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INTRODUCTION TO AGRICULTURAL POLICY
THE POLICY PROCESS
HOW AGRICULTURAL POLICY AFFECTS
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absolute advantage acreage agency AGRICULTURAL POLICY AFFECTS allotment annual assistance average benefits bill budget bushels business cycle committee commodity program comparative advantage Congress Conservation consumer surplus consumers consumption corn cotton crop base cropland curve debate decline deficiency payment demand domestic economy eligible environmental expenditures export subsidy FACTA90 farm income farmers federal government Federal Reserve feed grains GATT highly erodible idled implementation import quota increase inputs interest rates international trade legislation ment milk million acres money supply nonrecourse loan oilseeds opportunity cost outlays output parity percent period pesticides planted policy tools pollution price and income price support loan problem producer surplus public policy purchase quantity reduce restrictions Secretary sector sell set-aside soil erosion soybeans specific stocks sumers support loan rate surplus target price tion U.S. agricultural units of rice USDA wetlands wheat yield