Agricultural Economics Commons^™

Consumers' Willingness To Pay For Second-Generation Ethanol In Brazil, Teresa Cristina Garcia, Alvaro Durand-Morat, Wei Yang, Michael Popp, William Schreckhise

Agricultural Economics and Agribusiness Faculty Publications and Presentations

The objective of the study was to evaluate the effect of a low-cost solar collector to pre-heat ventilation air in commercial broiler buildings on supplemental heating demand and air quality during the cold season. Six black fabric-based solar collectors of 36 m(2) each were installed on the south-facing rooftop of a broiler house. The solar collectors provided fresh warm air into the house during the ON cycle of minimum ventilation and during the OFF cycle of minimum ventilation when the temperature under the collectors met certain criteria. The daily cumulative duration of solar collectors in operation averaged 125 and 133 …

Cooperative-Led Green Value Chain Development For Selected Highland Vegetables In Buguias, Benguet, Paul Kenneth B. Maghirang

Journal of Economics, Management and Agricultural Development

This study proposes a cooperative-led green value chain model for selected highland vegetables in Buguias, Benguet. Primary and secondary data were used in the study. Primary data were gathered through KII, FGD, and survey interviews among 30 farmer-members of LIFMPC. Descriptive, cost and returns, and value chain analysis were conducted. The proposed model of cooperative-led green value chain for selected highland vegetables was developed based on current practices of the farmer respondents. The greening opportunities were identified in different segments of the chain, from input sourcing to consumption, as well as the actors and their activities. Performing these green practices …

Comparative Performance Of Cooperative Equity Retirement Plans, Jeffrey S. Royer

Department of Agricultural Economics: Faculty Publications

This paper compares the performance of revolving fund, percentage-of-all-equities, and base capital plans, and special plans for redeeming equity held by estates or based on member age. It also examines how the performance of the base capital plan is affected by changes in the base period, relaxing the equity requirements for underinvested members, and a variable cash patronage refund program. The base capital plan performs better than other systematic plans but places financial burdens on young members. Two modifications can mitigate that problem with only a slight diminution in performance. Special plans benefit cooperatives operating revolving fund plans the most.

Preventative Weed Management Strategies In Arkansas Tomato Production, Gracie E. Morrison, Matthew Bertucci

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

Cost-effective weed suppression is an important consideration for tomato growers. Growers often choose methods which minimize hand labor, as hand weeding can be prohibitively expensive. This project determined economic viability of high tunnel tomatoes treated with several methods of weed control, both organic and chemical. These methods included: 2-week hand weeding, 1-week hand weeding, preemergent herbicide application (plots sprayed with herbicide prior to weed emergence), straw mulch (plots bedded with straw), landscape fabric (plots covered in fabric), and untreated weedy control plots. These six treatments were applied to randomized blocks in a high tunnel. Weeding, planting, and harvesting were all …

Letter From The Dean, Jean-Francois Meullenet

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

No abstract provided.

Letter From The Faculty Editor, Beth Kegley

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

No abstract provided.

Consumers' Perception Of Quality For Ladies' Swimwear Based On Price And Brand, Jennifer Avila, Laurie M. Apple, Lance M. Cheramie, Leigh Southward

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

Consumers shop at multiple retailers for different needs, and it is understood that many choose a retailer for an experience and others will shop at another retailer for better savings. In a time where E-commerce is at an all-time high, retailers need to consider how they compare against online retailers in the apparel sector. In this study, three retailers were compared against one another since they are all swimwear competitors. As these retailers adjust to store and production shortages, it is important to understand how the quality of clothing will keep sales consistent. Consumers are likely to keep shopping at …

Instructions For Authors, Discovery Editors

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

No abstract provided.

Evaluating The Impact Of Off-Farm Decisions On Federal Government Program Utilization And Financial Success For Missouri's Beginning Farmers, Lyndsey Ann Parker

Graduate Theses/Dissertations

Farmers and ranchers will have to increase production by approximately 70% by the year 2050 according to the American Farm Bureau Federation (2017). People in the agriculture industry face several challenges from start-up costs to limited land availability (Ahearn, 2011). There are federal and state government programs available to assist with some of these challenges but bring their own hardships as well. This study measures off-farm decisions that affect financial performance and utilization of government programs for Missouri’s farmers and ranchers. Three types of financial performance of Missouri farms are prioritized in this study, liquidity (current ratio), solvency (debt-to-asset ratio), …

Discovery: The Student Journal Of Dale Bumpers College Of Agricultural, Food And Life Sciences- Volume 23 2022, Several Authors

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

No abstract provided.

Contents, Discovery Editors

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

No abstract provided.

Featured Faculty Mentor And Student Explore The Dynamics Of This Research Relationship, Matt Bertucci, Gracie Morrison

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

No abstract provided.

Using Poultry To Enhance Food Security In Stann Creek, Belize, Emily Spatz, Lisa S. Wood

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

Food insecurity is a growing issue in developing and developed countries alike, and in countries like Belize, the prevalence of hunger has soared in recent years. Not having access to diets with sufficient calories and nutrients leads to a host of developmental issues, including stunting and cognitive delays. The purpose of this work was to create an all-encompassing manual for small-scale poultry production in order to provide nourishment for the students and staff of a school in Belize. After determining that the best way to meet the school’s needs was through dual-purpose birds, background research was conducted to determine small-scale …

Characterizing Implied Volatility Functions From Agricultural Options Markets, Andrew M. Mckenzie, Michael R. Thomsen, Michael K. Adjemian

Agricultural Economics and Agribusiness Faculty Publications and Presentations

We provide the first comprehensive characterization and comparison of implied volatility functions for five major agricultural options markets—corn, soybeans, soft red winter wheat, live cattle, and feeder cattle—using intraday tick data. Our results show that cattle markets exhibit a distinct leftward skew, which is puzzling and indicates that out-of-the-money traded put options are theoretically overpriced. In contrast, we find that grain market implied volatility functions display a flatter, less pronounced smile pattern. We examine market sentiment induced short-term hedging pressures using Commodity Futures Trading Commission reports, and market uncertainty around Cattle on Feed reports, as potential causes of the cattle …

Forecasting Locational Marginal Prices In Electricity Markets By Using Artificial Neural Networks, Kim Jay R. Rosano, Allan C. Nerves

Journal of Economics, Management and Agricultural Development

Electricity price forecasting is an important tool used by market players in decision-making and strategizing their participation in the electricity market. In most studies, market-clearing price is forecasted as it gives an aggregated overview of system price. However, locational marginal price (LMP) gives better outlook of the price particular to the customer location in the electrical power grid. This study utilizes Artificial Neural Networks to forecast weekday LMP of generator and load nodes. Various inputs such as historical prices and demand, and temporal indices were used. Using data for selected nodes of the Philippine Wholesale Electricity Spot Market, forecast Mean …

Use Patterns And Influencing Factors Of Irrigation Best Management Practices In The Lower Mississippi River Basin, Merri E. Day

Graduate Theses and Dissertations

This study uses the 2016 Irrigation Survey from Arkansas, Louisiana, and Mississippi to document the use of irrigation best management practices (IBMPs), analyze use patterns, and use quantitative methods to determine factors that influence producers’ decisions regarding IBMPs. IBMPs included in the survey can be grouped as: field management practices (zero-grade leveling, precision-grade leveling, end blocking, warped surface, and deep tillage), water flow control practices (computerized pipe-hole selection, multiple-inlet irrigation, surge irrigation, alternate wetting and drying, cutback irrigation, flow meters, and pump timers), water recovery/storage practices (tail-water recovery system and on-farm storage reservoir), and advanced irrigation scheduling practices (soil moisture …

Peer Irrigators And The Choice Of Field Management And Water Control Practices For Irrigation In Arkansas, Victoria Bailey, Kent Kovacs, Christopher Henry, Qiuqiong Huang, Larry J. Krutz

Agricultural Economics and Agribusiness Faculty Publications and Presentations

We examined how irrigation techniques in use by family and friends influence the use and share of land utilizing different irrigation techniques by Arkansas producers. A bivariate sample selection model simultaneously estimated how farm characteristics determine the use and explain the share of a farm that utilizes an irrigation technique. We found that the irrigation techniques in use by family and friends do affect the irrigation techniques a producer uses and the share of acres utilizing different irrigation techniques. A producer with a family or friend that uses end-blocking irrigation is 41% more likely to use end-blocking themselves. Having a …

Precise Nitrogen Recommendations Improve Economic And Environmental Outcomes In Arkansas Rice Production, Cristin Roberts

Graduate Theses and Dissertations

Soil testing has become an increasingly important tool in making agronomically efficient production management decisions. N-STaR is a N test used in rice production and is unique in its ability to selectively quantify soil organic-N compounds which are readily mineralizable for plant N uptake and contribute to growth and yield. This study uses historical (2002–2018) adoption rates of N-STaR, which is funded through Rice Checkoff funds, to calculate the total cost savings from N-STaR adoption. These cost savings alone would be the “typical” benefits used in a benefit-cost ratio of a public ally funded research program like N-STaR. However, we …

Is There Room In The United States Diet For Goat Meat? Analysis Of The 2019 National Goat Meat Survey, Everett Marcus Martin

Graduate Theses/Dissertations

Demand for goat meat has steadily increased in the past decade, but few studies have been conducted addressing goat meat attributes and demographic factors on consumers’ willingness to buy goat meat products. Analyzing a national consumer survey on goat meat preference, a logit modeling is used addressing factors affecting willingness to buy three goat meat products: grass-fed, locally grown, and organically raised. Results indicate that quality and freshness attribute characteristics significantly affect consumer willingness to buy grass-fed, organic, and locally grown goat meat.

Rice Quality And Its Impacts On Food Security And Sustainability In Bangladesh, Indrani Saha, Alvaro Durand-Morat, Lawton Lanier Nalley, Mohammad Jahangir Alam, Rodolfo M. Nayga Jr.

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Rice market efficiency is important for food security in countries where rice is a staple. We assess the impact of rice quality on rice prices, food security, and environmental sustainability in Bangladesh. We find that while price varies as expected for most quality attributes, it is unaffected by a broken percentage below 24.9 percent. This reveals a potential inefficiency, considering the average 5 percent broken rate observed in the market. An increase in the broken rate of milled rice within the limits supported by our findings can, ceteris paribus, increase rice rations by 4.66 million a year, or conversely, …

Invited Review: Lessons From The Covid-19 Pandemic For Food Supply Chains, John D. Anderson, James L. Mitchell, Joshua G. Maples

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Purpose

Sources

Making Agriculture Carbon Neutral Amid A Changing Climate: The Case Of South-Western Australia, Ross Kingwell

Climate Science Research Articles

Making Australian agriculture carbon neutral by 2050 is a goal espoused by several agricultural organisations in Australia. How costly might it be to attain that goal, especially when adverse climate change projections apply to agriculture in southern Australia? This study uses scenario analysis to examine agricultural emissions and their abatement via reforestation in south-western Australia under projected climate change. Most scenarios include the likelihood of agricultural emissions being reduced in the coming decades. However, the impact of projected adverse climate change on tree growth and tree survival means that the cost of achieving agricultural carbon neutrality via reforestation is forecast …

The Race To Fifty Feet: An Effort To Determine The Benefits Of Deepening The Mississippi River, Brian Miles

LSU New Orleans Theses and Dissertations

This research examined the benefits and drawbacks of deepening the Lower Mississippi River to fifty feet. It established that the deepening of the Lower Mississippi River will impact not only the local area but also the inland regions that rely on the river systems and lower river ports for product movement. The perspectives of vessel operators, maritime industry experts and charterers are provided to offer insight. The sources for the research include educational literature, maritime research and interviews of industry experts. Based on this research, it is clear that this project will benefit many parties. The beneficiaries will include both …

Economic And Ghg Emissions Changes Of Aeration And Gypsum Application, Michael Popp, Karen Renee Lindsay, Amanda Ashworth, Philip Moore, Phillip R. Owens, Taylor Adams, Melissa Mccarver, Becky Roark, Dan Pote, John Pennington

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Alternative pasture management strategies are needed to ensure long-term ecological and economical use of abundantly available poultry litter as a source of valuable nitrogen (N), phosphorus (P) and potassium (K). In combination with the common practice of broadcasting poultry litter and soil compaction from equipment and livestock traffic, pasture aeration offers the potential for added soil water penetration and reduced nutrient runoff by creating soil perforations ranging length from 5 to 15 cm using metal spikes that penetrate the soil to 15 cm depth. Also, the addition of gypsum can further reduce P runoff. We evaluate different pasture management scenarios …

Novel Pilot Development Of A Closed-Loop Sustainable System Between Biogas Renewable Energy, Distilling, And Aquaculture By Vermiculture Of Stillage Wastes, Samuel C. Kessler

The Cardinal Edge

This study provides a mixed-methods approach in analyzing a potential closed-loop system between renewable biogas production from anaerobic digestion, vermiculture production, aquaculture production, and organic wastes with a particular focus on stillage wastes. Such system may hold significant promise for significantly reducing organic carbon and methane emissions from its components, and should be assessed for such. The 2021 IPCC report essentially identified methane reduction as the single fastest way to slow global warming (IPCC, 2021), making the study and implementation of methane-reducing systems and supportive policy for them critical. Knowledge gaps to implementing this system were qualitatively identified as disconnect …

Epiphyte Identification On Commercially Grown Kappaphycus Alvarezii In Eastern Samar, Philippines [Research Note], Ma. Carla Angelica Deladia, Leni Yap-Dejeto, Kenneth Abuda, Margarita Dela Cruz

The Philippine Agricultural Scientist

The decline in production and quality of Kappaphycus alvarezii is primarily associated with occurrence of "ice-ice" disease and epiphyte infestations. K. alvarezii var. tambalang (brown) in the nursery farms of Balangiga and Lawaan, E. Samar harbored such infestations. This study identified the dominant Epiphytic Filamentous Algae (EFA) on the seaweeds in these farms using microscopic morphological characteristics. Microscopic examinations revealed that the main epiphyte in the farms studied was Melanothamnus apiculatus (Hollenberg) Díaz-Tapia & Maggs (former: Neosiphonia apiculata (Hollenberg) Masuda et Kogame). The epiphytes observed have rhizoids separated from the pericentral cells, unicellular trichoblasts, globose cystocarp and tetrasporangia arranged in …

Green Economics: Assessing The Feasibility Of A New England Green Crab (Carcinus Maenas) Fishery Through Fishermen Perspectives, William L. Walter

All Theses And Dissertations

The European green crab (Carcinus maenas) is a well-adapted invasive species that has flourished throughout coastal New England. Its arrival has caused numerous negative environmental and socioeconomic impacts, including the decline of the Maine soft shell clam (Mya arenaria) fishery. Increases in north Atlantic sea surface temperatures have simultaneously propelled the proliferation of C. maenas and caused northward shifts in the geographic ranges of commercially relevant species, including the American lobster (Homarus americanus). C. maenas represents an underutilized species that H. americanus and M. arenaria fishers can target to supplement any lost income if …

Measuring Palatability As A Linear Combination Of Nutrient Levels In Food Items, Jeffrey S. Young

Faculty & Staff Research and Creative Activity

It well known that palatability and nutritional quality of foods and/or diets are viewed as being in tension with one another. While there exist multiple measures of healthiness, there are no such measures for tastiness. This gap limits the degree to which researchers can investigate this tension and its implications for dietary behavior and hence public health and nutrition policy. The scope of future work concerning the dietary behavior of Americans would expand greatly if researchers better understood consumers’ willingness to eat certain foods, which matters as much as recommending those foods for them to eat in the first place. …

Impacts Of Crop Insurance And Intra-Season Hedging On Long-Run Net Income Risk, Kara Zimmerman

Department of Agricultural Economics: Dissertations, Theses, and Student Research

Each year producers must make risk management decisions early in the growing season when many variables are unknown. In this thesis we create an empirical model utilizing thirty years (1989-2018) of historical yield, cost, and daily price series data, to determine the optimal risk management strategy of crop insurance and an intra-season marketing plan that will both minimize net income risk and maximize average net income. The empirical model is taken a step further to include an out-of-sample year in order to test the robustness of empirical results to financially devastating events that have never been seen. We test the …

Economic Implications Of Disasters On Cooperative Sector In Calabarzon, Philippines, Ceptryl S. Mina, Liezel S. Cruz

Journal of Economics, Management and Agricultural Development

Cooperatives serve as an important tool for improving the living conditions of members and their community. However, like any other business enterprise, cooperatives are also exposed to disasters that may affect their
operations. This study analyzed the economic effects of disasters on cooperatives in CALABARZON, Philippines. Results of the Pearson’s chi-square test showed that cooperatives are exposed to various types of natural, biological, and humaninduced disasters. It was found out that disasters lead to increased operational costs and reduced net surplus. Using emergency-use-only cell phones and generators, changing production patterns, limiting high risk-customers, buying insurance, and establishing online and offline …