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

Kenkel, Philip L.; Norris, Patricia E..

Mesoscale weather networks can provide improved weather information to agricultural producers. This technology can potentially improve production decisions, reduce irrigation and pesticide inputs, and reduce weather-related losses. Developing a mesoscale network to disseminate real-time mesoscale weather information requires a substantial investment. In addition, there are costs associated with maintenance of the system and distribution of the information available. While public funds may be available to support initial development of the system, there may be less public support initial development of the system, there may be less public support for maintaining the system and subsidizing users' access to the information. This study uses the contingent...

Tipo: Journal Article

Palavras-chave: Agribusiness.

Ano: 1995

URL: http://purl.umn.edu/30767

AGRICULTURAL PRODUCERS' WILLINGNESS TO PAY FOR REAL-TIME MESOSCALE WEATHER INFORMATION: A RESPONSE

Kenkel, Philip L.; Norris, Patricia E..

Tipo: Journal Article

Palavras-chave: Farm Management.

Ano: 1997

URL: http://purl.umn.edu/30848

American Native Beef Cooperative

AN ECONOMIC ANALYSIS OF UNIT-TRAIN FACILITY INVESTMENT

The American Native Beef project involved a failed attempt to establish cow and bull slaughter operation in Southeast Oklahoma. The effort was initially organized as a new generation cooperative and raised over US$2.5M from area producers who retained their funds in escrow for over 5 years despite numerous opportunities to withdraw their investment. The business model was restructured several times to attract equity capital from outside investors. The case provides insights into the linkages between business strategy and business structure. It also raises the question as to whether the project could have been successful under the original business model.

Tipo: Journal Article

Palavras-chave: Agribusiness; Livestock Production/Industries.

Ano: 2009

URL: http://purl.umn.edu/56950

Kenkel, Philip L.; Henneberry, Shida Rastegari; Agustini, Haerani N..

Country elevators competed chiefly through increased efficiency in grain handling and transportation. The development by the railroads of more favorable rates for multi-car shipments (unit train) has led grain cooperatives and other agribusiness firms to invest in high speed rail load out facilities. In this study the feasibility of an investment in a unit-train load out facility is analyzed. The impact of grain through put volume, unit rate transportation savings, discount rates, and grain-cleaning costs is also determined.

Before the Bricks and Mortar: A Case Study of a New Generation Cooperative’s Planning Process

Palavras-chave: Public Economics.

Ano: 2004

URL: http://purl.umn.edu/34748

Holcomb, Rodney B.; Kenkel, Philip L..

To generate additional income for their members, many cooperatives consider forward integrating into processing activities. However, many market, industry, and economic issues must be considered before choosing a value-added processing activity to pursue. Gathering the necessary information to evaluate various processing opportunities is a considerable undertaking and may require the expertise of university personnel, economic development specialists, and possibly professional consultants. Using an Oklahoma new generation cooperative case study, this paper outlines a market assessment process for value-added ventures.

Tipo: Journal Article

Palavras-chave: Market entry strategies; “matrix” assessment; New generation cooperative; Strategic planning; Financial Economics; Marketing; Productivity Analysis.

Ano: 2004

URL: http://purl.umn.edu/59607

Business Models and Producer-Owned Ventures: Choices, Challenges, and Changes

Kenkel, Philip L.; Park, John L..

Producer-owned business models are rapidly evolving. Producer-owned, value-added ventures face a number of organizational challenges, including capital acquisition, security exchange registration, antitrust exemption, borrowing eligibility, and operational flexibility. This paper examines the success of evolving producer-owned business models in addressing these challenges. The need for uniform criteria to distinguish producer-owned business from other business forms throughout the complex structure of policies and laws affecting value-added ventures is highlighted.

Tipo: Journal Article

Palavras-chave: Cooperative; Value-added organizational form; Institutional and Behavioral Economics; Labor and Human Capital; Q13; Q14; Q18.

Ano: 2007

URL: http://purl.umn.edu/6529

Challenges to Producer Ownership of Ethanol and Biodiesel Production Facilities

Conditions Necessary for Private Investment in the Ethanol Industry

This study examines the rapidly expanding biofuels industry and identifies challenges for producer-owned biofuel projects. The U.S. ethanol industry has been growing rapidly, and biodiesel production is poised for similar growth. Producer involvement is driven by the desire to add value to farm commodities and the impact of biofuel projects on local grain prices. Local state and federal incentives have also stimulated producer interest. The long-run profitability of biofuel projects is driven by feedstock availability, access to market centers for biofuels, access to markets for coproducts, and utility costs and availability. The rapidly increasing size and scale of ethanol and biodiesel plants make it difficult for producers to fund these projects....

Tipo: Journal Article

Palavras-chave: Alternative energy biodiesel; Ethanol; Producer-owned business; Production Economics; Resource /Energy Economics and Policy; O13; Q42; Q55.

Ano: 2006

URL: http://purl.umn.edu/43772

Energizing a Cooperative Class with Cooperative Feasibility Software

While agricultural economics literature has become rife with the economics of ethanol production and cellulosic ethanol feedstock production, little has been written about capital investment necessary for the magnitude of industry development mandated by the Energy Security and Independence Act of 2007. Financing the development of the ethanol industry to meet the 36 billion gallon production capacity set for 2022 (with 16 billion gallons from cellulosic ethanol) will require capital investments exceeding $100 billion for production facilities, plus extensive investment in feedstock establishment and transportation/handling infrastructure. Federal support associated with political mandates does not address all of the financial issues related with the...

Tipo: Journal Article

Palavras-chave: Biofuel policy; Cellulosic ethanol; Industry legitimacy; Private investment; Agribusiness; Agricultural Finance; Crop Production/Industries; Resource /Energy Economics and Policy; Q13; Q42; Q43; Q48.

Ano: 2009

URL: http://purl.umn.edu/53092

Estimation of Efficiency with the Stochastic Frontier Cost Function and Heteroscedasticity: A Monte Carlo Study

Palavras-chave: Teaching/Communication/Extension/Profession; Agribusiness.

Ano: 2005

URL: http://purl.umn.edu/31824

Kim, Taeyoon; Brorsen, B. Wade; Kenkel, Philip L..

The objective of this article is to address heteroscedasticity in the stochastic frontier cost function using aggregated data and verify it using a Monte Carlo study. We find that when the translog form of a stochastic frontier cost function with aggregated data is estimated, all explanatory variables can inversely affect the variation of error terms. Our Monte Carlo study shows that heteroscedasticity is only significant in the random effect and the unexplained error term not in the inefficiency error term. Also, it does not cause biases, which is quite opposite of previous research. These are because our model is approximately defined by first order Taylor series around zero inefficiency area. But, disregarding heteroscedasticity causes the average...

Factors Impacting Participation In and Purchases Made by Members of the Oklahoma Food Cooperative

Palavras-chave: Resource /Energy Economics and Policy.

Ano: 2008

URL: http://purl.umn.edu/6408

Holcomb, Rodney B.; Kenkel, Philip L..

The Oklahoma Food Cooperative (OFC) facilitates transactions between producers and consumers of locally-grown food items. Even with more than 3,000 members and roughly $1M in annual sales, the OFC still needs to establish its long-term sustainability. Both customer-members and supplier-members of the OFC were surveyed to determine the factors driving their current and continued participation in the cooperative.

Farm Credit Employees' Perceptions of Loan Business Relative to Different Types of Borrowers

Palavras-chave: Cooperative; Local food movement; Member communications; Business sustainability; Strategic planning; Agribusiness; Institutional and Behavioral Economics; Marketing.

Ano: 2011

URL: http://purl.umn.edu/98816

Briggeman, Brian C.; Kenkel, Philip L..

Characteristics and potential loan volume growth of different borrower types is assessed relative to the opinions of Oklahoma Farm Credit senior officials and loan officers. Senior officials are more positive relative to the characteristics of non-traditional borrowers; however, both agree these borrowers provide the best opportunity for loan growth.

Feasibility Assessment of Biomass Harvesting Cooperative

Palavras-chave: Agricultural Finance.

Ano: 2007

URL: http://purl.umn.edu/34895

Basnet, Arjun; Kenkel, Philip L..

The paper summarizes the harvesting and transportation costs of biomass in an individual producer’s framework versus a cooperative framework using a feasibility template developed in MS Excel. The cost is compared between individual producer having 1000 acres of land and a cooperative with five members each having 1000 acres of land. The estimated total cost per ton for harvesting biomass and transporting it to a warehouse 20 mile far is $25.53 for individual producer and $18.00 for cooperative. The mowing, raking and baling cost per ton is estimated to be $5.71, $3.94 and $11.16 respectively for individual producer and $4.97, $2.00 and $5.85 respectively for cooperative.

Tipo: Presentation

Palavras-chave: Biomass; Switchgrass; Harvesting; Transportation; Cooperative; Agricultural and Food Policy; Financial Economics; Production Economics; Resource /Energy Economics and Policy.

Ano: 2012

URL: http://purl.umn.edu/119781

Feasibility of a Co-operative Winery

Kenkel, Philip L.; Holcomb, Rodney B.; Hill, Amanda.

The number of operating wineries in the United States has doubled during the past decade. Most of this growth has been due to a large number of entrepreneurial landowners developing their own small acreage vineyards and trying to branch into winemaking. However, wineries are capital-intensive enterprises which require high initial investment and experience lagged cash flow associated with the time between the purchase of grapes and initial wine sales. Additionally, the availability of local grape production often limits the production capabilities of an entrepreneur’s small winery. As a result, some vineyard owners consider establishing co-operative wineries. This paper describes a feasibility assessment tool developed to assist vineyard owners in...

Tipo: Journal Article

Palavras-chave: Co-operative; Feasibility template; Qualified and nonqualified stock; Revolving equity; Winery; Agribusiness; Financial Economics.

Ano: 2008

URL: http://purl.umn.edu/90642

FEASIBILITY OF MACHINERY COOPERATIVES IN THE SOUTHERN PLAINS REGION

Long, Garret; Kenkel, Philip L..

This is a comparison of machinery ownership costs for individuals and cooperatives. By looking at various complements of equipment we can see the potential for cost savings through machinery cooperatives. Specifically these savings can be seen in farming operations that require higher capital investment, such as in no-till operations.

Feasibility of on-farm or small scale oilseed processing and biodiesel production

Palavras-chave: Agribusiness.

Ano: 2007

URL: http://purl.umn.edu/34832

Feasibility Templates for Value-Added Manufacturing Businesses

Tipo: Journal Article

Palavras-chave: Resource /Energy Economics and Policy.

Ano: 2008

URL: http://purl.umn.edu/48710

Forecasting Demand for Rural Electric Cooperative Call Center

Tipo: Journal Article

Palavras-chave: Agribusiness.

Ano: 2005

URL: http://purl.umn.edu/26771

Kim, Taeyoon; Kenkel, Philip L.; Brorsen, B. Wade.

This research forecasts peak call volume to allow a centralized call center to minimize staffing costs. A Gaussian copula is used to capture the dependence among nonnormal distributions. Peak call volume can be easily and more accurately predicted using the marginal probability distribution with the copula function than without using a copula. The modeling approach allows simulating adding another cooperative. Ignoring the dependence that the copula includes, causes peak values to be underestimated.

Impact of the Farmland Bankruptcy on Oklahoma Cooperatives

Palavras-chave: Call center data; Empirical distribution; Extreme value theory; Forecasting; Gamma distribution; Gaussian copula; Simulation; Agribusiness; Demand and Price Analysis; Research Methods/ Statistical Methods.

Ano: 2009

URL: http://purl.umn.edu/46809

Kenkel, Philip L.; Hagerman, Amy D..

Investigation of the Costs of an Increased Shipping Standard for Cotton Warehouses

Palavras-chave: Agricultural Finance; Agribusiness.

Ano: 2004

URL: http://purl.umn.edu/31793

Kenkel, Philip L.; Kim, Taeyoon.

The speed of shipping cotton from warehouses has become an important issue for the cotton industry. This paper examines issues relating to costs and benefits of an increased cotton shipping standard. The value chain model is used to identify improvements in incentives, information flow and warehouse filling and management strategies.