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Farm-level data from Illinois and Kansas for the 1991–2007 crops are used to examine the interaction and overlap among crop revenue insurance, Supplemental Revenue Assistance (SURE), and Average Crop Revenue Election (ACRE). Compared with 75% Crop Revenue Coverage Insurance (75% CRCP),...
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Had only a farm program like the new ACRE state revenue program existed instead of the authorized 1996–2008 programs for corn, soybeans, and wheat, farm support expenditures would have occurred earlier but totaled less. In contrast, at the higher prices forecast for the three crops over...
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RECENT events in Central and Eastern Europe are part of a continuing, world-wide political and economic realignment that is important to U.S. food and agricultural industries. The realignment has greater long-run significance for U.S. agriculture than either the new farm bill or the GATT...
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