This report is a companion to FAPRI-UMC Report #09-06, which contains the sector level results of the wheat policy options requested by Senators Crapo and Baucus, and Representatives Musgrave and Pomeroy. The Agricultural and Food Policy Center (AFPC) has completed a farm level analysis of five...

The call for school finance reform has threatened to modify or possibly remove the current property and sales and use tax exemptions currently benefiting Texas cotton producers. This study utilizes a whole farm simulation model to evaluate the economic and financial impact of three alternative...

The majority of the cotton farms are in poor overall financial condition under the August 2006 Baseline. Drought conditions this year will deplete cash built from more favorable yields in 2004 and 2005 in many cases. In addition, the poor financial performance of the farms is attributed in part...

With the current federal farm bill set to expire at the end of September this year, many proposals have been made to redesign the next bill. The objectives of this study are to compare the current policy with major proposed alternatives and estimate the potential payments of farmers under each...

Replaced with revised version of paper 11/24/08.

Under the December 2006 Baseline, 25 of the 65 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash in 2011). Five crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash. The remaining 35 crop farms have...

The President has called for a $6.96 billion savings in expenditures to agriculture over a five year period. A budget reconciliation is required to achieve these targeted savings from farm bill authorized expenditures. This study uses optimal control theory and farm level simulation to quantify...

This briefing paper provides a farm level evaluation of the November 2005 USTR Doha Round proposal on 102 U.S. representative crop and livestock farms. This report is a companion to FAPRI-UMC Report #17-05.

Revenue-based policy alternatives are thought to be a potential component of the 2007 Farm Bill. This research provides an economic analysis of switching to a revenue assurance farm program for representative farms. Specifically, this research provides a monte-carlo stochastic simulation model...

The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative Texas cotton operations are projected in this report. The analysis was conducted over the 2001-2007 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate...