Genetically modified (GM) cotton varieties have changed many aspects of cotton production in the United States. The advent of GM varieties has fueled the ongoing trend of increasing farm size and fewer farmers. Mississippi is no exception to this trend. The rapid adoption of GM cotton varieties...

Beef producers must decide what to do with a cow that fails to conceive during the breeding season. Keeping the open cow results in a years expenses without any revenue. Replacing the open cow with a bred heifer provides immediate revenue although it will take a few years before the heifer...

Genetically modified (GM) cotton varieties have changed many aspects of cotton production in the United States. The rapid adoption of GM cotton varieties in Mississippi has allowed producers to alter certain production practices because of added benefits gained from GM varieties. This study...

The 2002 Farm bill presents farmers with many different combinations of options for signup. Choosing the wrong option can be expensive for a farmer. This paper uses a dataset of actual farms to calculate the potential revenue lost from choosing a non-optimal option.

Many retiring farmers will need to use their land equity to provide a retirement income. Based on a present value analysis, retiring farmers may either decide to sell or lease their land. The analysis is needed because taxes, liability issues, and goals of the farmer complicate the decision.

The recent drop in gross income from lower commodity prices has not lowered cash rental rates. Farmers may continue paying current cash rents because of machinery considerations and because of their expectations about future prices. Kentucky farm-level data is used to examine net income under...

Not presented at conference. Deleted by authors 1/16/07.

This paper uses Federal LandBank Data to examine loan characteristics and farm financial characteristics. Given that farm financial characteristics and loan interest rates can change, this paper examines if current farm financial characteristics can predict the current loan interest rate. In...

A stochastic simulation model is used to simulate crop revenues net of farm policy and crop insurance costs. Certainty equivalent analysis is used to rank farm policy and crop insurance alternatives for varying levels of risk aversion.