Recent trend depicts that tomatoes and tomatoes products rank 2nd most important vegetable crop in the United States after potatoes and potatoes products contributing 20 percent of total vegetable production. More-so, tomato is equally ranked 2nd in the United States in terms of production...

This model evaluates the potential success of a cellulosic ethanol plant in Florida. Critical Economic factors of the plant were simulated to assess the ability of this project. These critical factors include the feedstock to be used, the cost of the facility, transportation costs and the...

Wheat regression models that account for the effect of weather are developed to forecast wheat yield and quality. Spatial lag effects are included. Wheat yield, protein, and test weight level are strongly influenced by weather variables. The forecasting power of the yield and protein models was...

The status of food security in Uganda is worrying. The share of Ugandans suffering from food insecurity measured in terms of caloric intake is alarmingly high with low rates of income poverty. Based on the 2005/06 Uganda National Household Survey data, the study provides insights into access to...

In recent years, the possibility of increasing production of legumes, whose area of cultivation has decreased, is being considered. It has been influenced by the yield variability which adversely affected the profitability of these plants cultivation. This paper attempts to assess the risk in...

Many studies suggest that farmers frequently show risk averse attitudes, and choose the “riskminimizing” and “safety first” survival strategy rather than pursuing the profit maximization. This article reports on a study of the impact of risk caused by different events: climate, stock...

This paper examines the impact of technical efficiency on the optimal exit timing of farms in a stochastic dynamic framework. Starting from a standard real options approach, we incorporate technical efficiency via a production function and derive an optimal price trigger at which farms...