The resurgence of interest in ethanol production has also prompted interest in Texas. Projected net present values for ethanol plant investment are well below zero for corn based ethanol plants, but are positive for sorghum. Sensitivity analysis indicates relatively small increases in ethanol...

Ethanol production in 15, 30, and 80 million gallon per year production plants are analyzed at various subsidy levels. The results indicate that removing per plant subsidy limits allows reduced total state subsidy expenditures. This action takes advantage of the economies of scale inherent in...

This paper provides a comparison of successful and financially distressed producers based on the data from more than 400 individualized financial analyses. These objective variables are combined with subjective observations of management styles and attitudes to provide unique identification of...

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...

The 2002 Farm Bill affects economic activity of farms and ranches in the southern United States. Using stochastic simulation techniques, key financial variables were projected for 39 representative farms and ranches in ten southern states. Results indicate 24 of 39 farms studied have more than a...

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,...