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Wheat Commodity Program: Impact on Producers' Income

  Premium   Download PDF Now (60 pages)
Report Type Reports and Testimonies
Report Date Sept. 8, 1993
Report No. RCED-93-175BR
Subject
Summary:

The U.S. Department of Agriculture (USDA) supports wheat farm income mainly through direct payments--technically called deficiency payments because they make up the difference between a target price set by USDA and the amount that producers receive for their wheat. This briefing report examines (1) the program's overall costs, including producers' gains or losses from the program; (2) the distribution of wheat deficiency payments to program participants by counties; (3) the distribution of wheat deficiency payments to program participants by farms; and (4) the distribution of government payments, including wheat deficiency payments, to farms whose wheat production accounted for 50 percent or more of the value of the farms' crop and livestock production.

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