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Impacts of the 1996 Farm Bill Including Ad Hoc Additions

Published online by Cambridge University Press:  28 April 2015

Daryll E. Ray
Daryll E. Ray*
Affiliation:
Agricultural Policy Analysis Center, Department of Agricultural Economics, University of Tennessee
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Abstract

Whether the next farm bill is a slightly modified extension of the 1996 Farm Bill or is significantly different from the current bill will hinge on how the 1996 Farm Bill is perceived to have performed. With no supply management provisions in the 1996 Farm Bill, the crop markets have not shown a capacity to self-correct by reducing the quantity supplied and increasing the quantity demanded in response to relatively large declines in crop prices.

Type
Invited Paper Sessions
Information
Journal of Agricultural and Applied Economics , Volume 33 , Issue 2 , August 2001 , pp. 245 - 260
Copyright
Copyright © Southern Agricultural Economics Association 2001

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