Broadcast Newsline: January 25, 2013

Despite the USDA’s latest announcement of sign up dates for farm programs, including Direct Payments, it is still important to understand how direct payments influence the profitability of America’s farms.

Today's Cotton Newsline is 4 cuts. All cuts are Jay Yates, Extension Risk Management Specialist with Texas A&M University's Agrilife Extension Service.

Suggested Introduction 1:

Despite the USDA's latest announcement of sign up dates for farm programs, including Direct Payments, it is still important to understand how direct payments influence the profitability of America's farms. Jay Yates, Extension Risk Management Specialist with Texas A&M University's Agrilife Extension Service, recently spoke at the Beltwide Cotton Conferences on a study he conducted concerning this issue.

Suggested Introduction 2:

The model used in the study was derived from Texas A&M's Farm Assistance Model.

Suggested Introduction 3:

Yates shares the results of the study.

Suggested Introduction 4:

The study also looked at ways to lower costs by planting less expensive crops.

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