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Importance of Cost Offsets for Dairy Farms Meeting a Nutrient Application Standard AgEcon
Ribaudo, Marc; Agapoff, Jean.
The U.S. Environmental Protection Agency requires concentrated animal feeding operations to develop and implement a comprehensive nutrient management plan. Changes in manure management to meet nutrient application standards will generally increase production costs. Some of these costs can be offset by savings from replacing commercial fertilizer with manure nutrients, and through financial assistance programs such as the U.S. Department of Agriculture's Environmental Quality Incentives Program (EQIP). A manure application cost model was used to examine the costs to confined dairy farms of meeting nutrient application standards, and the ability of fertilizer offsets and EQIP to reduce these costs.
Tipo: Journal Article Palavras-chave: Animal feeding operations; Environmental Quality Incentive Program; Dairy; Manure nutrients; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/10246
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Macro Level Economic Evaluation of Manure Application Rates Using CEEOT-MMS AgEcon
Osei, Edward.
Alternative manure application rates represent an integral part of current nutrient management efforts on animal feeding operations (AFOs). Previous studies have indicated that lower manure application rates tend to increase farm production costs. In this study, the Comprehensive Economic and Environmental Optimization Tool - Macro Modeling System (CEEOT-MMS) was used to evaluate the farm-level economic implications of alternative manure application rates for all AFOs in the 48 contiguous states of the U.S. Representative farms derived through statistical disaggregation of national databases and K-means clustering were simulated within the the Farm-level Economic Model (FEM) to determine the economic impacts of four manure application rates. The highest...
Tipo: Conference Paper or Presentation Palavras-chave: FEM; CEEOT-MMS; Animal feeding operations; Clustering; Costs; Manure; Phosphorus; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6240
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Utilizing Contingent Claims to Improve the Management of CAFOs AgEcon
Gramig, Benjamin M.; Skees, Jerry R.; Black, J. Roy.
We propose a market-based approach to reducing the environmental risk posed by concentrated animal feeding operations (CAFOs). The dual problems of hidden information and hidden action faced by policymakers are considered alongside the competing incentives faced by the CAFO manager in a multiple principal-agent setting. A new approach that uses insurance-like contracts is introduced by use of the specific example of a swine operation with a lagoon-based manure management system. Index-based contingent claims contracts in tandem with third-party auditing and waste hauling options are introduced as a complement to regulatory frameworks designed to reduce negative externalities from production.
Tipo: Journal Article Palavras-chave: Animal feeding operations; Asymmetric information; Environmental risk; Insurance; Public policy; Regulation; D82; G22; L51; Q18; Q25; Q28.
Ano: 2004 URL: http://purl.umn.edu/43346
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