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2009 Annual Report of the Southwestern Minnesota Farm Business Management Association AgEcon
Nordquist, Dale W.; Kurtz, James N.; Nitchie, Donald L.; Paulson, Garen J.; Froslan, Janet M.; Christensen, James L..
Average net farm income was $69,787 in 2009 for the 95 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings decreased by 63% from $190,901 in 2008. This continues the downward trend that began in 2008 after six years of steady increases. As expected, low incomes for virtually all types of livestock operations pulled the average down, and some livestock farms sustained large losses. Crop farms, on average, were profitable but also earned much lower incomes compared to recent years. Median net farm income, or the income earned by the middle farm, was $96,130, substantially higher than the average. This indicates that the average was pulled down or skewed by large losses sustained by...
Tipo: Report Palavras-chave: Agribusiness; Agricultural Finance; Crop Production/Industries; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/60300
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2009 Michigan Dairy Farm Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 104 dairy farms from throughout Michigan in 2009. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm project and the Farm Credit Service system in Michigan. The values were pooled into averages for reporting purposes. The average herd reports here is larger than would be the average dairy herd in Michigan. Average values are reported in the summary tables and discussion that follows but one should be aware that considerable variation across herds exists in virtually every measure.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural Finance; Crop Production/Industries; Farm Management; Financial Economics; Livestock Production/Industries; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/100918
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2009 Michigan Upper Peninsula Dairy Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 18 dairy farms across the Upper Peninsula (UP) of Michigan. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm project and Farm Credit Service system in Michigan. Farm records checked for accuracy. Average values are reported in the summary tables and discussion that follows but readers should note that considerable variation exists in most measures.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural Finance; Crop Production/Industries; Farm Management; Financial Economics; Livestock Production/Industries; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/100919
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2009 Outlook of the U.S. and World Sugar Markets, 2008-2018 AgEcon
Koo, Won W.; Taylor, Richard D..
This report evaluates the U.S. and world sugar markets for 2008-2018 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 stable over the next ten years in spite of the 2007-08 surge in world oil prices. That increase in price caused an increase in the conversion of sugar into ethanol in Brazil, while other exporting countries increased their production in response to those higher prices. Sugar prices returned to normal levels in 2008. World demand for sugar is expected to grow at a similar rate to world supply, resulting in Carribean...
Tipo: Report Palavras-chave: Sugar; Production; Exports; Consumption; Ending stocks; Crop Production/Industries; Demand and Price Analysis; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/55117
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2009 Outlook of the U.S. and World Wheat Industries, 2008-2018 AgEcon
Koo, Won W.; Taylor, Richard D..
This report evaluates the U.S. and world wheat markets for the 2008-2018 period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Both the U.S. and world wheat economies are predicted to remain relatively healthy for the next ten years. World demand for both common and durum wheat are expected to remain strong. The price levels in 2007 and 2008 will not be maintained in 2009 and future because increased wheat and corn production in 2008 and reduced demand for corn for ethanol production will lower demand and increase supply. World trade volumes of both classes of wheat are expected to expand, but trade...
Tipo: Report Palavras-chave: Common wheat; Durum wheat; Production; Exports; Consumption; Ending stocks; Crop Production/Industries; Demand and Price Analysis; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/55118
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2009/10 U.S. Sugar Supply and Use AgEcon
Haley, Stephen L..
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/51591
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2010 ANNUAL AGRICULTURAL OUTLOOK AgEcon
Hilker, James H..
Tipo: Working or Discussion Paper Palavras-chave: Crop Production/Industries; Land Economics/Use; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/57432
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2010 Michigan Cash Grain Farm Business Analysis Summary AgEcon
Wittenberg, Eric; Harsh, Stephen B..
This report summarizes the 2010 financial and production records of 99 Michigan cash grain farms. To be included, the farms must have produced at least 50 percent of gross cash farm income from one or a combination of these items: corn, soybeans, wheat, navy beans, oats, sugar beets and other small grains. The records came from Michigan State University’s TelFarm project and Farm Credit Service of Michigan. The values were pooled into averages for reporting purposes. Farm records were included if a farm financial analysis had completed 2010 data including beginning and ending balance sheets and a statement of income and expenses. The data was checked to verify that cash discrepancy was less than 10% of gross cash inflow and that debt discrepancy was less...
Tipo: Working Paper Palavras-chave: Crop Production/Industries.
Ano: 2011 URL: http://purl.umn.edu/120990
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2010/11 U.S. SUGAR SUPPLY AND USE AgEcon
Haley, Stephen L..
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/90759
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2011 Outlook of the U.S. and World Corn and Soybean Industries, 2010-2020 AgEcon
Taylor, Richard D.; Koo, Won W..
This report evaluates the United States and world corn and soybean markets for the 2010-2020 period using the Global Corn and Soybean Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Corn-based ethanol production has influenced United States corn industry. As long as the production of corn-based ethanol remains strong, corn prices will likely remain at a level higher than the long term average. However, changes in the U.S. Federal government subsidies or mandates could significantly impact the world corn market. Under the current assumptions in the model, corn price is expected to remain in a range between $4.68 and $5.35 per...
Tipo: Report Palavras-chave: Crop Production/Industries; Food Consumption/Nutrition/Food Safety; Production Economics; Corn; Soybeans; Production; Exports; Consumption; Ethanol; Ending stocks.
Ano: 2011 URL: http://purl.umn.edu/115564
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2011 Outlook of the U.S. and World Wheat Industries, 2010-2020 AgEcon
Taylor, Richard D.; Koo, Won W..
This report evaluates the U.S. and world wheat markets for the 2010-2020 time period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Both the U.S. and world wheat economies are predicted to remain relatively healthy for the next ten years. World demand for both common and durum wheat are expected to remain strong. The price levels in 2010 and early 2011 will not be maintained because they are the result of a small wheat crop in the Former Soviet Union (FSU). It is expected that wheat production in the FSU will return to normal in the future. World trade volumes of both classes of wheat are expected to...
Tipo: Report Palavras-chave: Common wheat; Durum wheat; Production; Exports; Consumption; Ending stocks; Crop Production/Industries; Production Economics.
Ano: 2011 URL: http://purl.umn.edu/115558
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2012 Annual Agricultural Outlook AgEcon
Tipo: Working Paper Palavras-chave: Agricultural and Food Policy; Crop Production/Industries; Land Economics/Use; Livestock Production/Industries.
Ano: 2012 URL: http://purl.umn.edu/120986
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2nd Forum on Irrigation and water for sustainable development: 15 –16 December, 2008 Ghion Hotel, Addis Ababa, Ethiopia AgEcon
Awulachew, Seleshi Bekele; Erkossa, Teklu; Balcha, Yodit.
Tipo: Presentation Palavras-chave: Sustainable development; Irrigation management; Irrigation water; Irrigated farming; Irrigation systems; Supplemental irrigation; Land management; Land use; Investment; Case studies; Government policy; Rural poverty; Groundwater; Small scale systems; Socioeconomic development; Economic aspects; Economic growth; Income; Water management; Water resources development; Water harvesting; Water supply; Public policy; Agricultural production; Developing countries; Public-private cooperation; History; Case studies; River basins; Crop production; Agricultural and Food Policy; Agricultural Finance; Crop Production/Industries; Farm Management; Financial Economics; Food Security and Poverty; Institutional and Behavioral Economics; Land Economics/Use; Production Economics; Public Economics; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/118411
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A AGROINDÚSTRIA DE ALIMENTOS DE FRUTAS E HORTALIÇAS NO NORDESTE E NORTE DOS ESTADOS DE MINAS GERAIS E ESPÍRITO SANTO AgEcon
Brainer, Maria Simone de Castro Pereira; Carneiro, Wendell Marcio Araujo; Santos, Jose Ailton Nogueira Dos; Souza, Gilzenor Satyro De; Silva, Carlos Enrique Gama E.
A Região Nordeste tornou-se a maior produtora de frutas irrigadas e de sequeiro, resultando na instalação de unidades de processamento distribuídas em todos os estados da área de atuação do Banco do Nordeste do Brasil – BNB (Região Nordeste e norte dos Estados de Minas Gerais e Espírito Santo). Como principal órgão de desenvolvimento dessa Região, o BNB necessita conhecer as características e problemas do processamento agroindustrial de alimentos em sua área de atuação, contribuindo para suas ações e políticas em relação ao setor, sendo este o objetivo desta pesquisa. As fontes de informações para o trabalho foram entrevistas com agroindustriais, intermediários, produtores rurais, centros de pesquisa e supermercados. Os resultados permitem concluir que...
Tipo: Conference Paper or Presentation Palavras-chave: Agroindústria de alimentos; Processamento de frutas e hortaliças; Região Nordeste; Foods’ agroindustry; Processing of fruits and vegetable. Northeast Region; Agribusiness; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/109440
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A AGROINDÚSTRIA DE ALIMENTOS DERIVADOS DE CACAU NO NORDESTE BRASILEIRO AgEcon
Carneiro, Wendell Marcio Araujo; Brainer, Maria Simone de Castro Pereira; Santos, Jose Ailton Nogueira Dos; Souza, Gilzenor Satyro De; Silva, Carlos Enrique Gama E.
O objetivo deste artigo é caracterizar o setor agroindustrial de alimentos derivados de cacau no Nordeste Brasileiro. O trabalho foi desenvolvido com base na metodologia de pesquisa descritiva e explicativa, focado na identificação das características e nas inter-relações entre os elos dessa atividade econômica no Nordeste. A agroindústria de derivados de cacau no Nordeste tem se expandido e apresentado maior integração com as cadeias produtivas do setor rural. Porém, o fortalecimento do setor agroindustrial depende, ainda, do fornecimento de matérias-primas com qualidade e regularidade; estabelecimento, disseminação e fiscalização de controles de qualidade e de normas e padrões sanitários; profissionalização de dirigentes nas áreas administrativas e de...
Tipo: Conference Paper or Presentation Palavras-chave: Agroindústria; Cacau; Nordeste Brasileiro; Agro-industry; Cacao; Brazilian Northeast; Agribusiness; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/106075
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A Bargaining Model of Price Discovery in the Washington/Oregon Asparagus Industry AgEcon
Folwell, Raymond J.; Mittelhammer, Ronald C.; Wang, Changru.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Demand and Price Analysis.
Ano: 1997 URL: http://purl.umn.edu/35950
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A Bayesian Approach to Optimal Cross-Hedging of Cottonseed Products Using Soybean Complex Futures AgEcon
Rahman, Shaikh Mahfuzur; Dorfman, Jeffrey H.; Turner, Steven C..
Cottonseed crushers face substantial risk in terms of input and output price variability and they are limited in their planning by the lack of a viable futures contract for cottonseed or cottonseed products. This study examines the feasibility of cross-hedging cottonseed products using the soybean complex futures. Different cross-hedging strategies are evaluated for eight time horizons relative to the expected profit and utility of the crusher. A Bayesian approach is employed to estimate both model parameters and optimal hedge ratios, allowing consistency with expected utility maximization in the presence of estimation risk. The results reveal that both whole cottonseed and cottonseed products can be successfully cross-hedged using soybean complex futures....
Tipo: Journal Article Palavras-chave: Bayesian decision science; Cottonseed; Cross-hedging; Risk management; Crop Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/31114
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A Binary Logit Analysis of Factors Impacting Adoption of Genetically Modified Cotton AgEcon
Banerjee, Swagata (Ban); Martin, Steven W..
Agricultural Resource Management Survey (ARMS) data for 2003 were used to estimate two binary logit models for two definitions of genetically modified (GM) cottonseed adoption. Results indicate conservation tillage did not positively affect adoption of GM cotton with either of these definitions, while adoption of GM cotton in the previous year did. Refuge cotton also did not affect these adoption decisions for the study year.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Resource Management Survey (ARMS); Binary logit model; Conservation tillage; Cotton; Genetically modified seed; Herbicide-resistant cotton; Jackknife procedure; Refuge cotton; Stacked-gene cotton; Technology adoption; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/37140
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A Binary Logit Estimation of Factors Affecting Adoption of GPS Guidance Systems by Cotton Producers AgEcon
Banerjee, Swagata (Ban); Martin, Steven W.; Roberts, Roland K.; Larkin, Sherry L.; Larson, James A.; Paxton, Kenneth W.; English, Burton C.; Marra, Michele C.; Reeves, Jeanne M..
Binary logit analysis was used to identify the factors influencing adoption of Global Positioning System (GPS) guidance systems by cotton farmers in 11 Mid-south and Southeastern states. Results indicate that adoption was more likely by those who had already adopted other precision-farming practices and had used computers for farm management. In addition, younger and more affluent farmers were more likely to adopt. Farmers with larger farms and with relatively high yields were also more likely to adopt. Education was not a significant factor in a farmer’s decision to adopt GPS guidance systems.
Tipo: Journal Article Palavras-chave: Binary logit; Cotton; GPS guidance system; Marginal effect; Precision farming; Technology adoption; Agribusiness; Crop Production/Industries; Q2; Q16; Q19; Q20; Q24.
Ano: 2008 URL: http://purl.umn.edu/45530
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A Binomial Tree Approach to Valuing Fixed Rotation Forests and Flexible Rotation Forests Under a Mean Reverting Timber Price Process AgEcon
Tee, James; Scarpa, Riccardo; Marsh, Dan; Guthrie, Graeme.
NPV and LEV are established and common approaches to valuing single rotation and infinite rotation forests respectively, when the rotation age is fixed in advanced. More recently, Real Options approaches have been employed to value single and infinite rotation forests with a flexible harvest age. Under a stochastic timber price process, it has been shown that the valuation of a flexible rotation forest is equal or higher than that of a fixed rotation forest, because a flexible harvest regime delays the harvest if the timber price is not favourable, whereas a fixed harvest regime would proceed to harvest regardless of the price. Often, valuation of fixed and flexible rotation ages are compared using 2 different methods – NPV (or LEV) and Real Options. The...
Tipo: Conference Paper or Presentation Palavras-chave: NPV; LEV; Real Options; Optimal Harvest Decision; Agribusiness; Crop Production/Industries; Environmental Economics and Policy; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/96836
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