Bargaining power programs: estimated effects on production, net farm incomes and food costs for specified price levels
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The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.
CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.
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Abstract
Welfare in the majority of rural communities is closely associated with farm income. The level of farm income in typical rural areas is the dominant force in determining the volume of business, the demand for services and the employment base of towns. This study is directed toward improvement of economic opportunities in rural communities as affected by farm income. It deals with the conditions under which farmer bargaining power can increase farm income.