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Graduated Target Prices By Size Of Farm Operation

Author

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  • Groenewegen, John R.
  • Johnson, James

Abstract

A characteristic common to all agricultural commodity programs since their inception in the 1920's has been the provision of benefits based on volume of production. It has long been alleged that such programs provide relatively greater assistance to large producers. The increasing concentration of production among a small number of large producers has renewed this concern over the structure of commodity programs. This paper examines a fundamental change in the programs -- benefits inversely provided to volume of production -- through variable target schemes and payment limitations. The structure of such a program is discussed, with particular emphasis on the important issues that emerge with this target price scheme.

Suggested Citation

  • Groenewegen, John R. & Johnson, James, 1980. "Graduated Target Prices By Size Of Farm Operation," Staff Reports 276690, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:276690
    DOI: 10.22004/ag.econ.276690
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    File URL: https://ageconsearch.umn.edu/record/276690/files/ers-report-006.pdf
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    References listed on IDEAS

    as
    1. Penn, J.B. & Boehm, William T., 1978. "Research Issues Reemphasized By 1977 Food Policy Legislation," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 30(1), pages 1-14, January.
    2. Boehm, William T. & Penn, J.B., 1978. "Research Issues Reemphasized by 1977 Food Policy Legislation," Economics Statistics and Cooperative Services (ESCS) Reports 142841, United States Department of Agriculture, Economic Research Service.
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    1. Meekhof, Ronald L. & Penn, J.B. & Johnson, James & Miller, Thomas A., 1980. "Agricultural-Food Policy Review," Economics Statistics and Cooperative Services (ESCS) Reports 279723, United States Department of Agriculture, Economic Research Service.

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