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PR - Estimated Government Payments With Average Crop Revenue Election

Author

Listed:
  • Olson, Kent
  • DalSanto, Matt

Abstract

The Average Crop Revenue Election (ACRE) program is a new, optional safety net for farmers provided by Congress in the Food, Conservation, and Energy Act of 2008 (commonly called the farm bill). The ACRE program is available starting with the 2009 crop year as an alternative to receiving countercyclical payments. ACRE is based on changes in crop revenue; counter-cyclical payments (CCP) are based only on changes in crop prices. Direct payments (DPs) and loan deficiency payments (LDPs) will remain in both programs.

Suggested Citation

  • Olson, Kent & DalSanto, Matt, 2009. "PR - Estimated Government Payments With Average Crop Revenue Election," 17th Congress, Illinois State University, USA, July 19-24, 2009 345500, International Farm Management Association.
    • Handle: RePEc:ags:ifma09:345500
    DOI: 10.22004/ag.econ.345500
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