Counter-Cyclical Agricultural Program Payments: Is It Time to Look at Revenue?
探讨了补充收入支付计划(SIPP),该计划旨在当作物全国收入低于历史水平时向农民提供援助,并分析了调整收入覆盖比例和层级(全国、州、县等)以及基于期货市场的收入保障的影响。
This paper examines the Supplemental Income Payments for Producers (SIPP) program, a proposal to adjust the current federal farm program to react to declines in farm revenue. The SIPP program, as currently outlined, would provide farmers assistance when current national revenue for a crop falls below a set percentage of historical national revenue for the crop. The authors explore the implications of changing the percentage of revenue and/or the level of revenue covered (national, state, county, etc.). Revenue guarantees based on the futures markets rather than past revenue outcomes are also discussed.