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| Knutson, Ronald D.; Smith, Edward G.; Anderson, David P.; Richardson, James W.. |
| This paper investigates the farm-level impacts of the 1996 farm bill on the South. Focus group perceptions of risk sources, observed acreage changes, and the farm-level impact of increased price risk are evaluated. Focus group respondents ranked price and yield as the two most important sources of risk, and diversification was ranked highly as a risk-management tool. Limited data suggest that acreage shifts among crops are occurring in the South, presumably aided by the 1996 farm bill. Higher probabilities of cash flow deficits are estimated for cotton and rice relative to feedgrain, wheat, and oilseed operations. |
| Tipo: Journal Article |
Palavras-chave: Acreage shifts; Income risk; Policy risk; Risk perception; Agricultural and Food Policy. |
| Ano: 1998 |
URL: http://purl.umn.edu/15101 |
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| Susanto, Dwi; Rosson, C. Parr, III; Hudson, Darren. |
| This study analyzes the potential impacts of expanded ethanol production on southern agriculture. Results of regression analysis suggest that acreage planted for field crops (corn, cotton, soybeans, and wheat) is inelastic with respect to relative prices. The results provide statistical evidence of potential significant acreage shifts favoring corn over cotton, soybeans, and wheat. Simulations indicate that higher corn prices will increase corn acreage, but the South continues to be a deficit corn region. U.S. corn production is capable of supplying domestic demand for ethanol, feed for livestock and poultry, and other uses, while maintaining exports at more than 2 billion bushels annually. |
| Tipo: Journal Article |
Palavras-chave: Acreage shifts; Corn exports; Ethanol production; Southern agriculture; Agribusiness; Environmental Economics and Policy; Production Economics; Research and Development/Tech Change/Emerging Technologies; Q11; Q42. |
| Ano: 2008 |
URL: http://purl.umn.edu/47200 |
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