Despite the rapid producer adoption of hybrid rice (Oryza sativa L.) in recent years, the economic advantage of hybrid rice in the mid-Southern United States remains disputed. This study compares the economic risk and return of three popularly sown hybrid rice varieties: XL723, Clearfield® (CL)...

This paper examines the impact of sex-sorted semen adoption on dairy farm level economics. Representative dairies are used to simulate the financial impacts of moving to this new technology. Key economic, financial and herd dynamics will be compared among dairies to show how the uses of...

A rectilinear regression model using the year-ending commercial corn stocks-to-use ratio and a set of dummy variables representing policy changes and weather-related production shocks explains more than 98 percent of the variation in the season average corn price paid to farmers in the 1963-2002...

This study estimates the carbon footprint of a Henderson County, Kentucky grain farmer under different production strategies; traditional farming and precision agriculture technologies. Four constrained optimization, whole farm analysis models were formulated under no-till conditions. One of the...

We assess the economic feasibility of a 10 MMGY biodiesel plant using a Monte Carlo Cash Flow model programmed in Excel using @Risk, a simulation and risk analysis software. The model incorporates stochastic components to capture uncertainty in the analysis. The stochastic components are mainly...

The reduction in the availability of irrigation water and the increase in pumping costs resulting from the decline in the Ogallala Aquifer make good management decisions more critical for the survival of the farm firm and the success of the agricultural sector in the Texas Panhandle. Response...

This study sets out to empirically estimate the optimum annual replacement rate and age of cocoa trees in order to maximize the net present value of four common cocoa production systems. The study examines the costs and returns of four common cocoa production systems in Ghana associated with...

The paper uses a stochastic frontier analysis of production functions to estimate the level of technical efficiency in agriculture for a panel of 29 developing countries in Africa and Asia between 1994 and 2000. In addition, the paper examines how different components of an agricultural...

Precision agriculture and autosteer technology are, overall, profitable investments for farmers, as previous literature has established. However, what has not been investigated is whether or not farmers perceive these technologies as such. This research postulates that cotton farmers must see...

This paper examines the possibility of collocating a cellulosic ethanol processing plant with certain Louisiana sugar mills, chosen based on their strategic locations and cane grinding capacity. The prospective plants are compared based on transportation costs and overall economic performance.