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August 28, 2015
Financial Management
Introduction
Productivity measures the ability of producers to convert inputs into outputs. Productivity
growth occurs when more output can be produced with the same level of inputs, the same output can
be produced using less inputs, or a combination of the two. In general, productivity growth is linked to
competitiveness, economic growth and improved welfare. In particular, in a context of rapid global
population growth and economic expansion, coupled with increased environmental concerns and an
increasingly more limited ability to incorporate more acres into agricultural production; agricultural
productivity growth is one of the most important factors that will determine food availability and the
global ability to fight hunger among other issues. Productivity is closely linked to farm profitability,
which at the regional level has significant economic development implications. Productivity and
efficiency are closely related because improvements in efficiency result, necessarily, in improvements
in productivity. However, productivity may also improve “inefficiently'' due to technical progress.
The study conducted by Quintana‐Ashwell and Featherstone measures productivity growth
among KFMA members between the years 1993 and 2011 and analyzes to what extent the changes in
productivity are due to improvements in (operation) efficiency or due to technical progress.
Data and Methods
The study employs anonymous KFMA data from 1993 to 2011 on crop and livestock production …
August 28, 2015
KFMA Research
Introduction
Productivity measures the ability of producers to convert inputs into outputs. Productivity
growth occurs when more output can be produced with the same level of inputs, the same output can
be produced using less inputs, or a combination of the two. In general, productivity growth is linked to
competitiveness, economic growth and improved welfare. In particular, in a context of rapid global
population growth and economic expansion, coupled with increased environmental concerns and an
increasingly more limited ability to incorporate more acres into agricultural production; agricultural
productivity growth is one of the most important factors that will determine food availability and the
global ability to fight hunger among other issues. Productivity is closely linked to farm profitability,
which at the regional level has significant economic development implications. Productivity and
efficiency are closely related because improvements in efficiency result, necessarily, in improvements
in productivity. However, productivity may also improve “inefficiently'' due to technical progress.
The study conducted by Quintana‐Ashwell and Featherstone measures productivity growth
among KFMA members between the years 1993 and 2011 and analyzes to what extent the changes in
productivity are due to improvements in (operation) efficiency or due to technical progress.
Data and Methods
The study employs anonymous KFMA data from 1993 to 2011 on crop and livestock production …
February 27, 2018
2018 Farm Bill Meetings Presentations
decision
Dairy and cotton
Crop insurance programs
Program … Conservation programs
• Crop insurance benefits
Provisions
• … conversion of wetlands for crop production
Conservation …
August 1, 2025
Breakout Sessions
Apply to soil moisture•Converted volumetric SM to RSM•MulƟplied by crop mask → keeps only relevant cropland pixels
Step 1 … vant cropland pixels
Step 1 Create crop masks•Used USDA NASS CD … ≥ 50% years•Output: binary map of “consistently cropped” land
Relative Soil Moisture (RSM) Data
𝑅𝑒𝑙𝑎𝑡𝑖𝑣𝑒 …
Alfalfa
2002-2011
Misc. Income Crop Insurance Government Payments … Insurance Government Payments Market Place Average Price, 2002-2011 …
Wheat
2002-2011
Misc. Income Crop Insurance Government Payments … Insurance Government Payments Market Place Average Price, 2002-2011 …
Soybeans
2002-2011
Misc. Income Crop Insurance Government Payments … Insurance Government Payments Market Place Average Price, 2002-2011 …
Grain Sorghum
2002-2011
Misc. Income Crop Insurance Government Payments … Insurance Government Payments Market Place Average Price, 2002-2011 …
Corn
2002-2011
Misc. Income Crop Insurance Government Payments … Insurance Government Payments Market Place Average Price, 2002-2011 …
Wheat
Prices, 2001-2010
Misc. Income Crop Insurance Government Payments … Insurance Government Payments Market Place Average Price, 2001-201 …