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Agricultural Economics Commons™

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AAES Research Reports and Research Bulletins

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Articles 31 - 48 of 48

Full-Text Articles in Agricultural Economics

Considerations For Starting A Winery, Justin R. Morris Jan 2008

Considerations For Starting A Winery, Justin R. Morris

AAES Research Reports and Research Bulletins

This publication is for anyone who has ever considered entering the wine industry. The goal of this publication is to provide information about requirements and procedures for starting a winery. It is not a “how-to” manual but rather is designed to serve as a starting point to investigate the many aspects of owning and operating a winery. Although the manuscript frequently refers to procedures for starting a winery in Arkansas, the concepts presented are applicable throughout the U.S. Detailed economic information on starting a winery is covered in a companion publication. Both publications are part of a project supported by …


The Muscadine Experience: Adding Value To Enhance Profits, Justin R. Morris, Pamela L. Brady Jul 2007

The Muscadine Experience: Adding Value To Enhance Profits, Justin R. Morris, Pamela L. Brady

AAES Research Reports and Research Bulletins

The University of Arkansas Division of Agriculture received a grant from the National Research Initiative (NRI), CSREES USDA. The purpose was to help small- and medium-sized farmers and entrepreneurs enhance the viability of their farms through the establishment of vineyards, on-farm wineries, and production of value-added products from grapes and grape by-products. This publication looks at efforts by the UA Grape and Wine Research Program to enhance the profitability of muscadine grapes. Included are discussions of research designed to develop the market potential of muscadines as fresh fruit and as value-added products such as juice, wine, sweet spreads, vinegar, and …


Impact Of The Agricultural Sector On The Arkansas Economy In 2003, Jennie Popp, Nathan Kemper, Wayne Miller Feb 2007

Impact Of The Agricultural Sector On The Arkansas Economy In 2003, Jennie Popp, Nathan Kemper, Wayne Miller

AAES Research Reports and Research Bulletins

Agriculture and associated agricultural activities are major contributors to the Arkansas economy. Agriculture is defined as the sum of agricultural production and processing activities, unless otherwise specified, and includes crop and animal production and processing, agricultural support industries, forestry and forest products, and textile goods. Agriculture contributes to the economy through direct agricultural production and value-added processing, and also leads to economic activity in other parts of the economy.


The Changing Structure Of Arkansas' Economy: A Shift-Share Analysis, Biswaranjan Das, Daniel V. Rainey Nov 2006

The Changing Structure Of Arkansas' Economy: A Shift-Share Analysis, Biswaranjan Das, Daniel V. Rainey

AAES Research Reports and Research Bulletins

The state of Arkansas enjoys the advantages of its unique central location in the nation, excellent natural surroundings, low cost of living, and one of the best business climates in the southern United States. It is home to several of the largest corporations in the world. Over the period 1980-2000, there was tremendous growth in the state’s economy. However, the growth was confined to specific regions that led to several socio-economic issues adversely affecting the state. To better understand the components and variations in economic growth, a county-wise shift-share analysis was conducted. Employment, a good indicator of economic growth, was …


Farm Service Agency Direct Farm Loan Program Effectiveness Study, John Nwoha, Bruce L. Ahrendsen, Bruce L. Dixon, Eddie C. Chavez, Sandra J. Hamm, Daniel M. Settlage, Diana Danforth Dec 2005

Farm Service Agency Direct Farm Loan Program Effectiveness Study, John Nwoha, Bruce L. Ahrendsen, Bruce L. Dixon, Eddie C. Chavez, Sandra J. Hamm, Daniel M. Settlage, Diana Danforth

AAES Research Reports and Research Bulletins

This final report presents the results of an independent, performance-focused review of the effectiveness of Farm Service Agency (FSA) Direct Farm Loan Programs (FLPs) as requested by the Office of Management and Budget (OMB) in the 2005 Passback for FSA. The study focuses on FSA’s direct Farm Ownership (FO), Farm Operating (OL), and Emergency (EM) loan programs.


Production And Handling Practices For Safe Produce, Pamela L. Brady, Justin R. Morris Nov 2005

Production And Handling Practices For Safe Produce, Pamela L. Brady, Justin R. Morris

AAES Research Reports and Research Bulletins

The University of Arkansas Division of Agriculture received a grant from the USDA’s Initiative for Future Agriculture and Food Systems program to help small- and medium-sized farms become more profitable and to therefore add stability to the family farm. One approach to doing this is to help farmers growing produce reduce or eliminate safety hazards which may be associated with their products.


Impact Of The Agricultural Sector On The Arkansas Economy In 2001, Jennie Popp, Gina Vickery, H. L. Goodwin Jr., Wayne Miller Feb 2005

Impact Of The Agricultural Sector On The Arkansas Economy In 2001, Jennie Popp, Gina Vickery, H. L. Goodwin Jr., Wayne Miller

AAES Research Reports and Research Bulletins

Agriculture has historically been one of Arkansas’ primary economic sectors. Agriculture is defined as the sum of agricultural production and processing activities unless otherwise specified. Agriculture contributes to the economy through direct agricultural production and value-added processing which generates economic activity in other parts of the economy.


Production Budgets For Arkansas Wine And Juice Grapes, Emilio Noguera, Justin R. Morris, Keith Striegler, Michael Thomsen Jan 2005

Production Budgets For Arkansas Wine And Juice Grapes, Emilio Noguera, Justin R. Morris, Keith Striegler, Michael Thomsen

AAES Research Reports and Research Bulletins

Production budgets are presented for wine and juice grapes suitable for cultivation in Arkansas. Varieties examined include V. labruscana, French-American and American hybrids, V. aestivalis, V. rotundifolia, and V. vinifera. Important production considerations specific to each of these varieties are summarized. Results indicate considerable variation in profit potential among varieties. However, one or more varieties can be profitably grown in most regions of the state. With the exception of Sunbelt, V. labruscana varieties showed the least profitability. V. rotundifolia (muscadine) varieties hold promise as a new crop for the warmer southern regions of Arkansas, while Chambourcin shows strong profit potential …


The Muscadine Experience: Adding Value To Enhance Profits, Justin R. Morris, Pamela L. Brady Sep 2004

The Muscadine Experience: Adding Value To Enhance Profits, Justin R. Morris, Pamela L. Brady

AAES Research Reports and Research Bulletins

The University of Arkansas Division of Agriculture received a grant from the USDA’s Initiative for Future Agriculture and Food Systems (IFAFS) program. The purpose was to help small- and medium-sized farmers and entrepreneurs become more profitable and therefore add stability to the family farm. One approach to doing this is to investigate opportunities to enhance profits by adding value to traditional raw products.


Impact Of The Agricultural Sector On The Arkansas Economy, H. L. Goodwin Jr., Jennie Popp, Wayne Miller, Gina Vickery, Z. Clayton-Niederman Oct 2002

Impact Of The Agricultural Sector On The Arkansas Economy, H. L. Goodwin Jr., Jennie Popp, Wayne Miller, Gina Vickery, Z. Clayton-Niederman

AAES Research Reports and Research Bulletins

Agriculture historically has been one of the primary sectors of the Arkansas economy. Agriculture is defined as the sum of agricultural, forestry, and fisheries production and processing activities unless otherwise specified. Not only does agriculture contribute to the economy through direct agricultural production and added value processing, it also plays an important role through the economy’s other sectors. Utilizing data from the United States Bureau of Economic Affairs and the State of Arkansas, the economic impact of agriculture on the Arkansas economy was estimated for the latest year available, 1999. Gross State Product (GSP) information for Arkansas was compared with …


Vietnam’S Rice Economy: Developments And Prospects, Kenneth B. Young, Eric J. Wailes, Gail L. Cramer, Nguyen Tri Khiem Apr 2002

Vietnam’S Rice Economy: Developments And Prospects, Kenneth B. Young, Eric J. Wailes, Gail L. Cramer, Nguyen Tri Khiem

AAES Research Reports and Research Bulletins

Vietnam shifted rapidly from being a net rice importer prior to 1987 to become the second largest world rice exporter by 1995. Net rice exports have leveled off at about 3.8 million metric tons from 1997 to 1999. The world rice price has dropped dramatically in 2000 to barely cover the rice production cost in Vietnam, and net rice exports are expected to fall to 3.4 million mt because of the poor import demand in 2000. This report reviews the policy adjustments that led to the rapid growth in rice production and evaluates the prospects for Vietnam to continue as …


Production Systems Involving Stocker Cattle And Soft Red Winter Wheat, L. B. Daniels, K. F. Harrison, D. S. Hubbell Iii, Z. B. Johnson, T. E. Windham, E. B. Kegley, D. Hellwig Feb 2002

Production Systems Involving Stocker Cattle And Soft Red Winter Wheat, L. B. Daniels, K. F. Harrison, D. S. Hubbell Iii, Z. B. Johnson, T. E. Windham, E. B. Kegley, D. Hellwig

AAES Research Reports and Research Bulletins

A three year study at the Livestock and Forestry Research Station near Batesville, Arkansas evaluated production systems involving stocker cattle and soft red winter wheat. Grazing of soft red winter wheat forage from October through February followed by harvesting wheat grain or grazing through April with stocker cattle offers an alternative to conventional farming. Soft red winter wheat, when planted by September 15, produces an ample supply of high-quality forage that supports rapid growth of stocker cattle during October through April. Net income from stocker cattle averaged over $100 per acre. A normal wheat grain crop can also be harvested. …


Models Of Farm Service Agency Guaranteed Loan Loss Claim Rates In The U.S. For 1990-1998, Latisha A. Settlage, Bruce L. Dixon, Bruce L. Ahrendsen, Steven R. Koenig Dec 2001

Models Of Farm Service Agency Guaranteed Loan Loss Claim Rates In The U.S. For 1990-1998, Latisha A. Settlage, Bruce L. Dixon, Bruce L. Ahrendsen, Steven R. Koenig

AAES Research Reports and Research Bulletins

The Farm Service Agency guaranteed loan program is an important source of credit for family-sized farming operations in Arkansas and the other states of the U.S. This program provides loan guarantees to borrowers who are otherwise unable to obtain credit from traditional lenders at reasonable rates and terms. This study identifies those factors related to the program’s loss claim rate performance over the years fiscal 1989 through 1998 using state-level data from forty states. For both the operating loan and farm ownership loan programs, farm operator financial variables, interest rates, and commercial bank characteristics are found to be statistically significant …


Soybean Marketing Methods And Characteristics Of Arkansas Grain Handlers, Patricia A. Sauer, Nathan B. Smith, Andrew M. Mckenzie Sep 2000

Soybean Marketing Methods And Characteristics Of Arkansas Grain Handlers, Patricia A. Sauer, Nathan B. Smith, Andrew M. Mckenzie

AAES Research Reports and Research Bulletins

Arkansas producers should acquaint themselves with all marketing methods available to them. Of particular importance is the pervasiveness of price risk within the current economic climate. This bulletin provides insights into the current structure of the grain marketing industry, soybean handler characteristics, and the availability and use of marketing alternatives in Arkansas. Arkansas soybean handlers were surveyed in 1998 to determine the marketing practices of both handlers and producers for the 1996 crop year. Particular emphasis was placed on the types of contracting methods offered by these handlers. Both facility size and corporate structure were found to play a significant …


Models Of Fsa Guaranteed Loan Use Volume And Loss Claims Among Arkansas Commercial Banks, Bruce L. Dixon, Bruce L. Ahrendsen, Scott M. Mccollum Nov 1999

Models Of Fsa Guaranteed Loan Use Volume And Loss Claims Among Arkansas Commercial Banks, Bruce L. Dixon, Bruce L. Ahrendsen, Scott M. Mccollum

AAES Research Reports and Research Bulletins

The Farm Service Agency (FSA) guaranteed loan programs are an important source of credit to production agriculture. The two major guaranteed loan programs are the operating loan (OL) program and the farm ownership (FO) loan program. Guaranteed loans insure payment to the lender of up to 95% of the losses in the event of borrower default. FSA has historically been involved in lending to farm operators via direct loans, but emphasis has changed over the last two decades to making guaranteed loans the primary source of FSA associated lending to production agriculture. This study seeks to determine what characteristics of …


An Economic Assessment Of The Myanmar Rice Sector: Current Developments And Prospects, Kenneth B. Young, Gail L. Cramer, Eric J. Wailes Feb 1998

An Economic Assessment Of The Myanmar Rice Sector: Current Developments And Prospects, Kenneth B. Young, Gail L. Cramer, Eric J. Wailes

AAES Research Reports and Research Bulletins

In this study, the Myanmar rice economy is described in the context of the current political situation and state of national economic development. The forces that are changing rice production and exports are identified; however, the rate of development involves a complex integration of government intervention and politics, as well as availability of resources. Probable scenarios for rice production and export are projected based on recent growth trends and expected infrastructure development. The Arkansas Global Rice Model is used to integrate the Myanmar rice sector with the global rice market in developing projections.


Marketing Practices Of Arkansas Beef Cattle Producers, Michael P. Popp, Lucas D. Parsch Jan 1998

Marketing Practices Of Arkansas Beef Cattle Producers, Michael P. Popp, Lucas D. Parsch

AAES Research Reports and Research Bulletins

This report contains information from a 1996 survey on marketing practices of Arkansas beef cattle producers. While several studies have been completed on the profitability of retained ownership of beef cattle, few data are available on what marketing techniques and decision criteria cow-calf and stocker operations use to market their cattle. This report shows that there are some differences in opinions on marketing issues such as pooled cattle sales and retained ownership across cow-calf and stocker operations. Further, these operations use different sources of information to make marketing decisions. The results of this study can be particularly helpful in providing …


The Mercosur Rice Economy, Ralph Bierlen, Eric J. Wailes, Gail L. Cramer Jul 1997

The Mercosur Rice Economy, Ralph Bierlen, Eric J. Wailes, Gail L. Cramer

AAES Research Reports and Research Bulletins

There has been growing interest among nations in the western hemisphere in preferential trading arrangements (Taylor et al., 1995; Schuh and Junguita, 1993). Since 1990, 33 regional agreements have been registered with the World Trade Organization — the supranational organization that sets the rules for international trade (Blandford, 1995). One of the most important of these trading arrangements is the Mercado Comun del Sur (Common Market of the South), commonly referred to by its acronym, the MERCOSUR. (See Table 1 for a definition of acronyms and technical terms.) The MERCOSUR is a customs union whose member nations are Argentina, Brazil, …