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|Title: ||A FARM-LEVEL ANALYSIS OF SPECIALTY CROP PRODUCTION IN KENTUCKY|
|Authors: ||Green, Daniel C.|
|Date Created: ||2001 |
|Publisher: ||University of Kentucky|
|Abstract: ||Special purpose crops are those with traits designed to meet the specific
demands of an end user. A mean-variance (E-V) mathematical programming model
and sensitivity analysis are used to quantify and discuss the potential net returns and
risk associated with the adoption of special purpose crops at the farm level.
Furthermore, a spreadsheet-based decision aid is developed to assist farmers in the
decision of whether or not to produce high-oil corn on their operation.
Results from this study indicate that the profitability of high-oil corn is very
marginal, dependent upon the ability of the crop to yield as well as conventional corn,
and gain significant premiums. The potential of marketing this crop through a
producer-owned cooperative seems promising.|
|Appears in Collections:||Electronic Theses and Dissertations|
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