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The crop farming sector has been relatively profitable in the past several years, whereas the general economy has gone through a great deal of turmoil. In this research, we constructed an AgIndex, which tracked the stock prices of publicly traded companies dealing with agriculture performed...
Persistent link: https://www.econbiz.de/10010880442
Farm-level data from Illinois and Kansas for the 1991–2007 crops are used to examine the interaction and overlap among crop revenue insurance, Supplemental Revenue Assistance (SURE), and Average Crop Revenue Election (ACRE). Compared with 75% Crop Revenue Coverage Insurance (75% CRCP),...
Persistent link: https://www.econbiz.de/10008489892
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Finite mixture estimation (FME) is compared to estimated generalized least squares (EGLS) in the estimation of economies of size and production cost frontiers for Alabama dairy farms. FME provides several unique insights into the economic forces behind recent changes in Alabama's dairy industry....
Persistent link: https://www.econbiz.de/10005469264
Optimal crop and livestock mix was determined for a representative Alabama farm using a dynamic programming model. Results indicate that decisions concerning livestock production are highly influenced by the amount of cotton base available on the farm. In most cases, increasing cotton base...
Persistent link: https://www.econbiz.de/10005801902
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