Economic Comparison of Commodity and Conservation Program Benefits: An Example from the Mississippi Delta

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dc.creatorAnderson, John D.
dc.creatorParkhurst, Gregory M.
dc.date2017-04-01T20:13:09Z
dc.date.accessioned2026-07-09T04:32:36Z
dc.descriptionChanges to commodity programs in the 2002 Farm Bill increased the value of crop base acreages on which decoupled payments are received. The bill also expanded the availability of key conservation programs. This paper compares the value of payments from commodity programs (along with continued crop production) to the easement payment (and recreational lease revenue) available under the Wetland Reserve Program. A net present value model using risk-adjusted returns is employed in the analysis for Mississippi delta cropland containing rice, cotton, and soybean base. Sensitivity analysis is conducted on some of the key variables affecting the decision.
dc.identifierdoi:10.22004/ag.econ.43390
dc.identifierhttps://ageconsearch.umn.edu/record/43390/files/Anderson%20JAAE%20August%202004.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/43390
dc.identifier.urihttp://hdl.handle.net/123456789/551431
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/43390
dc.titleEconomic Comparison of Commodity and Conservation Program Benefits: An Example from the Mississippi Delta
dc.typeText

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