This paper examines the impact of trade liberalization in agricultural products between Mexico and the U.S. due to NAFTA on the distribution of Mexican farm incomes during the 1990s. By relating NAFTA tariff cuts to border prices of Mexican exports and imports, we are able to examine both benefits to Mexican farmers resulting from higher prices of export goods, as well as losses incurred from g...

When tens of thousands of people staged demonstrations in Mexico last year to protest a 60 percent increase in the price of tortillas, many analysts pointed to biofuel as the culprit. Because of US government subsidies, American farmers were devoting more and more acreage to corn for ethanol than for food, which sparked a steep rise in corn prices. The diversion of corn from tortillas to biofue...

High prices are their own worst enemy. Increased profi t margins entice entrepreneurial investment, which results in increased production. Lower market prices inevitably follow. The magic hand of Adam Smith ensures that winners’ gains and losers’ losses will be temporary, as entrepreneurs correct market imbalances. The temporary nature of high prices is well known to corn, soybean, and wheat fa...

Introduction Corn and soybean planting is one of the most critical operations of the season. Operating the planter with the proper soil conditions for proper placement of the seed to obtain the correct seed-soil contact is important to optimize yields and reduce problems later in the season with plant and root growth. As corn and soybean seed prices continue to rise, and grain prices fall, it i...

This study aims to determine the cost, revenue, farmers' income, profitability and feasibility of sweet corn hybrid farming in Plemahan district. The technique determining research area is done by Purposive Sampling with consideration that district has highest production. Determination respondent samples was census 20 farmers 30 farmers. method analysis carried out describing results tabulation...

use of atrazine in the Midwest would have important economic consequences for farmers, consumers, and the environment. These consequences can only be evaluated with cooperation between economists and weed scientists. The weed control choice set available to farmers cannot be observed through deductive research. Economists and weed scientists worked together to identify all possible weed control...

We created a deterministic, frequency-based model of the evolution of resistance by corn earworm, Helicoverpa zea (Boddie) (Lepidoptera: Noctuidae), to insecticidal traits expressed in crops planted in the heterogeneous landscapes of the southern United States. The model accounts for four generations of selection by insecticidal traits each year. We used the model results to investigate the inf...

Monitoring is one way to alleviate the moral hazard problem rampant in crop insurance programs. Lacking data on monitoring, we test the effectiveness of monitoring on reducing moral hazard behavior indirectly. We first propose a theoretical model that takes into account several features of the Philippines crop insurance program. Our model predicts that if monitoring is effective, then crop insu...

This paper considers a multi-task, principal-agent problem where risk-averse farmers possessing private information have two tasks, pollution control and corn production, but only direct incentive for corn production. Using a highly tractable reformulation of the standard uncertain production model, a general method for solving the associated constrained Paretian problem is developed and analyz...