Evaluation of Alternative Base Periods for a National Counter Cyclical Payment Program for Rice, Upland Cotton, Corn, Wheat, Soybeans and Sorghum

James Richardson (), Edward G. Smith, Abner W. Womack and Christy M. Houston

No 42774, Briefing Series from Texas A&M University, Agricultural and Food Policy Center

Abstract: A risk analysis of a national counter cyclical payment (CCP) program for six crops was completed for one year. National planted acre yield risk over the 1986-2000 period was used with FAPRI’s stochastic projection of crop prices for 2001 in the analysis. Four alternative base periods for triggering a CCP were evaluated. Three Added AMTA scenarios and a Base scenario of no additional market loss or CCP were also run for each of the crops.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 36
Date: 2001-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:tamfbs:42774

DOI: 10.22004/ag.econ.42774

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