Farm Financial Management Analysis with a Simulation Model of Arkansas Cotton Production

Tuesday, January 6, 2015
Salon I (Marriott Rivercenter Hotel)
Archie Flanders , University of Arkansas
A simulation model is developed from crop enterprise budgets for Arkansas cotton production. The methodology utilizes innovation approaches to achieve whole farm analysis from budgets that are specified on a per acre basis. The objective is to derive the relevant financial considerations for a cotton farm. A result of the analysis is to estimate the returns to investment for the technology of agricultural production.