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This paper examines the profit maximizing share arrangement for both landlords and tenants producing grain in the Texas High Plains (based on risk preference), and determines whether the results are affected by input costs and market prices. Results of the analyses show that tenants and...
Persistent link: https://www.econbiz.de/10004989129
The 2002 Farm Bill provided the one time opportunity to update base acres and counter-cyclical payment yields to more closely reflect their current crops, rotations and yield levels. This paper discusses the available options and provides case study examples to illustrate the complexity of this...
Persistent link: https://www.econbiz.de/10005522209
Explaining the details and the impacts of government program provisions to agricultural producers can be a challenge for extension educators. This paper introduces a visual interactive tool that demonstrates the calculations of government payments established in the 2002 farm bill. Additionally,...
Persistent link: https://www.econbiz.de/10005038896