OLD SERA35: Delta Region Farm Management and Agricultural Policy Working Group

(Multistate Research Coordinating Committee and Information Exchange Group)

Status: Inactive/Terminating

Project Menu

SAES-422 Reports

Annual/Termination Reports:

[09/22/2016] [01/08/2018] [07/05/2018] [02/20/2020] [09/28/2020]

Date of Annual Report: 09/22/2016

Report Information

Annual Meeting Dates: 05/25/2016 - 05/27/2016
Period the Report Covers: 10/01/2015 - 09/30/2016

Participants

Robert Boucher – Louisiana State University
Kelly Bryant – University of Arkansas
Tyler Knapp – University of Arkansas
Becky Cross – NASS
Michael Deliberto – Louisiana State University
Esmerelda Dickson – NASS
Larry Falconer – Mississippi State University
Archie Flanders – University of Arkansas
Gail Gillis – Mississippi State University
Brian Hilbun – Louisiana State University
Tyler Mark – University of Kentucky
Michael Salassi – Louisiana State University
Shaun Tanger – Louisiana State University
James Henderson – Mississippi State University
Ben Martin – University of Kentucky
Jessica Richard – University of Kentucky
Ranjit Mane – University of Arkansas
Bob Stark – University of Arkansas
Brad Watkins – University of Arkansas
Reuben Moore – Mississippi State University

Brief Summary of Minutes

SERA35 - Delta States Farm Management Group Presentations

Thursday, May 26

Welcome and Introductions – Michael Salassi

Economic Analysis of Premium Efficiency and Rewind Motors: Energy Savings and Increased Efficiency for Arkansas Row Crop Producers - Ranjit Mane, Bred Watkins and Chris Henry – University of Arkansas

Procedures Used to Calculate Property Taxes for Forestland in Mississippi - James Henderson and Ian Munn – Mississippi State University

Stocks-To-Use Ratios and Factors of Equilibrium Price Determination for Corn, Soybeans and Wheat - Archie Flanders – University of Arkansas

Return on Investment in On-Farm Storage Reservoirs: A Landscape Perspective - Tyler Knapp and Kent Kovacs – University of Arkansas

Estimation of Fungicide Cost for Rice Production in the United States - Brad Watkins and Ranjit Mane – University of Arkansas

Using Case Farms to Illustrate Risk Reduction Provided by Crop Insurance and Price Risk Tools for Western Kentucky Grain Farms - Tyler Mark, Todd Davis and Johnathan Shepherd – University of Kentucky

Grain Dryer Investment Analysis Decision Aid - Jeremy Jack and Larry Falconer – Mississippi State University

Farm Machinery Financing Options - Michael Deliberto – Louisiana State University

Update on Current USDA-NASS Activities - Becky Cross – Delta Regional NASS Office

SERA Directors Communication - Reuben Moore – Mississippi State University

Accomplishments

The SERA35 group engaged in formal presentation and discussion of current farm management research and extension activities in each of the states represented.  Formal topics of discussion included: economic irrigation efficiency, estimation of property taxes on forestland, equilibrium market price determination of major row crops, economic investment in on-farm reservoirs, comparative fungicide costs in rice production, use of crop insurance as a risk management tool, economics of grain drying, available options for farm machinery financing, and an update on current USDA-NASS activities.  Informal discussion focused on refinement of enterprise budget generation and the availability of input market prices.

Publications

Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Corn Production in Louisiana, 2016, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 311, January 2016. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Cotton Production in Louisiana, 2016, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 312, January 2016. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Rice Production in Louisiana, 2016, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 313, January 2016. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Sorghum Production in Louisiana, 2016, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 314, January 2016. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Soybeans Production in Louisiana, 2016, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 315, January 2016. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Sugarcane Production in Louisiana, 2016, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 316, January 2016. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Wheat Production in Louisiana, 2016, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 317, January 2016. Deliberto, Michael A., and Michael E. Salassi, Projected 2016 Rice Farm Cash Flow Model, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, Staff Report No. 2016-01, January 2016. Deliberto, Michael A, Brian M. Hilbun and Michael E. Salassi, 2016 Projected Sugarcane Production Farm Costs and Returns Model, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, Staff Report No. 2016-02, January 2016. CORN, GRAIN SORGHUM &WHEAT 2016 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2015-03, October 2015 COTTON 2016 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2015-01, October 2015 DELTA 2016 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2015-05, October 2015 NON-DELTA 2016 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2015-06, October 2015 PEANUTS 2016 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2015-07, October 2015 RICE 2016 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2015-04, October 2015 SOYBEANS 2016 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2015-02, October 2015 2016 Crop Enterprise Budgets for Arkansas Field Crops Planted in 2016, University of Arkansas

Impact Statements

The basic goal of this activity is to foster increased communication and collaboration among agricultural economists in the mid-South working in the area of farm management. Impacts of this effort result in better information and analysis of issues impacting farm finances being made available to producer clientele groups in the region.

Date of Annual Report: 01/08/2018

Report Information

Annual Meeting Dates: 05/24/2017 - 05/26/2017
Period the Report Covers: 10/01/2016 - 09/30/2017

Participants

Michael Salassi - Louisiana State University
Michael Deliberto - Louisiana State University
Brian Hilbun - Louisiana State University
Ranjit Mane - University of Arkansas
Tyler Mark - University of Kentucky
Jessica Richard - University of Kentucky
Kent Kovacs - University of Arkansas
Yefan Nian - University of Arkansas
Gail Gillis - Mississippi State University
Brad Watkins - University of Arkansas
Kelly Bryant - University of Arkansas
Larry Falconer - Mississippi State University
Robert Stark - University of Arkansas
Archie Flanders - University of Arkansas
John Westra - University of Nebraska

Brief Summary of Minutes

Welcome and Introductions – Michael Salassi

(1.) Economic Analysis of Arkansas Foundation Seed - R. Mane and B. Watkins

(2.) Influence of Surface Water Infrastructure Investment on Crop Mix and Groundwater Conservation - Kovacs, K. Adams, and A. Durand-Morat

(3.) Status of the Use of Irrigation Practices in Arkansas - Nian, C. Henry, Q. Huang, and K. Kovacs

(4.) Economic Analysis of a 5-Year Study of Corn and Soybean Crop Residue Management and Tillage Strategies in Mississippi - L.L. Falconer, N.W. Buehring, and M.W. Ebelhar

(5.) How Grower Input Drives Farm Program Decision Tool Development - M. Deliberto

(6.) Policy and Production Economics Interactions in Mid-South Soybeans - R. Stark

(7.) Commodity Price Analysis for the 2018 Farm Bill - A. Flanders

(8.) Economics of Potassium Use in Soybeans and Rice - J. Richard, K. Bryant, and T. Mark

(9.) MarketMaker and MarketReady Programs in Louisiana’s Farm to School Program - J. Westra

(10.) Economic Comparison of Rice Cultivars under Conventional and Organic Management - B. Watkins

Accomplishments

The SERA35 group engaged in formal presentation and discussion of current farm management research and extension activities in each of the states represented.  Formal topics of discussion included: economic analysis of Arkansas Foundation Seed Program, surface water infrastructure investment on crop mix and groundwater conservation, use of irrigation practices in Arkansas, eonomic analysis of corn and soybean crop residue management and tillage strategies in Mississippi, grower input in farm program decision tool development, policy and production economics interactions in Mid-South soybeans, commodity price analysis for the 2018 Farm Bill, eonomics of potassium use in soybeans and rice, MarketMaker and MarketReady Programs in Louisiana’s Farm to School Program, and economic comparison of rice cultivars under conventional and organic management.

Publications

Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Corn Production in Louisiana, 2017, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 318, January 2017. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Cotton Production in Louisiana, 2017, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 319, January 2017. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Rice Production in Louisiana, 2017, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 320, January 2017. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Sorghum Production in Louisiana, 2017, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 321, January 2017. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Soybeans Production in Louisiana, 2017, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 322, January 2017. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Sugarcane Production in Louisiana, 2017, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 323, January 2017. Deliberto, Michael A., Brian M. Hilbun and Michael E. Salassi, Projected Costs and Returns Crop Enterprise Budgets for Wheat Production in Louisiana, 2017, LSU Agricultural Center, Dept. of Agricultural Economics and Agribusiness, A.E.A. Information Series No. 324, January 2017. CORN, GRAIN SORGHUM & WHEAT 2017 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2016-03, October 2016 COTTON 2017 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2016-01, October 2016 DELTA 2017 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2016-05, October 2016 NON-DELTA 2017 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2016-06, October 2016 PEANUTS 2017 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2016-07, October 2016 RICE 2017 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2016-04, October 2016 SOYBEANS 2017 PLANNING BUDGETS, Mississippi State University, Department of Agricultural Economics, Budget Report 2016-02, October 2016 2017 Crop Enterprise Budgets for Arkansas Field Crops Planted in 2017, University of Arkansas

Impact Statements

1. The basic goal of this activity is to foster increased communication and collaboration among agricultural economists in the mid-South working in the area of farm management. Impacts of this effort result in better information and analysis of issues impacting farm finances being made available to producer clientele groups in the region.

Date of Annual Report: 07/05/2018

Report Information

Annual Meeting Dates: 05/23/2018 - 05/25/2018
Period the Report Covers: 10/01/2017 - 09/30/2018

Participants

John Westra - University of Nebraska
Michael Deliberto - Louisiana State University
Brian Hilbun - Louisiana State University
Kent Kovacs - University of Arkansas
Gail Gillis - Mississippi State University
Ranjit Mane - University of Arkansas
Brad Watkins - University of Arkansas
Kelly Bryant - University of Arkansas
Luke Parsch - Univeristy of Arkansas
Robert Stark - University of Arkansas
Karli Moore - University of Arkansas

Brief Summary of Minutes

Meeting Agenda:

Welcome and Introductions

(1.) Economics of Rice Drying - Michael Deliberto

(2.) The Long Run Effectiveness of Efficient Irrigation Practices for Profitability and Groundwater Conservation in the Arkansas Delta - Kent Kovacs and Kerr Adams

(3.) Marginal Cost of Carbon Abatement through Afforestation of Agricultural Land in the Mississippi Delta - Karli Moore and Kent Kovacs

(4.) Application of Environmental Clustering in Crop Insurance - Ranjitsinh Mane, Prahlad Jat, Bradley Watkins and Jarrod Hardke

(5.) Estimation of Irrigation Water Use Efficiencies in Arkansas Rice Production Using Data Envelopment Analysis - Brad Watkins, Chris Henry, Jarrod Hardke, Ranjitsinh Mane, Ralph Mazzanti,

and Ron Baker

(6.) Agricultural Economics Extension Programming in Nebraska: Responding to Emerging Issues - John Westra

(7.) Mozambique Experience: UA Service Learning Project - Luke Parsch

Accomplishments

The SERA35 group engaged in formal presentation and discussion of current farm management research and extension activities in each of the states represented.  Formal topics of discussion included: economics of rice drying, effectiveness of efficient irrigation practices for profitability and groundwater conservation, marginal cost of carbon abatement through afforestation of agricultural land , application of environmental clustering in crop insurance, estimation of irrigation water use efficiencies, agricultural economics extension programming, as well as a presentation on the Mozambique UA Service Learning Project.

Publications

Projected Costs of Returns Crop Enterprise Budgets for Wheat Production in Louisiana, 2018 – Louisiana State University Agricultural Center. Projected Costs of Returns Crop Enterprise Budgets for Sugar Production in Louisiana, 2018 – Louisiana State University Agricultural Center. Projected Costs of Returns Crop Enterprise Budgets for Soybean Production in Louisiana, 2018 – Louisiana State University Agricultural Center. Projected Costs of Returns Crop Enterprise Budgets for Sorghum Production in Louisiana, 2018 – Louisiana State University Agricultural Center. Projected Costs of Returns Crop Enterprise Budgets for Rice Production in Louisiana, 2018 – Louisiana State University Agricultural Center. Projected Costs of Returns Crop Enterprise Budgets for Cotton Production in Louisiana, 2018 – Louisiana State University Agricultural Center. Projected Costs of Returns Crop Enterprise Budgets for Corn Production in Louisiana, 2018 – Louisiana State University Agricultural Center. Corn, Grain Sorghum and Wheat 2018 Planning Budgets – Mississippi State University. Cotton 2018 Planning Budgets – Mississippi State University. Delta 2018 Planning Budgets – Mississippi State University. Non-Delta 2018 Planning Budgets – Mississippi State University. Rice 2018 Planning Budgets – Mississippi State University. Soybean 2018 Planning Budgets – Mississippi State University. Peanuts 2018 Planning Budgets – Mississippi State University. 2018 Crop Enterprise Budgets for Arkansas Field Crops Planted in 2018 – University of Arkansas.

Impact Statements

The basic goal of this activity is to foster increased communication and collaboration among agricultural economists in the mid-South working in the area of farm management. Impacts of this effort result in better information and analysis of issues impacting farm finances being made available to producer clientele groups in the region.

Date of Annual Report: 02/20/2020

Report Information

Annual Meeting Dates: 09/26/2019 - 09/27/2019
Period the Report Covers: 10/01/2019 - 09/30/2020

Participants

Michael Deliberto - Louisiana State University
Brian Hilbun - Louisiana State University
Gail Gillis - Mississippi State University
Ranjit Mane - University of Arkansas
Brad Watkins - University of Arkansas
Robert Stark - University of Arkansas
Naveen Adusumilli - Louisiana State University
Hua Wang - Louisiana State University
Evan Gregory - Mississippi State University
Lawson Connor - Louisiana State University
Eugene Young - USDA-NASS
Kathy Broussard - USDA-NASS
Michael Salassi - Louisiana State University

Brief Summary of Minutes

Meeting Agenda

9:00-9:10 Welcome and Introductions – Michael Salassi

9:10-9:30 (1.) Conservation Incentive Evaluation Under Risk Framework

Naveen Adusumilli and Hua Wang – Louisiana State University

9:30-9:50 (2.) Green Acres: A Study on the Determinants of Cropland Values in Mississippi Evan Gregory – Mississippi State University

9:50-10:10 (3.) Comparisons Across Soybean Production Systems Using 2019 Arkansas Enterprise Budgets and Sensitivity Analysis

Robert Stark, Jr., - University of Arkansas at Monticello

10:10-10:30 (4.) Impacts of Arkansas Rice Foundation Seeds Sales on Arkansas Rice Planted Acres Brad Watkins – University of Arkansas

10:30-10:40 Break

10:40-11:00 (5.) Economic Analysis of Row Rice Production System

Ranjit Mane – University of Arkansas at Pine Bluff

11:00-11:20 (6.) Crop Insurance in the Mid South

Lawson Connor – Louisiana State University

11:20-11:40 (7.) 2017 Census of Agriculture

Eugene Young and Kathy Broussard - NASS

Accomplishments

The SERA35 group engaged in formal presentation and discussion of current farm management research and extension activities in each of the states represented.  Formal topics of discussion included: conservation incentive programs, cropland values, soybean production costs, rice foundation seed sales, row rice production, crop insurance and the 2017 Census of Agriculture.

Publications

Impact Statements

The basic goal of this activity is to foster increased communication and collaboration among agricultural economists in the mid-South working in the area of farm management. Impacts of this effort result in better information and analysis of issues impacting farm finances being made available to producer clientele groups in the region.

Date of Annual Report: 09/28/2020

Report Information

Annual Meeting Dates: 09/24/2020 - 09/25/2020
Period the Report Covers: 09/30/2019 - 09/28/2020

Participants

Michael Deliberto - Louisiana State University
Brian Hilbun - Louisiana State University
Ranjit Mane - University of Arkansas
Robert Stark - University of Arkansas
Hua Wang - Louisiana State University
Evan Gregory - Mississippi State University
Lawson Connor - Louisiana State University
Eugene Young - USDA-NASS
Kent Kovacs - University of Arkansas
Bailey Peterson-Wilhelm - University of Arkansas
Digvijay Mohite - University of Arkansas
Brian Mills - Mississippi State University
Larry Falconer - Mississippi State University
J. F. Meullenet
John Westra - University of Nebraska
Esmerelda Dickson - USDA-NASS

Brief Summary of Minutes

Call to Order, Mike Deliberto, Chairman, DRFMG, Louisiana State University Agricultural Center

Self-Introduction of Members

Project Status in the National Information Management and Support System (NIMSS)

Expiration of current DRFMG project on September 30, 2020

New five-year DRFMG project proposal submitted (May 2020); pending review
Update your project participation Appendix ‘E’; please use the following NIMSS project identification:
S_tempSERA35: Delta Region Farm Management and Agricultural Policy Working Group (10/01/2020-09/30/2025)

Applied Agricultural Economic Research and Extension Presentations:

1. Farm Budget Implications of Dicamba Ruling, Evan Gregory, Mississippi State University
2. Influence of Lateral Flows in an Aquifer on the Agricultural Value of Groundwater, Kent Kovacs, University of Arkansas
3. The Economic and Environmental Benefits of The Rice Checkoff Program in Arkansas, Bailey Peterson-Wilhelm, University of Arkansas
4. Big Data Ownership: Issues and Concerns for Different Stakeholders, Digvijay Mohite, Ranjitsinh Mane, and Prahlad Jat, University of Arkansas at Pine Bluff
5. Economics of Irrigation Water Management (IWM) Tools for Rice Producers in Arkansas, Danielle Reed, Ranjitsinh Mane, Chris Henry, and Brad Watkins, University of Arkansas at Pine Bluff and University of Arkansas
6. Crop Insurance: Rating and Evaluation, Lawson Connor and Rajan Dhakal, Louisiana State University
7. Assessing Whole Farm Risk via Alternative Enterprise Selection, Mike Deliberto, Louisiana State University

Adjourn

Accomplishments

The SERA35 group engaged in formal presentation and discussion of current farm management research and extension activities in each of the states represented.  Formal topics of discussion included:alternative enterprise production costs assoiicated with dicamba soybean and cotton production systems, water aquifer flows and economic valuation,  rice checkoff program estiamtion and impact, big data ownership, risk and rteturns of alternative enterprise selection, and crop insurance.

Publications

Impact Statements

The basic goal of this activity is to foster increased communication and collaboration among agricultural economists in the mid-South working in the area of farm management. Impacts of this effort result in better information and analysis of issues impacting farm finances being made available to producer clientele groups in the region.