ENTREPRENEURSHIP, SANCTIONS, AND LABOR CONTRACTING: DISCUSSION

Agribusiness,

DISCUSSION: CRITICAL ISSUES IN AGRICULTURAL LABOR MARKETS

Labor and Human Capital,

Development of the interactive broiler income spreadsheet

The poultry industry has experienced unprecedented increased efficiencies since 1960 in large part due to vertical integration facilitated by production contracts between growers and integrators. As growers seek information about contract production they need to be well informed about all aspects of the process, especially potential income. Recent poultry grower complaints have surfaced as a result of incorrect expense and revenue expectations. The Interactive Broiler Income Spreadsheet (IBIS) is being developed to enable current and prospective poultry producers to better estimate income. IBIS, an unbiased Excel™ spreadsheet tool to assist in decision making regarding broiler production profitability, uses actual grower expense and revenue information or, alternatively, grower-panel default data to assess income under various growerspecified production, expense, and price scenarios. Poultry integrator grower service personnel, lenders, and Cooperative Extension professionals will utilize IBIS to assist growers in operational planning and risk tolerance identification in varying economic situations. Growers may also gauge effects of capital improvements, equipment upgrades, chick placements, and time between flocks on income. Development of IBIS is continuing with collection of additional data and revision of procedures based upon results of field testing

COST, INPUT AND MARKET SURVEY RESULTS OF THE TEXAS FOOD PROCESSING INDUSTRY

State governments are concerned with economic development because the condition of their well being determines residents' standard of living. Therefore, state governments are interested in strategies for strengthening their economies. States with substantial agricultural production can implement a strategy of maintaining or increasing markets for that production, positively affecting all of the aforementioned measures. In some states, the focus has been to "add value" to raw agricultural commodities. Texas's food processing industry is the focus of this research. A survey was conducted to determine the cost components of Texas food processors, the percent of purchases from Texas, and reasons for these purchases. This article summarizes the results of this survey.Agribusiness,

THE CHANGING STRUCTURE OF AGRICULTURAL PRODUCTION

Production Economics,

The Nitrogen Fertilizer Value of Baled Broiler Litter for Cotton Production in the Arkansas Delta

The export of poultry litter by baling efficiently packages litter for long-term storage and transportation. Use of baled poultry litter to supply the recommended rates of P and K and a portion of the N rate appears to be a feasible nutrient management strategy for cotton.poultry waste management, cotton production, fertilizer, Crop Production/Industries, Environmental Economics and Policy, Q15, Q53,

A Pedagogical Exercise in Concept Integration: Or Relaxing Assumptions and Moving Toward the Real World

This article suggests to the educator an example of combining conceptual notions that should be familiar to students of business. In addition the example, which combines the notions of economic lot size and the learning curve, serves as a means for dealing with those critical of the many assumptions that often precede model building. This exercise or ones similar to it should give critics and/or students some appreciation of the complexities which are unveiled as we attempt to model closer to real-world applications

Combining the Learning Curve Concept with Economic Lot Sizing

Simple concepts familiar to most operations management students are frequently not integrated as a result of the complexity generated by their combination. This expository note demonstrates a method for combining the economic lot size concept with the learning curve and using a simple computer algorithm for solution purposes. It avoids the traditional trade-off of reality and accuracy for expediency

Impact of the Agricultural Sector on the Arkansas Economy in 2001

Agriculture has historically been one of Arkansas’ primary economic sectors. Agriculture is defined as the sum of agricultural production and processing activities unless otherwise specified. Agriculture contributes to the economy through direct agricultural production and value-added processing which generates economic activity in other parts of the economy

PRODUCER WELFARE CHANGES FROM MEAT AND POULTRY RECALLS

The number and volume of meat and poultry recalls has increased substantially in recent years. This is likely due to regulatory emphasis on foodborne illness resulting in an increased frequency of testing for pathogens. We use an equilibrium-displacement model to examine the effects of recall costs on the beef, pork, and poultry industries. Results suggest that higher recall costs may have actually increased producer surplus to the broiler industry because of consumer substitution among products and that most losses resulting from recalls are accruing to the beef and pork industries.Agribusiness,