How Iowa Stacks Up Under the 1996 Freedom to Farm Payments

Date
2015-08-27
Authors
Elmore, Steven
Smith, Darnell
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Abstract

Production Flexibility Contract (PFC) acres enrolled for fiscal year (FY) 1996 were released by USDA on August 19, 1996. From these data, and what we know about the payment stream, we calculated the payment rates by bushel, acre, and state. Total payments by state under the 1996 FALR Act were also calculated. These figures provide a comparison by state and commodity.

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