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Farm Income Enhancement Potential for Small, Part-Time Farming Operations in East Central Oklahoma

Published online by Cambridge University Press:  28 April 2015

Scott Sanford  and
Luther Tweeten
Scott Sanford
Affiliation:
Commodity Economics Division, ERS, USDA
Luther Tweeten
Affiliation:
Department of Agricultural Economics and Rural Sociology, The Ohio State University
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Abstract

Linear programming and stochastic farm growth simulation models are used to assess the impact of alternative enterprise selection, variation in farm income, inflation, and off-farm income on the growth of small, part-time farms in East Central Oklahoma. Results indicate that alternative rates of inflation or variation in farm income do not significantly impact the operation or expansion of part-time farming operations. Adoption of alternative enterprises on part-time farms can lead to full-time farming operations where expansion initially is aided through use of off-farm income. Small full-time operators could greatly enhance family income by obtaining off-farm employment and income.

Keywords

linear programminggrowth simulationpart-time farmsspecialty enterprises
Type
Submitted Articles
Information
Journal of Agricultural and Applied Economics , Volume 20 , Issue 2 , December 1988 , pp. 153 - 164
Copyright
Copyright © Southern Agricultural Economics Association 1988

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