Oklahoma's green producers are not benefiting from a growing fresh market. In order to seize ... more Oklahoma's green producers are not benefiting from a growing fresh market. In order to seize the opportunities offered by the growing fresh market for leafy greens, investment in packing facilities have been evaluated. To make use of these facilities during summer months, the addition of a cowpea shelling enterprise is considered. A business plan for a new generation cooperative is estimated using an updated version of “The Packing Simulation Model” (PACKSIM) The business associates PACKSIM with @RISK®, to incorporate risks in the financial analysis.
Cooperative managers and board members were surveyed regarding their interest in value-added ente... more Cooperative managers and board members were surveyed regarding their interest in value-added enterprises, rationale for diversification, perceived riskiness, willingness to invest, impediments to diversification and attitudes toward alternative cooperative structures. Results indicated strong interest in valueadded activities and highlighted important differences in managers' and board members' perceptions of value-added enterprises.
The International Food and Agribusiness Management Review, Feb 1, 2006
The goal of this research was to determine success factors for New Generation Cooperatives (NGCs)... more The goal of this research was to determine success factors for New Generation Cooperatives (NGCs). A self-explicated approach was used to assess the importance of various factors grouped in broad categories using data collected from a mailout survey of NGC managers. Results suggest that factors in the "Planning and Development" and "Financing and Costs" categories are considered to be critically important by NGC managers, though differences in factor rankings exist between managers of enterprises involved in the processing of different commodities.
Innovation is critical to the survival of agricultural businesses in the U.S. yet few universitie... more Innovation is critical to the survival of agricultural businesses in the U.S. yet few universities have classes in their curricula that focus on innovation and innovation management. Innovation includes developing new processes and concepts and taking products based on those ideas to market. By its nature, innovation generally involves technical components, market assessment, business analysis, and implementation strategies that include
Research and Technology Center was conducted to analyze the impact of the firms the Center has as... more Research and Technology Center was conducted to analyze the impact of the firms the Center has assisted and the impact of services provided by the Center. The economic impact of the firms assisted was calculated using an IMPLAN model.
An economic impact study of the Oklahoma Food and Agricultural Products Research and Technology C... more An economic impact study of the Oklahoma Food and Agricultural Products Research and Technology Center was conducted to analyze the impact of the firms the Center has assisted and the impact of services provided by the Center. The economic impact of the firms assisted was calculated using an IMPLAN model.
Two surveys of New Generation Cooperative (NGC) managers were carried out to ascertain the factor... more Two surveys of New Generation Cooperative (NGC) managers were carried out to ascertain the factors most important to their success. Factors in the Planning and Development as well as the Financing and Cost categories were most important, and NGCs with more employees and more membersÂ’ equity are most successful.
The evolution of value-added centers at land-grant universities, along with the recent developmen... more The evolution of value-added centers at land-grant universities, along with the recent development of numerous Ag Innovation Centers, has been viewed as a sign of a shifting emphasis to value-added agriculture research and technical assistance efforts. The entities that fund these centers, be they state or federal government, have a vested interest in the economic impacts of these centers. However, evaluating the efforts of a public good is not always an easy task. An economic-impact study of the Oklahoma Food and Agricultural Products Center (FAPC) was conducted to assess the total economic impacts of the firms assisted by the FAPC on Oklahoma's economy. A telephone survey was used to collect the necessary data and IMPLAN was used to estimate direct, indirect, and induced economic impacts.
Oklahoma producers traditionally produce forages, small grains, and cattle. As national consumpti... more Oklahoma producers traditionally produce forages, small grains, and cattle. As national consumption of fruits and vegetables is on the rise 1 , some producers are selecting alternative enterprises that can help reduce long run income risk. With appropriate planning and market analysis, Oklahoma producers may evaluate their options of producing, promoting, and profiting from alternative enterprises such as onion farming.
Changes in the U.S. peanut program have resulted in drastically decreased planted acres and force... more Changes in the U.S. peanut program have resulted in drastically decreased planted acres and forced many peanut producers in the Southwest to consider alternative crops. This study examined the economic risk associated with producing peanuts and common alternatives to peanuts. Seedless watermelon is an alternative for risk preferring farmers whereas, irrigated peanut is the best choice for risk averse farmers.
Expenditure patterns were examined for food partitioned into food at home and away from home to t... more Expenditure patterns were examined for food partitioned into food at home and away from home to test the veracity of Engel's law. The analysis employed several functional forms and a Heckman two-step methodology to account for censored-response bias. Engel's law was verified in every case.
2008 Providence, Rhode Island, June 29 - July 2, 2008, 2008
The authors are solely responsible for the content of this technical presentation. The technical ... more The authors are solely responsible for the content of this technical presentation. The technical presentation does not necessarily reflect the official position of the American Society of Agricultural and Biological Engineers (ASABE), and its printing and distribution does not constitute an ...
The goal of this research was to determine success factors for New Generation Cooperatives (NGCs)... more The goal of this research was to determine success factors for New Generation Cooperatives (NGCs). A self-explicated approach was used to assess the importance of various factors grouped in broad categories using data collected from a mailout survey of NGC managers. Results suggest that factors in the "Planning and Development" and "Financing and Costs" categories are considered to be critically important by NGC managers, though differences in factor rankings exist between managers of enterprises involved in the processing of different commodities.
Oklahoma's green producers are not benefiting from a growing fresh market. In order to seize ... more Oklahoma's green producers are not benefiting from a growing fresh market. In order to seize the opportunities offered by the growing fresh market for leafy greens, investment in packing facilities have been evaluated. To make use of these facilities during summer months, the addition of a cowpea shelling enterprise is considered. A business plan for a new generation cooperative is estimated using an updated version of “The Packing Simulation Model” (PACKSIM) The business associates PACKSIM with @RISK®, to incorporate risks in the financial analysis.
Cooperative managers and board members were surveyed regarding their interest in value-added ente... more Cooperative managers and board members were surveyed regarding their interest in value-added enterprises, rationale for diversification, perceived riskiness, willingness to invest, impediments to diversification and attitudes toward alternative cooperative structures. Results indicated strong interest in valueadded activities and highlighted important differences in managers' and board members' perceptions of value-added enterprises.
The International Food and Agribusiness Management Review, Feb 1, 2006
The goal of this research was to determine success factors for New Generation Cooperatives (NGCs)... more The goal of this research was to determine success factors for New Generation Cooperatives (NGCs). A self-explicated approach was used to assess the importance of various factors grouped in broad categories using data collected from a mailout survey of NGC managers. Results suggest that factors in the "Planning and Development" and "Financing and Costs" categories are considered to be critically important by NGC managers, though differences in factor rankings exist between managers of enterprises involved in the processing of different commodities.
Innovation is critical to the survival of agricultural businesses in the U.S. yet few universitie... more Innovation is critical to the survival of agricultural businesses in the U.S. yet few universities have classes in their curricula that focus on innovation and innovation management. Innovation includes developing new processes and concepts and taking products based on those ideas to market. By its nature, innovation generally involves technical components, market assessment, business analysis, and implementation strategies that include
Research and Technology Center was conducted to analyze the impact of the firms the Center has as... more Research and Technology Center was conducted to analyze the impact of the firms the Center has assisted and the impact of services provided by the Center. The economic impact of the firms assisted was calculated using an IMPLAN model.
An economic impact study of the Oklahoma Food and Agricultural Products Research and Technology C... more An economic impact study of the Oklahoma Food and Agricultural Products Research and Technology Center was conducted to analyze the impact of the firms the Center has assisted and the impact of services provided by the Center. The economic impact of the firms assisted was calculated using an IMPLAN model.
Two surveys of New Generation Cooperative (NGC) managers were carried out to ascertain the factor... more Two surveys of New Generation Cooperative (NGC) managers were carried out to ascertain the factors most important to their success. Factors in the Planning and Development as well as the Financing and Cost categories were most important, and NGCs with more employees and more membersÂ’ equity are most successful.
The evolution of value-added centers at land-grant universities, along with the recent developmen... more The evolution of value-added centers at land-grant universities, along with the recent development of numerous Ag Innovation Centers, has been viewed as a sign of a shifting emphasis to value-added agriculture research and technical assistance efforts. The entities that fund these centers, be they state or federal government, have a vested interest in the economic impacts of these centers. However, evaluating the efforts of a public good is not always an easy task. An economic-impact study of the Oklahoma Food and Agricultural Products Center (FAPC) was conducted to assess the total economic impacts of the firms assisted by the FAPC on Oklahoma's economy. A telephone survey was used to collect the necessary data and IMPLAN was used to estimate direct, indirect, and induced economic impacts.
Oklahoma producers traditionally produce forages, small grains, and cattle. As national consumpti... more Oklahoma producers traditionally produce forages, small grains, and cattle. As national consumption of fruits and vegetables is on the rise 1 , some producers are selecting alternative enterprises that can help reduce long run income risk. With appropriate planning and market analysis, Oklahoma producers may evaluate their options of producing, promoting, and profiting from alternative enterprises such as onion farming.
Changes in the U.S. peanut program have resulted in drastically decreased planted acres and force... more Changes in the U.S. peanut program have resulted in drastically decreased planted acres and forced many peanut producers in the Southwest to consider alternative crops. This study examined the economic risk associated with producing peanuts and common alternatives to peanuts. Seedless watermelon is an alternative for risk preferring farmers whereas, irrigated peanut is the best choice for risk averse farmers.
Expenditure patterns were examined for food partitioned into food at home and away from home to t... more Expenditure patterns were examined for food partitioned into food at home and away from home to test the veracity of Engel's law. The analysis employed several functional forms and a Heckman two-step methodology to account for censored-response bias. Engel's law was verified in every case.
2008 Providence, Rhode Island, June 29 - July 2, 2008, 2008
The authors are solely responsible for the content of this technical presentation. The technical ... more The authors are solely responsible for the content of this technical presentation. The technical presentation does not necessarily reflect the official position of the American Society of Agricultural and Biological Engineers (ASABE), and its printing and distribution does not constitute an ...
The goal of this research was to determine success factors for New Generation Cooperatives (NGCs)... more The goal of this research was to determine success factors for New Generation Cooperatives (NGCs). A self-explicated approach was used to assess the importance of various factors grouped in broad categories using data collected from a mailout survey of NGC managers. Results suggest that factors in the "Planning and Development" and "Financing and Costs" categories are considered to be critically important by NGC managers, though differences in factor rankings exist between managers of enterprises involved in the processing of different commodities.
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