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This study examined sustained competitive advantage for a sample of Kansas farms. Whole-farm data for 224 farms with continuous data from 1982-2001 were used. Overall efficiency was computed for each farm and year. Sixty farms exhibited a sustained competitive advantage. Seventy-six farms...
Persistent link: https://www.econbiz.de/10005803105
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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...
Persistent link: https://www.econbiz.de/10005327171
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