The Stocking Impact and Financial-Climate Risk of the Livestock Forage Disaster Program

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英文名称：

The Stocking Impact and Financial-Climate Risk of the Livestock Forage Disaster Program

作者：

R. Aaron Hrozencik; Gabriela Perez-Quesada""url":0; Kyle Bocinsky""url":0;

来源地址：

https://www.ers.usda.gov/api/publications/v1.0?page=2&items_per_page=20&sort_by=releaseDate&sort_order=DESC&series=AP%2CCCR%2CEB%2CEIB%2CERR%2CTB

关键词：

Drought;  livestock;  agricultural policy;  financial-climate risk;  Livestock Forage Disaster Program;  LFP;  greenhouse gas emissions;  disaster assistance;  climate projections; 

年份：

2024

出版地：

Washington, DC, USA

总页数：

58

语种：

English

摘要：

Drought imposes significant costs on the U.S. agricultural sector, particularly livestock producers who rely on precipitation to grow forage. The U.S. Department of Agriculture administers several programs to mitigate the economic costs of drought. One of these programs is the Livestock Forage Disaster Program (LFP), which provides payments to livestock producers impacted by drought. Program evaluation results suggest that producers in drought affected counties that received LFP payments achieved similar herd retention and liquidation outcomes as producers in less drought impacted counties that were ineligible for LFP payments. Modeling results suggest that LFP poses a financial-climate risk to the Federal budget. Depending on the future emissions scenario, annual Federal Government expenditures on LFP are projected to increase above the current average expenditures by 45\u2013135 percent (in 2022 dollars) by 2100.strongHow to Cite:\/strongHrozencik, R. A., Perez-Quesada, G., Bocinsky, K. (2024). iThe stocking impact and financial-climate risk of the Livestock Forage Disaster Program\/i (Report No. ERR-329). U.S. Department of Agriculture, Economic Research Service. a href=https:\/\/search.nal.usda.gov\/discovery\/fulldisplay?context=Lvid=01NAL_INST:MAINdocid=alma9916439033707426https:\/\/doi.org\/10.32747\/2024.8254668.ers\/a