. Changes in cigar leaf tobacco acreage. Tobacco. about 60 percent. The decline averaged about 1,300 acres per year. Also during this period, yields increased about 4 pounds per year, but production dropped about V2. Wisconsin growers produced about V2 of the binder acreage in 1950, but by 1971, they produced 88 percent. During this period, acreage declined by about 95 percent in Connecticut, 10 percent in Massachusetts, and 50 percent in Wisconsin. Among the variables used in the estimating equations for cigar binder acreage were farm prices of binder tobacco, farm wage rates, acreage in
. Changes in cigar leaf tobacco acreage. Tobacco. about 60 percent. The decline averaged about 1,300 acres per year. Also during this period, yields increased about 4 pounds per year, but production dropped about V2. Wisconsin growers produced about V2 of the binder acreage in 1950, but by 1971, they produced 88 percent. During this period, acreage declined by about 95 percent in Connecticut, 10 percent in Massachusetts, and 50 percent in Wisconsin. Among the variables used in the estimating equations for cigar binder acreage were farm prices of binder tobacco, farm wage rates, acreage in diversion programs, time, and acreage reallocations (beginning in 1970). Results of some of the equations are summarized in table 5. Equation (based on farm price of tobacco lagged 1 year, diverted acreage, time (1957=57), and reallocated acreage) gives a satisfactory fit—that is, coefficient signs are as expected, and two of the variables are significant at the 1-percent level and one at the 5-percent level. This equation explains 98 percent of the year-to-year acreage variations (R2=98). Equation indicates that a farm tobacco price increase of l<t per pound for binder tobacco brought an increase of about 175 acres harvested the following year. Introducing farm wage rates in the statistical equations did not improve the fit as it did for filler and wrapper. The Soil Bank Program (1956-58) and the Cropland Adjustment Program (beginning in 1966) significantly reduced acreage. For each acre of binder tobacco allotment idled under these programs, the equation indicated .53 fewer acres were harvested. Since 1970, USDA has allowed transfers of filler and binder allotments from growers who do not wish to use their allotments to growers who want to increase their plantings. The equation indicates that for each acre of binder allotment transferred, harvested acreage increased acres. Coefficients differ from unity because other variables such as price and trend affect
Size: 2304px × 1085px
Photo credit: © Library Book Collection / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookcollectionbiodiversity, booksubjecttobacco
