Brief Summary of Minutes of Annual Meeting

Thursday, September 16, 2021

Arrival- 4:00pm at the Tara Wildlife Lodge (6791 Eagle Lake Shore Road, Vicksburg, Mississippi)

Registration and Social Hour- beginning at 5:30pm in the Main Lodge

Supper- 6:30pm served in the Main Lodge

Friday, September, 17, 2021

Breakfast- 7:00am-7:45am served in the Main Lodge

SERA-35 Working Group Meeting- 8:00am in the Conference Center

Presentations:

1. “Generating transition probabilities of agricultural conservation practices using Markov Chains.” Naveen Adusumilli and Hua Wang, Louisiana State University Agricultural Center
2. “Expanding the global demand for U.S. broken rice”. Lanier Nalley, University of Arkansas
3. “Optimizing potash fertilizer rates on soybeans, corn, cotton and rice.” Michael Popp, University of Arkansas
4. “Implications of Farm Bill programs on producer hedging demand.” Will Maples, Mississippi State University
5. “Evaluating crop enterprise selection under risk for three Louisiana representative farms.” James McCann and Michael Deliberto, Louisiana State University Agricultural Center
6. “Updating the Mississippi State Budget Generator Software Program to an online format.” Brian Mills, Mississippi State University
7. “Plastic contamination in cotton.” John Robinson, Texas A&M University
8. “Comparative analysis of fertilizer and chemical use in FIR and flooded rice.” Ranjit Mane, University of Arkansas Pine Bluff

Lunch- 11:30am served in the Main Lodge

Attendees will depart the Tara Wildlife facility no later than 2:00pm-2:30pm

Through a collection of efforts emphasizing applied farm management econimics,  a variety of issues and factors have a direct impact on the economic viability and financial performance of agricultural farming operations. Examples such as the development of new crop production technologies, changes in farm program provisions, changes in commodity supply and demand market structures represent the types of factors which would be evaluated.

The Mississippi State Budget Generator will continue to be the primary quantitative tool used in developing production cost budgets for various crop production systems commonly found across the region. Much of the current focus is on developing spreadsheet-based software capable of estimating projected values of variable and fixed production costs for agricultural enterprises in the region. Furthermore, as new crop production technologies are developed and adopted, enterprise budgets will need to be developed to reflect production practices associated with this technology as well as the expected production costs. Accomplishments include the development of commodity production costs and return documents as compiled by the University of Arkansas, the Louisiana State University AgCenter, and Mississippi State University. Annualized estiamtes are made availabe to stakholder groups each winter for the upcoming crop year via websites and county agent distribution list services (electronically). 

A variety of research methods, including whole farm financial simulation, would be utilized to identify likely economic outcomes. This research would then provide information which could be communicated to agricultural producers through a variety of extension efforts by each group member's respecteive university. 

Projected Commodity Costs and Returns for Corn in Louisiana, 2022. 

Projected Commodity Costs and Returns for Cotton in Louisiana, 2022. 

Projected Commodity Costs and Returns for Sorghum in Louisiana 2022.

Projected Commodity Costs and Returns for Rice in Louisiana, 2022.

Projected Commodity Costs and Returns for Soybeans in Louisiana, 2022.

Projected Commodity Costs and Returns for Sugarcane in Louisiana, 2022.

Projected Commodity Costs and Returns for Wheat in Louisiana, 2022. 

Corn, Grain Sorghum, and Wheat 2022 Planning Budgets, Mississippi. 

Cotton 2022 Planning Budgets, Mississippi.

Delta 2022 Planning Budgets, Mississippi. 

Non-Delta 2022 Planning Budgets, Mississippi. 

Rice 2022 Planning Budgets, Mississippi. 

Soybean 2022 Planning Budgets, Mississippi. 

Forages 2022 Planning Budgets, Mississippi. 

Arkansas Field Crop Enterprise Budgets, Conventional Corn.

Arkansas Field Crop Enterprise Budgets, Stacked Gene Corn.

Arkansas Field Crop Enterprise Budgets, B2XF Cotton.

Arkansas Field Crop Enterprise Budgets, B3XF Cotton.

Arkansas Field Crop Enterprise Budgets, Conventional Cotton.

Arkansas Field Crop Enterprise Budgets, Grain Sorghum.

Arkansas Field Crop Enterprise Budgets, Peanuts.

Arkansas Field Crop Enterprise Budgets, Rice.

Arkansas Field Crop Enterprise Budgets, Conventional Soybeans.

Arkansas Field Crop Enterprise Budgets, Enlist Soybeans.

Arkansas Field Crop Enterprise Budgets, LL Soybeans.

Arkansas Field Crop Enterprise Budgets, RR Soybeans.

Arkansas Field Crop Enterprise Budgets, RRXF Soybeans.

Arkansas Field Crop Enterprise Budgets, Wheat.