An Economic Analysis of U.S. Farm Programs Including Senate and House Farm Bills on Representative Farms

An Economic Analysis of U.S. Farm Programs Including Senate and House Farm Bills on Representative Farms PDF Author: George Michael Knapek
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

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Book Description
Agricultural policy continues to play a large role in risk reduction for agricultural producers in the United States. However, current budget deficits and growing national debt has many policy makers looking for ways to change the farm safety net. The interactions of current and new policy tools including crop insurance and representative farms were examined in a simulation model for four representative farms. Various outcomes were examined with attention primarily focused on (1) magnitude and frequency of farm program payments, (2) government costs and farmer return on insurance premiums paid, (3) coefficient of variation of farm revenue and probability of negative ending cash, and (4) Stochastic Efficiency with Respect to a Function (SERF) analysis. Results indicated that Supplemental Coverage Option (SCO) and Stacked Income Protection Plan (STAX) programs provide high farmer returns and positive mean payments. However, SCO, STAX, and crop insurance provided lower levels of protection when both the base and harvest price decline by the same amount. Overall, the House farm bill was preferred by all four farms for every scenario. Additionally, the results for Alternative 4, which examined different insurance coverage levels, showed that it was possible for a representative farm to lower its insurance coverage and improve its financial position. The results indicate how farm programs cover various types of potential losses faced by producer which makes the results meaningful to both producers and policy makers alike. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/149555

An Economic Analysis of U.S. Farm Programs Including Senate and House Farm Bills on Representative Farms

An Economic Analysis of U.S. Farm Programs Including Senate and House Farm Bills on Representative Farms PDF Author: George Michael Knapek
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

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Book Description
Agricultural policy continues to play a large role in risk reduction for agricultural producers in the United States. However, current budget deficits and growing national debt has many policy makers looking for ways to change the farm safety net. The interactions of current and new policy tools including crop insurance and representative farms were examined in a simulation model for four representative farms. Various outcomes were examined with attention primarily focused on (1) magnitude and frequency of farm program payments, (2) government costs and farmer return on insurance premiums paid, (3) coefficient of variation of farm revenue and probability of negative ending cash, and (4) Stochastic Efficiency with Respect to a Function (SERF) analysis. Results indicated that Supplemental Coverage Option (SCO) and Stacked Income Protection Plan (STAX) programs provide high farmer returns and positive mean payments. However, SCO, STAX, and crop insurance provided lower levels of protection when both the base and harvest price decline by the same amount. Overall, the House farm bill was preferred by all four farms for every scenario. Additionally, the results for Alternative 4, which examined different insurance coverage levels, showed that it was possible for a representative farm to lower its insurance coverage and improve its financial position. The results indicate how farm programs cover various types of potential losses faced by producer which makes the results meaningful to both producers and policy makers alike. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/149555

Farm programs : information on recipients of federal payments : report to the Chairman, Committee on Agriculture, Nutrition, and Forestry, U.S. Senate

Farm programs : information on recipients of federal payments : report to the Chairman, Committee on Agriculture, Nutrition, and Forestry, U.S. Senate PDF Author:
Publisher: DIANE Publishing
ISBN: 1428947477
Category :
Languages : en
Pages : 42

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Book Description


Economic Analysis of the U.S. House of Representative[s] Farm Bill and Senate Agriculture Committee Farm Bill Proposal

Economic Analysis of the U.S. House of Representative[s] Farm Bill and Senate Agriculture Committee Farm Bill Proposal PDF Author: Richard David Taylor
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 7

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Book Description


Farm Programs

Farm Programs PDF Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 190

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Book Description


The Fault Lines of Farm Policy

The Fault Lines of Farm Policy PDF Author: Jonathan Coppess
Publisher: University of Nebraska Press
ISBN: 149620512X
Category : Political Science
Languages : en
Pages : 503

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Book Description
At the intersection of the growing national conversation about our food system and the long-running debate about our government’s role in society is the complex farm bill. American farm policy, built on a political coalition of related interests with competing and conflicting demands, has proven incredibly resilient despite development and growth. In The Fault Lines of Farm Policy Jonathan Coppess analyzes the legislative and political history of the farm bill, including the evolution of congressional politics for farm policy. Disputes among the South, the Great Plains, and the Midwest form the primordial fault line that has defined the debate throughout farm policy’s history. Because these regions formed the original farm coalition and have played the predominant roles throughout, this study concentrates on the three major commodities produced in these regions: cotton, wheat, and corn. Coppess examines policy development by the political and congressional interests representing these commodities, including basic drivers such as coalition building, external and internal pressures on the coalition and its fault lines, and the impact of commodity prices. This exploration of the political fault lines provides perspectives for future policy discussions and more effective policy outcomes.

The Farm Bill

The Farm Bill PDF Author: Daniel Imhoff
Publisher:
ISBN: 9781642830309
Category : Environmental law
Languages : en
Pages : 258

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Book Description
"Daniel Imhoffs recently-published The Farm Bill: A Citizens Guide [is] a welcome and much-needed source for translating farm bill legalese ... [it is] a thorough and navigable history of the farm bill ... [that] hands readers the tools to take action." Foodprint "Dan Imhoff does an extraordinary job of explaining an impenetrable bill with such clarity that we can't ignore the facts: that our current Farm Bill profoundly damages our organic farms, our environment, and our health. Just as extraordinary are the practical solutions Imhoff proposes for fixing the bill--humane policies that would support regenerative agriculture and our local farmers instead of tearing them down." Alice Waters, Executive Chef, Founder, and Owner, Chez Panisse "Cuts to the core of dozens of issues Congress wrestles with every four years, and gives citizens sage advice for making their voices heard in a debate too often dominated by Big Ag, Big Food, and Big Money." Ken Cook, President and Cofounder, Environmental Working Group "A must-read for those who truly care about how they feed themselves and their families." Michel Nischan, Founder and CEO, Wholesome Wave "Readers will gain deep insight into the big barriers to Farm Bill reform, but also into the ripening opportunities for major change. Imhoff makes a strong case for why we should care and what it will take to transform policy." Ferd Hoefner, Strategic Senior Advisor, National Sustainable Agriculture Coalition "Dan Imhoff is the go-to person if you want to know both details and the full sweep of the Farm Bill." Wes Jackson, President Emeritus, The Land Institute.

Review of Federal Farm Policy

Review of Federal Farm Policy PDF Author: United States. Congress. House. Committee on Agriculture
Publisher:
ISBN:
Category : Agriculture and state
Languages : en
Pages : 1090

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Book Description


Farm-level Economic Impacts of the House of Representatives Farm Bill Proposal, H.R. 2646, and the Senate Farm Bill Proposal, S. 1731, for Representative Rice Farms

Farm-level Economic Impacts of the House of Representatives Farm Bill Proposal, H.R. 2646, and the Senate Farm Bill Proposal, S. 1731, for Representative Rice Farms PDF Author: Christy Michelle Houston
Publisher:
ISBN:
Category :
Languages : en
Pages : 210

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Economic Analysis of the U.S. House of Representative Farm Bill, and Senate Agriculture Committee Farm Bill Proposal, and the Agricultural Conservation Rural Enhancement Act of 2001

Economic Analysis of the U.S. House of Representative Farm Bill, and Senate Agriculture Committee Farm Bill Proposal, and the Agricultural Conservation Rural Enhancement Act of 2001 PDF Author: Richard D. Taylor
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 7

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Book Description


The High Cost of Farm Welfare

The High Cost of Farm Welfare PDF Author: Clifton B. Luttrell
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
Few people have been helped by the massive farm subsidy programs that have developed over the past 5 years, charges agricultural economist Clifton B. Luttrell; the programs have been a colossal waste of money. In this book Luttrell traces the history of government intervention in the agricultural sector from the early price support schemes to the massive expansion of farm programs during the New Deal and the postwar period, then provides a comprehensive analysis of modern programs. He contends that such programs "tax the poor to enrich the wealthy." Luttrell concludes that dismantling the farm programs would provide major savings for American consumers and taxpayers, increase the economic viability of the nation's farming sector, and reduce the federal budget decicit by as much as $25 billion. His provocative arguments are sure to become required reading on U.S. farm policy.