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I know that each crop has a different rate of return. I'm interested in valuation methods and sources both in general, and for specific crops (and livestock).

2006-12-05 09:30:29 · 1 answers · asked by Harry C 1 in Social Science Economics

1 answers

"No one can predict the future exactly, but agricultural economic analysis can assist farmers by identifying trends that might continue. "
...
"The analysis involved a time-path "forecast" framework, which is really a set of trend extrapolations, to address agricultural profitability. It focused on three key areas:

real product prices received by producers
crop yields per acre,
real costs of production per acre "

"For each price and yield draw, we can calculate the net return per acre to the farm."
http://www.card.iastate.edu/iowa_ag_review/fall_03/article3.aspx

2006-12-07 21:55:32 · answer #1 · answered by Apolo 6 · 0 0

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