Topic Relevance Foliar diseases often reduce grain yields of winter wheat in the southern Great Plains, with some individual year yield losses in excess of 10%. At current prices, the gross value of these losses for the region could exceed a quarter of a billion dollars annually. Historically,...

The economics of five alternative crop production systems for the Southern Plains winter wheat production region, for both conventional tillage and no-till, for two farm sizes, was determined. Yield data were obtained from a three-year experiment conducted on three farm fields in the region....

A survey of Oklahoma farmers was conducted to determine characteristics of farms across three tillage categories: conventional tillage exclusively; no-till exclusively; other (combination of systems). The seven percent that use no-till exclusively crop more acres, rent more acres, and use more...

Crop rotations are not common in the wheat belt of the Southern Plains. After years of continuous wheat, weeds have become increasingly difficult and expensive to manage. Yield data were elicited from farmers and used to determine if canola-wheat-wheat rotations are economically competitive with...

Dual-purpose winter wheat (fall-winter forage plus grain) production is an important economic enterprise in the southern Great Plains. Grazing termination to enable grain production is a critical decision. The objective is to determine the optimal grazing termination date for dual-purpose wheat....

Average producer practice reveals that the expected returns are greater from dual-purpose wheat grown for both forage and grain than for grain-only wheat. Variety trials report an 11 bushel per acre yield advantage and hence economic advantage for grain-only. Research was conducted to reconcile...

Capital budgeting decisions faced by tart cherry producers often challenge our traditional valuation techniques. Real Options Valuation (ROV) methods may be useful but assumptions of existing ROV approaches are restrictive and, in some cases, unrealistic. In this paper we assert that use of...

The 2002 Farm Act allowed farm owners to update base acres for direct payments (DPs) and counter-cyclical payments (CCPs) and to update yields for counter-cyclical payments. A minority, about 40 percent, of the 1.9 million enrolled farms choose to update their base acres using 1998-2001...

The impact of new manure management regulations depends on the willingness of crop producers to accept manure. A contingent valuation analysis of crop producers was used to estimate the willingness of crop producers to accept or pay for manure. Results indicate that producers will pay a positive...

A translog stochastic cost frontier is estimated to calculate cost efficiency index (CEI) of 203 Kenyan and Ugandan maize producers using survey data from 2003. Results show a mean CEI of 1.95, with greater inefficiency among farms in Kenya of medium-large size. Key sources of inefficiency are...