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Agricultural and Resource Economics Commons™

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2008

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Articles 91 - 120 of 145

Full-Text Articles in Agricultural and Resource Economics

The Economic Optimal Weight For The Replacement Beef Female, Matthew Stockton, Roger K. Wilson Apr 2008

The Economic Optimal Weight For The Replacement Beef Female, Matthew Stockton, Roger K. Wilson

Cornhusker Economics

Determining the optimal weight for breeding replacement heifers has been a goal of researchers for decades. It is an important question because replacing cows in the beef herd is expensive.

Finding the answer is a complex problem because of the inter-related nature of the economic and physiological variables. Patterson et al. (1992) may have expressed the nature of the problem best when he said, “Although puberty in the female and the events that precede its onset may be fixed from a physiological standpoint, the animal and management environment in which it is placed are in constant transition.” This indicates that …


Potential Economic Impact Of Drought On Rafting Activity, Prabhakar Shrestha, Karina Schoengold Apr 2008

Potential Economic Impact Of Drought On Rafting Activity, Prabhakar Shrestha, Karina Schoengold

Cornhusker Economics

As part of a research project with the National Drought Mitigation Center, we have been studying the impact of drought on the Colorado rafting industry. During our research we conducted personal interviews with seven outfitters operating in the Upper Arkansas River and Colorado Department of Natural Resources officials, represented by the Arkansas Headwaters Recreational Area (AHRA). The customer distribution for this river for the last twenty-year period is shown in Figure 1 (on next page). Compared to previous seasons, the 2002 season had a dramatic decrease in the total number of customers. This season was impacted due to several factors, …


The Return Of Stagflation?, Jeffrey S. Royer Apr 2008

The Return Of Stagflation?, Jeffrey S. Royer

Cornhusker Economics

Within the past few months, there has been a substantial increase in the news media’s use of the term “stagflation” in reference to the future of the U.S. economy. Economists use stagflation to refer to a prolonged period characterized by both stagnation, represented by slow economic growth and high unemployment, and inflation, which is an increase in the general price level.

Stagflation was an important economic problem for many countries during the 1970s. In the United States, stagflation is associated with the 1973 oil embargo, which brought skyrocketing energy prices. Although the embargo was lifted in 1974, its effects persisted …


2007 Nebraska Farm Income Averages, Tina N. Barrett Apr 2008

2007 Nebraska Farm Income Averages, Tina N. Barrett

Cornhusker Economics

The Nebraska Farm Business, Inc. farm income averages for the 2007 year are just about finished, and to no one’s surprise, it was an excellent year. The average net farm income for 2007, reported by the participants of the program is $193,259 per operation. Since some of these operations are organized with more than one member, the per operator net farm income of $160,726 is also important.


Rejoinder, Alejandro Onofri, Lilyan Fulginiti Apr 2008

Rejoinder, Alejandro Onofri, Lilyan Fulginiti

Department of Agricultural Economics: Faculty Publications

No abstract provided.


Public Inputs And Dynamic Producer Behavior: Endogenous Growth In U.S. Agriculture, Alejandro Onofri, Lilyan E. Fulginiti Apr 2008

Public Inputs And Dynamic Producer Behavior: Endogenous Growth In U.S. Agriculture, Alejandro Onofri, Lilyan E. Fulginiti

Lilyan E. Fulginiti Publications

This paper is an attempt to understand the impact of public R&D and public infrastructure on the performance of the U.S. agricultural sector during the last part of the twentieth century. A neoclassical Solow growth model is not sufficient for this understanding given the sustained growth performance of the sector. We base our analysis on a well known endogenous growth model, the 'AK model' where nonconvexities are introduced through non-rival inputs. Based on these models and within the dynamic models that rationalize private and public decision making, we have identified three testable hypotheses regarding the aggregate agricultural production technology. They …


Rejoinder, Alejandro Onofri, Lilyan Fulginiti Apr 2008

Rejoinder, Alejandro Onofri, Lilyan Fulginiti

Lilyan E. Fulginiti Publications

No abstract provided.


2008 Nebraska Farm Custom Rates - Part I, Doug Jose, Page Bek Apr 2008

2008 Nebraska Farm Custom Rates - Part I, Doug Jose, Page Bek

Cornhusker Economics

Every two years a survey of custom operators is conducted to determine the current rates charged for specific machinery operations. The PRELIMINARY results reported here reflect only the statewide results for Part I, which includes the spring and summer operations such as planting and small grains harvest. This is not the full report for all operations.

Custom rates reported include charges for the use of necessary equipment, fuel and supplies such as baling wire or twine provided by the custom operator, and labor. Seed, fertilizer and chemical costs are not included.

This survey is not based on a random sample …


Public Inputs And Dynamic Producer Behavior: Endogenous Growth In U.S. Agriculture, Alejandro Onofri, Lilyan Fulginiti Apr 2008

Public Inputs And Dynamic Producer Behavior: Endogenous Growth In U.S. Agriculture, Alejandro Onofri, Lilyan Fulginiti

Department of Agricultural Economics: Faculty Publications

This paper is an attempt to understand the impact of public R&D and public infrastructure on the performance of the U.S. agricultural sector during the last part of the twentieth century. A neoclassical Solow growth model is not sufficient for this understanding given the sustained growth performance of the sector. We base our analysis on a well known endogenous growth model, the 'AK model' where nonconvexities are introduced through non-rival inputs. Based on these models and within the dynamic models that rationalize private and public decision making, we have identified three testable hypotheses regarding the aggregate agricultural production technology. They …


Las Canastas Solidarias: Construyendo Una Comercialización Directa Con Los Productores, Un Análisis De Los Métodos Usados Para Realizar Este Objetivo, Caitlin Howe Apr 2008

Las Canastas Solidarias: Construyendo Una Comercialización Directa Con Los Productores, Un Análisis De Los Métodos Usados Para Realizar Este Objetivo, Caitlin Howe

Independent Study Project (ISP) Collection

A Canasta Solidaria is a group of people that buys its food together in bulk every week, fifteen days, or month, and then divides this food amongst them. The members of a Canasta save money by buying these products in such a large quantity and splitting these costs. However, they would also like to buy products of better quality. To accomplish this, they are trying to commercialize directly with farmers. Canastas have formed in a variety of regions throughout Ecuador, but this paper analyzes specifically the methods used by the Quito network of Canastas to accomplish direct commercialization with producers. …


An Assessment Of Subsidy Removal Effects On And Future Sustainability For Livestock Sector Of In The Northern Jordanian Badia, Christopher Jetter Apr 2008

An Assessment Of Subsidy Removal Effects On And Future Sustainability For Livestock Sector Of In The Northern Jordanian Badia, Christopher Jetter

Independent Study Project (ISP) Collection

This study investigates the rationale behind the 2007 removal of the fodder subsidy in Jordan and the effects this had on livestock owners in the Northern Badia. Furthermore, it examines possible solutions for improving the efficiency of the sector as well as its sustainability. The government’s decision to lift the subsidy was due to the pressure of rising world cereal prices on the national budget deficit. Owners in the Northern Badia as a result had to sell off around half of their flock. Consequently, there has been a rise in disease among livestock as well as higher prices for consumers. …


The International Market, Globalization And Nafta: If Food Is Life, Why Have We Allowed It To Become So Dirty?, Abigail Dym Apr 2008

The International Market, Globalization And Nafta: If Food Is Life, Why Have We Allowed It To Become So Dirty?, Abigail Dym

Independent Study Project (ISP) Collection

No abstract provided.


Ethanol Byproduct Prices, Darrell R. Mark, Josie Waterbury Mar 2008

Ethanol Byproduct Prices, Darrell R. Mark, Josie Waterbury

Cornhusker Economics

Ethanol production has been increasing exponentially in recent years. Production in 2007 was at approximately 7.5 billion gallons, and is projected to grow to over 11 billion gallons within the next couple of years (Renewable Fuels Association). Not only is this growing industry producing increasing amounts of ethanol fuel, but the quantity of ethanol byproducts is rapidly increasing as well. The Renewable Fuels Association estimates that more than 14.6 million metric tons of distillers grains were produced in 2007. As a byproduct of dry mill ethanol production, both dry distillers grains plus solubes (DDGS) and wet distillers grains plus solubes …


Switchgrass Cost Of Production: Data From On-Farm Trial, 2001–2005, Richard K. Perrin, Kenneth P. Vogel, Marty R. Schmer, Robert B. Mitchell Mar 2008

Switchgrass Cost Of Production: Data From On-Farm Trial, 2001–2005, Richard K. Perrin, Kenneth P. Vogel, Marty R. Schmer, Robert B. Mitchell

Department of Agricultural Economics: Faculty Publications

Switchgrass is considered a potential commercial biomass feedstock but field scale production and production cost data have been limited. The costs of production incurred on ten commercial-sized fields in the northern Great Plains, between 2000 and 2005 have been reported in a scientific journal paper4. This report provides the detailed information, in English metric units, that was used to conduct the economic analyses. The average annualized cost to produce and store switchgrass on these farms was $60 per ton of dry matter, which translates to an ethanol feedstock cost of about $0.66-0.75 per gallon of ethanol, depending upon the ultimate …


The United States Of America And Azerbaijan: Economic Relations, Anar Hatamov, George Langelett Mar 2008

The United States Of America And Azerbaijan: Economic Relations, Anar Hatamov, George Langelett

Economics Commentator (1972- 2016)

No abstract provided.


Nebraska Farmland Values And Cash Rents Rise Sharply, Bruce B. Johnson Mar 2008

Nebraska Farmland Values And Cash Rents Rise Sharply, Bruce B. Johnson

Cornhusker Economics

The average value of Nebraska farmland rose 23 percent over the past 12 months, the steepest annual percentage gain ever recorded in the 30-year history of the University of Nebraska-Lincoln Nebraska Farm Real Estate Market Survey (Figure 1 and Table 1). Preliminary results place the state’s all-land average value at $1,425 per acre as of February 1, 2008. This gain, combined with the gains of the past four years, puts the current all-land average value more than 88 percent higher than the 2003 level. Today’s level represents a new historical peak value, not only in nominal terms but also in …


23rd Women In Agricultural Conference, Megan Voss Mar 2008

23rd Women In Agricultural Conference, Megan Voss

Cornhusker Economics

Over 300 women from across the state participated in the 23rd Women In Agriculture Conference held February 21-22, 2008. For some, it was their first time attending the conference, and for others it was their 23rd. Participants spent time listening to keynote speakers, participating in topic specific workshops and socializing. The women also had the opportunity to learn about new things happening in the agricultural industry by visiting with booth attendants and talking with the sponsors of the conference. “I enjoyed the positive attitude that rubbed from one person to another – such fun!” said a participant from Gosper County. …


The Outlook For Switchgrass As An Energy Crop, Richard K. Perrin, Brian Williams Mar 2008

The Outlook For Switchgrass As An Energy Crop, Richard K. Perrin, Brian Williams

Cornhusker Economics

Corn ethanol production has already had a big impact on Nebraska agriculture. What about switch-grass for ethanol? Will it become an important crop in the Great Plains, and if so, when? How much will it be worth?

These are important questions for Nebraska agriculture, and the future is murky. In this issue we summarize some of what is known at this point.


On Changes In Rural China: The Rise Of Agrarian Capitalism And Dissolution Of The Peasantry In Contemporary China, Forrest Zhang, John A. Donaldson Mar 2008

On Changes In Rural China: The Rise Of Agrarian Capitalism And Dissolution Of The Peasantry In Contemporary China, Forrest Zhang, John A. Donaldson

Research Collection School of Social Sciences

For decades, Mr. Hong and his family have toiled the ground of Dounan Village, an area of Yunnan Province that became well-known throughout China for the quality of its fresh vegetables. While Hong and his neighbors have, since the early 1980s, concentrated on the small plot of land that the state allocated to them, in recent years, Dounan village has begun producing vegetables in large enough scale to market to distant, wealthy coastal areas, bringing new-found prosperity to the area. After gaining experience producing vegetables both on the plot that the government allocated to his family, and on his neighbors’ …


Grain Situation And Outlook; Cattle Market Fundamentals, Alan May, Matthew Diersen Feb 2008

Grain Situation And Outlook; Cattle Market Fundamentals, Alan May, Matthew Diersen

Economics Commentator (1972- 2016)

No abstract provided.


Economic Stimulus: Charting The Cautious Course; Econometrics Versus Regression Analysis, John A. Sodney, Jing Li Feb 2008

Economic Stimulus: Charting The Cautious Course; Econometrics Versus Regression Analysis, John A. Sodney, Jing Li

Economics Commentator (1972- 2016)

No abstract provided.


Farm Lease Termination, J. David Aiken Feb 2008

Farm Lease Termination, J. David Aiken

Cornhusker Economics

Rising crop prices have led many landlords to seek renegotiation of lease terms, particularly cash rents. Most Nebraska leases are unwritten, which means that notice of termination must be given six months in advance, usually by August 31. If the landlord cannot terminate the lease, the landlord cannot require the tenant to renegotiate the lease in order to avoid lease termination. However, smart tenants would renegotiate the lease with the landlord in order to keep the lease longer. If a tenant refuses to renegotiate, the tenant could lose the lease after the current crop year.

Many farm leases, especially those …


Fiscal Stimulus; 2008 Sdsu South Dakota Farm Real Estate Market Survey, Bill Adamson, Burton Pflueger Feb 2008

Fiscal Stimulus; 2008 Sdsu South Dakota Farm Real Estate Market Survey, Bill Adamson, Burton Pflueger

Economics Commentator (1972- 2016)

No abstract provided.


Dnr Study Narrows Republican Water Options, J. David Aiken Feb 2008

Dnr Study Narrows Republican Water Options, J. David Aiken

Cornhusker Economics

On December 19, 2007 the state of Kansas informed the state of Nebraska that we are out of compliance with the Republican River Compact settlement. Kansas wants us to immediately cut back Republican Basin water consumption by 27 percent. A June 2007 study by the Nebraska Department of Natural Resources (DNR) indicates that our supply from the Republican River will significantly decline over time. These two developments mean it is time to implement a permanent state/local funded irrigation rollback (i.e. reduction) in the Republican Basin.


Corn Versus Soybeans Decisions In 2008, Burton Pflueger, Don Guthmiller Feb 2008

Corn Versus Soybeans Decisions In 2008, Burton Pflueger, Don Guthmiller

Economics Commentator (1972- 2016)

No abstract provided.


The Corn Ethanol Boom And Food Prices, Richard K. Perrin, Luke Beckman Feb 2008

The Corn Ethanol Boom And Food Prices, Richard K. Perrin, Luke Beckman

Cornhusker Economics

From January, 2006 to December, 2007 the Consumer Price Index (CPI) went up 6.5 percent. During this same period, ethanol production increased 75 percent, which helped grain prices to rise dramatically – corn price doubled, wheat went up even more, and soybeans a little less. Casual reading of the public press would suggest that there must be some connections here.


Developing A Fair Lease Arrangement For Farmland Leasing Arrangements Workshops, Bruce Johnson, Ben Blomendahl Feb 2008

Developing A Fair Lease Arrangement For Farmland Leasing Arrangements Workshops, Bruce Johnson, Ben Blomendahl

Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature

Topics Covered:

A.Cash Leasing
B.Flexible Cash Leasing
C.Crop share Leasing
D.Other Leasing Aspects


Managing Financial Risk Through Boom And Bust, David J. Goeller Feb 2008

Managing Financial Risk Through Boom And Bust, David J. Goeller

Cornhusker Economics

We are again experiencing economic times in which one sector of the agricultural economy is experiencing prosperity while other sectors struggle. Ethanol has created an increase in demand for corn, while it has also increased the cost of feed for livestock producers. Agricultural profits have historically been cyclical. Some years produce high profits (boom), some years produce low profits and some years no profits (bust). Managing the risks associated with today’s farm and ranch operations is crucial. Market volatility, increased input costs and large capital requirements are among the factors contributing to the risk of potentially negative financial impacts associated …


The Impact Of Agriculture On The Economy Of South Dakota, Gary Taylor Feb 2008

The Impact Of Agriculture On The Economy Of South Dakota, Gary Taylor

Economics Commentator (1972- 2016)

No abstract provided.


Nebraska Agriculture Fact Card Feb 2008

Nebraska Agriculture Fact Card

Department of Agricultural Economics: News, Announcements, and Information

Cash receipts from farm marketings contributed over $12 billion to Nebraska’s economy in 2006, ranking 4th in the nation.

Nebraska’s six leading commodities (in order of importance) for cash receipts are cattle and calves, corn, soybeans, hogs, wheat, and dairy products, which represent 95 percent of the state's total farm receipts.

Nebraska's Top National Rankings

Nebraska Ag Facts

Nebraska's Natural Resources