Representative Farms Economic Outlook for the December 2004 FAPRI/AFPC Baseline

The Agricultural and Food Policy Center (AFPC) at Texas A&M University develops and maintains data to simulate 103 representative crop and livestock operations in major production areas in 29 states. The chief purpose of this analysis is to project those farms' economic viability for 2004 t...

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Bibliographic Details
Published in:Policy File 2004
Main Authors: Outlaw, Joe L, Richardson, James W, Herbst, Brian K, Anderson, David P, Sartwelle, James D, Raulston, J Marc, Feldman, Paul, Schumann, Keith, Klose, Steven L, Schwart, Robert B, Zimmel, Peter
Format: Report
Language:English
Subjects:
Agricultural and Food Policy Center, Texas A and M University
Agriculture
Economic policy
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Summary:The Agricultural and Food Policy Center (AFPC) at Texas A&M University develops and maintains data to simulate 103 representative crop and livestock operations in major production areas in 29 states. The chief purpose of this analysis is to project those farms' economic viability for 2004 through 2009. The data necessary to simulate the economic activity of these operations is developed through ongoing cooperation with panels of agricultural producers in each of these states. The Food and Agricultural Policy Research Institute (FAPRI) provided projected prices, policy variables, and input inflation rates in their December 2004 Baseline.