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Under the December 2006 Baseline, 25 of the 65 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash in 2011). Five crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash. The remaining 35 crop farms have...
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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...
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The objective of this study is to demonstrate the benefits of quantifying the economic viability of a proposed agribusiness under risk relative to a feasibility study which ignores risk. To achieve this objective, the economic viability of a 50 MMGPY ethanol facility in Texas is analyzed over a...
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Eight Texas High Plains cotton farms, ranging in size from 189 acres to 5,570 acres, were simulated under six alternative farm program provisions to determine the likely structural impacts of these programs. The results indicate mid-size farms benefit more from farm programs than either small or...
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