Impact of a 10 Percent Decrease in Planted Acreage of All U.S. Program Crops
In response to a request from Senator Tom Harkin, the Food and Agricultural Policy Research Institute (FAPRI) evaluated the effects of a uniform 10 percent reduction in program crop acreage in the United States. Specifically, FAPRI analyzed the effects on price, trade, consumption, and production in the eight program-crop markets and all related markets. FAPRI also investigated both the domestic and international implications of this reduction in U.S. planted area. In particular, FAPRI analyzed whether a decrease in U.S. production would be accommodated by a decrease in domestic use and inventories and corresponding changes in foreign production, use, and inventories.
|Date of creation:||May 2001|
|Date of revision:|
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Web page: http://www.fapri.iastate.edu/
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