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An Economic Analysis of the Integrated Farm Management Option for Corn and Wheat Rotations
Author(s) -
Diebel Penelope L.,
Williams Jeffery R.
Publication year - 1993
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.2307/1349478
Subject(s) - economic analysis , agricultural economics , business , agricultural science , economics , agronomy , agricultural engineering , environmental science , engineering , biology
The Integrated Farm Management Program Option (IFMPO) of the 1990 farm bill is designed to increase crop management flexibility and to promote the use of resource‐conserving crops. Economic analysis of this program indicates that although the current format provides flexibility, it provides little economic incentive to adopt resource‐conserving crop rotations. A potential change to the IFMPO that would provide the economic incentives needed for adoption of resource‐conserving crop rotations is limited to haying or grazing rights.
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