Social and Behavioral Sciences Commons^™

Assessing The Economic Viability Of Arkansas Farms Under The 2018 Farm Bill, Grant Wilson

Graduate Theses and Dissertations

For over a century, the American agricultural industry has relied on federal government support to aid in the maintenance and expansion of farming operations. Since 1933, a series of 18 farm bills have shaped agricultural policy into what is commonly known as the agricultural safety net. The 2018 farm bill was passed on December 20, 2018 and is the most recent update of the agricultural safety net. Commodity programs and federal crop insurance are two key components of today’s agricultural safety net, and many times, these programs may be the difference between a net loss and a positive net income …

Financial Outcomes From Selection Of Insurance Intervals, Shana Anderson Stewart

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The purpose of this paper is to demonstrate the potential value of enrolling in rainfall-index for pasture, rangeland, and forage insurance for Utah producers. A stochastic optimization model is used to identify the optimal selection of insurance intervals that will provide the maximum indemnity payments less premiums. Four Utah counties were selected for analysis. Results indicate that positive returns will occur greater than 60% of the time in all counties with the selected insurance intervals. The optimal months to insure varied in each county.

Three Essays On Defending Common-Pool Resources, Lawrence Geest

Doctoral Dissertations

% !TEX root = ../degeest2017dissertation.tex Environmental protection often relies on cooperation between individuals in uncoordinated groups. In cases such as the management of common-pool resources, individuals must not only monitor and enforce behavior within their group to prevent over-exploitation. They must also contend with external threats on the resource like poaching. This dissertation studies how individuals cooperate to manage shared resources and deter shared threats. The first chapter, "Deterring poaching of a common-pool resource", considers the problem of deterring a threat that cannot be perfectly observed. I present results from common pool resource experiments designed to examine the ability of …

Incentive Payments For Planting Upland Bird Habitat Field Borders In Tennessee, Nathaniel Scott Bruce

Masters Theses

Crop yields along field perimeters that are adjacent to trees and other tall-herbaceous are known to have the lowest yields in a field. An alternative use of these areas that might be more profitable and sustainable is to remove the land from crop production and enroll these areas into the upland bird habitat (UBH) buffer program. However, the adoption of UBH buffers have been limited by producers, despite being eligible for receiving an incentive payment for adopting UBH buffers. Therefore, the objective of this thesis was to determine the breakeven incentive payment for corn [Zea mays L.] and soybean …

Evaluation Of Capital Investment And Cash Flows For Alternative Switchgrass Feedstock Supply Chain Configurations, Jie Chen

Masters Theses

Biofuels have been widely recognized as a potential renewable energy source, and the United States’ government has been interested in producing ethanol from lignocellulosic biomass such as switchgrass. To evaluate whether lignocellulosic biomass based biofuels production is economically feasible, this paper estimated the capital investment outlays, operation costs, and net present value for investment in alternative switchgrass feedstock supply chain configurations in East Tennessee a 25 million gallon per year ethanol biorefinery. Two scenarios are analyzed in the study. The conventional hay harvest scenario includes the production, harvest, storage and transportation of biomass feedstocks from the fields to the biorefinery. …

The Comparison Of Five Different Cattle Feeding Enterprises: A Stochastic Simulation On Expected Returns And The Effects Of Lrp Insurance, Caleb H. Bott

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This was a study on the Utah cattle industry which compared five different feeding enterprises. These feeding enterprises included feeding cull cows, finishing beef yearling steers, finishing Holstein yearling steers, backgrounding beef steer calves, and backgrounding Holstein steer calves. The main purpose of this study was to determine which feeding enterprise was the most profitable for Utah cattle producers.

Another objective of the study was to determine if LRP insurance lowered the volatility in the returns to these feeding enterprises. In order to answer these two questions of interest, a historical analysis of Utah cattle and feed prices was conducted …

Whole Farm Modeling Of Precision Agriculture Technologies, Jordan Murphy Shockley

University of Kentucky Doctoral Dissertations

This dissertation investigated farm management concerns faced by grain producers due to the acquisition of various precision agriculture technologies. The technologies evaluated in the three manuscripts included 1) auto-steer navigation, 2) automatic section control, and 3) autonomous machinery. Each manuscript utilized a multifaceted economic model in a whole-farm decision-making framework to determine the impact of precision agriculture technology on machinery management, production management, and risk management. This approach allowed for a thorough investigation into various precision agriculture technologies which helped address the relative dearth of economic studies of precision agriculture and farm management. Moreover, the research conducted on the above …