Current Issues in Agricultural Price and Income Policy

Many farmers and ranchers are now facing severe financial stress. Since 1974, farm prices have been seriously disadvantageous to farmers. Recently attention has been focused on the problem primarily by the American Agriculture Movement. In this paper, we accept the premise that farm prices are unacceptably low. There seems to be some sentiment to come to the aid of farmers, but hard decisions must be made in the face of lack of information and a lot of misinformation.