In Recent Years, Most Expiring Land in the Conservation Reserve Program Returned to Crop Production
Daniel Bigelow and
Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2020, vol. February 2020, issue 01
The Conservation Reserve Program is the largest U.S. land retirement program. Under the CRP, landowners voluntarily retire environmentally sensitive cropland for 10 to 15 years in exchange for an annual rental payment. Once a CRP contract expires, land may be reenrolled. However, since 2008, the acreage enrollment cap has decreased, reducing opportunities for reenrollment—and almost 13 million acres have exited the program.
Keywords: Crop Production/Industries; Environmental Economics and Policy; Land Economics/Use (search for similar items in EconPapers)
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