How Much “Safety” Is Available under the U.S. Proposal to the WTO?, November 2005

Critics of the U.S. proposal to the World Trade Organization (WTO) made in October 2005 are correct when they argue that adoption of the proposal would significantly reduce available support under the current farm program structure. Using historical prices and yields from 1980 to 2004, we estimate that loan rates would have to drop by 9 percent and target prices would have to drop by 10 percent in order to meet the proposed aggregate Amber Box and Blue Box limits. While this finding should cheer those who think that reform of U.S. farm programs is long overdue, it alarms those who want to maintain a strong safety net for U.S. agriculture. The dilemma of needing to reform farm programs while maintaining a strong safety net could be resolved by redesigning programs so that they target revenue rather than price. Building on a base of 70 percent Green Box income insurance, a program that provides a crop-specific revenue guarantee equal to 98 percent of the product of the current effective target price and expected county yield would fit into the proposed aggregate Amber and Blue Box limits. Payments would be triggered whenever the product of the season-average price and county average yield fell below this 98 percent revenue guarantee. Adding the proposed crop-specific constraints lowers the coverage level to 95 percent. Moving from programs that target price to ones that target revenue would eliminate the rationale for ad hoc disaster payments. Program payments would automatically arrive whenever significant crop losses or economic losses caused by low prices occurred. Also, much of the need for the complicated mechanism (the Standard Reinsurance Agreement) that transfers most risk of the U.S. crop insurance to the federal government would be eliminated because the federal government would directly assume the risk through farm programs. Changing the focus of federal farm programs from price targeting to revenue targeting would not be easy. Farmers have long relied on price supports and the knowledge that crop losses are often adequately covered by heavily subsidized crop insurance or by ad hoc disaster payments. Farmers and their leaders would only be willing to support a change to revenue targeting if they see that the current system is untenable in an era of tight federal budgets and WTO limits.

Report on Compliance with IPERS Requirements for Certain Members from the LuVerne Community School District, 2005

Report on Compliance with IPERS Requirements for Certain Members from the LuVerne Community School District

Iowa Community Empowerment Newsletter, December 2005, Vol.6, no.6

Monthly newsletter for the Iowa Department of Public Health

Iowa Community Empowerment Newsletter, June 2005, Vol.6, no.3

Monthly newsletter for the Iowa Department of Public Health

Iowa Community Empowerment Newsletter, October 2005, Vol.6, no.5

Monthly newsletter for the Iowa Department of Public Health

Iowa Health Focus, December 2005

Monthly newsletter for the Iowa Department of Public Health

Recycled Content Plastic Bag and Soy Inks Report, 2005

Report to Margaret Thomson, Chief Clerk, about Recycled Content Plastic Bag and Soy Inks.

Biosecurity and Infectious Animal Disease, November 2005

The spatial dimension of agricultural production is important when a communicable disease enters a region. This paper considers two sorts of biosecurity risk that producers can seek to protect against. One concerns the risk of spread: that neighboring producers do not take due care in protecting against being infected by a disease already in the region. In this case, producer efforts substitute with those of near neighbors. For representative spatial production structures, we characterize Nash equilibrium protection levels and show how spatial production structure matters. The other sort of risk concerns entry: that producers do not take due care in preventing the disease from entering the region. In this case, producer heterogeneity has subtle effects on welfare loss due to strategic behavior. Efforts by producers complement, suggesting that interfarm communication will help to redress the problem.

Iowa Workers’ Compensation Manual, July 1, 2005 - June 30, 2006

This booklet has been prepared by the Division of Workers’ Compensation to provide information and guidelines in handling Iowa workers’ compensation claims. For more detailed information, reference should be made to Iowa Code chapters 85 through 87, 17A and chapter 876 of the Iowa Administrative Code.

Iowa Veterans Home Agency Performance Plan, 2005

Annual Report, Agency Performance Plan

ABD e-News December 2, 2005

Weekly Newsletter

School Leader Update, November 2005

Monthly newsletter produced by Iowa Department of Education

School Leader Update, December 2005

Monthly newsletter produced by Iowa Department of Education

School Leader Update, February 2005

Monthly newsletter produced by Iowa Department of Education

School Leader Update, April 2005

Monthly newsletter produced by Iowa Department of Education