Analysis of NFU's Loan Rate Provisions and a Farmer-Owned Reserve Program
Abstract
In response to Congressional requests, the Food and Agricultural Policy Research
Institute (FAPRI) is preparing an analysis of the agricultural policies similar to those
included in the National Farmer's Union's (NFU) testimony presented to the House
Committee on Agriculture. The results presented in this document are divided into two
parts. First, the impacts of the loan rate provisions and elimination of fixed payments are analyzed. Second, a variation of the Farmer-Owned Reserve (FOR) is added to the loan rate provisions. Analysis of other provisions such as the voluntary land idling will be presented in subsequent reports.