摘要：Major innovations of the 1996 FAIR Act are PFC payments and almost complete plantingflexibility. Because payments are attached to the land and not production, landlords are thoughtto capture most of the PFC payments. With the use of a November 1997 operator survey ofcropland leasing arrangements in the Mississippi Delta of Arkansas, the current study investigateschanges in crop mixes on leased land, operator attitudes concerning the operator/landlord sharingof FAIR Act benefits, and changes in leasing arrangements as a result of the FAIR Act. Althougha number of operators agree that landlords disproportionately benefit from the FAIR Act, aboutthree-quarters felt that there was no change or had no opinion. Similarly, we find little evidencethat the arrangements of existing leases changed as a result of the FAIR Act. However, a numberof operators report that leases were either terminated or added as a result of the FAIR Act.
