1 rice backgrounder rcs 2006 01 economic research service usda united states department of agriculture www ers gov outlook report from the december abstract us farming is a high cost large scale production operation that depends on global market for about half its annual sales government payments per acre are compared with other program crops as share sector s income accounted by while domestic disappearance continues to increase farm incomes tempered higher costs modest increases in prices and continued strong competition many international markets lower asian exporters financial operating characteristics farms based 2004 agricultural resource management survey arms reported here keywords supply trade policy expenses agreements acknowledgments thanks janet perry demcey johnson linwood hoffman paul westcott edwin young robert dismukes their support helpful review comments suggestions authors extend tom tice bill chambers agency andy