English, Article, Journal or magazine article edition: IMPACTS OF THE FEDERAL AGRICULTURAL IMPROVEMENT AND REFORM ACT OF 1996 (FAIR ACT) ON THE NORTH DAKOTA AGRICULTURAL ECONOMY Won W. KOO; Marvin R. DUNCAN

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/143337
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • IMPACTS OF THE FEDERAL AGRICULTURAL IMPROVEMENT AND REFORM ACT OF 1996 (FAIR ACT) ON THE NORTH DAKOTA AGRICULTURAL ECONOMY
Author
  • Won W. KOO
  • Marvin R. DUNCAN
Physical Description
  • preprint
Notes
  • The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) decouples government farm subsidy payments from both price and production and provides farmers with nearly complete planting flexibility. Government spending under this act will be limited to $35.63 billion for 1996-2002 period. The net farm income for all six representative farms under the 1996 FAIR Act is projected to be higher than under the 1990 farm act early in the forecast period and lower after 1999 under the 1996 FAIR Act. Cropland prices are projected to fall 19.8% between 1996 and 2002 under the 1996 FAIR Act, while cropland prices are projected to fall 18.5% under the 1990 farm act. Cash rental rates are projected to follow cropland prices. Debt-to-asset ratios for most farms, although rising across the forecast period, do not reach levels that imperil credit- worthiness, but in the case of the low profit farm and small size farm the debt-to-asset ratios rise to a level that may imperil credit-worthiness on new borrowing.
  • FAIR Act; net farm income; debt-to-asset ratio; cropland prices; land rental rates; farm operating expenses; capitalization rate
  • RePEc:wop:ndsaer:352
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment