Agricultural Policy: A Proposed Whole Acreage Base Buy-Out
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Publisher:Ohio State University. Department of Agricultural, Environmental, and Development Economics
Series/Report no.:Ohio State University. Department of Agricultural Economics and Rural Sociology. ESO (Economics and Sociology Occasional Paper). No. 1348
A whole acreage base buy-out is proposed as a means of eliminating price and income supports in agriculture. Buy-out payments for acreage bases equal to projected 1986-1990 costs for current programs would substantially improve U.S. cost competitiveness and reduce future government outlays without making recipients worse off.