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FARM LEVEL IMPACTS OF THE 2002 FARM BILL ON A GEORGIA AND NORTH CAROLINA FARM

By Nathan B. Smith and Gary Bullen

Abstract

The 2002 Farm Bill eliminates the peanut quota program and establishes a marketing loan program for peanuts. A Georgia and North Carolina peanut model farm are developed to examine farm level impacts of program changes. Results indicate more revenue derived from the government and an increase in net farm income.Agricultural and Food Policy,

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Citations

  1. (2001). Farm Financial Management. FINPACK
  2. (2002). New Peanut Program Provisions” Department of Agricultural and Applied Economics,

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