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Agricultural Economics

2017

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Articles 1 - 16 of 16

Full-Text Articles in Agribusiness

Profitability Analysis Of Varying Herd Sizes Based On Price Signals In Cow-Calf Operations, Colson Tester Dec 2017

Profitability Analysis Of Varying Herd Sizes Based On Price Signals In Cow-Calf Operations, Colson Tester

Agricultural Economics and Agribusiness Undergraduate Honors Theses

The third most consumed meat around the world is beef. Despite global growth in demand, cattle markets experience price cycles related to biological production lags causing variability in cash flow and profitability for producers. Price-driven herd size management strategies thus have received attention. This study adds to that literature by analyzing both price and production risk using three herd size management strategies: i) steady state – holding herd size constant; ii) dollar cost averaging – keeping reinvestment constant by varying the number of replacement heifers retained at a constant long run average dollar total; and iii) moving average – using …


Governance Rules And Bargaining Power In Sustainability Alliances, Matthew Elliott, Lisa Elliott Nov 2017

Governance Rules And Bargaining Power In Sustainability Alliances, Matthew Elliott, Lisa Elliott

Matthew Elliott

Multi-stakeholder sustainability alliances (MSSAs) have recently emerged to reduce externalities in the agri-food sector; creating a new dimension to bargaining power. This paper describes the new dimension to market power, and quantifies the governance rules effects to bargaining power and sustainability outcomes in MSSAs. Sustainability initiatives are simulated in U.S. corn and soybean production using the APEX model.  Shapley values are then estimated to quantify bargaining power changes given alternative governance rules in a MSSA. The results demonstrate with transferable eco-label benefits, and proper governance rules, MSSAs can achieve cooperative sustainable outcomes.   


Impact Of Automated Guidance For Mechanical Control Of Herbicide-Resistant Weeds In Corn, Terry Griffin, James M. Lowenberg-Deboer Oct 2017

Impact Of Automated Guidance For Mechanical Control Of Herbicide-Resistant Weeds In Corn, Terry Griffin, James M. Lowenberg-Deboer

Journal of Applied Farm Economics

This study evaluated the feasibility of reintroducing mechanical weed control as an alternative for herbicide-resistance weed infestations. The production practice tested included row cultivation with a separate banded spray application using high-accuracy automated guidance systems. A range of ground speeds were tested for the row cultivation operation, each with a different per acre cost and timeliness penalty. A typical eastern Corn Belt farm with a rotation of corn and soybean served as the base for the linear programming model. It was found that if the farmer was willing to reintroduce tillage, row cultivation conducted at higher operating speeds in conjunction …


2015 Maple Business Benchmark, Mark Cannella, Christopher Lindgren, Betsy Miller Oct 2017

2015 Maple Business Benchmark, Mark Cannella, Christopher Lindgren, Betsy Miller

UVM Extension Faculty Publications

The 2015 Maple Business Benchmark is the third year of financial analysis for a small group of commercial syrup producers. The University of Vermont Extension worked with 14 maple producers to complete financial analysis of their maple enterprise. This report demonstrates key management and financial metrics including: yield statistics, land use, operating costs, investment requirements, total cost of production, marketing strategy and net income. The participants represent a small sample of the entire Vermont maple industry but the findings can compel any manager to consider the methods and results of financial analysis for their particular business situations. This report will …


Impact Of Socioeconomic Factors On Florida Consumers' Perceptions On Use Of Chemical In Locally Or Regionally Produced Livestock Products, David Nii O. Tackie, Akua Adu-Gyamfi, Janette R. Bartlett, Bridget J. Perry Sep 2017

Impact Of Socioeconomic Factors On Florida Consumers' Perceptions On Use Of Chemical In Locally Or Regionally Produced Livestock Products, David Nii O. Tackie, Akua Adu-Gyamfi, Janette R. Bartlett, Bridget J. Perry

Professional Agricultural Workers Journal

Abstract

The use of chemicals in livestock production has been an issue for consumers for several decades. This study, therefore, assessed the impact of socioeconomic factors on Florida consumers’ perceptions on the use of chemicals in locally or regionally produced livestock products. Data were collected from a sample of 404 participants from several Florida counties and were analyzed using descriptive statistics and ordinal logistic analysis. Most of the respondents were of the opinion that using chemicals in locally or regionally produced and sold beef or goat meat was a serious or somewhat serious hazard. The ordinal logistic regression results showed …


Cost Benefit Analysis Of Genetic Markers In Cattle, Josh Crystal May 2017

Cost Benefit Analysis Of Genetic Markers In Cattle, Josh Crystal

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Genetic sequencing in beef cattle (L. Bos Taurus) is expected to aid producers select cattle with traits that enhance profitability. Using data from experimental trials conducted with Angus, Brahman, and their reciprocal cross, this project analyzes the profitability of grazing endophyte infected tall Fescue (L. Festuca arundinacea Schreb.) vs. Bermuda grass (L. Cynodon dactylon) pasture. The study is unique in the sense that actual cow-calf breeding failure rates (open cows were not culled) were tracked from 1991 to 1997 on herds that were bred to calf in spring and either exposed to fungal endophyte (L.Acremonium coenophialum Morgan-Jones …


Do Farm Subsidies Affect Crop Diversification?, Chadwick O'Neal Apr 2017

Do Farm Subsidies Affect Crop Diversification?, Chadwick O'Neal

Georgia College Student Research Events

The United States spends $20 billion each year on farm subsidies. Farmers face increased risk and income variation when their crop portfolio is less diversified. It’s possible for farm subsidies to decrease diversification if they are focused on specific crops. Utilizing state level subsidy and agricultural data from the Environmental Working Group, I used econometric analysis to estimate the effect of farm subsidies on crop diversification. I used the number of acres planted from the 15 top most subsidized and grown crops in the United States to derive my dependent variable, the Herfindahl-Hirschman index (HHI). The HHI is a market …


Letter From The Dean, Lona Robertson Jan 2017

Letter From The Dean, Lona Robertson

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Message From The Faculty Editor, Mary Savin Jan 2017

Message From The Faculty Editor, Mary Savin

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Contents, Discovery Editors Jan 2017

Contents, Discovery Editors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Bumpers College Students In Action, Discovery Editors Jan 2017

Bumpers College Students In Action, Discovery Editors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Investment For Trade? Impact Of Investment From Gulf Cooperation Council Countries On Trade, Sattam Faleh Almodarra Jan 2017

Investment For Trade? Impact Of Investment From Gulf Cooperation Council Countries On Trade, Sattam Faleh Almodarra

Theses and Dissertations--Agricultural Economics

The world has made great progress over the centuries through the massive increase in the interconnectedness of nations around the globe. Today, the world is connected through various ways, including the movement of goods, people, and money. The amount of goods traded across countries borders has drastically increased as the result of technological progress and the removal of barriers to trade. Not only has the world become more interconnected with the physical flows of goods and services, but also countries of the world have become more integrated financially. This study proposes to analyze how increase in financial flows, as measured …


Economic Viability Of Direct Drilling In Ireland Compared To Conventional Drilling, Angus Griffith Jan 2017

Economic Viability Of Direct Drilling In Ireland Compared To Conventional Drilling, Angus Griffith

Theses

With the price of fuel rising and the need for farmers to try and cut costs, and not just variable and the input cost of producing the crop need to be reduced too. It is for this reason that this project is going to focus on direct drilling (DD) vs. conventional tillage (CT) which is the most common system of production in Ireland while also looking into the difference in the costs of establishing each of the two methods. In addition, this project will determine whether or not there are any differences in soil quality and conditions as well as …


Instructions For Authors, Discovery Editors Jan 2017

Instructions For Authors, Discovery Editors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Discovery: The Student Journal Of Dale Bumpers College Of Agricultural, Food And Life Sciences - Volume 18 2017, Several Authors Jan 2017

Discovery: The Student Journal Of Dale Bumpers College Of Agricultural, Food And Life Sciences - Volume 18 2017, Several Authors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Instructions For Authors, Discovery Editors Jan 2017

Instructions For Authors, Discovery Editors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.