EXPLORING OPTIONS FOR A NEW FARM BILL

Three farm programs to increase support by $6 billion per year are analyzed. Higher marketing loan (ML), higher AMTA payments, and Modified Supplemental Income (SIP) program are evaluated at the sector and farm levels. At the sector level impacts on supply, demand, and price are modest with acreage shifts of less than two million acres. At the farm level SIP was preferred by cotton farms and higher ML was preferred by farms producing soybeans. Higher AMTA payments were preferred by 3 of 11 farms. Overall, SIP was ranked first or second by 10 of 11 representative farms.


Issue Date:
2001-08
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/15027
PURL Identifier:
http://purl.umn.edu/15027
Published in:
Journal of Agricultural and Applied Economics, 33, 2
Page range:
261-270
Total Pages:
10




 Record created 2017-04-01, last modified 2020-10-28

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