Economic Effects of Acreage Control Programs in the 1950's

Raymond P. Christensen and Ronald O. Aines

No 307163, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Excerpt from the report Summary: Despite acreage-control programs designed to retard output expansion and shift cropland to conservation uses, in recent years agricultural production has continued to expand more than market outlets. During the 1950's, surplus production caused prices of farm products to decline about 20 percent more than prices paid by farmers. Carryover stocks of farm products went up greatly. If it had not been for acreage restrictions on crop production, however, price declines and stock accumulations would have been even greater.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Land Economics/Use (search for similar items in EconPapers)
Pages: 53
Date: 1962-10
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307163

DOI: 10.22004/ag.econ.307163

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