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The University of Tennessee Institute of Agriculture

Agricultural Policy Analysis Center

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Agricultural Policy Analysis Center Research Tools

TnFARMS TnFARMS Logo

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.

TnFARMS Presentations and Publications

  1. Impacts of the 2002 Farm Bill on Southeastern Representative Cotton Farms
  2. TnFARMS Tobacco Farms: Buyout Simulations
  3. Burley Tobacco Policy and Economics
    TnFARMS Cotton Farms: Impacts of Proposed Legislation


Farm Characteristics Update 2001

  1. West Tennessee Moderate-sized Cotton Farm
    1,900 acre farm in Fayette County with cotton (915 acres), corn (370 acres), double-crop wheat (65 acres), grain sorghum (150 acres), and CRP (30 acres) Farm Panelists: Harris Armour III, Tom Karcher, Eugene McFarren Facilitators: Jamie Jenkins, Jim Castellaw
    TnFARMS Cotton Farms: Impacts of Proposed Legislation


  4. West Tennessee Large Cotton Farm
    4,050-acre farm in Haywood County with cotton (2,670 acres), corn (560 acres), soybeans (830 acres), and double-crop wheat (328 acres). Farm Panelists: Travis Lonon, DeWayne Hendrix, Allen King Facilitators: Tim Roberts, Chuck Danehower
    TnFARMS Cotton Farms: Impacts of Proposed Legislation

  5. West Tennessee Moderate-sized Grain Farm
    900 - acre farm in Henry County with corn (450 acres), soybeans (450 acres), and double-crop wheat (200 acres).
    Farm Panelists: John Irwin, Bob Grooms, Jamie Tuck, Gilbert Workman Facilitators: Bob Williams, Ken Goddard, Jeff Lannom

  6. West Tennessee Large Grain Farm
  7. 2,400 acre farm in Weakley/Obion Counties with corn (1,080 acres), soybeans, (1,320 acres), and double-crop wheat (500 acres). Farm Panelists: Wayne Grant, David Grant, James Davis, Mike Freeman Facilitators: Ken Goddard, Tim Smith, Bob Williams

  9. Upper Middle Tennessee Diversified Tobacco Farm
  10. 560-acre farm located in Robertson County with 11 acres burley tobacco, 22 acres dark-fired tobacco, 123 acres corn, 124 acres soybeans, 86 acres double-cropped wheat, 70 acres hay, 210 acres pasture, and a 40 head cow/calf operation. Farm Panelists: Mike Hendley, Bobby Riley, Jamie Head Facilitators: Paul Hart, Jeremy Stull
    TnFARMS Tobacco Farms: Buyout Simulations

  12. Upper Middle Tennessee Large Tobacco Farm
  13. 500-acre farm located in Macon County with 100 acres of burley tobacco, 200 acres of hay, 200 acres pasture, and a 90 head cow/calf operation Farm Panelists: Tony Ferguson, Nicky Wilson, Howard Butch Ellis, Marty Coley Facilitator: Steve Walker
    TnFARMS Tobacco Farms: Buyout Simulations

  14. Upper Middle Tennessee Moderate-sized Tobacco Farm
  15. 218-acre farm located in Macon County with 18 acres of burley tobacco, 100 acres of hay, 100 acres of pasture, and a 30 head cow/calf operation. Farm Panelists: Terry Goad, Darrel Law Facilitator: Steve Walker
    TnFARMS Tobacco Farms: Buyout Simulations

  17. East Tennessee Moderate-sized Tobacco Farm
  18. 123-acre farm located in Greene County with 40 acres of burley tobacco, 23 acres of hay, 60 acres pasture, and a 30 head cow/calf operation Farm Panelists: Wayne Brown, Kyle Gass, Jake Haun, Jerry McNabb Facilitator: Steve Hale
  19. TnFARMS Tobacco Farms: Buyout Simulations

    *These farms are also part of a larger set used for analyses by Texas A&M University. See www.afpc.tamu.edu for additional analyses regarding these farms.

Farm Characteristics and Publications created in 1998
Impacts of Farm Policy Alternatives on Two Representative Tennessee Cotton Farms

  1. Northwest Tennessee Large Grain Farm
  2. This research estimates the farm-level impacts of alternative farm bill provisions (H.R. 2646 and S. 1731) on the financial performance and strength of two representative Tennessee cotton farms: 1900 acre and 4.050 acre cotton farms in Southwest Tennessee. Both farm improve their cash position and reduce their risk considerably under both proposals. Full text

  3. Northwest Tennessee Large Grain Farm
  4. A 2,480 -acre representative grain farm in Weakley and Henry counties that produces corn (1,200 acres), soybeans (1,200 acres) and double-cropped wheat (600 acres)   Summary   Full Text

  6. Northwest Tennessee Moderate-Size Grain Farm
  7. A 1,182- acre representative grain & livestock farm in Weakley and Henry counties that produces corn (400 acres), soybeans (500 acres), double-cropped wheat (200 acres), and hay and pasture to support a 50-head cow/calf operation.    Summary    Full Text

  8. Southwest Tennessee Large Cotton Farm
  9. A 4,000- acre representative cotton farm in Haywood county that produces cotton (2,580 acres), corn (1,200 acres), soybeans (1,200 acres) and double-cropped wheat (600 acres)   Summary    Full Text

  10. Southwest Tennessee Moderate-Size Cotton Farm
  11. A 1,735- acre representative cotton farm in Fayette county that produces cotton (837 acres), corn (168 acres) and soybeans (670 acres)    Summary    Full Text