This paper shows that the response of agricultural commodity prices in the U.S. related to fluctuations in oil prices in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in the crude oil market. In the long-run, around 2-7 percent...

This article examines the effects of R&D on cotton yield and relationship between R&D and commodity support programs. The results indicate that yield elasticities with respect to cotton R&D is around 0.2-0.5 based on different regions. It further indicates that R&D increases government...

This paper relies on data associated 2,100 agricultural land sale transactions across two major Nebraska Watersheds (the Republican and Central Platte) over the 2000 to 2008 time period. The sales were spatially referenced (digitized into a GIS) in order to quantify and geo-spatially predict and...

Motivated to explore sustainability of renewable energy from bio-waste, this study attempted to discover the economic feasibility of effectively utilizing the existing agricultural waste to generate bio-energy, to complement local nucleus business by meeting specific market demands while...

In examining consumers’ willingness to pay (WTP) for food attributes, one approach is to use economic experiments, sometimes associated with consumers sensory testing. In this particular research project different types of pork chops are examined to identify consumer WTP for pork chop credence...