This paper investigates the extent to which an active agricultural policy directed to the return and/or the variability of return in farming that is understood and anticipated, where the political process creates parameter uncertainty and noise about the precise timing of reform, influences the...

This paper analysis the effects of farmer characteristics, farm structure and farm performance on farm renewal and farm growth. The data set used in this research consists of panel data from the Dutch Farm Accountancy Data Network of farms specialized in plant production extended with a data...

A national interregional linear programming model of U.S. agriculture is used to evaluate and compare two conventional and three organic production alternatives. The objective is to estimate the effects on production, supply prices, land use, farm income, and export potential, of a complete...

This paper applies growth optimization with downside protection as a portfolio selection technique. The model is based on power-log utility functions that combine portfolio growth maximization with the behavioural tenets of prospect theory. We use three assets (a farm return index, a stock...

In the Southeastern Association the average accrual net farm income in 1996 was $67,579 for the 61 farms included in this report. The decrease is due to lower inventory levels since the increase in gross cash income was higher than the increase in total cash farm expenses. Even though this is a...

The effect of marketing uncertainty due to consumer opposition over genetically modified (GM) grain is modeled in the context of a producer's decision to plant GM. The model shows that a tendency to plant less GM acreage and obtain premium prices for Non-GM grain is tempered by increased price risk.

Since its first detection in the North Central region in July 2000, the soybean aphid (Aphis glycines Matsamura) has caused considerable loss in soybean (Glycine max L.) yield, bean quality, and producer income. Discovered first in Wisconsin and then in adjoining states, it is currently...