000119772 001__ 119772
000119772 005__ 20170826074318.0
000119772 037__ $$a1372-2016-108984
000119772 041__ $$aen_US
000119772 084__ $$aQ18
000119772 245__ $$aAnalysis of Commodity Program Adjustments for U.S. Rice in Stochastic Framework
000119772 260__ $$c2012
000119772 269__ $$a2012
000119772 270__ $$mechavez@uark.edu$$pChavez,   Eddie C.
000119772 270__ $$mewailes@uark.edu$$pWailes,   Eric J.
000119772 300__ $$a21
000119772 336__ $$aConference Paper/ Presentation
000119772 520__ $$aPotential adjustments in U.S. commodity program for rice are evaluated in this paper using stochastic
analysis in a global modeling framework. Corresponding threshold and loss-compensatory increases
in target price and loan rates are determined with assumed outright and gradual elimination of direct
payments. Results show that if direct payments (DP) are eliminated in 2012, a 23% increase in both
the target price (TP) and loan rate (LR) triggers counter-cyclical payments (CCP) 80% of the time;
and it will take an increase of 48% in TP and LR to generate CCP enough to compensate for the loss
in total DP. If DP is gradually removed over 5 years, the trigger and compensatory increases in TP
and LR are 41% and 46%, respectively. Furthermore, if DP is eliminated outright and TP maintained,
an increase of 71% in LR triggers loan deficiency payments (LDP) 75% of the time; and it will take
an increase of 130% in LR to generate enough LDP to recoup the total loss in DP. Under gradual
removal of DP, the trigger and compensatory increases in LR are 71% and 92%, respectively.
000119772 542__ $$fLicense granted by Alicia Minden (aminden@uark.edu) on 2012-01-17T21:56:23Z (GMT):

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000119772 650__ $$aAgricultural and Food Policy
000119772 650__ $$aCrop Production/Industries
000119772 6531_ $$aU.S. commodity program
000119772 6531_ $$athreshold and loss-compensatory increases
000119772 6531_ $$astochastic analysis
000119772 700__ $$aChavez, Eddie C.
000119772 700__ $$aWailes, Eric J.
000119772 8564_ $$s585570$$uhttp://ageconsearch.umn.edu/record/119772/files/Final%20Paper_SAEA%202012_Commodity%20Prog%20Adj%20for%20US%20Rice%20in%20Stochastic%20Framework%20_chavez%20and%20wailes.pdf
000119772 887__ $$ahttp://purl.umn.edu/119772
000119772 909CO $$ooai:ageconsearch.umn.edu:119772$$qGLOBAL_SET
000119772 912__ $$nSubmitted by Alicia Minden (aminden@uark.edu) on 2012-01-17T22:00:22Z
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000119772 912__ $$nMade available in DSpace on 2012-01-17T22:00:24Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2012
000119772 982__ $$gSouthern Agricultural Economics Association>2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama
000119772 980__ $$a1372