Planting Flexibility and Land Allocation
Paul Westcott ()
American Journal of Agricultural Economics, 1991, vol. 73, issue 4, 1105-1115
Abstract:
Break-even price relationships between competing crops ate derived to illustrate how planting flexibility alternatives affect planting choices. The primary factor differentiating among flexibility alternatives is whether deficiency payments are linked to planting choices. If they are, target prices, program yields, and, in some cases, acreage reduction programs affect net returns comparisons and crop competition. Deficiency payments may be separated from the planting decision on some land either by removing deficiency payments for the acreage involved or by continuing them regardless of the crop planted. Planting choices then would be based on expected net returns from the marketplace.
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:73:y:1991:i:4:p:1105-1115.
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