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Farmers' Use of Normal Flex Acres: A Glimpse of the Future

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  • Willott, Brian
  • Adams, Gary
  • Young, Robert

Abstract

Given the new direction of farm policy, farmers in the future will be less constrained in making their planting decisions. This paper shows how farmers respond to market signals in allocating flex acres. By examining the five years of data that exist, researchers will begin to understand how producers may react when planting for the market prices and not for government subsidies. The estimated elasticities are much higher than those found in other studies.

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Handle: RePEc:ags:nc8191:285659
DOI: 10.22004/ag.econ.285659
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