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Farm Programs: An Analysis of Two Production Control Options

RCED-86-137 Published: Aug 11, 1986. Publicly Released: Aug 11, 1986.
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Highlights

Because the problem of large crop surpluses and depressed commodity prices continues to be part of the U.S. farm agenda, GAO completed a comparative analysis of the Department of Agriculture's (USDA) Payment-in-Kind program (PIK) and an alternative program design for use in future farm policy and program decisions, using a private contractor's state-of-the-art policy simulation model.

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Topics

Agricultural productionCommodity marketingComparative analysisCost analysisFarm income stabilization programsFarm subsidiesPaymentsProgram evaluationAgricultural commoditiesGrain and grain products