Agricultural Economics Commons^™

Pricing Stallion Seasons For An Individual Stallion: The Existence Of Top Tier Pricing And Market Power, Robert L. Losey Ph.D., Thomas E. Lambert 1959-

Faculty and Staff Scholarship

This paper is an academic treatment of the pricing of stallion seasons (a “season” confers the right to breed a mare to a stallion) The commercial stallion seasons market can be represented schematically as a triangle that normally has a single-digit number of stallions offering high-priced seasons in the narrow apex, a moderate number of stallions composing the middle section, and over 150 in the $5,000-$10,000 range. We argue that it is logical for profit-maximizing stallion managers, most especially those in the apex of the stallion seasons triangle, to charge different prices for different groups of buyers of the same …

Too Good To Eat? Cosmetic Standards And Waste In Agricultural Supply Chain, Jiahui Xu

Dissertations and Theses Collection (Open Access)

There is a significant amount of food wasted at the farm level due to high cosmetic standards adopted by retailers. We examine the economic incentives for retailers to adopt such high cosmetic standards and their impact on food loss. We build a sequential game between a retailer and a farmer, where the retailer signs a contract with the farmer specifying both the wholesale price and cosmetic quality standard. By adopting high cosmetic standards, retailers can motivate farmers to exert a higher effort to improve the cosmetic quality, e.g., using better seeds and applying more pesticides. As for the drivers of …

Analysis Of The Impact Of Central Bank Of Nigeria's Agricultural Intervention Funds On The Economy, E. T. Adamgbe, M. C. Belonwu, E. R. Ochu, I. I. Okafor

Economic and Financial Review

This paper set out to investigate the impact of Central Bank of Nigeria's interventions on the agricultural sector within an economy-wide framework of general equilibrium modelling. The paper adopted a dynamic (recursive), two-sector general equilibrium model of the Nigerian economy with some modifications on the standard model developed by the Centre for Econometric and Applied Research (CEAR) and incorporated the contributions of the CBN's agricultural based interventions as increases in the stock of agricultural capital to have a more robust size of interventions into the agricultural sector. The SAM used for the CGE model analysis was derived from the updated …

An Exploratory Study On The Managerial Competencies Of First-Line Managers In A Philippine University, Alyssa Kaye S. Mojar, Dinah Pura T. Depositario

Journal of Economics, Management and Agricultural Development

Faculty and researchers, mostly well-trained, usually fill managerial positions at universities. Still, they do not have formal management training. This qualitative study examined the managerial competencies of 11 university firstline managers. Using Kurz and Bartram’s Great Eight Competency Theory (2002) for the thematic analysis of the interview transcripts, most of the respondents exhibited all eight competencies. However, they differed in terms of manifestations. A typology of academic administrators was developed based on the eight competencies, namely: (1) delegator, (2) accommodator, (3) director, and (4) initiator. Further quantitative research is recommended to refine this typology. Likewise, to develop current and potential …

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 …

Letter From The Dean, Deacue Fields

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

No abstract provided.

The Combine: Program Overview (Brochure)

The Combine

Nebraska is known nationally for its distinguished brand and production efficiency in food and agriculture. The state ranks among the top producers of over a dozen commodities including corn, beans, beef, and millet.

The Combine is a statewide program focused on fostering high-growth innovation and entrepreneurship in food and agriculture-tech sectors. The initiative is led by Invest Nebraska with support from The Nebraska Department of Economic Development and The Nebraska Department of Agriculture.

Invest Nebraska Corporation builds a better future for our state by providing financial and operational assistance to high growth companies, developing high growth infrastructure, and attracting out-of-state …

Letter From The Faculty And Managing Editors, Beth Kegley, Gail Halleck

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

No abstract provided.

Food Accessibility Related To The Double Your Dollar Program, Julia Carlson, Heather Friedrich, Mechelle Bailey, Curt Rom

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

The Double Your Dollar (DYD) Program is a program that gives Supplemental Nutrition Assistance Program (SNAP) beneficiaries and Senior Farmers Market Nutrition Program (SFMNP) participants match dollars to spend at local farmers markets. The DYD’s goal is to incentivize healthy eating among individuals of low income and promote spending at farmers markets. Food insecurity affects over 60,000 individuals in Washington and Benton counties in Arkansas. The aim of this study was to assess how the DYD program impacted users’ food accessibility and how the program could be improved for the future. A survey was used to address basic demographics, type, …

The Biofiltration Ability Of Asparagus Densiflorus To Remove Sulfur Dioxide From The Indoor Atmosphere, Rhiannon De La Rosa, Mary Savin

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

Sulfur dioxide is an inorganic compound (IC) and air pollutant that causes health risks in humans. The buildup of sulfur dioxide (SO2) in enclosed indoor spaces is, therefore, a concern to human health, especially since the average person spends 90% of his/her time indoors. This study focused on decreasing SO2 concentration in a cost-effective and simple way—by using botanical biofiltration, or the uptake of pollutants by plants. Research in biofiltration has focused mostly on the remediation of volatile organic compounds (VOC). However, research has also shown that plant species that remediate VOC efficiently also have the potential for efficient IC …

The Economics Of On-Farm Rice Drying In Arkansas, Clayton J. Parker, Lanier Nalley

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

Globally, rice producers are faced with the temporal problem of deciding the optimal time to harvest rice. When harvested, paddy rice is typically at a harvest moisture content (HMC) between 15% and 22% and subsequently dried by the mill to a moisture content (MC) of 12.5%. Riceland Foods Inc., the largest miller of rice in the world, uses a stair-step pricing model to charge farmers to dry, which can complicate the timing of harvest as producers try to balance the tradeoff of minimizing drying costs by waiting to harvest at lower HMC vs. maintaining higher rice quality typically observed when …

The Impact Of Income On Nutrition: A Case Study Of Northern Mozambique, Hunter Swanigan, Lawton Lanier Nalley

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

In 2017, Mozambique ranked as one of the least developed countries in the world by measures of health, education, and income. With a minimal annual income, purchasing adequate food to meet recommended levels of nutrients for a healthy diet is difficult, leaving 40% of the country undernourished. This study analyzed what foods are available during the dry months (hungry season) of May through October in the Nampula province of Mozambique to determine if it is possible to meet recommended levels of nutrients from purchasing and growing food. Three different levels of income were used to determine what percentage of the …

Letter From Division Of Agriculture Communications, Fred Miller

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.

Instructions For Authors, Discovery Editors

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

No abstract provided.

The Political Preference Of Arkansas Farmers And Ranchers, Rachel J. Barry, Donna L. Graham

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

Access to information is critical to improving production efficiency, but little is known about how farmers are informed on the policy or issues influencing programs related to farming. This research sought to determine the sources of communication used by farmers and ranchers to form opinions about agricultural policy and candidates, identify the issues important in voting, and their level of participation in the political process. Face-to-face interaction was the preferred form of communication in farm organization meetings, with friends, or farm agencies. Magazines were the preferred source of print communication, and university/extension websites were preferred for internet sources. Broadcast media …

Discovery: The Student Journal Of Dale Bumpers College Of Agricultural, Food And Life Sciences - Volume 21 2020, Several Authors

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

No abstract provided.

The Intersection Of Deforestation And Economic Growth In The Brazilian Amazon, Victoria Oceguera

Student Theses 2015-Present

Abstract

As a result of capital gain, deforestation of the Amazon in Brazil continues. Brazilian government's insufficient efforts to mitigate and enforce the preservation of these precious forests has ledto the commodification of the Amazon. Chapter 1 uses historical and quantitative data to examine the negative impacts of deforestation on indigenous communities and climate change. Chapter2 employs economics to analyze the role of business as a crucial component of deforestation in Brazil. Chapter 3 engages politics in Brazil to discuss interactions between key actors involved in the perpetuation of deforestation. Chapter 3 examines the interactions between politics and corruption involved …

Estimating Demand Elasticities For Rice In Benin, Ogoudele Simon Codjo

Graduate Theses and Dissertations

Rice consumption in Benin is increasing along with shifting consumer demand toward higher quality rice. In this context of changing demands, experimental estimation methods provide an effective way to estimate the current state of consumer preferences. We conducted a hypothetical choice experiment in 15 open markets in Benin to analyze the demand for rice and its substitutes. The results reveal that consumers value quality rice, even those in the low-income class. While high income consumers are more likely to choose high quality imported rice, low- and middle-income consumers are more likely to select high quality domestic rice among the set …

The Economic Evaluation Of Input Use Prescription Maps: Are You Paying To Make Less Profit?, Grant Edward Gardner

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

Variable Rate Prescriptions used by farmers to apply agricultural inputs are largely privatized and are normally seen only by the farmer that applies the prescription and the consultants whom create the prescription maps. Farmers need a way to evaluate the prescriptions that are being applied to fields. This paper explores modeling techniques which could be applied by farmers to determine the profitability of a particular consultant. Regression modeling is used on field trials which have been divided into site-specific management zones (SSMZ) based on a consultant’s variable rate prescriptions. Production functions are created for each management zone. The production functions …

Essays In Microeconomics, Teng Ma

Graduate Theses and Dissertations

This dissertation consists of three essays of different topics in microeconomics.

Chapter 1 investigates the effect of environmental uncertainty over the issue of resource allocation in a common pool resources setting. This chapter provides a model of how agents allocate resource among abatement technology, production, and saving with an endogenously determined uncertain damage. The results of a laboratory experiment show a negative effect of uncertain damage on abatement technology adoption and a non-linear relationship between the investment in abatement technology and the self reported risk aversion. Contrary to the “common belief” that greater risk averse agents invest more in abatement …

Feasibility Of Custom Aquaponics For Home Use, Jesse Blanchard

Agricultural Economics and Agribusiness Undergraduate Honors Theses

The primary goal of this research is to access the feasibility of implementing and operating small scale aquaponic systems in a home setting to serve as a means of producing high quality fresh produce and fish protein to supplement similar store-bought products. Factors such as system cost, skill level and management requirements will be addressed alongside customizable, educational and sustainable aspects of aquaponic systems to determine whether home aquaponic systems are a feasible option for the home grower. To elaborate, feasibility in this research will refer to both economic costs relative to costs of the system. Outlined in this short …

Eyes In The Field, A Seat At The Table, A Voice At The Ranch : A Study On Optimal Farm Labor Conditions., Christine Wiggins-Romesburg

Electronic Theses and Dissertations

The field of human resource development has twin obligations to promote the performance of organizations and the satisfaction and welfare of all workers. Nevertheless, agriculture appears to be an understudied industry in the field, despite this obligation and the potential for suffering experienced by workers performing crop work. This case study sought to understand the process through which a single agricultural operation fosters optimal conditions for workers engaged in labor-intensive crop production. This study found employees experienced better treatment compared to other agricultural operations, and that conditions were rich in both intrinsic and extrinsic factors. Intrinsic factors were marked by …

Evaluation Of Herd Size Management Strategies, Colson A. Tester

Graduate Theses and Dissertations

This thesis is comprised of two studies examining the effects of price signal based herd size management strategies on profitability of cow-calf operations. Herd size management strategies were evaluated across the previous two cattle cycles, 1990-2014, using a fixed land resource and included a variety of production scenarios. These scenarios varied in terms of stocking rates, fertilizer applications rates, and calving season. Each scenario was also analyzed both with and without weather effects on forage production. Weather effects were simulated using a production index derived from satellite imagery across the observed 25-year period. Three herd size management strategies: i) constant …

Comprehensive Poultry Supply Chain Model With Vertical And Horizontal Linkages: Implication Of Domestic And International Shocks, Hakan Unveren

Graduate Theses and Dissertations

According to USDA FAS, in 2017, the US was the largest broiler-producing country with 18.696 million metric tons and the second largest exporter of broiler products with 3.075 million metric tons (Brazil is the largest exporter with 3.847 million metric tons). Thus, around 83% of US production is consumed domestically. According to USITC, chickens are the most important protein source in the US, and Americans consume more chicken per capita than any other country. However, while the broiler industry is a key segment of US agriculture, it is underserved by large-scale supply-chain and trade models.

In this study, to fill …

Implications Of Rice Cultivar Selection To Optimize Returns From Crop Insurance, David Ethan Branscum

Graduate Theses and Dissertations

Rice production differs from most other field crops by distinct differences in yields across cultivars and rice producers being paid for yield after post-harvest milling. Using eleven years (2003-2013) of Arkansas harvest data from performance trials in six different locations, hybrids have 19% higher paddy yields and head rice yield rate 1.7% lower than conventional cultivars. Given the 2014 Farm Bill’s emphasis on crop insurance as a risk management tool for producers, these variations in yield among cultivars have significant implications for rice producers. Comparing national level, crop insurance data on corn, soybeans and rice indicates rice producers strongly prefer …

Consumer Considerations Of Local Value-Added Dairy Products In North Carolina's Triangle, Gabriel Adjei Agyekum

Theses

The global and domestic dairy markets promise exciting opportunities for companies willing to adapt to a continuously evolving consumer market. However, local dairy farmers face a myriad of challenges as they navigate low milk prices, shrinking margins, increasing production cost, and a rising demand for plant-based varieties of milk, yogurt, cheese and other dairy-based foods. The goal of this research was to investigate consumer behavior towards value-added local dairy products in North Carolina’s Triangle cities of Raleigh, Durham, and Chapel Hill. Data were used from an overarching project with collected data from food consumers in the triangle tri-city area using …

Impact Of Usmca On The U.S. Beef Industry, Theophilus Amoah

Theses

Policies implemented to govern trade between two or more countries have proved vital as it affects the economies of nations. Political inputs into trade certainly establish effects that impact the livelihood of people in the economy. Every sector in an economy faces its impacts when there are changes in trade agreements. The extent to which this impact is always significant to note as it helps to determine the sustainability of trade agreements, which in turn sets the path for sectorial and national developments. This study utilizes the Computable General Equilibrium modeling to predict the impact of the United States-Mexico-Canada Agreement …

Effects Of International Trade On Food Security Of Selected Low Income And Low-Middle Income Economies, Rose Anapoka Anaabah

Theses

Food security has been a challenge for most people all over the world, especially among people living in low income countries. Food security is considered a complex sustainable development issue and is linked to health through malnutrition due to poverty. Food security became a major challenge following the sharp increase in global food prices during the last decade. Several factors contribute to food security. One factor is international trade which plays a major role in shaping the economy in most countries of the world. Access to food which is supposed to be an entitlement, or a basic right can be …

Farm Financial Analysis For Small-Scale, Organic Mixed Vegetable Operation, Janet Ayobami Osawere

Theses

The small farmers in the United States face challenges from market uncertainties and climate variations. Many small farmers do not keep consistent financial records, thus making it difficult to analyze their profitability and make decisions in planning. This research is to use a real farm production stimulation from Goldsboro, North Carolina, to collect data from 2017 to 2018 for farm financial analysis that mimics a small-scale certified organic mixed vegetable production. The goal is to use the stimulating information from Goldsboro, North Carolina to help small-scale organic mixed vegetable farmers to identify the main strengths and weaknesses of farm operation; …