Some Thoughts Behind Acreage Programs and Erosion Control
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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
The United States has both enjoyed and suffered from the ability of its agricultural sector to produce more than was demanded domestically or that could be sold abroad at a profit. Food and fiber prices, because of the abundance of supply, are below those that would otherwise have prevailed. Thus, consumers were the beneficiaries as a smaller portion of their income is spent for acquiring of food than most anywhere else in the world.