Why Was Acre a No-Go with Iowa Farmers?
Abstract In 2009 Iowa farmers had the opportunity to enroll in a new revenue support program called ACRE. A survey showed that those who did enroll desired more risk protection and believed that payments from ACRE would exceed the value of direct payments forfeited. Operators who did not enroll said the program was too complex, and they did not want to give up a portion of the direct payments. Those who enrolled farmed more acres and depended more on crop production for their gross income, and were more likely to use crop insurance and pre-harvest pricing.
|Date of creation:||17 Dec 2011|
|Date of revision:|
|Publication status:||Published in Choices, Fourth Quarter 2011, vol. 26 no. 4|
|Contact details of provider:|| Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070|
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Web page: http://www.econ.iastate.edu
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