Relatively low crop prices over the past two years, as well as regional weather adversity, has been the catalyst for the passage of "ad hoc" emergency relief. This paper examines the economic and financial status of 41 representative panel farms over the 1999-2002 period. When forecasting...

Five-year, 0-1 mixed integer programming models of two representative Alabama farms were developed for analyzing the effects of the Boll Weevil Eradication (BWE) program on farm program participation and crop-mix decisions by Alabama cotton farmers. In previous research the BWE program was found...

Increasingly, interdisciplinary research is being touted as a way to solve real-life problems of interest to the taxpayers who support research at public universities. The purpose of this paper is to examine the benefits of interdisciplinary agricultural research involving economists and natural...

The competitive position of three warm-season turf species commonly grown in the South (bermudagrass, centipedegrass, and zoysiagrass) is evaluated for a farm with 100 acres available to allocate to turfgrass-sod production. A multiperiod linear programming model is used to determine optimal...

The widespread use of personal computers and spreadsheet models for feasibility studies makes risk-based Monte Carlo simulation analysis of proposed investments a relatively simple task. Add-in simulation packages for Microsoft® Excel can be used to make spreadsheet models stochastic. Rather...