Author:
Kiker Clyde,Lieblich Mark
Abstract
AbstractArtificial drying of corn in the Southeastern Coastal Plain was shown to be financially feasible for average annual per farm production levels of greater than 10,000 bushels. Net present values for four types of drying systems were evaluated using simulation modeling in which weather conditions, yield levels, and prices were entered as stochastic variables. Scale of production and irrigation substantially influenced crop drying potential. Stochastic efficiency analysis was used to evaluate the riskiness of the investment.
Publisher
Cambridge University Press (CUP)
Subject
Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)
Reference25 articles.
1. Tew Bernard V. “An Expected Value-Variance Analysis of Alternative Production Systems: A Study of Irrigation Schedules in the Georgia Plain.” Ph.D. dissertation, University of Florida, 1984.
2. The Influence of Harvesting Strategies and Economic Constraints on the Feasibility of Farm Grain Drying and Storage Facilities
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