SABIIA - Sistema Aberto e Integrado de Informação em Agricultura (Sabiia)

Leitch, Jay A.; Hovde, Brett; Taylor, Richard D..

2001 OUTLOOK OF THE U.S. AND WORLD SUGAR MARKETS

Palavras-chave: Public Economics.

Ano: 1995

URL: http://purl.umn.edu/23359

This report evaluates the U.S. and world sugar markets for 2000-2010 by using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to improve over the next ten years after the current over supply is reduced. World demand for sugar is expected to grow faster than world supply, resulting in gradually increasing Caribbean sugar prices from 8.51 cents/lb in 2000 to 12.67 cents/lb in 2010. The U.S. wholesale price of sugar is projected to increase from 22.5 cents/lb in 2000 to 26.6 cents/lb in 2010, if the United States maintains its sugar programs. World...

2002 OUTLOOK OF THE U.S. AND WORLD SUGAR MARKETS, 2001-2011

Palavras-chave: Sugar; Production; Exports; Consumption; Ending Stocks.; Crop Production/Industries.

Ano: 2001

URL: http://purl.umn.edu/23602

This report evaluates the U.S. and world sugar markets for 2001-2011 by using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to improve over the next 10 years after the current over supply is reduced. World demand for sugar is expected to grow faster than world supply, resulting in gradually increasing Caribbean sugar prices from 7.81 cents/lb in 2001 to 12.05 cents/lb in 2011. The U.S. wholesale price of sugar is projected to increase from 21.7 cents/lb in 2001 to 25.2 cents/lb in 2011, if the United States maintains its sugar programs. World...

Economic Impact of a Targeted Marketing Loan Program on North Dakota

Palavras-chave: Sugar; Production; Exports; Consumption; Ending stocks; Crop Production/Industries.

Ano: 2002

URL: http://purl.umn.edu/23645

Saxowsky, David M.; Koo, Won W.; Taylor, Richard D..

Tipo: Technical Report

Palavras-chave: Agricultural Finance; Marketing.

Ano: 1996

URL: http://purl.umn.edu/120981

ETHANOL'S IMPACT ON THE U.S. CORN INDUSTRY

Taylor, Richard D.; Mattson, Jeremy W.; Andino, Jose; Koo, Won W..

This report evaluates the U.S. corn sector, especially changes in ethanol production. This analysis is based on a series of assumptions about general economic conditions, agricultural polices, weather conditions, and technological change. Changes in ethanol production will impact the production, feed use, and exports of corn, as well as the general price level. Federally mandated ethanol usage dictates the growth of ethanol production in the United States. Other factors have limited impact on corn price.

IMPACTS OF THE FEDERAL AGRICULTURAL IMPROVEMENT AND REFORM ACT OF 1996 (FAIR ACT) ON THE NORTH DAKOTA AGRICULTURAL ECONOMY

Palavras-chave: Ethanol; Government subsidies; Feed use; Corn; Exports; Crop Production/Industries; Resource /Energy Economics and Policy.

Ano: 2006

URL: http://purl.umn.edu/23512

Koo, Won W.; Duncan, Marvin R.; Taylor, Richard D.; Aakre, Dwight G..

The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) decouples government farm subsidy payments from both price and production and provides farmers with nearly complete planting flexibility. Government spending under this act will be limited to $35.63 billion for 1996-2002 period. The net farm income for all six representative farms under the 1996 FAIR Act is projected to be higher than under the 1990 farm act early in the forecast period and lower after 1999 under the 1996 FAIR Act. Cropland prices are projected to fall 19.8% between 1996 and 2002 under the 1996 FAIR Act, while cropland prices are projected to fall 18.5% under the 1990 farm act. Cash rental rates are projected to follow cropland prices. Debt-to-asset ratios for most...

PROFIT CONSISTENCY AND MANAGEMENT CHARACTERISTICS FOR SUCCESSFUL NORTH DAKOTA FARMS, 1995-2000

Palavras-chave: FAIR Act; Net farm income; Debt-to-asset ratio; Cropland prices; Land rental rates; Farm operating expenses; Capitalization rate; Agricultural and Food Policy.

Ano: 1996

URL: http://purl.umn.edu/23150

Taylor, Richard D.; Koo, Won W.; Swenson, Andrew L..

Farm profitability varies widely among producers, but the reasons for those differences are not clear as it is generally not known if the same farms are in the higher profit categories every year. Characteristics of the individual producer also vary substantially. Farm size, crop yields, cost of production, debt structure, and land ownership are some of the traits which differ among farms. This study analyzed farm finance data from the North Dakota Farm and Ranch Business Management Program over the years 1996-2000 to determine if the characteristics of profitable farms were different from the characteristics of farms which were not as profitable. A secondary objective was to evaluate if farms remained in similar profit quartiles every year.

MODELING INTERNATIONAL TRADE IMPACTS OF GENETICALLY MODIFIED WHEAT INTRODUCTIONS

Palavras-chave: North Dakota Farm and Ranch Business Management Program; Farm characteristics; Return on assets; Costs; Land ownership; Debt structure; Farm Management.

Ano: 2002

URL: http://purl.umn.edu/23607

DeVuyst, Eric A.; Koo, Won W.; DeVuyst, Cheryl Sinn; Taylor, Richard D..

Planned introductions of genetically modified crop varieties can be troublesome to model. Estimation of demand and supply equations is not feasible due to lack of data. Further, specifying demand and supply equations requires calibration to a presumed equilibrium. Depending on the point chosen, highly questionable results may be obtained. We propose a model that uses existing supply, demand, and elasticity estimates. The approach relies on composite supply and demand functions. These composite functions are linear combinations of GM and non-GM varieties. We then employ this approach in a model of world wheat trade to analyze the impact of several plausible GM wheat adoption and consumer acceptability scenarios.

ECONOMIC ANALYSIS OF THE PROPOSED NORTH DAKOTA WHEAT POOL; SUMMARY

Palavras-chave: International trade; Genetically modified organisms; Producer surplus; Consumer surplus; Welfare; Transportation cost; International Relations/Trade; Research and Development/Tech Change/Emerging Technologies.

Ano: 2001

URL: http://purl.umn.edu/23550

Koo, Won W.; Nganje, William E.; Johnson, D. Demcey; Park, Joon J.; Taylor, Richard D..

The ND Durum Wheat Pool may provide additional revenue to durum wheat producers by raising the domestic prices in the North American market with full cooperation from the Canadian Wheat Board. The pool also could provide additional revenue to its members by improving marketing efficiency. On the other hand, the ND Spring Wheat Pool is less likely to provide additional revenue to spring wheat producers by raising domestic prices, mainly because hard red spring and winter wheat are highly substitutable. Efficiency gains also could be smaller than for durum wheat.

2004 NORTH DAKOTA AGRICULTURAL OUTLOOK: REPRESENTATIVE FARMS, 2004-2013

Palavras-chave: Marketing pool; Market power; Efficiency gains; Durum wheat; Hard red spring wheat; Pool price; Organizational structure; Operating costs; Marketing.

Ano: 1999

URL: http://purl.umn.edu/23453

Taylor, Richard D.; Koo, Won W.; Swenson, Andrew L..

Net farm income for all representative farms in 2013 will be lower than in 2004. Low-profit farms, which comprise 25% of the farms in the study, may not have financial resiliency to survive without off-farm income. Costs are projected to increase faster than yields, which will pressure net farm income downward. Cropland prices and cash rental rates are projected to increase slightly in all regions. Debt-to-asset ratios for most farms will increase slightly throughout the forecast period. Debt-to-asset ratios for the low-profit and small-size farms are higher than those for large and high-profit farms.

2007 Outlook of the U.S. and World Sugar Industries, 2006-2016

Palavras-chave: Net farm income; Debt-to-asset ratios; Cropland prices; Land rental rates; Farm operating expenses; Capitalization rate; Farm Management.

Ano: 2004

URL: http://purl.umn.edu/23528

UNITED STATES AND CANADIAN AGRICULTURAL HERBICIDE COSTS: IMPACTS ON NORTH DAKOTA FARMERS

This report evaluates the U.S. and world sugar markets for 2006-2016 using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to remain profitable over the next ten years mainly because higher world oil prices have increased the conversion of sugar into ethanol by Brazil, while other exporting countries have increased their production in response to those higher prices. Brazil is the largest exporter of sugar, and it is expected that the rate of increase in Brazilian sugar exports may be reduced due to high oil prices. World demand for sugar is expected...

Tipo: Report

Palavras-chave: Sugar; Production; Exports; Consumption; Ending stocks; Crop Production/Industries; International Relations/Trade.

Ano: 2007

URL: http://purl.umn.edu/7632

Taylor, Richard D.; Koo, Won W..

Pesticides have become a major farm production cost over the past 25 years. There are price and label differences for agricultural herbicides between the United States and Canada. Trade names are different in some cases, label restrictions vary, and weights and measures are different. The reasons for the price differences are unclear. Whether they are due to increased costs in labeling requirements, different levels of competition and use, or market segmentation is not determined. The largest total impact of using lower priced Canadian herbicide is on HRSW, followed by durum and corn. The largest per acre impact is for canola, corn, and HRSW. Herbicides with the largest total impact are Puma, followed by Roundup and Fargo. Net farm income for large,...

1997 NORTH DAKOTA AGRICULTURAL OUTLOOK: REPRESENTATIVE FARMS 1996-2005

Palavras-chave: Agricultural Herbicide Costs; Trade armonization; North Dakota Representative Farm; Land Value; Pesticides; Crop Production/Industries.

Ano: 2001

URL: http://purl.umn.edu/23634

Koo, Won W.; Duncan, Marvin R.; Taylor, Richard D..

Net farm income for all representative farms will be lower in 2003 than in 1995-96, but net farm income will be level throughout the 1997-2005 period. Cropland prices are projected to fall in all regions of North Dakota after peaking in 1996-97. Cash rental rates are projected to follow cropland prices. Debt-to-asset ratios for most farms, although rising across the forecast period, will not reach levels that imperil credit worthiness. Debt-to-asset ratios for the low profit and small size farms are higher than those for large and high profit farms.

OUTLOOK OF THE WORLD RICE INDUSTRY UNDER ALTERNATIVE TRADE LIBERALIZATION POLICIES IN JAPAN AND KOREA

Palavras-chave: Net farm income; Debt-to-asset ratio; Cropland prices; Land rental rates; Farm operating expenses; Capitalization rate; Farm Management.

Ano: 1997

URL: http://purl.umn.edu/23424

This report evaluates the world rice industry for the 1998-2010 period by using the World Rice Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, the weather, and technological change. This report evaluates three scenarios: the base scenario, the partial trade liberalization scenario in Japan and South Korea, and the full trade liberalization scenario. The partial trade liberalization scenario includes a partial liberalization of rice imports in Japan and South Korea from the year completing the minimum market access commitments under the UR agreement to 2010. The full trade liberalization scenario includes a full liberalization of rice imports in Japan and South Korea from...

OPERATIONAL EFFICIENCY OF US/CANADA WHEAT POOL: A GAME THEORY ANALYSIS

Palavras-chave: Japonica Rice; Indica Rice; Trade Liberalization; Production; Consumption; Imports; Exports; International Relations/Trade.

Ano: 1999

URL: http://purl.umn.edu/23402

Nganje, William E.; Koo, Won W.; Johnson, D. Demcey; Park, Joon J.; Taylor, Richard D..

This paper develops a game theory optimization model of market efficiency and derives conditions under which voluntary pooling is sustained for US/Canada durum and hard red spring wheat producers. Analysis reveals that United States and Canadian farmers can increase farm returns with efficiency gains from pooling and by internalizing benefits from grain blending and logistics. The model is used to analyze diverse factors affecting the sustainability of such a pool.

Tipo: Conference Paper or Presentation

Palavras-chave: Crop Production/Industries; Marketing.

Ano: 2000

URL: http://purl.umn.edu/36439

An Economic Analysis of Corn-based Ethanol Production

Recent Changes in Chinese and India's Agriculture and Implications on Global Trade of Agricultural Commodities

A global multi-commodity simulation model was developed to estimate the impact of changes in ethanol production on the U.S. corn industry. Increased ethanol production under the Energy Acts of 2005 and 2007 resulted in a significant increase in the price of corn. However, for corn-based ethanol production, the break-even price of corn is approximately $4.52 per bushel with a federal subsidy of $0.51 per gallon of pure ethanol and $2.50 gasoline. With a corn price of $4.52, the economically desirable ethanol production is approximately 11 billion gallons. In order to produce 15 billion gallons of corn-based ethanol and to maintain the price of corn at $4.52 per bushel, supply of corn in the U.S. should be increased substantially through increases in corn...

Tipo: Report

Palavras-chave: Ethanol; Price impacts; Supply; Demand; Econometric simulation; HFCS; Resource /Energy Economics and Policy.

Ano: 2008

URL: http://purl.umn.edu/6201

Tangen, Alyssa; Koo, Won W.; Taylor, Richard D..

The objective of this study is to evaluate the changes in import and export demand in China and India on the United States and global agriculture in 2020. A spatial equilibrium model is developed to optimize production and trade in China, India, and other major importing and exporting regions in the world. This research focuses on four primary crops: wheat, corn, rice and soybeans. In the model, China and India are divided into 31 and 14 regions, respectively. The model also includes five exporting countries and ten importing countries/regions. The results indicate that India will be able to stay largely self-sufficient in 2020 and China will increase its soybean and corn imports to meet rising domestic demand. The research also gives perspectives on...

Tipo: Report

Palavras-chave: Agribusiness.

Ano: 2011

URL: http://purl.umn.edu/99345

Determinants of Red Meat Trade Flows

Koo, Won W.; Taylor, Richard D.; Karemera, David.

Changes in Agricultural Input Costs and Their Impact on Net Farm Income

Palavras-chave: International Relations/Trade.

Ano: 1992

URL: http://purl.umn.edu/23448

Taylor, Richard D.; Koo, Won W..

The recent rapid increase in commodity prices is not an unique event. It has happened several times in the past. Commodity prices have always dropped, returning to a more normal level. Production costs, on the other hand, follow commodity prices up but do not follow them down. Net farm income has increased rapidly in most commodity sectors of agriculture. However, production costs have increased substantially during the past few years. Those cost increases will reduce net farm incomes in the future if commodity prices do not continue to increase.

Tipo: Report

Palavras-chave: Net farm income; Production costs; Gross income; Production Economics.

Ano: 2008

URL: http://purl.umn.edu/44821

POTENTIAL EFFECTS OF THE WTO FRAMEWORK AGREEMENT ON U.S. AGRICULTURE

Koo, Won W.; Mattson, Jeremy W.; Taylor, Richard D..

The 147 members of the World Trade Organization (WTO) reached an agreement July 31, 2004, on the framework for the final phase of the Doha Development Agenda of global trade talks. After failing to reach such an agreement at the Cancun ministerial meeting in September, 2003, this framework agreement puts the Doha Round back on-track. Negotiations on the details will begin in September 2004. The original deadline to complete talks by January 1, 2005, has been postponed, and the next WTO Ministerial Conference will be held in Hong Kong in December 2005, at which point the talks could near their conclusion. The objective of this report is to analyze the potential impact of the framework agreement on U.S. agriculture. Most of the details of the agreement have...