The balance sheet of agriculture, 1959
The farm slump continues
The century's final year was one of frustration for U.S. agriculture - certainly not the way the industry had hoped to close the millennium. Farmers took pride> in their productivity, turning out the fourth bin-busting crop in a row and more red meat and poultry than ever before. But the big production collided with a still sluggish world market, holding down farm commodity prices. Still, farm income held up well above the average for the past decade, due to another big financial assistance package from Washington.> The farm slump will likely continue in the year ahead, although prospects for ...
Rust never sleeps
Asian soybean rust could create a make or break year for district farmers
Can agriculture end its slump in 2000
Less promising... the 1980 outlook for agriculture
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Supplies and prices of agricultural commodities
The farm slump eases
Another big package of government financial aid cushioned the farm slump in 2000 but did little to lift agriculture's spirit. Overall, the industry's major financial indicators stayed remarkably healthy. Farmers delivered more red meat and poultry to supermarkets than ever before, and strong consumer demand in the robust U.S. economy boosted livestock prices and profits. But another big crop swamped still sluggish global markets, and weak crop prices held down farm incomes. In the end, help from Washington propped up the industry's financial indicators for the third consecutive year.> Barkema ...
Farm production expenses holding steady
Off-farm labor supply and fertilizer use
I develop a two-period stochastic dynamic programming model to explain the interaction between fertilizer use and off-farm labor supply. Using a well-known sample of Indian farmers, I find that fertilizer use responds strongly to the village wage and that irrigation raises fertilizer use, while larger farmers use less fertilizer (per acre) than smaller ones. Response to one-sided production shocks, is stronger for female labor, indicating that it is more important for smoothing consumption than male labor.