The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) introduces several significant changes to farm commodity legislation. While these changes impact all program commodities, they have prompted considerable concern for the future of the Texas grain industry. Changes in the farm...

The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) introduces several significant changes to farm commodity legislation. While these changes impact all program commodities, they have prompted considerable concern for the future of the Texas cotton industry. Changes in the farm...

The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) introduces several significant changes to farm commodity legislation. While these changes impact all program commodities, they have prompted considerable concern for the future of the Texas rice industry. Changes in the farm...

The high levels of government payments to farmers resulting from the 1985 farm bill have once again led the Congress to examine the payment limit issue. Payment limits were initially established in 1970 and have since been revised several times. In this report, policy and farm management...

E-V studies traditionally have relied on historical data to calculate returns and variance. Historical data may not fully reflect current conditions, particularly when decisions involve government-supported crops. This paper presents a method for calculating mean and variance using...

On the Texas High Plains, water from the Ogallala aquifer is used to supplement irrigation requirements, since annual rainfall is below 20.5 in/ year. This study addresses land and water demand by testing the effects of water costs, crop prices, and technology on water use and crop production...

This analysis focuses on four policy options, based on national formulas where implications are examined for varying levels of loan rates and base AMTA payment rates.

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...