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Changes and trends in farm productivity have been of intense interest to many involved with agriculture. This study used data envelopment analysis (DEA) to estimate the output-oriented Malmquist total factor productivity (TFP) index from panel data for 1993-2006 for farms in Southern Minnesota....
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When all strategies received conventional market prices, 4-year cropping sequences had greater net returns than 2-year sequences, and the organic input, 4-year strategy had the highest net return. Adding 50% of the estimated organic premium, the 4-year, organic strategy dominated all low- and...
Persistent link: https://www.econbiz.de/10005503642
The U.S. consumption pattern of livestock products has changed considerably and is expected to keep changing. The first part of this paper reviews the consumption trends and the price and nonprice factors affecting those trends. In the second part, future consumption patterns are projected. The...
Persistent link: https://www.econbiz.de/10005338629
This study employs a dynamic continuous time model to calculate farm and total farm/financial/off-farm investment portfolios. Data are from the Southwestern Minnesota Farm Business Management Association records. Results are derived for classes of farms sorted by farm profitability. It is shown...
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With the current federal farm bill expired as of the end of September this year, many proposals have been made to redesign the next bill. The objective of this study is to compare the current policy with major proposed alternatives by estimating the potential payments for 17 example farms in...
Persistent link: https://www.econbiz.de/10005061139