An Analysis of American Agriculture Under Various Policy Alternatives for 1980
Extract: The specific objectives of this study are: (1) to indicate the amount and location of land to be withdrawn from wheat, feed grain and cotton production in 1980 under different policy alternatives, (2) to reflect an efficient allocation of production and land use under a minimum cost objective function for alternative adjustment or supply-control programs, (3) to estimate the national derived market prices under each program alternative, (4) to estimate production expenses and income from farming under each program alternatie, and (5) to estimate deficiency payments, government land diversion payments and consumers food costs under each of the alternatives.