THE EFFECT OF THE 2002 FARM BILL ON CROP ENTERPRISE SELECTION IN THE SOUTHEAST REGION

Todd D. Davis, Curtis, Charles E.,, George A. Shumaker and Nathan B. Smith

No 35207, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: A stochastic simulation model is used to generate one thousand cash market prices and yields for corn, soybeans, wheat, cotton, and peanuts. A Target MOTAD model using the stochastic data determined the risk-efficient crop-mix for alternative price and yield expectations. Results suggest increased peanut production in the Southeast region.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 20
Date: 2003
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35207

DOI: 10.22004/ag.econ.35207

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