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This research assessed the economic effect of corn-based fuel ethanol production on agriculture and the state economy in Alabama. The results showed that in the short run a 15 million gallon per year plant will be profitable. This will have farm income and a multiplier affect in the rest of the...
Persistent link: https://www.econbiz.de/10005526005
The majority of farm households in OECD countries earn more off-farm income than farm income, even including government payments. While this is a well recognized fact its implications for risk management have not been well recognized. Current efforts to reform farm support have focused on the...
Persistent link: https://www.econbiz.de/10009645944
Farmland values have increased rapidly over the last decade in response to high incomes for crop farmers and inordinately low interest rates. Farmers have responded to these conditions by bidding up the price of good cropland. In addition, the long period of increasing land values, since the...
Persistent link: https://www.econbiz.de/10011070630
The farm problem is a longstanding topic in agricultural economics, and farm organizations continue to press claims that they are disadvantaged and deserve public support. While society may choose to support farmers it is clear that existing farm programs to not do an effective job of providing...
Persistent link: https://www.econbiz.de/10005513729
Aggregate farm income is the standard measure of farm household economic well-being. In Canada farm groups have used a multi-year decline in one measure of farm income - realized net income, to press for increased financial transfers. In the first part of the paper income data is reviewed to...
Persistent link: https://www.econbiz.de/10005468858