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Alternatives to a State-Based ACRE Program: Expected Payments Under a National, Crop District, or County Base

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By Robert Dismukes, Keith H. Coble, David Ubilava, Joseph C. Cooper, and Christine Arriola

Economic Research Report No. (ERR-126) 42 pp, September 2011

The Average Crop Revenue Election, or ACRE, program is a commodity support program that bases coverage on aggregate State-level and individual farm-level revenue variability. Changing the level of aggregation from State to one closer to the farm level—Crop Reporting District or county—would generally increase payments. This report models how expected payments and the level of risk reduction from programs triggered at alternative levels would vary across crops—corn, soybeans, wheat, cotton, grain sorghum, and rice. It also considers how benefits from the alternative revenue programs would vary relative to benefits from direct payment and price-based commodity programs.

Keywords: Average Crop Revenue Election, ACRE, commodity support, crop revenue variability, farm risk management, ERS, USDA

In this report ...

Chapters are in Adobe Acrobat PDF format.

Charts and graphs (in .png format) from this report are available in the .zip file listed below. The .zip file also contains a document (readme.txt) that lists the name and title of each chart or graph file.

Updated date: September 15, 2011

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