The Post-Buyout Experience: Peanut and Tobacco Sectors Adapt to Policy Reform
http://www.ers.usda.gov/publications/eib60/
Describes what has happened to peanut and tobacco farming since the federal government phased out marketing quota and price support programs for these crops. Total acreage and prices have remained below pre-buyout levels, but lower prices and increased production effiency have resulted in increased demand, particularly in export markets. From the Economic Research Service of the U.S. Department of Agriculture
