Factors Influencing ACRE Program Enrollment

Download or read book Factors Influencing ACRE Program Enrollment written by Andrea Woolverton and published by DIANE Publishing. This book was released on 2011-05 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Average Crop Revenue Election (ACRE) program is the first revenue-based, income-support program that calculates payments using recent market prices and a producer¿s actual plantings. The payments are triggered when a farm¿s revenue and State revenue fall below a calculated guarantee for a crop. The report suggests that, for 2009-12, producers of corn, soybeans, wheat, and rice are likely to benefit more from the ACRE program than from the price-based, income-support programs. Data indicate that about 8% of farms with almost 13% of eligible base acres elected to participate in ACRE, which is less than might be expected given price and yield-based analysis alone. Charts and tables. This is a print on demand report.