Hostname: page-component-78c5997874-mlc7c Total loading time: 0 Render date: 2024-11-19T14:24:54.320Z Has data issue: false hasContentIssue false
  • English
  • Français

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
Get access Rights & Permissions [Opens in a new window]

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

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Baumes, Harry and Meyers, W. H.. “The Crops Model: Structural Equations, Definitions and Selected Impact Multipliers” NED Staff Report, ERS, USDA, March 1980.Google Scholar
Burnstein, Harlan. “The Farmer-Owned Reserve Program-A Regional Perspective.” Selected paper presented at the annual meeting of the Southern Agricultural Economics Association, February 1-4, 1981, Atlanta, Georgia.Google Scholar
Hallett, G. The Economics of Agricultural Policy, New York: Augustus Kelly, 1968.Google Scholar
Houck, James P. “Some Economic Aspects of Agricultural Regulation and Stabilization.” Amer. J. Agr. Econ., Vol. 56, No. 5, December 1974.Google Scholar
Lesher, William G. “The Need to Look Beyond PIK: Hard Realities and Tough Choices.” Proceedings for the National Agricultural Policy Symposium, sponsored by the Department of Agricultural Economics, University of Missouri-Columbia, March 27-29, 1983.Google Scholar
United States Congress. Food and Agricultural Act of 1977, Public Law 95-113, 95th Congress, September 29, 1977.Google Scholar
United States Congress. Agriculture and Food Act of 1981, Public Law 97-98, 97th Congress, December 22, 1981.Google Scholar
Wharton Econometrics and University of Missouri-Columbia, Long Term Forecast, Service Center, Philadelphia, Pennsylvania, February 1984.Google Scholar
Womack, Abner W., Johnson, Stanley R. and Meyers, William H.. “The Buffer Stock Program for Grains—How Well Is It Working?” Proceedings for the National Agricultural Policy Symposium, sponsored by the Department of Agricultural Economics, University of Missouri-Columbia, March 27-29, 1983.Google Scholar
Womack, Abner W. “Comments on the Operation of the Current Crop Program.” Hearings before a subcommittee of the Committee on Government Operation-House of Representatives, Ninety-Eighth Congress, U.S. Government Printing Office, Washington, D.C., 24-6970, July 11, 1983.Google Scholar
Yanagida, John and Conway, Roger. “The Annual Livestock Model: Beef, Pork, Poultry and Eggs, and Dairy Secters,” NED Staff Report, ERS, USDA, November 1979.Google Scholar