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Please use this identifier to cite or link to this item: http://purl.umn.edu/15407

Title: LONG-TERM PLANNING OF A LIVESTOCK-CROP FARM UNDER GOVERNMENT PROGRAMS
Authors: Kouka, Pierre-Justin
Duffy, Patricia A.
Taylor, C. Robert
Keywords: Farm programs
Dynamic programming
Livestock
Issue Date: 1994-07
Abstract: Optimal crop and livestock mix was determined for a representative Alabama farm using a dynamic programming model. Results indicate that decisions concerning livestock production are highly influenced by the amount of cotton base available on the farm. In most cases, increasing cotton base results in less cattle production. The triple base provisions of the 1990 Farm Bill, however, may give some cotton farmers an incentive to produce more stocker cattle during the winter months. Research results also indicate that the availability of farm programs can alter the optimal enterprise mix on a farm with no beginning base in cotton.
URI: http://purl.umn.edu/15407
Institution/Association: Journal of Agricultural and Applied Economics>Volume 26, Number 01, July 1994
Total Pages: 12
Language: English
From Page: 275
To Page: 286
Collections:Volume 26, Number 01, July 1994

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