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Registros recuperados: 49
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AFPC Review of County Loan Rates for Sorghum and Corn AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Herbst, Brian K..
The Agricultural & Food Policy Center (AFPC) updated the comparison of corn and sorghum county loan rates following the general methodology outlined in the October 2002 Food and Agricultural Policy Research Institute (FAPRI) study on corn and sorghum loan rates. The study answers two questions: 1. Are the 2006 county loan rates established by USDA consistent with the Congressional mandate that national average loan rates for both commodities be $1.95 per bushel? 2. What would be the impact if USDA were to adopt a different weighting scheme in setting county loan rates while continuing to maintain the mandated national average loan rate? Specifically, what would be the impact on sorghum loan rates if each county’s loan rate were weighted by the county’s...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/42083
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Representative Farms Economic Outlook for the August 2006 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Herbst, Brian K.; Knapek, George M.; Anderson, David P.; Sartwelle, James D., III; Raulston, J. Marc; Fumasi, Roland J.; Klose, Steven L.; Zimmel, Peter.
The Agricultural and Food Policy Center (AFPC) at Texas A&M University develops and maintains data to simulate 100 representative crop, dairy, and livestock operations in major production areas in 28 states. The chief purpose of this analysis is to project those farms’ economic viability by region and commodity for 2006 through 2011. The data necessary to simulate the economic activity of these operations is developed through ongoing cooperation with panels of agricultural producers in each of these states. The Food and Agricultural Policy Research Institute (FAPRI) provided projected prices, policy variables, and input inflation rates in their August 2006 Baseline. Under the August 2006 Baseline, 14 of the 65 crop farms are considered in good...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42101
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Financial Impacts of Regional Differences in Dairies AgEcon
Outlaw, Joe L.; Herbst, Brian K.; Richardson, James W.; Anderson, David P..
The sensitivity of net cash farm income to changes in selected production variables, output prices, and input costs varies significantly across representative U.S. dairies. Different regions of the country were impacted differently by changes to production and prices.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Finance; Q12; Q14.
Ano: 2007 URL: http://purl.umn.edu/34937
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Representative Farms Economic Outlook for the January 2004 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Anderson, David P.; Raulston, J. Marc; Herbst, Brian K.; Sartwelle, James D., III; Schwart, Robert B., Jr.; Schumann, Keith D.; Feldman, Paul A.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2001-2008 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major production regions came from two sources: - Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms, and - Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) January 2004 Baseline. The FLIPSIM policy simulation model incorporates the historical risk faced by farmers for prices...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/42694
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Considerations in the Dairy Relocation Decision AgEcon
Herbst, Brian K.; Outlaw, Joe L.; Anderson, David P.; Bryant, Henry L..
Historically, U.S. dairymen have been thought to move to a new location to seek better economic opportunities or to leave an area that has become disadvantaged due to regulation or economics. Recently, there again have been major shifts in dairy production across the United States.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/35363
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Representative Farms Economic Outlook for the January 2007 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Fumasi, Roland J.; Anderson, David P.; Klose, Steven L.; Zimmel, Peter.
Under the January 2007 Baseline, 20 of the 64 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash in 2012). Five crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash. The remaining 39 crop farms have greater than a 50 percent chance of negative ending cash. Additionally, 30 of the 64 crop farms are considered in good equity position (less than a 25 percent chance of decreasing real net worth during the study period). Nine crop farms have between a 25 percent and 50 percent likelihood of losing real net worth, and 25 crop farms have greater than a 50 percent probability of decreasing real net worth. The following discussion provides an overall evaluation by...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/42088
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Farm Level Evaluation of the U.S. Doha Round Proposal on U.S. Representative Crop and Livestock Farms AgEcon
Outlaw, Joe L.; Richardson, James W.; Knapek, George M.; Raulston, J. Marc; Anderson, David P.; Herbst, Brian K.; Sartwelle, James D., III; Feldman, Paul A.; Klose, Steven L..
This briefing paper provides a farm level evaluation of the November 2005 USTR Doha Round proposal on 102 U.S. representative crop and livestock farms. This report is a companion to FAPRI-UMC Report #17-05.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/42104
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Economic Outlook for Representative Cotton Farms Given the August 2004 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Raulston, J. Marc; Sartwelle, James D., III; Herbst, Brian K.; Klose, Steven L.; Zimmel, Peter.
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative cotton farms are projected in this report. The analysis was conducted over the 2001-2008 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate cotton operations in the nation’s major production regions came from two sources: - Producer panel cooperation to develop economic information to describe and simulate representative cotton farms. - Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) August 2004 Baseline. The primary objective of the analysis is to determine cotton farms’ economic viability by region through the life of the 2002 Farm Bill....
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/42676
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Including Risk in Economic Feasibility Analyses: The Case of Ethanol Production in Texas AgEcon
Richardson, James W.; Herbst, Brian K.; Outlaw, Joe L.; Gill, Robert Chope, II.
The widespread use of personal computers and spreadsheet models for feasibility studies makes risk-based Monte Carlo simulation analysis of proposed investments a relatively simple task. Add-in simulation packages for Microsoft® Excel can be used to make spreadsheet models stochastic. Rather than basing investment decisions on point estimates, investors can easily estimate the implied distributions of returns for uncertain investments and calculate the risk of an investment as well as the probability of success. The benefits of using Monte Carlo simulation to analyze a risky investment are demonstrated using an ethanol plant as an example.
Tipo: Journal Article Palavras-chave: Economic feasibility analysis; Ethanol feasibility; Risk management; Stochastic simulation; Agribusiness; Research and Development/Tech Change/Emerging Technologies.
Ano: 2007 URL: http://purl.umn.edu/62291
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LOCATION OF A MIXALCO PRODUCTION FACILITY WITH RESPECT TO ECONOMIC VIABILITY AgEcon
Lau, Michael H.; Richardson, James W.; Outlaw, Joe L.; Fuller, Stephen W.; Nixon, Clair J.; Herbst, Brian K..
Monte-Carlo simulation modeling is used to perform a feasibility study of alternative locations for a MixAlco production facility. Net present value distributions will be ranked within feasible risk aversion boundaries. If MixAlco is a profitable investment, it would have a major impact on the fuel oxygenate and gasoline markets.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/20025
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Representative Farms Economic Outlook for the December 2006 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Fumasi, Roland J.; Anderson, David P.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2004-2011 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major production regions came from two sources: • Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms, and • Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) December 2006 Baseline. The FLIPSIM policy simulation model incorporates the historical risk faced by farmers for prices...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42090
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Representative Farms Economic Outlook for the August 2005 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Anderson, David P.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Sartwelle, James D., III; Schwart, Robert B., Jr.; Schumann, Keith D.; Feldman, Paul A.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2002-2009 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major production regions came from two sources: • Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms, and • Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) August 2005 Baseline. The FLIPSIM policy simulation model incorporates the historical risk faced by farmers for prices...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/42109
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Representative Farms Economic Outlook for the August 2007 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Fumasi, Roland J.; Anderson, David P.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2005-2012 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major production regions came from two sources: • Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms, and • Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) August 2007 Baseline. The FLIPSIM policy simulation model incorporates the historical risk faced by farmers for prices...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/37982
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Representative Farms Economic Outlook for the January 2006 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Sartwelle, James D., III; Anderson, David P.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2004-2010 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major production regions came from two sources: • Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms, and • Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) January 2006 Baseline. The FLIPSIM policy simulation model incorporates the historical risk faced by farmers for prices...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42100
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Representative Farms Economic Outlook for the August 2003 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Raulston, J. Marc; Anderson, David P.; Sartwelle, James D., III; Herbst, Brian K.; Feldman, Paul A.; Schumann, Keith D.; Klose, Steven L.; Schwart, Robert B., Jr.; Zimmel, Peter.
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2001-2007 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming and ranching operations in the nation’s major production regions came from two sources: - Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms. - Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) August 2003 Baseline. The primary objective of the analysis is to determine the farms’ economic viability by...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/42704
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Location Preference for Risk-Averse Dutch Dairy Farmers Immigrating to the United States AgEcon
Richardson, James W.; Herbst, Brian K.; Duncan, Anthony; den Besten, Mark; van Hoven, Peter.
Increased environmental regulations and a milk quota that restricts growth have increased the interest in immigration to the United States by Dutch dairy farmers. A risk-based economic analysis of 23 representative U.S. dairy farms versus a representative Dutch farm shows that risk-averse Dutch dairy farmers would prefer to liquidate their dairy farms and invest in a large dairy in Idaho or north Texas. The risk ranking suggested that continuing to farm in the Netherlands rather than immigrating to the United States is preferred over only two of the 23 U.S. representative farms analyzed.
Tipo: Journal Article Palavras-chave: Dairy relocation; Production economics; Ranking risky alternatives; Risk analysis; F21; F22; Q12; Q14; E37; D81.
Ano: 2007 URL: http://purl.umn.edu/37061
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Representative Farms Economic Outlook for the December 2006 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Fumasi, Roland J.; Anderson, David P.; Klose, Steven L.; Zimmel, Peter.
Under the December 2006 Baseline, 25 of the 65 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash in 2011). Five crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash. The remaining 35 crop farms have greater than a 50 percent chance of negative ending cash. Additionally, 33 of the 65 crop farms are considered in good equity position (less than a 25 percent chance of decreasing real net worth during the study period). Eight crop farms have between a 25 percent and 50 percent likelihood of losing real net worth, and 24 crop farms have greater than a 50 percent probability of decreasing real net worth. The following discussion provides an overall evaluation by...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42089
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Representative Farms Economic Outlook for the January 2004 FAPRI/AFPC Baseline AgEcon
Outlaw, Joe L.; Richardson, James W.; Herbst, Brian K.; Anderson, David P.; Sartwelle, James D., III; Raulston, J. Marc; Feldman, Paul A.; Schumann, Keith D.; Klose, Steven L.; Schwart, Robert B., Jr.; Zimmel, Peter.
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2001-2008 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming and ranching operations in the nation’s major production regions came from two sources: - Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms. - Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) January 2004 Baseline. The primary objective of the analysis is to determine the farms’ economic viability by...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/42683
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Representative Farms Economic Outlook for the January 2005 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Anderson, David P.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Sartwelle, James D., III; Schwart, Robert B., Jr.; Schumann, Keith D.; Feldman, Paul A.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2002-2009 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major production regions came from two sources:•Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms, and•Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) January 2005 Baseline. The FLIPSIM policy simulation model incorporates the historical risk faced by farmers for prices and...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/42136
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Representative Farms Economic Outlook for the January 2007 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Raulston, J. Marc; Herbst, Brian K.; Fumasi, Roland J.; Anderson, David P.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative crop and livestock operations are projected in this report. The analysis was conducted over the 2005-2012 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major production regions came from two sources: • Producer panel cooperation to develop economic information to describe and simulate representative crop, livestock, and dairy farms, and • Projected prices, policy variables, and input inflation rates from the Food and Agricultural Policy Research Institute (FAPRI) January 2007 Baseline. The FLIPSIM policy simulation model incorporates the historical risk faced by farmers for prices...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Crop Production/Industries; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/42086
Registros recuperados: 49
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