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This study examines U.S. crop producers’ perceptions of climate change, its effects on crop agriculture, and likely ways farmers would adapt to weather extremes. Based on a survey of crop producers in four states, we find that a significant proportion of farmers do not perceive that...
Persistent link: https://www.econbiz.de/10011142799
This paper explores the effect farmer perceptions concerning how best management practice (BMP) adoption changes the profit distribution have on BMP adoption incentives and the potential for insurance to increase these incentives. Adoption indifference curves illustrate the effect of farmer...
Persistent link: https://www.econbiz.de/10005801964
We analyze the effects of crop insurance and the Marketing Loan Program on optimal nitrogen use and acreage allocation for a case cotton-sorghum farm in Texas. A mathematical programming model is used to solve for the optimal nitrogen fertilizer rate, crop acreage allocation, coverage level, and...
Persistent link: https://www.econbiz.de/10005220433