The levels and risk-free nature of rice market transition payments associated with the FAIR Act of 1996 have encouraged many rice landowners to reconsider their tenure contracts. A methodology for comparing landowners' decision to "self-operate" versus "rent to a tenant" is presented.

Higher commodity price expectations have led to increases in cash lease rates nationwide. This study evaluates the farm level impacts of higher cash lease rates. Current levels of cash rents along with land tenure arrangements of specific farms are instrumental in determining the impacts of...

This report analyzes whether H.R. 2646 may provide economic incentives for landlords to end current land tenure arrangements with tenants and take over management (and government payments) associated with their land. This work is a followup to Briefing Paper 01-9, Representative Farm Analysis of...

Many groups have discussed with alarm the impact of agricultural land conversion to non-agricultural uses. This research indicates little evidence that beef cow inventory has been negatively affected by land fragmentation. Average acres per transaction, total transactions, or a fragmentation...

The Administration has proposed revising the AGI means test for eligibility to farm program payments. The 2002 farm bill excludes producers from farm program payments (CCP, DP, and MLG/LDP) if their average adjusted gross income (AGI) for three preceding years exceeds $2.5 million and less than...

A Monte Carlo simulation model was constructed to analyze the economic feasibility of growing algae as a renewable fuel source. Increasing growth rates, pond water depth, oil content, and facility size are important for ensuring the economic viability of a commercial algae facility.

We estimate the effect of lifting the fruit and vegetable cropping restriction on cropping preference in the Lower Rio Grande Valley, using a stochastic simulation model and Stochastic Efficiency analysis. Results suggest that, based on risk-adjusted net returns, lifting the cropping restriction...

In anticipation of the new farm bill, seventeen representative rice farms from six different rice-producing states have been analyzed to compare the continuation of the FAIR Act provisions with the House proposal, H.R. 2646. Each farm was simulated assuming each policy would be in place for the...