Record high commodity prices and yields will result in a decrease in government funding for crop farmers this year, but the numbers look to offset the funding, economists confirm.

Last week, the United States Department of Agriculture announced there will be no partial 2007 crop year counter-cyclical payments because market prices are high. Producers enrolled in the program may receive counter-cyclical payments when effective prices for eligible commodities are less than their respective target prices specified in the 2002 Farm Bill.