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Economic Survivability of Mississippi Rice Farms: A Deterministic Simulation Approach

Published online by Cambridge University Press:  05 September 2016

Michael E. Salassi ,
Bobby R. Eddleman  and
James G. Hamill
Michael E. Salassi
Affiliation:
National Economics Division, Economic Research Service, USDA
Bobby R. Eddleman
Affiliation:
Texas A&M University Agricultural Research and Extension Center, Corpus Christi, Texas
James G. Hamill
Affiliation:
Department of Agricultural Economics, Mississippi State University
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Abstract

This study evaluates the economic survivability of rice farms in the Delta area of Mississippi. A general whole-farm simulation model, FLIPSIM V, is used to simulate the operations of representative rice farms over a 10-year period. Although farm size did not change for any of the representative farms considered, the financial structure of these farms changed considerably. Crop mix was found to cause significant differences in the economic growth and financial viability of rice farms in the region.

Keywords

ricerepresentative farmeconomic growthwhole-farm simulation
Type
Submitted Articles
Information
Journal of Agricultural and Applied Economics , Volume 19 , Issue 2 , December 1987 , pp. 163 - 173
Copyright
Copyright © Southern Agricultural Economics Association 1987

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