Physical Sciences and Mathematics Commons^™

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 …

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 …

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.

Economic Feasibility Of Aquaponics In Arkansas, Leah Ashley English

Graduate Theses and Dissertations

Concerns regarding population growth and resource scarcity have led to a recent renaissance of food production research. Over the past few decades, scientists have discovered new and innovative methods for growing food that, cumulatively, may hold the key to efficiently and sustainably feeding an ever-increasing world population. One method, known as aquaponics, has shown promise as being a sustainable solution for producing food locally in all parts of the world. Although many studies have shown aquaponic food production to be technically feasible, there are relatively few studies concerning the economic feasibility of aquaponics in various regions. To determine whether aquaponics …

Modifying A Cow-Calf Biophysical Simulation Model For Analyses Of Alternative Enterprises, Jennifer L. Lutes

Graduate Theses and Dissertations

Cow-calf producers in the United States, tasked with providing beef calves for the beef industry, have had a multitude of difficulties to overcome in recent years. Producers in northwest Arkansas were negatively impacted by high hay prices coupled with low beef cattle market prices due to severe drought experienced in portions of 2010, 2011, and 2012. During this time they also faced high grain prices, due to a record low harvest, combined with portions of the corn harvest diverted from human and animal feed to ethanol production. Tight lending policies of this time, reminiscent of the housing market crash in …

Life Cycle Assessment Of Alternative Swine Management Practices, Prathamesh Avadhut Bandekar

Graduate Theses and Dissertations

Life Cycle Assessments (LCAs) are quantitative analyses of complex systems for evaluation of impacts and risk associated with management decisions. LCAs can be effective tools for determining comparative advantages of management strategies across specific impact concern. In this study, life cycle assessments of pork production management alternatives was performed. The alternative management practices included in this study were production of entire males (boars), use of pens for gestation housing, immunocastration, production without growth promoting antimicrobials, production without growth promoting and preventive antimicrobials, and production without ractopamine. These LCAs evaluated the impact of each management strategy on greenhouse gas emission (GHG), …

A Roadmap To Mindful Consumption Through Informative Labeling Practices: The Effects Of Sustainability Disclosure Formats On Consumer Product Evaluations, Yoon-Na Cho

Graduate Theses and Dissertations

Despite the interest of consumers in sustainable and environmentally friendly products, only a limited number of studies have focused on sustainability level disclosures for consumer packaged goods. The general overarching purpose of this dissertation is to extend the internal reference point and information processing literatures to better understand how consumers will process sustainability disclosures. Applying the theoretical lens of assimilation bias in conjunction with self-enhancement offers an important extension to prior work. Across two retail lab studies and four online experiments, I demonstrate that the perceived sustainability utility (i.e., the difference between a specific brand's level of sustainability and category-level …

Investing In An Agricultural Legacy, Leo Paul Goeringer

Graduate Theses and Dissertations

America's agricultural producers continue to age. According to the U.S. Census of Agriculture, the average age of farm operators increased from 55.3 in 2002 to 57.1 in 2007. During the same period, the Census shows a thirty percent decrease in the number of farmers under age 25. Young and beginning producers (YBPs) entering agriculture face high startup costs and a shortage of land to own or rent.

With these concerns in mind, this manuscript details the impact of an innovative proposed loan program for YBPs in Arkansas, which would offer concessionary interest rates and loan fees by participating banks for …

Estimating Cost Efficiencies Of Propane Use In Broiler Production: Case Study From Savoy, Arkansas And Trnaca Pri Laborci, Slovak Republic, Zuzana Petrikova

Graduate Theses and Dissertations

This study focuses on analyzing the common practice of U.S. broiler farmers to operate on cash basis instead open credit lines for operating cost of propane gas for heating. Data for analysis were taken over from U.S. ABRF at Savoy and Slovak Farm Univerza at Trnava pri Laborci. Predicting the propane gas usage and propane gas cost was analyzed using the OLS model. It describes impact of selected factors on gas usage and cost. The overall purpose of the thesis is to find out which approach from designed scenarios is more economically efficient for farmer: (a) to pre-purchase propane gas …