Agricultural and Food Policy Center analysis reflective of 64 representative crop farms
A report by the Agricultural and Food Policy Center, AFPC, at Texas A&M University titled “Economic Impact of Higher Crop and Input Prices on AFPC’s Representative Crop Farms” provides insights into the economic impacts of higher crop and major input prices on the center’s 64 representative crop farms.
The report was compiled by Joe Outlaw, Ph.D., and Bart Fischer, Ph.D., co-directors of the AFPC in the Department of Agricultural Economics of the College of Agriculture and Life Sciences at Texas A&M, Bryan-College Station. Other department contributors included Henry Bryant, Ph.D., J. Marc Raulston, George Knapek, and Brian Herbst. The AFPC is part of Texas A&M AgriLife Research and the Texas A&M AgriLife Extension Service.
“This report is a follow-up to an AFPC briefing paper that analyzed the impact of higher fertilizer prices on the AFPC’s representative farms done at the request of U.S. Rep. Julia Letlow, explained Fischer. “The current report analyzes the economic impacts of higher crop and major input prices on 64 representative crop farms throughout the U.S.”
The analysis was requested by Sen. John Boozman, a ranking member of the Senate Committee on Agriculture, Nutrition, and Forestry.
Continue reading at Texas A&M University
Image via Texas A&M University