A Yield Sensitivity Analysis of Conventional and Alternative Whole-Farm Budgets for a Typical Northeast Kansas Farm

Penelope L. Diebel, Richard Von Llewelyn () and Jeffery R. Williams

No 118165, Staff Papers from Kansas State University, Department of Agricultural Economics

Abstract: This analysis compares net returns of conventional and alternative agricultural cropping systems in northeast Kansas, with and without government commodity programs. The highest net return is consistently from the alternative system, wheat/clover-sorghum-soybeans. Sensitivity analysis reveals that the economic performances of the alternative systems are sensitive to yield penalties.

Keywords: Agricultural Finance; Farm Management (search for similar items in EconPapers)
Date: 1993-06
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