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Cost of Production System Budgets

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  • Paul D. Mitchell

Abstract

The Resource and Environmental Policy (REP) Division of CARD needed accurate cost of production system (COPS) budgets to integrate into its existing environmental modeling system. Cost and Returns Estimator (CARE) crop budgets were reorganized and modified to create a unique COPS budget for each rotation, tillage, and irrigation combination in every Agricultural Sector Model (ASM) region in the 12-state area encompassing the Corn Belt, Lake States, and Northern Plains. These consistent budgets allow comparison across the study region and provide cost of production data for environmental and agricultural policy analysis.

Suggested Citation

  • Paul D. Mitchell, 1997. "Cost of Production System Budgets," Center for Agricultural and Rural Development (CARD) Publications 97-tr37, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:97-tr37
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    Cited by:

    1. GR Pautsch & LA Kurkalova & BA Babcock & CL Kling, 2001. "The Efficiency Of Sequestering Carbon In Agricultural Soils," Contemporary Economic Policy, Western Economic Association International, vol. 19(2), pages 123-134, April.
    2. Brethour, Cher & Mussell, Al & Mayer, Holly & Martin, Larry J., 2002. "Agronomic, Economic And Evironmental Impacts Of The Commercial Cultivation Of Glyphosate Tolerant Soybeans In Ontario: Final Report," Miscellaneous Publications 18102, George Morris Center.
    3. Kurkalova, Lyubov A. & Kling, Catherine L. & Zhao, Jinhua, 2001. "The Subsidy For Adopting Conservation Tillage: Estimation From Observed Behavior," 2001 Annual meeting, August 5-8, Chicago, IL 20542, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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