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
Abstract

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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