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Can Farmers Survive The Federal Farm Security Act?' Item Info

Title:
Can Farmers Survive The Federal Farm Security Act?'
Creator:
Michalson, Edgar L.
Date Created (ISO Standard):
1994-02
Description:
The title raises an interesting question that has several ramifications. First, how many farmers can afford to leave the farm program given the current unstable level of commodity prices? In the 1990 Food Security Act (FSA) all the economic benefits of the federal farm program are linked to conservation compliance. It seems more realistic to approach the topic of FSA survival by looking at the costs and benefits of participation. To do this the short-run and long-run economic impacts both on and off the farm have to be evaluated. FSA attempts to reduce the economic and environmental impacts of erosion by requiring farmers to use approved conservation practices on highly erodible lands. The way chosen to do this is to tie the farm program benefits to the use of a Soil Conservation Service approved conservation plan. The carrot used to make the pill easier to swallow is continuation of farm program benefits. The stick or penalty is the loss of all farm program benefits.
Subjects:
Agricultural policy cost benefit panel data land management
AgEcon Search Subjects:
Agricultural and Food Policy Demand and Price Analysis Research Methods/ Statistical Methods Land Economics/Use
Series:
Agricultural Economic Research Series
Source Identifier:
aers94-02
Type:
text
Format:
application/pdf
Contributing Departments:
Department of Agricultural Economics

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Source
Preferred Citation:
"Can Farmers Survive The Federal Farm Security Act?'", Agricultural Economics Research Series, University of Idaho Library Digital Collections, https://www.lib.uidaho.edu/digital/aers/items/aers296.html
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