Citation Information

  • Title : The effect of higher energy prices from H.R. 2454 on Missouri crop production costs.
  • Publisher : Food and Agricultural Policy Research Institute
  • Issue : 05-09
  • Year : 2009
  • Document Type : Journal Article
  • Language : English
  • Authors:
    • Brown, S.
    • Westhoff, P.
  • Climates: Temperate (C). Humid subtropical (Cwa, Cfa).
  • Cropping Systems: Maize. Dryland cropping system. Irrigated cropping systems. Soybean. Wheat.
  • Countries: USA.

Summary

This report incorporates higher energy prices estimated by CRA International under H.R. 2454 (The American Clean Energy and Security Act of 2009) on Missouri crop production costs. This analysis uses current 2009 Missouri crop production cost estimates as the base and examines the level of these production costs in 2020, 2030, 2040 and 2050 assuming these production costs change only as a result of the higher energy costs estimated by CRA International under H.R. 2454. Using the 11, 34 and 45 percent increases found by CRA International in motor fuel, natural gas and electricity prices, respectively, by 2050 as a result of H.R. 2454, estimated Missouri crop operating costs increase by 8.1, 8.8, 4.4 and 10.4 percent for dryland maize, irrigated maize, soyabeans and wheat, respectively.

Full Text Link