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Abstract

The objective of this study is to evaluate the farm level impacts of the change in policy that occurred in 1996 with the passage of the FAIR Act. This is done by estimating the impact to farmers’ income if the 1990 Farm Bill provisions had been extended as opposed to enacting FAIR in 1996. In another sense, the study provides insight into the question of whether farmers would have been financially better off over the period 1996-2002 with FAIR or the 1990 Farm Bill.

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