Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Agribusiness
Evaluating The Economic Costs And Land Value Implications Of Implementing Cover Crops In Kentucky, Robert C. Ellis
Evaluating The Economic Costs And Land Value Implications Of Implementing Cover Crops In Kentucky, Robert C. Ellis
Theses and Dissertations--Agricultural Economics
This thesis is comprised of two essays regarding the costs and impact of land values due to cover crops. This first essay uses a linear-programming resource allocation model combined with sequencing and machinery selection to optimize the practices and machinery utilization of a hypothetical western Kentucky grain farm. This was accomplished through maximizing returns over selected costs at various acreage adoption levels. Additionally, a decision tool was developed to assess the costs related to cover crop adoption. The results show a $30 per acre cost to adopt 1000 acres of cover crops when no benefits were considered. The second essay …
Two Essays On Input Substitution And Optimal Decision Making In Crop And Livestock Production Systems, John T. Allison Jr.
Two Essays On Input Substitution And Optimal Decision Making In Crop And Livestock Production Systems, John T. Allison Jr.
Theses and Dissertations--Agricultural Economics
The thesis presented consists of two essays that analyze input substitution and decision making in crop and livestock production systems. The first essay consists of a whole-farm analysis that sought to optimize feed mixes and enterprise combinations for an organic dairy operation in the Southeastern United States. This was accomplished through mathematical programming where whole-farm net returns were maximized, and total feed costs were minimized simultaneously for four milk production level cases. Additionally, the sensitivity of the system and break-even milk price were explored. Results suggest substitutability in ration components where an increase in supplemental feeds is justified by additional …