Showing 1 - 10 of 17
Deterministic and stochastic yield response plateau functions were estimated to determine the expected profit-maximizing nitrogen rates, yields, and net returns for corn grown after corn, cotton, and soybeans. The stochastic response functions were more appropriate than their deterministic...
Persistent link: https://www.econbiz.de/10010914261
Several recent papers have used annual changes and monthly data to estimate demand systems. Such use of overlapping data introduces a moving average error term. This paper shows how to obtain consistent and asymptotically efficient estimates of a demand system using seasonally differenced data....
Persistent link: https://www.econbiz.de/10008530503
Personal digital assistants (PDA) and handheld global positioning systems (GPS) have become increasingly important in cotton production but little is known about their use. This research analyzed the adoption of PDA/handheld GPS devices in cotton production. A younger farmer who used a computer...
Persistent link: https://www.econbiz.de/10008530505
Conversion of poultry litter to energy can serve as a renewable energy source and provide an alternative to land application in areas where poultry production is intensive. Economies of size may limit a farmer’s ability to economically use on-farm conversion. Capital costs can be spread...
Persistent link: https://www.econbiz.de/10008549128
Increased demand for corn for ethanol production has helped push grain prices to record levels. This has increased livestock production costs, and producers have responded with changes to production systems. This paper explores the degree to which costs can be mitigated with alternative feeds,...
Persistent link: https://www.econbiz.de/10005513861
This article investigates how information from cotton yield monitors influences the perceptions of within-field yield variability of cotton producers. Using yield distribution modeling techniques and survey data from cotton producers in 11 southeastern states, we find that cotton farmers who...
Persistent link: https://www.econbiz.de/10011142835
This research evaluates whether the introduction of countercyclical payments creates an incentive for program crop producers to hedge the expected government payment using futures and/or options. Results indicate that some level of countercyclical payment hedging is optimal for risk-averse...
Persistent link: https://www.econbiz.de/10005801851
Agriculture operates in an uncertain environment. Yields, prices, and resource usage can change dramatically from year to year. However, most analyses of the agricultural sector, at least those using mathematical programming methods, assume decision making is based on average yields, ignoring...
Persistent link: https://www.econbiz.de/10005469305
Mathematical programming-based systems analysis is used to examine the consequences of alternative operation configuration for the agricultural operations within the Texas Department of Criminal Justice. Continuation versus elimination of the total operation as well as individual operating...
Persistent link: https://www.econbiz.de/10005041380
Mathematical programming formulations can yield faulty answers. Models can be unbounded, infeasible, or optimal with unrealistic answers. This article presents techniques for theory-based discovery of the cause of faulty models. The approaches are demonstrated in the context of linear...
Persistent link: https://www.econbiz.de/10005469318