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Farmland and capital are an important and rapidly expanding component of the agricultural economy, and empirical evidence suggests that these assets are quasi-fixed in that adjustment costs are incurred when holdings are altered. Increased interest in the rate of return for investing in farmland...
Persistent link: https://www.econbiz.de/10008922466
Prairie dogs are burrowing rodents located throughout the United States. The black-tailed prairie dog is a common species that primarily inhabits the Great Plains region, with a large population in Texas. While these animals continue to thrive in many locations, there has been a significant...
Persistent link: https://www.econbiz.de/10009421047
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
This study uses a simulation approach to determine the economic viability of two different production systems in the Texas Southern High Plains. Results show that a traditional cotton monoculture system is more profitable, although integrated cotton/forage/livestock systems require less water.
Persistent link: https://www.econbiz.de/10010914975
Persistent link: https://www.econbiz.de/10010915009
No-till (NT) has been shown to reduce fuel, labor, and machinery costs compared to conventional-till (CT) but very few rice producers in Arkansas practice NT. The low adoption rate is most likely due to difficulties in management but also limited information on the profitability and risk of NT....
Persistent link: https://www.econbiz.de/10008922456
This paper evaluated differences between yields of no-tillage compared to conventional or reduced tillage and their associated downside risk. Six crops were evaluated along with how those yields and risks differed by various environmental factors such geographic location, precipitation, soil...
Persistent link: https://www.econbiz.de/10008922691
Persistent link: https://www.econbiz.de/10008922694
Hunting, fishing and wildlife-associated recreation expenditures have played an important role in the U.S economy and help promote conservation and environmental goals. The 2006 U.S Fish and Wildlife Service (USFWS) survey reported 87.5 million people aged 16 and above participated in...
Persistent link: https://www.econbiz.de/10010915056
This paper examines the introduction of energy cane and switchgrass in the available crops for production in the Louisiana Sugarcane Belt. Employing an optimal crop mix model net returns over variable costs for each county is maximized. Furthermore, this paper determines the optimal processing...
Persistent link: https://www.econbiz.de/10008916122