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Southern Farmers Exposure To Income Risk Under The 1996 Farm Bill


  • Knutson, Ronald D.
  • Smith, Edward G.
  • Anderson, David P.


Arguably, since the 1930s, what farmers produced has been markedly influenced by farm programs. The 1996 farm bill affects farmers in terms of what they produce and their level of risk exposure. This paper investigates the farm level impacts of the 1996 farm bill on the South. Focus group perceptions of risk sources, observed acreage changes, and the farm level impact of increased price risk are evaluated.

Suggested Citation

  • Knutson, Ronald D. & Smith, Edward G. & Anderson, David P., 1998. "Southern Farmers Exposure To Income Risk Under The 1996 Farm Bill," Working Papers 24025, Texas A&M University, Agricultural and Food Policy Center.
  • Handle: RePEc:ags:tamfwp:24025
    DOI: 10.22004/ag.econ.24025

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    References listed on IDEAS

    1. Richardson, James W. & Nixon, Clair J., 1982. "Producer'S Preference For A Cotton Farmer Owned Reserve: An Application Of Simulation And Stochastic Dominance," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(1), pages 1-10, July.
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    Cited by:

    1. Elisa Gatto & Guido Signorino, 2014. "Crop-diversity and Cereal Production under the CAP Reform: Evidence from Italy," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(3), pages 35-50.
    2. Nguyen, Nam C. & Wegener, Malcolm K. & Russell, Iean W. & Cameron, Donald & Coventry, David & Cooper, Ian M., 2007. "Risk management strategies by Australian farmers: two case studies," AFBM Journal, Australasian Farm Business Management Network, vol. 4(1-2), pages 1-8.
    3. Escalante, Cesar L. & Barry, Peter J., 2001. "Risk Balancing In An Integrated Farm Risk Management Plan," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(3), pages 1-17, December.
    4. Lien, Gudbrand D., 2002. "Assisting Whole-Farm Decision-Making through Stochastic Budgeting," 13th Congress, Wageningen, The Netherlands, July 7-12, 2002 6950, International Farm Management Association.
    5. Weiss, Christoph R. & Briglauer, Wolfgang, 2000. "Determinants and Dynamics of Farm Diversification," FE Working Papers 0002, Christian-Albrechts-University of Kiel, Department of Food Economics and Consumption Studies.
    6. Elanor Starmer, Aimee Witteman and Timothy A. Wise, "undated". "06-03 "Feeding the Factory Farm: Implicit Subsidies to the Broiler Chicken Industry"," GDAE Working Papers 06-03, GDAE, Tufts University.
    7. Elisa Gatto & Guido Signorino, 2011. "Long-run relationship between crop-biodiversity and cereal production under the CAP reform: evidence from Italian regions," ERSA conference papers ersa11p964, European Regional Science Association.
    8. Robinson, John R.C., 1999. "Risk Management through Alternative Production Practices and Management Strategies: Discussion," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 31(2), pages 287-289, August.
    9. Lien, Gudbrand, 2003. "Assisting whole-farm decision-making through stochastic budgeting," Agricultural Systems, Elsevier, vol. 76(2), pages 399-413, May.
    10. Lien, Gudbrand D., 2002. "Assisting Whole-Farm Decision-Making Through Stochastic Budgeting," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24903, European Association of Agricultural Economists.
    11. Starmer, Elanor & Witteman, Aimee & Wise, Timothy A., 2006. "Feeding the Factory Farm: Implicit Subsidies to the Broiler Chicken Industry," Working Papers 37162, Tufts University, Global Development and Environment Institute.


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