High Plains Regional Climate Center
Date of this Version
2007
Document Type
Article
Citation
Journal of Service Climatology Volume 1, Number 2, Pages 1-9
Abstract
With the diversification of the U.S. economy over the past century, agriculture has changed. We can say the farm sizes have increased over time, the number of farmers and those employed in farming have decreased over time, and as the economy has grown the relative contribution of agriculture to the total economy has decreased due to growth in other sectors. The farm prices have not changed significantly over many years while costs for energy, machinery, and land have generally increased. The combination of these factors has generally narrowed the profit margin and the highest productivity will no longer ensure the highest profit. This has made the decision making trees more important and has raised the importance of weather and climate related information as producers take advantage of every piece of information they can access.
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Comments
Hubbard, K. G. 2007.