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THE ECONOMIC CONTEXT OF THE DEBATE
APPROACHES TO THE FARM BILL
LOOKING TOWARD THE YEAR 2000
3 other sections not shown
1985 farm bill adjustment agricultural policy agricultural production American agriculture American Farmland Trust annual argue assets average base acreage billion budget deficit capital changes Commodity Credit Corporation commodity prices commodity programs Comparison of Policy consumers continuation of current cropland current policy dairy debt decline deficiency payments demand domestic and export economic effects erosion expand farm income farm programs farmers federal food prices foreign free market goals grain growth guarantees idled increase investment land diversion land values levels livestock loan rates long-term macroeconomic Market Policy market prices mask market million acres million tons mixed reform approach nomic nonrecourse loan overall percent Policy Options price supports Prices are dollars production controls Program Costs Program Crop real interest rates reduce Restricted Production rural America Sorghum Soybeans stability stocks supply Table target taxpayers trade U.S. agricultural Wheat world markets