FAPRI 1996 Baseline: Projections under the FAIR Act

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2015-08-28
Authors
Meyers, William
Smith, Darnell
Elmore, Steven
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Center for Agricultural and Rural Development

The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.

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The 1996 FAPRI baseline results, a s ubset of which are discussed in this article, are the first to incorporate full plaming flexibility between major crops. Essentially. this represents a decoupled income support program, assumed to decline slightly over the projection period ( 1996-2005). Some of tbe more important U.S. policy provisions ~tsed as a basis for this baseline came from the Federal Agriculture Improvement and Reform ( f'AIR) Act of 1996.

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