USDA Looks at How Rising Commodity Prices May Affect CRP

Corn & Soybean Digest
Source: University of Nebraska-Lincoln
Feb. 23, 2011 12:31pm

In a period of higher crop prices, if CRP maintains its acreage and the environmental benefits it provides, CRP program payments will need to increase, according to a report released Friday from USDA's Economic Research Service.

This assessment was based on a study that looked at two models and several program scenarios focusing on higher crop prices and the resulting economic effects and including the effects of bioenergy production and possible carbon credits and marketing.

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