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Structure of the U.S. and West Texas Early Summer Onion Markets

Published online by Cambridge University Press:  28 April 2015

Bob Davis  and
Billy R. Hise
Bob Davis
Affiliation:
Department of Agricultural Economics, Texas Tech University
Billy R. Hise
Affiliation:
Department of Agricultural Economics, Texas Tech University
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Extract

In recent years, producers in West Texas have sought alternatives to traditional field crops in an effort to maintain or increase farm income. Declining groundwater supplies available for irrigation and sharply increasing fuel costs have served to reduce returns from traditional field crops. Vegetables, which offer much higher average returns per acre, are one alternative to field crops. However, production of vegetable crops introduces some difficult problems. The price of most vegetables is very erratic from season to season and often within the same season. Though on the average the income received per acre from vegetables is much higher, the risk of loss due to low prices for vegetables is also much higher.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 11 , Issue 1 , July 1979 , pp. 107 - 112
Copyright
Copyright © Southern Agricultural Economics Association 1979

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