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

Author

Listed:
  • 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.

Suggested Citation

  • Peters, Steven E. & Janke, Rhonda R. & Johnson, Dale M. & Hanson, James C., 1990. "The Profitability Of Sustainable Agriculture On A Representative Grain Farm In The Mid-Atlantic Region, 1981-89," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 19(2), October.
  • Handle: RePEc:ags:nejare:29033
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    Cited by:

    1. Qirui Li & T. S. Amjath-Babu & Peter Zander & Zhen Liu & Klaus Müller, 2016. "Sustainability of Smallholder Agriculture in Semi-Arid Areas under Land Set-aside Programs: A Case Study from China’s Loess Plateau," Sustainability, MDPI, Open Access Journal, vol. 8(4), pages 1-17, April.
    2. Musser, Wesley N. & Hanson, James C. & Hewitt, Tracy Irwin & Reichelderfer Smith, Katherine & Peters, Steven E., 1996. "A Case Study of Federal Farm Commodity Programs and Sustainable Production Systems," Working Papers 197842, University of Maryland, Department of Agricultural and Resource Economics.
    3. 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.
    4. 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.

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