The future of the Conservation Reserve Program (CRP) will be a pivotal issue in the 1995 farm bill debate. Established under the Food Security Act of 1985, the original objectives of the CRP were to provide a voluntary form of supply control and to reduce soil erosion by retiring highly erodible...

This report summarizes the financial and production records of 18 Michigan tree fruit farms. To be included, the farms must have produced at least 50 percent of gross cash farm income from one or a combination of sales from cherries, apples, and other fruits. The records came from Michigan State...

Prices are a key determinant of financial performance for virtually any business in either the public or private sector, and the Veterinary Teaching Hospital at Michigan State University (MSU-VTH) offers no exception. To achieve consistent success, it is critical that a business understands the...

Genetic information is valuable to livestock producers because its incorporation into their selection decisions results in improved animals. Hedonic models have been developed to value bulls' genetic traits to form a pricing mechanism for semen (Schroeder et al.; Richards and Jeffrey). Harris...

The African Growth Opportunity Act (AGOA) provides preferential access to Africa's products in US markets. While proponents expect that AGOA will expand Africa's exports to the US, opponents argue that such increases are unlikely, particularly regarding agricultural exports. This paper offers...

Michigan, similar to other states in the Great Lakes and Midwest area, entered the farmland preservation arena in the early 1970's in response to a growing concern over the conversion of farmland to non-agricultural uses. Reports indicated that farmland acreage in Michigan was being converted to...

The current research explores the potential to develop a cherry-apple hard cider market as a potential means to increase demand for and the value of Michigan fruit grower's product. Factors affecting both the development of hard cider markets in Michigan and cherry-apple hard cider were...

During the past twenty years, economics has played a key role in technology assessment and policy analysis related to integrated pest management (IPM) practices. The paper reviews economic analysis of IPM as applied to evaluating expected profitability, ex ante and ex post adoption, social...

Links between poverty and natural resource degradation are examined in the context of soil erosion, fertility loss and overgrazing in the Peruvian Altiplano. Multiple regression analysis of 1999 farm survey data examines 1) what agricultural practices affect natural resource degradation, and...

Field Crop Farm Analysis Workbook Goal: For a one-year period, develop an accrual adjusted income statement.