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We employ a multi-region computable general equilibrium model of the world economy to estimate changes in worldwide food insecurity that result from the imposition of the U.S. Renewable Fuels Standard.
Persistent link: https://www.econbiz.de/10009020409
Contrary to developments in other parts of the world, South Africa has not developed a bio-ethanol industry. The … objective was to quantify the risks and economic viability of a wheat based bio-ethanol plant in the winter rainfall region of … South Africa. Monte Carlo simulation of a bio-ethanol plant was used to quantify the risk that investors will likely face …
Persistent link: https://www.econbiz.de/10005803435
The feasibility of integrating ethanol production into an existing sugar mill was analyzed by a stochastic spreadsheet … model. As the price of corn continues to rise, ethanol producers will eventually need to look at other feedstock … alternatives. Sugarcane has been proven to work well in the production of ethanol in Brazil. The results indicated existing U …
Persistent link: https://www.econbiz.de/10005513967
. Both the ethanol and biodiesel industries have experienced tremendous growth in the past few years. The production of these …
Persistent link: https://www.econbiz.de/10005476747
The economic feasibility of producing ethanol from sweet sorghum juice is projected using Monte Carlo simulation models … to estimate the price ethanol plants will likely have to pay for sweet sorghum and the uncertain returns for ethanol … plants. Ethanol plants in high yielding regions will likely generate returns on assets of 11%-12% and in low yield areas the …
Persistent link: https://www.econbiz.de/10005311025
The Administration has proposed revising the AGI means test for eligibility to farm program payments. The 2002 farm bill excludes producers from farm program payments (CCP, DP, and MLG/LDP) if their average adjusted gross income (AGI) for three preceding years exceeds $2.5 million and less than...
Persistent link: https://www.econbiz.de/10005806935
Persistent link: https://www.econbiz.de/10005806936
Persistent link: https://www.econbiz.de/10009203343
One of the most fundamental and traditional risk management tools available to agricultural producers is a savings account. Cash reserves in savings provide a safety net for producers, allowing financial obligations and living expenses to be met when unexpected shortfalls in income occur. Crop...
Persistent link: https://www.econbiz.de/10008922453
With the 2009 milk prices still fresh on everyone’s mind, there has been increased interest in ways to limit milk price volatility. Using SERF, this paper determined some dairies are willing to pay for limited milk price volatility and found a value they are willing to pay using risk premiums.
Persistent link: https://www.econbiz.de/10008922595