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Registros recuperados: 57
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An Economic Examination of Potential Ethanol Production in Texas AgEcon
Outlaw, Joe L.; Anderson, David P.; Klose, Steven L.; Richardson, James W.; Herbst, Brian K.; Waller, Mark L.; Raulston, J. Marc; Sneary, Shannon L.; Gill, Robert Chope, II.
Tipo: Report Palavras-chave: Agribusiness; Agricultural and Food Policy; Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/42707
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Analysis of the Economic Viability for Representative Wheat Farms Given Alternative Farm Policies Proposed by the National Association of Wheat Growers AgEcon
Richardson, James W.; Raulston, J. Marc; Knapek, George M.; Outlaw, Joe L..
This report is a companion to FAPRI-UMC Report #09-06, which contains the sector level results of the wheat policy options requested by Senators Crapo and Baucus, and Representatives Musgrave and Pomeroy. The Agricultural and Food Policy Center (AFPC) has completed a farm level analysis of five alternative policy options on the economic viability of 13 representative wheat farms located across the United States. The results of the analysis are compared to a continuation of the current farm program over the 2006-2013 planning horizon, however, the policy alternatives are assumed to begin in 2008/09.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42099
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Does Crop Insurance Reduce the Need for Cash Reserves in Savings Accounts? AgEcon
Raulston, J. Marc; Richardson, James W.; Outlaw, Joe L.; Knapek, George M..
One of the most fundamental and traditional risk management tools available to agricultural producers is a savings account. Cash reserves in savings provide a safety net for producers, allowing financial obligations and living expenses to be met when unexpected shortfalls in income occur. Crop insurance, another risk management tool, likely reduces the cash reserves required to be held in savings as it aids in mitigating risks ranging from total disasters to uncertainties in market conditions. This study utilizes a stochastic farm level simulation model in a representative farm framework to evaluate the impacts of alternative crop insurance scenarios on levels of savings necessary to maintain target ending cash reserve numbers for producers in major...
Tipo: Conference Paper or Presentation Palavras-chave: Crop Insurance; Multiple Peril Crop Insurance; Crop Revenue Coverage; Stochastic Simulation; Representative Farm; Agricultural and Food Policy; Farm Management; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/56413
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Economic Impact of a Proposed AGI Means Test on Representative Crop Farms AgEcon
Richardson, James W.; Outlaw, Joe L.; Raulston, J. Marc.
The Administration has proposed revising the AGI means test for eligibility to farm program payments. The 2002 farm bill excludes producers from farm program payments (CCP, DP, and MLG/LDP) if their average adjusted gross income (AGI) for three preceding years exceeds $2.5 million and less than 75% of their AGI comes from farming, ranching or forestry operations. The revised means test would reduce the AGI cut-off to $200,000 and repeal the 75% exclusion. The purpose of this report is to estimate the impacts of the AGI proposal on average annual government payments and real net worth in 2014 for representative crop farms. The AFPC maintains a data base of 64 representative commercial family farms in major production regions across the United States. The...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/42087
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Economic Outlook for Representative Cotton Farms Given the August 2003 FAPRI/AFPC Baseline AgEcon
Raulston, J. Marc; Richardson, James W.; Outlaw, Joe L.; Anderson, David P.; Herbst, Brian K.; Feldman, Paul A.; Schumann, Keith D.; Klose, Steven L.; Sartwelle, James D., III.
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative cotton farms are projected in this report. The analysis was conducted over the 2001-2007 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major cotton production regions came from two sources: - Producer panel cooperation to develop economic information to describe and simulate representative cotton farms. - Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) August 2003 Baseline. The primary objective of the analysis is to determine the farms’ economic viability by region through the life of the 2002 Farm...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/42693
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Economic Outlook for Representative Cotton Farms Given the August 2004 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Raulston, J. Marc; Sartwelle, James D., III; Herbst, Brian K.; Klose, Steven L.; Zimmel, Peter.
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative cotton farms are projected in this report. The analysis was conducted over the 2001-2008 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate cotton operations in the nation’s major production regions came from two sources: - Producer panel cooperation to develop economic information to describe and simulate representative cotton farms. - Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) August 2004 Baseline. The primary objective of the analysis is to determine cotton farms’ economic viability by region through the life of the 2002 Farm Bill....
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/42676
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Economic Outlook for Representative Cotton Farms Given the August 2005 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Raulston, J. Marc; Knapek, George M.; Feldman, Paul A..
The Agricultural and Food Policy Center (AFPC) at Texas A&M University develops and maintains data to simulate eighteen representative cotton operations in major production areas of seven states. The chief purpose of this analysis is to project those farms’ economic viability for 2005 through 2009. The data necessary to simulate the economic activity of these operations is developed through ongoing cooperation with panels of agricultural producers in each of these states. The Food and Agricultural Policy Research Institute (FAPRI) provided projected prices, policy variables, and input inflation rates in their August 2005 Baseline. Under the August 2005 Baseline, only the moderately sized Tennessee cotton farm (TNC1900) and Louisiana cotton farm...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/42106
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Economic Outlook for Representative Cotton Farms Given the August 2006 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Raulston, J. Marc.
The majority of the cotton farms are in poor overall financial condition under the August 2006 Baseline. Drought conditions this year will deplete cash built from more favorable yields in 2004 and 2005 in many cases. In addition, the poor financial performance of the farms is attributed in part to the large increase in input prices. Fuel costs, previously projected to decrease modestly in 2005 and 2006, are now more accurately depicted as significant increases, building further on the large increases experienced in 2003 and 2004. The increase in cost is not limited to fuel expense for trucks, equipment, and irrigation motors, but includes the cost of nitrogen fertilizer and ag-related services which are closely linked to energy prices. Many cotton...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42097
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Economic Outlook for Representative Cotton Farms Given the August 2007 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Raulston, J. Marc.
Projected crop prices for FAPRI’s August 2007 Baseline are summarized in Table 1. In general, crop price projections tend to be higher than they were in recent baselines. Soybean and rice price projections increased most substantially. Individual crop prices are projected to move as follows: • Corn prices start at $3.10/bu in 2007, reach a high of $3.38/bu in 2008, and decline to $3.25/bu by 2012. • Wheat prices spike to $5.11/bu in 2007, and return to a range of $4.19/bu to $4.32/bu for the remainder of the planning horizon. • Cotton prices are now expected to peak at $0.6116/lb in 2009, and then stay above $0.5900/lb through 2012. • Rice prices are expected to remain above $9.00/cwt throughout the planning horizon, peaking at $9.90/cwt in 2007. • Sorghum...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/37980
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Economic Outlook for Representative Dairies Given the August 2006 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Herbst, Brian K.; Raulston, J. Marc.
While projected milk prices are a primary determinant of the financial viability of the representative dairies, the prices of feed crops and cattle prices can also have an impact. Most of the dairies produce hay, silage, and other crops and are often net buyers. Commodity prices have a major impact on dairy returns because feed represents the number one cost for dairies. With the recent increase in demand for corn, prices are projected to increase, potentially affecting rations and feed costs.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42091
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Economic Outlook for Representative Dairies Given the August 2007 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Herbst, Brian K.; Raulston, J. Marc.
While projected milk prices are a primary determinant of the financial viability of the representative dairies, the prices of feed crops and cattle prices can also have an impact. Most of the dairies produce hay, silage, and other crops and are often net buyers. Commodity prices have a major impact on dairy returns because feed represents the number one cost for dairies. With the recent increase in demand for corn, prices are projected to increase, potentially affecting rations and feed costs. Projected milk and livestock prices for FAPRI’s August 2007 Baseline are presented in Table 1. In general, milk prices are projected to decrease each year from 2007 though 2012 after the large increase in price from 2006 to 2007. Cattle prices are expected to...
Tipo: Working or Discussion Paper
Ano: 2007 URL: http://purl.umn.edu/37978
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Economic Outlook for Representative Ranches Given the August 2006 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Fumasi, Roland J.; Raulston, J. Marc.
The Agricultural and Food Policy Center (AFPC) at Texas A&M University develops and maintains data to simulate twelve representative cow/calf operations in major production areas of ten states. The chief purpose of this analysis is to project those ranches’ economic viability for 2006 through 2011. The data necessary to simulate the economic activity of these operations is developed through ongoing cooperation with panels of ranchers in each of these states. The Food and Agricultural Policy Research Institute (FAPRI) provided projected prices, policy variables, and input inflation rates in their August 2006 Baseline that were used to analyze the viability of the AFPC representative ranches. Under the August 2006 Baseline, the Montana ranch (MTB500),...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42092
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Economic Outlook for Representative Ranches Given the August 2007 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Fumasi, Roland J.; Raulston, J. Marc.
While projected cattle prices are considered to be the primary determinant of the financial viability of the representative ranches, the prices of feed crops and bi-products can also have an impact. The ranches produce hay and are often net buyers or net sellers. At least two of the ranches retain ownership through the backgrounding stage and feed some concentrates. The smaller Missouri ranch produces a number of grain and oilseed crops, and the smaller Texas ranch also raises broilers. Additionally, crop prices have an impact on fed cattle returns, which impacts feeder cattle prices. Projected livestock prices for FAPRI’s August 2007 Baseline are presented in Table 1. In general, beef cattle prices are projected to decline each year from 2008 though 2012,...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/37979
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Economic Outlook for Texas Representative Cotton Farms Given the August 2003 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Raulston, J. Marc; Anderson, David P.; Sartwelle, James D., III; Feldman, Paul A.; Schumann, Keith D.; Herbst, Brian K.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative Texas cotton operations are projected in this report. The analysis was conducted over the 2001-2007 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in Texas’ major cotton production regions came from two sources: - Producer panel cooperation to develop economic information to describe and simulate representative cotton farms. - Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) August 2003 Baseline. The primary objective of the analysis is to determine the farms’ economic viability by region through the life of the 2002 Farm...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/42685
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Economic Outlook for the Texas Representative Cotton Farms Given the August 2005 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Raulston, J. Marc; Knapek, George M.; Feldman, Paul A..
The Agricultural and Food Policy Center (AFPC) at Texas A&M University develops and maintains data to simulate eleven representative cotton operations in major production areas across Texas. The chief purpose of this analysis is to project those farms’ economic viability for 2005 through 2009. The data necessary to simulate the economic activity of these operations is developed through ongoing cooperation with panels of agricultural producers throughout the state. The Food and Agricultural Policy Research Institute (FAPRI) provided projected prices, policy variables, and input inflation rates in their August 2005 Baseline. Under the August 2005 Baseline, none of the Texas representative cotton farms are classified in good liquidity condition (less than...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/42107
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EFFECTS OF EMPHASIZING DECOUPLED VERSUS COUPLED POLICY TOOLS IN THE 2002 FARM BILL AgEcon
Knapek, George M.; Outlaw, Joe L.; Anderson, David P.; Sartwelle, James D., III; McCorkle, Dean A.; Raulston, J. Marc.
The 1996 and 2002 farm bills moved government support toward decoupled tools rather than support coupled to production and/or prices. This paper analyzes whether areas with more production risk would prefer decoupled or coupled support. The results indicate areas with more yield risk would prefer decoupled payments and vice versa.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2003 URL: http://purl.umn.edu/35083
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Farm Level Evaluation of the U.S. Doha Round Proposal on U.S. Representative Crop and Livestock Farms AgEcon
Outlaw, Joe L.; Richardson, James W.; Knapek, George M.; Raulston, J. Marc; Anderson, David P.; Herbst, Brian K.; Sartwelle, James D., III; Feldman, Paul A.; Klose, Steven L..
This briefing paper provides a farm level evaluation of the November 2005 USTR Doha Round proposal on 102 U.S. representative crop and livestock farms. This report is a companion to FAPRI-UMC Report #17-05.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/42104
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Farm Level Impacts of a Revenue Based Policy in the 2007 Farm Bill AgEcon
Higgins, Lindsey M.; Richardson, James W.; Outlaw, Joe L.; Raulston, J. Marc.
Revenue-based policy alternatives are thought to be a potential component of the 2007 Farm Bill. This research provides an economic analysis of switching to a revenue assurance farm program for representative farms. Specifically, this research provides a monte-carlo stochastic simulation model that compares the effect of a revenue based safety net policy relative to continuing the 2002 Farm Bill policies for different types of U.S. crop farmers. The results show that both revenue assurance proposals by the National Corn Growers Association leave the majority of farmers, especially feed grain producers, with higher total receipts and higher government payments.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2007 URL: http://purl.umn.edu/9957
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Farm Level Projections of the Impacts of Payment Limitations: Revised AgEcon
Richardson, James W.; Outlaw, Joe L.; Raulston, J. Marc; Herbst, Brian K.; Anderson, David P..
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/42696
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Impact of Alternative Property and Sales Tax Policies on Texas Representative Cotton Farms AgEcon
Raulston, J. Marc; Outlaw, Joe L.; Richardson, James W.; Klose, Steven L.; Sartwelle, James D., III.
The call for school finance reform has threatened to modify or possibly remove the current property and sales and use tax exemptions currently benefiting Texas cotton producers. This study utilizes a whole farm simulation model to evaluate the economic and financial impact of three alternative sales and/or property tax policy changes on Texas cotton farms along with their respective landowners. Results indicate that removing sales tax exemptions would most adversely impact producers, while removing property tax exemptions has a more negative effect on landowners.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/42137
Registros recuperados: 57
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