PRODUCER'S PREFERENCE FOR A COTTON FARMER OWNED RESERVE: AN APPLICATION OF SIMULATION AND STOCHASTIC DOMINANCE

The benefits to a typical High Plains cotton farmer from a cotton farmer owned reserve were estimated using a firm-level, income tax and farm policy simulation model. Eighteen farm programs were simulated including twelve variations of a farmer owned reserve using different entry prices and trigger prices. The after-tax net present value distributions for the different farm programs were compared using stochastic dominance. The results indicate that risk averse cotton producers should prefer the 1977 farm program to either a cotton farmer owned reserve or the farm program proposed by Secretary of Agriculture Block.Crop Production/Industries,

A FURTHER LOOK AT THE EFFECT OF FEDERAL TAX LAWS ON OPTIMAL MACHINERY REPLACEMENT

Self-employment taxes, "effective" marginal tax rates, and discounting schemes which allow for alternative purchase and disposal dates of machinery are incorporated into the traditional optimal replacement interval model. Empirical results indicate that these alterations decrease the optimal replacement intervals by up to three years from those obtained with traditional modeling assumptions. Inclusion of self-employment taxes decreases both the penalty attached to early replacement and the net present value (cost) of tractor ownership.Agricultural and Food Policy,

ECONOMIC IMPACTS OF THE 1981 AGRICULTURAL ACT AND THE 1981 TAX ACT ON TEXAS HIGH PLAINS FARMERS

Political Economy,

ENTRY INTO FARMING: THE EFFECTS OF LEASING AND LEVERAGE ON FIRM SURVIVAL

Agribusiness,

Composition of Gray Squirrel Milk

Author Institution: Ohio Division of Wildlife, New Marshfield and Department of Food Science and Nutrition, The Ohio State University, ColumbusMilk was collected from eight female gray squirrels (Sciurus carolinensis) and pooled for analysis, in an effort to determine the best substitute for gray squirrel milk for preweaned young squirrels. The sample, about 2 cc, contained 9.0 percent protein, 12.1 percent fat, 3.0 percent lactose, 1.3 percent ash, 0.36 percent calcium, and 0.45 percent phosphorus. This analysis is similar to that reported for two samples from single specimens. Infra-red spectroscopy was used for a portion of the analysis. This method provides a useful means of analyzing the small quantities (<0.5 ml) of milk obtainable from a variety of small mammals

Direct measurements of light attenuation by epiphytes on eelgrass \u3cem\u3eZostera marina\u3c/em\u3e

Declines in the seagrass Zostera marina L. in estuaries and lagoons have been attributed in part to reductions in irradiance reaching the seagrass blades. Epiphytes growing on Z. marina have the potential to attenuate a large fraction of the light that would otherwise reach the blades. This problem has previously been studied by measuring light penetration through homogenized epiphytic slurries or through glass slides fouled with epiphytes. However, the latter may not represent the natural succession or species composition found on live Z. marina leaves and the former does not preserve the structure of the epiphytic complex. Further, past studies have not measured attenuation across the full range of epiphytic densities found in the field. In this study, we measured light penetration across a wide range of epiphytic densities by holding scraped and unscraped Z. marina blades over a submerged light sensor. Results compared well with past studies at low epiphyte densities, with strong reductions in light penetration as density increased. However, at higher densities, penetration leveled off to a relatively constant value as the epiphytes floated out from the edges of the blade. Studies using slurries did not capture this phenomenon and thus predicted decreasing penetration down to 0%

LOCATION OF A MIXALCO PRODUCTION FACILITY WITH RESPECT TO ECONOMIC VIABILITY

Monte-Carlo simulation modeling is used to perform a feasibility study of alternative locations for a MixAlco production facility. Net present value distributions will be ranked within feasible risk aversion boundaries. If MixAlco is a profitable investment, it would have a major impact on the fuel oxygenate and gasoline markets.Resource /Energy Economics and Policy,

Plant cover, soil temperature, freeze, water stress, and evapotranspiration conditions

There are no author-identified significant results in this report

Plant cover, soil temperature, freeze, water stress, and evapotranspiration conditions

There are no author-identified significant results in this report

AgRISTARS: Early warning and crop condition assessment. Plant cover, soil temperature, freeze, water stress, and evapotranspiration conditions

Emissive (10.5 to 12.5 microns) and reflective (0.55 to 1.1 microns) data for ten day scenes and infrared data for six night scenes of southern Texas were analyzed for plant cover, soil temperature, freeze, water stress, and evapotranspiration. Heat capacity mapping mission radiometric temperatures were: within 2 C of dewpoint temperatures, significantly correlated with variables important in evapotranspiration, and related to freeze severity and planting depth soil temperatures