objective of presentation
play

Objective of Presentation: 1. Show how to input farm data into the - PowerPoint PPT Presentation

The National Association of Agricultural and Food Policy (NAAFP) Farm Bill Decision Aid Walkthrough Brad Watkins Professor, Agricultural Economics University of Arkansas, Division of Agriculture Rice Research and Extension Center, Stuttgart,


  1. The National Association of Agricultural and Food Policy (NAAFP) Farm Bill Decision Aid Walkthrough Brad Watkins Professor, Agricultural Economics University of Arkansas, Division of Agriculture Rice Research and Extension Center, Stuttgart, Arkansas (870) 673-2661; kbwatki@uark.edu

  2. Objective of Presentation: 1. Show how to input farm data into the NAAFP decision aid 2. Show how to run the following decision aid tools: a) Yield Update tool b) Base Acre Reallocation and PLC/ARC tool

  3. Example Farm: A rice farm growing three crops: 1.Long Grain Rice 2.Irrigated Soybeans 3.Corn

  4. Finding the Decision Aid 5

  5. Located on the U of A Cooperative Extension Website: http://www.uaex.edu/farm-ranch/economics- marketing/Farm-Bill/

  6. http://www.uaex.edu/farm-ranch/economics-marketing/Farm-Bill/

  7. We will Create a Farm Unit for each crop grown in our Rice Farm Example: 1. Long Grain Rice 2. Irrigated Soybeans 3. Corn

  8. Creating a Long Grain Rice Farm Unit

  9. Creating an Irrigated Soybean Farm Unit

  10. Creating a Corn Farm Unit

  11. Yield Update Tool

  12. Base Acre Reallocation and PLC/ARC Decision Aid Tool

  13. Analyze program options using FAPRI price projections

  14. Types of Output From the Decision Aid

  15. Base Acre Reallocation Analysis

  16. Per Crop Analysis Using “Stoplight” Graph

  17. Per Crop Analysis Looking at Expected Payments per Year

  18. Per Crop Analysis Looking at Payment Probabilities per Year

  19. Looking at Same Program for All Crops, Stoplight Graph

  20. Looking at Same Program for All Crops, Expected Returns Per Year

Recommend


More recommend