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Prices Paid Index
The Prices paid index is an index that measures changes in the prices paid for goods and services used in crop and livestock production and family living. The production component of the index accounts for over 65% of the total, and family living expenses represented by the CPI-U account for less than 20% of the index. The remaining components are interest charges on farm real estate and non-real estate debt, taxes payable on farm real estate, and wage rates paid to hired farm labor. NASS currently publishes the index on a 1990-92 = 100 base. Used in calculating the federal grazing fee A grazing fee is a charge, usually on a monthly basis, for grazing a specific kind of livestock. Australia In New South Wales, Australia, maximum grazing fees have been set by regulation at $1.00 per head of large stock or per 10 (or less) head of ..., among other purposes. The index of prices paid on a 1910-14 = 100 base is called the parity index and is used in calculating the parity ratio. See als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grazing Fee
A grazing fee is a charge, usually on a monthly basis, for grazing a specific kind of livestock. Australia In New South Wales, Australia, maximum grazing fees have been set by regulation at $1.00 per head of large stock or per 10 (or less) head of small stock per day; lower fees may be set by individual authorities. Agistment on private land in Queensland, Australia, has sometimes been at rates of $5 per head per week when demand is high. United States In the United States, grazing fees are generally charged per AUM (animal unit month). (Some additional fee or fees may be charged in various jurisdictions, e.g. per application.) On US federal grazing land, the grazing fee for 2012 (as for 2011) is $1.35 per AUM. As of 2015, the grazing fee has been increased to $1.69. Over several decades, the fees charged on US federal rangelands have generally been substantially lower than rates charged on private lands in the US. In 2006, the grazing fee on Oregon state lands was $5.60 per A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prices Received Index
The prices received index is an index that measures changes in the prices received for crops and livestock within the United States. The National Agricultural Statistics Service The National Agricultural Statistics Service (NASS) is the statistical branch of the U.S. Department of Agriculture and a principal agency of the U.S. Federal Statistical System. NASS has 12 regional offices throughout the United States and Puer ... currently publishes the index on a 1990-92 = 100 base. A ratio of the prices received index to the prices paid index on the 1990-92 base that is greater than 100% indicates that farm commodity prices have increased at a faster rate than farm input prices. When the ratio is less than 100%, farm input prices are increasing a more rapid pace than farm commodity prices. The prices received index and the prices paid index are used to calculate the parity ratio. See also * Prices paid index References * Agricultural economics Price indices {{Agri-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Economics
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics.Daniel A. Sumner, Julian M. Alson, and Joseph W. Glauber (2010). "Evolution of the Economics of Agricultural Policy", ''American Journal of Agricultural Economics'', v. 92, pp. 403-423. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural polic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
