Effects of Quality Considerations and Climate/Weather Information on the Management and Profitability of Cotton Production in the Texas High Plains

Date

2002-12

Authors

Carpio, Carlos E.
Ramirez, Octavio A.
Britt, Megan L.

Journal Title

Journal ISSN

Volume Title

Publisher

Southern Agricultural Economics Association

Abstract

Production function models for cotton lint yields, seed yields, turnout, and lint quality characteristics are developed for the Texas High Plains. They art: used to evaluate the impacts of quality considerations and of climate/weather information on the management decisions and on the profitability and risk of irrigated cotton production systems. It is concluded that both quality considerations and improved climatic/weather information could have substantial effects on expected profitability and risk. These effects mainly occur because of changes in optimal variety selection and irrigation water use levels. Quality considerations in particular result in significantly lower irrigation water use levels regardless of the climate/weather information assumption, which has important scarcc-resource use: implications for the Texas High Plains.

Description

Keywords

climatic/weather information, cotton quality, ground water resource use, risk and uncertainty, Texas High Plains

Citation

Britt, M., O.A. Ramirez, and CA Carpio. "Effects of Quality Considerations and Climate Information on the Management and Profitability of Cotton Production in the Texas High Plains." _Journal of Agricultural and Applied Economics_ 34.3 (2002): 561-583.