SAES-422 Multistate Research Activity Accomplishments Report

Sections

Basic Information
Additional Info

Status: Approved

Basic Information

Project No. and Title: OLD SERA35 : Delta Region Farm Management and Agricultural Policy Working Group
Period Covered: 10/01/2015 to 09/30/2016
Date of Report: 09/22/2016
Annual Meeting Dates: 05/25/2016 to 05/27/2016

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 of Annual Meeting

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.

Impacts

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.

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

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