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Program

Preliminary forecast

United States Total direct payments Marketing loan gains Production flexibility contractsc Direct payments Countercyclical payments Loan deficiency payments Compensation payment to peanut quota holders National dairy market loss payments Conservationd Emergency assistancee Miscellaneousf

a b

17,380 712 –300 7,702 1,895 615 250 900 2,286 3,300 20

Total

34,760

Table 5.2

Direct US and Canadian agricultural government payments, 2003 (millions of dollars)

Gross Revenue Insurance Plan

n.a.

Net Income Stabilization Account

518

Income disaster assistance

315

Western Grain Stabilization

n.a.

Provincial stabilization

510

Tripartite payments

n.a.

Crop insurance

1,222

Dairy subsidy

n.a.

Other

843

Total rebates reducing expenses

70

Total

3,477

Canada

  • n.

    a. = not available

  • a.

    This category includes only those funds paid directly to farmers within the cal- endar year.

  • b.

    In publications before May 2001, marketing loan gains were included in cash receipts rather than in government payments.

  • c.

    The enactment of the Farm Act 2002 terminated the authority for production flexibility payments.

  • d.

    This category includes all conservation programs. In publications before July 2003, this category included only payments to the Conservation Reserve Pro- gram, Agricultural Conservation Program, Emergency Conservation Program, and Great Plains Program.

  • e.

    This category includes all programs providing disaster and emergency assis- tance payments to growers. In publications before July 2003, this category included only emergency assistance payments attributed to supplemental legislation.

  • f.

    Miscellaneous programs and provisions vary from year to year. In publications before July 2003, this category included some program payments that are now considered either as conservation or ad hoc and emergency.

Sources: USDA (2004a); Statistics Canada, Agriculture Economics Statistics, 2004.

AGRICULTURE

Institute for International Economics | www.iie.com

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