The Impact of Rising Energy Costs on Representative Farms

J. Marc Raulston, George M. Knapek, James Richardson (), Joe Outlaw and Henry L. Bryant

No 42108, Briefing Series from Texas A&M University, Agricultural and Food Policy Center

Abstract: Recent increases in natural gas and fossil fuel based energy sources have had a negative impact on the financial condition of agricultural producers across the nation. • In addition to higher fuel costs for trucks, equipment, and irrigation motors, the cost of nitrogen fertilizer is closely linked to energy prices and has also increased significantly. • This study quantifies the impacts of these increases on the economic viability of representative farms located throughout the United States for the years 2005 and 2006.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 10
Date: 2005-10
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Persistent link: https://EconPapers.repec.org/RePEc:ags:tamfbs:42108

DOI: 10.22004/ag.econ.42108

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