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Economic Evaluation Of Potential Changes In Farm Program Price Support For Typical Louisiana Rice And Cotton Farming Operations, Manuel E. Aldana
Economic Evaluation Of Potential Changes In Farm Program Price Support For Typical Louisiana Rice And Cotton Farming Operations, Manuel E. Aldana
LSU Master's Theses
Increased government deficit has led the congress to reduce federal spending. Proposed budget cuts are intended to decrease government spending in several areas, including agriculture. Reductions in farm program spending could cause significant adverse effects on the financial situation of many farms, particularly to rice and cotton enterprises, due to their high reliance on farm program payments as a source of income. Representative rice and cotton operations of one, two, three, and four entities as single crop enterprises were considered and developed for use in this study. Farm enterprise sizes were determined by estimating the acreage level at which a …