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Southern Agriculture Under The 2002 Farm Bill: A Representative Farms Approach

Author

Listed:
  • Sartwelle, James D., III
  • Tiller, Kelly
  • Richardson, James W.
  • Outlaw, Joe L.
  • Anderson, David P.

Abstract

The 2002 Farm Bill affects economic activity of farms and ranches in the southern United States. Using stochastic simulation techniques, key financial variables were projected for 39 representative farms and ranches in ten southern states. Results indicate 24 of 39 farms studied have more than a 40 percent likelihood of having annual cash flow deficits during the period 2002 through 2007. Results are largely consistent across commodities and between moderate and large size farms in the same geographic area.

Suggested Citation

  • Sartwelle, James D., III & Tiller, Kelly & Richardson, James W. & Outlaw, Joe L. & Anderson, David P., 2003. "Southern Agriculture Under The 2002 Farm Bill: A Representative Farms Approach," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35037, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeatm:35037
    DOI: 10.22004/ag.econ.35037
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    File URL: https://ageconsearch.umn.edu/record/35037/files/sp03sa06.pdf
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    References listed on IDEAS

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    1. Richardson, James W. & Outlaw, Joe L. & Anderson, David P. & Sartwelle, James D., III & Feldman, Paul A. & Schumann, Keith D. & Klose, Steven L. & Schwart, Robert B., Jr. & Zimmel, Peter, 2002. "Representative Farms Economic Outlook for the November 2002 FAPRI/AFPC Baseline," Working Papers 42709, Texas A&M University, Agricultural and Food Policy Center.
    2. Richardson, James W. & Outlaw, Joe L. & Anderson, David P. & Sartwelle, James D., III & Feldman, Paul A. & Schumann, Keith D. & Klose, Steven L. & Schwart, Robert B., Jr. & Zimmel, Peter & Womack, Abn, 2002. "Representative Farms Economic Outlook for the July 2002 FAPRI/AFPC Baseline," Working Papers 42713, Texas A&M University, Agricultural and Food Policy Center.
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    Cited by:

    1. Flanders, Archie & Smith, Nathan & Fonsah, Esendugue & McKissick, John C., 2009. "Simulation Analysis of Double-Cropping Vegetables and Field Crops," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2009, pages 1-10.

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    Keywords

    Agricultural and Food Policy;

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