@article{Vermeer:307191,
      recid = {307191},
      author = {Vermeer, James},
      title = {An Economic Appraisal of the 1961 Feed Grain Program},
      address = {1963-06},
      number = {1473-2020-1010},
      series = {Agricultural Economic Report No. 38},
      pages = {43},
      year = {1963},
      abstract = {Excerpts from the report Summary:  Following a 9-year  buildup in feed grain stocks, the 1961 Feed Grain Program  was enacted by Congress to enable farmers to maintain their  incomes while reducing production of corn and grain  sorghums.  The program offered farmers incentive payments  to divert at least 20 percent of their corn and grain  sorghum acreage to conservation uses.  It also offered them  support prices on their normal yield on the  reduced  acreage at a national average price of $1.20 a bushel for  corn and $1.93 a hundredweight for grain sorghum.  About  1,200 farmers in 8 areas were selected for study.  The  sample in each area included about 75 participants in the  1961 Feed Grain Program and 75 nonparticipants selected at  random from the records in the county offices of  Agricultural Stabilization and Conservation Service.  In  personal interviews with these farmers, information was  obtained on size of farms, acreages of cropland and land in  corn and grain sorghum, productivity of the land, personal  characteristics of the operators and their families, and  other factors that were presumed to have some bearing on  participation in the program.},
      url = {http://ageconsearch.umn.edu/record/307191},
      doi = {https://doi.org/10.22004/ag.econ.307191},
}