Agricultural Economics Commons^™

The Cost Of Forward Contracting In Mississippi River Barge Freight And Cif Nola Markets, Bradley John Isbell

Graduate Theses and Dissertations

Grain elevators often use paper markets to mitigate the risk of (or hedge) their cash grain positions, as well as establish a profit margin through basis trading. Typically, merchandisers use futures or forward contracts to perform these transactions. However, in order to liquidate a cash grain position, grain transportation must be arranged in order to deliver the grain to the buyer. For elevators located along the Mississippi River system selling to Gulf export elevators in New Orleans, that mode of grain transportation is most likely river barge. Contracts for barges are bought and sold by grain merchants either directly with …

Evaluating The Impact Of An All-Vegetable Protein Supplement Containing Fat Emulsifiers And Probiotics On Broiler Performance, Jordan Weil

Graduate Theses and Dissertations

Currently, several niche markets, such as organic and “all natural”, are marketed within the poultry industry. However, little research has been undertaken to determine the cost-effectiveness of poultry diets used to produce chicken within these markets. Specifically, the economics and resulting profits associated with raising chicken with antibiotic-free, all-vegetable (AV) diets are not evaluated. As national chain restaurants such as Chick-fil-A and Panera Bread begin to mandate poultry suppliers raise chicken without antibiotics and use AV diets, it becomes increasingly important to evaluate the economics for integrators. Given the rapidly changing feeding strategies necessary to respond to consumers’ and wholesalers’ …

Cost Benefit Analysis Of Genetic Markers In Cattle, Josh Crystal

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Genetic sequencing in beef cattle (L. Bos Taurus) is expected to aid producers select cattle with traits that enhance profitability. Using data from experimental trials conducted with Angus, Brahman, and their reciprocal cross, this project analyzes the profitability of grazing endophyte infected tall Fescue (L. Festuca arundinacea Schreb.) vs. Bermuda grass (L. Cynodon dactylon) pasture. The study is unique in the sense that actual cow-calf breeding failure rates (open cows were not culled) were tracked from 1991 to 1997 on herds that were bred to calf in spring and either exposed to fungal endophyte (L.Acremonium coenophialum Morgan-Jones …

Refusing To Be Dispossessed: African American Land Retention In The Us South From Reconstruction To World War Ii, Camille Goldmon

Graduate Theses and Dissertations

African Americans in the South were tied to the land during slavery and after emancipation. Many felt that land ownership was the key to freedom. For decades, black farmers strove for land ownership, in many cases falling prey to sharecropping and tenancy agreements in the meantime. Despite this drive toward independent farming, however, since 1920, there has been a steady decline in the number of black farm owners. This trend is especially prevalent in the Southern United States. The black farm owners who persevered through periods of economic, social, and political turmoil were able to, for varying reasons, navigate those …

Efficiency And Competitiveness Of Kosovo Raspberry Producers, Rina Vuciterna

Graduate Theses and Dissertations

Raspberry production is a growing industry in Kosovo. In addition to private investments, this growth has been supported by grants, subsidies, and direct investment from international donor organizations and governmental institutions. At present, most of the commercially produced raspberries in Kosovo are produced on small farms, harvested by farmers and packed manually by collection centers, and then sold in frozen form for the export market. The long-term viability and continued growth of raspberry production in Kosovo depends on the industry being able to compete in export markets and hold its own against production regions in Poland, Serbia, and Russia. Our …

Influence Of Exogenous Phytase Level And Interaction With Supplmental Xylanase On Live Performance And Phosphorus Retention Of Broilers, Peyton Gilbert

Graduate Theses and Dissertations

Two 3-week experiments were conducted, each using 480 day-old male broilers placed randomly among 96 battery cages (5 per cage; 680cm2 per bird), to evaluate the influence of phytase supplementation, with or without supplemental xylanase, on bird performance. Individual body weights and cage feed weights were taken on days 0, 7, 14, and 21, and mean BW, body weight gain (BWG), feed intake (FI), and FCR over each period calculated. Mortality was recorded daily and used to calculate livability and adjust FCR in both trials. In trial 2, excreta was collected by cage from 14 to 21 days for bone …

Decision Support Software For Palmer Amaranth Weed Control, Karen Renee Lindsay

Graduate Theses and Dissertations

Herbicide-resistant Palmer amaranth [Amaranthus palmeri (S.) Wats.] has been identified as one of the most troublesome weeds, specifically for corn (Zea mays L.), cotton (Gossypium hirsutum L.), and soybean [Glycine max (L.) Merr.] producers in the southern United States. The use of herbicide technology remains the most widely used method of weed control, despite the evolution of herbicide-resistant Palmer amaranth. Therefore, a need currently exists for research and extension education to encourage the adoption of Integrated Pest Management (IPM) to address the problem of herbicide-resistant Palmer amaranth in the southern United States. By equipping crop producers, educators, and weed management …

Economic Assessment Of A Highly Pathogenic Avian Influenza Outbreak In Washington And Benton Counties In Arkansas, Antonio Beitia

Graduate Theses and Dissertations

Highly Pathogenic Avian Influenza (HPAI) presents a substantial economic risk to the poultry industry. Domesticated fowl contract HPAI initially through exposure, direct or indirect with migratory waterfowl and outbreaks can result in significant economic losses to growers and the poultry industry at large. A HPAI outbreak occurred in Minnesota and Iowa and spread across over 13 other states in 2014 and 2015. This caused an estimated $1.6 billion in losses (CDC, 2016) and led to shortages of eggs and turkeys together with elevated prices (Anni et al. 2005). Even small outbreaks of HPAI inflict substantial damages as USDA-APHIS guidelines necessitate …

Rice Value Chain Development And Policy Sequencing In Southern Africa, Sandratra M. Razafinjoelina

Graduate Theses and Dissertations

In the wake of the 2008 food crisis, net food importing countries questioned the reliance on the volatile world market to meet their food demand. Consequently, the necessity to be selfsufficient returned to the forefront of national priorities. In Africa, the Coalition for African Rice Development (CARD) initiative was initiated and aimed to double rice production in the continent by 2018, with the eventual goal of achieving self-sufficiency in rice production. To attain this goal, each of the 23 CARD member countries drafted a comprehensive value chain upgrading strategy called the National Rice Development Strategy (NRDS). This study intends to …

Exploring Winery Operation As A Diversification Option For Native American Tribal Enterprises, Randi M. Combs

Graduate Theses and Dissertations

The purpose of this research is to examine the perceptions of tribal members regarding the strengths, challenges, and opportunities presented by tribal winery operation. Specifically, issues of business diversification, marketing, perceived barriers to success, potential benefits to the tribe, and the role of agriculture in the preservation of tribal heritage were considered. A modified mixed-methods exploratory sequential research model was used to collect and organize data in two phases. Phase 1 quantitative data was used to inform the development of a Phase 2 qualitative interview protocol. Phase 1 found a significant relationship between a higher income level and a lower …

Instructions For Authors, 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.

Bumpers College Students In Action, Discovery Editors

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.

Discovery: The Student Journal Of Dale Bumpers College Of Agricultural, Food And Life Sciences - Volume 18 2017, Several Authors

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

No abstract provided.

Letter From The Dean, Lona Robertson

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

No abstract provided.

Message From The Faculty Editor, Mary Savin

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

No abstract provided.

An Assessment Of Economic Considerations For Industrial Hemp Production, Luke Lane, Jennie S. Popp, Michael P. Popp, Harrison M. Pittman

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

United States farm policy and programs are governed by the Farm Bill. The 2014 Farm Bill allows for the legal production and research of industrial hemp as long as it meets the standards outlined in the Farm Bill. Although it has a wide range of uses (upwards of 25,000 products use hemp), there is a lack of recent information regarding the economic feasibility of hemp production for the private agricultural sector. Through an extensive search of existing literature, information was gathered to construct an enterprise budget for industrial hemp. Data from the enterprise budget were used in a constrained linear …

Willingness To Pay For Irrigation Water Under Scarcity Conditions, Tyler Robert Knapp

Graduate Theses and Dissertations

Reliance of Arkansas agricultural producers on groundwater for irrigation has led to depletion of the Mississippi River Valley alluvial aquifer. Without intervention, consequences include insufficient groundwater to meet irrigation demand as well as drawdown of the deeper Sparta Aquifer, upon which communities in eastern Arkansas rely for non-agricultural use. Among proposed solutions to combat groundwater decline is the construction of off-farm surface water infrastructure to meet the irrigation needs of producers. Despite the importance of irrigated agriculture to Arkansas, there is little know about the economic value of irrigation water to producers. Thus, we implement a double-bounded dichotomous choice contingent …

Query Theory Applications: Choice Experiments Under Oath, Attendance To Attributes, And Genetically Modified Food Labeling Policy, Nathan Paul Kemper

Graduate Theses and Dissertations

In recent years, there has been an intensifying campaign by some stakeholders regarding concern over genetically modified (GM) foods in the U.S. As a result, the issue of labeling has entered into the federal agenda. This research uses Query Theory to provide a deeper understanding of the demand for GM foods and the preferences for GM policy. Query theory is first applied to the formation of hypothetical bias in the estimation of consumers’ willingness-to-pay. To address this, the honesty oath is used as an ex-ante technique to reduce hypothetical bias.

Paper one using Query Theory in a discrete-choice experiment (DCE) …

Economic Contribution Of The Agricultural Sector To The Arkansas Economy In 1997-2014, Leah English, Jennie Popp, Wayne Miller

AAES Research Reports and Research Bulletins

Agricultural production, processing, and retail industries are major contributors to the Arkansas economy in terms of GDP. Agriculture contributes to the economy through direct agricultural production, value-added processing, and agricultural retail activities.

Eucalyptus In Kenya; Impacts On Environment And Society, Brandy M. Garrett Kluthe

Graduate Theses and Dissertations

Eucalyptus trees were introduced to Kenya a little over a century ago. European colonization along with the development of a railway system increased the demand for a fast growing wood source. The expansion of the tree across the fertile lands in Kenya raises concerns about the environmental impact on ecosystems where it has been introduced. These concerns include degraded soils, loss of water resources, co-introduction of ectomycorrhizal species, and allelopathy. Economic benefits to local landowners were also explored as well as the potential for large Eucalyptus woodlots to maximize the sequestration of CO₂ from the atmosphere. This was examined through …

The Impact Of Crop Insurance On Indonesian Rice Production, Zaura Fadhliani

Graduate Theses and Dissertations

This study builds a theoretical model of the yield-based MPCI crop insurance policy for a risk averse rice farmer in Indonesia and presents the comparative statics analysis of policy variables on yield through the coupling, wealth, and insurance effects. Moreover, Using yield data from 1979 to 2014 for the Tuban Regency, this study applies numerical optimization to the model and simulates the effects of different policies on input use, certainty equivalents, indemnity payment, and premiums. The theoretical analysis shows that no coupling effect exists for change in the coverage level, while a coupling effect exists for change in the subsidy …

Evaluation Of Agricultural Policy In The Dairy Sector In Kosovo And Efficiency Analysis At The Farm Level, Egzon Bajrami

Graduate Theses and Dissertations

This thesis consists of two studies on the dairy sector in Kosovo. The first study evaluates the effect of the Subsidy per Head Scheme (SPHS) on increasing production, land use, gross income and number of dairy cows on dairy farms in Kosovo. Results from the Propensity Score Matching (PSM) approach using four alternative matching algorithms revealed that SPHS has not had any impact on increasing land use, gross income or the number of dairy cows per farm. Furthermore, SPHS had a negative impact on decreasing land use and number of cows for the participating dairy farmers in the program. In …

The Impact Of Climate Change In Bangladesh On The Rice Market And Farm Households, Mst Ashrafun Nahar

Graduate Theses and Dissertations

Bangladesh is trying to achieve self-sufficiency in domestic rice production but climate change effects on agricultural production makes it challenging to attain the goal. The country is highly vulnerable to the effects of climate change since it is the major cause to rise in sea level, more warm summer, and happening food and cyclone in the country.

This study develops an Aggregate Farm Household Model to analyze the impact of potential land loss and yield reduction from climate change on production, consumption, prices, welfare, and the ability of government to achieve self-sufficiency in rice production. The model is calibrated to …

The Production And Exportation Of Arkansas Non Gmo Vs Gmo Soybeans To China, Weston Cartwright

Supply Chain Management Undergraduate Honors Theses

In recent years, the increase and shift in China’s population combined with a reduction in useable farmland due to soil contamination has prompted a significant increase in food imports. Soybeans, in particular, have become a significant import, and the United States is one of their prime suppliers. Chinese soybean imports have increased from 18 million bushels in 1996 to 1.171 billion bushels in 2015. Soybeans are used in food products like tofu and cooking oils and also as a base for animal feed. In the United States, soybeans are the second largest field crop, ranking just behind corn. Close to …

Spread Trading In Corn Futures Market, Ryan D. Napier

Graduate Theses and Dissertations

The non-linear relationship between old crop – new crop year spreads in corn futures market and stock-to-use (S-U) ratios published by the United States Department of Agriculture is analyzed. Using a non-linear logarithmic smooth transition regression (LSTR) model, we capture asymmetric market behaviors in high and low S-U regimes. Capturing this relationship and understanding the non-linear aspects of the relationship is of interest of grain merchandizers and speculators in the market. A spread trading strategy is simulated for the sample period, January 1985 through April 2015, to determine if the non-linear relationship is a profitable arbitrage opportunity in the market.

Consumer Willingness To Pay For Genetically Engineered Edamame, Elijah John Wolfe

Graduate Theses and Dissertations

This study examined the effect of GM labeling on consumer willingness to pay (WTP) for edamame. It also investigated how people reacted to different messages and whether the order of receiving positive or negative information about GM technology impacted their willingness to pay (WTP). The study had three components: (1) a sensory test of GM and non-GM labeled products; (2) a non-hypothetical experimental auction to assess WTP for GM, non-GM and unlabeled products; and (3) a questionnaire to collect demographics and other information from the participants. Results of the sensory evaluation revealed no statistically significant difference between GM and non-GM …

Bumpers College Students In Action, Discovery Editors

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.