Edwards, William M.

Choices Vol. 26 no. 4 (Fourth Quarter 2011)

Abstract  In 2009 Iowa farmers had the opportunity to enroll in a new revenue support program called ACRE.  A survey showed that those who did enroll desired more risk protection and believed that payments from ACRE would exceed the value of direct payments forfeited.  Operators who did not enroll said the program was too complex, and they did not want to give up a portion of the direct payments.  Those who enrolled farmed more acres and depended more on crop production for their gross income, and were more likely to use crop insurance and pre-harvest pricing. 

JEL Classification: Q

Keywords: commodity, ACRE, farm program

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