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Economically Feasible Crop Production Alternatives to Peanuts in Southwestern Oklahoma

Shankar Devkota, Rodney Holcomb, Merritt J. Taylor and Francis Epplin ()

No 35377, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association

Abstract: Changes in the U.S. peanut program have resulted in drastically decreased planted acres and forced many peanut producers in the Southwest to consider alternative crops. This study examined the economic risk associated with producing peanuts and common alternatives to peanuts. Seedless watermelon is an alternative for risk preferring farmers whereas, irrigated peanut is the best choice for risk averse farmers.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 24
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaso:35377

DOI: 10.22004/ag.econ.35377

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