Stochastic Dominance Analysis of Bioenergy Crops as a Production Alternative on an East Tennessee Beef and Crop Farm

Abstract

This study evaluated prices and incentives for switchgrass stated in a biorefinery’s contract terms that induce switchgrass production on an east Tennessee representative farm when compared with traditional enterprises. The alternate contract terms imitated current subsidies/incentives offered as well as incentives and cost share terms not in the BCAP.switchgrass, contract, risk aversion, net return, Farm Management, Production Economics, Resource /Energy Economics and Policy, Q12,