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Flue-Cured Tobacco Allotment Values And Uncertainty, 1934-1962

Author

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  • Seagraves, James A.
  • Manning, Richard C.

Abstract

This bulletin presents estimates of the annual net income from flue-cured tobacco production and the value of tobacco allotments in the "New Belt" of Eastern North Carolina from the beginning of supply control to 1962. When the prices received and net revenues per pound are converted to constant dollars, it is noted both tobacco price and net revenue have been relatively constant over time.

Suggested Citation

  • Seagraves, James A. & Manning, Richard C., 1967. "Flue-Cured Tobacco Allotment Values And Uncertainty, 1934-1962," Department of Economics and Business - Archive 259726, North Carolina State University, Department of Economics.
  • Handle: RePEc:ags:ncbuar:259726
    DOI: 10.22004/ag.econ.259726
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    File URL: https://ageconsearch.umn.edu/record/259726/files/magr-northcarolinastate-144.pdf
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    References listed on IDEAS

    as
    1. Chumney, W. T. & Vermeer, James, 1962. "Costs of Crop Production, by Size of Farm, Central Cotton-Tobacco Area of North Carolina," Agricultural Economic Reports 307161, United States Department of Agriculture, Economic Research Service.
    2. Paul R. Johnson, 1965. "The Social Cost of the Tobacco Program," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(2), pages 242-255.
    3. Donald E. Farrar, 1962. "The Investment Decision Under Uncertainty: Portfolio Selection," Journal of Finance, American Finance Association, vol. 17(4), pages 671-672, December.
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    Cited by:

    1. Williams, Fred E., 1983. "The Market Value Of Flue-Cured Tobacco Quota," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(1), pages 1-5, July.
    2. Seagraves, J.A. & Williams, Fred E., 1981. "Returns To Investors In Flue-Cured Tobacco Allotments 1975-1980," Department of Economics and Business - Archive 259739, North Carolina State University, Department of Economics.
    3. Bradford, Garnett L. & Toussaint, W.D., 1970. "Labor Requirements In Conventional Production Of Flue-Cured Tobacco: Their Relationship To Plants, Suckers, Harvested Leaves And Pounds Per Acre," Department of Economics and Business - Archive 259732, North Carolina State University, Department of Economics.
    4. Reinsel, Robert D. & Krenz, Ronald D., 1972. "Capitalization of Farm Program Benefits into Land Values," Miscellaneous Publications 324159, United States Department of Agriculture, Economic Research Service.

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