, whenever possible, expanded them. Analogously, farmland owners with low-payment commodity base acres, such as oats and barley, switched to higher payment commodities whenever possible.
Notes: Title from cover.

"September 2005"--P. [i].

"Electronic report."

Includes bibliographical references (p. 34-35).

Issued also online.