A Monte Carlo simulation model was constructed to analyze the economic feasibility of growing algae as a renewable fuel source. Increasing growth rates, pond water depth, oil content, and facility size are important for ensuring the economic viability of a commercial algae facility.

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...

This paper reports SERF analysis to help rice landlords in the Upper Coastal Bend of Texas evaluate alternative crop insurance combinations of yield loss and prevented planting coverage levels given uncertainty related to surface irrigation water curtailment. For baseline and high curtailment...

The United States is becoming more dependent on ethanol production as a renewable fuel source to decrease dependency on foreign oil. The increase in demand for renewable fuels, due in part to the Energy Policy Act of 2005, has led to increased research on alternative renewable fuels from...

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...

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...

A whole farm simulation model, Technology Impact Evaluation System (TIES), was used to assess ex-ante financial and economic impacts of immunization of dairy cattle against East Coast Fever (ECF) by the infection and treatment method (ITM) on smallholder farms from two sites in Kenya. Four...

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...

The effects on marketing margins and Texas what producers of shifting from a period with stable prices to a period without stable prices were investigated using both econometric and simulation techniques. Empirical evidence reveals wheat export firms are risk averse and that either futures...