FARMSIM: A Farm Income Simulator

FARMSIM is a simulation model used for projecting the probable economic and nutritional impacts of alternative technologies, farming systems, livestock management programs, marketing arrangements, crop mixes, risk management schemes, and environmental remediation programs on a representative crop/livestock farm.

FARMSIM is programmed in Microsoft ® Excel using Simetar ©. The Fortran based version of the model (FLIPSIM) has been used for 33 years to advise the U.S. Congress on the impacts of alternative farm programs, income tax provisions, and environmental policies, as well as private companies regarding their investments in renewable energy and technology. The new model was developed in Excel to provide a transparency not available in Fortran and to allow rapid adaptation to alternative countries, changing data availability, and issues facing farmers in developing countries.

Projects


For more information, contact

Dr. James W. Richardson
jwrichardson@tamu.edu