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The U.S. Geological Survey has determined that irrigation in Arkansas’ Delta is unsustainable. This study examines how irrigation restrictions would affect county net returns to crop production. It also considers the effect of planting less water-intensive bioenergy...
Persistent link: https://www.econbiz.de/10008504240
Farm-level data from Illinois and Kansas for the 1991–2007 crops are used to examine the interaction and overlap among crop revenue insurance, Supplemental Revenue Assistance (SURE), and Average Crop Revenue Election (ACRE). Compared with 75% Crop Revenue Coverage Insurance (75% CRCP),...
Persistent link: https://www.econbiz.de/10008489892
New revenue-based support programs in the 2008 Farm Bill represent a fundamental shift in farm programs and risk management decision-making. However, complexity, uncertainty, economics, and, arguably, an incomplete analysis of the new Average Crop Revenue Election (ACRE) program all contributed...
Persistent link: https://www.econbiz.de/10008489893
This study investigates the determinants affecting producers’ adoption of some Best Management Practices (BMPs). Priors about the signs of certain variables are explicitly accounted for by testing for inequality restrictions through importance sampling. Education, gender, age, and on-farm...
Persistent link: https://www.econbiz.de/10008474531
This study explores the relationship between family/farm characteristics and the probability of exiting burley tobacco farming in Tennessee, North Carolina, and Virginia. Following the termination of the federal tobacco program in 2004, 54% of burley tobacco–growing households in...
Persistent link: https://www.econbiz.de/10008530499