IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v66y1984i1p1-11..html
   My bibliography  Save this article

An Analysis of the Farmer-Owned Reserve Program, 1977–82

Author

Listed:
  • Larry Salathe
  • J. Michael Price
  • David E. Banker

Abstract

An econometric model of the U.S. agricultural sector is utilized to examine the effects of the Farmer-Owned Reserve Program on crop and livestock production and prices, farm income, crop carry-over levels, and government outlays. The program has had a positive impact on commodity prices and farm income but has not significantly reduced the annual variation in commodity prices. It also increased government outlays for agricultural commodity programs, but all of the increase is potentially recoverable. The continued use of the FORP to enhance commodity prices likely will lead to excessive government outlays in the long run.

Suggested Citation

  • Larry Salathe & J. Michael Price & David E. Banker, 1984. "An Analysis of the Farmer-Owned Reserve Program, 1977–82," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(1), pages 1-11.
  • Handle: RePEc:oup:ajagec:v:66:y:1984:i:1:p:1-11.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1240610
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lin, William & Glauber, Joseph & Hoffman, Linwood & Collins, Keith & Evans, Sam, 1985. "The Farmer-Owned Reserve Release Mechanism And State Grain Prices," Staff Reports 277799, United States Department of Agriculture, Economic Research Service.
    2. Gavett, Earle E. & Grinnell, Gerald E. & Smith, Nancy L., 1986. "Fuel Ethanol and Agriculture: An Economic Assessment," Agricultural Economic Reports 308014, United States Department of Agriculture, Economic Research Service.
    3. Hoffman, Linwood & Glauber, Joseph, 1987. "Effects Of Public Stock.Holding Programs Upon Grain Stock Enhancement," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269981, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Langley, James A. & Price, J. Michael, 1985. "Implications of Alternative Moving Average Loan Rates," Agricultural Economic Reports 307994, United States Department of Agriculture, Economic Research Service.
    5. Lin, William & Glauber, Joseph & Hoffman, Linwood, 1985. "Short-Run Effects Of The Farmer-Owned Reserve Program On Grain Price Enhancement And Stabilization," 1985 Annual Meeting, August 4-7, Ames, Iowa 278653, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:66:y:1984:i:1:p:1-11.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.