Estimating economic incentive to adopt the FiberMax cotton variety.

摘要

FiberMax is the brand name for cotton varieties marketed by Aventis Crop Science. To estimate profit potential for an individual farmers who might adopt FiberMax variety, various factors are to be considered such as yield potential, fiber quality, response to management, consistency, cron maturity, disease resistance, insect resistance, stress tolerance, and market acceptance. Introduction of new varieties in the market place increases the complexity of variety selection, but offers opportunity to improve profitability.;The approach assumes that farms are in perfect competition, which entails having many producers and buyers and a homogenous product that is grade standardized, low cost of entry or exit and all producers having perfect information. The price per pound of lint was estimated based on the quality parameters of fiber. Then budget analysis was done to estimate the net benefit or a loss to farmer taking into consideration the variable and fixed costs for a typical cotton farm in Nueces county.;The data were analyzed from the four locations (Prince Farms, Kocurek Farms, Meaney Annex Farms and Perry Foundation) in the coastal bend region. (Abstract shortened by UMI.).