CARGILL HYBRID SEEDS MEXICO: A CASE STUDY

This case study focuses on the history of Cargill Hybrid Seeds Mexico, its position in the industry and the manner in which it had grown throughout time. Details on product, facility and personnel decisions give a feel for how the company was managed and how it succeeded in growing rapidly in the 1990s. The purpose of this case study is to provide an in-depth look into the Mexican Seed industry, with a particular focus on Cargill Seeds Mexico prior to its takeover by Monsanto. Additionally, the case study allows for the discussion of how to successfully merge similar companies, in this case, three companies that are accustomed to being competitors in the market. A discussion focusing on unique human resource difficulties that come from such a merger a setup.Agribusiness,

Efficient Utilization Of InterContinental New Orleans Hotel Resources After Hurricane Katrina: A Case Study

A significant capital budgeting problem faced the InterContinental New Orleans Hotel after the wake of Hurricane Katrina in 2005. The problem was presented to students as a case study.  Students were provided firm specific and market data to perform a detailed discounted cash flow analysis, including estimation of the weighted average cost of capital and the corresponding sensitivity analysis.  The case is designed to be used in an upper level undergraduate corporate finance class

Appellation of Origin Status and Economic Development: A Case Study of the Mezcal Industry

Mezcal is an alcoholic beverage produced only in selected regions of Mexico under appellation of origin status from the Word Intellectual Property Organization. While it has been produced in Mexico for many centuries, mezcal’s appellation of origin was only granted in 1995. Therefore efforts to produce and market it as a premium product have a relatively short history. This case study examines developments in the production and marketing of this unique product, and the activities of the marketing cooperative El Tecuán in Guerrero State in this process.mezcal, Mexico, appellation, marketing, cooperative, Community/Rural/Urban Development, Marketing,

Biofuel Discount Rates and Stochastic Techno-Economic Analysis for a Prospective Pennycress (Thlaspi arvense L.) Sustainable Aviation Fuel Supply Chain

13-C-AJFF-UTENN-015This is an open access article under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license https://creativecommons.org/licenses/by/4.0/. Please cite this article as: Trejo-Pech CO, Larson JA, English BC and Yu TE (2021) Biofuel Discount Rates and Stochastic TechnoEconomic Analysis for a Prospective Pennycress (Thlaspi arvense L.) Sustainable Aviation Fuel Supply Chain. Front. Energy Res. 9:770479. doi: 10.3389/fenrg.2021.770479The international aviation industry has the goal to gradually reduce carbon emissions mainly by using sustainable aviation fuel (SAF). However, currently SAF cannot be produced at competitive prices relative to petroleum-based jet fuel. Pennycress is a crop whose oilseed could be used as a relatively low-cost feedstock to produce SAF, potentially benefiting farmers and the environment. This stochastic techno-economic analysis (TEA) studies an enterprise buying pennycress oilseed from farmers, extracting the bio-oil and selling it to a biorefinery that converts bio-oil into SAF. Maximum buying prices (MBP)\u2014prices that yield a zero net present value\u2014the crushing enterprise could pay farmers for pennycress oilseed are estimated. To conduct the analysis, discount rates are estimated based on financial data of biofuel firms, thus providing a realistic benchmark to evaluate profitability and feedstock buying prices. Estimated risk-adjusted discount rates vary between 12 and 17%, above rates typically used in similar valuations. Estimated stochastic MBP range between 10.18 and 11.73 cent pound 121, which is below the price at which farmers are willing to plant pennycress, according to recent research. By considering the crushing facility\u2019s inherent cash flow structure and risk, the distributions of stochastic modified internal rate of return suggest the crushing enterprise could be economically attractive at a 14% discount rate, our most likely estimate. However, between 11 and 17% times the cash flow model is simulated, the firm falls under financial distress. Overall, the findings suggest potential barriers for deployment of a SAF supply chain without governmental incentives or related policies

Cal-Maine Foods, Inc.: stock price estimation in the midst of pandemic

This case concerns an analyst’s task to value Cal-Maine Foods, Inc., the largest and only publicly traded U.S. egg production firm. The case takes place in 2020, at the time of the Covid-19 pandemic. Historically volatile egg prices were even more volatile in April 2020, with a large spike in prices that led the state of Texas to sue the firm for price gouging. Added to this, Cal-Maine had an unexpectedly bad earnings report a few months earlier, and prior to that, the firm cut its dividend. How should the analyst incorporate these shocks – or should they be included at all? How can the analyst assess the risk of a company that has volatile revenues and costs and a widely varying beta? Which factors is the analysis most sensitive to? Was the market overvaluing Cal-Maine? Or, was there potential for investors to profit from investing in the firm

Financial ratios used by equity analysts in Mexico and stock returns

Se estudia una muestra de recomendaciones por analistas del mercado de capital en México. Proponemos un grupo de razones financieras “preferidas” en base a esa muestra. Encontramos que las razones financieras preferidas de los analistas, un grupo sofisticado de usuarios de información financiera, no son aquellas Se estudia una muestra de recomendaciones por analistas del mercado de capital en México. Proponemos un grupo de razones financieras “preferidas” en base a esa muestra. Encontramos que las razones financieras preferidas de los analistas, un grupo sofisticado de usuarios de información financiera, no son aquellastípicamente incluidas en los libros de texto de finanzas. Más aún, usando análisis de regresión de panel, probamos estadísticamente la relación entre razones financieras y rendimientos futuros de acciones durante el periodo de 1995–2011. En general, en consistencia con la hipótesis de mercados eficientes, los resultados muestran que los coeficientes de las razones financieras preferidas por analistas tienen capacidad predictiva sobre rendimientos futuros a un año. No encontramos evidencia de capacidad predictiva en rendimientos a dos año

CARGILL HYBRID SEEDS MEXICO: A CASE STUDY

This case study focuses on the history of Cargill Hybrid Seeds Mexico, its position in the industry and the manner in which it had grown throughout time. Details on product, facility and personnel decisions give a feel for how the company was managed and how it succeeded in growing rapidly in the 1990s. The purpose of this case study is to provide an in-depth look into the Mexican Seed industry, with a particular focus on Cargill Seeds Mexico prior to its takeover by Monsanto. Additionally, the case study allows for the discussion of how to successfully merge similar companies, in this case, three companies that are accustomed to being competitors in the market. A discussion focusing on unique human resource difficulties that come from such a merger a setup

Florida’s Natural® and the supply of Florida oranges

This case study provides a thorough description of the U.S. orange juice industry, and focuses on Florida’s Natural, a cooperative of citrus growers and owner of the Florida’s Natural® brand. Florida’s Natural® competes mainly with Tropicana, owned by PepsiCo, and with Minute Maid and Simply Orange, brands of The Coca-Cola Company. The objective of the case is to evaluate the orange juice industry, assess the position of Florida’s Natural within the industry, and propose business actions for the cooperative. By the end of 2016, the orange juice industry was in the midst of a severe crisis, threatened by decreasing supply and changing consumption preferences. Total orange production in the State of Florida during the 2015-16 season was the smallest crop since the 1960s due mainly to a disease known as citrus greening. Marketers were also facing consumers’ concerns regarding high levels of calories and sugar in some juice categories. Furthermore, on May 2016, the Food and Drug Administration mandated a change in the nutrition facts label on packaged food, becoming effective in the summer of 2018, which may impact marketers in the sector