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An Evaluation of the 1981 Farm Program For Crops: Implications for the 1985 Farm Bill

Published online by Cambridge University Press:  28 April 2015

Abner W. Womack ,
Stanley R. Johnson ,
William H. Meyers  and
Robert Young II
Abner W. Womack
Affiliation:
Department of Agricultural Economics, University of Missouri
Stanley R. Johnson
Affiliation:
University of Missouri
William H. Meyers
Affiliation:
Iowa State University
Robert Young II
Affiliation:
Department of Agricultural Economics, University of Missouri
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Extract

The cornerstone of the 1977 and 1981 Farm Bills for crops is a buffer stock-supply management program involving the farmer-owned reserve and acreage adjustment instruments. Among the several reasons normally cited for adopting this type program is price and income stability. However, recent swings in commodity prices, net farm income and government program costs have stimulated widespread interest in farm program redesign and modification in 1985.

Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 16 , Issue 1 , July 1984 , pp. 27 - 38
Copyright
Copyright © Southern Agricultural Economics Association 1984

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References

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