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Analyzing Crop Revenue Safety Net Program Alternatives and Impacts on Producers and Program Costs

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  • Jansen, Jim A.
  • Lubben, Bradley D.
  • Stockton, Matthew C.

Abstract

This study evaluates the policy effects of alternative program designs for federal revenue-based farm income safety net programs. Eight representative farms across Nebraska are used to stochastically simulate the financial impact of changing the current farm crop revenue-based safety net with a state revenue trigger against potential alternative programs involving guarantees at the district, county, or farm level. Results indicate that decreasing the aggregation of the revenue guarantee increases expected farm-level payments and program costs for the revenue-based safety net.

Suggested Citation

  • Jansen, Jim A. & Lubben, Bradley D. & Stockton, Matthew C., 2012. "Analyzing Crop Revenue Safety Net Program Alternatives and Impacts on Producers and Program Costs," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119784, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea12:119784
    DOI: 10.22004/ag.econ.119784
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    References listed on IDEAS

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    1. Arriola, Christine & Dismukes, Robert & Coble, Keith H. & Ubilava, David & Cooper, Joseph C., 2011. "Alternatives to a State-Based ACRE Program: Expected Payments Under a National, Crop District, or County Base," Economic Research Report 262235, United States Department of Agriculture, Economic Research Service.
    2. Cooper, Joseph C., 2009. "Economic Aspects of Revenue-Based Commodity Support," Economic Research Report 55838, United States Department of Agriculture, Economic Research Service.
    3. Lubben, Bradley & Jansen, Jim A. & Stockton, Matthew C., 2011. "Changing Farm Policies for Changing Times," Cornhusker Economics 306731, University of Nebraska-Lincoln, Department of Agricultural Economics.
    4. Dismukes, Robert & Arriola, Christine & Coble, Keith H., 2010. "ACRE Program Payments and Risk Reduction: An Analysis Based on Simulations of Crop Revenue Variability," Economic Research Report 262248, United States Department of Agriculture, Economic Research Service.
    5. Mario J. Miranda, 1991. "Area-Yield Crop Insurance Reconsidered," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 233-242.
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    Cited by:

    1. Lubben, Bradley & Stockton, Matthew & Protopop, Iuliia & Jansen, Jim, 2013. "Analyzing Federal Farm Program and Crop Insurance Options to Assess Policy Design and Risk Management Implications for Crop Producers," 2013 AAEA: Crop Insurance and the Farm Bill Symposium 157827, Agricultural and Applied Economics Association.
    2. Purnamasari, Ririn S., 2007. "Deforestation in Indonesia: A Household Level Analysis of the Role of Forest Dependence and Poverty," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand 10353, Australian Agricultural and Resource Economics Society.
    3. Tripp, Amanda S. & Henderson, Kathryn E. & Andreyeva, Tatiana, 2012. "Grocery Purchases of WIC and SNAP Recipients: Quantifying the Effect of a Prescriptive Program Design," 2012 AAEA/EAAE Food Environment Symposium 123514, Agricultural and Applied Economics Association.

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    Keywords

    Agricultural and Food Policy; Farm Management; Risk and Uncertainty;
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