Factors Affecting Acreage Diverted Under the U.S. Feed-Grain Program

Thomas A. Miller and Stanley H. Hargrove

No 323919, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Several factors have significantly influenced the number of acres diverted from production under Government feed-grain programs since 1961. Least-squares regression analyses of historical data suggest that the most important factors affecting the amount of diversion are (1) maximum portion of the feed-grain base farmers are allowed to divert, (2) payment rates for voluntary diversion, and (3) relationship between total support rate and market price. After these three factors have been accounted for, an upward trend in diverted acreage over time is apparent, possibly due to changing attitudes of farmers toward the voluntary program. Statistical models developed also have value as predictive tools, given a continuance of similar types of feed-grain programs.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Land Economics/Use; Livestock Production/Industries; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 46
Date: 1970-11
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:323919

DOI: 10.22004/ag.econ.323919

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