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The Economic Impact of CRP Acres in South Dakota Returning to Crop Production

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Author Info

  • Taylor, Gary

    ()

  • Janssen, Larry

    ()
    (Department of Economics, South Dakota State University)

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    Abstract

    In 2007 South Dakota had 729,397 acres of CRP contracts expire, which was nearly 47% of the 1.56 million acres enrolled in the program. During this period, there was no new farm bill or new CRP policy provisions. Just as enrolling these acres into the program had significant negative impacts on revenue generation in the farm and rural economy in South Dakota, putting these acres back into production will also have significant positive impacts on the economy of the state. The objective of this study is to estimate the economic impacts that could occur as some of these CRP acres are converted back to production for three different regions within the state. The effect of converting some of the CRP land to grazing is not examined in this analysis. Only the effects of converting CRP land to crop production is analyzed here.

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    File URL: http://ageconsearch.umn.edu/bitstream/56763/2/StaffPaper2008-4--AgEcSearch.pdf
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    Bibliographic Info

    Paper provided by South Dakota State University, Department of Economics in its series Staff Papers with number 080004.

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    Length: 15 pages
    Date of creation: Sep 2008
    Date of revision:
    Handle: RePEc:sda:staffp:080004

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    Postal: Box 504, Scobey Hall, Brookings, SD 57007-0895
    Phone: 605-688-4141
    Fax: 605-688-6386
    Web page: http://www.sdstate.edu/econ/
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    Related research

    Keywords: farm legislation; CRP; conservation reserve program; land use; farm bill;

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    1. Janssen, Larry & Klein, Nicole & Taylor, Gary & Opoku, Emmanuel & Holbeck, Michael, 2008. "Conservation Reserve Program in South Dakota: Major Findings from 2007 Survey of South Dakota CRP Respondents," Research Reports 200801, South Dakota State University, Department of Economics.
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    Cited by:
    1. Gruère, Guillaume & Narrod, Clare & Abbott, Linda, 2011. "Agricultural, food, and water nanotechnologies for the poor: Opportunities, constraints, and role of the Consultative Group on International Agricultural Research," IFPRI discussion papers 1064, International Food Policy Research Institute (IFPRI).

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