Evaluation of Alternative Base Periods for a National Counter Cyclical Payment Program for Rice, Upland Cotton, Corn, Wheat, Soybeans and Sorghum
Richardson, James W.; Smith, Edward G.; Womack, Abner W.; Houston, Christy M.
2001

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Abstract

A risk analysis of a national counter cyclical payment (CCP) program for six crops was completed for one year. National planted acre yield risk over the 1986-2000 period was used with FAPRI’s stochastic projection of crop prices for 2001 in the analysis. Four alternative base periods for triggering a CCP were evaluated. Three Added AMTA scenarios and a Base scenario of no additional market loss or CCP were also run for each of the crops.

Details

Title Evaluation of Alternative Base Periods for a National Counter Cyclical Payment Program for Rice, Upland Cotton, Corn, Wheat, Soybeans and Sorghum
Author(s) Richardson, James W.
Smith, Edward G.
Womack, Abner W.
Houston, Christy M.
Subject(s)
Issue Date 2001-06
Publication Type Working or Discussion Paper
DOI and Other Identifiers 10.22004/ag.econ.42774
Record Identifier https://ageconsearch.umn.edu/record/42774
PURL Identifier http://purl.umn.edu/42774
Total Pages 36
Series Statement Briefing Paper
01-3
Record Appears in Texas A&M University > Agricultural and Food Policy Center > Briefing Series

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