APAC analyzes the effects of policy issues on agricultural supply, demand, and net income at the national, regional, state, and farm level. In keeping with this task, APAC has developed the Tennessee Financial Analyses and Risk Management Strategies (TnFARMS) project to enrich the farm-level analysis of policy issues and changing economic conditions on Tennessee producers. TnFARMS is designed to help farmers, legislators, and the research community make more informed decisions by providing financial impact information for representative farms across Tennessee.

TnFARMS was not designed as an academic exercise. Rather, Tennessee farmers will have a major role in TnFARMS's development, scope, and ultimate success or failure. Farmers/panelists use a consensus-building method to provide detailed, firm-level information for typical farms in their area. The information collected from panelists is used to form a representative farm from which implications of changes in policy, general economic conditions and production practices can be estimated.

A farm-level policy model developed at Texas A&M, FLIPSIM, is employed to develop pro forma financial statements for the representative farms. Reports will then be issued about each representative farm, providing valuable farm-level information to farmers, farm organizations, legislators, policy analysts in USDA and universities, and Extension personnel.

Currently, the TnFARMS project includes 2 Cotton Farms, 2 Grain Farms, 4 Tobacco Farms .

TnFARMS Presentations and Publications
Farm Characteristics Updated 2001

Farm Characteristics and Publications created in 1998

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