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Full-Text Articles in Agriculture
2019 Prevent Plant Impacts To South Dakota Grain Crop Value, Matthew Elliott, Lisa Elliott
2019 Prevent Plant Impacts To South Dakota Grain Crop Value, Matthew Elliott, Lisa Elliott
Matthew Elliott
The 2019 crop year has presented various challenges to South Dakota grain crop producers. A record number of prevented planting acres, late planted crops, and trade disputes are expected to significantly lower the value of grain crop production in South Dakota. Preliminary estimates of impact are outlined in the presentation.
Governance Rules And Bargaining Power In Sustainability Alliances, Matthew Elliott, Lisa Elliott
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.