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Basic Economic Principles
TWO Agricultural Land and Water as a Crucial
Starting Your Own Farm
22 other sections not shown
acre agricultural alfalfa alternative amount animals areas beef budget buildings bushels capital cash flow cents chemicals commodity consumers contract corn corn belt corporate corporate farms crop production cropping program dairy decisions depreciation determine drainage duction economic effect efficiency employees enterprise equipment erosion example factors farm business farm family farm income farm manager farm plan farm products farmer farming operation farmland feed feeder fertilizer Figure fixed costs forage futures market Gary Moore goals grade grain harvest hedging herbicides hogs important increase input investment irrigation labor land lease linear programming livestock loan machinery major meat method nitrogen nurse crop organic farming output ownership percent Photo courtesy plant pounds problem profit purchase Purdue University Questions for Discussion records result risk row crops sell soil soybeans storage supply Table tion unit wheat