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Updating Corn Program Payment Yields: Are Farm Operators Differentially Affected?

Author

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  • Thayer, Sharon
  • Zulauf, Carl R.
  • Schnitkey, Gary D.
  • Forster, D. Lynn

Abstract

Crop yields which determine farm income deficiency payments have been frozen at 1981-1985 levels since 1986. Data from a longitudinal survey of Ohio farm operators are analyzed to evaluate whether updating payment yields will differentially affect farm operators. Results of the analysis imply that farm operators who operate larger farms, live in counties with higher yields, and have higher fertilizer and pesticide expenses per acre of corn will benefit more. In addition, low (high) existing payment yields are understated (overstated) relative to updated payment yields.

Suggested Citation

  • Thayer, Sharon & Zulauf, Carl R. & Schnitkey, Gary D. & Forster, D. Lynn, 1994. "Updating Corn Program Payment Yields: Are Farm Operators Differentially Affected?," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(2), pages 1-6, October.
    • Handle: RePEc:ags:arerjl:31451
    DOI: 10.22004/ag.econ.31451
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    References listed on IDEAS

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    1. Nelson, Frederick J., 1989. "Profile Of Farms Benefiting From The 1982 Farm Commodity Programs," Staff Reports 278238, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Dicks, Michael R., 1996. "Regional Adjustment Costs: A Failure Of National Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(1), pages 1-11, July.

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      Agricultural Finance;

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