Get Agricultural Policy for the 21st Century PDF

By Luther G. Tweeten, Stanley R. Thompson

ISBN-10: 0470390344

ISBN-13: 9780470390344

ISBN-10: 0813808995

ISBN-13: 9780813808994

Agricultural coverage reform has turn into a truly scorching subject. Over the following couple of years we'll see the investment for those courses being hotly debated. The thesis of this ebook is better-informed public is vital to convey rationality to farm coverage. This ebook presents telling facts that markets paintings, that powerfuble advertisement farmers will earn returns on their assets as excessive as these earned in other places within the absence of source of revenue move to farmers.

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Impacts of Unilateral Liberalization of Farm Programs. Paper presented at annual meeting of the SouthernAgricultural Economics Association in Forth Worth, Texas, January, 200 1. Columbus: Department of Agricultural, Environmental, and Development Economics, Ohio State University, 200 1. , and C. Flora. Task Force Report No. 137. Ames, IA: Council for Agricultural Science and Technology, 2001. , and C. Zulauf. , Research in Domestic and International Agribusiness Management, Vol. 11,213-32. , 1995.

Midsized farms with sales of $100,000 to $250,000, accounting for 8 percent of farms and 16 percent of crop and livestock sales in 1998,are especially vulnerable financially to termination of commodity programs. One reason is because households on such farms in 1998 received over half of their net farm income from government payments. The farms are only marginally profitable and efficient. They were helped by off-farm income of $28,717 per household in 1998. S. S. households. 3 percent were rated as financially vulnerable in 1998, many of these households would suffer financially with termination of farm commodity programs.

Using mandatory farm-size restrictions rather than payments to save family farms also will not work as laborsaving technology advances. Advancing laborsaving technology with a regulated fixed farm size will forgo some benefits to producers and society of size economies, but still will free labor for off-farm work. S. farmers would be driven even more to be “weekend warriors,” working off-farm all week while doing their farm work on weekends with laborsaving technology-a phenomenon especially prominent in Japan, which does not have a functioning farmland market.

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Agricultural Policy for the 21st Century by Luther G. Tweeten, Stanley R. Thompson


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