Comparison of the Counter Cyclical Program to a Proposed Counter Cyclical Revenue Program
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The Secretary of Agriculture recently provided Congress with a report entitled “2007 Farm Bill Proposals” prepared by USDA. The report contains a large number of proposed changes to the 2002 Farm Bill, which could directly impact the incomes of crop producers. One such proposal calls for replacing the counter cyclical payment (CCP) program with a counter cyclical revenue (CCR) program.