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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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An Economic Examination of Potential Ethanol Production in Texas AgEcon
Outlaw, Joe L.; Anderson, David P.; Klose, Steven L.; Richardson, James W.; Herbst, Brian K.; Waller, Mark L.; Raulston, J. Marc; Sneary, Shannon L.; Gill, Robert Chope, II.
Tipo: Report Palavras-chave: Agribusiness; Agricultural and Food Policy; Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/42707
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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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Economic Comparison of the Farm, Nutrition, and Bioenergy Act (H.R. 2419) to Fairness in Farm and Food Policy Amendment to H.R. 2419 AgEcon
Richardson, James W.; Herbst, Brian K..
The House Agriculture Committee unanimously passed their farm bill, “Farm, Nutrition and Bioenergy Act of 2007” (H.R. 2419). An amendment, “Fairness in Farm and Food Policy,” H.R. 2419 was announced by Ron Kind (D-WI). The purpose of this Briefing Report is to compare the likely economic impacts of H.R. 2419 and the FFFP Amendment on representative crop, dairy, and cattle farms.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2007 URL: http://purl.umn.edu/37986
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Economic Outlook for Representative Cotton Farms Given the August 2003 FAPRI/AFPC Baseline AgEcon
Raulston, J. Marc; Richardson, James W.; Outlaw, Joe L.; Anderson, David P.; Herbst, Brian K.; Feldman, Paul A.; Schumann, Keith D.; Klose, Steven L.; Sartwelle, James D., III.
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 2001-2007 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in the nation’s major cotton 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 2003 Baseline. The primary objective of the analysis is to determine the farms’ economic viability by region through the life of the 2002 Farm...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/42693
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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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Economic Outlook for Representative Dairies Given the August 2006 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Herbst, Brian K.; Raulston, J. Marc.
While projected milk prices are a primary determinant of the financial viability of the representative dairies, the prices of feed crops and cattle prices can also have an impact. Most of the dairies produce hay, silage, and other crops and are often net buyers. Commodity prices have a major impact on dairy returns because feed represents the number one cost for dairies. With the recent increase in demand for corn, prices are projected to increase, potentially affecting rations and feed costs.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42091
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Economic Outlook for Representative Dairies Given the August 2007 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Knapek, George M.; Herbst, Brian K.; Raulston, J. Marc.
While projected milk prices are a primary determinant of the financial viability of the representative dairies, the prices of feed crops and cattle prices can also have an impact. Most of the dairies produce hay, silage, and other crops and are often net buyers. Commodity prices have a major impact on dairy returns because feed represents the number one cost for dairies. With the recent increase in demand for corn, prices are projected to increase, potentially affecting rations and feed costs. Projected milk and livestock prices for FAPRI’s August 2007 Baseline are presented in Table 1. In general, milk prices are projected to decrease each year from 2007 though 2012 after the large increase in price from 2006 to 2007. Cattle prices are expected to...
Tipo: Working or Discussion Paper
Ano: 2007 URL: http://purl.umn.edu/37978
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Economic Outlook for Texas Representative Cotton Farms Given the August 2003 FAPRI/AFPC Baseline AgEcon
Richardson, James W.; Outlaw, Joe L.; Raulston, J. Marc; Anderson, David P.; Sartwelle, James D., III; Feldman, Paul A.; Schumann, Keith D.; Herbst, Brian K.; Klose, Steven L..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 on representative Texas cotton 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 operations in Texas’ major cotton 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 2003 Baseline. The primary objective of the analysis is to determine the farms’ economic viability by region through the life of the 2002 Farm...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/42685
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Estimating and comparing alternative ethanol processes and feedstock choices AgEcon
Frosch, Brian J.; Fumasi, Roland J.; Richardson, James W.; Outlaw, Joe L.; Herbst, Brian K..
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/48709
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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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Farm Level Projections of the Impacts of Payment Limitations: Revised AgEcon
Richardson, James W.; Outlaw, Joe L.; Raulston, J. Marc; Herbst, Brian K.; Anderson, David P..
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/42696
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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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Impact of the FARM 21 Proposal on Representative Crops, Dairy and Beef Cattle Farms AgEcon
Outlaw, Joe L.; Richardson, James W.; Raulston, J. Marc; Knapek, George M.; Herbst, Brian K..
The Food & Agriculture Risk Management for the 21st Century Act (FARM 21) formally introduced June 13th by U.S. Representatives Ron Kind (D-WI), Jeff Flake (R-AZ), Joe Crowley (D-NY), and David Reichert (R-WA), would significantly change most of U.S. agricultural policy. The proposed changes are wide ranging from commodity programs to energy, conservation, and food and nutrition programs. Given the breadth of the changes, it is important to have some indication of the impacts on producers if this proposal were to be adopted. While FARM 21 has a broad set of priorities that support would be directed to, this report focuses on the proposed changes to the producer safety net programs contained in Title I -- direct payments (DPs), counter-cyclical payments...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2007 URL: http://purl.umn.edu/37987
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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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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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Outlook for Texas Representative Cotton Farms AgEcon
Outlaw, Joe L.; Raulston, J. Marc; Richardson, James W.; Sartwelle, James D., III; Herbst, Brian K..
The farm level economic impacts of the Farm Security and Rural Investment Act of 2002 are projected for representative Texas cotton farms. The analysis was conducted over the 2001-2008 planning horizon using FLIPSIM, AFPC’s whole farm simulation model. Data to simulate farming operations in Texas’ major cotton 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 2008, assuming provisions of the 2002...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/42674
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Regional and Structural Impacts of Alternative Dairy Policy Options AgEcon
Anderson, David P.; Herbst, Brian K.; Outlaw, Joe L.; Richardson, James W..
Milk and dairy product prices have fallen to their lowest levels in 3 years following the record highs of 2004 and 2005. The large government stockpiles of non-fat dry milk are gone, but threaten to build again as non-fat dry milk and cheese prices decline nearer the support price level. A new farm bill is scheduled to be written in 2007. The Milk Income Loss Contract (MILC) program included in the last farm bill was only authorized through September 2005. Subsequent legislation reinstated the MILC program through August 2007. WTO negotiations are on-going and could influence U.S. farm programs 1/. Dairy’s role in the U.S. amber box limit of $19.1 billion may necessitate some possible trade-offs with other commodities. Dairy counts about $4.2 billion...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/42094
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Relative Profitability of Dairy Farms in a High Feed Cost Environment AgEcon
Herbst, Brian K.; Anderson, David P.; Outlaw, Joe L.; Richardson, James W..
This study will examine the competitive advantages that exist under current conditions. Representative dairies are used to simulate the financial impacts of the different feeding practices and compared to those a few years ago. The results indicate that the dairies the raise a majority of their feed saw a decrease in their cost to receipts ratio while dairies that purchase a majority of their feed saw an increase in their cost to receipt ratio.
Tipo: Conference Paper or Presentation Palavras-chave: Dairy Production; Feed Costs; Regional Impacts; Production Economics.
Ano: 2010 URL: http://purl.umn.edu/56440
Registros recuperados: 49
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