POTENTIAL IMPACTS OF CHANGES TO GOVERNMENT PAYMENT LIMITS FOR MISSISSIPPI FARMS

This paper examines the issue of government payment limits and how changes to these limits could impact program crops producers in Mississippi. Economic factors affecting the incidence of payment limits on various program crops are also discussed. The latest proposed change to payment limits, bill S. 667, is evaluated in contrast to the provisions of the current farm bill. Data from other states are also examined in order to obtain a better understanding of the regional differences in the application of payment limits