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South Dakota State University

1987

Agricultural economics

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Full-Text Articles in Life Sciences

Cost Of Production And Net Returns For Alternative Farming Systems In Northeastern South Dakota: 1986 And "Normalized" Situations, Thomas Dobbs, Lyle A. Weiss, Mark G. Leddy Jul 1987

Cost Of Production And Net Returns For Alternative Farming Systems In Northeastern South Dakota: 1986 And "Normalized" Situations, Thomas Dobbs, Lyle A. Weiss, Mark G. Leddy

Economics Research Reports

This report is a product of the initial year of research under South Dakota State University (SDSU) Agricultural Experiment Station Project H-076. entitled "Economics of Farming Systems Alternatives in Eastern South Dakota". The overall objective of this research project is to determine the economic practicality in eastern South Dakota of "alternative" farming systems which may entail less use of chemical fertilizers. pesticides. and herbicides than do "conventional" systems. The initial step in achieving that overall objective is to make preliminary estimates of crop enterprise and farming system costs and returns. We have done this for two sets of farming systems …


Cross- Sectional Modeling Of Agricultural Land Markets- What Can It Tell Us? - South Dakota Case Study Results., Larry Janssen Jan 1987

Cross- Sectional Modeling Of Agricultural Land Markets- What Can It Tell Us? - South Dakota Case Study Results., Larry Janssen

Economics Research Reports

Economists have long been interested in determinants of farmland prices. This interest has been heightened by large and contrasting changes in farmland market prices in the 1970's and 1980's. U.S. nominal farmland prices trended steadily upward from 1940-1972, soared upward 1972-1981 and have been declining since then. Percentage declines have been most severe in the Cornbelt and Northern Plains states (USDA, 1985). Two major econometric approaches (time series and cross-sectional models) have been and continue to be used by economists to analyze farmland price determining factors.