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Agricultural options: An alternative to current agricultural programs
Author(s) -
Kahl Kandice H.
Publication year - 1986
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/1520-6297(198622)2:2<215::aid-agr2720020206>3.0.co;2-b
Subject(s) - agriculture , government (linguistics) , economics , agricultural economics , farm programs , business , natural resource economics , ecology , philosophy , linguistics , biology
Agricultural options can enable farmers to obtain some of the same types of price protection currently available through the government's agricultural programs. Farmers can use agricultural options to reduce the price variability that they face when they sell their commodities, without disrupting market prices and thus market signals. The benefits of using agricultural options instead of price‐support programs will be better allocation of resources, increased exports, and reduced government spending in agriculture. However, practical problems must be solved before agricultural options can replace certain agricultural programs.