Proceedings of the National Academy of Sciences of the United States of America
The ISU Farm Bill Analyzer focuses on decisions at the single-farm level for corn and/or soybean producers in Iowa. PLC and ARC-CO payments and probabilities are not affected by the number of enrolled farms, while ARC-IC payments and probabilities might be. Using historical information and expectations about prices and yields, the ISU Farm Bill Analyzer calculates expected payments and probabilities associated with payments under all possible combinations of programs across crops.
Ruiqing Miao, Hongli Feng, David A. Hennessy, Xiaodong Du
John C. Beghin, Jean-Christophe Bureau, Alexandre Gohin