The Farm Level Impacts of Replacing Current Farm Programs with a Whole Farm Revenue Program

Abstract

This study evaluates the farm level economic impacts of implementing a whole farm revenue insurance program in lieu of current government program payments on agricultural producers in major production areas of the United States. Realizing a multitude of viable options exist, this study demonstrates one way a whole farm revenue coverage program could work at the farm level and makes comparisons between the current baseline situation and alternative levels of revenue coverage implementation.agricultural policy, simulation, representative farms, government payments, crop insurance, revenue coverage, Agricultural and Food Policy,