Download or read book A Case Study of Higher Energy Price Impacts on Production Costs for Kansas Crop Farms in 2000 and 2001 written by Jeffery Robert Williams and published by . This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Staff Paper written by and published by . This book was released on 2003 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of Higher Oil Prices on Production Costs for Kansas Farm Management Association Farms written by Jeffery Robert Williams and published by . This book was released on 2000 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impacts of Higher Energy Prices on Agriculture and Rural Economies written by United States Department of Agriculture and published by CreateSpace. This book was released on 2015-07-20 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural production is sensitive to changes in energy prices, either through energy consumed directly or through energy-related inputs such as fertilizer. A number of factors can affect energy prices faced by U.S. farmers and ranchers, including developments in the oil and natural gas markets, and energy taxes or subsidies. Climate change policies could also affect energy prices as a result of taxes on emissions, regulated emission limits, or the institution of a market for emission reduction credits. Here we review the importance of energy in the agricultural sector and report the results of a case study on the economic implications for the farm sector of energy price increases that would arise from plausible, constructed greenhouse-gas-emission reduction scenarios. Higher energy-related production costs would generally lower agricultural output, raise prices of agricultural products, and reduce farm income, regardless of the reason for the energy price increase. Nonetheless, farm sector impacts were modest for the scenarios and time periods examined. We demonstrate the unique distribution of effects resulting from price (or cost) increases for different types of energy due to pricing their carbon content, as well as the relative use of energy in production of different agricultural commodities. Our analysis focuses on relatively short-term adjustments to higher energyrelated costs and does not include potential financial benefits from sequestering carbon or reduced climate change. Finally, we find that agricultural sector impacts on farming-dependent counties would not be substantial but would be potentially largest where education and employment levels are relatively low, while effects on rural communities due strictly to energy production adjustments would be concentrated in the few U.S. counties with significant employment in energy extraction industries.

Download or read book Staff Programs and Publications in Agricultural Economics Kansas State University 2003 written by and published by . This book was released on 2004 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impacts of higher energy prices on agriculture and rural economies written by and published by . This book was released on 2011 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Renewable Fuel Standard written by National Research Council and published by National Academies Press. This book was released on 2012-01-29 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.

Download or read book The Value Degree and Consistency of Kansas Crop Farms Relative Characteristics Pratices and Management Performances written by Cooper H. Morris (Jr.) and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This research analyzes how crop farms can achieve a higher net income per acre than other operations by farming fundamentally differently than others. There are many factors that are important to the long-term viability of today's crop operations, one of which is how farms profitability compares with other operations. This determines farms' ability to compete for land, outlast other operations through periods of unprofitability, and produce crops at long run equilibrium prices. These factors are relevant in today's crop production industry where farms sit on a segment of the agribusiness supply chain. Therefore, in the interest of providing farms relevant information to manage their operations, this research analyzes how farms can distinguish their performance from other operations by accessing land and equipment resources, production practices for growing crops, and focusing their management efforts differently than other operations. There are three parts to this analysis. First, farms are broken down by characteristics, practices, and management performances. Then an econometric analysis quantifies the integrated correlation between farms' distinguished characteristics, practices, and management performances and their distinguished net incomes per acre. Next a standard deviation analysis measures the degree to which farms are capable of distinguishing particular characteristics, practices, and management performances from other operations. Lastly, the performance of farms over the 2001 to 2010 time period is used to quantify how feasible it is for farms to maintain particular differences from other operations. Data used in this analysis were provided by the Kansas Farm Management Association, Kansas State University's Department of Agricultural Economics, and Kansas's National Agricultural Statistics Service office. The results suggest the way farms distinguish their characteristics, practices, and management performances from other operations impacts how their net income compares to other operations. The econometric analysis found that relative farm size, share of rented acres, the value of overhead and equipment investment per acre, government payments, planting intensity, risk, and cost, yield, and price management performances were all significantly related to farms' relative net income. In regards to farms' comparative profitability, this suggests farms should be aware of how their characteristics, practices, and management performances compare to other operations. The results also suggest the degree to which and the consistency with which farms can distinguish particular characteristics, practices, and management performances are different from one another. Over the 2001 to 2010 period, Kansas farms distinguished their characteristics from other operations to a larger degree than they distinguished their practices and management performances. Farms also maintained differences in their characteristics more consistently than they maintained differences in their practices and management performances. This suggests farms that are actively seeking to distinguish their net income per acre from other operations should be aware of the degree and consistency with which they can maintain particular differences from other operations.

Download or read book Adapting Western Kansas Farms to Uncertain Prices and Yields written by Emery N. Castle and published by . This book was released on 1954 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Kansas Farmers Willingness to Adopt Alternative Energy Crops and Conservation Practices written by Jason Edward Fewell and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The adoption of new technologies on-farm is affected by socio-economic, risk management behavior, and market factors. The adoption of cellulosic biofuel feedstock enterprises and conservation practices plays an important role in the future of Kansas agriculture. No set markets currently exist for bioenergy feedstocks and farmers may be reluctant to produce the feedstocks without contracts to mitigate uncertainty and risk. Adoption of conservation practices to improve soil productivity and health may be affected by risk considerations also. The purpose of this dissertation is to study how market mechanisms and risk influence Kansas farmers' willingness to adopt cellulosic biofuel feedstock enterprises and conservation practices on-farm. The first essay examines farmers' willingness to grow switchgrass under contract using a stated choice approach. Data were collected using an enumerated survey of Kansas farmers and analyzed using latent class logistic regression models. Farmers whose primary enterprise is livestock are less inclined to grow switchgrass. In addition, shorter contracts, greater harvest flexibility, crop insurance, and cost-share assistance increase the likelihood farmers will grow switchgrass. The second essay examines how farmers' risk perceptions impact conservation practice adoption. Factor analysis of survey data was used to identify primary risk management behaviors of Kansas farmers. A multinomial logit model of conservation practice adoption incorporating these risk behaviors was developed. Estimation results indicate that different risk management factors may have no significant impact on practice adoption. Farmers may not consider certain aspects of risk significant in their adoption decision. The third essay examines the effect of different risk management behaviors on farmers' willingness to produce alternative cellulosic bioenergy feedstocks under contract. Data were collected using a farmer survey with a set of stated choice experiments and analyzed using factor analysis and latent class logistic regression models. While farmers approach risk management differently, the risk management behaviors identified have no significant impact on farmers' willingness to produce corn stover and switchgrass but have a negative impact on farmers' willingness to produce sweet sorghum as a biofuel feedstock. These results may indicate that farmers are indifferent toward adopting new bioenergy cropping enterprises when traditional crop production is profitable and more certain.

Download or read book American Doctoral Dissertations written by and published by . This book was released on 2000 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Studies on the Economic Efficiency of Kansas Farms written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study focused on the economic efficiency of Kansas farms. The goal was to investigate factors and how they might affect farms and their economic and production performance. Kansas was selected as the region of study for its large agricultural production and distinctive type of multiple-operation farms. Farms in the sample could produce three outputs, crops, livestock and custom work. Inputs for the farms included measures of capital, labor, land and purchased inputs. Production outputs were measured in bushels and tons; input quantities were computed from input expenditures applying an input price index taken from the US Department of Agriculture in real US dollars. The dataset consisted of a 10-year (1998-2007) panel of 456 multi-output farms belonging to the Kansas Farm Management Association (KFMA). Data Envelopment Analysis (DEA) techniques were used to construct a non-parametric efficiency frontier and calculate technical efficiency (TE), allocative efficiency (AE), scale efficiency (SE), and overall or economic efficiency (OE) for each farm and each year. A discretionary input oriented DEA technique was used to assess the effect of capital availability as a farm input and its impact on farms' efficiencies. Efficiency scores in this problem were compared to the farms' scores when the level of debt was accounted for as a farm input. Panel data Tobit analysis was applied to the farms' inefficiency scores to investigate the causality of selected farm characteristics on technical, allocative, scale and overall inefficiencies. For the sampled farms and period, results confirmed that larger farms were more efficient than smaller ones. Farms specializing in livestock products, such as dairy and beef, were reported to be slightly more overall efficient than crop or mixed farms. Some economies of scope were found between custom work operations and crops. Financial structure of the farms was measured using the ratio of total debt to total assets for each farm. According to the results, larger leverage ratios increased all farm efficiencies. The positive effect of debt or capital availability in Kansas farms efficiencies was confirmed. The results of the technical efficiency discretionary DEA model agreed with this finding.

Download or read book Local Food Systems Concepts Impacts and Issues written by Steve Martinez and published by DIANE Publishing. This book was released on 2010-11 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive overview of local food systems explores alternative definitions of local food, estimates market size and reach, describes the characteristics of local consumers and producers, and examines early indications of the economic and health impacts of local food systems. Defining ¿local¿ based on marketing arrangements, such as farmers selling directly to consumers at regional farmers¿ markets or to schools, is well recognized. Statistics suggest that local food markets account for a small, but growing, share of U.S. agricultural production. For smaller farms, direct marketing to consumers accounts for a higher percentage of their sales than for larger farms. Charts and tables.

Download or read book Hearing to Review the Costs and Benefits of Agriculture Offsets written by United States. Congress. House. Committee on Agriculture. Subcommittee on Conservation, Credit, Energy, and Research and published by . This book was released on 2010 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Linking Efficiency Profitability and Growth of Kansas Farms written by Cody O'Brien and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this analysis was to examine the profitability and efficiency of Kansas farms in order to draw inferences among the profitability, efficiency, and growth of agricultural producers in Kansas. The time period analyzed was 2005 to 2015. Farms in the sample include a mix of 564 crop and/or livestock operations with 11 years of continuous data through the Kansas Farm Management Association data-bank. Efficiency scores were calculated to determine how close each farm was to the production possibilities frontier, or their cost efficiency. Profitability measures, (operating profit margin and return on assets), were obtained for each farm. The profitability dynamics in 2014 and 2015 for these farms changed compared to previous years. Crop farms generated less profits in 2014 and 2015 compared to previous years, and relative profits from average fluctuated more for sampled farms in 2014 and 2015. Farms were also categorized into risk classes. These classifications aim at distinguishing farms that are profitable or not, and their level of solvency, utilizing their net farm income from operations and their debt to asset ratio. Farms are migrating from the low risk classification, showing that Kansas farms are becoming less profitable, but are not transitioning to a higher risk solvency state. These farms will need to focus on utilizing their inputs more efficiently to keep their solvency levels in check. After analyzing persistence in profitability, the results suggest that farms with higher return on assets tend to be more solvent, but farms with higher operating profit margin tend to be less solvent. The analysis also suggests that there might have been persistence in profits in the years prior to 2015. The analysis of relative positioning of farms in terms of return on assets suggests that during 2007-2011 some farms were able to consistently differentiate themselves by generating either below or above normal profits. Some farms were able to become more profitable in 2012 and 2013, while others lagged behind supported by regression results that signaled divergence of profitability levels. The relative positioning analysis for operating profit margin indicates that farms had similar operating profit margins from 2010 through 2014, and divergence occurred in 2015 by farms that were able to differentiate themselves more through the average operating profit margin. Next the efficiencies of the farms were examined. Analysis of the efficiency scores suggests that the cost efficiencies of Kansas farms are not explained by risk classification significantly, but the crop-labor percentage ratio significantly explains the cost efficiency of the farms. The relationship between cost efficiency and profitability measures proved to be the strongest out of the three performance measures due to their correlation. The final step in the analysis was to examine farm characteristics of the top performing farms. Farms were ranked by profitability measurements and the efficiency measure. Variables of interest that were significantly different between the top 25 percent and the bottom 25 percent of farms include total farm assets, value of farm production, crop-labor percentage, crop acres, number of workers, and age of operators.

Download or read book Economic Impact of Changes in Rail Pricing for Export Wheat in Kansas written by Victor E. Eusebio and published by . This book was released on 1993 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Economic Analysis of Producing Grain and Biomass in Kansas written by Jon Brammer and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the net returns from grain and biomass production from seven annual crop rotations using six different management scenarios. This study also examines the profitability of producing biomass from three perennial crops using four management scenarios. Soybeans were rotated with grain sorghum, dual purpose sorghum, photoperiod sensitive sorghum, brown mid-rib (BMR) sorghum, and corn. Continuously cropped corn was also included. Perennial grasses including switchgrass and big bluestem were compared to a traditional crop, alfalfa. Yields and input data for the crops was from an experimental field study conducted at Kansas State University, Manhattan KS. Enterprise budgets were constructed for rotations of five sorghum varieties with soybeans, corn and soybeans, and continuous corn. Enterprise budgets were also constructed for three perennial crops; consisting of switchgrass, big bluestem grass, and alfalfa. Perennial crop costs and returns are estimated over an assumed 10 year production horizon. Costs and net returns for each of these budgets were compared to determine which crop rotation was the most economically feasible. Yield and input rates, excluding soybean yield and inputs, used were collected from an agronomic field experiment at Manhattan located in Riley County, Kansas (Propheter, 2009; Roozeboom et al., 2011). Costs of inputs were from USDA Agricultural Prices, Kansas State University farm management guides, and Sharpe Brothers Seed Company. Harvest costs are from Kansas State University farm management guides and a Northeastern Colorado and Northwestern Kansas producer survey. The corn- soybean rotation had the highest net returns per acre across all annual crop scenarios. The corn-soybean rotation did not have the highest net returns per acre when an alternative price was used for the photoperiod sensitive sorghum-soybean rotation. The dual purpose sorghum-soybean rotation had the second highest net returns per acre across all annual crop scenarios. The corn-soybean and dual purpose sorghum-soybean rotations had high grain net returns, and low to average biomass production costs. Alfalfa had the highest amortized net returns of the perennial crops, and had positive establishment year net returns. Alfalfa had higher amortized net returns and establishment year net returns than switchgrass and big bluestem.