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Panhandle Model Farms: Case Studies of Texas High Plains Agriculture

Author

Listed:
  • Jones, Diana L.
  • Baros, Jonathan R.
  • Klose, Steven L.

Abstract

In an effort to facilitate communication between agricultural producers and their local officials, the Texas AgriLife Extension Services' risk-management specialists and county agricultural agents developed region-specific model farms through the FARM assistance program. Financial and Risk Management (FARM) Assistance is a highly specialized Extension effort aimed at helping farmers and ranchers with strategic planning and risk management. The program is a computerized decision-support simulation model that uses both farm-level information supplied by participating producers and market price forecasts from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri. It provides a ten-year financial forecast of the individual farm or ranch. Additional work has focused on identifying the characteristics of successful versus struggling producers.

Suggested Citation

  • Jones, Diana L. & Baros, Jonathan R. & Klose, Steven L., 2011. "Panhandle Model Farms: Case Studies of Texas High Plains Agriculture," Journal of Food Distribution Research, Food Distribution Research Society, vol. 42(1), March.
  • Handle: RePEc:ags:jlofdr:139305
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