12 research outputs found

    CHANGING TOBACCO MARKETS: EFFECTS ON BURLEY TOBACCO FARMS

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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 farms are less affected in both scenarios.tobacco, farm-level analysis, representative farms, Tennessee agriculture, Agricultural and Food Policy, Crop Production/Industries,

    POTENTIAL FARM-LEVEL IMPACTS OF PROPOSED FQPA IMPLEMENTATION: THE TENNESSEE CASE

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    This research estimates farm-level impacts of a potential ban on organophosphates and carbamates under the FQPA. Insecticide expenditure and first- and fifth-year yield impacts are estimated for five Tennessee representative farms. Results indicate that within five years, the ban could reduce net farm income on Tennessee farms by 16 to 46 percent.FQPA, organophosphates, carbamates, insecticides, farm-level analysis, Agricultural and Food Policy, Environmental Economics and Policy,

    CHANGING TOBACCO MARKETS: EFFECTS ON BURLEY TOBACCO FARMS

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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 farms are less affected in both scenarios

    Government Program Payment Mechanisms, Crop Revenue Coverage Insurance, and the Return to Farm Land

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    A simulation is used to examine the impact of government farm program and crop revenue coverage insurance on the probability distribution of returns to land. When combined, marketing loan program payments, agricultural market transition act payments, and market loss assistance payments substantially increase the value that risk averse producers place on the residual returns to land. Crop revenue coverage (CRC) insurance was found to have a positive certainty equivalent value for most risk averse producers. However, the risk-reducing effects of current farm program payments substantially reduced the certainty equivalent value of CRC

    The Economic Impacts of Bioenergy Crop Production on U.S. Crop Production

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    In response to energy security concerns, alternative energy programs such as biomass energy systems are being developed to provide energy in the 21st century. For the biomass industry to expand, a variety of feedstocks will need to be utilized. Large scale production of bioenergy crops could have significant impacts on the United States agricultural sector in terms of quantities, prices and production location of traditional crops as well as farm income. Though a number of scenarios were examined to study the impact of bioenergy crop production on the agricultural sector, two cropland scenarios are presented in this report. Under the wildlife management scenario, the analysis indicates that, at 30/dryton(dt)forswitchgrass,30/dry ton (dt) for switchgrass, 31.74/dt for willow and 32.90forpoplar,anestimated19.4millionacresofcropland(8.2millionfromCRP)couldbeusedtoproduce96milliondrytonsofbioenergycropsannuallyataprofitgreaterthantheprofitcreatedbyexistingusesfortheland.Inthisscenario,traditionalcroppricesincreasefrom3percentto9percent(dependingoncrop)andnetfarmincomeincreasesby32.90 for poplar, an estimated 19.4 million acres of cropland (8.2 million from CRP) could be used to produce 96 million dry tons of bioenergy crops annually at a profit greater than the profit created by existing uses for the land. In this scenario, traditional crop prices increase from 3 percent to 9 percent (depending on crop) and net farm income increases by 2.8 billion annually. At 40/dtofswitchgrass,40/dt of switchgrass, 42.32/dt for willow and 43.87/dtforpoplarandassumingtheproductionmanagementscenario,anestimated41.9millionacres(12.9millionfromCRP)couldbeusedtoproduce188milliondrytonsofbiomassannually.Underthisscenario,traditionalcroppricesincreaseby8to14percentandnetfarmincomeincreasesby43.87/dt for poplar and assuming the production management scenario, an estimated 41.9 million acres (12.9 million from CRP) could be used to produce 188 million dry tons of biomass annually. Under this scenario, traditional crop prices increase by 8 to 14 percent and net farm income increases by 6 billion annually

    POTENTIAL FARM-LEVEL IMPACTS OF PROPOSED FQPA IMPLEMENTATION: THE TENNESSEE CASE

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    This research estimates farm-level impacts of a potential ban on organophosphates and carbamates under the FQPA. Insecticide expenditure and first- and fifth-year yield impacts are estimated for five Tennessee representative farms. Results indicate that within five years, the ban could reduce net farm income on Tennessee farms by 16 to 46 percent
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