Illustration Interactive of Farm Program P
Choose a Crop
Adjust Scroll Bars to change:
Cotton
Cotton Price & Rates
$0.80
Market Price
Actual Yield
Planted Acres
$0.70
$0.14
$0.60
$0.07
$0.50
0.5213
500.0
100
$0.40
Crop Target Price Loan Rate Direct Payment Base Acres Farm Program Yield
Cotton $0.7240 $0.5200 $0.0667 100.00 500.00 Receipts $26,064 $0 $2,835 $5,781 $34,680
$0.30
0.52
$0.20
Market Price LDP Direct Pmt. CCP Total Developed by:
$0.5213 $0.0000 $0.0667 $0.1360
$0.10
$0.00
The Agricultural and Food Policy Center, Texas A&M University
Steven L. Klose, Keith Schumann, James W. Richardson, Joe L. Outlaw, David P. Anderson
Password = afpc
Notes: 1. This illustration is intended for educational purposes only. It is not intended to
2. This illustration intends to explain:
A. The calculation of Counter-Cyclical Payments (CCP's) and Loan De the interaction of market price, loan rate, target price, and Direct Adjust the "Price Scroll Bar" to see the interaction of payment t B.
The distinction between payments that are coupled (market and L Adjust the "Yield or Planted Acres" scroll bars and notice that D
Examples for 9 program crops (DON'T CHANGE THESE) Cotton Wheat Sorghum Target Price $0.7240 $3.89 $2.54 Loan $0.5200 Rate $2.80 $1.98 Direct Payment $0.0667 $0.52 $0.35 Base Acres 100 100 100 FPY 500 40 35 List Box Control (DON'T CHANGE THESE)
1 Cotton Wheat Sorghum Corn Rice Soybeans Peanuts Barley Oats
Corn $2.60 $1.98 $0.28 100 200
Scroll Bar Calculation (DON'T CHANG
Price Yield Planted Acres
Chart Titles (DON'T CHANGE THESE
Cotton Price & Rates Cotton Receipt Componets Cotton Total Receipts
Program Provisions
Cotton Receipt Componets
$40,000
Rates
Cotton Total Receipts
$40,000
$35,000
$35,000
$30,000
$30,000
$25,000
$20,000
$25,000
$15,000
$20,000
$10,000
$15,000
$5,000
$0
$10,000
$26,06 4 $5,781
$0 $34,68 0
$2,835
$5,000
$0
w, David P. Anderson
y. It is not intended to evaluate receipts for a specific farm.
s (CCP's) and Loan Def...