Revenue-based policy alternatives are thought to be a potential component of the 2007 Farm Bill. This research provides an economic analysis of switching to a revenue assurance farm program for representative farms. Specifically, this research provides a monte-carlo stochastic simulation model...

With the 2005 Energy Bills passage, the production and use of ethanol is set to become an integral component of the transportation fuel market. Undoubtedly, this will affect the transportation fuel and agricultural industries. This paper uses an econometric time series approach to reveal...

After several months of increases, fossil fuel prices decreased substantially in August and September of 2006. • Crude oil prices directly affect gasoline prices, which are an important determinant of ethanol demand. Natural gas prices are an important cost of ethanol production. • This...

With the passage of the Energy Policy Act, the rapidly expanding number of ethanol plants, and the fury with which ethanol is being promoted, it is clear that ethanol will play a rising role in our domestic energy supply. Along with this rise there will be an increase in the consumptive use of...