We provide a general framework for quantifying the effects of genotypic selection prediction accuracy and varying cost ratios of phenotyping to genotyping on the economic performance of genotypic selection relative to traditional phenotypic selection. Economic performance is measured using...

We consider a political economy where government cares about risk-averse farmers’ loss of income and yet incurs political cost if it provides monetary support to farmers. Government evaluates three options: 1) ex-post disaster aid; 2) ex-ante insurance option with perfect information; 3)...

There is growing interest in biomass from perennial grasses (e.g. switchgrass and miscanthus) for bioenergy production because of their high yields, their potential to be grown on low quality land with minimal competition with food crops and, and their ability to achieve significant reduction in...

"Program" yields for individual farmers are utilized in determining the amount of deficiency payments individual farmers receive. They have been frozen since the 1985 Food Security Act (FSA). However, some farm groups are pressing for unfreezing these yields so that actual yields could be...

As part of the cotton forecasting research reported by Hendricks and Huddleston elsewhere in this issue, intensive studies are conducted in an attempt to make more accurate predictions of the quantity of immature fruit on the plants, as of a given date, which will develop to maturity and...

Fruit and nut production in Oregon and other important producing areas is highly commercialized. Sales of many of these commodities are controlled by Federal marketing agreements to provide for orderly marketing of each year's crop. Officers of grower and processor organizations who are charged...

Preharvest production forecasts can be combined with contemporaneous price quotations for futures contracts to estimate demand equations, but the methodology has limitations for estimating structural coefficients An application using data for corn highlights the difficulties The methodology,...

Reports on prospective plantings are designed to aid farmers in deciding among alternative crops before the planting season. In this connection, they are a useful guide only insofar as they assist the farmer in forecasting probable levels of, or changes in, relative prices. Prices during the...