Long-Run Average Cost Curves were developed for 18 Federal irrigation districts indicating in general constant cost industry. Conclusions were that InteriorÂ’s acreage limitation policy would cause no appreciable loss in economic efficiency nor an increase in food costs. Implementation of...

The usefulness of FCIC multiple peril crop insurance on diversified, irrigated, high yielding farms in the Imperial Valley is examined. Production data and expected price and yield distributions were collected from thirty-two farm managers in 1982. Individual whole-farm net income distributions...

Delivery rights to a cooperative's marketing pool can take on a value independent of the members' equity share under certain conditions. Based on anecdotal information, transferable delivery rights become valuable when the pool is fixed in size (closed), members are protected from exploitation...