The Impact of the National Counter-Cyclical Income Support Program for Dairy Producers on Representative Dairy Farms
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This report contains the results of an analysis of the National Counter-Cyclical Income Support Program for Dairy Producers on the Agricultural and Food Policy Center’s (AFPC) representative dairy farms. The impact of the proposal on the representative farms is evaluated in terms of the change in average annual cash receipts and the change in the average annual net cash farm income. The role and potential importance of payment limits on these farms are discussed.
All milk prices by state and program benefits under the payment limit binding and nonbinding scenarios were developed by FAPRI and were applied to the representative dairies. For more information on those results see the FAPRI analysis of this program.