Production Flexibility Contract Payments: Fiscal Year 1996
Darnell B. Smith, Steven L. Elmore
December 1996 [96-BP 12]
Smith, D.B. and S.L. Elmore. 1996. "Production Flexibility Contract Payments: Fiscal Year 1996." Briefing paper 96-BP 12. Center for Agricultural and Rural Development, Iowa State University.
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.