Impacts of Selected Provisions within the “Agriculture Reform, Food and Jobs Act of 2012” (via FAPRI)

As the United States Senate prepares to take up their version of the 2012 Farm Bill, the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri has issued a report examining possible consequences of several key provisions within the proposed legislation, including:

1) The elimination of the current Direct and Countercyclical Payment (DCP) and Average Crop
Revenue Election (ACRE) programs.

2) The establishment of the Agriculture Risk Coverage (ARC) program and the Stacked Income
Protection Plan (STAX).

3) The reduction in the acreage cap for the Conservation Reserve Program (CRP) from the current
32 million acres to 25 million acres by 2017.

The full report can be accessed by visiting

http://www.fapri.missouri.edu/outreach/publications/2012/FAPRI_MU_Report_03_12.pdf

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