ESTIMATING THE VALUE OF THE 0/92 REDUCED PLANTING ALTERNATIVES OF THE 1985 FARM BILL FOR FARM PROGRAM PATICIPANTS

dc.creatorThompson, Troy N.
dc.creatorKnight, Thomas O.
dc.creatorBoren, Billy D.
dc.date2017-04-01T14:07:53Z
dc.date.accessioned2026-07-09T04:07:29Z
dc.descriptionThe 50/92 and 0/92 reduced planting alternatives of the 1985 farm bill allow farm program participants more flexibility in making production decisions. Specifically, these provisions relax the incentive to produce inherent in earlier commodity programs that linked deficiency payments directly to harvested acreage. This study examined the value of this additional decision flexibility for crop producers in the Blacklands of Central Texas. The results suggest that the reduced planting alternatives would not be used by, and have no value for risk neutral producers, but have substantial value for risk averse producers who would reduce planted acreage in years when yield expectations are low.
dc.identifierdoi:10.22004/ag.econ.30010
dc.identifierhttps://ageconsearch.umn.edu/record/30010/files/22020087.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/30010
dc.identifier.urihttp://hdl.handle.net/123456789/545180
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/30010
dc.titleESTIMATING THE VALUE OF THE 0/92 REDUCED PLANTING ALTERNATIVES OF THE 1985 FARM BILL FOR FARM PROGRAM PATICIPANTS
dc.typeText

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