PROFILE OF FARMS BENEFITING FROM THE 1982 FARM COMMODITY PROGRAMS

Frederick J. Nelson

No 278238, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: Participants in the 1982 commodity support programs for wheat, feed grains, cotton, and rice (the program commodities) received only 38 percent of the benefits of these programs in 1982. Most of the program benefits went to nonparticipants, because all producers of program commodities shared in the $15.1-billion income increase arising from program-induced market price increases. The participants' benefit per farm was more than double that of nonparticipants, however. About 78 percent of benefits from the programs went to the 27 percent of all farms that were in the $40,000 to $499,999 sales class. This report, based mainly on 1982 Census of Agriculture data, looks at the 1982 and 1986 commodity programs, and the characteristics of program beneficiaries.

Keywords: Agricultural and Food Policy; Agricultural Finance (search for similar items in EconPapers)
Pages: 71
Date: 1989-09
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:278238

DOI: 10.22004/ag.econ.278238

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