Recent trend depicts that tomatoes and tomatoes products rank 2nd most important vegetable crop in the United States after potatoes and potatoes products contributing 20 percent of total vegetable production. More-so, tomato is equally ranked 2nd in the United States in terms of production...

The parameters of yield response functions can vary by year. Past studies usually assume yield functions are nonstochastic or ‘limited’ stochastic. In this study, we estimate rye-ryegrass yield functions where all parameters are random. Optimal nitrogen rates are calculated for two yield...

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...

The “Family Smoking Prevention and Tobacco Control Act” was signed into law on June 22, 2009. The bill grants the Federal Food and Drug Administration (FDA) an authority to regulate the manufacturing and marketing of tobacco products. Tobacco leaf is not subject to the regulation. As a...

With the 2009 milk prices still fresh on everyone’s mind, there has been increased interest in ways to limit milk price volatility. Using SERF, this paper determined some dairies are willing to pay for limited milk price volatility and found a value they are willing to pay using risk premiums.

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

Multiple studies have estimated factors influencing cover crop adoption which include control weed population (Ngouajio et al. 2002), increased soil health (Santhi Wicks and Richard Howitt, 2005), and increased productivity (Johannes M. S. Scholberg, Santiago Dogliotti, Lincoln Zotarelli, Corey...

This research evaluates the effects of the key changes that took place in the design of Class III milk pricing within Federal Milk Marketing Orders (FMMOs) on milk price behavior and dairy farm profitability over three milk pricing regimes: Minnesota-Wisconsin price series (1960s – 1995),...

This study evaluates factors affecting the participation of small socially disadvantaged producers in federal and state cost-share programs. Data were collected from a survey of 100 producers in 21 Kentucky counties. Results suggest education, age, and farm size had significant influence on...

We analyze the factors influencing farmer’s diversification decisions while taking into account the simultaneous decision making. Using a national data on farm-level in the US and a multivariate analysis, our study suggests that agricultural, structural, environmental, and income...