@article{Sharples:307913,
      recid = {307913},
      author = {Sharples, Jerry A.},
      title = {An Evaluation of U.S. Grain Reserve Policy, 1977-80   },
      address = {1982-03},
      number = {1473-2020-1447},
      series = {Agricultural Economic Report No. 481},
      pages = {49},
      year = {1982},
      abstract = {This report examines the costs and benefits of  the U.S.  grain reserve policy over its first 3 years.  The policy,  instituted in 1977, consisted of the farmer-owned reserve  (FOR), new rules for releasing CCC-owned grain, and an  expanded loan program to help farmers finance construction  of grain storage facilities.  During the years studied, the  policy provided over $1 billion in incentives and payments  to expand the quantity of grain stored in the United  States.  In return, the United States obtained more buffer  stocks, more storage facilities, more Government control of  the Nation's grain, and somewhat higher grain prices as the  reserve accumulated.},
      url = {http://ageconsearch.umn.edu/record/307913},
      doi = {https://doi.org/10.22004/ag.econ.307913},
}