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Farm Income Policy

Enhancing and stabilizing farm income is a fundamental feature of U.S. agricultural policy. ERS provides short- and long-term projections of farm income and analyzes the impacts on farm income of existing and proposed agricultural policies and programs.


Spotlights

Decoupled Payments in a Changing Policy Setting—This report analyzes the U.S. experience with decoupled payments in the Production Flexibility Contracts program from 1996 to 2002. It considers the effects of decoupled payments on recipient households; and assesses land, labor, risk management, and capital market conditions.

A Consideration of the Devolution of Federal Agricultural Policy—Devolution has not been evidenced in U.S. agricultural policy, despite significant differences across States in such areas as commodity production, production costs, income distribution, and opportunities for off-farm work.

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