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The Profitability Of Sustainable Agriculture On A Representative Grain Farm In The Mid-Atlantic Region, 1981-89

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Author Info

  • Peters, Steven E.
  • Janke, Rhonda R.
  • Johnson, Dale M.
  • Hanson, James C.

Abstract

A long-term whole-farm analysis compared conventional and low-input farming systems. Data from a nine-year agronomic study at the Rodale Research Farm, Kutztown, Pennsylvania, were used to analyze profitability, liquidity, solvency, and risk on a representative commercial grain farm. Conventional and low-input farms participating in government programs are the most profitable scenarios, followed by conventional and low-input farms not participating in government programs. All farms increased their net worth. The low-input approach is advantageous for risk-averse farmers using a safety-first criterion.

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File URL: http://purl.umn.edu/29033
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Bibliographic Info

Article provided by Northeastern Agricultural and Resource Economics Association in its journal Northeastern Journal of Agricultural and Resource Economics.

Volume (Year): 19 (1990)
Issue (Month): 2 (October)
Pages:

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Handle: RePEc:ags:nejare:29033

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Web page: http://www.narea.org/
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Related research

Keywords: Crop Production/Industries; Environmental Economics and Policy;

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Cited by:
  1. Chen, Xiaomei & Wang, H. Holly & Makus, Larry D., 2007. "Production Risk and Crop Insurance Effectiveness: Organic Versus Conventional Apples," SCC-76 Meeting, March 15-17, 2007, Gulf Shores, Alabama 9381, SCC-76: Economics and Management of Risk in Agriculture and Natural Resources.
  2. Edward Jaenicke, 2000. "Testing for Intermediate Outputs in Dynamic DEA Models: Accounting for Soil Capital in Rotational Crop Production and Productivity Measures," Journal of Productivity Analysis, Springer, vol. 14(3), pages 247-266, November.

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