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Easily accessible county data produced frontiers which substantially underestimated the reduction in risk by enrolling in the CRP. Furthermore, the county yield data portrayed an unattainable level of utility for a moderately risk averse farmer. Farm level data predicted CRP enrollment similar...
Persistent link: https://www.econbiz.de/10005525111
This study analyses short and long term safety first business risk associated with twenty six no-till transition strategies across four types of farms in eastern Washington. Risk of transition failure generated from risk averse criteria are also contrasted with a risk neutral criterion. Results...
Persistent link: https://www.econbiz.de/10005536566
Persistent link: https://www.econbiz.de/10010916390
Budget Planner is a whole-farm or enterprise budgeting software program that is simple to use for farmers, extension agents, and other budgeters who are sometimes inexperienced, but that also provides the detail necessary to be accurate. Program defaults eliminate repetitive questions that...
Persistent link: https://www.econbiz.de/10005460201
Computers change rapidly, yet the last survey on computer use in agriculture was in 1991. We surveyed Great Plains producers in 1995 and used logit analysis to characterize adopters and non-adopters. About 37% of these producers use computers which is consistent with the general population. We...
Persistent link: https://www.econbiz.de/10005801859
This paper is an assessment of patterns of investment by farm households via an econometric model adapted from a land allocation approach of Holt (1999). This analysis will shed light on the importance of different classes of assets to farm household well-being, and show the reaction of farm...
Persistent link: https://www.econbiz.de/10005327319