Production Flexibility Contract Payments: Fiscal Year 1996

Darnell B. Smith, Steven L. Elmore
December 1996  [96-BP 12]

Using data from the United States Department of Agriculture on the Production Flexibility Contract (PFC) acres enrolled for fiscal year 1996, the authors calculated the payment rates by bushel, acre, and state. The total payments by state under the 1996 FAIR Act were also calculated. Figures given in this paper provide a comparison by state and commodity.

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