BASE REVENUE PROTECTION AND REVENUE COUNTERCYCLICAL PROGRAMS FOR SPRING WHEAT IN NORTH DAKOTA

Dwight G. Aakre, Ronald H. Haugen and Andrew L. Swenson

No 7300, Staff Papers from North Dakota State University, Department of Agribusiness and Applied Economics

Abstract: The National Corn Growers Association Public Policy Team’s Base Revenue Projection Program (BRP) and the Revenue Countercyclical Program (RCCP) were analyzed. The analysis was done for spring wheat using the BRP-RCCP calculator, as developed by the National Corn Growers Association. Three representative counties (Hettinger, Ward and Cavalier) were chosen in North Dakota. Historic and projected data were used to analyze 2002 to 2010 crop years. A comparison of the BRP-RCCP programs to the current farm program was done. From 2002 to 2005, Ward County would have received nearly identical payments under the BRP-RCCP program and the current farm program. The Hettinger County farm would have received considerably more under the BRP-RCCP program - $76.87 per acre, compared with $38.99 under the existing farm program. This amounts to $9.22 per acre per year. For the Cavalier County farm, the advantage to the BRP-RCCP program was only $7.56 per acre for the four-year period.

Keywords: Agricultural Finance; Crop Production/Industries (search for similar items in EconPapers)
Pages: 16
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nddsps:7300

DOI: 10.22004/ag.econ.7300

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