Projecting Net Incomes for Texas Crop Producers
Chris Eggerman
Broschiertes Buch

Projecting Net Incomes for Texas Crop Producers

An Application of Probabilistic Forecasting

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Revision with unchanged content. Policy changes directly affect profitability for Texas crop producers as govern ment payments make up a sizeable portion of their net farm income (NFI), but an economic model projecting NFI for Texas crops previously did not exist. Developed in the Agricultural & Food Policy Center at Texas A&M Uni versity, the Texas crop model estimates state-level price, yields and produc tion costs to project annual NFI for the state s corn, cotton, peanut, rice, sorghum, wheat and hay producers. Food & Agricultural Policy Research Institute (FAPRI) projections of U.S. varia...