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This publication began as a need for a short summary of farm programs and farm bills for two agricultural economics courses focusing on agricultural policy -- ag. economics 429, and ag. economics 614. Over time, it became clear that many students taking these courses had less and less background...
Persistent link: https://www.econbiz.de/10005469037
Recent increases in natural gas and fossil fuel based energy sources have had a negative impact on the financial condition of agricultural producers across the nation. • In addition to higher fuel costs for trucks, equipment, and irrigation motors, the cost of nitrogen fertilizer is closely...
Persistent link: https://www.econbiz.de/10005061109
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 (2002 Farm Bill) on representative crop, dairy, and livestock operations are projected in this report. The analysis was conducted over the 2007-2012 planning horizon using FLIPSIM, AFPC’s whole farm...
Persistent link: https://www.econbiz.de/10005038623
The differences in prices paid and prices received by farmers are examined using cointegration analysis. A Johansen cointegration test between prices paid and prices received revealed that the series were cointegrated. After accounting for technological change, we do not reject a long-run...
Persistent link: https://www.econbiz.de/10005806504
Over the last few years, the production of renewable fuels has increased dramatically. Rising oil prices, limited supplies of fossil fuel, and increased concerns about global warming have created a growing demand for renewable energy sources. Both the ethanol and biodiesel industries have...
Persistent link: https://www.econbiz.de/10005476747
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With the 2005 Energy Bills passage, the production and use of ethanol is set to become an integral component of the transportation fuel market. Undoubtedly, this will affect the transportation fuel and agricultural industries. This paper uses an econometric time series approach to reveal...
Persistent link: https://www.econbiz.de/10005060886
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The Base and Yield Update Option Analyzer (BYA) is a decision support tool for analyzing the economic consequences of the Base Acre and Payment Yield update options in the 2002 farm bill. The BYA is provided by Texas A&M University for educational purposes and is not intended to replace or...
Persistent link: https://www.econbiz.de/10005320762