Economically Feasible Crop Production Alternatives to Peanuts in Southwestern Oklahoma
AbstractChanges in the U.S. peanut program have resulted in drastically decreased planted acres and forced many peanut producers in the Southwest to consider alternative crops. This study examined the economic risk associated with producing peanuts and common alternatives to peanuts. Seedless watermelon is an alternative for risk preferring farmers whereas, irrigated peanut is the best choice for risk averse farmers.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida with number 35377.
Date of creation: 2006
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- McCarl, Bruce A., 1988. "Preference Among Risky Prospects Under Constant Risk Aversion," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(02), December.
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- Thurman, Walter N. & Chvosta, Jan & Brown, Blake A. & Rucker, Randal R., 2003. "The End Of Supply Controls: The Economic Effects Of Recent Change In Federal Peanut Policy," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35041, Southern Agricultural Economics Association.
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