caa a22 4500 388054603 CHVBK 20180307125102.0 cr unu---uuuuu 161130e199807 xx s 000 0 eng 10.1017/S1074070800008026 doi S1074070800008026 pii (NATIONALLICENCE)cambridge-10.1017/S1074070800008026 Southern Farmers' Exposure to Income Risk Under the 1996 Farm Bill [Elektronische Daten] [Ronald D. Knutson, Edward G. Smith, David P. Anderson, James W. Richardson] This paper investigates the farm-level impacts of the 1996 farm bill on the South. Focus group perceptions of risk sources, observed acreage changes, and the farm-level impact of increased price risk are evaluated. Focus group respondents ranked price and yield as the two most important sources of risk, and diversification was ranked highly as a risk-management tool. Limited data suggest that acreage shifts among crops are occurring in the South, presumably aided by the 1996 farm bill. Higher probabilities of cash flow deficits are estimated for cotton and rice relative to feedgrain, wheat, and oilseed operations. Copyright © Southern Agricultural Economics Association 1998 Implications of Changing Agricultural Policy for the South nationallicence acreage shifts nationallicence income risk nationallicence policy risk nationallicence risk perception nationallicence Knutson Ronald D. Department of Agricultural Economics, Texas A&M University aut Smith Edward G. Department of Agricultural Economics, Texas A&M University aut Anderson David P. Department of Agricultural Economics, Texas A&M University aut Richardson James W. Department of Agricultural Economics, Texas A&M University aut Journal of Agricultural and Applied Economics Cambridge University Press 30/1(1998-07), 35-46 1074-0708 30:1<35 1998 30 AAE https://doi.org/10.1017/S1074070800008026 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S1074070800008026 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Knutson Ronald D. Department of Agricultural Economics, Texas A&M University aut NATIONALLICENCE 700 1- Smith Edward G. Department of Agricultural Economics, Texas A&M University aut NATIONALLICENCE 700 1- Anderson David P. Department of Agricultural Economics, Texas A&M University aut NATIONALLICENCE 700 1- Richardson James W. Department of Agricultural Economics, Texas A&M University aut NATIONALLICENCE 773 0- Journal of Agricultural and Applied Economics Cambridge University Press 30/1(1998-07), 35-46 1074-0708 30:1<35 1998 30 AAE CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge