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Farm-Level Analysis of Risk Management Proposals AgEcon
Babcock, Bruce A.; Hart, Chad E.; Adams, Gary M.; Westhoff, Patrick C..
This paper presents a detailed report of the representative farm analysis (summarized in FAPRI Policy Working Paper #01-00). At the request of several members of the Committee on Agriculture, Nutrition, and Forestry of the U.S. Senate, we have continued to analyze the impacts of the Farmers' Risk Management Act of 1999 (S. 1666) and the Risk Management for the 21st Century Act (S. 1580). Earlier analysis reported in FAPRI Policy Working Paper #04-99 concentrated on the aggregate net farm income and government outlay impacts. The representative farm analysis is conducted for several types of farms, including both irrigated and non-irrigated cotton farms in Tom Green County, Texas; dryland wheat farms in Morton County, North Dakota and Sumner County, Kansas;...
Tipo: Working or Discussion Paper Palavras-chave: Crop insurance; Farm analysis; Representative farm analysis; Revenue; Risk and Uncertainty.
Ano: 2000 URL: http://purl.umn.edu/18389
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THE ECONOMIC POTENTIAL OF VEGETABLE PRODUCTION FOR LIMITED RESOURCE FARMERS IN SOUTH CENTRAL ALABAMA AgEcon
Gan, Jianbang; Kebede, Ellene.
The objective of this study was to evaluate the potential of vegetable production to enhance the declining farm income of limited resource farmers. A survey of 60 limited resource farmers in south central Alabama was undertaken to carry out this evaluation. Results of the survey show that 95% of the farmers had an annual farm income of less than $12,000. Linear programming methodology was applied to perform a whole-farm analysis of a representative farm developed from the data. The overall results show that vegetable production will significantly increase the annual income of these farmers. Some specific conclusions are that: (a) the total return from vegetable production depends on vegetable mixes; (b) vegetable production is labor intensive and...
Tipo: Journal Article Palavras-chave: Enterprise budget; Farm analysis; Farm income; Limited resource farmers; Linear programming; Minimum wage; Vegetable production; Production Economics.
Ano: 1999 URL: http://purl.umn.edu/14681
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