The objective of this study is to evaluate the farm level impacts of the change in policy that occurred in 1996 with the passage of the FAIR Act. This is done by estimating the impact to farmers’ income if the 1990 Farm Bill provisions had been extended as opposed to enacting FAIR in 1996. In...

The farm level financial outlook for representative specialized and dual-purpose Mexican dairy operations is projected in this report. The analysis was for the 1997-2002 planning horizon using the Agricultural and Food Policy Center’s (AFPC) whole farm simulation model (FLIPSIM) and FAPRI’s...

The Agricultural and Food Policy Center’s (AFPC) primary purpose is to analyze the economic and financial impacts of alternative government policies on U.S. farming and ranching operations. This is accomplished through the maintenance of data necessary to simulate the economic and financial...

The farm-level financial outlook for representative Mexican hog operations is projected in this report. The primary objective of this analysis is to determine the economic viability of Mexican hog farms by region and production system over the 1995-2004 planning horizon. The Agricultural and...

This report evaluates the 2002 farm bill and the effects of the individual programs within the bill on North Dakota net farm income. A stochastic simulation model was developed, using @Risk by Palisade. @Risk replaces the mean values for price and yield with a distribution of values for the...

The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) decouples government farm subsidy payments from both price and production and provides farmers with nearly complete planting flexibility. Government spending under this act will be limited to $35.63 billion for 1996-2002...

The conventional gravity model is revised for a single commodity and applied to meat markets to determine factors affecting trade flows of meat. This study demonstrates that the gravity model for a single agricultural commodity can be parameterized more effectively by using time series and...