SIMULATING THE IMPACT OF INPUT-PRICE INFLATION ON FARM INCOME

Farm Management,

U.S. AGRICULTURAL OUTLOOK UPDATE AND PROJECTIONS FOR THE WEST TO 1985 AND 2000

Farm Management,

Analysis of Ieast Cost Roughage Systems for Dairy Cattle in the Oklahoma City Milkshed

Agricultural Economic

Excess Capacity and Adjustment Potential in U.S. Agriculture

Recursive aggregate demand and supply functions are used to simulate the ability of the farm sector to adjust during the 1970's to three policy alternatives. Different output demand elasticities and shifts in the supply and demand for farm output were assumed. Within reasonable bounds, agriculture could remain economically viable during the 1970's under policies diverting about 6 percent of potential output. An average of 6 percent was diverted from the market by Government productiqn centroI, storage, and subsidized exports in 1962-69. Returning to a free market immediately or by 1980 would place severe financial strain on the farm sector

Agricultural Productivity: Expanding the Limits

The growth rate for U.S. agricultural productivity through the year 2000 may equal the historical rate if research and extension (R & E) investment increases and unprecedented technologies develop. The level of public expenditures in agricultural R & E is the single most important policy variable in determining growth rates. The most promising new technologies are photosynthesis enhancement (formation of plant carbohydrates through exposure to light), bioregulators (compounds which promote ripening or prolong shelf life) in crop production, and twinning in beef cattle production