Agribusiness & Applied Economics Report最新文献

{"title":"2016 Outlook of the U.S. and World Wheat Industries, 2016-2025","authors":"Richard D. Taylor","doi":"10.22004/ag.econ.242090","DOIUrl":"https://doi.org/10.22004/ag.econ.242090","url":null,"abstract":"This report evaluates the U.S. and world wheat markets for the 2016-2025 time period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Both the U.S. and world wheat economies are predicted to remain soft for the next ten years. World demand for both common and durum wheat are expected to remain stable however the large supplies of 2013, 2014 and 2015 will continue to pressure the market. The high price levels in 2010, 2011 and early 2012 will not be maintained because they are the result of a small wheat crop in 2010 and 2012 in the Former Soviet Union (FSU) and Argentina in 2012. The lower price levels for all commodities will also impact the wheat market. It is expected that wheat production in the FSU will return to normal in the future. World trade volumes of both durum and common wheat are expected to expand, but trade volume of common wheat may grow faster than that of durum wheat.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133543042","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"2015 Outlook of the U.S. and world corn and soybean industries, 2014-2024.","authors":"Richard D. Taylor, W. Koo","doi":"10.22004/AG.ECON.157670","DOIUrl":"https://doi.org/10.22004/AG.ECON.157670","url":null,"abstract":"This report evaluates the United States and world corn and soybean markets for the 2010-2020 period using the Global Corn and Soybean Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Corn-based ethanol production has influenced United States corn industry. As long as the production of corn-based ethanol remains strong, corn prices will likely remain at a level higher than the long term average. However, changes in the U.S. Federal government subsidies or mandates could significantly impact the world corn market. Under the current assumptions in the model, corn price is expected to remain in a range between $4.68 and $5.35 per bushel. Chinese soybean import is the leading factor influencing the world soybean market. China currently imports 65% of soybeans trade in the world market, and that is expected to increase to about 70% by 2020. Major exporters will continue to be the U.S., Brazil and Argentina. However both Brazil and Argentina could increase exports while U.S. exports will remain at the current level. Soybean prices are expected to remain strong but slowly decrease to about $9.82 by 2020.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125438643","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Results of the North Dakota Land Valuation Model for the 2015 Agricultural Real Estate Assessment","authors":"Dwight G. Aakre, Ronald H. Haugen","doi":"10.22004/AG.ECON.288513","DOIUrl":"https://doi.org/10.22004/AG.ECON.288513","url":null,"abstract":"This report summarizes the 2015 results of the North Dakota Land Valuation Model. The model is used annually to estimate average land values by county, based on the value of production from cropland and non-cropland. The county land values developed from this procedure form the basis for the 2015 valuation of agricultural land for real estate tax assessment. The average value for all agricultural land in a county from this analysis is multiplied by the total acres of agricultural land on the county abstract to determine each county’s total agricultural land value for taxation purposes. The State Board of Equalization compares this value with the total value assessed to agricultural property in each county. The average value per acre of all agricultural land in North Dakota increased by 7.22 percent from 2014 to 2015 based on the value of production. Cropland value increased 7.69 percent, and non-cropland value increased by 4.1 percent. The formula capitalization rate was 4.95 percent. The legislation setting a minimum capitalization rate expired after the 2011 tax year. The increase in the values for cropland and all agricultural land was primarily due to increased value of crop production. The value of production for most counties has been considerably higher since 2007 than prior years. This increase in value of production is a combination of increased yields, higher prices and a change in cropping mix. The capitalization rate change increased land valuations by 4.85 percent in all counties; while the cost of production index decreased land values in all counties by 6.17 percent. The value of production increased cropland valuation between 4.48 percent up to 16.33 percent across individual counties. Non-cropland values increased by 4.1 percent, all due to an increase in the price received for calves and cull cows. Changes in market value are included for comparison. Market value data are from the annual County Rents and Values survey conducted by North Dakota Agricultural Statistics Service.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127877894","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Conservation Reserve Program: A Literature Review","authors":"C. Wachenheim, W. Lesch, N. Dhingra","doi":"10.22004/AG.ECON.164829","DOIUrl":"https://doi.org/10.22004/AG.ECON.164829","url":null,"abstract":"The Conservation Reserve Program, one of more than twenty voluntary conservation programs administered by the United States Department of Agriculture, was initiated under the Agricultural Act of 1985 and has evolved under subsequent farm bills. Today, enrollment acres are selected among qualifying land based on an environmental benefits index. Total land enrolled will drop to a maximum of 24 million acres under the Agricultural Act of 2014. This report covers a broad scope of existing literature related to the Conservation Reserve Program. Although much of the literature is dated and not reflective of today’s markets, the currency of the message is that landowners respond to financial incentives. Further, uncertainty about the costs and financial benefits has endured as a hindrance to enrollment that may otherwise be attractive to landowners. Research supports the influence of a host of additional factors, including those non‐financial. A focus on consideration of local conditions and specific conservation practices will aid future research, although specificity must be balanced against incorporating landowner consideration of other land‐use alternatives. The literature emphasizes the need to educate decision‐makers on all aspects of conservation program options likely to influence their enrollment decision using a venue that is accessible to them. This information should stress economic factors and focus on specifics such as the impact of a specific conservation practice locally and the likely economic impact of various options for the individual producer. We should look for innovative, efficient methods to increase farmer access to this information to include social networks and peer education.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"16 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114019597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Results of the North Dakota Land Valuation Model for the 2013 Agricultural Real Estate Assessment","authors":"Dwight G. Aakre, Ronald H. Haugen","doi":"10.22004/ag.econ.236248","DOIUrl":"https://doi.org/10.22004/ag.econ.236248","url":null,"abstract":"This report summarizes the 2013 results of the North Dakota Land Valuation Model. The model is used annually to estimate average land values by county, based on the value of production from cropland and non-cropland. The county land values developed from this procedure form the basis for the 2013 valuation of agricultural land for real estate tax assessment. The average value for all agricultural land in a county from this analysis is multiplied by the total acres of agricultural land on the county abstract to determine each county’s total agricultural land value for taxation purposes. The State Board of Equalization compares this value with the total value assessed to agricultural property in each county. The average value per acre of all agricultural land in North Dakota increased by 9.46 percent from 2012 to 2013 based on the value of production. Cropland value increased 9.62 percent, and non-cropland value increased by 5.68 percent. The formula capitalization rate was 5.488 percent. The capitalization rate used for all years from 2003 through 2011 was the minimum rate set by the Legislature. The legislation setting a minimum capitalization rate expired after the 2011 tax year. The increase in the values for cropland and all agricultural land was primarily due to increased value of crop production. The value of production for most counties has been considerably higher since 2007 than prior years. This increase in value of production is a combination of increased yields, higher prices and a change in cropping mix. The capitalization rate change increased land valuations by 6.85 percent in all counties; while the cost of production index decreased land values in all counties by 5.4 percent. The value of production impacted cropland values from a negative 1.73 percent to a gain of 14.47 percent. Non-cropland values increased by 5.68 percent, 1.45 percent from changes in the capitalization rate and the cost of production index and the remainder from an increase in the price received for calves and cull cows. Changes in market value are included for comparison. Market value data are from the annual County Rents and Values survey conducted by North Dakota Agricultural Statistics Service.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123835884","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Renewable Energy Industries' Contribution to the North Dakota Economy","authors":"Randal C. Coon, N. Hodur, D. A. Bangsund","doi":"10.22004/AG.ECON.140122","DOIUrl":"https://doi.org/10.22004/AG.ECON.140122","url":null,"abstract":"","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121870579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"2012 Outlook of the U.S. and World Sugar Markets, 2011-2021","authors":"W. Koo, Richard D. Taylor","doi":"10.22004/AG.ECON.128037","DOIUrl":"https://doi.org/10.22004/AG.ECON.128037","url":null,"abstract":"This report evaluates the U.S. and world sugar markets for 2011-2021 using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to remain stable over the next ten years. Sugar prices increased from 18.7 cents/ lb in 2009, 27 cents/lb in 2010 and 32 cent/lb in 2011. World sugar production increased in 2010 along with consumption. World demand for sugar is expected to grow at a similar rate to world supply, resulting in Caribbean sugar prices remaining near the 23.0 -28.0 cents/lb range throughout the forecast period. The U.S. wholesale price of sugar is projected to remain in the 38 to 45 cents/lb range throughout the forecast period. It is projected that Mexican exports to the United States will decrease to 488 thousand metric tons of sugar by 2021. World trade volumes of sugar are expected to increase throughout the forecast period.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":" 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113950528","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"2011 Outlook of the U.S. and World Sugar Markets, 2010-2020","authors":"W. Koo, Richard D. Taylor","doi":"10.22004/AG.ECON.115555","DOIUrl":"https://doi.org/10.22004/AG.ECON.115555","url":null,"abstract":"This report evaluates the U.S. and world sugar markets for 2010-2020 using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to remain stable over the next ten years. Sugar prices were increased from 18.7 cents/ lb in 2009 to 27 cents/lb in 2010. World sugar production increased in 2010 along with consumption. Ending stocks did tighten in 2010. Ending stock projections by various organizations for 2011 were lower than previously estimated. World demand for sugar is expected to grow at a similar rate to world supply, resulting in Caribbean sugar prices remaining near the 16.0 -19.0 cents/lb range throughout the forecast period. The U.S. wholesale price of sugar is projected to remain in the 32 to 34 cents/lb range throughout the forecast period. It is projected that Mexico will be able to export 586 thousand metric tons of sugar to the United States by 2020. World trade volumes of sugar are expected to increase throughout the forecast period.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133179625","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Energy, Agriculture, and GHG Emissions: The Role of Agriculture in Alternative Energy Production and GHG Emission Reduction in North Dakota","authors":"Sijesh C. Aravindhakshan, W. Koo","doi":"10.22004/AG.ECON.101222","DOIUrl":"https://doi.org/10.22004/AG.ECON.101222","url":null,"abstract":"Energy, agriculture, and GHG emissions are highly interrelated. Several agricultural commodities are currently used as feedstock for biofuel production to replace fossil fuels. As the largest consumer of energy, the U.S. has taken several initiatives to reduce the use of fossil fuels, achieve energy security, and reduce GHG emissions. The industrial community of the U.S. invested heavily in biofuel and wind energy production. North Dakota has highest potential in producing wind energy and biomass from dedicated energy crops. Unfortunately these resources are not fully utilized for producing renewable energy. North Dakota is an energy intensive economy and per capita energy consumption is higher than other states. This technical bulletin provides a comprehensive report on the energy production and related emissions in the United States with special emphasis on North Dakota. The bulletin also discusses various alternative methods to reduce GHG emissions to meet the regulatory standards with a special emphasis on North Dakota. The study found that North Dakota produces the cheapest electricity and a major share is consumed outside the state. The price of electricity does not include negative externalities associated with burning lignite coal. North Dakota uses its potential to produce wind and corn ethanol to a great extent. The state level policies and financial supports are directed to wind industry and energy efficiency measures. The current renewable portfolio standards and non-compliance adversely affect the renewable energy industry in North Dakota.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130061124","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Petroleum Industry's Economic Contribution to North Dakota in 2007","authors":"D. A. Bangsund, F. Leistritz","doi":"10.22004/AG.ECON.292273","DOIUrl":"https://doi.org/10.22004/AG.ECON.292273","url":null,"abstract":"North Dakota's largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic stimuli for the state's economy. North Dakota's energy industries can be conveniently separated into the activities that produce and distribute electricity, coal, and petroleum. Recent upswings in oil activity, due in part to increased energy prices, the availability of improved exploration and extraction technology, and substantial potential for oil recovery from various formations in the Williston Basin, have brought new attention to the petroleum industry in North Dakota. Increase in leasing activity, more well drilling rigs operating in the state, substantial increases in severance tax collections, and other financial and economic aspects of the industry have all been discussed in the media. The purpose of this report is to document the physical and economic activity associated with the petroleum industry in North Dakota.","PeriodicalId":356449,"journal":{"name":"Agribusiness & Applied Economics Report","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124111777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}