THE ECONOMICS OF THE BASE AND YIELD UPDATE DECISION

Dean McCorkle (), Joe Outlaw, George M. Knapek, Steven Klose and Sartwelle, James D.,

No 35235, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: The 2002 Farm Bill provided the one time opportunity to update base acres and counter-cyclical payment yields to more closely reflect their current crops, rotations and yield levels. This paper discusses the available options and provides case study examples to illustrate the complexity of this decision.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 19
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35235

DOI: 10.22004/ag.econ.35235

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