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The United States Congress is currently devising the next farm bill. One of the many factors influencing the debate is the effect of trade agreements into which the United States has entered. Under the World Trade Organization's Agreement on Agriculture, government spending on trade-distorting...
Persistent link: https://www.econbiz.de/10005249010
Since 1986 the federal crop insurance program has changed in several ways: the number of covered crops has increased dramatically; the number of insured acres and amount of total premiums have risen; and new styles of crop insurance policies have been introduced. Each change has had a...
Persistent link: https://www.econbiz.de/10005612581
In 1996, two new crop insurance products--Crop Revenue Coverage and Income Protection--were introduced to insure against losses in revenue, as opposed to the traditional multiple-peril crop insurance that insures against crop yield losses. Using yield and price difference distributions in 1,000...
Persistent link: https://www.econbiz.de/10005612592
With the pending debate on the 1995 Farm Bill, crop insurance and disaster assistance have become major topics for discussion. This paper explores the performance of the current MPCI program and presents alternative programs. The need for a unified approach to ease the problem of agricultural...
Persistent link: https://www.econbiz.de/10005612608
This paper provides a critical overview of the most striking problems in the 1994 version of the U.S. crops model. No model is ever perfect; however, as agricultural policies change and more data become available, the model can be improved. As we enter the 1995 Farm Bill debate, it becomes...
Persistent link: https://www.econbiz.de/10005786229
Since the convening of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT), agricultural trade policies have been a prime issue of these negotiations. The European Union (EU) Agricultural Commission responded to the pressures of such focus on agricultural policies as well as...
Persistent link: https://www.econbiz.de/10005786404
The FAPRI modeling system used for the analysis provides information about the impact of the European Union's (EU) proposed "Agenda 2000" Common Agricultural Policy (CAP) reforms on U.S. crops and livestock sectors, international trade balance, world prices, and on commodity supply and use in...
Persistent link: https://www.econbiz.de/10005786478
The strongest justification for government involvement in agricultural commodity markets is the instability in U.S. food and agricultural markets that affects both consumers and producers through food supply and price volatility (Tweetin 1993). This instability comes from many sources, including...
Persistent link: https://www.econbiz.de/10005272842
As another Farm Bill approaches in 1995, agricultural, conservation, and environmental groups will again negotiate domestic agricultural policies. From past meetings have come such compromise solutions as the Conservation Reserve Program (CRP) and conservation compliance. The upcoming Farm Bill...
Persistent link: https://www.econbiz.de/10005272859
The US ethanol industry faces numerous challenges over the next two years. The 2012 drought sharply increased corn prices, so profit margins will be low until least the 2013 corn crops are harvested. A saturated ethanol market means that ethanol mandates that are scheduled to be implemented in...
Persistent link: https://www.econbiz.de/10010896827