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Three representative Tennessee tobacco farms are used to estimate farm-level impacts of (1) program continuation with further quota cuts, and (2) program elimination in 2000. Results indicate that program elimination has more potential to reduce farm income and that larger and more diversified...
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Using a stochastic version of the POLYSYS modeling framework, an examination of projected variability in agricultural prices, supply, demand, stocks, and incomes is conducted for corn, wheat, soybeans, and cotton during the 1998-2006 period. Increased planting flexibility introduced in the 1996...
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Whether the next farm bill is a slightly modified extension of the 1996 Farm Bill or is significantly different from the current bill will hinge on how the 1996 Farm Bill is perceived to have performed. With no supply management provisions in the 1996 Farm Bill, the crop markets have not shown a...
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Livestock feed demand is a collection of derived feed demands by various livestock categories. A structural understanding of demand for feed grains and total concentrates requires knowledge of separate feed demand relationships for each major livestock category. While a number of aggregate...
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