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Rice Backgrounder

Nathan Childs and Janet Livezey

No 404194, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: U.S. rice farming is a high-cost, large-scale production operation that depends on the global market for about half its annual sales. Government payments per acre are high compared with other program crops, as is the share of the sector’s income accounted for by payments. While domestic disappearance of rice continues to increase, the outlook for rice farm incomes is tempered by higher production costs, modest increases in farm prices, and continued strong competition in many international markets from lower cost Asian exporters. Financial and operating characteristics of U.S. rice farms, based on the 2004 Agricultural Resource Management Survey (ARMS), are reported here.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; International Relations/Trade; Land Economics/Use; Marketing; Production Economics; Productivity Analysis; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 44
Date: 2006-12
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:404194

DOI: 10.22004/ag.econ.404194

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