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This study focuses on the farm problems generated in a nation at an advanced stage of economic growth and urbanization, and the role of agricultural policy within this framework. It outlines the types and consequences of problems that arise for various groups in farming and the rural community as a result of rapid advances in capital technology and production capacity for agriculture. It reviews alternatives in policy to meet the farm structural transformation of the decade ahead. Finally it analyzes the outcomes for four specific farm policy alternatives which might be extended into the 1970's. Acreages, prices, incomes and other relevant quantities are computed for these four alternatives as they relate to the wheat, feed grain and livestock sectors.

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Center for Agricultural and Economic Development, Iowa State University


Ames, IA


Agricultural and Resource Economics | Agricultural Economics | Agricultural Science | Agriculture | Agronomy and Crop Sciences | Natural Resource Economics