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Wheat Support: The Impact of Target Prices Versus Export Subsidies

RCED-94-79 Published: Jun 07, 1994. Publicly Released: Jun 20, 1994.
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Highlights

Pursuant to a congressional request, GAO reviewed: (1) how the Export Enhancement Program (EEP) has affected the income of wheat producers and grain exporters; (2) whether wheat producers' income would have increased if additional EEP funds had been used for direct income support payments; and (3) the benefits of higher target prices.

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Agricultural policiesCommodity marketingComparative analysisEconometric modelingEconomic analysisExportingFarm income stabilization programsFarm subsidiesGrain and grain productsPrice supports