Showing 1 - 6 of 6
The first 50 years of the Federal crop insurance program were marked by low enrollment levels. To boost program participation, legislation in 1994 and 2000 increased premium subsidies. In the years since, the jump in enrollment coupled with high commodity prices caused significant increases in...
Persistent link: https://www.econbiz.de/10010920056
We study how increases in wealth from rapid appreciation of farmland influenced farmer decisions to borrow, buy land, and expand. Exploiting periods of high and low appreciation and a panel data model that allows for correlation between prior growth trends and the share of land owned, we find...
Persistent link: https://www.econbiz.de/10011268008
In the last 25 years, U.S. crop farms have steadily declined in number and grown in average size, as production has shifted to larger operations. Larger farms tend to receive more commodity program payments because most payments are tied to a farm’s current or historical production, but...
Persistent link: https://www.econbiz.de/10008546873
We examine the persistence of cropland retirements induced by the Conservation Reserve Program (CRP), the largest U.S. conservation program. We analyze micro data on observed land-use choices following CRP contract expiration over 1995–1997 and predict that 42% of CRP acres would not have been...
Persistent link: https://www.econbiz.de/10005368828
This report examines evidence on the relationship between agricultural land-use changes, soil productivity, and indicators of environmental sensitivity. If cropland that shifts in and out of production is less productive and more environmentally sensitive than other cropland, policy-induced...
Persistent link: https://www.econbiz.de/10005321046
Early-warning systems for plant diseases are valuable when the systems provide timely forecasts that farmers can use to inform their pest management decisions. To evaluate the value of the systems, this study examines, as a case study, USDA’s coordinated framework for soybean rust...
Persistent link: https://www.econbiz.de/10005038746