Optimum farm plans to meet changing conditions on North and West Florida crop farms

Abstract

The major objective of this study was to develop optimum (profit Maximizing) farm organizations as a general model to evaluate incomeraising adjustment opportunities in crop production for the area comprised of Planning Districts I, II, and III in North and West Florida. The analysis can be classified under two headings: 1) Determination of effects on Optimum combination of enterprises and income levels of changes in alternative levels of cropland and operating capital, and 2) Impact on peanut ¿nterorises/if the governmental price support and acreage allotment programs were ¡abolished. This section included the development of acreage response functions to alternative levels of peanut prices. Al"synthetic" firm approach was adopted to analyze typical oneman crop firm operations. Linear programming techniques and parametric.