scholarly journals Economic Analysis of Ginseng Based Forest Farming: a Sustainable Income Diversification Opportunity for Forest Landowners

2022 ◽  
Vol 11 (1) ◽  
pp. 25
Author(s):  
Prabodh Illukpitiya ◽  
Avis Ortiz ◽  
Fisseha Tegegne
Keyword(s):  
Production Systems ◽  
Economic Feasibility ◽  
Production Costs ◽  
Financial Risks ◽  
Economic Returns ◽  
Forest Landowners ◽  
Specific Objective ◽  
Sustainable Income ◽  
Southeastern Region ◽  
The U.S

While American ginseng is a complicated opportunity for forest farmers to understand, within these production systems there are many opportunities and constraints linked to production of ginseng. There are different market demands and prices paid for the various grades of dried roots depending on the system used to cultivate the plant. This study reviewed the unique benefits of producing ginseng, opportunities for forest farmers, the potential profits, as well as financial risks. The study focused on two common ginseng production systems in the southeastern region of the U.S. The specific objective of the paper is to assess economic returns of producing ginseng under different production systems. The Monte Carlo simulation was performed to analyze the profitability and risks associated with producing ginseng and performed sensitive analysis to determine the effect of uncertainty variables such as production costs, yield, and price of product on economic feasibility.

scholarly journals Technical and economic indices that determine the profitability of milk production systems participating in the “Full Bucket” program

2017 ◽  
Vol 38 (4) ◽  
pp. 1905
Author(s):  
Fábio Raphael Pascoti Bruhn ◽  
Marcos Aurélio Lopes ◽  
Flávio De Moraes ◽  
Afonso Aurélio de Carvalho Peres
Keyword(s):  
Milk Production ◽  
Production Systems ◽  
Descriptive Analysis ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Production Costs ◽  
Economic Returns ◽  
Labor Costs ◽  
Net Margin ◽  
Economic Indices

This study assesses the relationships among net margin (ML), profitability (LUC), and return (RENT), as well as several technical and economic indices that determine the ML, LUC and RENT land-use change, and economic return of milk production systems. We estimate and analyze the property-size, zootechnical, and economic indices of 20 milk production systems located in the state of Rio de Janeiro, Brazil, in 2011. We also conduct a descriptive analysis of the variables studied, as well as a multiple linear regression analysis among the estimated indices (independent variables) and the net margin, profitability, and return (dependent variables). The statistical analyses were performed using SPSS 20.0. The items that most influenced net margin were milk production by labor, total revenue, energy and protein commercial concentrates, and the ratio of labor costs to total operating costs. Then, profitability was most influenced by animal productivity per day, fixed value by lactation matrix (value immobilized in the activity divided by the number of lactating matrices), milk revenue, and the representativeness of energy concentrates. Economic returns were most influenced by the number of males available for sale, as well as by animal productivity per day and the value of assets on land per hectare. These findings show that management and technological efforts are required to reduce production costs. In addition, animal productivity needs to be increased because it is has the highest positive relationship with profitability.

scholarly journals An Analysis of the Impact of a Ban of Methyl Bromide on the U.S. Winter Fresh Vegetable Market

1996 ◽  
Vol 28 (2) ◽  
pp. 433-443 ◽  
Author(s):  
M. S. Deepak ◽  
Thomas H. Spreen ◽  
John J. VanSickle
Keyword(s):  
Methyl Bromide ◽  
Crop Production ◽  
Production Systems ◽  
Production Costs ◽  
Vegetable Crops ◽  
Demand Functions ◽  
Fresh Vegetable ◽  
Price Increases ◽  
The Impact ◽  
The U.S

AbstractThis study evaluates the economic impact of a ban on methyl bromide on the U.S. winter fresh vegetable market for six major crops: tomatoes, green peppers, cucumbers, squash, eggplant, and watermelons. Florida is the primary domestic supplier of these products. Mexico and Texas are the competing suppliers of the five vegetable crops and peppers, respectively. Leontief technologies represent both monocrop and double-crop production systems; linear inverse demand functions represent four demand regions in the U.S. and Canada. By increasing production costs and reducing yields, a ban on methyl bromide decreases Florida's FOB revenues by 54% and increases those of Mexico by 65%. Price increases to U.S. fresh vegetable consumers range from near zero to over 10%, depending upon the commodity and location.

scholarly journals Economic Analysis of Grafted Tomato Production in Sandy Soils in Northern Florida

2013 ◽  
Vol 23 (5) ◽  
pp. 613-621 ◽  
Author(s):  
Desire Djidonou ◽  
Zhifeng Gao ◽  
Xin Zhao
Keyword(s):  
Management Practices ◽  
Production Systems ◽  
Tomato Fruit ◽  
The United States ◽  
Economic Feasibility ◽  
Production Costs ◽  
Fresh Market ◽  
Tomato Production ◽  
Wide Range ◽  
Grafted Transplants

In addition to controlling soilborne diseases, grafting with selected rootstocks has the potential to enhance growth and yields in tomato (Solanum lycopersicum) production. However, information is rather limited regarding its economic viability in different production systems in the United States. The objective of this study was to compare the costs and returns of grafted vs. nongrafted fresh-market tomato production under common management practices in fumigated fields in northern Florida. The field trials were conducted in Live Oak, FL, during Spring 2010 and 2011. ‘Florida 47’ tomato was grafted onto two interspecific hybrid tomato rootstocks: ‘Beaufort’ and ‘Multifort’. Grafted and nongrafted ‘Florida 47’ plants were grown on fumigated raised beds with polyethylene mulch and drip irrigation using recommended commercial production practices for nutrient and pest management. The estimated costs of grafted and nongrafted transplants were $0.67 and $0.15 per plant, respectively, resulting in an additional cost of $3020.16 per acre for using grafted transplants as compared with nongrafted plants. Grafting also led to higher costs of harvesting and marketing tomato fruit as a result of yield improvement (1890 to 2166 25-lb cartons per acre for grafted plant vs. 1457 to 1526 25-lb cartons per acre for nongrafted plant). Partial budget analyses showed that using grafted transplants increased tomato production costs by $4488.03–$5189.76 per acre depending on the rootstock and growing season. However, compared with nongrafted tomato, the net farm return of grafted tomato production was increased by $253.32–$2458.24 per acre based on the tomato shipping point prices. Sensitivity analysis further demonstrated that grafting would be more profitable as the costs of grafted transplants decreased and the market tomato prices increased. These results indicated that although grafting increased the total cost of production, the increase in marketable fruit yield generated significant gross returns to offset costs associated with the use of grafted tomato transplants. Nevertheless, further research is warranted to provide more production budget and net return data about the economic feasibility of grafted tomato production based on a wide range of commercial growing conditions in Florida.

HAMMERING YAMMER

10.28945/3583 ◽  
2016 ◽  
Vol 1 ◽  
pp. 1-22
Keyword(s):  
Work Environment ◽  
Instant Messaging ◽  
Annual Conference ◽  
Online Environment ◽  
Remote Employees ◽  
Phone Calls ◽  
Set Up ◽  
Enterprise Social Network ◽  
Southeastern Region ◽  
The U.S

Chris Milan, Managing Director of Southeastern Region at Tribridge, Inc., was drumming away at the annual “Connect” conference with the company band called “The Bridge.” He enjoyed seeing everyone dancing, laughing, and jamming out to the music and making new friends with coworkers. Tribridge had quickly grown over fifteen years to more than 600 employees with most deployed to customer sites around the U.S. and Canada. The annual conference was a cultural staple designed to re-connect the company with employees and employees with each other. But how much longer could they continue to rely on a once a year event to keep the company together on both social and cultural levels? Chris reflected on a recent executive team meeting where the leaders asked themselves, “How can we keep all of these people, from all over the globe, feeling connected with each other?” The leadership was familiar with and had been discussing ways to keep the company connected through the deployment of an Enterprise Social Network (ESN)--sort of a Facebook for employees. They had been told that an ESN would allow for local employees and remote employees to connect more efficiently to help create an overall cohesive work environment. In theory, it would be a much less expensive approach than flying everyone in to Tampa. And, it was supposed to create a continuous--not just once a year--flow of interactions through an online environment. Plus, wasn’t everyone already familiar with the tool? After all, nearly everyone was on Facebook. Why not set up an ESN and they could join that too? At the same time, the decision to proceed wasn’t easy. There were many factors Milan and the leadership had to consider. Email, Instant Messaging (IM), phone calls and SharePoint were Tribridge’s current forms of communication and connectivity. Would connecting through an ESN replace those platforms? Would it be “in addition to” them? Also, Tribridge was a “Microsoft shop” using Office 365. Office 365 included the ESN platform called Yammer. Would using Yammer be more efficient than email for communication? Would it be as effective as a party for connectivity? Could it share and propagate a culture with a distributed workforce? Since Yammer seemed to be the inevitable choice at Tribridge, maybe the real questions would revolve around how to implement another system in the already busy world that was Tribridge.

Prospects for the development of agrarian production systems in in the Right Bank Polesie of Ukraine

2018 ◽  
Vol 2 (95) ◽  
pp. 69-72
Author(s):  
Yu.A. Tarariko ◽  
L.V. Datsko ◽  
M.O. Datsko
Keyword(s):  
Agricultural Production ◽  
Production Systems ◽  
Economic Feasibility ◽  
Capital Investments ◽  
Resource Potential ◽  
Grain Processing ◽  
Processing And Storage ◽  
The Right ◽  
And Storage ◽  
Agricultural Production Systems

The aim of the work is to assess the existing and prospective models for the development of agricultural production in Central Polesie on the basis of economic feasibility and ecological balance. The evaluation of promising agricultural production systems was carried out with the help of simulation modeling of various infrastructure options at the levels of crop and multisectoral specialization of agroecosystems. The agro-resource potential of Central Polesie is better implemented in the rotation with lupine, corn and flax dolguntsem with well-developed infrastructure, including crop, livestock units, grain processing and storage systems, feed, finished products and waste processing in the bioenergetic station. The expected income for the formation of such an infrastructure is almost 8 thousand dollars. / with a payback period of capital investments of 2-3 years.

scholarly journals Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Ramhari Poudyal ◽  
Pavel Loskot ◽  
Ranjan Parajuli
Keyword(s):  
Net Present Value ◽  
Meteorological Data ◽  
Electric Energy ◽  
Simulation Software ◽  
Economic Feasibility ◽  
Performance Ratio ◽  
Energy Output ◽  
Solar Pv ◽  
Economic Returns ◽  
Pv System

AbstractThis study investigates the techno-economic feasibility of installing a 3-kilowatt-peak (kWp) photovoltaic (PV) system in Kathmandu, Nepal. The study also analyses the importance of scaling up the share of solar energy to contribute to the country's overall energy generation mix. The technical viability of the designed PV system is assessed using PVsyst and Meteonorm simulation software. The performance indicators adopted in our study are the electric energy output, performance ratio, and the economic returns including the levelised cost and the net present value of energy production. The key parameters used in simulations are site-specific meteorological data, solar irradiance, PV capacity factor, and the price of electricity. The achieved PV system efficiency and the performance ratio are 17% and 84%, respectively. The demand–supply gap has been estimated assuming the load profile of a typical household in Kathmandu under the enhanced use of electric appliances. Our results show that the 3-kWp PV system can generate 100% of electricity consumed by a typical residential household in Kathmandu. The calculated levelised cost of energy for the PV system considered is 0.06 $/kWh, and the corresponding rate of investment is 87%. The payback period is estimated to be 8.6 years. The installation of the designed solar PV system could save 10.33 tons of CO2 emission over its lifetime. Overall, the PV systems with 3 kWp capacity appear to be a viable solution to secure a sufficient amount of electricity for most households in Kathmandu city.

An Old Pest, a New Solution

2005 ◽  
Vol 34 (3) ◽  
pp. 181-187 ◽  
Author(s):  
Alan Cork ◽  
Malcolm J. Iles ◽  
Nazira Q. Kamal ◽  
J.C. Saha Choudhury ◽  
M. Mahbub Rahman ◽  
...  
Keyword(s):  
Crop Production ◽  
Production Systems ◽  
Insect Pests ◽  
Cropping System ◽  
Environmentally Benign ◽  
Mass Trapping ◽  
Economic Returns ◽  
Collaborative Project ◽  
Field School ◽  
High Yielding Varieties

Bangladesh is essentially self-sufficient in rice as a result of the successful adoption of new high-yielding varieties and irrigated summer production over traditional deep-water cultivation practices. The sustainability of the cropping system depends on farmers adopting integrated pest management (IPM) practices in preference to relying solely on insecticides for pest and disease control. Yet insecticide consumption in rice is increasing, in common with other crop-production systems in Bangladesh. It is probably only the poor economic returns from rice cultivation that prevent more widespread use of pesticides. Enlightened agrochemical companies such as Syngenta Bangladesh Limited have recognized that insecticide use in rice should be discouraged, and promote IPM options through their farmer field school (FFS) programme. This paper describes the results of a collaborative project to assist Syngenta to develop and incorporate mass trapping with sex pheromones into their FFS programme as an environmentally benign method of controlling the predominant insect pests of rice, stem borers.

On-farm Development of Potato Production from True Seed in Indonesia

1992 ◽  
Vol 28 (1) ◽  
pp. 31-39 ◽  
Author(s):  
N. Gunadi ◽  
M. J. Potts ◽  
R. Sinung-Basuki ◽  
Greta A. Watson
Keyword(s):  
Production Systems ◽  
Potato Production ◽  
Production Costs ◽  
Potato Seed ◽  
True Potato Seed ◽  
Yield Difference ◽  
Tuber Crop ◽  
On Farm ◽  
Comparable Quality ◽  
Better Than

SummaryThree seasons of on-farm experimentation to develop potato production from botanical or true potato seed (TPS) under cool fertile conditions in West Java, Indonesia, are described. Twenty-three farmers experimented with two production systems: use of transplants, and use of seedling tubers produced in nursery beds. There was little yield difference between the systems, but an apparent progeny × system × season interaction was observed. All progenies were more resistant to late blight than the present cultivars grown from tubers. Appropriate matching of progeny and system gave seed of comparable quality with, but total yields slightly less than, certified imported seed of cv. Granola. Ware quality was slightly better than that of cv. Granola. Production costs were markedly less than for a tuber crop, making TPS ideal for small, resource-poor farmers.

Carbon dioxide and water vapor fluxes of multi-purpose winter wheat production systems in the U.S. Southern Great Plains

2021 ◽  
Vol 310 ◽  
pp. 108631
Author(s):  
Pradeep Wagle ◽  
Prasanna H. Gowda ◽  
Brian K. Northup ◽  
James P.S. Neel ◽  
Patrick J. Starks ◽  
...  
Keyword(s):  
Carbon Dioxide ◽  
Water Vapor ◽  
Winter Wheat ◽  
Great Plains ◽  
Production Systems ◽  
Wheat Production ◽  
Southern Great Plains ◽  
The U.S

scholarly journals Techno-Economic Assessment of Solar-Driven Steam Gasification of Biomass for Large-Scale Hydrogen Production

Processes ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 462
Author(s):  
Houssame Boujjat ◽  
Sylvain Rodat ◽  
Stéphane Abanades
Keyword(s):  
Solar Energy ◽  
Large Scale ◽  
Biomass Gasification ◽  
Sensitivity Study ◽  
H2 Production ◽  
Steam Gasification ◽  
Economic Feasibility ◽  
Production Costs ◽  
Concentrated Solar Energy ◽  
Land Cost

Solar biomass gasification is an attractive pathway to promote biomass valorization while chemically storing intermittent solar energy into solar fuels. The economic feasibility of a solar gasification process at a large scale for centralized H2 production was assessed, based on the discounted cash-flow rate of return method to calculate the minimum H2 production cost. H2 production costs from solar-only, hybrid and conventional autothermal biomass gasification were evaluated under various economic scenarios. Considering a biomass reference cost of 0.1 €/kg, and a land cost of 12.9 €/m2, H2 minimum price was estimated at 2.99 €/kgH2 and 2.48 €/kgH2 for the allothermal and hybrid processes, respectively, against 2.25 €/kgH2 in the conventional process. A sensitivity study showed that a 50% reduction in the heliostats and solar tower costs, combined with a lower land cost of below 0.5 €/m2, allowed reaching an area of competitiveness where the three processes meet. Furthermore, an increase in the biomass feedstock cost by a factor of 2 to 3 significantly undermined the profitability of the autothermal process, in favor of solar hybrid and solar-only gasification. A comparative study involving other solar and non-solar processes led to conclude on the profitability of fossil-based processes. However, reduced CO2 emissions from the solar process and the application of carbon credits are definitely in favor of solar gasification economics, which could become more competitive. The massive deployment of concentrated solar energy across the world in the coming years can significantly reduce the cost of the solar materials and components (heliostats), and thus further alleviate the financial cost of solar gasification.

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