Over the next two decades a level of government involvement in agriculture comparable to that of the past two decades can be justified. Indigenous, cyclical, and secular characteristics of agriculture provide a strong defense of this position. Abandoning commodity programs would have adverse...

Discusses some of the necessary ingredients for an effective governmental regulatory policy.

The Agricultural and Food Policy Center (AFPC) of the Texas A&M University System is pleased to be invited to address this symposium addressing the future of U.S. agriculture. As a participant in the FAPRI consortium, AFPC monitors the economic conditions of U.S. agriculture at the farm and...

Arguably, since the 1930s, what farmers produced has been markedly influenced by farm programs. The 1996 farm bill affects farmers in terms of what they produce and their level of risk exposure. This paper investigates the farm level impacts of the 1996 farm bill on the South. Focus group...