Uncertainty regarding
federal farm support and more liberalized trade
North Dakota producers
were concerned about the effects that possible reductions in federal government
support and more liberalized trade would have on the level of farm income
and its volatility. U.S. farm programs focus on wheat and provide
major income support to states like North Dakota.
The
prospect of a reduction in federal farm subsidies was of particular interest
to the state’s farmers, as government payments represent a higher proportion
of net farm income in North Dakota than in other states (Cobia).
As a percentage of total farm income, government payments are higher in
the Northern Great Plains than in any other region of the United States
(Northern Great Plains Rural Development Commission). The USDA has
reported that, in some areas of the Northern Great Plains, over 30 percent
of gross farm income originates from direct government payments (Harrington
and Dubman). In a 1990 report, the North Dakota 2000 Committee, a
group formed to study North Dakota's economic situation, noted that 40
percent of the state's net farm earnings were in the form of federal support
payments (North Dakota 2000 Committee).
Producers were
looking for alternatives that would help to reduce their reliance on government
support. Cooperative value-added processing was seen as a self-help
strategy that could contribute to this goal. Concern about the lessening
of trade barriers and government support has continued throughout the 1990s.
In particular, the passage of the 1996
Federal Agricultural Improvement and Reform (FAIR) Act
has
led to concern about the stability of producer income from year to year.
If government payments are no longer linked to market prices, then farmers
may experience greater income volatility in response to changes in market
supply and demand (Boland, Lusk and Barton). Producers are looking
towards value-added processing activities as one method to stabilize income
in such a market-driven farm economy. It is interesting to note that
the high up-front payments that occurred under the FAIR act coincided with
high grain prices. This may have boosted farmers’ ability to form
cooperatives in the mid-1990s.
References
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