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The USDA Firm Enterprise Data System: Capabilities and Applications

Published online by Cambridge University Press:  28 April 2015

Ronald D. Krenz
Ronald D. Krenz*
Affiliation:
Commodity Economics Division, Economic Research Service, USDA, stationed at Stillwater, Oklahoma
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Extract

The Economic Research Service of USDA has initiated a systematic approach to the development and maintenance of farm enterprise budgets. This paper will describe this system, our expectations for it, and planned uses of the data.

Many are familiar with regional adjustment studies such as S-42 or GP-5, where the objective was to estimate supply functions using linear programming on representative farms. Those who worked on these projects recall the tremendous effort needed to develop enterprise budget data.

Many are also familiar with the National Model work during the 1960s in ERS. In that project, estimates were made of year to year changes in crop production, using an LP model.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 7 , Issue 1 , July 1975 , pp. 33 - 38
Copyright
Copyright © Southern Agricultural Economics Association 1975

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References

[1] Heid, Larry J., Johnson, Roger G. and Schaffer, Leroy W.. A series by areas in North Dakota, entitled “Small Grain Production Practices and Size and Type Machinery Used.” Statistical Series No. 12-19, Department of Agricultural Economics, North Dakota Agricultural Experiment Station, Fargo, North Dakota, April 1973.Google Scholar
[2] Schaller, W. Neill. “A National Model of Agricultural Production Response,” Agricultural Economics Research 20 (2) April 1968; and Jerry A. Sharpies and W. Neill Schaller, “Predicting Short-Run Aggregate Adjustment to Policy Alternatives,” American Journal of Agricultural Economics 50 (4), December 1968.Google Scholar
[3] Walker, Rodney L. and Darrell D. Kletke. “The Application and Use of the Oklahoma State University Crop and Livestock Budget Generator,” Research Report P-663, Agricultural Economics Department, OSU, July 1972.Google Scholar
[4] U.S. Department of Agriculture. “Developments in Marketing Spreads for Agricultural Products in 1972,” ERS-14, Washington, D. C., June 1973.Google Scholar