Download or read book ACRE Average Crop Revenue Election Program Payments and Risk Reduction written by Robert Dismukes and published by DIANE Publishing. This book was released on 2011-04 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using crop revenue as the basis for agricultural payments has long been proposed as a way to reform U.S. farm programs. Revenue is more closely related to farm income than either prices or yields individually. The ACRE program uses a combination of State- and farm-level revenue guarantees that are determined from recent historic prices and yields. This report examines and simulates crop revenue variability for producers of four crops ¿ corn, soybeans, wheat, and cotton ¿ and estimates potential ACRE payments from a broad range of possible revenue outcomes. It analyzes how ACRE payments and their effect on farm-level revenue variability would be distributed across crops and production regions. Illus. This is a print on demand report.
Download or read book ACRE Program Payments and Risk Reduction written by Robert Dismukes and published by . This book was released on 2010 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crop revenue variability--which differs across crops, regions, and the geographic levels at which revenue is measured--is the focus of the Average Crop Revenue Election program, which was fi rst available to producers in 2009. Using an empirically based simulation model of an extensive set of representative farm acres of corn, soybeans, wheat, and cotton, we analyze how ACRE payments vary under different guarantee price and expected market price scenarios, and how potential ACRE payments and risk reduction are distributed across crops and regions.
Download or read book Acre Program Payments and Risk Reduction written by United States Department of Agriculture and published by CreateSpace. This book was released on 2015-07-27 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crop revenue variability-which differs across crops, regions, and the geographic levels at which revenue is measured-is the focus of the Average Crop Revenue Election program, which was first available to producers in 2009. Using an empirically based simulation model of an extensive set of representative farm acres of corn, soybeans, wheat, and cotton, we analyze how ACRE payments vary under different guarantee price and expected market price scenarios, and how potential ACRE payments and risk reduction are distributed across crops and regions.
Download or read book Alternatives to a State based Acre Program written by Robert Dismukes and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternatives to a state based ACRE program written by and published by . This book was released on 2011 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternatives to a State Based Acre Program written by United States Department of Agriculture and published by CreateSpace. This book was released on 2015-07-20 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Average Crop Revenue Election, or ACRE, program is a commodity support program that bases coverage on aggregate State-level and individual farm-level revenue variability. Changing the level of aggregation from State to one closer to the farm level-Crop Reporting District or county-would generally increase payments. This report models how expected payments and the level of risk reduction from programs triggered at alternative levels would vary across crops-corn, soybeans, wheat, cotton, grain sorghum, and rice. It also considers how benefits from the alternative revenue programs would vary relative to benefits from direct payment and price-based commodity programs.
Download or read book Factors Influencing ACRE Program Enrollment written by Andrea Woolverton and published by DIANE Publishing. This book was released on 2011-05 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Average Crop Revenue Election (ACRE) program is the first revenue-based, income-support program that calculates payments using recent market prices and a producer¿s actual plantings. The payments are triggered when a farm¿s revenue and State revenue fall below a calculated guarantee for a crop. The report suggests that, for 2009-12, producers of corn, soybeans, wheat, and rice are likely to benefit more from the ACRE program than from the price-based, income-support programs. Data indicate that about 8% of farms with almost 13% of eligible base acres elected to participate in ACRE, which is less than might be expected given price and yield-based analysis alone. Charts and tables. This is a print on demand report.
Download or read book Average Crop Revenue Election written by Joseph Cooper and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article develops a stochastic model of the Average Crop Revenue Election (ACRE) program, which offers revenue-based commodity payments under the 2008 Farm Act. Our analysis shows that adding ACRE revenue payments to gross revenue reduces downside revenue risk for corn, wheat, and soybean farmers in 2009 on average by 16%, 21%, and 23%, respectively. Results indicate that farms with higher expected yields and lower variance of yields tend to benefit the most from ACRE. Integrating federal crop insurance with ACRE lowers insurance premiums from 10% to 40%, depending on the crop and location.
Download or read book Analysis of the Average Crop Revenue Election Program a Representative Farm Approach written by Scott Gerlt and published by . This book was released on 2009 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Average Crop Revenue Election (ACRE) program was created in the Food, Conservation and Energy Act of 2008. The program is intended to help offset years of low market revenues for agricultural producers. However, those who enroll in ACRE must forego portions of traditional payments. This study was conducted to determine what types of farms are good candidates for the ACRE program and the sensitivity of those results to input parameters and program provisions. These objectives were accomplished by creating four model farms representing typical, full-time operations. This resulted in representative farms in the following counties: McLean, Illinois; Sumner, Kansas; Hale, Texas; and Boliver, Mississippi. One thousand stochastic prices and yields were generated for each crop on each representative farm. Correlations were imposed on the variables to create the appropriate interactions between prices and yields. The results of the Monte Carlo simulations show that cotton producers are unlikely to benefit from the ACRE program, as the payments foregone to enroll in this new program are very high. Additionally, states with lower price/yield correlation tend to receive ACRE payments more often. Furthermore, 2009 is shown to be the best year to enroll under the assumed price path. Altering the price path can change the ACRE enrollment decision as demonstrated in the analysis. Likewise, the optimal producer decision is shown to be sensitive to the base acres on each representative farm. Finally, the analysis reveals that ACRE benefits are dependent on the program's payment rate restrictions.
Download or read book A New Farm Program Option written by Dennis A. Shields and published by . This book was released on 2010 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Average Crop Revenue Election ACRE Program written by and published by . This book was released on 2011 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A New Farm Program Option written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A 2008 Farm Bill Program Option written by and published by . This book was released on 2011 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Average Crop Revenue Election ACRE Program written by and published by . This book was released on 2011 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Farm Revenue Insurance written by James G. Vertrees and published by . This book was released on 1983 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding and Quantifying Year to year Changes in the Guarantee of the USDA ACRE Program written by Cory G. Walters and published by . This book was released on 2012 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The United States Department of Agriculture's Average Crop Revenue Election (ACRE) Program guarantees producers revenue at the state level, which is tied to state crop production and the National Average Market Price. Payments trigger when the current state revenue is less than the ACRE program guarantee"-- Page 1.
Download or read book Agricultural Program Audit written by and published by . This book was released on 2012 with total page 1134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
