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Issues in Agricultural Commodity Policy

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  • Herlihy, Michael T.
  • Young, C. Edwin

Abstract

Debate for the 1995 farm legislation ranged from minor reform of existing programs to fundamental reform of U.S. agricultural policy. This report discusses some issues addressed, including who benefits from commodity programs, whether the benefits are capitalized into land values, the costs of agricultural programs, how well programs have worked, who bears the risk in the agricultural sector, and whether alternative programs might work to meet farmers' needs.

Suggested Citation

  • Herlihy, Michael T. & Young, C. Edwin, 1996. "Issues in Agricultural Commodity Policy," Staff Reports 278808, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278808
    DOI: 10.22004/ag.econ.278808
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    File URL: https://ageconsearch.umn.edu/record/278808/files/ers-report-669.pdf
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    References listed on IDEAS

    as
    1. Philip C. Abbott & Philip L. Paarlberg & Jerry A. Sharples, 1987. "Targeted Agricultural Export Subsidies and Social Welfare," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(4), pages 723-732.
    2. Bruce Gardner, 1996. "The Political Economy of U.S. Export Subsidies for Wheat," NBER Chapters, in: The Political Economy of American Trade Policy, pages 291-334, National Bureau of Economic Research, Inc.
    3. Haley, Stephen L., 1995. "U.S. Imports Of Canadian Wheat: Estimating The Effect Of The U.S. Export Enhancement Program," Working Papers 51218, International Agricultural Trade Research Consortium.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. William Lin & Robert Dismukes, 2007. "Supply Response under Risk: Implications for Counter-Cyclical Payments' Production Impact," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(1), pages 64-86.
    2. Kathryn Brasier, 2002. "Ideology and discourse: Characterizations of the 1996 Farm Bill by agricultural interest groups," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 19(3), pages 239-253, September.

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