As environmental regulations continue to tighten and shift from nitrogen to phosphorus-based application standards for manure, phosphorus removal will become increasingly important for any state considering a livestock growth initiative. A framework was developed that can determine a...

This paper examines the preferred share arrangement for both landlords and tenants producing grain in the Texas High Plains (based on risk preference), and determines the sensitivity to changing input costs and market prices. Results of the analyses show that tenants and landlords prefer...

Producers are beginning to be provided the opportunity to participate in incentive programs to reduce application rates of fertilizer. This paper demonstrates three methods of arriving at a recommendation on program participation. Two methods employ commonly used production functions and...

In this paper, we examine the effect of Section 1031 tax deferred payment on Texas agricultural land price. To analyze the effects, we estimate the market equilibrium price function using the dynamic panel model and Texas agricultural land sales for 1965-2007. We argue that Section 1031...