General Cropland Retirement: Analysis of Four Alternatives (Classic Reprint)

January 3, 2019|
General Cropland Retirement: Analysis of Four Alternatives (Classic Reprint) by Glenn A. Zepp
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Excerpt from General Cropland Retirement: Analysis of Four Alternatives

Some people favor long-term general cropland retirement, instead of the withholding of land under annual programs as a means to maintain farm incomes and achieve desirable farm resource adjustments. They claim that diverting land to less intensive uses is more likely to be a per manent adjustment under a long-term general cropland retirement program than under the annual commodity programs.

Further, some proponents claim that such long-term retirement could lower the Government cost below that of annual land retirement programs. Under either type of program, retirement payments per acre would have to at least equal farmers' expected net returns above variable costs. Under a long-term land retirement program, farmers can reduce their stock of machinery because they can plan to discontinue their farming operation for a period of years-in some cases, permanently. If they can reduce their machinery inventory, some fixed machinery costs will become vari able costs. As more costs become variable, the amount of net return that program payments must equal is lowered.

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Title:General Cropland Retirement: Analysis of Four Alternatives (Classic Reprint)Format:PaperbackDimensions:42 pages, 9 X 6 X 0.09 inPublished:January 3, 2019Publisher:FB&C LtdLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0364594063

ISBN - 13:9780364594063

Appropriate for ages: All ages

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