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A New Approach to Estimating Agricultural Costs of Production

George Hoffman and Cole Gustafson

Journal of Agricultural Economics Research, 1983, vol. 35, issue 4, 6

Abstract: Current concepts and procedures used by the U S Department of Agriculture (USDA) to estimate farm enterprise costs of production are Inadequate for describing economic conditions of various producer groups The 1981 Agriculture and Food Act gives USDA greater flexibility In estimating production costs This article describes new procedures for developing estimates that deal with problems of unrealized farmland capital gains, cash flow, and returns to the resources of Production

Keywords: Agricultural and Food Policy; Demand and Price Analysis; Production Economics (search for similar items in EconPapers)
Date: 1983
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DOI: 10.22004/ag.econ.149043

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