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Economic Analysis of Anaerobic Digestion Systems and the Financial Incentives Provided by the New York State Renewable Portfolio Standard (RPS) Customer-Sited Tier (CST) Anaerobic Digester Gas (ADG)-to-Electricity Program AgEcon
Enahoro, Dolapo K.; Gloy, Brent A..
This paper conducts a financial analysis of anaerobic digestion systems on dairy farms and describes a financial model developed for this purpose. The model is flexible and can be utilized with farm-specific data to assist in the evaluation of an anaerobic digestion system. The model is illustrated with two sources of data. The “base” case is the more flexible model and the parameters to utilize the model were developed from a wide range of resources. The second model is meant to be used in conjunction with FarmWare 3.1 which was developed and distributed by the United States Environmental Protection Agency’s AgStar Program. The analysis also explicitly incorporates the financial incentives offered under the New York State Energy Research and Development...
Tipo: Working Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/121779
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NY Pollution Discharge Elimination Permits for CAFOs, Management Adjustments and the Environment AgEcon
Enahoro, Dolapo K.; Schmit, Todd M.; Boisvert, Richard N..
Weakening demand for livestock and dairy produce, historically high prices for feed ingredients and increasingly strict regulations on animal waste management continue to put significant pressure on livestock and dairy operating margins. In this paper, we use representative farm mathematical programming models to analyze important linkages between farm management adjustments and changes in farm income due to recent changes in relevant agricultural prices and restrictions on land application of nutrients. We account explicitly for new restrictions on land application of nitrogen and phosphorus, and specifically applied to confined animal feeding operations (CAFOs). Our mathematical methods and the distinctive data available allows for the assessment of...
Tipo: Conference Paper or Presentation Palavras-chave: CAFO regulations; Nutrient management; Manure disposal; Mathematical programming; Environmental quality; Environmental Economics and Policy; Farm Management; Production Economics.
Ano: 2010 URL: http://purl.umn.edu/61143
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EXAMINING THE POTENTIAL BENEFITS OF FEDERALLY SUBSIDIZED FARM SAVINGS ACCOUNTS FOR DAIRY FARMERS AgEcon
Enahoro, Dolapo K.; Gloy, Brent A..
Financial data from a panel of New York dairy farms was analyzed to examine the potential benefits of establishing federally subsidized farm savings accounts for dairy farmers. The paper examines whether farmers would have sufficient cash flow to fund the accounts, how the accounts would influence farm income variability, and how program design influences eligibility for the benefits received from the accounts.
Tipo: Conference Paper or Presentation Palavras-chave: Financial Economics.
Ano: 2006 URL: http://purl.umn.edu/21298
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Dairy Farm Management Adjustments to Biofuels-Induced Changes in Agricultural Markets AgEcon
Schmit, Todd M.; Boisvert, Richard N.; Enahoro, Dolapo K.; Chase, Larry.
A mathematical programming model of a representative New York dairy farm is developed to identify optimal management adjustments to increased availability of corn distillers dried grains with solubles (DDGS). While at current prices DDGS feeding is limited to dry cows and young stock, as prices decrease, DDGS in lactating cow rations increase from 7.4% to 20% on a dry matter basis. While expected changes in net farm returns are modest, more important is the consideration of changes in nutrient management practices necessary to deal with increasing levels of nitrogen and phosphorus in the animal waste.
Tipo: Working or Discussion Paper Palavras-chave: Production; Management; Agribusiness; Agricultural Finance; Farm Management; Financial Economics; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/51155
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