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Commodity Policy Issues for the 1980s

Published online by Cambridge University Press:  28 April 2015

Milton H. Ericksen  and
James D. Johnson
Milton H. Ericksen
Affiliation:
National Economics Division, ESCS, U. S. Department of Agriculture.
James D. Johnson
Affiliation:
National Economics Division, ESCS, U. S. Department of Agriculture.
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Extract

National food, agriculture, and trade policies operate in part through commodities. In our view, commodity policy encompasses the actions policymakers direct toward individual commodities in their attempt to influence supply, demand, price, farm income, and resource use. The instruments or provisions Executive branch policymakers use are granted by Congress through legislation. In this article we consider commodity-related developments that could occur in the 1980s and relate those developments to issues that policymakers will confront. We examine the economic pressures likely to affect producers, the instruments that policymakers may seek, and the legislative response.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 12 , Issue 1 , July 1980 , pp. 17 - 28
Copyright
Copyright © Southern Agricultural Economics Association 1980

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References

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