WorldWideScience

Sample records for net corn prices

  1. THE CORN-EGG PRICE TRANSMISSION MECHANISM

    OpenAIRE

    Babula, Ronald A.; Bessler, David A.

    1990-01-01

    A vector autoregression (VAR) model of corn, farm egg, and retail egg prices is estimated and shocked with a corn price increase. Impulse responses in egg prices, t-statistics for the impulse responses, and decompositions of forecast error variance are presented. Analyses of results provide insights on the corn/egg price transmission mechanism and on how corn price shocks pulsate through the egg-related economy.

  2. Market-oriented ethanol and corn-trade policies can reduce climate-induced US corn price volatility

    International Nuclear Information System (INIS)

    Verma, Monika; Diffenbaugh, Noah; Hertel, Thomas

    2014-01-01

    Agriculture is closely affected by climate. Over the past decade, biofuels have emerged as another important factor shaping the agricultural sector. We ask whether the presence of the US ethanol sector can play a role in moderating increases in US corn price variability, projected to occur in response to near-term global warming. Our findings suggest that the answer to this question depends heavily on the underlying forces shaping the ethanol industry. If mandate-driven, there is little doubt that the presence of the corn-ethanol sector will exacerbate price volatility. However, if market-driven, then the emergence of the corn-ethanol sector can be a double-edged sword for corn price volatility, possibly cushioning the impact of increased climate driven supply volatility, but also inheriting volatility from the newly integrated energy markets via crude oil price fluctuations. We find that empirically the former effect dominates, reducing price volatility by 27%. In contrast, mandates on ethanol production increase future price volatility by 54% in under future climate after 2020. We also consider the potential for liberalized international corn trade to cushion corn price volatility in the US. Our results suggest that allowing corn to move freely internationally serves to reduce the impact of near-term climate change on US corn price volatility by 8%. (letter)

  3. Market-oriented ethanol and corn-trade policies can reduce climate-induced US corn price volatility

    Science.gov (United States)

    Verma, Monika; Hertel, Thomas; Diffenbaugh, Noah

    2014-05-01

    Agriculture is closely affected by climate. Over the past decade, biofuels have emerged as another important factor shaping the agricultural sector. We ask whether the presence of the US ethanol sector can play a role in moderating increases in US corn price variability, projected to occur in response to near-term global warming. Our findings suggest that the answer to this question depends heavily on the underlying forces shaping the ethanol industry. If mandate-driven, there is little doubt that the presence of the corn-ethanol sector will exacerbate price volatility. However, if market-driven, then the emergence of the corn-ethanol sector can be a double-edged sword for corn price volatility, possibly cushioning the impact of increased climate driven supply volatility, but also inheriting volatility from the newly integrated energy markets via crude oil price fluctuations. We find that empirically the former effect dominates, reducing price volatility by 27%. In contrast, mandates on ethanol production increase future price volatility by 54% in under future climate after 2020. We also consider the potential for liberalized international corn trade to cushion corn price volatility in the US. Our results suggest that allowing corn to move freely internationally serves to reduce the impact of near-term climate change on US corn price volatility by 8%.

  4. ELASTICITY OF CORN PRICE TRANSMISION AND ITS IMPLICATION TO FARMERS

    Directory of Open Access Journals (Sweden)

    Ahmad Muslim

    2011-09-01

    Full Text Available Corn has important roles to Indonesian economy both for staple foods and for price transmission to other products. The high domestic demand for corn compared to its domestic production has made corn imports continue to grow. This research is aimed to know the elasticity of price transmission and its implication to corn’s farmers. The results of analysis show that corn price transmission is inelastic. The coefficient shows that corn market is oligopsony under the imperfect competition market. To help the corn farmers, the government has to provide fertilizer subsidy and farm credit with low interest rates, as well as impose import tariff on corn. Keywords: Corn, Elasticity of price transmission, oligopsony, imperfect competition marketJEL classification numbers: Q00, Q12, Q18

  5. CORN PRODUCERS´ RESPONSE TO THE 2001 NITROGEN FERTILIZER PRICE INCREASE

    OpenAIRE

    Daberkow, Stan G.; McBride, William D.

    2004-01-01

    During the past few years, nitrogen fertilizer prices and price volatility have increased. Producers of nitrogen-intensive crops, such as corn, who are faced with increased nitrogen prices or price volatility, can adopt either cost-reducing or price variability-reducing strategies. Using a behavioral model in the logit specification and data from a 2001 national survey of U.S. corn producers, we found that the probability of forward pricing nitrogen fertilizer and the probability of using nit...

  6. Exploring economically and environmentally viable northeastern US dairy farm strategies for coping with rising corn grain prices.

    Science.gov (United States)

    Ghebremichael, L T; Veith, T L; Cerosaletti, P E; Dewing, D E; Rotz, C A

    2009-08-01

    In 2008, corn grain prices rose $115/t of DM above the 2005 average. Such an increase creates tight marginal profits for small (profit losses by growing more corn silage and reducing corn grain purchases. This study applies the Integrated Farm Systems Model to 1 small and 1 medium-sized New York State dairy farm to predict 1) sediment and P loss impacts from expanding corn fields, 2) benefits of no-till or cover cropping on corn fields, and 3) alternatives to the economic challenge of the current farming system as the price ratio of milk to corn grain continues to decline. Based on the simulation results, expanding corn silage production by 3% of the cultivated farm area increased sediment and sediment-bound P losses by 41 and 18%, respectively. Implementing no-till controlled about 84% of the erosion and about 75% of the sediment-bound P that would have occurred from the conventionally tilled, expanded corn production scenario. Implementing a conventionally tilled cover crop with the conventionally tilled, expanded corn production scenario controlled both erosion and sediment-bound P, but to a lesser extent than no-till corn with no cover crop. However, annual farm net return using cover crops was slightly less than when using no-till. Increasing on-farm grass productivity while feeding cows a high-quality, high-forage diet and precise dietary P levels offered dual benefits: 1) improved farm profitability from reduced purchases of dietary protein and P supplements, and 2) decreased runoff P losses from reduced P-levels in applied manure. Moreover, alternatives such as growing additional small grains on marginal lands and increasing milk production levels demonstrated great potential in increasing farm profitability. Overall, it is crucial that conservation measures such as no-till and cover cropping be implemented on new or existing corn lands as these areas often pose the highest threat for P losses through runoff. Although alternatives that would likely provide

  7. Impact of US biofuel policy on US corn and gasoline price variability

    International Nuclear Information System (INIS)

    McPhail, Lihong Lu; Babcock, Bruce A.

    2012-01-01

    Despite a large number of studies that examine the influence of biofuels and biofuel policy on commodity prices, the impact of biofuel policy on commodity price variability is poorly understood. A good understanding of biofuel policy’s impact on price variability is important for mitigating food insecurity and assisting policy formation. We examine how U.S. ethanol policies such as the Renewable Fuel Standard (RFS) mandates and the blend wall affect the price variability of corn and gasoline. We first present an analytical and graphical framework to identify the effect and then use stochastic partial equilibrium simulation to measure the magnitude of the impacts. We show that RFS mandates and the blend wall both reduce the price elasticity of demand for corn and gasoline and therefore increase the price variability when supply shocks occur to the markets. This has important implications for policy actions with respect to maintaining or changing the current RFS mandates and/or blend wall in the US. -- Highlights: ► The RFS is found to lead to less elastic demand for corn and gasoline. ► Thus the RFS is also found to lead to more volatile corn and gasoline prices when supply shocks occur. ► The ethanol blend wall is found to lead to less elastic corn and gasoline demand. ► Thus the blend wall is also found to lead to more volatile corn and gasoline prices.

  8. 7 CFR 1221.16 - Net market price.

    Science.gov (United States)

    2010-01-01

    ... AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE SORGHUM PROMOTION, RESEARCH, AND INFORMATION ORDER Sorghum Promotion, Research, and Information Order Definitions § 1221.16 Net market price. Net market price means the sales price, or other value, per volumetric unit, received by a producer...

  9. 7 CFR 1220.115 - Net market price.

    Science.gov (United States)

    2010-01-01

    ... AGREEMENTS AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE SOYBEAN PROMOTION, RESEARCH, AND CONSUMER INFORMATION Soybean Promotion and Research Order Definitions § 1220.115 Net market price. The term net market price means— (a) except as provided in paragraph (b) of this section, the sales price, or...

  10. How does increased corn-ethanol production affect US natural gas prices?

    International Nuclear Information System (INIS)

    Whistance, Jarrett; Thompson, Wyatt

    2010-01-01

    In recent years, there has been a push to increase biofuel production in the United States. The biofuel of choice, so far, has been ethanol produced from corn. The effects of increased corn-ethanol production on the consumer prices of food and energy continue to be studied and debated. This study examines, in particular, the effects of increased corn-ethanol production on US natural gas prices. A structural model of the natural gas market is developed and estimated using two stage least squares. A baseline projection for the period 2007-2018 is determined, and two scenarios are simulated. In the first scenario, current biofuel policies including EISA mandates, tariffs, and tax credits are removed. In the second scenario, we hold ethanol production to the level required only for largely obligatory additive use. The results indicate that the increased level of corn-ethanol production occurring as a result of the current US biofuel policies may lead to natural gas prices that are as much as 0.25% higher, on average, than if no biofuel policies were in place. A similar comparison between the baseline and second scenario indicates natural gas prices could be as much as 0.5% higher, on average, for the same period.

  11. The effect of ethanol listing on corn prices: Evidence from spot and futures markets

    International Nuclear Information System (INIS)

    Demirer, Rıza; Kutan, Ali M.; Shen, Fanglin

    2012-01-01

    The use of corn for ethanol has been the topic of heated discussions in the media and among policy makers. As part of this debate, some observers have argued that the use of corn in the production of ethanol has had adverse effects on corn prices. This paper contributes to this reviving debate by examining the impact of the listing of ethanol futures in the Chicago Board of Trade on the spot and futures prices for corn. We find a significant listing effect, indicating that the listing of ethanol has had a positive contribution to both price and volatility in the corn market, especially in the spot and the shorter maturity futures contracts, and mostly through its interaction with trading volume in the corn market. We discuss the policy implications of the findings for investors and its relevance for the ongoing debate on US energy policy. We conclude with some suggestions for future research.

  12. In the Right Ballpark? Assessing the Accuracy of Net Price Calculators

    Science.gov (United States)

    Anthony, Aaron M.; Page, Lindsay C.; Seldin, Abigail

    2016-01-01

    Large differences often exist between a college's sticker price and net price after accounting for financial aid. Net price calculators (NPCs) were designed to help students more accurately estimate their actual costs to attend a given college. This study assesses the accuracy of information provided by net price calculators. Specifically, we…

  13. How does petroleum price and corn yield volatility affect ethanol markets with and without an ethanol use mandate?

    International Nuclear Information System (INIS)

    Thompson, Wyatt; Meyer, Seth; Westhoff, Pat

    2009-01-01

    The recent increase in ethanol use in the US strengthens and changes the nature of links between agricultural and energy markets. Here, we explore the interaction of market volatility and the scope for policy to affect this interaction, with a focus on how corn yields and petroleum prices affect ethanol prices. Mandates associated with new US energy legislation may intervene in these links in the medium-term future. We simulate stochastically a structural model that represents these markets, and that includes mandates, in order to assess how shocks to corn or oil markets can affect ethanol price and use. We estimate that the mandate makes ethanol producer prices more sensitive to corn yields and less sensitive to changes in petroleum prices overall. We note a discontinuity in these links that is caused by the mandate. Ethanol use can exceed the mandate if petroleum prices and corn yields are high enough, but the mandate limits downside adjustments in ethanol use to low petroleum prices or corn yields

  14. Effectiveness of the management of price risk methodologies for the corn market based on trading signals

    Directory of Open Access Journals (Sweden)

    W. Rossouw

    2013-03-01

    Full Text Available Corn production is scattered geographically over various continents, but most of it is grown in the United States. As such, the world price of corn futures contracts is largely dominated by North American corn prices as traded on the Chicago Board of Trade. In recent years, this market has been characterised by an increase in price volatility and magnitude of price movement as a result of decreasing stock levels. The development and implementation of an effective and successful derivative price risk management strategy based on the Chicago Board of Trade corn futures contract will therefore be of inestimable value to market stakeholders worldwide. The research focused on the efficient market hypothesis and the possibility of contesting this phenomenon through an application of a derivative price risk management methodology. The methodology is based on a combination of an analysis of market trends and technical oscillators with the objective of generating returns superior to that of a market benchmark. The study found that market participants are currently unable to exploit price movement in a manner which results in returns that contest the notion of efficient markets. The methodology proposed, however, does allow the user to consistently achieve returns superior to that of a predetermined market benchmark. The benchmark price for the purposes of this study was the average price offered by the market over the contract lifetime, and as such, the efficient market hypothesis was successfully contested

  15. Price smarter on the Net.

    Science.gov (United States)

    Baker, W; Marn, M; Zawada, C

    2001-02-01

    Companies generally have set prices on the Internet in two ways. Many start-ups have offered untenably low prices in a rush to capture first-mover advantage. Many incumbents have simply charged the same prices on-line as they do off-line. Either way, companies are missing a big opportunity. The fundamental value of the Internet lies not in lowering prices or making them consistent but in optimizing them. After all, if it's easy for customers to compare prices on the Internet, it's also easy for companies to track customers' behavior and adjust prices accordingly. The Net lets companies optimize prices in three ways. First, it lets them set and announce prices with greater precision. Different prices can be tested easily, and customers' responses can be collected instantly. Companies can set the most profitable prices, and they can tap into previously hidden customer demand. Second, because it's so easy to change prices on the Internet, companies can adjust prices in response to even small fluctuations in market conditions, customer demand, or competitors' behavior. Third, companies can use the clickstream data and purchase histories that it collects through the Internet to segment customers quickly. Then it can offer segment-specific prices or promotions immediately. By taking full advantage of the unique possibilities afforded by the Internet to set prices with precision, adapt to changing circumstances quickly, and segment customers accurately, companies can get their pricing right. It's one of the ultimate drivers of e-business success.

  16. Valuing ecosystem services. A shadow price for net primary production

    International Nuclear Information System (INIS)

    Richmond, Amy; Kaufmann, Robert K.; Myneni, Ranga B.

    2007-01-01

    We analyze the contribution of ecosystem services to GDP and use this contribution to calculate an empirical price for ecosystem services. Net primary production is used as a proxy for ecosystem services and, along with capital and labor, is used to estimate a Cobb Douglas production function from an international panel. A positive output elasticity for net primary production probably measures both marketed and nonmarketed contributions of ecosystems services. The production function is used to calculate the marginal product of net primary production, which is the shadow price for ecosystem services. The shadow price generally is greatest for developed nations, which have larger technical scalars and use less net primary production per unit output. The rate of technical substitution indicates that the quantity of capital needed to replace a unit of net primary production tends to increase with economic development, and this rate of replacement may ultimately constrain economic growth. (author)

  17. Estimating Drug Costs: How do Manufacturer Net Prices Compare with Other Common US Price References?

    Science.gov (United States)

    Mattingly, T Joseph; Levy, Joseph F; Slejko, Julia F; Onwudiwe, Nneka C; Perfetto, Eleanor M

    2018-05-12

    Drug costs are frequently estimated in economic analyses using wholesale acquisition cost (WAC), but what is the best approach to develop these estimates? Pharmaceutical manufacturers recently released transparency reports disclosing net price increases after accounting for rebates and other discounts. Our objective was to determine whether manufacturer net prices (MNPs) could approximate the discounted prices observed by the U.S. Department of Veterans Affairs (VA). We compared the annual, average price discounts voluntarily reported by three pharmaceutical manufacturers with the VA price for specific products from each company. The top 10 drugs by total sales reported from company tax filings for 2016 were included. The discount observed by the VA was determined from each drug's list price, reported as WAC, in 2016. Descriptive statistics were calculated for the VA discount observed and a weighted price index was calculated using the lowest price to the VA (Weighted VA Index), which was compared with the manufacturer index. The discounted price as a percentage of the WAC ranged from 9 to 74%. All three indexes estimated by the average discount to the VA were at or below the manufacturer indexes (42 vs. 50% for Eli Lilly, 56 vs. 65% for Johnson & Johnson, and 59 vs. 59% for Merck). Manufacturer-reported average net prices may provide a close approximation of the average discounted price granted to the VA, suggesting they may be a useful proxy for the true pharmacy benefits manager (PBM) or payer cost. However, individual discounts for products have wide variation, making a standard discount adjustment across multiple products less acceptable.

  18. FEWS NET Price Volatility Data 2002-2012

    Data.gov (United States)

    US Agency for International Development — This dataset from the Famine Early Warning System Network (FEWS NET) documents ten years, from 2002 to 2012, of cereal price fluctuations across twenty-five African...

  19. Do energy prices stimulate food price volatility? Examining volatility transmission between US oil, ethanol and corn markets

    NARCIS (Netherlands)

    Gardebroek, C.; Hernandez, M.A.

    2013-01-01

    This paper examines volatility transmission in oil, ethanol and corn prices in the United States between 1997 and 2011. We follow a multivariate GARCH approach to evaluate the level of interdependence and the dynamics of volatility across these markets. Preliminary results indicate a higher

  20. Do energy prices stimulate food price volatility? Examining volatility transmission between US oil, ethanol and corn markets

    NARCIS (Netherlands)

    Gardebroek, C.; Hernandez, M.A.

    2012-01-01

    This paper examines volatility transmission in oil, ethanol and corn prices in the United States between 1997 and 2011. We follow a multivariate GARCH approach to evaluate the level of interdependence and the dynamics of volatility across these markets. Preliminary results indicate a higher

  1. Do energy prices stimulate food price volatility? Examining volatility transmission between US oil, ethanol and corn markets

    NARCIS (Netherlands)

    Hernandez, M.A.; Gardebroek, C.

    2012-01-01

    This paper examines volatility transmission in oil, ethanol and corn prices in the United States between 1997 and 2011. We follow a multivariate GARCH approach to evaluate the level of interdependence and the dynamics of volatility across these markets. The estimation results indicate a higher

  2. Price and volatility transmissions between natural gas, fertilizer, and corn markets

    NARCIS (Netherlands)

    Etienne, Xiaoli Liao; Trujillo-Barrera, Andrés; Wiggins, Seth

    2016-01-01

    Purpose – The purpose of this paper is to investigate the price and volatility transmission between natural gas, fertilizer (ammonia), and corn markets, an issue that has been traditionally ignored in the literature despite its significant importance. Design/methodology/approach – The authors

  3. Stochastic Corn Yield Response Functions to Nitrogen for Corn after Corn, Corn after Cotton, and Corn after Soybeans

    OpenAIRE

    Boyer, Christopher N.; Larson, James A.; Roberts, Roland K.; McClure, Angela T.; Tyler, Donald D.; Zhou, Vivian

    2013-01-01

    Deterministic and stochastic yield response plateau functions were estimated to determine the expected profit-maximizing nitrogen rates, yields, and net returns for corn grown after corn, cotton, and soybeans. The stochastic response functions were more appropriate than their deterministic counterparts, and the linear response stochastic plateau described the data the best. The profit-maximizing nitrogen rates were similar for corn after corn, cotton, and soybeans, but relative to corn after ...

  4. Is College Affordable? Are Loans Manageable? What Do Colleges' Net Price Calculators Show? Policy Bulletin

    Science.gov (United States)

    Advisory Committee on Student Financial Assistance, 2012

    2012-01-01

    A review of net price calculators--a financial aid tool mandated by the "Higher Education Opportunity Act" of 2008--reveals that students from low-, moderate-, and middle-income families face record-level net prices at 4-year public colleges today. These net prices will translate into levels of average total loan burden far in excess of…

  5. Ethanol, Corn, and Soybean Price Relations in a Volatile Vehicle-Fuels Market

    Directory of Open Access Journals (Sweden)

    Cesar Escalante

    2009-06-01

    Full Text Available The rapid upward shift in ethanol demand has raised concerns about ethanol’s impact on the price level and volatility of agricultural commodities. The popular press attributes much of this volatility in commodity prices to a price bubble in ethanol fuel and recent deflation. Market economics predicts not only a softening of demand to high commodity prices but also a positive supply response. This volatility in ethanol and commodity prices are investigated using cointegration, vector error corrections (VECM, and multivariate generalized autoregressive conditional heteroskedascity (MGARCH models. In terms of derived demand theory, results support ethanol and oil demands as derived demands from vehicle-fuel production. Gasoline prices directly influence the prices of ethanol and oil. However, of greater significance for the fuel versus food security issue, results support the effect of agricultural commodity prices as market signals which restore commodity markets to their equilibriums after a demand or supply event (shock. Such shocks may in the short-run increase agricultural commodity prices, but decentralized freely operating markets will mitigate the persistence of these shocks. Results indicate in recent years there are no long-run relations among fuel (ethanol, oil and gasoline prices and agricultural commodity (corn and soybean prices.

  6. Integrating livestock manure with a corn-soybean bioenergy cropping system improves short-term carbon sequestration rates and net global warming potential

    International Nuclear Information System (INIS)

    Thelen, K.D.; Fronning, B.E.; Kravchenko, A.; Min, D.H.; Robertson, G.P.

    2010-01-01

    Carbon cycling and the global warming potential (GWP) of bioenergy cropping systems with complete biomass removal are of agronomic and environmental concern. Corn growers who plan to remove corn stover as a feedstock for the emerging cellulosic ethanol industry will benefit from carbon amendments such as manure and compost, to replace carbon removed with the corn stover. The objective of this research was to determine the effect of beef cattle feedlot manure and composted dairy manure on short-term carbon sequestration rates and net global warming potential (GWP) in a corn-soybean rotation with complete corn-stover removal. Field experiments consisting of a corn-soybean rotation with whole-plant corn harvest, were conducted near East Lansing, MI over a three-year period beginning in 2002. Compost and manure amendments raised soil carbon (C) at a level sufficient to overcome the C debt associated with manure production, manure collection and storage, land application, and post-application field emissions. The net GWP in carbon dioxide equivalents for the manure and compost amended cropping systems was -934 and -784 g m -2 y -1 , respectively, compared to 52 g m -2 y -1 for the non-manure amended synthetic fertilizer check. This work further substantiates the environmental benefits associated with renewable fuels and demonstrates that with proper management, the integration of livestock manures in biofuel cropping systems can enhance greenhouse gas (GHG) remediation.

  7. Advisory Service Marketing Profiles for Corn over 2002-2004

    OpenAIRE

    Colino, Evelyn V.; Cabrini, Silvina M.; Aulerich, Nicole M.; Brandenberger, Tracy L.; Merrin, Robert P.; Shi, Wei; Irwin, Scott H.; Good, Darrel L.; Martines-Filho, Joao Gomes

    2006-01-01

    This report presents marketing profiles and loan deficiency payment/marketing loan gain profiles for the advisory services followed by the AgMAS Project for the 2002, 2003 and 2004 corn crops. Marketing profiles are constructed by plotting the cumulative net amount priced under each program’s set of recommendations throughout the crop year. Loan deficiency payment/marketing loan gain (LDP/MLG) profiles are constructed by plotting the cumulative percentage of the crop on which the LDP/MLG was ...

  8. Integrating livestock manure with a corn-soybean bioenergy cropping system improves short-term carbon sequestration rates and net global warming potential

    Energy Technology Data Exchange (ETDEWEB)

    Thelen, K.D.; Fronning, B.E.; Kravchenko, A.; Min, D.H.; Robertson, G.P. [Michigan State University, East Lansing, MI 48824 (United States)

    2010-07-15

    Carbon cycling and the global warming potential (GWP) of bioenergy cropping systems with complete biomass removal are of agronomic and environmental concern. Corn growers who plan to remove corn stover as a feedstock for the emerging cellulosic ethanol industry will benefit from carbon amendments such as manure and compost, to replace carbon removed with the corn stover. The objective of this research was to determine the effect of beef cattle feedlot manure and composted dairy manure on short-term carbon sequestration rates and net global warming potential (GWP) in a corn-soybean rotation with complete corn-stover removal. Field experiments consisting of a corn-soybean rotation with whole-plant corn harvest, were conducted near East Lansing, MI over a three-year period beginning in 2002. Compost and manure amendments raised soil carbon (C) at a level sufficient to overcome the C debt associated with manure production, manure collection and storage, land application, and post-application field emissions. The net GWP in carbon dioxide equivalents for the manure and compost amended cropping systems was -934 and -784 g m{sup -2} y{sup -1}, respectively, compared to 52 g m{sup -2} y{sup -1} for the non-manure amended synthetic fertilizer check. This work further substantiates the environmental benefits associated with renewable fuels and demonstrates that with proper management, the integration of livestock manures in biofuel cropping systems can enhance greenhouse gas (GHG) remediation. (author)

  9. The overwhelming role of soil N2O emissions in net greenhouse gas balance of the U.S. Corn Belt: Modeling estimate of nitrogen fertilizer impacts

    Science.gov (United States)

    Lu, C.; Yu, Z.; Cao, P.; Tian, H.

    2017-12-01

    The Corn Belt of the Midwestern U.S. is one of the most productive systems in the world during the growing season, with gross primary production exceeding even that of the Amazon forests. Fueled by increased commodity prices in the late 2000s, the area in corn and soybean in the U.S. has reached record highs with most of the newly added cropland converted from grasslands, wetland, and Conservation Reserve Program land. Intensive management practices, such as fertilizer use, irrigation, tillage, residue removal etc., have been implemented following cropland expansion to maximize crop yield from converted marginal land or from more monoculture production. The Corn Belt has been recognized as one of the major contributors to carbon sinks in the U.S., partially because crop harvest and residue removal reduced soil respiration. In the meanwhile, 75% of the total N2O emission in the U.S. comes from agriculture, among which the Corn Belt is the major source due to nitrogen management, and has large potential of climate mitigation. However, it remains far from certain how intensive cropland expansion and management practices in this region have affected soil carbon accumulation and non-CO2 GHG emissions. In this study, by using a process-based land ecosystem model, Dynamic Land Ecosystem Model (DLEM), we investigated the impacts of nitrogen fertilizer use on soil carbon accumulation and direct N2O emissions across the U.S. Corn Belt. Surprisingly, we found N fertilizer-induced SOC storage continued shrinking after the 1980s while N2O emissions remains relatively constant. The N fertilizer use led to a net greenhouse gas release since 2000 in both the western and eastern Corn Belt, contributing to climate warming. This study implies an increasing importance of nitrogen management for both agricultural production and climate mitigation.

  10. Modeling the relationship between the oil price and global food prices

    International Nuclear Information System (INIS)

    Chen, Sheng-Tung; Kuo, Hsiao-I; Chen, Chi-Chung

    2010-01-01

    The growth of corn-based ethanol production and soybean-based bio-diesel production following the increase in the oil prices have significantly affect the world agricultural grain productions and its prices. The main purpose of this paper is to investigate the relationships between the crude oil price and the global grain prices for corn, soybean, and wheat. The empirical results show that the change in each grain price is significantly influenced by the changes in the crude oil price and other grain prices during the period extending from the 3rd week in 2005 to the 20th week in 2008 which implies that grain commodities are competing with the derived demand for bio-fuels by using soybean or corn to produce ethanol or bio-diesel during the period of higher crude oil prices in these recent years. The subsidy policies in relation to the bio-fuel industries in some nations engaging in bio-fuel production should be considered to avoid the consequences resulting from high oil prices. (author)

  11. Dynamic Relationships between Price and Net Asset Value for Asian Real Estate Stocks

    Directory of Open Access Journals (Sweden)

    Kim Hiang LIOW

    2018-03-01

    Full Text Available This paper examines short- and long-term behavior of the price-to net asset value ratio in six Asian public real estate markets. We find mean-reverting behavior of the ratio and spillover effects, where each of the examined public real estate markets correlates with other markets. Additionally, the unexpected shock correlating with the price-to-net asset value ratio in one market has a positive or negative correlation with the ratios of other markets. Our results offer fresh insights to portfolio managers, policymakers, and academic researchers into the regional and country market dynamics of public real estate valuation and cross-country interaction from the long-term and short-term perspectives.

  12. Does Integration Help Adapt to Climate Change? Case of Increased US Corn Yield Volatility

    Science.gov (United States)

    Verma, M.; Diffenbaugh, N. S.; Hertel, T. W.

    2012-12-01

    In absence of of new crop varieties or significant shifts in the geography of corn production, US national corn yields variation could double by the year 2040 as a result of climate change and without adaptation this could lead the variability in US corn prices to quadruple (Diffenbaugh et al. 2012). In addition to climate induced price changes, analysis of recent commodity price spikes suggests that interventionist trade policies are partly to blame. Assuming we cannot much influence the future climate outcome, what policies can we undertake to adapt better? Can we use markets to blunt this edge? Diffenbaugh et al. find that sale of corn- ethanol for use in liquid fuel, when governed by quotas such as US Renewable Fuel Standard (RFS), could make US corn prices even more variable; in contrast the same food-fuel market link (we refer to it as intersectoral link) may well dampen price volatility when the sale of corn to ethanol industry is driven by higher future oil prices. The latter however comes at the cost of exposing corn prices to the greater volatility in oil markets. Similarly intervention in corn trade can make US corn prices less or more volatile by distorting international corn price transmission. A negative US corn yield shock shows that domestic corn supply falls and domestic prices to go up irrespective of whether or not markets are integrated. How much the prices go up depends on how much demand adjusts to accommodate the supply shock. Based on the forgoing analysis, one should expect that demand would adjust more readily when markets are integrated and therefore reduce the resulting price fluctuation. Simulation results confirm this response of corn markets. In terms of relative comparisons however a policy driven intersectoral integration is least effective and prices rise much more. Similarly, a positive world oil price shock makes the US oil imports expensive and with oil being used to produce gasoline blends, it increases the price of gasoline

  13. Dynamic impacts of high oil prices on the bioethanol and feedstock markets

    International Nuclear Information System (INIS)

    Cha, Kyung Soo; Bae, Jeong Hwan

    2011-01-01

    This study investigates the impacts of high international oil prices on the bioethanol and corn markets in the US. Between 2007 and 2008, the prices of major grain crops had increased sharply, reflecting the rise in international oil prices. These dual price shocks had caused substantial harm to the global economy. Employing a structural vector auto-regression model (SVAR), we analyze how increases in international oil prices could impact the prices of and demand for corn, which is used as a major bioethanol feedstock in the US. The results indicate that an increase in the oil price would increase bioethanol demand for corn and corn prices in the short run and that corn prices would stabilize in the long run as corn exports and feedstock demand for corn decline. Consequently, policies supporting biofuels should encourage the use of bioethanol co-products for feed and the development of marginal land to mitigate increases in the feedstock price. - Research highlights: → World economy experienced 'dual shocks', which were caused by skyrocketed oil prices and grain prices between 2007 and 2008. → Sharp increases in ethanol production in response to high oil prices were considered as a major driving force to 'ag-flation' in the United States. → Applying a time series econometric tool, called the 'structural vector auto-regression model', we evaluated relationship between ethanol production and corn prices. → The result shows that ethanol production affects corn prices in the short run, while corn prices are lowered as other corn demands (feed for livestock or export demand) decline in the long run.

  14. THE PRICING PERFORMANCE OF MARKET ADVISORY SERVICES IN CORN AND SOYBEANS OVER 1995-2000

    OpenAIRE

    Good, Darrel L.; Martines-Filho, Joao Gomes; Irwin, Scott H.

    2002-01-01

    The purpose of this research report is to evaluate the pricing performance of market advisory services for the 1995-2000 corn and soybean crops. Certain explicit assumptions are made to produce a consistent and comparable set of results across the different advisory programs. These assumptions are intended to accurately depict "real-world" marketing conditions. Several key assumptions are: i) with a few exceptions, the marketing window for a crop year runs from September before harvest throug...

  15. Energy prices and agricultural commodity prices: Testing correlation using copulas method

    International Nuclear Information System (INIS)

    Koirala, Krishna H.; Mishra, Ashok K.; D'Antoni, Jeremy M.; Mehlhorn, Joey E.

    2015-01-01

    The linear relationships between energy prices and prices for agricultural commodities such as corn and soybeans may have been affected, over the last several years, by policy legislations in the farm sector, the Energy Independence and Security Act of 2007, and the Renewable Fuel Standard Program for 2014. Using high-frequency data and newer methodology, this study investigates dependence between agricultural commodity futures prices and energy futures prices. Results reveal that agricultural commodity and energy future prices are highly correlated and exhibit positive and significant relationship. Findings from this study highlight that an increase in energy price increases the price of agricultural commodities. - Highlights: • Energy policy mandates production of 15 billion gallons of corn ethanol by 2015. • Energy-intensive agriculture has a link between energy sector and crop production costs. • We investigate correlation between energy prices and agricultural commodity prices. • Agricultural commodity and energy future prices are highly correlated. • Increase in energy price increases the price of agricultural commodity

  16. The U2U Corn Growing Degree Day tool: Tracking corn growth across the US Corn Belt

    Directory of Open Access Journals (Sweden)

    James R. Angel

    2017-01-01

    Full Text Available The Corn Growing Degree Day (Corn GDD tool is a web-based product that can provide decision support on a variety of issues throughout the entire growing season by integrating current conditions, historical climate data, and projections of Corn GDD through the end of the growing season based on both National Weather Service computer model forecasts and climatology. The Corn GDD tool can help agricultural producers make a variety of important decisions before and during the growing season. This support can include: assessing the risk of early and late frosts and freezes that can cause crop damage; comparing corn hybrid maturity requirements and Corn GDD projections to select seed varieties and plan activities such as spraying; guiding marketing decisions based on historical and projected Corn GDDs when considering forward crop pricing (i.e., futures market. The Corn GDD tool provides decision support for corn producers in the central U.S. corn-producing states. Survey results, web statistics, and user feedback indicate that this tool is being actively used by decision makers.

  17. Response of corn markets to climate volatility under alternative energy futures.

    Science.gov (United States)

    Diffenbaugh, Noah S; Hertel, Thomas W; Scherer, Martin; Verma, Monika

    2012-07-01

    Recent price spikes(1,2) have raised concern that climate change could increase food insecurity by reducing grain yields in the coming decades(3,4). However, commodity price volatility is also influenced by other factors(5,6), which may either exacerbate or buffer the effects of climate change. Here we show that US corn price volatility exhibits higher sensitivity to near-term climate change than to energy policy influences or agriculture-energy market integration, and that the presence of a biofuels mandate enhances the sensitivity to climate change by more than 50%. The climate change impact is driven primarily by intensification of severe hot conditions in the primary corn-growing region of the US, which causes US corn price volatility to increase sharply in response to global warming projected over the next three decades. Closer integration of agriculture and energy markets moderates the effects of climate change, unless the biofuels mandate becomes binding, in which case corn price volatility is instead exacerbated. However, in spite of the substantial impact on US corn price volatility, we find relatively small impact on food prices. Our findings highlight the critical importance of interactions between energy policies, energy-agriculture linkages, and climate change.

  18. Efficiency in Midwest US corn ethanol plants: A plant survey

    International Nuclear Information System (INIS)

    Perrin, Richard K.; Fretes, Nickolas F.; Sesmero, Juan Pablo

    2009-01-01

    Continuation of policy support for the US corn ethanol industry is being debated due to doubts about the greenhouse gas effects of the industry and the effects of the industry on food prices. Yet there is no publicly available data on the economic and technical performance of the current generation of plants, which constitute the overwhelming majority of the industry. This study helps to fill that gap. Seven recently constructed ethanol plants in seven Midwest US states provided details on input requirements and operating costs during 2006 and 2007. Results show that technical performance is substantially better than current estimates available in the literature. Average net operating returns exceeded capital costs during the survey period, but price changes by mid-2008 reduced these margins to near zero. While the economic performance of the industry is currently viable, this study demonstrates that it can be threatened by current price trends, and certainly would be in the absence of current subsidies

  19. Out-of-Pocket Net Price for College. Data Point. NCES 2014-902

    Science.gov (United States)

    Horn, Laura; Paslov, Jonathan

    2014-01-01

    This Data Point uses data from four administrations of the National Postsecondary Student Aid Study (NPSAS:2000, NPSAS:04, NPSAS:08, and NPSAS:12) to briefly present trends in out-of-pocket net price for college, the amount that students and their families must pay to attend college after subtracting grants, loans, work-study, and all other…

  20. Aim High or Go Low? Pricing Strategies and Enrollment Effects when the Net Price Elasticity Varies with Need and Ability

    Science.gov (United States)

    Curs, Bradley R.; Singell, Larry D., Jr.

    2010-01-01

    Detailed data on individual applicants to a large public university are used to demonstrate that net price responsiveness decreases with need and ability. Enrollment effects are simulated and show a movement towards a high tuition/high aid (low tuition/low aid) policy significantly lowers (raises) tuition revenue with a modest increase (decrease)…

  1. Evaluation of Net Primary Productivity and Carbon Allocation to Different Parts of Corn in Different Tillage and Nutrient Management Systems

    Directory of Open Access Journals (Sweden)

    esmat mohammadi

    2017-09-01

    Full Text Available Evaluation of net primary productivity and carbon allocation to different organs of corn under nutrient management and tillage systems Introduction Agriculture operations produce 10 to 20 percent of greenhouse gases. As a result of conventional operations of agriculture, greenhouse gases have been increased (Osborne et al., 2010. Therefor it is necessary to notice to carbon sequestration to reduce greenhouse gases emissions. In photosynthesis process, plants absorb CO2 and large amounts of organic carbon accumulate in their organs. Biochar is produced of pyrolysis of organic compounds. Biochar is an appropriate compound for improved of soil properties and carbon sequestration (Whitman and Lehmann, 2009; Smith et al., 2010. Conservation tillage has become an important technology in sustainable agriculture due to its benefits. So the aim of this study was to evaluate the effect of nutrient management and tillage systems on net primary production and carbon allocation to different organs of corn in Shahrood. Material and methods This study was conducted at the Shahrood University of Technology research farm. Experiment was done as split plot in randomized complete block design with three replications. Tillage systems with two levels (conventional tillage and minimum tillage were as the main factor and nutrient management in seven levels including (control, chemical fertilizer, manure, biochar, chemical fertilizer + manure, chemical fertilizer + biochar, manure + biochar were considered as sub plot. At the time of maturity of corn, was sampled from its aboveground and belowground biomasses. Carbon content of shoot, seed and root was considered almost 45 percent of yield of each of these biomasses and carbon in root exudates almost 65 percent of carbon in the root. Statistical analysis of the data was performed using SAS program. Comparison of means was conducted with LSD test at the 5% level. Results and discussion Effect of nutrient management was

  2. Volatility spillover and time-varying conditional correlation between DDGS, corn, and soybean meal markets

    NARCIS (Netherlands)

    Etienne, Xiaoli L.; Trujillo-Barrera, Andrés; Hoffman, Linwood A.

    2017-01-01

    We find distiller's dried grains with solubles (DDGS) prices to be positively correlated with both corn and soybean meal prices in the long run. However, neither corn nor soybean meal prices respond to deviations from this long-run relationship. We also identify strong time-varying dynamic

  3. A Comparative Assessment of the Broiler:Corn Ratio and Its Impact on Broiler Processors' Profitability

    OpenAIRE

    Hamm, Sandra J.; Goodwin, Harold L., Jr.; McKenzie, Andrew M.

    2008-01-01

    Input prices for broiler production, particularly corn, are becoming increasingly volatile due to increasing competition for corn from ethanol and biofuels production suggesting volatility in poultry profits will follow indicator of profits relating feed input prices and broiler meat output prices, such as a Broiler:corn ratios. Total chicken exports, total chicken ready-to-cook production, number of eggs set, number of chicks placed, and cold storage chicken inventory are used to estimate. U...

  4. CO2 emissions from the production and combustion of fuel ethanol from corn

    International Nuclear Information System (INIS)

    Marland, G.; Turhollow, A.F.

    1991-01-01

    This paper deals with the carbon dioxide fluxes associated with the use of one biomass fuel, ethanol derived from corn. In a sustainable agricultural system, there is no net CO 2 flux to the atmosphere from the corn itself but there is a net CO 2 flux due to the fossil-fuel supplements currently used to produce and process corn. A comparison between ethanol from corn and gasoline from crude oil becomes very complex because of the variability of corn yield, the lack of available data on corn processing, and the complexity of treating the multiple products from corn processing. When the comparison is made on an energy content basis only, with no consideration of how the products are to be used, and at the margin of the current U.S. energy system, it appears that there is a net CO 2 saving associated with ethanol from corn. This net saving in CO 2 emissions may be as large as 40% or as small as 20%, depending on how one chooses to evaluate the by-product credits. This analysis also demonstrates that the frequently posed question, whether the energy inputs to ethanol exceed the energy outputs, would not be an over-riding consideration even if it were true, because most of the inputs are as coal and natural gas, whereas the output is as a high-quality liquid fuel. (author)

  5. Economic feasibility of no-tillage and manure for soil carbon sequestration in corn production in northeastern Kansas.

    Science.gov (United States)

    Pendell, Dustin L; Williams, Jeffery R; Rice, Charles W; Nelson, Richard G; Boyles, Scott B

    2006-01-01

    This study examined the economic potential of no-tillage versus conventional tillage to sequester soil carbon by using two rates of commercial N fertilizer or beef cattle manure for continuous corn (Zea mays L.) production. Yields, input rates, field operations, and prices from an experiment were used to simulate a distribution of net returns for eight production systems. Carbon release values from direct, embodied, and feedstock energies were estimated for each system, and were used with soil carbon sequestration rates from soil tests to determine the amount of net carbon sequestered by each system. The values of carbon credits that provide an incentive for managers to adopt production systems that sequester carbon at greater rates were derived. No-till systems had greater annual soil carbon gains, net carbon gains, and net returns than conventional tillage systems. Systems that used beef cattle manure had greater soil carbon gains and net carbon gains, but lower net returns, than systems that used commercial N fertilizer. Carbon credits would be needed to encourage the use of manure-fertilized cropping systems.

  6. World oil and agricultural commodity prices: Evidence from nonlinear causality

    International Nuclear Information System (INIS)

    Nazlioglu, Saban

    2011-01-01

    The increasing co-movements between the world oil and agricultural commodity prices have renewed interest in determining price transmission from oil prices to those of agricultural commodities. This study extends the literature on the oil-agricultural commodity prices nexus, which particularly concentrates on nonlinear causal relationships between the world oil and three key agricultural commodity prices (corn, soybeans, and wheat). To this end, the linear causality approach of Toda-Yamamoto and the nonparametric causality method of Diks-Panchenko are applied to the weekly data spanning from 1994 to 2010. The linear causality analysis indicates that the oil prices and the agricultural commodity prices do not influence each other, which supports evidence on the neutrality hypothesis. In contrast, the nonlinear causality analysis shows that: (i) there are nonlinear feedbacks between the oil and the agricultural prices, and (ii) there is a persistent unidirectional nonlinear causality running from the oil prices to the corn and to the soybeans prices. The findings from the nonlinear causality analysis therefore provide clues for better understanding the recent dynamics of the agricultural commodity prices and some policy implications for policy makers, farmers, and global investors. This study also suggests the directions for future studies. - Research highlights: → This study determines the price transmission mechanisms between the world oil and three key agricultural commodity prices (corn, soybeans, and wheat). → The linear and nonlinear cointegration and causality methods are carried out. → The linear causality analysis supports evidence on the neutrality hypothesis. → The nonlinear causality analysis shows that there is a persistent unidirectional causality from the oil prices to the corn and to the soybeans prices.

  7. Using a spark-spread valuation to investigate the impact of corn-gasoline correlation on ethanol plant valuation

    International Nuclear Information System (INIS)

    Kirby, Natasha; Davison, Matt

    2010-01-01

    Corn ethanol plants have been criticized for a number of reasons in recent years. This paper provides another ground for criticizing these plants. Historical corn and gasoline prices are uncorrelated, but widespread adoption of corn ethanol production might reasonably lead to future correlation between these prices. We present a real options - like valuation of an ethanol plant as a spark spread between the corn price and the gasoline price. This analysis shows that the value of an ethanol plant monotonically decreases with increasing correlation and the optimal production schedule greatly depends on the correlation. Even relatively small new correlations can result in a significant proportional value decrease; a 50% correlation between corn and gasoline causes ethanol plants to lose 10% of their value. The limiting case of full correlation would lead to a 30% value loss. (author)

  8. 77 FR 27658 - Common Crop Insurance Regulations; Processing Sweet Corn Crop Insurance Provisions

    Science.gov (United States)

    2012-05-11

    ... farming operation. For instance, all producers are required to submit an application and acreage report to... price data from third party sources (e.g., Agricultural Marketing Service) for sweet corn grown under..., it was found that the base contract price more accurately reflects the value of processing sweet corn...

  9. The Bottom Line: Ensuring That Students and Parents Understand the Net Price of College. A Report to the U.S. Congress and Secretary of Education

    Science.gov (United States)

    Advisory Committee on Student Financial Assistance, 2011

    2011-01-01

    In making decisions about college, it is essential that students and parents focus on net price, which is the dollar amount that must be paid after subtracting financial assistance from cost of attendance. A net price calculator is one of two financial aid tools designed to provide students and parents with accurate and timely information about…

  10. Influence of corn oil recovery on life-cycle greenhouse gas emissions of corn ethanol and corn oil biodiesel.

    Science.gov (United States)

    Wang, Zhichao; Dunn, Jennifer B; Han, Jeongwoo; Wang, Michael Q

    2015-01-01

    Corn oil recovery and conversion to biodiesel has been widely adopted at corn ethanol plants recently. The US EPA has projected 2.6 billion liters of biodiesel will be produced from corn oil in 2022. Corn oil biodiesel may qualify for federal renewable identification number (RIN) credits under the Renewable Fuel Standard, as well as for low greenhouse gas (GHG) emission intensity credits under California's Low Carbon Fuel Standard. Because multiple products [ethanol, biodiesel, and distiller's grain with solubles (DGS)] are produced from one feedstock (corn), however, a careful co-product treatment approach is required to accurately estimate GHG intensities of both ethanol and corn oil biodiesel and to avoid double counting of benefits associated with corn oil biodiesel production. This study develops four co-product treatment methods: (1) displacement, (2) marginal, (3) hybrid allocation, and (4) process-level energy allocation. Life-cycle GHG emissions for corn oil biodiesel were more sensitive to the choice of co-product allocation method because significantly less corn oil biodiesel is produced than corn ethanol at a dry mill. Corn ethanol life-cycle GHG emissions with the displacement, marginal, and hybrid allocation approaches are similar (61, 62, and 59 g CO2e/MJ, respectively). Although corn ethanol and DGS share upstream farming and conversion burdens in both the hybrid and process-level energy allocation methods, DGS bears a higher burden in the latter because it has lower energy content per selling price as compared to corn ethanol. As a result, with the process-level allocation approach, ethanol's life-cycle GHG emissions are lower at 46 g CO2e/MJ. Corn oil biodiesel life-cycle GHG emissions from the marginal, hybrid allocation, and process-level energy allocation methods were 14, 59, and 45 g CO2e/MJ, respectively. Sensitivity analyses were conducted to investigate the influence corn oil yield, soy biodiesel, and defatted DGS displacement credits

  11. Economic, environmental and social assessment of briquette fuel from agricultural residues in China – A study on flat die briquetting using corn stalk

    International Nuclear Information System (INIS)

    Hu, Jianjun; Lei, Tingzhou; Wang, Zhiwei; Yan, Xiaoyu; Shi, Xinguang; Li, Zaifeng; He, Xiaofeng; Zhang, Quanguo

    2014-01-01

    Biomass can be relatively easily stored and transported compared with other types of renewable energy sources. Crop straw can be converted into densified solid biofuel via briquette fuel technology to expand its possible applications and enhance its utilisation efficiency. However, the potential economic, environmental and social impacts of crop straw briquette fuel need to be assessed before its large-scale use. This paper provides a comprehensive evaluation of these impacts for a fully-operating 2 × 10 4 t/a corn stalk briquette fuel plant in China. The results show that with a life time of 15 years, a purchase price of 150 RMB/t for corn stalk and the current sales price of 400 RMB/t for briquette fuel, the plant has a net present value of 9.6 million RMB or 1.5 million USD, an internal rate of return of 36% and a short investment payback period of 4.4 years. The life cycle greenhouse gas emissions are found to be 323 t CO 2 ,e/year or 1 kg CO 2 ,e/GJ, much lower than that of coal. Additionally, the process reduces pollution by decreasing the amount of corn stalk that is discarded or burnt directly in the field. In terms of social impacts, the use of corn stalk briquetting fuel plant is expected to play an important role in increasing local residents' income, improving rural ecological environments, alleviating energy shortages, guaranteeing energy security, and promoting socialism new rural reconstruction. - Highlights: • A fully-operating 2 × 10 4 t/a corn stalk briquette fuel plant in China is analysed. • The plant has net present value of $1.5 million and payback period of 4.4 years. • Life cycle GHG emissions are 323 t CO 2 ,e/year or 1 kg CO 2 ,e/GJ, much lower than coal. • The plant will also have significant social benefits

  12. The Wandering of Corn

    OpenAIRE

    Salov, Valerii

    2017-01-01

    Time and Sales of corn futures traded electronically on the CME Group Globex are studied. Theories of continuous prices turn upside down reality of intra-day trading. Prices and their increments are discrete and obey lattice probability distributions. A function for systematic evolution of futures trading volume is proposed. Dependence between sample skewness and kurtosis of waiting times does not support hypothesis of Weibull distribution. Kumaraswamy distribution is more suitable for waitin...

  13. Volatility spillovers in China’s crude oil, corn and fuel ethanol markets

    International Nuclear Information System (INIS)

    Haixia, Wu; Shiping, Li

    2013-01-01

    Price volatility spillovers among China’s crude oil, corn and fuel ethanol markets are analyzed based on weekly price data from September 5, 2003 to August 31, 2012, employing the univariate EGARCH model and the BEKK-MVGARCH model, respectively. The empirical results indicate a higher interaction among crude oil, corn and fuel ethanol markets after September, 2008. In the overall sample period, the results simultaneously provide strong evidence that there exist unidirectional spillover effects from the crude oil market to the corn and fuel ethanol markets, and double-directional spillovers between the corn market and the fuel ethanol market. However, the spillover effects from the corn and fuel ethanol markets to the crude oil market are not significant. -- Highlights: •Employing univariate EGARCH model and BEKK-MVGARCH model, respectively. Unidirectional spillover effects from crude oil market to corn and fuel ethanol markets. •Double-directional spillovers between corn market and fuel ethanol market. •The spillover effects from corn and fuel ethanol markets to crude oil market are not significant. •The empirical results indicate a higher interaction among crude oil, corn and fuel ethanol markets after September, 2008

  14. Protein determination in single corns

    International Nuclear Information System (INIS)

    Knorr, J.; Schiekel, M.; Franke, W.; Focke, F.

    1994-01-01

    Determination of protein content in food materials is usually done by analyzing the nitrogen amount by wet chemical Kjeldahl method. An improved accuracy accompanied by smaller analyzing intervals can be achieved using nondestructive neutron activation. Analyses have been performed using 14 MeV neutrons to determine the content of N and P in single wheat corns. Irradiation parameters have been optimized to prevent serious radiation damage in grains. About 200 single corns have been investigated with total net weights ranging from 30 to 70 mg. The tested arrangement allows determination of nitrogen amount in a single corn down to 0.3 mg with an accuracy of better than 4 %. Mean nitrogen concentrations in the range from 9 to 19% per corn have been detected. (author) 5 refs.; 6 figs

  15. Is College Pricing Power Pro-Cyclical?

    Science.gov (United States)

    Altringer, Levi; Summers, Jeffrey

    2015-01-01

    We define pricing power as a college's ability to increase its net tuition revenue by raising its sticker-price for tuition. The greater is the positive effect of sticker-price increases on net tuition revenue, the greater is the pricing power. We gauge variation in the pricing power of private, non-profit baccalaureate colleges by estimating this…

  16. Do food and oil prices co-move?

    International Nuclear Information System (INIS)

    Reboredo, Juan C.

    2012-01-01

    This paper studies co-movements between world oil prices and global prices for corn, soybean and wheat using copulas. Several copula models with different conditional dependence structures and time-varying dependence parameters were considered. Empirical results for weekly data from January 1998 to April 2011 showed weak oil-food dependence and no extreme market dependence between oil and food prices. These results support the neutrality of agricultural commodity markets to the effects of changes in oil prices and non-contagion between the crude oil and agricultural markets. However, dependence increased significantly in the last three years of the sampling period, even though upper tail dependence remained insignificant, indicating that food price spikes are not caused by positive extreme oil price changes. These results have implications for policy design, risk management and hedging strategies. - Highlights: ► We study co-movement between food and oil markets through copulas. ► Food prices are neutral to the effects of changes in oil prices. ► Oil price spikes had no causal effect on agricultural price spikes. ► Oil–corn and oil–soybean dependence increased in recent years. ► Food subsidy policies and price controls are unnecessary to avoid extreme oil prices.

  17. Accounting for alfalfa N credits increases returns to corn production

    Science.gov (United States)

    Guidelines are relatively consistent across the Upper Midwest regarding the N benefit of alfalfa to the following grain crops. With higher corn yields and prices, however, some growers have questioned these guidelines and whether more N fertilizer is needed for first-year corn following a good stand...

  18. Competitiveness of Brazilian sugarcane ethanol compared to US corn ethanol

    International Nuclear Information System (INIS)

    Crago, Christine L.; Khanna, Madhu; Barton, Jason; Giuliani, Eduardo; Amaral, Weber

    2010-01-01

    Corn ethanol produced in the US and sugarcane ethanol produced in Brazil are the world's leading sources of biofuel. Current US biofuel policies create both incentives and constraints for the import of ethanol from Brazil and together with the cost competitiveness and greenhouse gas intensity of sugarcane ethanol compared to corn ethanol will determine the extent of these imports. This study analyzes the supply-side determinants of cost competitiveness and compares the greenhouse gas intensity of corn ethanol and sugarcane ethanol delivered to US ports. We find that while the cost of sugarcane ethanol production in Brazil is lower than that of corn ethanol in the US, the inclusion of transportation costs for the former and co-product credits for the latter changes their relative competitiveness. We also find that the relative cost of ethanol in the US and Brazil is highly sensitive to the prevailing exchange rate and prices of feedstocks. At an exchange rate of US1=R2.15 the cost of corn ethanol is 15% lower than the delivered cost of sugarcane ethanol at a US port. Sugarcane ethanol has lower GHG emissions than corn ethanol but a price of over $113 per ton of CO 2 is needed to affect competitiveness. (author)

  19. The Net Energy Values of Corn, Dried Distillers Grains with Solubles and Wheat Bran for Laying Hens Using Indirect Calorimetry Method

    Directory of Open Access Journals (Sweden)

    D. Ning

    2014-02-01

    Full Text Available The present study was conducted to estimate the NE values of corn, dried distillers grains with solubles (DDGS and wheat bran (WB for laying hens based on an indirect calorimetry method and nitrogen balance measurements. A total of 576 twenty-eight-wk-old Dwarf Pink-shell laying hens were randomly assigned to four groups fed a basal diet (BD or a combination of BD with 50% corn or 20% DDGS or 20% WB, with four replicates each. After a 7-d adaptation period, each replicate with 36 hens were kept in one of the two respiration chambers to measure the heat production (HP for 6 days during the feeding period and subsequent 3-d fasting. The equilibrium fasting HP (FHP provided an estimate of NE requirements for maintenance (NEm. The NE values of test feedstuffs was estimated using the difference method. Results showed that the heat increment that contributed 35.34 to 37.85% of ME intake was not influenced by experimental diets (p>0.05 when expressed as Mcal/kg of DM feed intake. Lighting increased the HP in hens in an fed-state. The FHP decreased over time (p0.05. The estimated AME, AMEn, and NE values were 3.46, 3.44 and 2.25 Mcal/kg DM for corn, 3.11, 2.79, and 1.80 Mcal/kg DM for DDGS, 2.14, 2.10, and 1.14 Mcal/kg DM for WB, respectively. The net availability of AME of corn tended to be numerically higher than DDGS and WB (p = 0.096. In conclusion, compared with corn, the energy values of DDGS and WB were overestimated when expressed on an AME basis.

  20. Explaining the reductions in US corn ethanol processing costs: Testing competing hypotheses

    International Nuclear Information System (INIS)

    Chen Xiaoguang; Khanna, Madhu

    2012-01-01

    The processing costs of US corn ethanol have declined by 45% since 1983 as production volumes have increased seventeen-fold. We investigate the role of various factors that could explain this, including economies of scale, cumulative experience, induced innovation in response to rising input prices, an autonomous technological change, and trade induced competition from imported ethanol. Using data on dry-mill ethanol processing costs over the 1983–2005 period, we find evidence to show that US corn ethanol production exhibited decreasing returns to scale, that learning by doing played an important role in reducing these processing costs with a learning rate of 0.25, and that sugarcane ethanol imports contributed to making the corn ethanol industry more competitive. Other factors such as the rising prices of energy and labor did induce lower processing costs, but the effect is not statistically significant. The inclusion of these competing explanations for the reduction in processing costs of US corn ethanol lead to a significantly higher learning rate than otherwise, and this learning rate is found to be robust across specifications. - Highlights: ► We investigate the role of various factors that could explain the reduction in US corn ethanol processing costs over the period 1983–2005. ► We find that US corn ethanol production exhibited decreasing returns to scale. ► Learning by doing played an important role in reducing these costs with a learning rate of 0.25. ► Sugarcane ethanol imports contributed to making the corn ethanol industry more competitive. ► Rising prices of energy and labor did induce lower processing costs, but the effect is not statistically significant.

  1. Handling Indian corn on the cob (for the alcohol industry)

    Energy Technology Data Exchange (ETDEWEB)

    Podurazhnyi, Y K

    1962-01-01

    The corn grains are mechanically prepared from the cob shortly before malting, the wort is boiled at 142 to 144/sup 0/, and is made up of corn 34, beets 40, and molasses 26%, providing an alcohol liquor which contains on the average 7.34% (individual values as high as 8.6) ethanol. This application of corn on the cob incurs (on the base of prices in the Soviet Union) a saving of about 20% in ethanol manufacture.

  2. Use of the Cropland Data Layer to monitor grassland conversion in the U.S. Western Corn Belt (Invited)

    Science.gov (United States)

    Wright, C.; Wimberly, M. C.

    2013-12-01

    The U.S. Department of Agriculture's Cropland Data Layer (CDL) provides new opportunities for monitoring land cover/land use change (LCLUC) related to U.S. agricultural policy, bioenergy development, and recent commodity price increases. We used the CDL to assess the conversion of grasslands to corn/soy cultivation along the western periphery of the U.S. Corn Belt. Here, we find rapid grassland conversion (1-5% annually) as the Corn Belt expands westward and northward into North Dakota and South Dakota. This LCLUC is occurring in close proximity to wetlands in the Prairie Pothole Region. In most counties in the eastern Dakotas, grassland conversion exceeds declines in land area enrolled in the Conservation Reserve Program (CRP). Within the core corn/soy growing area in Iowa and southern Minnesota, LCLUC is occurring on marginal lands characterized by high erosion potential and less-productive soils. In Minnesota, particularly, corn/soy production is increasing on lands previously too wet to farm without an expansion of agricultural drainage practices. Over the period 2006-2011, we estimate a net greenhouse gas impact of grassland conversion in the Western Corn Belt of approximately 4*106 metric tons CO2-equivalent. Although not designed for monitoring grasslands, we suggest that the CDL can be used judiciously to identify grassland conversion at farm- to sub-county scales, and, in conjunction with other national-level datasets (e.g., the National Wetlands Inventory and SSURGO database), to provide timely feedback to policymakers and the public on likely environmental impacts of U.S. agricultural policies and shifting market forces.

  3. Estimates of the price of hydrogen as a medium for wind and solar sources

    International Nuclear Information System (INIS)

    Bockris, John O'M.; Veziroglu, T. Nejat

    2007-01-01

    The rejection of hydrogen as a solution to global warming by becoming the medium of wind and solar was made when gasoline was priced at $1/gallon. From wind, H 2 would now cost (by electrolysis of water and steam) less than $3 for an amount equivalent in energy to that in a gallon of gasoline ('equivalent'). From solar photovoltaics (pv), H 2 would be sinking in price between $8 toward $5 equivalent as the efficiency of solar pv increases toward 20%. Solar thermal's present prices offer about one-half the solar pv prices. Prediction of the maximum of the delivery rate of world oil is [Laherre's Oil Production Forecast, 1950-2150. Reprinted with permission from correspondence with William Horvath, U.S. Department of Energy, March 29, 2001] 2010. Future energy sources will develop inexhaustible energies from wind, solar, geothermal, tidal, and wave sources. The common media will be hydrogen and electricity. These sources yield energy at around one-half the cost of nuclear fission. Growing corn to make alcohol involves a net loss of energy and need for a heating mechanism. It may increase the Greenhouse. (author)

  4. Sugar Price Supports and Taxation

    Science.gov (United States)

    Dilk, Abby; Savaiano, Dennis A.

    2017-01-01

    Domestic US sugar production has been protected by government policy for the past 82 years, resulting in elevated domestic prices and an estimated annual (2013) $1.4 billion dollar “tax” on consumers. These elevated prices and the simultaneous federal support for domestic corn production have ensured a strong market for high-fructose corn syrup. Americans have dramatically increased their consumption of caloric sweeteners during the same period. Consumption of “empty” calories (ie, foods with low-nutrient/high-caloric density)—sugar and high-fructose corn syrup being the primary sources—is considered by most public health experts to be a key contributing factor to the rise in obesity. There have been substantial efforts to tax sugar-sweetened beverages (SSBs) to both reduce consumption and provide a source of funds for nutrition education, thereby emulating the tobacco tax model. Volume-based SSB taxes levy the tax rate per ounce of liquid, where some are only imposed on beverages with added sugar content exceeding a set threshold. Nonetheless, volume-based taxes have significant limitations in encouraging consumers to reduce their caloric intake due to a lack of transparency at the point of purchase. Thus, it is hypothesized that point-of-purchase, nutrient-specific excise taxes on SSBs would be more effective at reducing sugar consumption. However, all SSB taxes are limited by the possibility that consumers may compensate their decreased intake from SSBs with other high-calorie junk foods. Furthermore, there are no existing studies to provide evidence on how SSB taxes will impact obesity rates in the long term. The paradox of sugar prices is that Americans have paid higher prices for sugar to protect domestic production for more than 80 years, and now, Americans are being asked to pay even more to promote public health. The effective use of sugar taxes should be considered based on their merits in reducing sugar consumption and making available a new

  5. Biofuel and Food-Commodity Prices

    Directory of Open Access Journals (Sweden)

    David Zilberman

    2012-09-01

    Full Text Available The paper summarizes key findings of alternative lines of research on the relationship between food and fuel markets, and identifies gaps between two bodies of literature: one that investigates the relationship between food and fuel prices, and another that investigates the impact of the introduction of biofuels on commodity-food prices. The former body of literature suggests that biofuel prices do not affect food-commodity prices, but the latter suggests it does. We try to explain this gap, and then show that although biofuel was an important contributor to the recent food-price inflation of 2001–2008, its effect on food-commodity prices declined after the recession of 2008/09. We also show that the introduction of cross-price elasticity is important when explaining soybean price, but less so when explaining corn prices.

  6. TRADING ACTIVITY AND PRICES IN ENERGY FUTURES MARKET

    Directory of Open Access Journals (Sweden)

    Aysegul Ates

    2016-04-01

    Full Text Available This paper aims to examine trading activity and the relationship between futures trading activity by trader type and energy price movements in three energy futures markets –natural gas, crude oil and heating oil. We find that the level of net positions of speculators are positively related to future returns and in contrast net positions of hedgers are negatively related to futures price changes in all three markets. The changes in net positions are relatively more informative compare to the level of net positions in predicting price changes in related markets.

  7. Accurate market price formation model with both supply-demand and trend-following for global food prices providing policy recommendations.

    Science.gov (United States)

    Lagi, Marco; Bar-Yam, Yavni; Bertrand, Karla Z; Bar-Yam, Yaneer

    2015-11-10

    Recent increases in basic food prices are severely affecting vulnerable populations worldwide. Proposed causes such as shortages of grain due to adverse weather, increasing meat consumption in China and India, conversion of corn to ethanol in the United States, and investor speculation on commodity markets lead to widely differing implications for policy. A lack of clarity about which factors are responsible reinforces policy inaction. Here, for the first time to our knowledge, we construct a dynamic model that quantitatively agrees with food prices. The results show that the dominant causes of price increases are investor speculation and ethanol conversion. Models that just treat supply and demand are not consistent with the actual price dynamics. The two sharp peaks in 2007/2008 and 2010/2011 are specifically due to investor speculation, whereas an underlying upward trend is due to increasing demand from ethanol conversion. The model includes investor trend following as well as shifting between commodities, equities, and bonds to take advantage of increased expected returns. Claims that speculators cannot influence grain prices are shown to be invalid by direct analysis of price-setting practices of granaries. Both causes of price increase, speculative investment and ethanol conversion, are promoted by recent regulatory changes-deregulation of the commodity markets, and policies promoting the conversion of corn to ethanol. Rapid action is needed to reduce the impacts of the price increases on global hunger.

  8. Estimation of Cost Pass Through to Michigan Consumers in the ADM Price Fixing Case

    OpenAIRE

    Cotterill, Ronald W.

    1998-01-01

    This report analyzes the economic impact of price fixing in the wet corn milling industry on consumers in the State of Michigan. Two of the companies who produce citric acid have pleaded guilty to fixing its price. In this report we assume that price fixing also occurred among HFCS producers. Given the structure of the corn wet milling industry and the direct purchaser industries, the overcharge is essentially uniform across buyers and selling arrangements. We develop an actual economic model...

  9. Greenhouse-gas Consequences of US Corn-based Ethanol in a Flat World

    Science.gov (United States)

    Davidson, E. A.; Coe, M. T.; Nepstad, D. C.; Donner, S. D.; Bustamante, M. M.; Neill, C.

    2008-12-01

    Competition for arable land is now occurring among food, fiber, and fuel production sectors. In the USA, increased corn production for ethanol has come primarily at the expense of reduced soybean production. Only a few countries, mainly Brazil, have appropriate soils, climate, and infrastructure needed for large absolute increases in cropped area in the next decade that could make up the lost US soybean production. Our objective is to improve estimates of the potential net greenhouse gas (GHG) consequences, both domestically and in Brazil, of meeting the new goals established by the US Congress for expansion of corn- based ethanol in the USA. To meet this goal of 57 billion liters per year of corn-based ethanol production, an additional 1-7 million hectares will need to be planted in corn, depending upon assumptions regarding future increases in corn yield. Net GHG emissions saved in the USA by substituting ethanol for gasoline are estimated at 14 Tg CO2-equivalents once the production goal of 57 million L/yr is reached. If reduced US soybean production caused by this increase in US corn planting results in a compensatory increase in Brazilian production of soybeans in the Cerrado and Amazon regions, we estimate a potential net release of 1800 to 9100 Tg CO2-equivalents of GHG emissions due to land-use change. Many opportunities exist for agricultural intensification that would minimize new land clearing and its environmental impacts, but if Brazilian deforestation is held to only 15% of the area estimated here to compensate lost US soybean production, the GHG mitigation of US corn-based ethanol production during the next 15 years would be more than offset by emissions from Brazilian land-use change. Other motivations for advancing corn-based ethanol production in the USA, such as reduced reliance on foreign oil and increased prosperity for farming communities, must be considered separately, but the greenhouse-gas-mitigation rationale is clearly unsupportable.

  10. Price Uncertainty and Optimal Hedging in the Agricultural Market

    Directory of Open Access Journals (Sweden)

    Nicolae ISTUDOR

    2014-06-01

    Full Text Available The increased volatility of the agricultural prices has detrimental effects on the economic welfare and raises concerns regarding poverty and malnutrition at a global level. Financial risk management can be an efficient solution for limiting the effects of international agricultural price volatility. The paper analyzes the behavior of the U.S. wheat and corn prices, emphasizing their highly volatile and unpredictable nature. Given the existence of the basis risk, the estimation of the optimal hedge ratio is needed in order to provide an efficient hedging strategy against price risks. The role of public authorities in this context can consist in promoting education in the fields of hedging and understanding the agricultural price volatility risk. We estimate static and time varying optimal hedge ratios for wheat and corn through several methods. Based on the out of sample hedging effectiveness given by the variance reduction, the methods are compared and the results show that the time varying hedge ratios estimated through rolling window OLS and GARCH methods outperform the static counterparts.

  11. Baby corn, green corn, and dry corn yield of corn cultivars

    OpenAIRE

    Castro,Renato S; Silva,Paulo Sérgio L; Cardoso,Milton J

    2013-01-01

    In corn, when the first female inflorescence is removed, the plant often produces new female inflorescences. This allows the first ear to be harvested as baby corn (BC) and the second as green corn (GC) or dry corn (DC), that is, mature corn. The flexibility provided by a variety of harvested products allows the grower to compete with better conditions in the markets. We evaluated BC, GC, and DC yields in corn cultivars AG 1051, AG 2060, and BRS 2020, after the first ear was harvested as BC. ...

  12. Sustainable Dry Land Management Model on Corn Agribusiness System

    Directory of Open Access Journals (Sweden)

    Yulia Pujiharti

    2008-01-01

    Full Text Available The study aimed at building model of dry land management. Dynamic System Analysis was used to build model and Powersim 2.51 version for simulating. The parameter used in model were fertilizer (urea, SP-36, ACL, productivity (corn, cassava, mungbean, soil nutrient (N, P, K, crop nutrient requirements (corn, cassava, mungbean, mucuna, price (corn, cassava, mungbeans corn flour, feed, urea, SP-36, KCl, food security credit, area planted of (maize, cassava, mungbean, area harvested of (maize, cassava, mungbean, (corn, cassava, mungbean production, wages and farmer income. Sustainable indicator for ecology aspect was soil fertility level, economic aspects were productivity and farmer income, and social aspects were job possibility and traditions. The simulation result indicated that sustainable dry land management can improve soil fertility and increase farmer revenue, became sustainable farming system and farmer society. On the other hand, conventional dry land management decreased soil fertility and yield, caused farmer earnings to decrease and a farm activity could not be continued. Fertilizer distribution did not fulfill farmer requirement, which caused fertilizer scarcity. Food security credit increased fertilizer application. Corn was processed to corn flour or feed to give value added.

  13. Fact sheet: Ethanol from corn

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-05-31

    This fact sheet is intended to provide an overview of the advantages of ethanol from corn, emphasizing ethanol`s contribution to environmental protection and sustainable agriculture. Ethanol, an alternative fuel used as an octane enhancer is produced through the conversion of starch to sugars by enzymes, and fermentation of these sugars to ethanol by yeast. The production process may involve wet milling or dry milling. Both these processes produce valuable by-products, in addition to ethanol and carbon dioxide. Ethanol contains about 32,000 BTU per litre. It is commonly believed that using state-of-the-art corn farming and corn processing processes, the amount of energy contained in ethanol and its by-products would be more than twice the energy required to grow and process corn into ethanol. Ethanol represents the third largest market for Ontario corn, after direct use as animal feed and wet milling for starch, corn sweetener and corn oil. The environmental consequences of using ethanol are very significant. It is estimated that a 10 per cent ethanol blend in gasoline would result in a 25 to 30 per cent decrease in carbon monoxide emissions, a 6 to 10 per cent decrease in net carbon dioxide, a slight increase in nitrous oxide emissions which, however, would still result in an overall decrease in ozone formation, since the significant reduction in carbon monoxide emissions would compensate for any slight increase in nitrous oxide. Volatile organic compounds emission would also decrease by about 7 per cent with a 10 per cent ethanol blend. High level blends could reduce VOCs production by as much as 30 per cent. 7 refs.

  14. Net air emissions from electric vehicles: the effect of carbon price and charging strategies.

    Science.gov (United States)

    Peterson, Scott B; Whitacre, J F; Apt, Jay

    2011-03-01

    Plug-in hybrid electric vehicles (PHEVs) may become part of the transportation fleet on time scales of a decade or two. We calculate the electric grid load increase and emissions due to vehicle battery charging in PJM and NYISO with the current generation mix, the current mix with a $50/tonne CO(2) price, and this case but with existing coal generators retrofitted with 80% CO(2) capture. We also examine all new generation being natural gas or wind+gas. PHEV fleet percentages between 0.4 and 50% are examined. Vehicles with small (4 kWh) and large (16 kWh) batteries are modeled with driving patterns from the National Household Transportation Survey. Three charging strategies and three scenarios for future electric generation are considered. When compared to 2020 CAFE standards, net CO(2) emissions in New York are reduced by switching from gasoline to electricity; coal-heavy PJM shows somewhat smaller benefits unless coal units are fitted with CCS or replaced with lower CO(2) generation. NO(X) is reduced in both RTOs, but there is upward pressure on SO(2) emissions or allowance prices under a cap.

  15. Beyond Illinois Brick: The Law and Economics of Cost Pass-Through in the ADM Price Fixing Case

    OpenAIRE

    Ronald W. Cotterill; Leonard Egan; William Buckhold

    1998-01-01

    This article reviews the legal standards and the economics of indirect purchaser cases. Drawn from recent cases on behalf of consumers in the ADM price fixing case, it presents cost pass through models for high fructose corn syrup (HFCS), one of the alleged price fixes in the wet corn milling industry. If soft drink bottlers, a primary user of HFCS, have fixed proportion production, constant returns to scale, and if other bottlers input prices are unaffected by variations in soft drink output...

  16. SWEET CORN FARMING: THE EFFECT OF PRODUCTION FACTOR, EFFICIENCY AND RETURN TO SCALE

    Directory of Open Access Journals (Sweden)

    Dwijatenaya I.B.M.A.

    2017-10-01

    Full Text Available This research aims to determine the effect of production factors on the sweet corn production, the efficiency of sweet corn farming, and the return to scale of sweet corn production. The sampling technique was taken by proportionate stratified random sampling method with the sample number of 57 people while the analyzer used was the program of Frointer 4.1c. The results show that the production factors of the land farm, seed, and fertilizer have a positive and significant effect on sweet corn production. On the other hand, labor production factors have a positive but not significant effect on sweet corn production. It also found that technical efficiency, price efficiency, and economic efficiency of sweet corn farming in Muara Wis Sub-district of Kutai Kartanegara Regency are not efficient yet. The return to scale of sweet corn yield has an increasing return to scale condition.

  17. Blending of electricity pricing with time flavour - an analysis of net system benefit to an electric utility in India

    International Nuclear Information System (INIS)

    Bhardwaj, J.L.

    1992-01-01

    Demand-side Management is a powerful strategy for modifying electric energy consumption patterns for the mutual benefit of consumers, the supplier and the economy as a whole Time-of-use pricing of electricity suggest a policy where the price is time-differentiated so as to reduce contribution to the system-peak which determines the capacity and investments of a power-system. This paper describes a case-study of net system benefit to an electric utility in India by offering time-of-use tariff to high voltage (HV) industrial consumers. The study shows that there is a potential of shifting about 19% H.V. Industrial loads from peak to off-peak hours thereby benefitting both, the consumers and the utility. 1 fig., 2 tabs

  18. Oil price and the dollar

    International Nuclear Information System (INIS)

    Coudert, V.; Mignon, V.; Penot, A.

    2007-01-01

    Oil prices and the United States (US) dollar exchange rate are driving the evolution of the world economy. This paper investigated long-term relationships between oil prices and the US effective exchange rate. An empirical study was performed on oil prices and the dollar real effective exchange rate between 1974 to 2004. The impact of the dollar exchange rate was also explored, and the effects of oil prices on supply and demand were considered. A dynamic partial equilibrium framework study was evaluated in order to compare how other countries used revenues from oil exports in dollars. The study showed that both variables had similar evolutions when price fluctuations were low. Strong increases in the dollar were associated with lower oil prices. However, adjustment speeds of the dollar real effective exchange rate was slow. Co-integration and causality tests showed that oil prices influenced the exchange rate, and that the link between the 2 variables was transmitted through the country's net foreign asset position. It was concluded that higher oil prices improved US net foreign asset position in relation to other countries, and had a positive impact on dollar appreciation. 24 refs., 6 tabs., 1 fig

  19. Optimal transfer, ordering and payment policies for joint supplier-buyer inventory model with price-sensitive trapezoidal demand and net credit

    Science.gov (United States)

    Shah, Nita H.; Shah, Digeshkumar B.; Patel, Dushyantkumar G.

    2015-07-01

    This study aims at formulating an integrated supplier-buyer inventory model when market demand is variable price-sensitive trapezoidal and the supplier offers a choice between discount in unit price and permissible delay period for settling the accounts due against the purchases made. This type of trade credit is termed as 'net credit'. In this policy, if the buyer pays within offered time M1, then the buyer is entitled for a cash discount; otherwise the full account must be settled by the time M2; where M2 > M1 ⩾ 0. The goal is to determine the optimal selling price, procurement quantity, number of transfers from the supplier to the buyer and payment time to maximise the joint profit per unit time. An algorithm is worked out to obtain the optimal solution. A numerical example is given to validate the proposed model. The managerial insights based on sensitivity analysis are deduced.

  20. Inventories and upstream gasoline price dynamics

    NARCIS (Netherlands)

    Kuper, Gerard H.

    This paper sheds new light on the asymmetric dynamics in upstream U.S. gasoline prices. The model is based on Pindyck's inventory model of commodity price dynamics. We show that asymmetry in gasoline price dynamics is caused by changes in the net marginal convenience yield: higher costs of marketing

  1. The Energy Balance of Corn Ethanol: An Update

    Energy Technology Data Exchange (ETDEWEB)

    Shapouri, Hosein [United States Dept. of Agriculture (USDA), Washington DC (United States); Duffield, James A. [United States Dept. of Agriculture (USDA), Washington DC (United States); Wang, Michael [Argonne National Lab. (ANL), Argonne, IL (United States)

    2002-07-01

    Studies conducted since the late 1970s have estimated the net energy value (NEV) of corn ethanol. However, variations in data and assumptions used among the studies have resulted in a wide range of estimates. This study identifies the factors causing this wide variation and develops a more consistent estimate.

  2. Income Migration and Home Price Trajectories in the United States

    OpenAIRE

    Samuel M. Otterstrom

    2015-01-01

    This paper models one facet of the relationship between housing market price shifts and income migration among U.S. regions: how income migration relates to regional housing price clusters. The tremendous negative slide in national housing prices from 2006 to 2012 had an uneven spatial distribution. These differences are explored within the context of net income and net population migration (movement of money with people). Median housing prices for urban areas from 2005 to 2010 and IRS county...

  3. The Impact of Measurement Error on Estimates of the Price Reaction to USDA Crop Reports

    OpenAIRE

    Aulerich, Nicole M.; Irwin, Scott H.; Nelson, Carl H.

    2007-01-01

    This paper investigates the impact of USDA crop production reports in corn and soybean futures markets. The analysis is based on all corn and soybean production reports released over 1970-2006. The empirical analysis compares the typical OLS event study approach to the new Identification by Censoring (ITC) technique. Corn and soybean production reports are analyzed both separately and together for impact in corn and soybean futures prices. ITC proves to be the more useful method because it av...

  4. Pricing objectives in nonprofit hospitals.

    OpenAIRE

    Bauerschmidt, A D; Jacobs, P

    1985-01-01

    This article reports on a survey of 60 financial managers of nonprofit hospitals in the eastern United States relating to the importance of a number of factors which influence their pricing decisions and the pricing objectives which they pursue. Among the results uncovered by the responses: that trustees are the single most important body in the price-setting process (doctors play a relatively unimportant role); that hospital pricing goals are more related to target net revenue than profit ma...

  5. [Corn.

    Science.gov (United States)

    Iowa History for Young People, 1993

    1993-01-01

    This theme issue focuses on corn. Iowa is the number one corn producing state in the United States. The featured articles in the issue concern, among other topics, Iowa children who live on farms, facts and statistics about corn, the Mesquakie Indians and corn shelling, corn hybrids, a short story, and the corn palaces of Sioux City. Activities,…

  6. Pengaruh Debt to Equty Ratio, Current Ratio , Net Profit Margin Terhadap Harga Saham dengan Price Earning Ratio Sebagai Variabel Pemoderasi pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2012-2014

    OpenAIRE

    Theresia, Paskah Lia

    2017-01-01

    This study conducted to analyze the effect of variable Debt to Equity Ratio (DER), Current Ratio (CR), Net Profit Margin (NPM) andPrice Earnings Ratio (PER) to the Stock Prices with Price Earnings Ratio (PER) as an moderating variable on companies listed on Indonesian Stock Exchange from 2012 - 2014.The samplingtechnique used is purposive sampling and number of samples used by 23 companies. The analysis technique used are Descriptive Statistic Analysis, Classical Assumption Test, Hypothesis T...

  7. Crop Insurance Inaccurate FCIC Price Forecasts Increase Program Costs

    National Research Council Canada - National Science Library

    1991-01-01

    ...) how FCIC can improve its forecast accuracy. We found that FCIC's corn, wheat, and soybeans price forecasts exhibit large bias errors that exceed those of other available alternative forecasts and that FCIC would have spent...

  8. Meta-analysis of yield response of hybrid field corn to foliar fungicides in the U.S. Corn Belt.

    Science.gov (United States)

    Paul, P A; Madden, L V; Bradley, C A; Robertson, A E; Munkvold, G P; Shaner, G; Wise, K A; Malvick, D K; Allen, T W; Grybauskas, A; Vincelli, P; Esker, P

    2011-09-01

    The use of foliar fungicides on field corn has increased greatly over the past 5 years in the United States in an attempt to increase yields, despite limited evidence that use of the fungicides is consistently profitable. To assess the value of using fungicides in grain corn production, random-effects meta-analyses were performed on results from foliar fungicide experiments conducted during 2002 to 2009 in 14 states across the United States to determine the mean yield response to the fungicides azoxystrobin, pyraclostrobin, propiconazole + trifloxystrobin, and propiconazole + azoxystrobin. For all fungicides, the yield difference between treated and nontreated plots was highly variable among studies. All four fungicides resulted in a significant mean yield increase relative to the nontreated plots (P pyraclostrobin (256 kg/ha), and lowest for azoxystrobin (230 kg/ha). Baseline yield (mean yield in the nontreated plots) had a significant effect on yield for propiconazole + azoxystrobin (P pyraclostrobin, propiconazole + trifloxystrobin, and propiconazole + azoxystrobin but not to azoxystrobin. Mean yield difference was generally higher in the lowest yield and higher disease severity categories than in the highest yield and lower disease categories. The probability of failing to recover the fungicide application cost (p(loss)) also was estimated for a range of grain corn prices and application costs. At the 10-year average corn grain price of $0.12/kg ($2.97/bushel) and application costs of $40 to 95/ha, p(loss) for disease severity pyraclostrobin, 0.62 to 0.93 for propiconazole + trifloxystrobin, 0.58 to 0.89 for propiconazole + azoxystrobin, and 0.91 to 0.99 for azoxystrobin. When disease severity was >5%, the corresponding probabilities were 0.36 to 95, 0.25 to 0.69, 0.25 to 0.64, and 0.37 to 0.98 for the four fungicides. In conclusion, the high p(loss) values found in most scenarios suggest that the use of these foliar fungicides is unlikely to be profitable when

  9. Market Anatomy of a Drought: Modeling Barge and Corn Market Adaptation to Reduced Rainfall and Low Mississippi River Water Levels During the 2012 Midwestern U.S. Drought

    Science.gov (United States)

    Foster, B.; Characklis, G. W.; Thurman, W. N.

    2015-12-01

    In mid 2012, a severe drought swept across the Midwest, the heartland of corn production in the U.S. When the drought persisted into late Fall, corn markets were affected in two distinct ways: (1) reduced rainfall led to projected and actual corn yields that were lower than expected and (2) navigation restrictions, a result of low water levels on the Mississippi River, disrupted barge transportation, the most common and inexpensive mode for moving corn to many markets. Both (1) and (2) led to significant financial losses, but due to the complexity of the economic system and the coincidence of two different market impacts, the size of the role that low water levels played wass unclear. This is important, as losses related to low water levels are used to justify substantial investments in dredging activities on the Mississippi River. An "engineering" model of the system, suggests that low water levels should drive large increases in barge and corn prices, while some econometric models suggest that water levels explain very little of the changes in barge rates and corn prices. Employing a model that integrates both the engineering and economic elements of the system indicates that corn prices and barge rates during the drought display spatial and temporal behavior that is difficult to explain using either the engineering or econometric models alone. This integrated model accounts for geographic and temporal variations in drought impacts and identifies unique market responses to four different sets of conditions over the drought's length. Results illustrate that corn and barge price responses during the drought were a product of comingled, but distinct, reactions to both supply changes and navigation disruptions. Results also provide a more structured description of how the economic system that governs corn allocation interacts with the Mississippi River system during drought. As both public and private parties discuss potential managerial or infrastructural methods

  10. CAUSAL RELATIONSHIPS BETWEEN GRAIN, MEAT PRICES AND EXCHANGE RATES

    Directory of Open Access Journals (Sweden)

    Naveen Musunuru

    2017-10-01

    Full Text Available Understanding agricultural commodity price relationships are important as they help producers improve their awareness regarding production costs and ultimately aid in income determination. The present paper empirically examines the dynamic interrelationships among grain, meat prices and the U.S. dollar exchange rate. Johansen cointegration tests reveal no cointegrating relationships among the study variables. Majority of the commodities studied in the paper exhibited unidirectional causality except for corn and lean hogs. The vector autoregression (VAR model results indicate that the grain and meat prices are influenced by their own past prices. The role of exchange rates is found to be limited in linking the agricultural commodities.

  11. Mass distribution of free insecticide-treated nets do not interfere with continuous net distribution in Tanzania.

    Science.gov (United States)

    Eze, Ikenna C; Kramer, Karen; Msengwa, Amina; Mandike, Renata; Lengeler, Christian

    2014-05-27

    To protect the most vulnerable groups from malaria (pregnant women and infants) the Tanzanian Government introduced a subsidy (voucher) scheme in 2004, on the basis of a public-private partnership. These vouchers are provided to pregnant women at their first antenatal care visit and mothers of infants at first vaccination. The vouchers are redeemed at registered retailers for a long-lasting insecticidal net against the payment of a modest top-up price. The present work analysed a large body of data from the Tanzanian National Voucher Scheme, focusing on interactions with concurrent mass distribution campaigns of free nets. In an ecologic study involving all regions of Tanzania, voucher redemption data for the period 2007-2011, as well as data on potential determinants of voucher redemption were analysed. The four outcome variables were: pregnant woman and infant voucher redemption rates, use of treated bed nets by all household members and by under- five children. Each of the outcomes was regressed with selected determinants, using a generalized estimating equation model and accounting for regional data clustering. There was a consistent improvement in voucher redemption rates over the selected time period, with rates >80% in 2011. The major determinants of redemption rates were the top-up price paid by the voucher beneficiary, the retailer- clinic ratio, and socio-economic status. Improved redemption rates after 2009 were most likely due to reduced top-up prices (following a change in policy). Redemption rates were not affected by two major free net distribution campaigns. During this period, there was a consistent improvement in net use across all the regions, with rates of up to 75% in 2011. The key components of the National Treated Nets Programme (NATNETS) seem to work harmoniously, leading to a high level of net use in the entire population. This calls for the continuation of this effort in Tanzania and for emulation by other countries with endemic malaria.

  12. Evaluating fuel ethanol feedstocks from energy policy perspectives: A comparative energy assessment of corn and corn stover

    International Nuclear Information System (INIS)

    Lavigne, Amanda; Powers, Susan E.

    2007-01-01

    Concerns surrounding the continued, un-checked use of petroleum-based fuels in the transportation sector, the search for more sustainable, renewable alternatives, and the constraints of the existing supply infrastructure in the United States have placed a spotlight on biomass-derived fuels. The central question of the ethanol debate has changed from 'Should we make ethanol?' to 'From what should we make ethanol?' emphasizing the importance of understanding the differences between specific biomass supply systems for fuel ethanol. When presented with numerous options, the priorities of an individual decision maker will define which feedstock alternative is the most appropriate choice for development from their perspective. This paper demonstrates how energy data can be successfully used to quantify assessment metrics beyond a standard net energy value calculation, thus quantifying the relative 'value' of ethanol supply systems. This value is defined based on decision-maker priorities that were adopted from national energy policy priorities: increased national energy security and increased conservation of energy resources. Nine energy assessment metrics that quantify detailed system energy data are calculated and a straightforward comparative assessment is performed between corn and corn stover feedstocks produced under the same farm scenario. Corn stover is shown to be more compatible with the national energy policy priorities and it is recommended that additional research be performed on utilizing this feedstock from the corn farm

  13. Sugar Price Supports and Taxation: A Public Health Policy Paradox.

    Science.gov (United States)

    Dilk, Abby; Savaiano, Dennis A

    2017-05-01

    Domestic US sugar production has been protected by government policy for the past 82 years, resulting in elevated domestic prices and an estimated annual (2013) $1.4 billion dollar "tax" on consumers. These elevated prices and the simultaneous federal support for domestic corn production have ensured a strong market for high-fructose corn syrup. Americans have dramatically increased their consumption of caloric sweeteners during the same period. Consumption of "empty" calories (ie, foods with low-nutrient/high-caloric density)-sugar and high-fructose corn syrup being the primary sources-is considered by most public health experts to be a key contributing factor to the rise in obesity. There have been substantial efforts to tax sugar-sweetened beverages (SSBs) to both reduce consumption and provide a source of funds for nutrition education, thereby emulating the tobacco tax model. Volume-based SSB taxes levy the tax rate per ounce of liquid, where some are only imposed on beverages with added sugar content exceeding a set threshold. Nonetheless, volume-based taxes have significant limitations in encouraging consumers to reduce their caloric intake due to a lack of transparency at the point of purchase. Thus, it is hypothesized that point-of-purchase, nutrient-specific excise taxes on SSBs would be more effective at reducing sugar consumption. However, all SSB taxes are limited by the possibility that consumers may compensate their decreased intake from SSBs with other high-calorie junk foods. Furthermore, there are no existing studies to provide evidence on how SSB taxes will impact obesity rates in the long term. The paradox of sugar prices is that Americans have paid higher prices for sugar to protect domestic production for more than 80 years, and now, Americans are being asked to pay even more to promote public health. The effective use of sugar taxes should be considered based on their merits in reducing sugar consumption and making available a new source of

  14. Cost and cost effectiveness of long-lasting insecticide-treated bed nets - a model-based analysis

    Directory of Open Access Journals (Sweden)

    Pulkki-Brännström Anni-Maria

    2012-04-01

    Full Text Available Abstract Background The World Health Organization recommends that national malaria programmes universally distribute long-lasting insecticide-treated bed nets (LLINs. LLINs provide effective insecticide protection for at least three years while conventional nets must be retreated every 6-12 months. LLINs may also promise longer physical durability (lifespan, but at a higher unit price. No prospective data currently available is sufficient to calculate the comparative cost effectiveness of different net types. We thus constructed a model to explore the cost effectiveness of LLINs, asking how a longer lifespan affects the relative cost effectiveness of nets, and if, when and why LLINs might be preferred to conventional insecticide-treated nets. An innovation of our model is that we also considered the replenishment need i.e. loss of nets over time. Methods We modelled the choice of net over a 10-year period to facilitate the comparison of nets with different lifespan (and/or price and replenishment need over time. Our base case represents a large-scale programme which achieves high coverage and usage throughout the population by distributing either LLINs or conventional nets through existing health services, and retreats a large proportion of conventional nets regularly at low cost. We identified the determinants of bed net programme cost effectiveness and parameter values for usage rate, delivery and retreatment cost from the literature. One-way sensitivity analysis was conducted to explicitly compare the differential effect of changing parameters such as price, lifespan, usage and replenishment need. Results If conventional and long-lasting bed nets have the same physical lifespan (3 years, LLINs are more cost effective unless they are priced at more than USD 1.5 above the price of conventional nets. Because a longer lifespan brings delivery cost savings, each one year increase in lifespan can be accompanied by a USD 1 or more increase in price

  15. Is there co-movement of agricultural commodities futures prices and crude oil?

    Energy Technology Data Exchange (ETDEWEB)

    Natanelov, Valeri, E-mail: valeri.natanelov@ugent.be [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Alam, Mohammad J. [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Department of Agribusiness and Marketing, Bangladesh Agricultural University (Bangladesh); McKenzie, Andrew M. [Department of Agricultural Economics and Agribusiness, University of Arkansas, AR (United States); Van Huylenbroeck, Guido [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium)

    2011-09-15

    Even though significant attempts have appeared in literature, the current perception of co-movement of commodity prices appear inadequate and static. In particular we focus on price movements between crude oil futures and a series of agricultural commodities and gold futures. A comparative framework is applied to identify changes in relationships through time and various cointegration methodologies and causality tests are employed. Our results indicate that co-movement is a dynamic concept and that some economic and policy development may change the relationship between commodities. Furthermore we show that biofuel policy buffers the co-movement of crude oil and corn futures until the crude oil prices surpass a certain threshold. - Highlights: > We show that co-movement of commodity futures is a temporal concept. > A variation in parallel movement between 2 large periods occurs. > Biofuel policy buffers parallel movement of corn and crude oil futures

  16. Is there co-movement of agricultural commodities futures prices and crude oil?

    International Nuclear Information System (INIS)

    Natanelov, Valeri; Alam, Mohammad J.; McKenzie, Andrew M.; Van Huylenbroeck, Guido

    2011-01-01

    Even though significant attempts have appeared in literature, the current perception of co-movement of commodity prices appear inadequate and static. In particular we focus on price movements between crude oil futures and a series of agricultural commodities and gold futures. A comparative framework is applied to identify changes in relationships through time and various cointegration methodologies and causality tests are employed. Our results indicate that co-movement is a dynamic concept and that some economic and policy development may change the relationship between commodities. Furthermore we show that biofuel policy buffers the co-movement of crude oil and corn futures until the crude oil prices surpass a certain threshold. - Highlights: → We show that co-movement of commodity futures is a temporal concept. → A variation in parallel movement between 2 large periods occurs. → Biofuel policy buffers parallel movement of corn and crude oil futures

  17. Strategic design and investment capacity planning of the ethanol supply chain under price uncertainty

    International Nuclear Information System (INIS)

    Dal-Mas, Matteo; Giarola, Sara; Zamboni, Andrea; Bezzo, Fabrizio

    2011-01-01

    Fossil fuel depletion and the increase of greenhouse gases emissions has been pushing the search for alternative fuels for automotive transport. The European Union has identified biofuel technology as one option for reducing its dependence on imported energy. Ethanol is a promising biofuel, but great uncertainty on the business profitability has recently determined a slowdown in the industry expansion. In particular, geographical plant location, biomass price fluctuation and fuel demand variability severely constrain the economic viability of new ethanol facilities. In this work a dynamic, spatially explicit and multi-echelon Mixed Integer Linear Program (MILP) modeling framework is presented to help decision-makers and potential investors assessing economic performances and risk on investment of the entire biomass-based ethanol supply chain. A case study concerning the corn-to-ethanol production supply chain in Northern Italy is used to demonstrate the effectiveness of the proposed modeling approach. The mathematical pattern addresses the issue of optimizing the ethanol supply network over a ten years' time period under uncertainty on biomass production cost and product selling price. The model allows optimizing economic performances and minimize financial risk on investment by identifying the best network topology in terms of biomass cultivation site locations, ethanol production plant capacities, location and transport logistics. -- Highlights: →A dynamic spatially explicit Mixed Integer Linear Program (MILP) of the entire corn-based ethanol supply chain is proposed. →Uncertainty on corn price and ethanol selling price is taken into account. →The model allows assessing and optimizing the supply chain economic performance and risk on investment. →A case study concerning the corn-to-ethanol production in Northern Italy demonstrates the effectiveness of the approach.

  18. The impact of ethanol production on food prices: The role of interplay between the U.S. and Brazil

    International Nuclear Information System (INIS)

    Monteiro, Nathalia; Altman, Ira; Lahiri, Sajal

    2012-01-01

    Food prices have increased rapidly in recent years, and so has ethanol production. Some studies have claimed that there is a connection between the two. The main purpose of this paper is to add to this literature by examining the influence that the interplay between Brazil and the U.S. in ethanol production has on food prices. Specifically, and controlling for other variables, which have been shown to affect food prices, we investigate whether sugarcane ethanol and corn ethanol production have similar impacts on food prices, and whether ethanol productivity affects food prices. We find a positive significant effect of Brazilian market share in world ethanol market on relative food prices. We also find that an increase of Brazilian cane ethanol area has a negative effect on relative food prices. - Highlights: ► We examine if sugarcane ethanol and corn ethanol have similar impacts on food price. ► We examine if ethanol productivity affects food prices. ► We control for many other variables, which have been shown to affect food prices. ► Brazilian market share in ethanol market has a positive effect on food prices. ► Brazilian cane ethanol area has a negative effect on relative food prices.

  19. Techno-economic analysis of using corn stover to supply heat and power to a corn ethanol plant - Part 2: Cost of heat and power generation systems

    International Nuclear Information System (INIS)

    Mani, S.; Sokhansanj, S.; Tagore, S.; Turhollow, A.F.

    2010-01-01

    This paper presents a techno-economic analysis of corn stover fired process heating (PH) and the combined heat and power (CHP) generation systems for a typical corn ethanol plant (ethanol production capacity of 170 dam 3 ). Discounted cash flow method was used to estimate both the capital and operating costs of each system and compared with the existing natural gas fired heating system. Environmental impact assessment of using corn stover, coal and natural gas in the heat and/or power generation systems was also evaluated. Coal fired process heating (PH) system had the lowest annual operating cost due to the low fuel cost, but had the highest environmental and human toxicity impacts. The proposed combined heat and power (CHP) generation system required about 137 Gg of corn stover to generate 9.5 MW of electricity and 52.3 MW of process heat with an overall CHP efficiency of 83.3%. Stover fired CHP system would generate an annual savings of 3.6 M$ with an payback period of 6 y. Economics of the coal fired CHP system was very attractive compared to the stover fired CHP system due to lower fuel cost. But the greenhouse gas emissions per Mg of fuel for the coal fired CHP system was 32 times higher than that of stover fired CHP system. Corn stover fired heat and power generation system for a corn ethanol plant can improve the net energy balance and add environmental benefits to the corn to ethanol biorefinery.

  20. Update of distillers grains displacement ratios for corn ethanol life-cycle analysis.

    Energy Technology Data Exchange (ETDEWEB)

    Arora, S.; Wu, M.; Wang, M.; Energy Systems

    2011-02-01

    Production of corn-based ethanol (either by wet milling or by dry milling) yields the following coproducts: distillers grains with solubles (DGS), corn gluten meal (CGM), corn gluten feed (CGF), and corn oil. Of these coproducts, all except corn oil can replace conventional animal feeds, such as corn, soybean meal, and urea. Displacement ratios of corn-ethanol coproducts including DGS, CGM, and CGF were last updated in 1998 at a workshop at Argonne National Laboratory on the basis of input from a group of experts on animal feeds, including Prof. Klopfenstein (University of Nebraska, Lincoln), Prof. Berger (University of Illinois, Urbana-Champaign), Mr. Madson (Rapheal Katzen International Associates, Inc.), and Prof. Trenkle (Iowa State University) (Wang 1999). Table 1 presents current dry milling coproduct displacement ratios being used in the GREET model. The current effort focuses on updating displacement ratios of dry milling corn-ethanol coproducts used in the animal feed industry. Because of the increased availability and use of these coproducts as animal feeds, more information is available on how these coproducts replace conventional animal feeds. To glean this information, it is also important to understand how industry selects feed. Because of the wide variety of available feeds, animal nutritionists use commercial software (such as Brill Formulation{trademark}) for feed formulation. The software recommends feed for the animal on the basis of the nutritional characteristics, availability, and price of various animal feeds, as well as on the nutritional requirements of the animal (Corn Refiners Association 2006). Therefore, feed formulation considers both the economic and the nutritional characteristics of feed products.

  1. Does the U.S. biofuels mandate increase the price at the pump?

    Science.gov (United States)

    Bolotin, Stephen R.

    The Renewable Fuel Standard (RFS) as amended by the Energy Independence and Security Act of 2007 created a federal mandate for blending conventional biofuels like corn-based ethanol and advanced biofuels like biodiesel and renewable gasoline into the United States transportation fuel supply. The RFS established yearly blending standards for the obligated parties--refiners and importers of petroleum products--that increase progressively until reaching a high of 36 billion gallons by 2022. Each ethanol-equivalent gallon of biofuel blended is assigned a unique Renewable Identification Number (RIN) through the Environmental Protection Agency's (EPA) Moderated Transaction System (EMTS). At year's close, obligated parties must submit their allotted RIN obligations to the EPA to demonstrate compliance. In the case of under-compliance or over-compliance, RINs can be traded between obligated parties freely through the EMTS or carried over for use in the next year. It follows, then, that a RIN carries a market value reflective of the cost of complying with RFS regulations. Indeed, most biofuels cost more than their fossil-based equivalents. When the price of a corn ethanol RIN went from 2-3 cents each in 2012 to nearly $1.50 in July of 2013 due to a perceived shortage in corn ethanol RINs, obligated parties faced the prospect of multimillion-dollar compliance cost increases. Arguing that RFS makes fuel significantly more expensive for consumers, petroleum companies have begun to advocate for the full repeal of the RFS, winning over some allies in Congress. The future of this program is uncertain. In an attempt to quantify the concerns of RFS critics, this thesis estimated the effect that RIN prices have on the wholesale cost of diesel fuel. Using daily price data from January 2011 through August of 2013 on RINs and crude oil, I specified twelve OLS regression models that predict the passthrough of the diesel RIN price to wholesale diesel price. My statistical analysis

  2. Washington biofuel feedstock crop supply under output price and quantity uncertainty

    International Nuclear Information System (INIS)

    Zheng Qiujie; Shumway, C. Richard

    2012-01-01

    Subsidized development of an in-state biofuels industry has received some political support in the state of Washington, USA. Utilizing in-state feedstock supplies could be an efficient way to stimulate biofuel industries and the local economy. In this paper we estimate supply under output price and quantity uncertainty for major biofuel feedstock crops in Washington. Farmers are expected to be risk averse and maximize the utility of profit and uncertainty. We estimate very large Washington price elasticities for corn and sugar beets but a small price elasticity for a third potential feedstock, canola. Even with the large price elasticities for two potential feedstocks, their current and historical production levels in the state are so low that unrealistically large incentives would likely be needed to obtain sufficient feedstock supply for a Washington biofuel industry. Based on our examination of state and regional data, we find low likelihood that a Washington biofuels industry will develop in the near future primarily using within-state biofuel feedstock crops. - Highlights: ► Within-state feedstock crop supplies insufficient for Washington biofuel industry. ► Potential Washington corn and sugar beet supplies very responsive to price changes. ► Feedstock supplies more responsive to higher expected profit than lower risk. ► R and D for conversion of waste cellulosic feedstocks is potentially important policy.

  3. Setting a price for solar net-metering in California

    OpenAIRE

    Knezevic, Laura M

    2014-01-01

    Net-metering programs are an effective policy tool for promoting investment in solar photovoltaics, yet little attention has been paid to the rate at which excess energy generation is credited until recently. Like most States, California customers who participate in net-metering receive a credit for excess generation at the current retail rate for electricity. This buy-back rate does not take into account the value of solar energy to the utility or the costs to the customer of purchasing an...

  4. Price Discovery and Risk Management in the U.S. Distiller’s Grain Markets

    OpenAIRE

    Etienne, Xiaoli L.; Hoffman, Linwood A.

    2015-01-01

    In this paper, we evaluate the spatial nature of the price discovery process in regional distiller’s grain markets in the US and the price relationships among distiller’s grains, corn, and soybean meals since the beginning of the biofuel boom. We use multivariate and pairwise cointegration analyses to examine spatial integrations among regions and to investigate whether a stable long-term price relationship exists in the market. Error correction models are estimated to determine the speed of ...

  5. Drawing a Roadmap for Oil Pricing Reform

    OpenAIRE

    Kojima, Masami

    2013-01-01

    In 2011, the median oil imports rose to 5 percent of gross domestic product for net importers. In the past several years, many governments have not passed through the world oil price increases to consumers fully. As a sign of divergent pricing policies, the retail prices of gasoline, diesel, and cooking gas in January 2013 varied by a factor of 190, 250, and 70, respectively, across develo...

  6. Higher fuel and food prices

    DEFF Research Database (Denmark)

    Arndt, Channing; Benfica, Rui; Maximiano, Nelson

    2008-01-01

    of Mozambique indicates that the fuel price shock dominates rising food prices from both macroeconomic and poverty perspectives. Again, negative impacts are larger in urban areas. The importance of agricultural production response in general and export response in particular is highlighted. Policy analysis...... analysis indicates that urban households and households in the southern region are more vulnerable to food price increases. Rural households, particularly in the North and Center, often benefit from being in a net seller position. Longer-term analysis using a computable general equilibrium (CGE) model...

  7. The impact of dry matter loss during herbaceous biomass storage on net greenhouse gas emissions from biofuels production

    International Nuclear Information System (INIS)

    Emery, Isaac R.; Mosier, Nathan S.

    2012-01-01

    Life cycle inventory models of greenhouse gas emissions from biofuel production have become tightly integrated into government mandates and other policies to encourage biofuel production. Current models do not include life cycle impacts of biomass storage or reflect current literature on emissions from soil and biomass decomposition. In this study, the GREET model framework was used to determine net greenhouse gas emissions during ethanol production from corn and switchgrass via three biomass storage systems: wet ensiling of whole corn, and indoor and outdoor dry bale storage of corn stover and switchgrass. Dry matter losses during storage were estimated from the literature and used to modify GREET inventory analysis. Results showed that biomass stability is a key parameter affecting fuel production per farmed hectare and life cycle greenhouse gas emissions. Corn silage may generate 5358 L/ha of ethanol at 26.5 g CO 2 eq/MJ, relative to 5654 L/ha at 52.3 g CO 2 eq/MJ from combined corn stover and conventional grain corn ethanol production, or 3919 L/ha at 21.3 g CO 2 eq/MJ from switchgrass. Dry matter losses can increase net emissions by 3–25% (ensiling), 5–53% (bales outdoors), or 1–12% (bales indoors), decreasing the net GHG reduction of ethanol over gasoline by up to 10.9%. Greater understanding of biomass storage losses and greenhouse gas fluxes during storage is necessary to accurately assess biomass storage options to ensure that the design of biomass supply logistics systems meet GHG reduction mandates for biofuel production. -- Highlights: ► Analyzed the impact of biomass loss during storage. ► Probable dry matter losses strongly depend on storage method and infrastructure. ► Assessed impact of storage losses on LCA for cellulosic ethanol production. ► Storage losses increase GHG emissions by 1–53% depending upon storage conditions.

  8. Handling value added tax (VAT) in economic evaluations: should prices include VAT?

    Science.gov (United States)

    Bech, Mickael; Christiansen, Terkel; Gyrd-Hansen, Dorte

    2006-01-01

    In health economic evaluations, value added tax is commonly treated as a transfer payment. Following this argument, resources are valued equal to their net-of-tax prices in economic evaluations applying a societal perspective. In this article we argue that if there is the possibility that a new healthcare intervention may expand the healthcare budget, the social cost of input factors should be the gross-of-tax prices and not the net-of-tax prices. The rising interest in cost-benefit analysis and the use of absolute thresholds, net benefit estimates and acceptability curves in cost-effectiveness analysis makes this argument highly relevant for an appropriate use of these tools in prioritisation.

  9. Replacing gasoline with corn ethanol results in significant environmental problem-shifting.

    Science.gov (United States)

    Yang, Yi; Bae, Junghan; Kim, Junbeum; Suh, Sangwon

    2012-04-03

    Previous studies on the life-cycle environmental impacts of corn ethanol and gasoline focused almost exclusively on energy balance and greenhouse gas (GHG) emissions and largely overlooked the influence of regional differences in agricultural practices. This study compares the environmental impact of gasoline and E85 taking into consideration 12 different environmental impacts and regional differences among 19 corn-growing states. Results show that E85 does not outperform gasoline when a wide spectrum of impacts is considered. If the impacts are aggregated using weights developed by the National Institute of Standards and Technology (NIST), overall, E85 generates approximately 6% to 108% (23% on average) greater impact compared with gasoline, depending on where corn is produced, primarily because corn production induces significant eutrophication impacts and requires intensive irrigation. If GHG emissions from the indirect land use changes are considered, the differences increase to between 16% and 118% (33% on average). Our study indicates that replacing gasoline with corn ethanol may only result in shifting the net environmental impacts primarily toward increased eutrophication and greater water scarcity. These results suggest that the environmental criteria used in the Energy Independence and Security Act (EISA) be re-evaluated to include additional categories of environmental impact beyond GHG emissions.

  10. Tuition Pricing and Aid Strategies: A Practical Approach. AIR 1994 Annual Forum Paper.

    Science.gov (United States)

    Fine, Paul L.

    This paper examines the applicability of net tuition revenue models for a highly selective, elite priced, private research university in the southern U.S. Pricing and aid strategies for this university seem to be driven by intuitive assumptions about the economy, market forces, needs-blind admissions, student satisfaction, net price…

  11. Valuing Trial Designs from a Pharmaceutical Perspective Using Value-Based Pricing.

    Science.gov (United States)

    Breeze, Penny; Brennan, Alan

    2015-11-01

    Our aim was to adapt the traditional framework for expected net benefit of sampling (ENBS) to be more compatible with drug development trials from the pharmaceutical perspective. We modify the traditional framework for conducting ENBS and assume that the price of the drug is conditional on the trial outcomes. We use a value-based pricing (VBP) criterion to determine price conditional on trial data using Bayesian updating of cost-effectiveness (CE) model parameters. We assume that there is a threshold price below which the company would not market the new intervention. We present a case study in which a phase III trial sample size and trial duration are varied. For each trial design, we sampled 10,000 trial outcomes and estimated VBP using a CE model. The expected commercial net benefit is calculated as the expected profits minus the trial costs. A clinical trial with shorter follow-up, and larger sample size, generated the greatest expected commercial net benefit. Increasing the duration of follow-up had a modest impact on profit forecasts. Expected net benefit of sampling can be adapted to value clinical trials in the pharmaceutical industry to optimise the expected commercial net benefit. However, the analyses can be very time consuming for complex CE models. © 2014 The Authors. Health Economics published by John Wiley & Sons Ltd.

  12. Strategic Generation with Conjectured Transmission Price Responses in a Mixed Transmission Pricing System. Part 2. Application

    International Nuclear Information System (INIS)

    Wals, A.F.; Hobbs, B.F.; Rijkers, F.A.M.

    2004-05-01

    The conjectured transmission price response model presented in the first of this two-paper series considers the expectations of oligopolistic generators regarding how demands for transmission services affect the prices of those services. Here, the model is applied to northwest Europe, simulating a mixed transmission pricing system including export fees, a path-based auction system for between-country interfaces, and implicit congestion-based pricing of internal country constraints. The path-based system does not give credit for counterflows when calculating export capability. The application shows that this no-netting policy can exacerbate the economic inefficiencies caused by oligopolistic pricing by generators. The application also illustrates the effects of different generator conjectures regarding rival supply responses and transmission prices. If generators anticipate that their increased demand for transmission services will increase transmission prices, then competitive intensity diminishes and energy prices rise. In the example here, the effect of this anticipation is to double the price increase that results from oligopolistic (Cournot) competition among generators

  13. Price subsidies and the market for mosquito nets in developing countries: A study of Tanzania's discount voucher scheme.

    Science.gov (United States)

    Gingrich, Chris D; Hanson, Kara; Marchant, Tanya; Mulligan, Jo-Ann; Mponda, Hadji

    2011-07-01

    This study uses a partial equilibrium simulation model to explore how price subsidies for insecticide-treated mosquito nets (ITNs) affect households' purchases of ITNs. The model describes the ITN market in a typical developing country and is applied to the situation in Tanzania, where the Tanzania National Voucher Scheme (TNVS) provides a targeted subsidy to vulnerable population groups by means of a discount voucher. The data for this study come from a nationally-representative household survey completed July-August 2006 covering over 4300 households in 21 districts. The simulation results show the impact of the voucher program on ITN coverage among target households, namely those that experienced the birth of a child. More specifically, the share of target households purchasing an ITN increased from 18 to 62 percent because of the discount voucher. The model also suggests that the voucher program could cause the retail ITN price to rise due to an overall increase in demand. As a result, ITN purchases by households without a voucher may actually decline. The simulation model suggests that additional increases toward the stated goal of 80 percent ITN coverage for pregnant women and children could best be achieved through a combination of "catch up" mass distribution programs and expanding the target group for the voucher program to cover additional households. The model can be employed in other countries considering use of a targeted price subsidy for ITNs, and could be adapted to assess the impact of subsidies for other public health commodities. Copyright © 2011 Elsevier Ltd. All rights reserved.

  14. Carbon pricing in the EU: Evaluation of different EU ETS reform options

    International Nuclear Information System (INIS)

    Brink, Corjan; Vollebergh, Herman R.J.; Werf, Edwin van der

    2016-01-01

    This paper studies various options to support allowance prices in the EU Emissions Trading System (ETS), such as adjusting the cap, an auction reserve price, and fixed and variable carbon taxes in addition to the EU ETS. We use a dynamic computable general equilibrium model that explicitly allows for allowance banking and for a detailed cost-effectiveness analysis at the EU Member State level. We find that tightening the cap provides an ad hoc solution to the fundamental issue of the robustness of the effective carbon price, while introducing a price component to the ETS brings structural carbon price support in times of negative demand shocks for emission allowances. These price-based policies still benefit from the intertemporal flexibility through the banking provision in the EU ETS by re-allocating emissions over time with stronger emission reductions in early years and emission increases in later years. A higher emission price has a larger negative impact on the new Member States' economies than on other Member States. Furthermore, introducing a carbon tax in addition to the EU ETS decreases the price of allowances, resulting in welfare gains for net buyers of allowances while net sellers are worse off. - Highlights: • We analyse reform options for European Union Emission Trading System (EU ETS) with a CGE model. • Variable carbon tax and auction reserve price support carbon price at least cost. • Price-based reforms decrease early emissions but increase later emissions through banking. • New Member States' economies are affected more than others by higher CO_2 prices. • Lower allowance prices due to a carbon tax are unfavourable to net sellers of allowances.

  15. Value of Neonicotinoid Insecticide Seed Treatments in Mid-South Corn (Zea mays) Production Systems.

    Science.gov (United States)

    North, J H; Gore, J; Catchot, A L; Stewart, S D; Lorenz, G M; Musser, F R; Cook, D R; Kerns, D L; Leonard, B R; Dodds, D M

    2018-02-09

    Neonicotinoid seed treatments are one of several effective control options used in corn, Zea mays L., production in the Mid-South for early season insect pests. An analysis was performed on 91 insecticide seed treatment trials from Arkansas, Louisiana, Mississippi, and Tennessee to determine the value of neonicotinoids in corn production systems. The analysis compared neonicotinoid insecticide treated seed plus a fungicide to seed only with the same fungicide. When analyzed by state, corn yields were significantly higher when neonicotinoid seed treatments were used compared to fungicide only treated seed in Louisiana and Mississippi. Corn seed treated with neonicotinoid seed treatments yielded 111, 1,093, 416, and 140 kg/ha, higher than fungicide only treatments for Arkansas, Louisiana, Mississippi, and Tennessee, respectively. Across all states, neonicotinoid seed treatments resulted in a 700 kg/ha advantage compared to fungicide only treated corn seed. Net returns for corn treated with neonicotinoid seed treatment were $1,446/ha compared with $1,390/ha for fungicide only treated corn seed across the Mid-South. Economic returns for neonicotinoid seed treated corn were significantly greater than fungicide-only-treated corn seed in 8 out of 14 yr. When analyzed by state, economic returns for neonicotinoid seed treatments were significantly greater than fungicide-only-treated seed in Louisiana. In some areas, dependent on year, neonicotinoid seed treatments provide significant yield and economic benefits in Mid-South corn. © The Author(s) 2017. Published by Oxford University Press on behalf of Entomological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

  16. Interdependencies in the energy-bioenergy-food price systems: A cointegration analysis

    International Nuclear Information System (INIS)

    Ciaian, Pavel; Kancs, d'Artis

    2011-01-01

    The present paper studies the interdependencies between the energy, bioenergy and food prices. We develop a vertically integrated multi-input, multi-output market model with two channels of price transmission: a direct biofuel channel and an indirect input channel. We test the theoretical hypothesis by applying time-series analytical mechanisms to nine major traded agricultural commodity prices, including corn, wheat, rice, sugar, soybeans, cotton, banana, sorghum and tea, along with one weighted average world crude oil price. The data consists of 783 weekly observations extending from January 1994 to December 2008. The empirical findings confirm the theoretical hypothesis that the prices for crude oil and agricultural commodities are interdependent including also commodities not directly used in bioenergy production: an increase in oil price by 1 $/barrel increases the agricultural commodity prices between 0.10 $/tonne and 1.80 $/tonne. Contrary to the theoretical predictions, the indirect input channel of price transmission is found to be small and statistically insignificant. (author)

  17. Price transmission between products at different stages of manufacturing in forest industries

    Science.gov (United States)

    Mo Zhou; Joseph Buongiorno

    2005-01-01

    The theory of demand and supply implies a positive relationship, or "price transmission" between the prices of products at different stages of manufacturing, This relationship was investigated with quarterly prices of softwood stumpage in the US South, and national prices of forest products, from 1977 to 2002. All prices, net of inflation, were found to be...

  18. Using neural networks and extreme value distributions to model electricity pool prices: Evidence from the Australian National Electricity Market 1998–2013

    International Nuclear Information System (INIS)

    Dev, Priya; Martin, Michael A.

    2014-01-01

    Highlights: • Neural nets are unable to properly capture spiky price behavior found in the electricity market. • We modeled electricity price data from the Australian National Electricity Market over 15 years. • Neural nets need to be augmented with other modeling techniques to capture price spikes. • We fit a Generalized Pareto Distribution to price spikes using a peaks-over-thresholds approach. - Abstract: Competitors in the electricity supply industry desire accurate predictions of electricity spot prices to hedge against financial risks. Neural networks are commonly used for forecasting such prices, but certain features of spot price series, such as extreme price spikes, present critical challenges for such modeling. We investigate the predictive capacity of neural networks for electricity spot prices using Australian National Electricity Market data. Following neural net modeling of the data, we explore extreme price spikes through extreme value modeling, fitting a Generalized Pareto Distribution to price peaks over an estimated threshold. While neural nets capture the smoother aspects of spot price data, they are unable to capture local, volatile features that characterize electricity spot price data. Price spikes can be modeled successfully through extreme value modeling

  19. Substituição do milho por farelo de trigo ou farelo de glúten de milho na ração de bovinos de corte em terminação = Substitution of corn grain by wheat middlings or corn gluten feed in the finishing bulls diet

    Directory of Open Access Journals (Sweden)

    Eduardo Menegueli Pereira

    2007-01-01

    Full Text Available O objetivo do trabalho foi avaliar a substituição do milho moído fino (MM por farelo de trigo (FT ou farelo de glúten de milho (FGM na ração de 36 bovinos não castrados, em terminação (14 meses; peso inicial de 382 kg durante 87 dias. A ração continha 24% de silagem de capim e 76% de concentrado, constituído por polpa cítrica, farelo de soja, uréia, minerais, bicarbonato de sódio e monensina sódica, além de uma das fontes energéticas testadas. A substituição de MM por FT aumentou a ingestão de FDN (pThe objective of this work was to evaluate the substitution of finely ground (GC corn by wheat middlings (WM or dried corn gluten feed (CGF in finishing feedlot diets. Thirty-six yearling bulls (382 kg average initial live weight; 14 months old were fed during 87 days. The diets contained 24% grass silage and 76% concentrate, formulated with dried citrus pulp, soybean meal, urea, mineral-vitamin mix,sodium bicarbonate, sodium monensin, and one of the energy sources tested. The substitution of wheat middlings for corn increased NDF intake (p<0.05. However, no effect was observed on other measured parameters. Substitution of corn gluten feed for ground corn reduced dry matter intake (p<0.05 and average daily gain (p<0.10, increasedNDF intake (p<0.05, but had no effect on feed efficiency. These diets showed no differences in the observed values of net energy of maintenance or gain. The ratio observed/expected net energy for the diet differs from the other treatments. For this type of diet, GC may be completely replaced by WM or CGF with no depression on feed efficiency or on diet net energy. NRC (2001 underestimates TDN values and net energy estimates for WM and CGF.

  20. Economic Effects of Precipitation Enhancement in the Corn Belt.

    Science.gov (United States)

    Gapcia, Philip; Changnon, Stanley; Pinar, Musa

    1990-01-01

    Policy formulation in weather modification requires an understanding of the economic effects from altered weather. The focus of this study is to provide insight into the beneficiaries of a functioning weather modification technology when applied at various spatial and temporal levels. An econometric model which links the corn/scybean production to U.S. cattle, hog and poultry sectors is used to determine the effects of precipitation enhancement in the U.S. Corn Belt, a humid climatic region. A regional supply formulation permits assessment of weather modification on production, prices, revenues to producers, and savings in consumers expenditures on meat. The results provide insight into the distribution of economic effects, emphasize the importance of careful planning in the use of weather modification technology, and provide useful information on the roles of local, state, and federal governments in the support of weather modification.

  1. Trends in College Pricing, 2016. Trends in Higher Education Series

    Science.gov (United States)

    Ma, Jennifer; Baum, Sandy; Pender, Matea; Welch, Meredith

    2016-01-01

    In 2016-17, published tuition and fee prices rose slightly less than the year before. The rapid price growth observed during the Great Recession has abated, as typically happens when the economy recovers, but the rate of increase in tuition and fees continues to exceed inflation. More notable, however, is the pattern of the net prices students…

  2. Demand and willingness-to-pay for bed nets in Tanzania: results from a choice experiment.

    Science.gov (United States)

    Gingrich, Chris D; Ricotta, Emily; Kahwa, Amos; Kahabuka, Catherine; Koenker, Hannah

    2017-07-14

    Universal coverage campaigns for long-lasting insecticide-treated nets do not always reach the goal of one net for every two household members, and even when ownership of at least one net per household is high, many households may not own enough nets. The retail market provides these households options for replacing or increasing the number of nets they own with products that best fit their needs since a variety of net shapes, sizes, and colours are available. Hence, it is important to understand the factors affecting private net demand. This study explores private demand for nets in Tanzania using a discrete choice experiment. The experiment provides participants the option to buy nets with their own money, and thus should prove more accurate than a hypothetical survey of net preferences. Nearly 800 participants sampled in two regions showed an overall strong demand for nets, with 40% choosing to buy a net across all seven combinations of net prices and characteristics such as size, shape, and insecticide treatment. Only 8% of all participants chose not to buy a single net. A key factor influencing demand was whether a participant's household currently owned sufficient nets for all members, with rural participants showing lower net coverage and greater demand than urban participants. Both poor and less poor households showed strong evidence of making purchase decisions based on more than price alone. Mean willingness-to-pay values for a net started at US$1.10 and grew by US$0.50-1.40 for various attributes such as rectangular shape, large size, and insecticide treatment. The impact of price on demand was negative but small, with elasticity values between -0.25 and -0.45. The results suggest that private demand for nets in Tanzania could potentially supplement future coverage campaigns. Net manufacturers and retailers should advertise and promote consumers' preferred net attributes to improve sales and further expand net access and coverage. To overcome household

  3. Oil intensities and oil prices : evidence for Latin America

    OpenAIRE

    Alaimo, Veronica; Lopez, Humberto

    2008-01-01

    Crude oil prices have dramatically increased over the past years and are now at a historical maximum in nominal terms and very close to it in real terms. It is difficult to argue, at least for net oil importers, that higher oil prices have a positive impact on welfare. In fact, the negative relationship between oil prices and economic activity has been well documented in the literature. Ye...

  4. Updates to the Corn Ethanol Pathway and Development of an Integrated Corn and Corn Stover Ethanol Pathway in the GREET™ Model

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Zhichao [Argonne National Lab. (ANL), Argonne, IL (United States). Energy Systems Division; Dunn, Jennifer B. [Argonne National Lab. (ANL), Argonne, IL (United States). Energy Systems Division; Wang, Michael Q. [Argonne National Lab. (ANL), Argonne, IL (United States). Energy Systems Division

    2014-09-01

    Corn ethanol, a first-generation biofuel, is the predominant biofuel in the United States. In 2013, the total U.S. ethanol fuel production was 13.3 billion gallons, over 95% of which was produced from corn (RFA, 2014). The 2013 total renewable fuel mandate was 16.6 billion gallons according to the Energy Independence and Security Act (EISA) (U.S. Congress, 2007). Furthermore, until 2020, corn ethanol will make up a large portion of the renewable fuel volume mandated by Renewable Fuels Standard (RFS2). For the GREET1_2014 release, the corn ethanol pathway was subject to updates reflecting changes in corn agriculture and at corn ethanol plants. In the latter case, we especially focused on the incorporation of corn oil as a corn ethanol plant co-product. Section 2 covers these updates. In addition, GREET now includes options to integrate corn grain and corn stover ethanol production on the field and at the biorefinery. These changes are the focus of Section 3.

  5. Corn

    OpenAIRE

    Sherwood, Brianne; Hawks, Amanda

    2011-01-01

    We have so much corn right now it's coming out of our ears (great pun, right?). And it's SO incredibly cheap! This is probably because the US produces 42% of the world's corn! Most of it is used for animal feed, but other uses include exporting to other countries, human food, seed, and industrial uses such as ethanol production. Because there is so much corn available here in the U.S. You can find it in a lot more foods than you think. It's in peanut butter, snack foods, soft drinks, multivit...

  6. Water and Land Use Efficiency in Current and Potential Future US Corn and Brazilian Sugarcane Ethanol Systems

    Science.gov (United States)

    Warner, E. S.; Zhang, Y.; Newmark, R. L.

    2012-12-01

    average sugarcane ethanol system producing ethanol and electricity can save about 13 Mg CO2eq/ha of land compared to 12 in the early 2000s, while a recent average corn ethanol system saves about 6.2 Mg CO2eq/ha compared to near zero GHG savings in the early 2000s. The net energy balance (i.e., energy produced minus energy consumed) per ha for a recent average sugarcane ethanol system producing both ethanol and electricity is about 160 GJ/ha compared to 140 GJ/ha in early 2000s, while the recent average corn ethanol system achieves a net energy production of about 90 GJ/ha compares to only 30 GJ/ha in the early 2000s. The land use efficiency of corn and sugarcane ethanol systems, especially future systems, can vary depending on factors such as the assumed technologies, the suite of co-products produced, field practices, and technological learning. For example, projected future (2020) advanced sugarcane ethanol systems could save 22 Mg CO2eq/ha while an advanced corn ethanol system using integrated gasification of corn stover for electricity production could save 9.3Mg CO2eq/ha. Future advanced sugarcane ethanol systems could produce 210 GJ of net energy/ha while an advanced corn ethanol system using integrated gasification of corn stover for electricity production could achieve 110 GJ/ha.

  7. IMPORTANCE OF DELIVERY CONDITIONS IN THE EXTERNAL PRICE CALCULATION

    Directory of Open Access Journals (Sweden)

    Violeta ISAI

    2005-01-01

    Full Text Available The delivery conditions of the merchandise at export, established by the rules INCOTERMS2000, influence the external price structure. There are some conditions in which the external priceincludes only the value of the merchandise and other conditions in which, besides the value of themerchandise, the price includes also the external transport and insurance. In the case of the exportson commercial credit, when it appears the notion of external interest, this one may be included in theprice or may be invoiced separately, thus defining gross external prices and net external prices.

  8. Analyzing and Comparing Biomass Feedstock Supply Systems in China: Corn Stover and Sweet Sorghum Case Studies

    Directory of Open Access Journals (Sweden)

    Lantian Ren

    2015-06-01

    Full Text Available This paper analyzes the rural Chinese biomass supply system and models supply chain operations according to U.S. concepts of logistical unit operations: harvest and collection, storage, transportation, preprocessing, and handling and queuing. In this paper, we quantify the logistics cost of corn stover and sweet sorghum in China under different scenarios. We analyze three scenarios of corn stover logistics from northeast China and three scenarios of sweet sorghum stalks logistics from Inner Mongolia in China. The case study estimates that the logistics cost of corn stover and sweet sorghum stalk to be $52.95/dry metric ton and $52.64/dry metric ton, respectively, for the current labor-based biomass logistics system. However, if the feedstock logistics operation is mechanized, the cost of corn stover and sweet sorghum stalk decreases to $36.01/dry metric ton and $35.76/dry metric ton, respectively. The study also includes a sensitivity analysis to identify the cost factors that cause logistics cost variation. Results of the sensitivity analysis show that labor price has the most influence on the logistics cost of corn stover and sweet sorghum stalk, with a variation of $6 to $12/dry metric ton.

  9. Understanding the reductions in US corn ethanol production costs: An experience curve approach

    International Nuclear Information System (INIS)

    Hettinga, W.G.; Junginger, H.M.; Dekker, S.C.; Hoogwijk, M.; McAloon, A.J.; Hicks, K.B.

    2009-01-01

    The US is currently the world's largest ethanol producer. An increasing percentage is used as transportation fuel, but debates continue on its costs competitiveness and energy balance. In this study, technological development of ethanol production and resulting cost reductions are investigated by using the experience curve approach, scrutinizing costs of dry grind ethanol production over the timeframe 1980-2005. Cost reductions are differentiated between feedstock (corn) production and industrial (ethanol) processing. Corn production costs in the US have declined by 62% over 30 years, down to 100$ 2005 /tonne in 2005, while corn production volumes almost doubled since 1975. A progress ratio (PR) of 0.55 is calculated indicating a 45% cost decline over each doubling in cumulative production. Higher corn yields and increasing farm sizes are the most important drivers behind this cost decline. Industrial processing costs of ethanol have declined by 45% since 1983, to below 130$ 2005 /m 3 in 2005 (excluding costs for corn and capital), equivalent to a PR of 0.87. Total ethanol production costs (including capital and net corn costs) have declined approximately 60% from 800$ 2005 /m 3 in the early 1980s, to 300$ 2005 /m 3 in 2005. Higher ethanol yields, lower energy use and the replacement of beverage alcohol-based production technologies have mostly contributed to this substantial cost decline. In addition, the average size of dry grind ethanol plants increased by 235% since 1990. For the future it is estimated that solely due to technological learning, production costs of ethanol may decline 28-44%, though this excludes effects of the current rising corn and fossil fuel costs. It is also concluded that experience curves are a valuable tool to describe both past and potential future cost reductions in US corn-based ethanol production

  10. Impact of Corn Earworm (Lepidoptera: Noctuidae) on Field Corn (Poales: Poaceae) Yield and Grain Quality.

    Science.gov (United States)

    Bibb, Jenny L; Cook, Donald; Catchot, Angus; Musser, Fred; Stewart, Scott D; Leonard, Billy Rogers; Buntin, G David; Kerns, David; Allen, Tom W; Gore, Jeffrey

    2018-05-28

    Corn earworm, Helicoverpa zea (Boddie), commonly infests field corn, Zea mays (L.). The combination of corn plant biology, corn earworm behavior in corn ecosystems, and field corn value renders corn earworm management with foliar insecticides noneconomical. Corn technologies containing Bacillus thuringiensis (Bt) Berliner (Bacillales: Bacillaceae) were introduced that exhibit substantial efficacy against corn earworm and may reduce mycotoxin contamination in grain. The first generation Bt traits in field corn demonstrated limited activity on corn earworm feeding on grain. The pyramided corn technologies have greater cumulative protein concentrations and higher expression throughout the plant, so these corn traits should provide effective management of this pest. Additionally, reduced kernel injury may affect physical grain quality. Experiments were conducted during 2011-2012 to investigate corn earworm impact on field corn yield and grain quality. Treatments included field corn hybrids expressing the Herculex, YieldGard, and Genuity VT Triple Pro technologies. Supplemental insecticide treatments were applied every 1-2 d from silk emergence until silk senescence to create a range of injured kernels for each technology. No significant relationship between the number of corn earworm damaged kernels and yield was observed for any technology/hybrid. In these studies, corn earworm larvae did not cause enough damage to impact yield. Additionally, no consistent relationship between corn earworm damage and aflatoxin contamination was observed. Based on these data, the economic value of pyramided Bt corn traits to corn producers, in the southern United States, appears to be from management of other lepidopteran insect pests including European and southwestern corn borer.

  11. Endogenous versus exogenous generic reference pricing for pharmaceuticals.

    Science.gov (United States)

    Antoñanzas, F; Juárez-Castelló, C A; Rodríguez-Ibeas, R

    2017-12-01

    In this paper we carry out a vertical differentiation duopoly model applied to pharmaceutical markets to analyze how endogenous and exogenous generic reference pricing influence competition between generic and branded drugs producers. Unlike the literature, we characterize for the exogenous case the equilibrium prices for all feasible relevant reference prices. Competition is enhanced after the introduction of a reference pricing system. We also compare both reference pricing systems on welfare grounds, assuming two different objective functions for health authorities: (i) standard social welfare and (ii) gross consumer surplus net of total pharmaceutical expenditures. We show that regardless of the objective function, health authorities will never choose endogenous reference pricing. When health authorities are paternalistic, the exogenous reference price that maximizes standard social welfare is such that the price of the generic drug is the reference price while the price of the branded drug is higher than the reference price. When health authorities are not paternalistic, the optimal exogenous reference price is such that the price of the branded drug is the reference price while the price of the generic drug is lower than the reference price.

  12. Geographical and Temporal Dynamics of Chaetocnema Pulicaria and Their Role in Stewart's Disease of Corn in Iowa

    Energy Technology Data Exchange (ETDEWEB)

    Esker, Paul David [Iowa State Univ., Ames, IA (United States)

    2001-01-01

    This thesis investigated the biology and importance of the corn flea beetle vector and its role in the Stewart's disease of corn pathosystem. This was accomplished by determining the number of corn flea beetle generations that occur in Iowa and by quantifying the proportions of those populations found to be infested with the causal agent of Stewart's disease, pantoea stewartii. In addition, a preliminary study was conducted to determine how soil temperature was influenced by air temperature and how this may be applied to forecasting for Stewart's disease of corn. Research using yellow sticky cards and sweep netting demonstrated that there are overwintering, first, and second field generations of the corn flea beetle in Iowa. It was also observed that there was a period during June of both 1999 and 2000 when corn flea beetles were not found, which is important new management information. This research has also demonstrated that the incidence of P. stewartii-infested corn flea beetles can be monitored by ELISA testing and that the incidence fluctuates greatly throughout the corn growing season. The initial level of inoculum (P. stewartii-infested corn flea beetles in the adult overwintering generation) does not remain static during the spring as was previously hypothesized. This signals that additional research is needed concerning the mechanisms of fluctuation in the proportion of beetles infested with P. stewartii.

  13. The effects on digestibility and ruminal measures of chemically treated corn stover as a partial replacement for grain in dairy diets.

    Science.gov (United States)

    Cook, D E; Combs, D K; Doane, P H; Cecava, M J; Hall, M B

    2016-08-01

    Alkaline treatment of gramineous crop residues can convert an abundant, minimally utilized, poorly digestible straw into a moderately digestible feedstuff. Given the volatile nature of grain prices, substitution of treated stover for grain was investigated with dairy cows to provide insights on ruminal and digestibility effects of a feed option that makes use of alternative, available resources. The objective of this study was to evaluate changes in diet digestibility and ruminal effects when increasing levels of calcium oxide-treated corn stover (CaOSt) were substituted for corn grain in diets of lactating cows. Mature corn stover was treated with calcium oxide at a level of 50g∙kg(-1) dry matter (DM), brought up to a moisture content of 50% following bale grinding, and stored anaerobically at ambient temperatures for greater than 60d before the feeding experiment. Eight ruminally cannulated Holstein cows averaging 686kg of body weight and 35kg of milk∙d(-1) were enrolled in a replicated 4×4 Latin square, where CaOSt replaced corn grain on a DM basis in the ration at rates of 0, 40, 80, and 120g∙kg(-1) DM. All reported significant responses were linear. The DM intake declined by approximately 1kg per 4% increase in CaOSt inclusion. With increasing replacement of corn grain, dietary neutral detergent fiber (NDF) concentration increased. However, rumen NDF turnover, NDF digestibility, NDF passage rate, and digestion rate of potentially digestible NDF were unaffected by increasing CaOSt inclusion. Total-tract organic matter digestibility declined by 5 percentage units over the range of treatments, approximately 1.5 units per 4-percentage-unit substitution of CaOSt for grain. With increasing CaOSt, the molar proportions of butyrate and valerate declined, whereas the lowest detected ruminal pH increased from 5.83 to 5.94. Milk, fat, and protein yields declined as CaOSt increased and DM intake declined with the result that net energy in milk declined by

  14. Moderating factors of immediate, gross, and net cross-brand effects of price promotions

    NARCIS (Netherlands)

    C. Horváth (Csilla); D. Fok (Dennis)

    2013-01-01

    textabstractThis article examines cross-price promotional effects in a dynamic context. Among other things, we investigate whether previously established findings hold when consumer and competitive dynamics are taken into account. Five main influential effects (asymmetric price effect, neighborhood

  15. Commodity Price Volatility in the Biofuel Era: An Examination of the Linkage Between Energy and Agricultural Markets

    OpenAIRE

    Thomas W. Hertel; Jayson Beckman

    2011-01-01

    Agricultural and energy commodity prices have traditionally exhibited relatively low – even negative correlation. However, the recent increases in biofuel production have altered the agriculture-energy relationship in a fundamental way. The amount of corn utilized for ethanol production in the US has increased from 5% in 2001 to over one-third by the end of the decade. This increase has drawn corn previously sold to other uses (exports, food, feed), as well as acreage devoted to other crops (...

  16. Oil price fluctuations and U.S. dollar exchange rates

    International Nuclear Information System (INIS)

    Lizardo, Radhames A.; Mollick, Andre V.

    2010-01-01

    Adding oil prices to the monetary model of exchange rates, we find that oil prices significantly explain movements in the value of the U.S. dollar (USD) against major currencies from the 1970s to 2008. Our long-run and forecasting results are remarkably consistent with an oil-exchange rate relationship. Increases in real oil prices lead to a significant depreciation of the USD against net oil exporter currencies, such as Canada, Mexico, and Russia. On the other hand, the currencies of oil importers, such as Japan, depreciate relative to the USD when the real oil price goes up. (author)

  17. Corn silage from corn treated with foliar fungicide and performance of Holstein cows.

    Science.gov (United States)

    Haerr, K J; Lopes, N M; Pereira, M N; Fellows, G M; Cardoso, F C

    2015-12-01

    Foliar fungicide application to corn plants is used in corn aimed for corn silage in the dairy industry, but questions regarding frequency of application and its effect on corn silage quality and feed conversion when fed to dairy cows remain prevalent. The objective of this study was to evaluate the effects of various foliar fungicide applications to corn on dry matter intake (DMI), milk production, and milk composition when fed to dairy cows. Sixty-four Holstein cows with parity 2.5±1.5, 653±80kg of body weight, and 161±51d in milk were blocked and randomly assigned to 1 of 4 corn silage treatments (total mixed ration with 35% of the dry matter as corn silage). Treatments were as follows: control (CON), corn silage with no applications of foliar fungicide; treatment 1 (1X), corn silage from corn that received 1 application of pyraclostrobin (PYR) foliar fungicide (Headline; BASF Corp.) at corn vegetative stage 5; treatment 2 (2X), corn silage from corn that received the same application as 1X plus another application of a mixture of PYR and metconazole (Headline AMP; BASF Corp.) at corn reproductive stage 1 ("silking"); and treatment 3 (3X), corn silage from corn that received the same applications as 2X as well as a third application of PYR and metconazole at reproductive stage 3 ("milky kernel"). Corn was harvested at about 32% dry matter and 3/4 milk line stage of kernel development and ensiled for 200d. Treatments were fed to cows for 5wk, with the last week being used for statistical inferences. Week -1 was used as a covariate in the statistical analysis. Dry matter intake tended to be lower for cows fed corn silage treated with fungicide than CON (23.8, 23.0, 19.5, and 21.3kg for CON, 1X, 2X, and 3X, respectively). A linear treatment effect for DMI was observed, with DMI decreasing as foliar fungicide applications increased. Treatments CON, 1X, 2X, and 3X did not differ for milk yield (34.5, 34.5, 34.2, and 34.4kg/d, respectively); however, a trend for

  18. Modeling energy production of solar thermal systems and wind turbines for installation at corn ethanol plants

    Science.gov (United States)

    Ehrke, Elizabeth

    Nearly every aspect of human existence relies on energy in some way. Most of this energy is currently derived from fossil fuel resources. Increasing energy demands coupled with environmental and national security concerns have facilitated the move towards renewable energy sources. Biofuels like corn ethanol are one of the ways the U.S. has significantly reduced petroleum consumption. However, the large energy requirement of corn ethanol limits the net benefit of the fuel. Using renewable energy sources to produce ethanol can greatly improve its economic and environmental benefits. The main purpose of this study was to model the useful energy received from a solar thermal array and a wind turbine at various locations to determine the feasibility of applying these technologies at ethanol plants around the country. The model calculates thermal energy received from a solar collector array and electricity generated by a wind turbine utilizing various input data to characterize the equipment. Project cost and energy rate inputs are used to evaluate the profitability of the solar array or wind turbine. The current state of the wind and solar markets were examined to give an accurate representation of the economics of each industry. Eighteen ethanol plant locations were evaluated for the viability of a solar thermal array and/or wind turbine. All ethanol plant locations have long payback periods for solar thermal arrays, but high natural gas prices significantly reduce this timeframe. Government incentives will be necessary for the economic feasibility of solar thermal arrays. Wind turbines can be very profitable for ethanol plants in the Midwest due to large wind resources. The profitability of wind power is sensitive to regional energy prices. However, government incentives for wind power do not significantly change the economic feasibility of a wind turbine. This model can be used by current or future ethanol facilities to investigate or begin the planning process for a

  19. Maximizing cellulosic ethanol potentials by minimizing wastewater generation and energy consumption: Competing with corn ethanol.

    Science.gov (United States)

    Liu, Gang; Bao, Jie

    2017-12-01

    Energy consumption and wastewater generation in cellulosic ethanol production are among the determinant factors on overall cost and technology penetration into fuel ethanol industry. This study analyzed the energy consumption and wastewater generation by the new biorefining process technology, dry acid pretreatment and biodetoxification (DryPB), as well as by the current mainstream technologies. DryPB minimizes the steam consumption to 8.63GJ and wastewater generation to 7.71tons in the core steps of biorefining process for production of one metric ton of ethanol, close to 7.83GJ and 8.33tons in corn ethanol production, respectively. The relatively higher electricity consumption is compensated by large electricity surplus from lignin residue combustion. The minimum ethanol selling price (MESP) by DryPB is below $2/gal and falls into the range of corn ethanol production cost. The work indicates that the technical and economical gap between cellulosic ethanol and corn ethanol has been almost filled up. Copyright © 2017 Elsevier Ltd. All rights reserved.

  20. Agricultural Commodities and Crude Oil Prices: An Empirical Investigation of Their Relationship

    Directory of Open Access Journals (Sweden)

    Eleni Zafeiriou

    2018-04-01

    Full Text Available Within the last few decades, the extended use of biodiesel and bioethanol has established interlinkages between energy markets and agricultural commodity markets. The present work examines the bivariate relationships of crude oil–corn and crude oil–soybean futures prices with the assistance of the ARDL cointegration approach. Our findings confirm that crude oil prices affect the prices of agricultural products used in the production of biodiesel, as well as of ethanol, validating the interaction of energy and agricultural commodity markets. The practical value of the present work is that the findings provide policy makers with insight into the interlinkages between agricultural and energy markets to promote biodiesel or bioethanol by affecting crude oil prices. The novelty of the present work stands on the use of futures prices that incorporate all available information and thus are more appropriate to identify supply and demand shocks and price spillovers than real prices. Finally, the period of study includes extremely low, as well as extremely high, crude oil prices and the results illustrate that biofuels cannot be substituted for crude oil and protect economies from energy volatility.

  1. Life-cycle energy and greenhouse gas emission impacts of different corn ethanol plant types

    International Nuclear Information System (INIS)

    Wang, Michael; Wu, May; Hong Huo

    2007-01-01

    Since the United States began a programme to develop ethanol as a transportation fuel, its use has increased from 175 million gallons in 1980 to 4.9 billion gallons in 2006. Virtually all of the ethanol used for transportation has been produced from corn. During the period of fuel ethanol growth, corn farming productivity has increased dramatically, and energy use in ethanol plants has been reduced by almost by half. The majority of corn ethanol plants are powered by natural gas. However, as natural gas prices have skyrocketed over the last several years, efforts have been made to further reduce the energy used in ethanol plants or to switch from natural gas to other fuels, such as coal and wood chips. In this paper, we examine nine corn ethanol plant types-categorized according to the type of process fuels employed, use of combined heat and power, and production of wet distiller grains and solubles. We found that these ethanol plant types can have distinctly different energy and greenhouse gas emission effects on a full fuel-cycle basis. In particular, greenhouse gas emission impacts can vary significantly-from a 3% increase if coal is the process fuel to a 52% reduction if wood chips are used. Our results show that, in order to achieve energy and greenhouse gas emission benefits, researchers need to closely examine and differentiate among the types of plants used to produce corn ethanol so that corn ethanol production would move towards a more sustainable path

  2. Impact of fuel-dependent electricity retail charges on the value of net-metered PV applications in vertically integrated systems

    International Nuclear Information System (INIS)

    Nikolaidis, Alexandros I.; Milidonis, Andreas; Charalambous, Charalambos A.

    2015-01-01

    Retail electricity charges inevitably influence the financial rationale of using net-metered photovoltaic (PV) applications since their structure as well as their level may vary significantly over the life-cycle of a customer-sited PV generation system. This subsequently introduces a further uncertainty for a ratepayer considering a net-metered PV investment. To thoroughly comprehend this uncertainty, the paper employs a top-down approach – in vertically integrated environments – to model the volatility of partially hedged electricity charges and its subsequent impact on the value of bill savings from net-metered PV systems. Besides the utility's pricing strategy and rate structures, particular emphasis is given in modeling the fossil fuel mix component that introduces a significant source of uncertainty on electricity charges and thus on the value of bill savings of net-metered, customer-sited, PV applications. - Highlights: • A top-down approach of developing traditional electricity charges is provided. • The combined effect of pricing strategies, rate structures and fuels is examined. • Fossil fuel prices can substantially affect the net metering compensation. • A financial risk assessment for net-metered PV systems is performed

  3. Market interdependence among commodity prices based on information transmission on the Internet

    Science.gov (United States)

    Ji, Qiang; Guo, Jian-Feng

    2015-05-01

    Human behaviour on the Internet has become a synchro-projection of real society. In this paper, we introduce the public concern derived from query volumes on the Web to empirically analyse the influence of information on commodity markets (e.g., crude oil, heating oil, corn and gold) using multivariate GARCH models based on dynamic conditional correlations. The analysis found that the changes of public concern on the Internet can well depict the changes of market prices, as the former has significant Granger causality effects on market prices. The findings indicate that the information of external shocks to commodity markets could be transmitted quickly, and commodity markets easily absorb the public concern of the information-sensitive traders. Finally, the conditional correlation among commodity prices varies dramatically over time.

  4. Stacked -gene hybrids were not found to be superior to glyphosate resistant or Non-GMO corn hybrids

    Science.gov (United States)

    Seed costs of modern corn hybrids genetically modified with multiple traits for insect and herbicide resistance “stacked-gene” are in excess of $100.00 US per acre. Yields and net returns per acre along with yield component data were determined for ten hybrids, four stacked-gene, four glyphosate re...

  5. A Robust Rational Route to in a Simple Asset Pricing Model

    OpenAIRE

    Hommes, C.H.; Huang, H.; Wang, D.

    2002-01-01

    We investigate asset pricing dynamics in an adaptive evolutionary asset pricing model with fundamentalists, trend followers and a market maker. Agents can choose between a fundamentalist strategy at positive information cost or choose a trend following strategy for free. Price adjustment is proportional to the excess demand in the asset market. Agents asynchronously update their strategy according to realized net profits in the recent past. As agents become more sensitive to differences in st...

  6. Food Prices and Climate Extremes: A Model of Global Grain Price Variability with Storage

    Science.gov (United States)

    Otto, C.; Schewe, J.; Frieler, K.

    2015-12-01

    Extreme climate events such as droughts, floods, or heat waves affect agricultural production in major cropping regions and therefore impact the world market prices of staple crops. In the last decade, crop prices exhibited two very prominent price peaks in 2007-2008 and 2010-2011, threatening food security especially for poorer countries that are net importers of grain. There is evidence that these spikes in grain prices were at least partly triggered by actual supply shortages and the expectation of bad harvests. However, the response of the market to supply shocks is nonlinear and depends on complex and interlinked processes such as warehousing, speculation, and trade policies. Quantifying the contributions of such different factors to short-term price variability remains difficult, not least because many existing models ignore the role of storage which becomes important on short timescales. This in turn impedes the assessment of future climate change impacts on food prices. Here, we present a simple model of annual world grain prices that integrates grain stocks into the supply and demand functions. This firstly allows us to model explicitly the effect of storage strategies on world market price, and thus, for the first time, to quantify the potential contribution of trade policies to price variability in a simple global framework. Driven only by reported production and by long--term demand trends of the past ca. 40 years, the model reproduces observed variations in both the global storage volume and price of wheat. We demonstrate how recent price peaks can be reproduced by accounting for documented changes in storage strategies and trade policies, contrasting and complementing previous explanations based on different mechanisms such as speculation. Secondly, we show how the integration of storage allows long-term projections of grain price variability under climate change, based on existing crop yield scenarios.

  7. Replacement Value of Untreated or Fungal Treated Carrot Leaves for Corn in Broiler Diet

    International Nuclear Information System (INIS)

    El-Faramawy, A.A.

    2006-01-01

    Three hundred (21 days old) Arbor Acre chicks were used to evaluate the replacement value of untreated or Aspergillus niger treated carrot leaves for corn in broiler diets. Birds were fed a control diet or diets in which 10% untreated or treated carrot leaves was quantitatively substituted for corn in the control diet. Replacement of yellow corn with 10% untreated and treated carrot leaves caused insignificant (P 0.01) in both experimental groups compared to control. These results denoted that although there were negligible changes in body weight and mortality rate in broiler chicken fed untreated and treated carrot leaves the amino acid profile of carcasses lessen their nutritive value which is in consequence reflected negatively on human amino acids intake. Poultry production represents one of the quickest means of correcting the anomaly of protein inadequacy, yet the rising cost of feed which represents 70-80% of the cost of production among other costs, is a major setback (Opera. 1996). The price of most conventional feed ingredients such as yellow corn, soybean meal and fish meal is so high in recent time that it is becoming uneconomical to use them in poultry feeding (Esonu et al., 2001). Consequently poultry feed researchers have been forced to seek alternative and cheaper feed resources

  8. THE EFFECTS OF SWINGS IN GLOBAL WHEAT PRICES ON THE DOMESTIC MARKETS IN AFGHANISTAN

    Directory of Open Access Journals (Sweden)

    Najibullah Hassanzoy

    2016-10-01

    Full Text Available The recent shocks in global prices of cereals and the spillover effects of trade restrictive policies adversely affected domestic markets, particularly in the net food importing countries such as Afghanistan. This paper investigates the effects of 2007–2008 spikes in global wheat prices on the dynamics of price transmission and long-run equilibrium relationship between global and domestic wheat markets. The findings indicate that domestic and global wheat markets may be cointegrated in Regime-I (pre-break, Regime-II (post-break and the overall sample period. Moreover, the elasticity of price transmission and speed of adjustment towards the long-run equilibrium are substantially different between the two regimes, i.e., they appear to be larger in Regime-I as compared to Regime-II. Similarly, the effect of a shock in global wheat prices on domestic wheat markets might be long-lasting in Regime-I but transitory in Regime-II. This research underlines the need for mitigating the adverse effect of spikes in global wheat prices on domestic wheat markets in the context of a landlocked net food importing country.

  9. Kernel compositions of glyphosate-tolerant and corn rootworm-protected MON 88017 sweet corn and insect-protected MON 89034 sweet corn are equivalent to that of conventional sweet corn (Zea mays).

    Science.gov (United States)

    Curran, Kassie L; Festa, Adam R; Goddard, Scott D; Harrigan, George G; Taylor, Mary L

    2015-03-25

    Monsanto Co. has developed two sweet corn hybrids, MON 88017 and MON 89034, that contain biotechnology-derived (biotech) traits designed to enhance sustainability and improve agronomic practices. MON 88017 confers benefits of glyphosate tolerance and protection against corn rootworm. MON 89034 provides protection against European corn borer and other lepidopteran insect pests. The purpose of this assessment was to compare the kernel compositions of MON 88017 and MON 89034 sweet corn with that of a conventional control that has a genetic background similar to the biotech sweet corn but does not express the biotechnology-derived traits. The sweet corn samples were grown at five replicated sites in the United States during the 2010 growing season and the conventional hybrid and 17 reference hybrids were grown concurrently to provide an estimate of natural variability for all assessed components. The compositional analysis included proximates, fibers, amino acids, sugars, vitamins, minerals, and selected metabolites. Results highlighted that MON 88017 and MON 89034 sweet corns were compositionally equivalent to the conventional control and that levels of the components essential to the desired properties of sweet corn, such as sugars and vitamins, were more affected by growing environment than the biotech traits. In summary, the benefits of biotech traits can be incorporated into sweet corn with no adverse effects on nutritional quality.

  10. Price-Cost Ratios in Higher Education: Subsidy Structure and Policy Implications

    Science.gov (United States)

    Xie, Yan

    2010-01-01

    The diversity of US institutions of higher education is manifested in many ways. This study looks at that diversity from the economic perspective by studying the subsidy structure through the distribution of institutional price-cost ratio (PCR), defined as the sum of net tuition price divided by total supplier cost and equals to one minus…

  11. Our Mother Corn.

    Science.gov (United States)

    Mathers, Sherry; And Others

    Developed to provide an understanding of the magnitude of the role of corn, referred to as Mother Corn in the cultures of the Seneca, Pawnee, and Hopi tribes, the student text provides information on the tribes' basic lifestyles and the way they grew and used corn in three different parts of the United States. The section on the origin of corn…

  12. Partitioning carbon fluxes from a Midwestern corn and soybean rotation system using footprint analysis

    Science.gov (United States)

    Dold, C.; Hatfield, J.; Prueger, J. H.; Wacha, K.

    2017-12-01

    Midwestern US agriculture is dominated by corn and soybean production. Corn has typically higher Net Ecosystem Exchange (NEE) than soybean due to increased carboxylation efficiency and different crop management. The conjoined NEE may be measured with eddy covariance (EC) stations covering both crops, however, it is often unclear what the contribution of each crop is, as the CO2 source area remains unknown. The aim of this study was to quantify the contribution of CO2 fluxes from each crop for a conventional corn-soybean rotation system from 2007 - 2015. Therefore, the combined CO2 flux of three adjacent fields with annual corn-soybean rotation was measured with a 9.1 m EC tower (Flux 30). In the center of two of these fields, additional EC towers (Flux 10 and Flux 11) were positioned above the corn and soybean canopy to validate Flux 30 NEE. For each EC system the annual 90% NEE footprint area was calculated, footprints were partitioned among fields, and NEE separated accordingly. The average annual 90% footprint area of Flux 30, and Flux 10/11 corn and soybean was estimated to 206, 11 and 7 ha, respectively. The annual average (±SE) NEE of Flux 30 was -693 ± 47 g CO2 m-2 yr-1, of which 83% out of 90% originated from the three adjacent fields. Corn and soybean NEE measured at Flux 10 and 11 was -1124 ± 95 and 173 ± 73 g CO2 m-2 yr-1, respectively, and 89% and 90% originated from these fields. That demonstrates, that Flux 30 represents the combined NEE of a corn-soybean rotation, and Flux 10 and 11 measured NEE from a single crop. However, the share of Flux 30 NEE originating from corn and soybean grown on the Flux 10/11 fields was -192 ± 16 and -205 ± 18 g CO2 m-2 yr-1, indicating a substantial difference to single crop NEE. While it was possible to measure the NEE of a corn-soybean rotation with a tall EC tower, footprint partitioning could not retrieve NEE for each crop, probably due to differences in measurement height and footprint source area.

  13. Energy balance concept in the evaluation of water table management effects on corn growth: experimental investigation

    International Nuclear Information System (INIS)

    Kalita, P.K.; Kanwar, R.S.

    1992-01-01

    The effects of water table management practices (WTMP) on corn growth in 1989 and 1990 at two field sites, Ames and Ankeny, Iowa, were evaluated by calculating crop water stress index (CWSI) and monitoring plant physiological parameters during the growing seasons. Experiments were conducted on field lysimeters at the Ames site by maintaining water tables at 0.3-, 0.6-, and 0.9-m depths and in a subirrigation field at the Ankeny site with 0.2-, 0.3-, 0.6-, 0.9-, and 1.1-m water table depths, and periodically measuring leaf and air temperature, transpiration rate, stomatal conductance, and photosynthetically active radiation (PAR) using leaf chamber techniques. Net radiation of canopy was estimated using the leaf energy balance equation and leaf chamber measurements and then correlated with PAR. Analysis of data revealed that net radiation, leaf air temperature differential, transpiration rate, stomatal conductance, and CWSI were strongly related to WTMP during vegetative and flowering stages of corn growth. Excess water in the root zone with a water table depth of 0.2 m caused the maximum crop water stress and ceased crop growth. Both water and oxygen could be adequately maintained for favorable crop growth by adopting the best WTMP. Results indicate that plant physiological parameters and CWSI could be used to evaluate the effectiveness of WTMP and develop the best WTMP for corn growth in the humid region

  14. Net effects of gasoline price changes on transit ridership in U.S. urban areas.

    Science.gov (United States)

    2014-12-01

    Using panel data of transit ridership and gasoline prices for ten selected U.S. urbanized areas over the time period of 2002 to 2011, : this study analyzes the effect of gasoline prices on ridership of the four main transit modesbus, light rail, h...

  15. Process and economic evaluation of the extraction and purification of recombinant beta-glucuronidase from transgenic corn

    Science.gov (United States)

    Evangelista; Kusnadi; Howard; Nikolov

    1998-07-01

    A process model for the recovery and purification of recombinant beta-glucuronidase (rGUS) from transgenic corn was developed, and the process economics were estimated. The base-case bioprocessing plant operates 7500 h/year processing 1.74 million (MM) kg of transgenic corn containing 0.015% (db) rGUS. The process consists of milling the corn into flour, extraction of protein by using 50 mM sodium phosphate buffer, and rGUS purification by ion exchange and hydrophobic interaction chromatography. About 137 kg of rGUS of 83% (db) purity can be produced annually. The production cost amounted to $43 000/kg of rGUS. The cost of milling, protein extraction, and rGUS purification accounted for 6, 40, and 48% of annual operating cost, respectively. The cost of transgenic corn was 31% of the raw material costs or 6% of the annual operating cost. About 78% of the cost of buffer and water were incurred in the protein extraction section, while 88% of other consumables were from the purification section. The sensitivity analysis indicated that rGUS can be produced profitably from corn even at the 0.015% (db) expression level, assuming a selling price of $100 000/kg GUS. An increase in rGUS expression levels up to 0.08% significantly improves the process economics.

  16. Does China factor matter? An econometric analysis of international crude oil prices

    International Nuclear Information System (INIS)

    Wu, Gang; Zhang, Yue-Jun

    2014-01-01

    Whether China’s crude oil imports are the culprit of oil price volatility these years has not been quantitatively confirmed. Therefore, this paper empirically investigates the role of China’s crude oil net imports in Brent price changes from October 2005 to November 2013 based on an econometric analysis. The results indicate that, during the sample period, China’s crude oil imports do not significantly affect Brent price changes, no matter in the long run or short run. Therefore, the blame for China’s crude oil imports to cause the dramatic fluctuations of international oil price has no solid evidence. Also, there exists significant uni-directional causality running from the Brent price to China's crude oil imports at the 5% level. Besides, the response of the Brent price to China's crude oil imports is found positive but slight, and the Brent price responds more significantly to US dollar exchange rate and OECD commercial inventory than to China’s crude oil imports in the short run. Finally, the contribution of China's crude oil imports to Brent price movement is about 10%, which is less than that of US dollar exchange rate but larger than that of Indian crude oil imports or OECD commercial inventory. - Highlights: • The paper detects the role of China’s crude oil imports in Brent oil price changes. • China’s crude imports do not matter for oil prices in the long run or short run. • The blame for China’s crude imports on oil price changes has no solid evidence. • Significant causality runs from Brent prices to China's crude oil net imports. • China's crude imports contribute less to Brent prices than US dollar exchange rate

  17. Pricing of medical devices under coverage uncertainty--a modelling approach.

    Science.gov (United States)

    Girling, Alan J; Lilford, Richard J; Young, Terry P

    2012-12-01

    Product vendors and manufacturers are increasingly aware that purchasers of health care will fund new clinical treatments only if they are perceived to deliver value-for-money. This influences companies' internal commercial decisions, including the price they set for their products. Other things being equal, there is a price threshold, which is the maximum price at which the device will be funded and which, if its value were known, would play a central role in price determination. This paper examines the problem of pricing a medical device from the vendor's point of view in the presence of uncertainty about what the price threshold will be. A formal solution is obtained by maximising the expected value of the net revenue function, assuming a Bayesian prior distribution for the price threshold. A least admissible price is identified. The model can also be used as a tool for analysing proposed pricing policies when no formal prior specification of uncertainty is available. Copyright © 2011 John Wiley & Sons, Ltd.

  18. Substituição do milho por farelo de trigo ou farelo de glúten de milho na ração de bovinos de corte em terminação - DOI: 10.4025/actascianimsci.v29i1.251 Substitution of corn grain by wheat middlings or corn gluten feed in the finishing bulls diet - DOI: 10.4025/actascianimsci.v29i1.251

    Directory of Open Access Journals (Sweden)

    Térssio Roger Ramalho

    2007-11-01

    Full Text Available O objetivo do trabalho foi avaliar a substituição do milho moído fino (MM por farelo de trigo (FT ou farelo de glúten de milho (FGM na ração de 36 bovinos não castrados, em terminação (14 meses; peso inicial de 382 kg durante 87 dias. A ração continha 24% de silagem de capim e 76% de concentrado, constituído por polpa cítrica, farelo de soja, uréia, minerais, bicarbonato de sódio e monensina sódica, além de uma das fontes energéticas testadas. A substituição de MM por FT aumentou a ingestão de FDN (pThe objective of this work was to evaluate the substitution of finely ground (GC corn by wheat middlings (WM or dried corn gluten feed (CGF in finishing feedlot diets. Thirty-six yearling bulls (382 kg average initial live weight; 14 months old were fed during 87 days. The diets contained 24% grass silage and 76% concentrate, formulated with dried citrus pulp, soybean meal, urea, mineral-vitamin mix, sodium bicarbonate, sodium monensin, and one of the energy sources tested. The substitution of wheat middlings for corn increased NDF intake (p<0.05. However, no effect was observed on other measured parameters. Substitution of corn gluten feed for ground corn reduced dry matter intake (p<0.05 and average daily gain (p<0.10, increased NDF intake (p<0.05, but had no effect on feed efficiency. These diets showed no differences in the observed values of net energy of maintenance or gain. The ratio observed/expected net energy for the diet differs from the other treatments. For this type of diet, GC may be completely replaced by WM or CGF with no depression on feed efficiency or on diet net energy. NRC (2001 underestimates TDN values and net energy estimates for WM and CGF.

  19. Energy consumption, greenhouse gas emissions and assessment of sustainability index in corn agroecosystems of Iran.

    Science.gov (United States)

    Yousefi, Mohammad; Damghani, Abdolmajid Mahdavi; Khoramivafa, Mahmud

    2014-09-15

    The objectives of this study were to assess the energy flow, greenhouse gas (GHG) emission, global warming potential (GWP) and sustainability of corn production systems in Kermanshah province, western Iran. The data were collected from 70 corn agroecosystems which were selected based on randomly sampled method in the summer of 2011. The results indicated that total input and output energy were 50,485 and 134,946 MJ ha(-1), respectively. The highest share of total input energy in corn production systems was recorded for N fertilizer, electricity power and diesel fuel with 35, 25 and 20%, respectively. Energy use efficiency and energy productivity were 2.67 and 0.18 kg MJ(-1), respectively. Also agrochemical energy ratio was estimated as 40%. Applying chemical inputs produced the following emissions of greenhouse gases: 2994.66 kg CO2, 31.58 kg N2O and 3.82 kg CH4 per hectare. Hence, total GWP was 12,864.84 kg Co2eq ha(-1) in corn production systems. In terms of CO2 equivalents 23% of the GWPs came from CO2, 76% from N2O, and 1% from CH4. In this study input and output C equivalents per total GHG and Biomass production were 3508.59 and 10,696.34 kg Cha(-1). Net carbon and sustainability indexes in corn production systems were 7187.75 kg Cha(-1) and 2.05. Accordingly, efficient use of energy is essential to reduce the greenhouse gas emissions and environmental impact in corn agroecosystems. Copyright © 2014 Elsevier B.V. All rights reserved.

  20. Shopping Center Financing: Pricing Loan Default Risk

    OpenAIRE

    Peter Chinloy; James Musumeci

    1994-01-01

    The financing structure of a shopping center is decomposed into an income security and two put options. These put options are respectively held by the borrower against the lender for default, and by the lender against an insurer or reinsurer. The prices of the put option depend on the loan-to-value ration of the loan and on the risk of the investment. The interest rate charged on the loan is the sum of four components: a riskless rate, lender production costs, and the net price of the put opt...

  1. Markets, voucher subsidies and free nets combine to achieve high bed net coverage in rural Tanzania

    Directory of Open Access Journals (Sweden)

    Gerrets Rene PM

    2008-06-01

    Full Text Available Abstract Background Tanzania has a well-developed network of commercial ITN retailers. In 2004, the government introduced a voucher subsidy for pregnant women and, in mid 2005, helped distribute free nets to under-fives in small number of districts, including Rufiji on the southern coast, during a child health campaign. Contributions of these multiple insecticide-treated net delivery strategies existing at the same time and place to coverage in a poor rural community were assessed. Methods Cross-sectional household survey in 6,331 members of randomly selected 1,752 households of 31 rural villages of Demographic Surveillance System in Rufiji district, Southern Tanzania was conducted in 2006. A questionnaire was administered to every consenting respondent about net use, treatment status and delivery mechanism. Findings Net use was 62.7% overall, 87.2% amongst infants (0 to1 year, 81.8% amongst young children (>1 to 5 years, 54.5% amongst older children (6 to 15 years and 59.6% amongst adults (>15 years. 30.2% of all nets had been treated six months prior to interview. The biggest source of nets used by infants was purchase from the private sector with a voucher subsidy (41.8%. Half of nets used by young children (50.0% and over a third of those used by older children (37.2% were obtained free of charge through the vaccination campaign. The largest source of nets amongst the population overall was commercial purchase (45.1% use and was the primary means for protecting adults (60.2% use. All delivery mechanisms, especially sale of nets at full market price, under-served the poorest but no difference in equity was observed between voucher-subsidized and freely distributed nets. Conclusion All three delivery strategies enabled a poor rural community to achieve net coverage high enough to yield both personal and community level protection for the entire population. Each of them reached their relevant target group and free nets only temporarily

  2. The Pricing of natural gas

    International Nuclear Information System (INIS)

    Nese, Gjermund

    2004-11-01

    The report focuses on the pricing of natural gas. The motivation has been the wish of the Norwegian authorities to increase the use of natural gas and that this should follow market conditions. The pricing of gas occurs at present in various ways in the different markets. The report identifies to main factors behind the pricing. 1) The type of market i.e. how far the liberalization of the gas markets has gone in the various countries. 2) The development within the regulation, climate and tax policies. The gas markets are undergoing as the energy markets in general, a liberalization process where the traditional monopoly based market structures are replaced by markets based on competition. There are great differences in the liberalization development of the various countries, which is reflected in the various pricing principles applied for the trade of gas in the countries. The analysis shows that the net-back-pricing is predominant in some countries i.e. that the price is in various ways indexed towards and follow the development of the price of alternative energy carriers so that the gas may be able to compete. The development towards trade places for gas where the pricing is based on offer and demand is already underway. As the liberalization of the European gas markets progresses it is expected that the gas price will be determined increasingly at spot markets instead of through bilateral agreements between monopolistic corporations. The development within the regulation, climate and tax policies and to what extent this may influence the gas prices in the future, are also studied. There seem to be effects that may pull in both directions but it is evident that these political variables will influence the gas pricing in the international market to a large extent and thereby also the future internal natural gas market

  3. Aspen Plus simulation of biomass integrated gasification combined cycle systems at corn ethanol plants

    International Nuclear Information System (INIS)

    Zheng, Huixiao; Kaliyan, Nalladurai; Morey, R. Vance

    2013-01-01

    Biomass integrated gasification combined cycle (BIGCC) systems and natural gas combined cycle (NGCC) systems are employed to provide heat and electricity to a 0.19 hm 3 y −1 (50 million gallon per year) corn ethanol plant using different fuels (syrup and corn stover, corn stover alone, and natural gas). Aspen Plus simulations of BIGCC/NGCC systems are performed to study effects of different fuels, gas turbine compression pressure, dryers (steam tube or superheated steam) for biomass fuels and ethanol co-products, and steam tube dryer exhaust treatment methods. The goal is to maximize electricity generation while meeting process heat needs of the plant. At fuel input rates of 110 MW, BIGCC systems with steam tube dryers provide 20–25 MW of power to the grid with system thermal efficiencies (net power generated plus process heat rate divided by fuel input rate) of 69–74%. NGCC systems with steam tube dryers provide 26–30 MW of power to the grid with system thermal efficiencies of 74–78%. BIGCC systems with superheated steam dryers provide 20–22 MW of power to the grid with system thermal efficiencies of 53–56%. The life-cycle greenhouse gas (GHG) emission reduction for conventional corn ethanol compared to gasoline is 39% for process heat with natural gas (grid electricity), 117% for BIGCC with syrup and corn stover fuel, 124% for BIGCC with corn stover fuel, and 93% for NGCC with natural gas fuel. These GHG emission estimates do not include indirect land use change effects. -- Highlights: •BIGCC and natural gas combined cycle systems at corn ethanol plants are simulated. •The best performance results in 25–30 MW power to grid. •The best performance results in 74–78% system thermal efficiencies. •GHG reduction for corn ethanol with BIGCC systems compared to gasoline is over 100%

  4. Assessing Pricing and Aid Strategies: Rethinking Planning and Evaluation Practices. AIR 1994 Annual Forum Paper.

    Science.gov (United States)

    St. John, Edward P.

    This paper explores the need for a better understanding of the influences of prices and student aid on student enrollment and college budgets. The theory of net price has not been found to adequately explain changes in enrollment. Based on a critical review of recent research on student price response, this paper develops an alternative approach…

  5. Fuel ethanol production from sugarcane and corn: Comparative analysis for a Colombian case

    International Nuclear Information System (INIS)

    Quintero, J.A.; Montoya, M.I.; Sanchez, O.J.; Giraldo, O.H.; Cardona, C.A.

    2008-01-01

    The Colombian government has defined the use of bioethanol as a gasoline enhancer to reduce greenhouse gases, gasoline imports, and to boost the rural economy. To meet the projected fuel ethanol demand needed to oxygenate the gasoline in the whole country, the construction of about five additional ethanol production plants is required. For this, a comparative analysis of the technological options using different feedstocks should be performed. In this work, a comparison of the economical and environmental performance of the ethanol production process from sugarcane and corn under Colombian conditions has been carried out. Net present value and total output rate of potential environmental impact were used as the economical and environmental indicators, respectively. Through the integration of these indicators into one index by using the analytical hierarchy process (AHP) approach, sugarcane ethanol process was determined as the best choice for Colombian ethanol production facilities. AHP scores obtained in this study for sugarcane and corn ethanol were 0.571 and 0.429, respectively. However, starchy crops like corn, cassava or potatoes used as feedstock for ethanol production could potentially cause a higher impact on the rural communities and boost their economies if social matters are considered

  6. Possible effects of the Worldwide production of ethanol in two of the main countries that imports corn. South Korea and Mexico

    Directory of Open Access Journals (Sweden)

    Saúl Martínez González

    2010-01-01

    Full Text Available South Korea is the second largest importer of corn and Mexico is the third. Although the corn has its origin in this country, since 1994 Mexico has become one of the major importers in the world. This essay examines the possible economic implications for Mexico and Korea for the increased production of ethanol from corn. The analysis parts of the close relationship of three interconnected problems, which are at the root of the current energy crisis: global warming, oil crisis and biofuel production. This is causing a global food crisis. The production of ethanol from corn is emerging as an alternative that may address global warming and attacking the alleged shortage of oil, which has resulted in rising prices. The point in discussion is what are the possible effects of policies to induce the production of biofuels (ethanol on the main importers of corn. That’s why the current status of the ethanol industry is analyzed, whose main protagonists on the world stage are the United States and Brazil. Then we made a brief analysis of the market of corn. Finally, based on the foregoing, we reflect on the possible implications it might have on the development of food production of etanol.

  7. Energy consumption, greenhouse gas emissions and assessment of sustainability index in corn agroecosystems of Iran

    International Nuclear Information System (INIS)

    Yousefi, Mohammad; Damghani, Abdolmajid Mahdavi; Khoramivafa, Mahmud

    2014-01-01

    The objectives of this study were to assess the energy flow, greenhouse gas (GHG) emission, global warming potential (GWP) and sustainability of corn production systems in Kermanshah province, western Iran. The data were collected from 70 corn agroecosystems which were selected based on randomly sampled method in the summer of 2011. The results indicated that total input and output energy were 50,485 and 134,946 MJ ha −1 , respectively. The highest share of total input energy in corn production systems was recorded for N fertilizer, electricity power and diesel fuel with 35, 25 and 20%, respectively. Energy use efficiency and energy productivity were 2.67 and 0.18 kg MJ −1 , respectively. Also agrochemical energy ratio was estimated as 40%. Applying chemical inputs produced the following emissions of greenhouse gases: 2994.66 kg CO 2, 31.58 kg N 2 O and 3.82 kg CH 4 per hectare . Hence, total GWP was 12,864.84 kg Co 2 eq ha −1 in corn production systems. In terms of CO 2 equivalents 23% of the GWPs came from CO 2 , 76% from N 2 O, and 1% from CH 4 . In this study input and output C equivalents per total GHG and Biomass production were 3508.59 and 10,696.34 kg C ha −1 . Net carbon and sustainability indexes in corn production systems were 7187.75 kg C ha −1 and 2.05. Accordingly, efficient use of energy is essential to reduce the greenhouse gas emissions and environmental impact in corn agroecosystems. - Highlights: • Increasing of energy consumption leaded to decreasing energy use efficiency in corn agroecosystems. • Total greenhouse gas (GHG) emission as CO 2 , N 2 O and CH 4 in corn production systems were 2994.66, 31.58 and 3.82 kg ha -1 , respectively. • Global warming potential (GWP) was 12864.84 kg CO 2 eq ha -1 in corn production systems. • Sustainability index in corn production systems was 2.05. • Reducing use of chemicals fertilizer and diesel fuel are necessary for better management of energy flow, global warming potential and

  8. High titer L-lactic acid production from corn stover with minimum wastewater generation and techno-economic evaluation based on Aspen plus modeling.

    Science.gov (United States)

    Liu, Gang; Sun, Jiaoe; Zhang, Jian; Tu, Yi; Bao, Jie

    2015-12-01

    Technological potentials of l-lactic acid production from corn stover feedstock were investigated by experimental and techno-economic studies. An optimal performance with 104.5 g/L in l-lactic acid titer and 71.5% in overall yield from cellulose in corn stover to l-lactic acid using an engineered Pediococcus acidilactici strain were obtained by overcoming several technical barriers. A rigorous Aspen plus model for l-lactic acid production starting from dry dilute acid pretreated and biodetoxified corn stover was developed. The techno-economic analysis shows that the minimum l-lactic acid selling price (MLSP) was $0.523 per kg, which was close to that of the commercial l-lactic acid produced from starch feedstock, and 24% less expensive than that of ethanol from corn stover, even though the xylose utilization was not considered. The study provided a prototype of industrial application and an evaluation model for high titer l-lactic acid production from lignocellulose feedstock. Copyright © 2015 Elsevier Ltd. All rights reserved.

  9. Maximising net returns to fertiliser use by financially constrained

    African Journals Online (AJOL)

    ACSS

    2013, National Agricultural Research Organisation ... for typical fertiliser use costs and grain prices in Uganda was greatest for a ... to maximise net returns to fertiliser use for finance-limited crop management in ... maximum profit ha-1 where the additional ... Potassium effects were not significant for cereal crops and bean.

  10. The price of oil and the future of Middle East Gas

    International Nuclear Information System (INIS)

    Zaki Yamani, A.

    1997-01-01

    Most LNG contracts relate the LNG price received by the supplier at the point of delivery to a relevant oil price. Gas and oil are thus closely connected so that when the price of landed oil decreases so dose the price of delivered LNG. With large fixed transportation and liquefaction costs, accounting for around 85% of the supply cost of delivered LNG in the case of Qatari LNG supplied to japan, you can imagine how large falls in the price paid for delivered LNG would squeeze the net back to the producer back in Qatar. However, low oil price can do some damage to the economics of existing LNG projects in the Middle East. More importantly, persistently low oil prices can prevent new LNG projects from leaving the drawing board-which will stifle the exciting export potential of Middle Eastern gas

  11. Legumes and forage species sole or intercropped with corn in soybean-corn succession in midwestern Brazil

    Directory of Open Access Journals (Sweden)

    Gessí Ceccon

    2013-02-01

    Full Text Available The feasibility of no-tillage in the Cerrado (Savanna-like vegetation of Brazil depends on the production of sufficient above-ground crop residue, which can be increased by corn-forage intercropping. This study evaluated how above-ground crop residue production and yields of soybean and late-season corn in a soybean-corn rotation were influenced by the following crops in the year before soybean: corn (Zea mays L. intercropped with Brachiaria (Urochloa brizantha cv. Marandu, B. decumbens cv. Basilisk, B. ruziziensis, cv. comum., Panicummaximum cv. Tanzânia, sunn hemp (Crotalaria juncea L., pigeon pea [Cajanus cajan (L. Millsp]; sole corn, forage sorghum [Sorghum bicolor (L. Moench (cv. Santa Elisa], and ruzi grass. In March 2005, corn and forage species were planted in alternate rows spaced 0.90 m apart, and sole forage species were planted in rows spaced 0.45 m apart. In October 2005, the forages were killed with glyphosate and soybean was planted. After the soybean harvest in March 2006, sole late-season corn was planted in the entire experimental area. Corn grain and stover yields were unaffected by intercropping. Above-ground crop residue was greater when corn was intercropped with Tanzania grass (10.7 Mg ha-1, Marandu (10.1 Mg ha-1, and Ruzi Grass (9.8 Mg ha-1 than when corn was not intercropped (4.0 Mg ha-1. The intercropped treatments increased the percentage of soil surface covered with crop residue. Soybean and corn grain yields were higher after sole ruzi grass and intercropped ruzi grass than after other crops. The intercropping corn with Brachiaria spp. and corn with Panicum spp. increases above-ground crop residue production and maintains nutrients in the soil without reducing late-season corn yield and the viability of no-till in the midwestern region of Brazil.

  12. Biomass thermochemical gasification: Experimental studies and modeling

    Science.gov (United States)

    Kumar, Ajay

    The overall goals of this research were to study the biomass thermochemical gasification using experimental and modeling techniques, and to evaluate the cost of industrial gas production and combined heat and power generation. This dissertation includes an extensive review of progresses in biomass thermochemical gasification. Product gases from biomass gasification can be converted to biopower, biofuels and chemicals. However, for its viable commercial applications, the study summarizes the technical challenges in the gasification and downstream processing of product gas. Corn stover and dried distillers grains with solubles (DDGS), a non-fermentable byproduct of ethanol production, were used as the biomass feedstocks. One of the objectives was to determine selected physical and chemical properties of corn stover related to thermochemical conversion. The parameters of the reaction kinetics for weight loss were obtained. The next objective was to investigate the effects of temperature, steam to biomass ratio and equivalence ratio on gas composition and efficiencies. DDGS gasification was performed on a lab-scale fluidized-bed gasifier with steam and air as fluidizing and oxidizing agents. Increasing the temperature resulted in increases in hydrogen and methane contents and efficiencies. A model was developed to simulate the performance of a lab-scale gasifier using Aspen Plus(TM) software. Mass balance, energy balance and minimization of Gibbs free energy were applied for the gasification to determine the product gas composition. The final objective was to optimize the process by maximizing the net energy efficiency, and to estimate the cost of industrial gas, and combined heat and power (CHP) at a biomass feedrate of 2000 kg/h. The selling price of gas was estimated to be 11.49/GJ for corn stover, and 13.08/GJ for DDGS. For CHP generation, the electrical and net efficiencies were 37 and 86%, respectively for corn stover, and 34 and 78%, respectively for DDGS. For

  13. Energy efficiency improvement and cost saving opportunities for the Corn Wet Milling Industry: An ENERGY STAR Guide for Energy and Plant Managers

    Energy Technology Data Exchange (ETDEWEB)

    Galitsky, Christina; Worrell, Ernst; Ruth, Michael

    2003-07-01

    Corn wet milling is the most energy intensive industry within the food and kindred products group (SIC 20), using 15 percent of the energy in the entire food industry. After corn, energy is the second largest operating cost for corn wet millers in the United States. A typical corn wet milling plant in the United States spends approximately $20 to $30 million per year on energy, making energy efficiency improvement an important way to reduce costs and increase predictable earnings, especially in times of high energy-price volatility. This report shows energy efficiency opportunities available for wet corn millers. It begins with descriptions of the trends, structure and production of the corn wet milling industry and the energy used in the milling and refining process. Specific primary energy savings for each energy efficiency measure based on case studies of plants and references to technical literature are provided. If available, typical payback periods are also listed. The report draws upon the experiences of corn, wheat and other starch processing plants worldwide for energy efficiency measures. The findings suggest that given available resources and technology, there are opportunities to reduce energy consumption cost-effectively in the corn wet milling industry while maintaining the quality of the products manufactured. Further research on the economics of the measures, as well as the applicability of these to different wet milling practices, is needed to assess the feasibility of implementation of selected technologies at individual plants.

  14. 21 CFR 184.1321 - Corn gluten.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 3 2010-04-01 2009-04-01 true Corn gluten. 184.1321 Section 184.1321 Food and... Substances Affirmed as GRAS § 184.1321 Corn gluten. (a) Corn gluten (CAS Reg. No. 66071-96-3), also known as corn gluten meal, is the principal protein component of corn endosperm. It consists mainly of zein and...

  15. Spatial Price Discovery, Dynamics, and Leadership in Evolving Distiller’s Grain Markets

    OpenAIRE

    Van Winkle, Tyler W.; Schroeder, Ted C.

    2008-01-01

    Recent dramatic growth in corn-based bio-refining has generated considerable growth in the by-product of this process, distiller’s grains. Distiller’s grains are rapidly becoming important livestock feed ingredient sources. However, little public market information is available on distiller’s grain. This study determines spatial and temporal price relationships among distiller’s grain markets. Results indicate spatial distiller’s grain markets operate somewhat independently suggesting potenti...

  16. The substitutive effect of biofuels on fossil fuels in the lower and higher crude oil price periods

    Energy Technology Data Exchange (ETDEWEB)

    Chang, Ting-Huan [Energy and Environment Research Laboratories, Industrial Technology Research Institute, Hsinchu County 310 (China); Department of Banking and Finance, Tamkang University, No.151, Ying-Chuan Road, Taipei County 251 (China); Su, Hsin-Mei [Department of Banking and Finance, Tamkang University, No.151, Ying-Chuan Road, Taipei County 251 (China)

    2010-07-15

    Various biofuels, including bioethanol and biodiesel are technologically being considered replacements for fossil fuels, such as the conventional gasoline and diesel. This paper aims to measure whether economic substitutability can be generated during periods of higher and/or lower prices of crude oil. The empirical results of the bivariate EGARCH model prove that this substitutive effect was occurred during the higher crude oil price period due to the significant price spillover effects from crude oil futures to corn and soybean futures, indicating that the increase in food prices can be attributed to more consumption of biofuels. We suggest more extensive research in the search for fuel alternatives from inedible feedstock such as pongamia, jojoba, jatropha, especially the 2nd generation biofuel technologies such as algae-based biofuels. (author)

  17. The substitutive effect of biofuels on fossil fuels in the lower and higher crude oil price periods

    International Nuclear Information System (INIS)

    Chang, Ting-Huan; Su, Hsin-Mei

    2010-01-01

    Various biofuels, including bioethanol and biodiesel are technologically being considered replacements for fossil fuels, such as the conventional gasoline and diesel. This paper aims to measure whether economic substitutability can be generated during periods of higher and/or lower prices of crude oil. The empirical results of the bivariate EGARCH model prove that this substitutive effect was occurred during the higher crude oil price period due to the significant price spillover effects from crude oil futures to corn and soybean futures, indicating that the increase in food prices can be attributed to more consumption of biofuels. We suggest more extensive research in the search for fuel alternatives from inedible feedstock such as pongamia, jojoba, jatropha, especially the 2nd generation biofuel technologies such as algae-based biofuels. (author)

  18. 78 FR 48789 - Loan Guaranty: Percentage to Determine Net Value

    Science.gov (United States)

    2013-08-09

    ... DEPARTMENT OF VETERANS AFFAIRS Loan Guaranty: Percentage to Determine Net Value AGENCY: Department... mortgage holders in the Department of Veterans Affairs (VA) loan guaranty program concerning the percentage to be used in calculating the purchase price of a property that secured a terminated loan. The new...

  19. Fixing the Net Tuition Revenue Dilemma: The Dickinson College Story

    Science.gov (United States)

    Massa, Robert J.; Parker, Annette S.

    2007-01-01

    This chapter describes how Dickinson College, guided by a strategic plan, addressed its net tuition revenue problem through effective decision support, marketing and branding approaches, and pricing and financial aid strategies. The college's strategic plan guides allocation of resources toward fulfilling the college's purpose of providing an…

  20. Estimating crop net primary production using inventory data and MODIS-derived parameters

    Energy Technology Data Exchange (ETDEWEB)

    Bandaru, Varaprasad; West, Tristram O.; Ricciuto, Daniel M.; Izaurralde, Roberto C.

    2013-06-03

    National estimates of spatially-resolved cropland net primary production (NPP) are needed for diagnostic and prognostic modeling of carbon sources, sinks, and net carbon flux. Cropland NPP estimates that correspond with existing cropland cover maps are needed to drive biogeochemical models at the local scale and over national and continental extents. Existing satellite-based NPP products tend to underestimate NPP on croplands. A new Agricultural Inventory-based Light Use Efficiency (AgI-LUE) framework was developed to estimate individual crop biophysical parameters for use in estimating crop-specific NPP. The method is documented here and evaluated for corn and soybean crops in Iowa and Illinois in years 2006 and 2007. The method includes a crop-specific enhanced vegetation index (EVI) from the Moderate Resolution Imaging Spectroradiometer (MODIS), shortwave radiation data estimated using Mountain Climate Simulator (MTCLIM) algorithm and crop-specific LUE per county. The combined aforementioned variables were used to generate spatially-resolved, crop-specific NPP that correspond to the Cropland Data Layer (CDL) land cover product. The modeling framework represented well the gradient of NPP across Iowa and Illinois, and also well represented the difference in NPP between years 2006 and 2007. Average corn and soybean NPP from AgI-LUE was 980 g C m-2 yr-1 and 420 g C m-2 yr-1, respectively. This was 2.4 and 1.1 times higher, respectively, for corn and soybean compared to the MOD17A3 NPP product. Estimated gross primary productivity (GPP) derived from AgI-LUE were in close agreement with eddy flux tower estimates. The combination of new inputs and improved datasets enabled the development of spatially explicit and reliable NPP estimates for individual crops over large regional extents.

  1. 21 CFR 155.131 - Canned field corn.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Canned field corn. 155.131 Section 155.131 Food... Canned field corn. (a) Identity. (1) Canned field corn conforms to the definition and standard of... corn by § 155.130(a), except that the corn ingredient consists of succulent field corn or a mixture of...

  2. Ethanol extraction of phytosterols from corn fiber

    Science.gov (United States)

    Abbas, Charles; Beery, Kyle E.; Binder, Thomas P.; Rammelsberg, Anne M.

    2010-11-16

    The present invention provides a process for extracting sterols from a high solids, thermochemically hydrolyzed corn fiber using ethanol as the extractant. The process includes obtaining a corn fiber slurry having a moisture content from about 20 weight percent to about 50 weight percent solids (high solids content), thermochemically processing the corn fiber slurry having high solids content of 20 to 50% to produce a hydrolyzed corn fiber slurry, dewatering the hydrolyzed corn fiber slurry to achieve a residual corn fiber having a moisture content from about 30 to 80 weight percent solids, washing the residual corn fiber, dewatering the washed, hydrolyzed corn fiber slurry to achieve a residual corn fiber having a moisture content from about 30 to 80 weight percent solids, and extracting the residual corn fiber with ethanol and separating at least one sterol.

  3. Using net energy output as the base to develop renewable energy

    International Nuclear Information System (INIS)

    Shaw Daigee; Hung Mingfeng; Lin Yihao

    2010-01-01

    In order to increase energy security, production of renewable energies has been highly promoted by governments around the world in recent years. The typical base of various policy instruments used for this purpose is gross energy output of renewable energy. However, we show that basing policy instruments on gross energy output will result in problems associated with energy waste, economic inefficiency, and negative environmental effects. We recommend using net energy output as the base to apply price or quantity measures because it is net energy output, not gross energy output, which contributes to energy security. The promotion of gross energy output does not guarantee a positive amount of net energy output. By basing policy instruments on net energy output, energy security can be enhanced and the above mentioned problems can be avoided.

  4. Energy consumption, greenhouse gas emissions and assessment of sustainability index in corn agroecosystems of Iran

    Energy Technology Data Exchange (ETDEWEB)

    Yousefi, Mohammad, E-mail: m.yousefi@pgs.razi.ac.ir [Department of Agronomy and Plant Breeding, Campus of Agriculture and Natural Resources, Razi University, Kermanshah (Iran, Islamic Republic of); Damghani, Abdolmajid Mahdavi [Departments of Agroecology, Environmental Sciences Research Institute, Shahid Beheshti University, Tehran (Iran, Islamic Republic of); Khoramivafa, Mahmud [Department of Agronomy and Plant Breeding, Campus of Agriculture and Natural Resources, Razi University, Kermanshah (Iran, Islamic Republic of)

    2014-09-15

    The objectives of this study were to assess the energy flow, greenhouse gas (GHG) emission, global warming potential (GWP) and sustainability of corn production systems in Kermanshah province, western Iran. The data were collected from 70 corn agroecosystems which were selected based on randomly sampled method in the summer of 2011. The results indicated that total input and output energy were 50,485 and 134,946 MJ ha{sup −1}, respectively. The highest share of total input energy in corn production systems was recorded for N fertilizer, electricity power and diesel fuel with 35, 25 and 20%, respectively. Energy use efficiency and energy productivity were 2.67 and 0.18 kg MJ{sup −1}, respectively. Also agrochemical energy ratio was estimated as 40%. Applying chemical inputs produced the following emissions of greenhouse gases: 2994.66 kg CO{sub 2,} 31.58 kg N{sub 2}O and 3.82 kg CH{sub 4} per hectare{sub .} Hence, total GWP was 12,864.84 kg Co{sub 2}eq ha{sup −1} in corn production systems. In terms of CO{sub 2} equivalents 23% of the GWPs came from CO{sub 2}, 76% from N{sub 2}O, and 1% from CH{sub 4}. In this study input and output C equivalents per total GHG and Biomass production were 3508.59 and 10,696.34 kg C ha{sup −1}. Net carbon and sustainability indexes in corn production systems were 7187.75 kg C ha{sup −1} and 2.05. Accordingly, efficient use of energy is essential to reduce the greenhouse gas emissions and environmental impact in corn agroecosystems. - Highlights: • Increasing of energy consumption leaded to decreasing energy use efficiency in corn agroecosystems. • Total greenhouse gas (GHG) emission as CO{sub 2}, N{sub 2}O and CH{sub 4} in corn production systems were 2994.66, 31.58 and 3.82 kg ha{sup -1}, respectively. • Global warming potential (GWP) was 12864.84 kg CO{sub 2}eq ha{sup -1} in corn production systems. • Sustainability index in corn production systems was 2.05. • Reducing use of chemicals fertilizer and diesel fuel

  5. Farm-scale costs and returns for second generation bioenergy cropping systems in the US Corn Belt

    Science.gov (United States)

    Manatt, Robert K.; Hallam, Arne; Schulte, Lisa A.; Heaton, Emily A.; Gunther, Theo; Hall, Richard B.; Moore, Ken J.

    2013-09-01

    While grain crops are meeting much of the initial need for biofuels in the US, cellulosic or second generation (2G) materials are mandated to provide a growing portion of biofuel feedstocks. We sought to inform development of a 2G crop portfolio by assessing the profitability of novel cropping systems that potentially mitigate the negative effects of grain-based biofuel crops on food supply and environmental quality. We analyzed farm-gate costs and returns of five systems from an ongoing experiment in central Iowa, USA. The continuous corn cropping system was most profitable under current market conditions, followed by a corn-soybean rotation that incorporated triticale as a 2G cover crop every third year, and a corn-switchgrass system. A novel triticale-hybrid aspen intercropping system had the highest yields over the long term, but could only surpass the profitability of the continuous corn system when biomass prices exceeded foreseeable market values. A triticale/sorghum double cropping system was deemed unviable. We perceive three ways 2G crops could become more cost competitive with grain crops: by (1) boosting yields through substantially greater investment in research and development, (2) increasing demand through substantially greater and sustained investment in new markets, and (3) developing new schemes to compensate farmers for environmental benefits associated with 2G crops.

  6. The News Model of Asset Price Determination - An Empirical Examination of the Danish Football Club Bröndby IF

    DEFF Research Database (Denmark)

    Stadtmann, Georg; Moritzen; Jörgensen

    2012-01-01

    According to the news model of asset price determination, only the unexpected component of an information should drive the stock price. We use the Danish publicly listed football club Brøndby IF to analyse how match outcome impacts the stock price. To disentangle gross news from net news, betting...

  7. Densification characteristics of corn cobs

    Energy Technology Data Exchange (ETDEWEB)

    Kaliyan, Nalladurai; Morey, R. Vance [Department of Bioproducts and Biosystems Engineering, University of Minnesota, 1390 Eckles Avenue, St. Paul, MN 55108 (United States)

    2010-05-15

    Corn cobs are potential feedstocks for producing heat, power, fuels, and chemicals. Densification of corn cobs into briquettes/pellets would improve their bulk handling, transportation, and storage properties. In this study, densification characteristics of corn cobs were studied using a uniaxial piston-cylinder densification apparatus. With a maximum compression pressure of 150 MPa, effects of particle size (0.85 and 2.81 mm), moisture content (10 and 20% w.b.), and preheating temperature (25 and 85 C) on the density and durability of the corn cob briquettes (with diameter of about 19.0 mm) were studied. It was found that the durability (measured using ASABE tumbling can method) of corn cob briquettes made at 25 C was 0%. At both particle sizes, preheating of corn cob grinds with about 10% (w.b.) moisture content to 85 C produced briquettes with a unit density of > 1100 kg m{sup -3} and durability of about 90%. (author)

  8. Effects of price and availability on abortion demand.

    Science.gov (United States)

    Gohmann, S F; Ohsfeldt, R L

    1993-10-01

    This study explained the variation in US state abortion demand due to the price of services, the net of insurance cost of birth services, the ability to pay, contraceptive use, individual attitudes regarding abortion, and government policy affecting cost of benefits of terminating an unintended pregnancy or of carrying to birth. The empirical model uses pooled data from 48 states for 1982, 1984, 1985, and 1987. Prices are deflated to 1977 dollars. Another two-staged least squares model is based on cross-sectional state level data for 1985. The dependent variable is the log of abortion per 1000 pregnancies. Other variables pertain to income, education, labor force, family planning, tax, aid to families with dependent children, religion, and abortion-related measures. The results of the cross-sectional analysis are consistent with Medoff's and Garbacz's findings. The estimated coefficient of per capita income is positive with a point elasticity ranging from 0.62 to 1.0. The model with the most complete specifications has an abortion price elasticity range from -0.75 to -1.3 and is statistically significant when religion measures are excluded. The Hausman test shows the pro-choice variable significantly correlated with the error term. The net price of birth services is not statistically significant. Catholic religion and no religion are only significant when the abortion provider variable is excluded. The suggestion is that the effect of Catholicism is ambiguous. In the pooled analysis, the fixed effects model is used to control for abortion attitudes and other unobserved factors. Abortion demand includes abortion per 1000 pregnancies, the ratio of abortions to pregnancies, and the logarithm of abortions per 1000 pregnancies. Higher income is associated with a higher abortion rate and elasticities of 0.76 and 0.35 and is associated with a higher pregnancy rate. The abortion ratio is found to be elastic with respect to price, and price elasticities are sensitive to

  9. Incentive pricing and cost recovery at the basin scale.

    Science.gov (United States)

    Ward, Frank A; Pulido-Velazquez, Manuel

    2009-01-01

    Incentive pricing programs have potential to promote economically efficient water use patterns and provide a revenue source to compensate for environmental damages. However, incentive pricing may impose disproportionate costs and aggravate poverty where high prices are levied for basic human needs. This paper presents an analysis of a two-tiered water pricing system that sets a low price for subsistence needs, while charging a price equal to marginal cost, including environmental cost, for discretionary uses. This pricing arrangement can promote efficient and sustainable water use patterns, goals set by the European Water Framework Directive, while meeting subsistence needs of poor households. Using data from the Rio Grande Basin of North America, a dynamic nonlinear program, maximizes the basin's total net economic and environmental benefits subject to several hydrological and institutional constraints. Supply costs, environmental costs, and resource costs are integrated in a model of a river basin's hydrology, economics, and institutions. Three programs are compared: (1) Law of the River, in which water allocations and prices are determined by rules governing water transfers; (2) marginal cost pricing, in which households pay the full marginal cost of supplying treated water; (3) two-tiered pricing, in which households' subsistence water needs are priced cheaply, while discretionary uses are priced at efficient levels. Compared to the Law of the River and marginal cost pricing, two-tiered pricing performs well for efficiency and adequately for sustainability and equity. Findings provide a general framework for formulating water pricing programs that promote economically and environmentally efficient water use programs while also addressing other policy goals.

  10. Confidence limits for data mining models of options prices

    Science.gov (United States)

    Healy, J. V.; Dixon, M.; Read, B. J.; Cai, F. F.

    2004-12-01

    Non-parametric methods such as artificial neural nets can successfully model prices of financial options, out-performing the Black-Scholes analytic model (Eur. Phys. J. B 27 (2002) 219). However, the accuracy of such approaches is usually expressed only by a global fitting/error measure. This paper describes a robust method for determining prediction intervals for models derived by non-linear regression. We have demonstrated it by application to a standard synthetic example (29th Annual Conference of the IEEE Industrial Electronics Society, Special Session on Intelligent Systems, pp. 1926-1931). The method is used here to obtain prediction intervals for option prices using market data for LIFFE “ESX” FTSE 100 index options ( http://www.liffe.com/liffedata/contracts/month_onmonth.xls). We avoid special neural net architectures and use standard regression procedures to determine local error bars. The method is appropriate for target data with non constant variance (or volatility).

  11. On the Optimal Design of Distributed Generation Policies: Is Net Metering Ever Optimal?

    OpenAIRE

    Brown, David; Sappington, David

    2014-01-01

    Electricity customers who install solar panels often are paid the prevailing retail price for the electricity they generate. We show that this "net metering" policy typically is not optimal. A payment for distributed generation (w) that is below the retail price of electricity (r) will induce the welfare-maximizing level of distributed generation (DG) when centralized generation and DG produce similar (pollution) externalities. However, w can optimally exceed r when DG entails a substantial r...

  12. Opportunities for Energy Crop Production Based on Subfield Scale Distribution of Profitability

    Directory of Open Access Journals (Sweden)

    Ian J. Bonner

    2014-10-01

    Full Text Available Incorporation of dedicated herbaceous energy crops into row crop landscapes is a promising means to supply an expanding biofuel industry while benefiting soil and water quality and increasing biodiversity. Despite these positive traits, energy crops remain largely unaccepted due to concerns over their practicality and cost of implementation. This paper presents a case study for Hardin County, Iowa, to demonstrate how subfield decision making can be used to target candidate areas for conversion to energy crop production. Estimates of variability in row crop production at a subfield level are used to model the economic performance of corn (Zea mays L. grain and the environmental impacts of corn stover collection using the Landscape Environmental Analysis Framework (LEAF. The strategy used in the case study integrates switchgrass (Panicum virgatum L. into subfield landscape positions where corn grain is modeled to return a net economic loss. Results show that switchgrass integration has the potential to increase sustainable biomass production from 48% to 99% (depending on the rigor of conservation practices applied to corn stover collection, while also improving field level profitability of corn. Candidate land area is highly sensitive to grain price (0.18 to 0.26 $·kg−1 and dependent on the acceptable subfield net loss for corn production (ranging from 0 to −1000 $·ha−1 and the ability of switchgrass production to meet or exceed this return. This work presents the case that switchgrass may be economically incorporated into row crop landscapes when management decisions are applied at a subfield scale within field areas modeled to have a negative net profit with current management practices.

  13. Willingness to pay for insecticide-treated nets in Berehet District, Amhara Region, Northern Ethiopia: implication of social marketing.

    Science.gov (United States)

    Aleme, Adisu; Girma, Eshetu; Fentahun, Netsanet

    2014-01-01

    Understanding the feasibility of achieving widespread coverage with Insecticide-Treated Nets has to be preceded by learning how people value the Insecticide-Treated Nets and estimating the potential demand and willingness to pay so that sustainability of the intervention can be assured. The objective of this study was to determine willingness to pay for Insecticide-Treated Nets among households in Berehet District, Northern Ethiopia. A community-based cross-sectional study was conducted using both quantitative and qualitative methods in five randomly selected Kebeles from January-February 2012. Open ended contingent valuation technique with follow-up method was used. Qualitative data were collected through focus group discussions and observation methods. Binary logistic regression was used to determine the association between dependent and independent variables. The average number of individuals per Insecticide-Treated Nets was 3.83. Nearly 68.5% persons had willingness to buy Insecticide-Treated Nets if they have access to these Nets. The median maximum price a person is willingness to pay for blue rectangular Insecticide-Treated Net was 20 ETB. People had willingness to pay 30 ETB for blue and white conical insecticide-treated nets. Working on knowledge of malaria (OR=0.68, CI (0.47, 0.98; ppay Insecticide-Treated Nets. Respondents who prefer Kebele/place/ to buy Insecticide-Treated Net for rectangular shape had a significant association with a willingness to pay for Insecticide-Treated Nets (OR=1.92, CI= 1.07-3.92). Promotions, products, price and place had significant association with willingness to pay for Insecticide-Treated Nets. Designing a social marketing strategy helps ensure sustainable supply of Insecticide-Treated Nets and proper use of Insecticide-Treated Nets.

  14. Corn in consortium with forages

    Directory of Open Access Journals (Sweden)

    Cássia Maria de Paula Garcia

    2013-12-01

    Full Text Available The basic premises for sustainable agricultural development with focus on rural producers are reducing the costs of production and aggregation of values through the use crop-livestock system (CLS throughout the year. The CLS is based on the consortium of grain crops, especially corn with tropical forages, mainly of the genus Panicum and Urochloa. The study aimed to evaluate the grain yield of irrigated corn crop intercropped with forage of the genus Panicum and Urochloa. The experiment was conducted at the Fazenda de Ensino, Pesquisa e Extensão – FEPE  of the Faculdade de Engenharia - UNESP, Ilha Solteira in an Oxisol in savannah conditions and in the autumn winter of 2009. The experimental area was irrigated by a center pivot and had a history of no-tillage system for 8 years. The corn hybrid used was simple DKB 390 YG at distances of 0.90 m. The seeds of grasses were sown in 0.34 m spacing in the amount of 5 kg ha-1, they were mixed with fertilizer minutes before sowing  and placed in a compartment fertilizer seeder and fertilizers were mechanically deposited in the soil at a depth of 0.03 m. The experimental design used was a randomized block with four replications and five treatments: Panicum maximum cv. Tanzania sown during the nitrogen fertilization (CTD of the corn; Panicum maximum cv. Mombaça sown during the nitrogen fertilization (CMD of the corn; Urochloa brizantha cv. Xaraés sown during the occasion of nitrogen fertilization (CBD of the corn; Urochloa ruziziensis cv. Comumsown during the nitrogen fertilization (CRD of the corn and single corn (control. The production components of corn: plant population per hectare (PlPo, number of ears per hectare (NE ha-1, number of rows per ear (NRE, number of kernels per row on the cob (NKR, number of grain in the ear (NGE and mass of 100 grains (M100G were not influenced by consortium with forage. Comparing grain yield (GY single corn and maize intercropped with forage of the genus Panicum

  15. Price and inventory dynamics in petroleum product markets

    International Nuclear Information System (INIS)

    Considine, T.J.; Heo, Eunnyeong

    2000-01-01

    Unlike many studies of commodity inventory behavior, this paper estimates a model with endogenous spot and forward prices, inventories, production, and net imports. Our application involves markets for refined petroleum products in the United States. Our model is built around the supply and demand for storage. We estimate the model using Generalized Method of Moments and perform dynamic, simultaneous simulations to estimate the impacts of supply and demand shocks. Supply curves for the industry are inelastic and upward sloping. High inventory levels depress prices. Inventories fall in response to higher sales, consistent with production smoothing. Under higher input prices, refiners reduce their stocks of crude oil but increase their product inventories, consistent with cost smoothing. In some cases, imports of products are more variable than production or inventories. 25 refs

  16. 21 CFR 184.1865 - Corn syrup.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 3 2010-04-01 2009-04-01 true Corn syrup. 184.1865 Section 184.1865 Food and... Substances Affirmed as GRAS § 184.1865 Corn syrup. (a) Corn syrup, commonly called “glucose sirup” or “glucose syrup,” is obtained by partial hydrolysis of corn starch with safe and suitable acids or enzymes...

  17. 7 CFR 810.401 - Definition of corn.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 7 2010-01-01 2010-01-01 false Definition of corn. 810.401 Section 810.401... GRAIN United States Standards for Corn Terms Defined § 810.401 Definition of corn. Grain that consists of 50 percent or more of whole kernels of shelled dent corn and/or shelled flint corn (Zea mays L...

  18. 21 CFR 184.1262 - Corn silk and corn silk extract.

    Science.gov (United States)

    2010-04-01

    ... specific limitations: Category of food Maximum level of use in food (as served) 1 Functional use Baked... chapter 10 Do. Soft candy, § 170.3(n)(38) of this chapter 20 Do. All other food categories 4 Do. 1 Parts... 21 Food and Drugs 3 2010-04-01 2009-04-01 true Corn silk and corn silk extract. 184.1262 Section...

  19. Heat recovery investigation from dryer–thermal oxidizer system in corn-ethanol plants

    International Nuclear Information System (INIS)

    Olszewski, Pawel

    2015-01-01

    In recent years, annual corn ethanol production in the U.S. has exceeded 13,298,000,000 gallons. However, net energy balance for this sector became a subject of controversy in many discussions. The aim of the presented research is an investigation of thermal improvement opportunities in a corn ethanol plant. For this purpose, a complex mathematical model was developed for a dryer–thermal oxidizer system. Three variants were subjected thermodynamic analyses: one state of the art system and two proposed system modifications. The properties of humid gas, a mixture of combustion products and moisture evaporated from distiller's grain, were updated based on the steam properties according to the formulation proposed by the International Association for the Properties of Water and Steam. All calculations were performed by uniquely-developed C++ code. The results indicate major potential for improvement in the following areas: (i) water recovery from humid gas; (ii) heat recovery from moisture condensation – max. 44% of total primary energy usage (TPEU); and (iii) fuel savings by reduction of humid gas flow through a thermal oxidizer – max. 1.4% of TPEU. Also the presented analysis can be a starting point for further modifications in real corn ethanol manufacturing applications, leading towards pilot system implementation. - Highlights: • Mathematical model for dryer–oxidizer system in a corn ethanol plant was proposed. • Three configurations were discussed: with intercooler, regenerator, and recuperator. • Recovery rate of water condensed at various conditions and locations was quantified. • Heat recovery possibilities at various temperatures and locations have been assessed. • Energy savings in thermal oxidizer due to preliminary condensation were calculated

  20. 21 CFR 137.275 - Yellow corn meal.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Yellow corn meal. 137.275 Section 137.275 Food and... Related Products § 137.275 Yellow corn meal. Yellow corn meal conforms to the definition and standard of identity prescribed by § 137.250 for white corn meal except that cleaned yellow corn is used instead of...

  1. 21 CFR 137.215 - Yellow corn flour.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Yellow corn flour. 137.215 Section 137.215 Food... Flours and Related Products § 137.215 Yellow corn flour. Yellow corn flour conforms to the definition and standard of identity prescribed by § 137.211 for white corn flour except that cleaned yellow corn is used...

  2. Deposition of insecticides on corn silks applied at high and low spray rates for control of corn earworm

    Science.gov (United States)

    Corn earworm is a major pest of sweet corn, especially when grown organically. Aerial application of insecticides is important for both conventionally- and organically-grown sweet corn production as sweet corn is frequently irrigated to assure return on investment given the high production costs. ...

  3. Transfer Pricing - between Optimization and International Tax Evasion

    Directory of Open Access Journals (Sweden)

    Valentin SAVA

    2017-06-01

    Full Text Available Each enterprise in the private sector aims to increase financial return, which is achieved by obtaining a the higher net profit by increasing revenue and reducing expenditure. In this endeavor, compliance with tax obligations occupy a very important role because handling taxes may lead to an increase in revenue and / or a reduction of spending, and this action is called tax optimization. In the case of multinational companies, the main tool that can be used to lower the tax burden and increasing, sometimes in sizeable benefits in net, is the transfer prices or the prices they registered entities in the group transactions between them, along with another instrument with great impact, ie tax havens. Tax evasion, designating evading payment obligations of a company according to the national tax system, may be legal in the sense that tax optimization does not violate the rules, but exploiting loopholes that are in them. But when legal tax rules are violated, we deal with tax fraud, which will be subject to punitive measures by public authorities as it affects the whole population.

  4. A framework for diagnosing the regional impacts of energy price policies. An application to natural gas deregulation

    Energy Technology Data Exchange (ETDEWEB)

    Bender, S.; Kalt, J.P.; Lee, H.

    1986-03-01

    Energy policy debates in the U.S. have frequently centered upon asserted regional effects. 'Consuming' regions are commonly pitted against 'producing' regions, with the latter purportedly gaining/losing at the expense of the former under higher/lower energy prices. Such simple views ignore regional trade linkages, the geographic distribution of ownership in energy using and producing firms, and the microeconomics of the incidence of energy price changes. This study presents a framework which incorporates these factors and allows assessment of the net regional income effects of changing energy prices. When applied to U.S. natural gas policy, the study's results indicate that the income effects of a rise in gas prices tend to be much more evenly spread than a naive assignment of increased costs and revenues to consuming and producing regions, respectively, would indicate. Under a number of plausible scenarios, in fact, it is likely that certain net gas consuming regions (e.g., the Pacific Northwest) have benefitted from the recent deregulation of U.S. gas prices. 14 refs. (A.V.)

  5. Asian corn borer (ACB) and non-ACB pests in GM corn (Zea mays L.) in the Philippines.

    Science.gov (United States)

    Afidchao, Miladis M; Musters, C J M; de Snoo, Geert R

    2013-07-01

    The Asian corn borer (ACB), Ostrinia furnacalis (Guenée), has become the most damaging pest in corn in south-east Asia. Corn farmers in the Philippines have incurred great yield losses in the past decades because of ACB infestation. Bacillus thuringiensis (Bt) and Bt herbicide-tolerant (BtHT) corns have been developed to reduce borer attacks worldwide. This study assessed the extent of ACB and non-ACB pest infestations in both GM and non-GM corn in Isabela Province, the Philippines. Specific aims were to reinvestigate the efficacy of Bt corn in controlling ACB, to evaluate what parts of Bt corn plants are susceptible to ACB, to monitor the potential development of ACB resistance and to evaluate whether secondary pests dominate in an ACB-free Bt corn environment. The study involved preparatory interviews with farmers, site selection, field scouting and visual inspection of 200 plants along 200 m transect lines through 198 cornfields. Bt corn can efficiently reduce the ACB pest problem and reduce borer damage by 44%, to damage levels in Bt and BtHT corn of 6.8 and 7% respectively. The leaves of Bt corn were more susceptible, while cobs of Bt corn were less affected by ACB. Non-ACB pests were common in Bt toxin-free cornfields and reduced in non-GM cornfields where ACB was abundant. No secondary pest outbreaks were found in ACB-free Bt cornfields. Bt and BtHT corn hybrids containing the Cry1Ab protein performed well in Isabela Province. Reduced cob damage by ACB on Bt fields could mean smaller economic losses even with ACB infestation. The occurrence of ACB in Bt and BtHT cornfields, although at a moderate and insignificant level, could imply the potential development of resistance to Bt toxin. © 2012 Society of Chemical Industry.

  6. WHAT IS THE VALUE OF BT CORN?

    OpenAIRE

    Hurley, Terrance M.; Mitchell, Paul D.; Rice, Marlin E.

    2001-01-01

    A common perception is that the value of Bt corn arises from two components-Bt corn increases expected profit and reduces profit variability. This perception encourages farmers and the policy makers to add a risk benefit to estimates of the value of Bt corn to account for the variability reduction. However, a conceptual model generates a useful decomposition of the value of Bt corn and a condition determining the impact of Bt corn on profit variability. An empirical model finds that Bt corn i...

  7. 21 CFR 184.1857 - Corn sugar.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 3 2010-04-01 2009-04-01 true Corn sugar. 184.1857 Section 184.1857 Food and... Substances Affirmed as GRAS § 184.1857 Corn sugar. (a) Corn sugar (C6H12O6, CAS Reg. No. 50-99-7), commonly... monohydrate form and is produced by the complete hydrolysis of corn starch with safe and suitable acids or...

  8. A Web-Based Electronic Book (e-book) Library: The netLibrary Model.

    Science.gov (United States)

    Connaway, Lynn Silipigni

    2001-01-01

    Identifies elements that are important for academic libraries to use in evaluating electronic books, including content; acquisition and collection development; software and hardware standards and protocols; digital rights management; access; archiving; privacy; the market and pricing; and enhancements and ideal features. Describes netLibrary, a…

  9. Establishment and assessment of a novel cleaner production process of corn grain fuel ethanol.

    Science.gov (United States)

    Wang, Ke; Zhang, Jianhua; Tang, Lei; Zhang, Hongjian; Zhang, Guiying; Yang, Xizhao; Liu, Pei; Mao, Zhonggui

    2013-11-01

    An integrated corn ethanol-methane fermentation system was proposed to solve the problem of stillage handling, where thin stillage was treated by anaerobic digestion and then reused to make mash for the following ethanol fermentation. This system was evaluated at laboratory and pilot scale. Anaerobic digestion of thin stillage ran steadily with total chemical oxygen demand removal efficiency of 98% at laboratory scale and 97% at pilot scale. Ethanol production was not influenced by recycling anaerobic digestion effluent at laboratory and pilot scale. Compared with dried distillers' grains with solubles produced in conventional process, dried distillers' grains in the proposed system exhibited higher quality because of increased protein concentration and decreased salts concentration. Energetic assessment indicated that application of this novel process enhanced the net energy balance ratio from 1.26 (conventional process) to 1.76. In conclusion, the proposed system possessed technical advantage over the conventional process for corn fuel ethanol production. Copyright © 2013 Elsevier Ltd. All rights reserved.

  10. Modeling of price and profit in coupled-ring networks

    Science.gov (United States)

    Tangmongkollert, Kittiwat; Suwanna, Sujin

    2016-06-01

    We study the behaviors of magnetization, price, and profit profiles in ring networks in the presence of the external magnetic field. The Ising model is used to determine the state of each node, which is mapped to the buy-or-sell state in a financial market, where +1 is identified as the buying state, and -1 as the selling state. Price and profit mechanisms are modeled based on the assumption that price should increase if demand is larger than supply, and it should decrease otherwise. We find that the magnetization can be induced between two rings via coupling links, where the induced magnetization strength depends on the number of the coupling links. Consequently, the price behaves linearly with time, where its rate of change depends on the magnetization. The profit grows like a quadratic polynomial with coefficients dependent on the magnetization. If two rings have opposite direction of net spins, the price flows in the direction of the majority spins, and the network with the minority spins gets a loss in profit.

  11. CONTAGIOUS EFFECTS OF OIL PRICES ON ASIAN STOCK MARKETS’ BEHAVIOUR

    Directory of Open Access Journals (Sweden)

    Jok-Tong Wan

    2016-05-01

    Full Text Available The main objective of this study is to examine the stock markets’ shock due to the effect of the price of oil in the East Asia Region. Particularly, this study examines if there is stock market interdependence during global oil price shocks (sudden changes for a sample of five total oil importers (the Philippines, Hong Kong SAR, Taiwan, South Korea, and Japan, four net oil importers (Indonesia, Singapore, Thailand, and China, and one net oil exporter (Malaysia between 1999 and 2014. From the result, an oil price change is collectively found to have a small but significant positive impact on the stock markets, in particular where a sudden decrease in oil prices tends to cause a stock market downturn and volatility. The world economy’s spending, financial investments in oil futures and foreign investment by oil rich nations are some underlying motives for inducing this oil-stock positive relation. The same direction of time-varying conditional correlations is found across East Asian stock markets during negative oil price shocks. The integration among East Asian stock markets is inducing the oil shock contagion to be transmitted from direct oil-affected countries (South Korea, Hong Kong, and Singapore to non-direct oil affected countries’ (Japan and Taiwan stock markets. In spite of a long practiced ASEAN+3 macroeconomics surveillance process and Early Warning System (EWS which can be customized for stock markets to prevent or detect the oil risk, hedging against initial oil-affected stock markets and a stronger influence by the East Asian countries in the global world of oil and capital investment are strongly suggested.

  12. Influence of spatially dependent, modeled soil carbon emission factors on life-cycle greenhouse gas emissions of corn and cellulosic ethanol

    Energy Technology Data Exchange (ETDEWEB)

    Qin, Zhangcai [Energy Systems Division, Argonne National Laboratory, 9700 South Cass Avenue Argonne IL 60439 USA; Dunn, Jennifer B. [Energy Systems Division, Argonne National Laboratory, 9700 South Cass Avenue Argonne IL 60439 USA; Kwon, Hoyoung [Environment and Production Technology Division, International Food Policy Research Institute, 2033 K St. NW Washington DC 20006 USA; Mueller, Steffen [Energy Resources Center, University of Illinois at Chicago, 1309 South Halsted Street Chicago IL 60607 USA; Wander, Michelle M. [Department of Natural Resources and Environmental Sciences, University of Illinois at Urbana-Champaign, 1102 South Goodwin Avenue Urbana IL 61801 USA

    2016-03-03

    Converting land to biofuel feedstock production incurs changes in soil organic carbon (SOC) that can influence biofuel life-cycle greenhouse gas (GHG) emissions. Estimates of these land use change (LUC) and life-cycle GHG emissions affect biofuels’ attractiveness and eligibility under a number of renewable fuel policies in the U.S. and abroad. Modeling was used to refine the spatial resolution and depth-extent of domestic estimates of SOC change for land (cropland, cropland pasture, grasslands, and forests) conversion scenarios to biofuel crops (corn, corn stover, switchgrass, Miscanthus, poplar, and willow). In most regions, conversions from cropland and cropland pasture to biofuel crops led to neutral or small levels of SOC sequestration, while conversion of grassland and forest generally caused net SOC loss. Results of SOC change were incorporated into the Greenhouse Gases, Regulated Emissions, and Energy use in Transportation (GREET) model to assess their influence on life-cycle GHG emissions for the biofuels considered. Total LUC GHG emissions (g CO2eq MJ-1) were 2.1–9.3 for corn, -0.7 for corn stover, -3.4–12.9 for switchgrass, and -20.1–-6.2 for Miscanthus; these varied with SOC modeling assumptions applied. Extending soil depth from 30 to 100cm affected spatially-explicit SOC change and overall LUC GHG emissions; however the influence on LUC GHG emissions estimates were less significant in corn and corn stover than cellulosic feedstocks. Total life-cycle GHG emissions (g CO2eq MJ-1, 100cm) were estimated to be 59–66 for corn ethanol, 14 for stover ethanol, 18-26 for switchgrass ethanol, and -0.6–-7 for Miscanthus ethanol.

  13. USE OF MIRROR PATTERN CUTTING OF NETTING MATERIALS FOR CONSTRUCTION OF LAKE BEACH SEINES

    Directory of Open Access Journals (Sweden)

    A. Nazarov

    2014-12-01

    Full Text Available Purpose. Justification and calculation of a new methodological approach to the construction of a standard beach seine (502 / 302 х 3.75 with the use of the properties of mirror netting ensuring the saving of the netting material, reduction of weight, price and drag resistance. Methodology. The carp age group selectivity of the constructed seine was assessed within fish fauna monitoring based on the catch analysis of monitoring gill nets with mesh sizes of 30-130 mm according to generally accepted methods [9, 10]. Calculation of netting materials and ropes was carried out according to generally accepted methods [12-14]. Seine resistance was calculated according to N. T. Senin formula for different netting materials and the angles of the movement of different seine parts in water [2]. The gear reliability and data processing were carried out according to standard methods [11, 14, 15]. Findings. A variant of the construction of the maximum lightweight beach lake seines made of mirror pattern netting taking into account the properties of the mirror pattern netting material, reduction of weight, price and drag resistance has been proposed. The provided recalculation of the properties of a serial seine made of rhombic mesh for the mirror netting seine taking into account netting properties allowed: 1 reducing the seine drag resistance value by 1,4 times; 2 reducing the weight of netting materials by 16.3% compared to the prototype; 3 increasing the seine selectivity when fishing older age groups of carp in non-drainable ponds. Originality. We presented the method of the calculation and construction of lake beach seines made of mirror netting, analyzed the technological stages of the construction of mirror netting, determined main qualitative and technological parameters, which had effect on the conditions of the construction and reliability of such fishing gears. A new method of the use of an insert of the combined netting material cutting ensuring

  14. Determinants of the net interest margins in BH banks

    Directory of Open Access Journals (Sweden)

    Plakalović Novo

    2015-01-01

    Full Text Available In this paper, the subject of analysis is influence of certain macroeconomic and microeconomic variables on bank net interest margins in Bosnia and Herzegovina (BH for the period from 2008 to 2013 through a multiple linear regression models. The level and dynamics of NIM indicate the efficiency of financial intermediation. The observed period is characterized by the reduction in net interest margins of banks over the previous decade, which was characterized by high GDP growth, bank loans and high-interest rates and high profitability. Therefore, this study examines the factors that affect the level of net interest margins in the domestic banking industry. The main objective of this paper is to determine whether there is interdependence in the movement between the independent and dependent variables through a multiple linear regression. The net interest margin will be observed as a dependent variable, and liquidity risk, operating costs, credit risk, the index of market concentration, funding risk, the growth rate of gross domestic product and consumer price index will be used as independent variables.

  15. Environmental aspects of ethanol derived from no-tilled corn grain: nonrenewable energy consumption and greenhouse gas emissions

    International Nuclear Information System (INIS)

    Kim, Seungdo; Dale, Bruce E.

    2005-01-01

    Nonrenewable energy consumption and greenhouse gas (GHG) emissions associated with ethanol (a liquid fuel) derived from corn grain produced in selected counties in Illinois, Indiana, Iowa, Michigan, Minnesota, Ohio, and Wisconsin are presented. Corn is cultivated under no-tillage practice (without plowing). The system boundaries include corn production, ethanol production, and the end use of ethanol as a fuel in a midsize passenger car. The environmental burdens in multi-output biorefinery processes (e.g., corn dry milling and wet milling) are allocated to the ethanol product and its various coproducts by the system expansion allocation approach. The nonrenewable energy requirement for producing 1 kg of ethanol is approximately 13.4-21.5 MJ (based on lower heating value), depending on corn milling technologies employed. Thus, the net energy value of ethanol is positive; the energy consumed in ethanol production is less than the energy content of the ethanol (26.8 MJ kg -1 ). In the GHG emissions analysis, nitrous oxide (N 2 O) emissions from soil and soil organic carbon levels under corn cultivation in each county are estimated by the DAYCENT model. Carbon sequestration rates range from 377 to 681 kg C ha -1 year -1 and N 2 O emissions from soil are 0.5-2.8 kg N ha -1 year -1 under no-till conditions. The GHG emissions assigned to 1 kg of ethanol are 260-922 g CO 2 eq. under no-tillage. Using ethanol (E85) fuel in a midsize passenger vehicle can reduce GHG emissions by 41-61% km -1 driven, compared to gasoline-fueled vehicles. Using ethanol as a vehicle fuel, therefore, has the potential to reduce nonrenewable energy consumption and GHG emissions

  16. Feed-in tariff and market electricity price comparison. The case of cogeneration units in Croatia

    International Nuclear Information System (INIS)

    Uran, Vedran; Krajcar, Slavko

    2009-01-01

    In August 2007, the Government of the Republic of Croatia instituted a feed-in tariff system, requiring the Croatian Electricity Market Operator (HROTE) to off-take the electricity produced from renewable energy sources or cogeneration units fueled by natural gas. Analysis of the off-take electricity price range, which depends on the net electrical output and electricity market trends, indicates that it is more cost effective for cogeneration units greater than 1 MW to sell their electricity on the exchange market. This was confirmed by developing a mathematical model to calculate the cost-effectiveness ratio of a cogeneration unit. This ratio represents the relation between the profit spread, i.e. the difference between the profit generated from selling the electricity on the exchange market and the profit made from dispatching the electricity to HROTE, as well as the total investment costs. The model can be applied for changes in certain parameters, such as the net electrical output, volatility and spot electricity price. The Monte Carlo method is used to obtain the most probable cost-effectiveness ratio and average future electricity price. Together with these two economic parameters and market price analysis, it is possible to calculate and calibrate an acceptable off-take electricity price. (author)

  17. Is there a price premium for energy efficiency labels? Evidence from the Introduction of a Label in Korea

    International Nuclear Information System (INIS)

    Park, Ju Young

    2017-01-01

    This study examines the price premium from Korea's Energy Efficiency Grade Label. The Korean government recently began energy certification of televisions, providing a setting to analyze a possible price effect of the new label. Hedonic regression results seem to show that a price premium exists for products with the Energy Efficiency Grade Label. However, potential unobserved heterogeneity is a concern. Difference-in-difference and fixed-effects models are used to capture the net effect of the label by controlling for time and product differences. The results suggest that any price premium does not result from the energy efficiency label itself. Instead, energy-efficient products already had higher prices before the introduction of the energy efficiency label. The finding turns our attention to the importance of careful design of labeling programs. - Highlights: • The study examines the price premium from Korea's Energy Efficiency Grade Label. • Difference-in-difference and fixed-effects models are used to address potential unobserved heterogeneity and to capture the net effect of the label by controlling for time and product differences. • The result suggests that any price premium does not result from the energy efficiency label itself; instead, energy-efficient products already have higher prices before the introduction of the energy efficiency label. • The finding turns our attention to the importance of careful design of labeling programs.

  18. The Net Contribution of Nuclear Power to the National Economy in Korea

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Manki; Kim, Seung-su; Lee, Jong Hee; Kim, Soo-eun [Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of)

    2016-10-15

    The objective of the study is to quantify the net contribution of nuclear power to the national economy in Korea focusing on the operating phase of nuclear power. This study is to see what would have happened to the Korean national economy, if all the nuclear power had been completely replaced with its substitute, coal power, providing a mechanism addressing a possible feedback between price and output on a national economy, triggered by the structural change in power sector. The role of nuclear power is estimated to be significant in terms of total output, GDP, price level, and labor employment in Korean economy. The net contribution of nuclear power estimated in this study can be recognized as positive externalities of nuclear power, which can be used to balance between positive externalities and negative externalities in the estimation of social cost of nuclear power, on which public concerns are substantially growing in the wake of the Fukushima nuclear power accident in Japan.

  19. The Net Contribution of Nuclear Power to the National Economy in Korea

    International Nuclear Information System (INIS)

    Lee, Manki; Kim, Seung-su; Lee, Jong Hee; Kim, Soo-eun

    2016-01-01

    The objective of the study is to quantify the net contribution of nuclear power to the national economy in Korea focusing on the operating phase of nuclear power. This study is to see what would have happened to the Korean national economy, if all the nuclear power had been completely replaced with its substitute, coal power, providing a mechanism addressing a possible feedback between price and output on a national economy, triggered by the structural change in power sector. The role of nuclear power is estimated to be significant in terms of total output, GDP, price level, and labor employment in Korean economy. The net contribution of nuclear power estimated in this study can be recognized as positive externalities of nuclear power, which can be used to balance between positive externalities and negative externalities in the estimation of social cost of nuclear power, on which public concerns are substantially growing in the wake of the Fukushima nuclear power accident in Japan

  20. Corned Beef: an Enigmatic Irish Dish

    OpenAIRE

    Mac Con Iomaire, Máirtín; Gallagher, Pádraic Óg

    2011-01-01

    Corned beef and cabbage, which is consumed in America in large quantities each Saint Patrick’s Day (17th March), is considered by most Americans to be the ultimate Irish dish. However, corned beef and cabbage is seldom eaten in modern day Ireland. It is widely reported that Irish immigrants replaced their beloved bacon and cabbage with corned beef and cabbage when they arrived in America, drawing on the corned beef supplied by their neighbouring Jewish butchers, but not all commentators beli...

  1. 21 CFR 137.265 - Degerminated white corn meal.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Degerminated white corn meal. 137.265 Section 137... Cereal Flours and Related Products § 137.265 Degerminated white corn meal. (a) Degerminated white corn meal, degermed white corn meal, is the food prepared by grinding cleaned white corn and removing bran...

  2. The impact of a hybrid social marketing intervention on inequities in access, ownership and use of insecticide-treated nets

    Directory of Open Access Journals (Sweden)

    Stallworthy Guy

    2007-01-01

    Full Text Available Abstract Background An ITN intervention was initiated in three predominantly rural districts of Eastern Province, Zambia, that lacked commercial distribution and communication infrastructures. Social marketing techniques were used for product and message development. Public sector clinics and village-based volunteers promoted and distributed subsidized ITNs priced at $2.5 per net. A study was conducted to assess the effects of the intervention on inequities in knowledge, access, ownership and use of ITNs. Methods A post-test only quasi-experimental study design was used to compare intervention and comparison districts. A total of 2,986 respondents were interviewed. Survey respondents were grouped into four socio-economic (SES categories: low, medium-low, medium and high. Knowledge, access, ownership and use indicators are compared. Concentration index scores are calculated. Interactions between intervention status and SES help determine how different SES groups benefited from the intervention. Results Although overall use of nets remained relatively low, post-test data show that knowledge, access, ownership and use of mosquito nets was higher in intervention districts. A decline in SES inequity in access to nets occurred in intervention districts, resulting from a disproportionately greater increase in access among the low SES group. Declines in SES inequities in net ownership and use of nets were associated with the intervention. The largest increases in net ownership and use occurred among medium and high SES categories. Conclusion Increasing access to nets among the poorest respondents in rural areas may not lead to increases in net use unless the price of nets is no longer a barrier to their purchase.

  3. The impact of a hybrid social marketing intervention on inequities in access, ownership and use of insecticide-treated nets.

    Science.gov (United States)

    Agha, Sohail; Van Rossem, Ronan; Stallworthy, Guy; Kusanthan, Thankian

    2007-01-29

    An ITN intervention was initiated in three predominantly rural districts of Eastern Province, Zambia, that lacked commercial distribution and communication infrastructures. Social marketing techniques were used for product and message development. Public sector clinics and village-based volunteers promoted and distributed subsidized ITNs priced at 2.5 dollars per net. A study was conducted to assess the effects of the intervention on inequities in knowledge, access, ownership and use of ITNs. A post-test only quasi-experimental study design was used to compare intervention and comparison districts. A total of 2,986 respondents were interviewed. Survey respondents were grouped into four socio-economic (SES) categories: low, medium-low, medium and high. Knowledge, access, ownership and use indicators are compared. Concentration index scores are calculated. Interactions between intervention status and SES help determine how different SES groups benefited from the intervention. Although overall use of nets remained relatively low, post-test data show that knowledge, access, ownership and use of mosquito nets was higher in intervention districts. A decline in SES inequity in access to nets occurred in intervention districts, resulting from a disproportionately greater increase in access among the low SES group. Declines in SES inequities in net ownership and use of nets were associated with the intervention. The largest increases in net ownership and use occurred among medium and high SES categories. Increasing access to nets among the poorest respondents in rural areas may not lead to increases in net use unless the price of nets is no longer a barrier to their purchase.

  4. Transfer Pricing – Between Optimization and International Tax Evasion

    Directory of Open Access Journals (Sweden)

    Valentin SAVA

    2017-04-01

    Full Text Available Each enterprise in the private sector aims to increase financial return, which is achieved by obtaining the higher net profit by increasing revenue and reducing expenditure. In this endeavor, compliance with tax obligations occupy a very important role because handling taxes may lead to an increase in revenue and / or a reduction of spending, and this action is called tax optimization. In the case of multinational companies, the main tool that can be used to lower the tax burden and increasing, sometimes in sizeable benefits in net, is the transfer prices or the prices they registered entities in the group transactions between them, along with another instrument with great impact, ie tax havens. Tax evasion, designating evading payment obligations of a company according to the national tax system, may be legal in the sense that tax optimization does not violate the rules, but exploiting loopholes that are in them. But when legal tax rules are violated, we deal with tax fraud, which will be subject to punitive measures by public authorities as it affects the whole population.

  5. Microscopic Analysis of Corn Fiber Using Corn Starch- and Cellulose-Specific Molecular Probes

    Energy Technology Data Exchange (ETDEWEB)

    Porter, S. E.; Donohoe, B. S.; Beery, K. E.; Xu, Q.; Ding, S.-Y.; Vinzant, T. B.; Abbas, C. A.; Himmel, M. E.

    2007-09-01

    Ethanol is the primary liquid transportation fuel produced from renewable feedstocks in the United States today. The majority of corn grain, the primary feedstock for ethanol production, has been historically processed in wet mills yielding products such as gluten feed, gluten meal, starch, and germ. Starch extracted from the grain is used to produce ethanol in saccharification and fermentation steps; however the extraction of starch is not 100% efficient. To better understand starch extraction during the wet milling process, we have developed fluorescent probes that can be used to visually localize starch and cellulose in samples using confocal microscopy. These probes are based on the binding specificities of two types of carbohydrate binding modules (CBMs), which are small substrate-specific protein domains derived from carbohydrate degrading enzymes. CBMs were fused, using molecular cloning techniques, to a green fluorescent protein (GFP) or to the red fluorescent protein DsRed (RFP). Using these engineered probes, we found that the binding of the starch-specific probe correlates with starch content in corn fiber samples. We also demonstrate that there is starch internally localized in the endosperm that may contribute to the high starch content in corn fiber. We also surprisingly found that the cellulose-specific probe did not bind to most corn fiber samples, but only to corn fiber that had been hydrolyzed using a thermochemical process that removes the residual starch and much of the hemicellulose. Our findings should be of interest to those working to increase the efficiency of the corn grain to ethanol process.

  6. The cost of domestic energy prices to Saudi Arabia

    International Nuclear Information System (INIS)

    Alyousef, Yousef; Stevens, Paul

    2011-01-01

    The issue of subsidies on domestic energy prices has moved up the policy agenda, most recently as a result of the G20 commitment in September 2009 to phase out such subsidies. However, what constitutes a 'subsidy' is complex and controversial. The IEA in its last World Energy Outlook claimed that Saudi Arabia was second in the world in terms of its levels of subsidy on domestic energy prices. However, because Saudi Arabia is a price maker in the international oil market, the methodology used by the IEA is seriously flawed. This paper explains the problems with the methodology for computing subsidies and explains the correct method in the case of Saudi Arabia. It then attempts to measure the levels of subsidy in Saudi Arabia using this methodology. However, while it converts the IEA's 'subsidy' of $23 billion into a net 'profit' of $5.7 billion, it goes on to point out that the current low price regime is causing problems for Saudi Arabia. - Highlights: → How to define energy subsidies in the context of Saudi Arabia as the price maker for international oil prices? → How far do the low domestic energy price in Saudi Arabia represent subsidized prices? → What are the costs and benefits of low/subsidized domestic energy prices in Saudi Arabia? → What policy options are available to offset the very poor record of energy efficiency in Saudi Arabia?

  7. The Food and Agricultural Policy Simulator

    OpenAIRE

    Salathe, Larry E.; Price, J. Michael; Gadson, Kenneth E.

    1982-01-01

    This article describes the structure and dynamic properties of the Food and Agricultural Policy Simulator (FAPSIM), an annual econometric model of the US agricultural sector F APSIM estimates a simultaneous price-quantity equilibrium solution for a set of individual commodity models developed for beef, pork, dairy, chickens, eggs, turkeys, corn, oats, barley, gram sorghum, wheat, soybeans, and cotton F APSIM also endogenously determines farm production expenses, cash receipts, net farm Income...

  8. Corn Culture: A Story of Intelligent Design

    Science.gov (United States)

    Todd, Jude

    2008-01-01

    Scientists are not sure of how corn was created. There were two competing genetic theories about how corn came to be. One theory maintains that corn had been teased out of a wheatlike grass called teosinte (genus Zea), and the other contends that one now-extinct ancestor of corn had crossed with another grass, "Tripsacum," several millennia ago.…

  9. Utilization of Different Corn Fractions by Broilers

    Directory of Open Access Journals (Sweden)

    SIFR Costa

    2015-09-01

    Full Text Available ABSTRACTThis study was conducted to evaluate the nutritional values of fractions of damaged corn. One hundred and eighty 22-d-old Cobb 500 male broilers were distributed in batteries according to a completely randomized design with six treatments of six replicates each. The treatments consisted of diets containing five corn fractions, classified as sound, fermented, insect-damaged, mold-damaged, or reference corn. The test diets consisted of 60% of reference diet + 40% of each corn fraction. Only the reference corn fraction included all the fractions at different proportions (0.8% fermented, 0.05% insect-damaged, 3.3% mold-damaged, and 95.85% sound grains. The method of total excreta collection was used to determine AMEn values and metabolizability coefficients of dry matter (MDM, crude protein (MCP, ether extract (MEE, and gross energy (MGE of the reference corn and its fractions. The density values of the corn fractions were used to calculate the correlations among the evaluated parameters. The evaluated corn fractions presented different compositions values. The insect-damaged and mold-damaged grains presented higher CP level, lower density, and MDM and MCP coefficients compared with the other fractions. However, calculated AMEn values were not significantly different (p>0.05 among corn fractions. A low correlation between density and AMEn content (r0.8 were calculated. Although the evaluated corn fractions presented different nutritional values, there were no marked differences in their utilization by broilers.

  10. Crude oil price dynamics: A study on effects of market expectation and strategic supply on price movements

    Science.gov (United States)

    Jin, Xin

    Recent years have seen dramatic fluctuations in crude oil prices. This dissertation attempts to better understand price behavior. The first chapter studies the behavior of crude oil spot and futures prices. Oil prices, particularly spot and short-term futures prices, appear to have switched from I(0) to I(1) in early 2000s. To better understand this apparent change in persistence, a factor model of oil prices is proposed, where the prices are decomposed into long-term and short-term components. The change in the persistence behavior can be explained by changes in the relative volatility of the underlying components. Fitting the model to weekly data on WTI prices, the volatility of the persistent shocks increased substantially relative to other shocks. In addition, the risk premiums in futures prices have changed their signs and become more volatile. The estimated net marginal convenience yield using the model also shows changes in its behavior. These observations suggest that a dramatic fundamental change occurred in the period from 2002 to 2004 in the dynamics of the crude oil market. The second chapter explores the short-run price-inventory dynamics in the presence of different shocks. Classical competitive storage model states that inventory decision considers both current and future market condition, and thus interacts with spot and expected future spot prices. We study competitive storage holding in an equilibrium framework, focusing on the dynamic response of price and inventory to different shocks. We show that news shock generates response profile different from traditional contemporaneous shocks in price and inventory. The model is applied to world crude oil market, where the market expectation is estimated to experience a sharp change in early 2000s, together with a persisting constrained supply relative to demand. The expectation change has limited effect on crude oil spot price though. The world oil market structure has been studied extensively but no

  11. Fumonisins B1 and B2 in the corn-milling process and corn-based products, and evaluation of estimated daily intake.

    Science.gov (United States)

    Savi, Geovana D; Piacentini, Karim C; Marchi, Djeini; Scussel, Vildes M

    2016-01-01

    The distribution of fumonisins (FBs: FB1 and FB2) in the corn-milling process and in corn-based products, as well as daily intake estimates for the Brazilian population were evaluated. Among corn fractions samples, corn meal had the highest mean concentration of FB1 (1305 µg kg(-1)) and FB2 (651 µg kg(-1)) and a distribution factors of 452% and 256% in relation to corn grain, respectively. On the other hand, the distribution factor of FB1 and FB2 in corn flour was found to be 144% and 88% respectively, which demonstrates that fumonisins in this fraction were reduced compared with corn grain. As a result, almost half the corn meal samples (47%) would be non-compliant with future Brazilian regulation (2017) for fumonisins. However, corn-based products, such as corn flakes and popcorn, were in compliance with the regulation. The average probable daily intake and maximum probable daily intake of fumonisins estimated for the Santa Catarina state (Brazil) population were below the provisional maximum tolerable daily intake of 2 µg kg(-1) body weight day(-1) for all corn samples. Despite this, the adoption of practices to control the occurrence of fumonisins should be applied to the corn-milling fractions that may contain a higher concentration of this toxin, such as corn meal, often used for animal feed in Brazil.

  12. PRICE AND PRICING STRATEGIES

    OpenAIRE

    SUCIU Titus

    2013-01-01

    In individual companies, price is one significant factor in achieving marketing success. In many purchase situations, price can be of great importance to customers. Marketers must establish pricing strategies that are compatible with the rest of the marketing mix. Management should decide whether to charge the same price to all similar buyers of identical quantities of a product (a one-price strategy) or to set different prices (a flexible price strategy). Many organizations, especially retai...

  13. 21 CFR 137.260 - Enriched corn meals.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Enriched corn meals. 137.260 Section 137.260 Food... Flours and Related Products § 137.260 Enriched corn meals. (a) Enriched corn meals are the foods, each of which conforms to the definition and standard of identity prescribed for a kind of corn meal by §§ 137...

  14. Modelling the costs of energy crops. A case study of US corn and Brazilian sugar cane

    International Nuclear Information System (INIS)

    Mejean, Aurelie; Hope, Chris

    2010-01-01

    High crude oil prices, uncertainties about the consequences of climate change and the eventual decline of conventional oil production raise the prospects of alternative fuels, such as biofuels. This paper describes a simple probabilistic model of the costs of energy crops, drawing on the user's degree of belief about a series of parameters as an input. This forward-looking analysis quantifies the effects of production constraints and experience on the costs of corn and sugar cane, which can then be converted to bioethanol. Land is a limited and heterogeneous resource: the crop cost model builds on the marginal land suitability, which is assumed to decrease as more land is taken into production, driving down the marginal crop yield. Also, the maximum achievable yield is increased over time by technological change, while the yield gap between the actual yield and the maximum yield decreases through improved management practices. The results show large uncertainties in the future costs of producing corn and sugar cane, with a 90% confidence interval of 2.9-7.2$/GJ in 2030 for marginal corn costs, and 1.5-2.5$/GJ in 2030 for marginal sugar cane costs. The influence of each parameter on these supply costs is examined. (author)

  15. Oil prices and current account: A structural analysis for the Turkish economy

    International Nuclear Information System (INIS)

    Ozlale, Umit; Pekkurnaz, Didem

    2010-01-01

    Although there has been an increasing number of studies about the effects of oil prices on the macroeconomic performances, the literature on the interaction between oil prices and current account is limited, especially for oil importing developing countries. This paper analyzes the impact of oil prices on the current account balances for the Turkish economy using a structural vector autoregression model. Our model allows us to identify the net effect of oil prices on current account balances after controlling for other factors such as output gap and exchange rate misalignment. The results show that the response of current account ratio to oil price shock increases gradually up to the first three months and then starts to decrease, which indicates a significant effect of oil price shocks in the short-run. Moreover, when the obtained structural shocks are employed in a simple regression analysis, the parameter regarding the oil price shocks is found to be negative and statistically significant. The final section discusses the policy implications of the results.

  16. Transgenic Bt Corn, Soil Insecticide, and Insecticidal Seed Treatment Effects on Corn Rootworm (Coleoptera: Chrysomelidae) Beetle Emergence, Larval Feeding Injury, and Corn Yield in North Dakota.

    Science.gov (United States)

    Calles-Torrez, Veronica; Knodel, Janet J; Boetel, Mark A; Doetkott, Curt D; Podliska, Kellie K; Ransom, Joel K; Beauzay, Patrick; French, B Wade; Fuller, Billy W

    2018-02-09

    Northern, Diabrotica barberi Smith & Lawrence (Coleoptera: Chrysomelidae), and western, Diabrotica virgifera virgifera LeConte (Coleoptera: Chrysomelidae), corn rootworms are economic pests of corn, Zea mays L. in North America. We measured the impacts of corn hybrids incorporated with Cry3Bb1, Cry34/35Ab1, and pyramided (Cry3Bb1 + Cry34/35Ab1) Bacillus thuringiensis Berliner (Bt) proteins, tefluthrin soil insecticide, and clothianidin insecticidal seed treatment on beetle emergence, larval feeding injury, and corn yield at five locations from 2013 to 2015 in eastern North Dakota. In most cases, emergence was significantly lower in Bt-protected corn than in non-Bt corn hybrids. Exceptions included Wyndmere, ND (2013), where D. barberi emergence from Cry34/35Ab1 plots was not different from that in the non-Bt hybrid, and Arthur, ND (2013), where D. v. virgifera emergence from Cry3Bb1 plots did not differ from that in the non-Bt hybrid. Bt hybrids generally produced increased grain yield compared with non-Bt corn where rootworm densities were high, and larval root-feeding injury was consistently lower in Bt-protected plots than in non-Bt corn. The lowest overall feeding injury and emergence levels occurred in plots planted with the Cry3Bb1 + Cry34/35Ab1 hybrid. Time to 50% cumulative emergence of both species was 5-7 d later in Bt-protected than in non-Bt hybrids. Tefluthrin and clothianidin were mostly inconsequential in relation to beetle emergence and larval root injury. Our findings could suggest that some North Dakota populations could be in early stages of increased tolerance to some Bt toxins; however, Bt corn hybrids currently provide effective protection against rootworm injury in eastern North Dakota. © The Author(s) 2017. Published by Oxford University Press on behalf of Entomological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

  17. The impact of future carbon prices on CCS investment for power generation in China

    International Nuclear Information System (INIS)

    Wu, Ning; Parsons, John E.; Polenske, Karen R.

    2013-01-01

    Carbon capture and storage (CCS) in China is currently discussed extensively but few in-depth analyses focusing on economics are observed. In this study, we answer two related questions about the development of CCS and power generation technologies in China: (1) what is the breakeven carbon-dioxide price to justify CCS installation investment for Integrated Gasification Combined Cycle (IGCC) and pulverized coal (PC) power plants, and, (2) what are the risks associated with investment for CCS. To answer these questions, we build a net present value model for IGCC and PC plants with capacity of 600 MW, with assumptions best representing the current technologies in China. Then, we run a sensitivity analysis of capital costs and fuel costs to reveal their impact on the carbon price, and analyze the risk on investment return caused by the carbon price volatility. Our study shows that in China, a breakeven carbon price of $61/tonne is required to justify investment on CCS for PC plants, and $72/tonne for IGCC plants. In this analysis, we also advise investors on the impact of capital and fuel costs on the carbon price and suggest optimal timing for CCS investment. - Highlights: ► We collect data on CCS and power generation which best represents technologies and costs in China. ► We model power plants' net present value to find the breakeven carbon prices. ► IGCC needs $72 per tonne to breakeven while PC requires $61 in China. ► Capital and fuel costs impact the carbon prices noticeably. ► We also examine the sensitivity, impact on return and time for investment

  18. Agricultural production and nutrient runoff in the Corn Belt ...

    Science.gov (United States)

    Agricultural production in the Corn Belt region of the Upper Mississippi River Basin (UMRB) remains a leading source of nitrogen runoff that contributes to the annual hypoxic 'Dead Zone' in the Gulf of Mexico. The rise of corn production, land conversion, and fertilizer use in response to ethanol policy incentives in recent years is well documented and may worsen this effect. We develop a spatially distributed dynamic environmental performance index (EPI), accounting for both desirable agricultural outputs and undesirable nonpoint source emissions from farm production, to examine the corresponding changes in environmental performance within the UMRB between 2002 and 2007, which is characterized by increasing policy incentives for ethanol production. County-level production data from the USDA agricultural census are aggregated to hydrologic unit code (HUC8) boundaries using a geographic information system (GIS), and a previously developed statistical model, which includes net anthropogenic nitrogen inputs (NANI) as well as precipitation and land use characteristics as inputs, is used to estimate annual nitrogen loadings delivered to streams from HUC8 watersheds. The EPI allows us to decompose performance of each HUC8 region over time into changes in productive efficiency and emissions efficiency. To our knowledge, this is the first study to examine the corresponding changes in environmental performance for producers in this region at the watershed scale. The resu

  19. Early season monitoring of corn and soybeans with TerraSAR-X and RADARSAT-2

    Science.gov (United States)

    McNairn, H.; Kross, A.; Lapen, D.; Caves, R.; Shang, J.

    2014-05-01

    Early and on-going crop production forecasts are important to facilitate food price stability for regions at risk, and for agriculture exporters, to set market value. Most regional and global efforts in forecasting rely on multiple sources of information from the field. With increased access to data from spaceborne Synthetic Aperture Radar (SAR), these sensors could contribute information on crop acreage. But these acreage estimates must be available early in the season to assist with production forecasts. This study acquired TerraSAR-X and RADARSAT-2 data over a region in eastern Canada dominated by economically important corn and soybean production. Using a supervised decision tree classifier, results determined that either sensor was capable of delivering highly accurate maps of corn and soybeans at the end of the growing season. Accuracies far exceeded 90%. Spatial and multi-temporal filtering approaches were compared and small improvements in accuracies were found by applying the multi-temporal filter to the RADARSAT-2 data. Of significant interest, this study determined that by using only three TerraSAR-X images corn could be accurately identified by the end of June, a mere six weeks after planting and at a vegetative growth stage (V6 - sixth leaf collar developed). However, soybeans required additional acquisitions given the variance in planting densities and planting dates in this region of Canada. In this case, accurate soybean classification required TerraSAR-X images until early August at the start of the reproductive stage (R5 - seed development is beginning). Also important, by applying a multi-temporal filter accurate mapping (close to 90%) of corn and soybeans from RADARSAT-2 could occur five weeks earlier (by August 19) than if a spatial filter was used. Thus application of this filtering approach could accelerate delivery of a crop inventory for this region of Canada. Corn and soybeans are important commodities both globally and within Canada. This

  20. Host Recognition Responses of Western (Family: Chrysomelidae) Corn Rootworm Larvae to RNA Interference and Bt Corn.

    Science.gov (United States)

    Zukoff, Sarah N; Zukoff, Anthony L

    2017-01-01

    Western corn rootworm Diabrotica virgifera virgifera LeConte is an important pest of corn whose larvae exhibit particular quantifiable patterns of locomotion after exposure to, and removal from, host roots and nonhost roots. Using EthoVision software, the behavior and locomotion of the western corn rootworm larvae was analyzed to determine the level of host recognition to germinated roots of differing corn hybrids containing either rootworm targeted Bt genes, RNA interference (RNAi) technology, the stack of both Bt and RNAi, or the isoline of these. The behavior of the rootworm larvae indicated a significant host preference response to all corn hybrids (with or without insecticidal traits) compared to the filter paper and oat roots. A weaker host response to the RNAi corn roots was observed in the susceptible larvae when compared to the resistant larvae, but not for the Bt + RNAi vector stack. Additionally, the resistant larvae demonstrated a weaker host response to the isoline corn roots when compared to the susceptible larvae. Although weaker, these host responses were significantly different from those observed in the negative controls, indicating that all hybrids tested do contain the contact cues necessary to elicit a host preference response by both Cry3Bb1-resistant and Cry3Bb1-susceptible larvae that would work to hinder resistance development in refuge in a bag fields. © The Authors 2017. Published by Oxford University Press on behalf of Entomological Society of America.

  1. Prices and Price Setting

    NARCIS (Netherlands)

    R.P. Faber (Riemer)

    2010-01-01

    textabstractThis thesis studies price data and tries to unravel the underlying economic processes of why firms have chosen these prices. It focuses on three aspects of price setting. First, it studies whether the existence of a suggested price has a coordinating effect on the prices of firms.

  2. Aflatoxin contamination of developing corn kernels.

    Science.gov (United States)

    Amer, M A

    2005-01-01

    Preharvest of corn and its contamination with aflatoxin is a serious problem. Some environmental and cultural factors responsible for infection and subsequent aflatoxin production were investigated in this study. Stage of growth and location of kernels on corn ears were found to be one of the important factors in the process of kernel infection with A. flavus & A. parasiticus. The results showed positive correlation between the stage of growth and kernel infection. Treatment of corn with aflatoxin reduced germination, protein and total nitrogen contents. Total and reducing soluble sugar was increase in corn kernels as response to infection. Sucrose and protein content were reduced in case of both pathogens. Shoot system length, seeding fresh weigh and seedling dry weigh was also affected. Both pathogens induced reduction of starch content. Healthy corn seedlings treated with aflatoxin solution were badly affected. Their leaves became yellow then, turned brown with further incubation. Moreover, their total chlorophyll and protein contents showed pronounced decrease. On the other hand, total phenolic compounds were increased. Histopathological studies indicated that A. flavus & A. parasiticus could colonize corn silks and invade developing kernels. Germination of A. flavus spores was occurred and hyphae spread rapidly across the silk, producing extensive growth and lateral branching. Conidiophores and conidia had formed in and on the corn silk. Temperature and relative humidity greatly influenced the growth of A. flavus & A. parasiticus and aflatoxin production.

  3. The effect of CO2 regulations on the cost of corn ethanol production

    Science.gov (United States)

    Plevin, R. J.; Mueller, S.

    2008-04-01

    To explore the effect of CO2 price on the effective cost of ethanol production we have developed a model that integrates financial and emissions accounting for dry-mill corn ethanol plants. Three policy options are modeled: (1) a charge per unit of life cycle CO2 emissions, (2) a charge per unit of direct biorefinery emissions only, and (3) a low carbon fuel standard (LCFS). A CO2 charge on life cycle emissions increases production costs by between 0.005 and 0.008 l-1 per 10 Mg-1 CO2 price increment, across all modeled plant energy systems, with increases under direct emissions somewhat lower in all cases. In contrast, a LCFS increases the cost of production for selected plant energy systems only: a LCFS requiring reductions in average fuel global warming intensity (GWI) with a target of 10% below the 2005 baseline increases the production costs for coal-fired plants only. For all other plant types, the LCFS operates as a subsidy. The findings depend strongly on the magnitude of a land use change adder. Some land use change adders currently discussed in the literature will push the GWI of all modeled production systems above the LCFS target, flipping the CO2 price from a subsidy to a tax.

  4. "King Corn": Teaching the Food Crisis

    Science.gov (United States)

    Swinehart, Tim

    2012-01-01

    "King Corn" is in so many ways the story of how government food policy has entirely remade the food landscape in the United States over the last 40 years. From the massive expansion of the number of acres of corn grown across the country, to the ever-increasing ways that corn is incorporated into the food production process, to the…

  5. Modeling the CO2 and N2O Emissions From Stover Removal for Biofuel Production From Continuous Corn Production in Iowa

    Science.gov (United States)

    Paustian, K.; Killian, K.; Brenner, J.

    2003-12-01

    Corn stover, an agricultural residue, can be used as feedstock for near term bioethanol production and is available today at levels that can significantly impact energy supply. We evaluated the environmental impact of such a large-scale change in agricultural practices on green house gas production, soil erosion and soil carbon using the Century model. Estimates of soil C changes and GHG emissions were performed for the 99 counties in Iowa where previous environmental, management and erosion data was available. We employed climate, soil and historical management databases from a separate USDA-funded project as input to Century. RUSLE estimates of the residue requirements for acceptable soil loss rates under continuous corn agriculture were available from a previous study done Dr. Richard Nelson (Enersol Resources). Two mulch tillage and a no-till systems, where erosion estimates were available, were used as the basis for the simulations. Century simulations of these systems were run under a variety of stover removal rates. For each soil type within each county the model was run for 15 years (1980-1995) under continuous corn with convention tillage, and full residue return. Model simulation of crop yields and residue production were then calibrated to match those used by the Polysys model team at Oak Ridge and the simulation was repeated with the addition of the three corn tillage regimes, and several residue removal rates. County-average soil C changes (and net CO2 emissions) were calculated as area-weighted averages of the individual soil types in each county. For this study, we have utilized the IPCC approach to estimate annual N2O emissions. At low or zero residue removal rates, county-averaged soil C stocks were predicted to increase (i.e. net CO2 emissions are negative). Where the allowable residue removal rates (based on erosion tolerance) for mulch-tillage are on the order of 40-50% or more, the reduced input of C is such that the soils no longer sequester C

  6. Comparison of amino acid digestibility coefficients for corn, corn gluten meal, and corn distillers dried grains with solubles (DDGS) among three different bioassays

    Science.gov (United States)

    The objective of this study was to determine standardized AA digestibility of corn, corn gluten meal (CGM) and three distillers dried grains with solubles (DDGS) using the precision-fed cecectomized rooster assay (PFR), the standardized ileal AA broiler chicken assay (SIAAD), and a newly developed p...

  7. Corn Residue Use by Livestock in the United States

    Directory of Open Access Journals (Sweden)

    Marty R. Schmer

    2017-01-01

    Full Text Available Corn ( L. residue grazing or harvest provides a simple and economical practice to integrate crops and livestock, but limited information is available on how widespread corn residue utilization is practiced by US producers. In 2010, the USDA Economic Research Service surveyed producers from 19 states on corn grain and residue management practices. Total corn residue grazed or harvested was 4.87 million ha. Approximately 4.06 million ha was grazed by 11.7 million livestock (primarily cattle in 2010. The majority of grazed corn residue occurred in Nebraska (1.91 million ha, Iowa (385,000 ha, South Dakota (361,000 ha, and Kansas (344,000 ha. Average grazing days ranged from 10 to 73 d (mean = 40 d. Corn residue harvests predominantly occurred in the central and northern Corn Belt, with an estimated 2.9 Tg of corn residue harvested across the 19 states. This survey highlights the importance of corn residue for US livestock, particularly in the western Corn Belt.

  8. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    Science.gov (United States)

    Darghouth, Naim Richard

    Net metering has become a widespread policy mechanism in the U.S. for supporting customer adoption of distributed photovoltaics (PV), allowing customers with PV systems to reduce their electric bills by offsetting their consumption with PV generation, independent of the timing of the generation relative to consumption. Although net metering is one of the principal drivers for the residential PV market in the U.S., the academic literature on this policy has been sparse and this dissertation contributes to this emerging body of literature. This dissertation explores the linkages between the availability of net metering, wholesale electricity market conditions, retail rates, and the residential bill savings from behind-the-meter PV systems. First, I examine the value of the bill savings that customers receive under net metering and alternatives to net metering, and the associated role of retail rate design, based on current rates and a sample of approximately two hundred residential customers of California's two largest electric utilities. I find that the bill savings per kWh of PV electricity generated varies greatly, largely attributable to the increasing block structure of the California utilities' residential retail rates. I also find that net metering provides significantly greater bill savings than alternative compensation mechanisms based on avoided costs. However, retail electricity rates may shift as wholesale electricity market conditions change. I then investigate a potential change in market conditions -- increased solar PV penetrations -- on wholesale prices in the short-term based on the merit-order effect. This demonstrates the potential price effects of changes in market conditions, but also points to a number of methodological shortcomings of this method, motivating my usage of a long-term capacity investment and economic dispatch model to examine wholesale price effects of various wholesale market scenarios in the subsequent analysis. By developing

  9. Possible causes of dry pea synergy to corn

    Science.gov (United States)

    Dry pea improves corn yield and tolerance to weed interference compared with soybean, spring wheat, or canola as preceding crops. To understand this synergy between dry pea and corn, we examined growth and nutrient concentration of corn following dry pea or soybean in sequence. Each corn plot was ...

  10. Higher prices, increased demand bolster OGJ group 1995 profits

    International Nuclear Information System (INIS)

    Beck, R.J.; Bell, L.

    1996-01-01

    This paper reviews the 1995 performance of 22 of the largest US oil companies. It shows sector earnings, spending, prices, financial indicators, and exploration and production figures. Each company is identified to its revenues, working capital, returns on stockholder investments, and total assets. With regards to production, each company is identified by number of wells, refined product sales, liquid reserves, and net production

  11. Health, Wealth and the Price of Oil.

    Science.gov (United States)

    Evans, Robert G

    2016-05-01

    The correlation between health and wealth is arguably a very solidly established relationship. Yet that relationship may be reversing. Falling oil prices have raised (average) per capita incomes, worldwide. But from a long-run perspective they are a public health disaster. The latter is easy to see: low oil reduces the incentive to develop alternative energy sources and "bend the curve" of global warming. Their principal impact on incomes has been redistributional - Alberta and Russia lose, Ontario and Germany gain, etc. Zero net gain. But the price has fallen because technical progress in extracting American shale oil has forced the Saudis' hand. These efficiencies have real benefits for (average) incomes, but costs for long-run health. A compensating carbon tax is an obvious response. Copyright © 2016 Longwoods Publishing.

  12. Effect of length of interval between cereal rye cover crop termination and corn planting on seedling root disease and corn growth

    Science.gov (United States)

    Cereal rye cover crops terminated immediately before corn planting can sometimes reduce corn population, early growth, and yield. We hypothesized that cereal rye may act as a green bridge for corn pathogens and may increase corn seedling root disease. A field experiment was conducted over two years ...

  13. The merit-order effect: A detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany

    International Nuclear Information System (INIS)

    Sensfuss, Frank; Ragwitz, Mario; Genoese, Massimo

    2008-01-01

    The German feed-in support of electricity generation from renewable energy sources has led to high growth rates of the supported technologies. Critics state that the costs for consumers are too high. An important aspect to be considered in the discussion is the price effect created by renewable electricity generation. This paper seeks to analyse the impact of privileged renewable electricity generation on the electricity market in Germany. The central aspect to be analysed is the impact of renewable electricity generation on spot market prices. The results generated by an agent-based simulation platform indicate that the financial volume of the price reduction is considerable. In the short run, this gives rise to a distributional effect which creates savings for the demand side by reducing generator profits. In the case of the year 2006, the volume of the merit-order effect exceeds the volume of the net support payments for renewable electricity generation which have to be paid by consumers. (author)

  14. Western bean cutworm survival and the development of economic injury levels and economic thresholds in field corn.

    Science.gov (United States)

    Paula-Moraes, S; Hunt, T E; Wright, R J; Hein, G L; Blankenship, E E

    2013-06-01

    Western bean cutworm, Striacosta albicosta (Smith) (Lepidoptera: Noctuidae), is a native pest of dry beans (Phaseolus vulgaris L.) and corn (Zea mays L.). Historically, the western bean cutworm was distributed in the western United States, but since 1999 eastward expansion has been observed. In corn, economic impact is caused by larval ear feeding. Information on western bean cutworm biology, ecology, and economic impact is relatively limited, and the development of economic injury levels (EILs) and economic thresholds (ETs) is required for more effective management. Studies during 2008-2011, across three ecoregions of Nebraska, sought to characterize western bean cutworm survival and development of EILs and ETs. Calculations of EILs and ETs incorporated the dynamics of corn price, management cost, and pest survival. The results from the current study demonstrated low larval survival of this species (1.51-12.82%). The mean yield loss from one western bean cutworm larva per plant was 945.52 kg/ha (15.08 bu/acre), based on 74,100 plants per ha. Economic thresholds are expressed as a percentage of plants with at least one egg mass. This study is the first study that explicitly incorporates variable management costs and crop values into western bean cutworm EIL calculations, and larval survival into ET calculations.

  15. Aspectos econômicos da adubação fosfatada para cultura do milho Economic aspects of phosphorus application to the corn crop

    Directory of Open Access Journals (Sweden)

    Renato de Mello Prado

    2001-09-01

    analysis average prices in force during the 1990's of one ton of corn and one ton of triple superphosphate were considered (US$86.06 and US$224.69, respectively, and the total operating cost of US$342.22 ha-1. In general the increase of the phosphorus rate boosted the yield and the net income per hectare; the cast fertilizer aplication by hand proved to be economically unfeasible. The double furrow treatment resulted, on the average, in a higher net income and a cost/benefit ratio exceeding by 17.7% that of the single furrow application mode.

  16. Does Bt Corn Really Produce Tougher Residues

    Science.gov (United States)

    Bt corn hybrids produce insecticidal proteins that are derived from a bacterium, Bacillus thuringiensis. There have been concerns that Bt corn hybrids produce residues that are relatively resistant to decomposition. We conducted four experiments that examined the decomposition of corn residues und...

  17. Nitrogen Soil Testing for Corn in Virginia

    OpenAIRE

    Evanylo, Gregory K.; Alley, Marcus M., 1947-

    2009-01-01

    An adequate supply of plant-available nitrogen (N) is crucial for efficient corn production, and corn N requirements are greater than any other nutrient. This publication reviews the link between nitrogen and corn production, nitrogen behavior, soil testing, test procedures and recommendations.

  18. Geographic information systems in corn rootworm management

    Science.gov (United States)

    Corn rootworms (Diabrotica spp. Coleoptera: Chrysomelidae) are serious pests of corn (Zea mays) in the United States and Europe. Control measures for corn rootworms (CRW) were historically based upon chemical pesticides and crop rotation. Pesticide use created environmental and economic concerns. In...

  19. Utilization of Different Corn Fractions by Broilers

    OpenAIRE

    Costa, SIFR; Stringhini, JH; Ribeiro, AML; Pontalti, G; MacManus, C

    2015-01-01

    ABSTRACTThis study was conducted to evaluate the nutritional values of fractions of damaged corn. One hundred and eighty 22-d-old Cobb 500 male broilers were distributed in batteries according to a completely randomized design with six treatments of six replicates each. The treatments consisted of diets containing five corn fractions, classified as sound, fermented, insect-damaged, mold-damaged, or reference corn. The test diets consisted of 60% of reference diet + 40% of each corn fraction. ...

  20. What Is the Price of College? Total, Net, and Out-of-Pocket Prices by Type of Institution in 2011-12. NCES 2015-165. Stats in Brief

    Science.gov (United States)

    Radwin, David; Wei, Christina Chang

    2015-01-01

    Americans believe in the value of a college education, but worry about its price. Recent surveys show large majorities affirming the importance of postsecondary education, but characterizing it as too expensive and sometimes financially out of reach. This Statistics in Brief describes three measures of the price of undergraduate education in the…

  1. Pest Control in Corn and Soybeans: Weeds - Insects - Diseases.

    Science.gov (United States)

    Doersch, R. E.; And Others

    This document gives the characteristics and application rates for herbicides used to control annual weeds in corn, annual and perennial broadleaf weeds in corn, quackgrass and yellow nutsedge in corn, and annual weeds in soybeans. It also gives insecticide use information for corn and soybeans. A brief discussion of disease control in corn and…

  2. 21 CFR 137.285 - Degerminated yellow corn meal.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Degerminated yellow corn meal. 137.285 Section 137... Cereal Flours and Related Products § 137.285 Degerminated yellow corn meal. Degerminated yellow corn meal, degermed yellow corn meal, conforms to the definition and standard of identity prescribed by § 137.265 for...

  3. 21 CFR 137.280 - Bolted yellow corn meal.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Bolted yellow corn meal. 137.280 Section 137.280... Flours and Related Products § 137.280 Bolted yellow corn meal. Bolted yellow corn meal conforms to the definition and standard of identity prescribed by § 137.255 for bolted white corn meal except that cleaned...

  4. Rapid corn and soybean mapping in US Corn Belt and neighboring areas

    Science.gov (United States)

    Zhong, Liheng; Yu, Le; Li, Xuecao; Hu, Lina; Gong, Peng

    2016-11-01

    The goal of this study was to promptly map the extent of corn and soybeans early in the growing season. A classification experiment was conducted for the US Corn Belt and neighboring states, which is the most important production area of corn and soybeans in the world. To improve the timeliness of the classification algorithm, training was completely based on reference data and images from other years, circumventing the need to finish reference data collection in the current season. To account for interannual variability in crop development in the cross-year classification scenario, several innovative strategies were used. A random forest classifier was used in all tests, and MODIS surface reflectance products from the years 2008-2014 were used for training and cross-year validation. It is concluded that the fuzzy classification approach is necessary to achieve satisfactory results with R-squared ~0.9 (compared with the USDA Cropland Data Layer). The year of training data is an important factor, and it is recommended to select a year with similar crop phenology as the mapping year. With this phenology-based and cross-year-training method, in 2015 we mapped the cropping proportion of corn and soybeans around mid-August, when the two crops just reached peak growth.

  5. BIOFUEL FROM CORN STOVER

    Directory of Open Access Journals (Sweden)

    Ljiljanka Tomerlin

    2003-12-01

    Full Text Available This paper deals with production of ethyl alcohol (biofuel from corn stover acid hydrolysate by yeasts, respectively at Pichia stipitis y-7124 and Pachysolen tannophilus y-2460 and Candida shehatae y-12856. Since moist corn stover (Hybryds 619 is proving to decomposition by phyllospheric microflora. It was (conserved spattered individually by microbicids: Busan-90, Izosan-G and formalin. In form of prismatic bales, it was left in the open air during 6 months (Octobar - March. At the beginning and after 6 months the microbiological control was carried out. The only one unspattered (control and three stover corn bals being individually spattered by microbicids were fragmented and cooked with sulfur acid. The obtained four acid hydrolysates are complex substratums, containing, apart from the sugars (about 11 g dm-3 pentosa and about 5.4 g dm-3 hexose, decomposite components as lignin, caramel sugars and uronic acids. By controlling the activity of the mentioned yeasts it was confirmed that yeasts Pichia stipitis y-7124 obtained best capability of ethyl alcohol production from corn stover acid hydrolysate at 0.23 vol. % to 0.49 vol. %.

  6. Analysis of xanthophylls in corn by HPLC.

    Science.gov (United States)

    Moros, E E; Darnoko, D; Cheryan, M; Perkins, E G; Jerrell, J

    2002-10-09

    An HPLC method was developed using the C-30 carotenoid column to separate and identify the major xanthophylls in corn (lutein, zeaxanthin, and beta-cryptoxanthin). A photodiode array detector and a mobile phase consisting of methyl tert-butyl ether/methanol/water was used. All three xanthophylls eluted in less than 25 min. Yellow dent corn had a total xanthophyll content of 21.97 microg/g with lutein content of 15.7 microg/g, zeaxanthin content of 5.7 microg/g, and beta-cryptoxanthin of 0.57 microg/g. Commercial corn gluten meal had a 7 times higher concentration of xanthophylls (145 microg/g), and deoiled corn contained 18 microg/g, indicating that the xanthophylls are probably bound to the zein fraction of corn proteins.

  7. 7 CFR 1000.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing... advanced pricing factors. Class prices per hundredweight of milk containing 3.5 percent butterfat, component prices, and advanced pricing factors shall be as follows. The prices and pricing factors described...

  8. PLUNGING OIL PRICES IMPACT MALAYSIA’S AND INDONESIA’S ECONOMY

    Directory of Open Access Journals (Sweden)

    Chung Tin Fah

    2017-02-01

    Full Text Available Oil has a profound impact on the world economy. This study examines the impact of changes (falling in oil prices on the two oil producing ASEAN countries – Malaysia and Indonesia using quarterly data from 2005:Q1 to 2014:Q4. A cointegration analysis using an autoregressive distributed lag equation (ARDL is conducted between oil and the Malaysian and Indonesian economy. Next, single equations are estimated on the impact of oil price changes on macroeconomic variables, followed by a VAR formulation to trace the impact of oil price using impulse response function and variance decomposition. The single equation estimates indicate that real oil prices have a significant positive impact on Malaysia/Indonesia GDP, while it is insignificant on inflation rate and real exchange rate. Using an unrestricted VAR model, real oil price growth shocks have positive and negative response on the growth of Malaysia GDP, Indonesia GDP and US GDP. However, the negative response is found more significant for the growth of Indonesia GDP, while the growth of US GDP has a larger influence on Malaysia GDP as compared to Indonesia GDP. Changes in real oil price are less impactful on Malaysia government expenditure and Malaysian Ringgit, compared to inflation rate and net exports.

  9. Essays on the Economics of Climate Change, Biofuel and Food Prices

    Science.gov (United States)

    Seguin, Charles

    exhaustible and output is subject to climate change induced damages. We find that the competitive outcome does not necessarily yield an underproduction of biofuels, but when it does, second best policies like subsidies and mandates can improve welfare. In marketing, there has been extensive empirical research to ascertain whether there is evidence of loss aversion as predicted by several reference price preference theories. Most of that literature finds that there is indeed evidence of loss aversion for many different goods. I argue that it is possible that some of that evidence seemingly supporting loss aversion arises because price endogeneity is not properly taken into account. Using scanner data I study four product categories: bread, chicken, corn and tortilla chips, and pasta. Taking prices as exogenous, I find evidence of loss aversion for bread and corn and tortilla chips. However, when instrumenting prices, the "loss aversion evidence" disappears.

  10. 21 CFR 137.255 - Bolted white corn meal.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Bolted white corn meal. 137.255 Section 137.255... Flours and Related Products § 137.255 Bolted white corn meal. (a) Bolted white corn meal is the food prepared by so grinding and sifting cleaned white corn that: (1) Its crude fiber content is less than 1.2...

  11. Technical and economical analyses of combined heat and power generation from distillers grains and corn stover in ethanol plants

    International Nuclear Information System (INIS)

    Wang, Lijun; Hanna, Milford A.; Weller, Curtis L.; Jones, David D.

    2009-01-01

    The technical and economical feasibilities of a novel integrated biomass gasification and fuel cell combined heat and power (CHP) system were analyzed for supplying heat and power in an ethanol plant from distillers grains (DG) and corn stover. In a current dry-grind plant with an annual production capacity of 189 million liters (50 million gallons) of ethanol, the energy cost for ethanol production using natural gas at a price of 6.47 US$/GJ for processing heat and commercial grid at a price of 0.062 US$/kWh for electrical power supply was 0.094 US$/liter. If the integrated CHP system using wet DG with 64.7% moisture on a wet basis at 105 US$/dry tonne and corn stover with 20% moisture at 30 US$/dry tonne as feedstock was used to supply heat and power in the ethanol plant, the energy costs for ethanol production would be 0.101 US$/liter and 0.070 US$/liter, which are 107% and 75% of the current energy cost for ethanol production, respectively. To meet the demand of processing heat and power in the ethanol plant, the integrated CHP system required 22.1 dry tonnes of corn stover with 20% moisture or 14.5 dry tonnes of DG with 64.7% moisture on a wet basis per hour, compared with the available 18.8 dry tonnes of DG per hour in the ethanol plant. High-value chemicals such as policosanols, phytosterols and free fatty acids can be extracted out of the raw DG to reduce the cost of DG as a feedstock of the integrated CHP system. The energy cost for ethanol production using the integrated CHP system with corn stover and DG as the feedstock for supplying heat and power can be reduced further by increasing ethanol production scale, decreasing the moisture content of biomass feedstock, and decreasing thermal energy to electricity output ratio of the CHP system. In terms of the energy efficiency of the integrated CHP system and the energy cost for ethanol production, the moisture content of the feedstock going into the integrated CHP should be lower than 70% on a wet basis

  12. Crude oil prices: Speculation versus fundamentals

    Science.gov (United States)

    Kolodziej, Marek Krzysztof

    Beginning in 2004, the price of crude oil fluctuates rapidly over a wide range. Large and rapid price increases have recessionary consequences and dampen long-term infrastructural investment. I investigate whether price changes are driven by market fundamentals or speculation. With regard to market fundamentals, I revisit econometric evidence for the importance of demand shocks, as proxied by dry maritime cargo rates, on oil prices. When I eliminate transportation costs from both sides of the equation, disaggregate OPEC and non-OPEC production, and allow for more than one cointegrating relation, I find that previous specifications are inconsistent with arguments that demand shocks play an important role. Instead, results confirm the importance of OPEC supply shocks. I investigate two channels by which speculation may affect oil prices; the direct effect of trader behavior and changes in oil from a commodity to a financial asset. With regard to trader behavior, I find evidence that trader positions are required to explain the spread between spot and futures prices of crude oil on the New York Mercantile Exchange. The inclusion of trader positions clarifies the process of equilibrium error correction, such that there is bidirectional causality between prices and trader positions. This creates the possibility of speculative bubbles. With regard to oil as a commodity and/or financial asset, I use a Kalman Filter model to estimate the time-varying partial correlation between returns to investments in equity and oil markets. This correlation changes from negative to positive at the onset of the 2008 financial crisis. The low interest rates used to rescue the economy depress convenience yields, which reduces the benefits of holding oil as a commodity. Instead, oil becomes a financial asset (on net) as the oil market changed from contango to backwardation. Contradicting simple political narratives, my research suggests that both market fundamentals and speculation drive

  13. Effect of hydrolysis enzymatic process of corn using protease crude (Rhizopus oligosporus-C1) to produce corn hydrolisate rich folic acid

    Science.gov (United States)

    Maryati, Yati; Susilowati, Agustine; Melanie, Hakiki; Lotulung, Puspa D.

    2017-11-01

    Corn hydrolyzate (Zea mays L) as a functional food fortificant derived from natural folic acid has been evaluated through a hydrolysis process using protease enzyme Rhizopus oligosporus strain C1. Enzymatic hydrolysis was carried out on two types of corn; yellow and white pearl variety corn, at concentration of protease enzyme (rough) 0.025; 0.125; and 0.225% (v/w of soluble nixtamal corn protein) with a hydrolysis time of 24 h at 30 °C, and pH 5.0. The results showed that the concentration of protease enzymes can increase the folic acid to the optimum condition, from the beginning to the end of the process time. Folic acid optimization of hydrolysis results in each corn was at the concentration of protease enzyme 0.225% (v/w of soluble nixtamal corn protein) in white corn and yellow corn at 24 hours hydrolysis, with folic acid composition, 283.56 µg/mL and 412.52 µg/mL, 1.07 and 1.04 mg/mL of soluble proteins, proteolytic activity 2.09 and 2.06 U/mL, total solids of 21.74 and 17.85%, total sugars of 0.56 and 2.22 mg/mL, and reducing sugar 91.72 and 48.47 mg/mL. In this condition, the increase of optimum folic acid for white corn was 33.57% and for yellow corn was 71.60% after hydrolysis.

  14. Compositional variability of nutrients and phytochemicals in corn after processing.

    Science.gov (United States)

    Prasanthi, P S; Naveena, N; Vishnuvardhana Rao, M; Bhaskarachary, K

    2017-04-01

    The result of various process strategies on the nutrient and phytochemical composition of corn samples were studied. Fresh and cooked baby corn, sweet corn, dent corn and industrially processed and cooked popcorn, corn grits, corn flour and corn flakes were analysed for the determination of proximate, minerals, xanthophylls and phenolic acids content. This study revealed that the proximate composition of popcorn is high compared to the other corn products analyzed while the mineral composition of these maize products showed higher concentration of magnesium, phosphorus, potassium and low concentration of calcium, manganese, zinc, iron, copper, and sodium. Popcorn was high in iron, zinc, copper, manganese, sodium, magnesium and phosphorus. The xanthophylls lutein and zeaxanthin were predominant in the dent corn and the total polyphenolic content was highest in dent corn while the phenolic acids distribution was variable in different corn products. This study showed preparation and processing brought significant reduction of xanthophylls and polyphenols.

  15. 21 CFR 573.530 - Hydrogenated corn syrup.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 6 2010-04-01 2010-04-01 false Hydrogenated corn syrup. 573.530 Section 573.530... Additive Listing § 573.530 Hydrogenated corn syrup. (a) Identity. The product is produced by hydrogenation of corn syrup over a nickel catalyst. (b) Specifications. The product contains 70 percent...

  16. Entropy, pricing and macroeconomics of pumped-storage systems

    Science.gov (United States)

    Karakatsanis, Georgios; Mamassis, Nikos; Koutsoyiannis, Demetris; Efstratiadis, Andreas

    2014-05-01

    We propose a pricing scheme for the enhancement of macroeconomic performance of pumped-storage systems, based on the statistical properties of both geophysical and economic variables. The main argument consists in the need of a context of economic values concerning the hub energy resource; defined as the resource that comprises the reference energy currency for all involved renewable energy sources (RES) and discounts all related uncertainty. In the case of pumped-storage systems the hub resource is the reservoir's water, as a benchmark for all connected intermittent RES. The uncertainty of all involved natural and economic processes is statistically quantifiable by entropy. It is the relation between the entropies of all involved RES that shapes the macroeconomic state of the integrated pumped-storage system. Consequently, there must be consideration on the entropy of wind, solar and precipitation patterns, as well as on the entropy of economic processes -such as demand preferences on either current energy use or storage for future availability. For pumped-storage macroeconomics, a price on the reservoir's capacity scarcity should also be imposed in order to shape a pricing field with upper and lower limits for the long-term stability of the pricing range and positive net energy benefits, which is the primary issue of the generalized deployment of pumped-storage technology. Keywords: Entropy, uncertainty, pricing, hub energy resource, RES, energy storage, capacity scarcity, macroeconomics

  17. Reactor performance and energy analysis of solid state anaerobic co-digestion of dairy manure with corn stover and tomato residues.

    Science.gov (United States)

    Li, Yangyang; Xu, Fuqing; Li, Yu; Lu, Jiaxin; Li, Shuyan; Shah, Ajay; Zhang, Xuehua; Zhang, Hongyu; Gong, Xiaoyan; Li, Guoxue

    2018-03-01

    Anaerobic co-digestion is commonly believed to be benefical for biogas production. However, additional of co-substrates may require additional energy inputs and thus affect the overall energy efficiency of the system. In this study, reactor performance and energy analysis of solid state anaerobic digestion (SS-AD) of tomato residues with dairy manure and corn stover were investigated. Different fractions of tomato residues (0, 20, 40, 60, 80 and 100%, based on volatile solid weight (VS)) were co-digested with dairy manure and corn stover at 15% total solids. Energy analysis based on experimental data was conducted for three scenarios: SS-AD of 100% dairy manure, SS-AD of binary mixture (60% dairy manure and 40% corn stover, VS based), and SS-AD of ternary mixture (36% dairy manure, 24% corn stover, and 40% tomato residues, VS based). For each scenario, the energy requirements for individual process components, including feedstock collection and transportation, feedstock pretreatment, biogas plant operation, digestate processing and handling, and the energy production were examined. Results showed that the addition of 20 and 40% tomato residues increased methane yield compared to that of the dairy manure and corn stover mixture, indicating that the co-digestion could balance nutrients and improve the performance of solid-state anaerobic digestion. The energy required for heating substrates had the dominant effect on the total energy consumption. The highest volatile solids (VS) reduction (57.0%), methane yield (379.1 L/kg VS feed ), and net energy production were achieved with the mixture of 24% corn stover, 36% dairy manure, and 40% tomato residues. Thus, the extra energy input for adding tomato residues for co-digestion could be compensated by the increase of methane yield. Copyright © 2017 Elsevier Ltd. All rights reserved.

  18. Low-airflow drying of fungicide-treated shelled corn

    International Nuclear Information System (INIS)

    Peterson, W.H.; Benson, P.W.

    1993-02-01

    Approved fungicides inhibit mold growth in shelled corn and allow for longer, natural-air drying. The longer drying periods permit lower than-normal airflows and smaller power units, thus reducing electrical demands on utilities in corn-producing states. Researchers placed approximately 67 m 3 (1900 bu) of one variety of shelled corn at approximately 24% moisture in each of five equally sized storage bins. They partitioned each bin vertically and filled one half of each bin with fungicide-treated corn and one half with untreated corn. Each of four bins used a different airflow. A fifth bin used the lowest of the four airflows but was equipped to capture and use solar energy. All corn dried rapidly with resulting good quality. The percentage of damaged kernels was significantly higher for untreated than for treated corn. The energy required for the lowest airflow system was approximately one half of that required for the higher, more traditional airflows. Because of lower-than-normal airflows, the electrical demand on the utility is approximately one fourth as great as that imposed when the higher, more traditional natural-air systems are used. The 1991 corn growing and drying seasons were unusual in central Illinois, the site of the study. Both harvest and drying occurred several weeks ahead of schedule. Additional work is needed to verify that findings hold true during more-normal Midwest corn growing and drying seasons; the investigators predict that they will. It should be noted that the fungicide used in this study has not yet been approved for widespread use in drying corn

  19. The effects of corn silk on glycaemic metabolism.

    Science.gov (United States)

    Guo, Jianyou; Liu, Tongjun; Han, Linna; Liu, Yongmei

    2009-11-23

    Corn silk contains proteins, vitamins, carbohydrates, Ca, K, Mg and Na salts, fixed and volatile oils, steroids such as sitosterol and stigmasterol, alkaloids, saponins, tannins, and flavonoids. Base on folk remedies, corn silk has been used as an oral antidiabetic agent in China for decades. However, the hypoglycemic activity of it has not yet been understood in terms of modern pharmacological concepts. The purpose of this study is to investigate the effects of corn silk on glycaemic metabolism. Alloxan and adrenalin induced hyperglycemic mice were used in the study. The effects of corn silk on blood glucose, glycohemoglobin (HbA1c), insulin secretion, damaged pancreatic beta-cells, hepatic glycogen and gluconeogenesis in hyperglycemic mice were studied respectively. After the mice were orally administered with corn silk extract, the blood glucose and the HbA1c were significantly decreased in alloxan-induced hyperglycemic mice (p corn silk extract 15 days later. Also, the body weight of the alloxan-induced hyperglycemic mice was increased gradually. However, ascension of blood glucose induced by adrenalin and gluconeogenesis induced by L-alanine were not inhibited by corn silk extract treatment (p > 0.05). Although corn silk extract increased the level of hepatic glycogen in the alloxan-induced hyperglycemic mice, there was no significant difference between them and that of the control group(p > 0.05). Corn silk extract markedly reduced hyperglycemia in alloxan-induced diabetic mice. The action of corn silk extract on glycaemic metabolism is not via increasing glycogen and inhibiting gluconeogenesis but through increasing insulin level as well as recovering the injured beta-cells. The results suggest that corn silk extract may be used as a hypoglycemic food or medicine for hyperglycemic people in terms of this modern pharmacological study.

  20. On the use of hourly pricing in techno-economic analyses for solar photovoltaic systems

    International Nuclear Information System (INIS)

    Sommerfeldt, Nelson; Madani, Hatef

    2015-01-01

    Highlights: • The typical price year (TPY) method is described. • The impact of pricing simplification models on revenues and NPV are tested. • The TPY is shown to be a good long-term price curve for techno-economic studies. • A static mean annual price can replace hourly in the Swedish market with minimal error. - Abstract: The use of hourly prices in distributed photovoltaic (PV) techno-economic analysis is rare, but may become necessary as time-of-day retail pricing becomes more common. A methodology is presented for selecting an hourly price curve suitable for long-term analysis, called the typical price year (TPY), which is based on the methodology for TMY weather data. Using a techno-economic analysis with annual revenues and net present value as indicators, a TPY curve for the Swedish market is validated and then compared to 18 price simplification methods to determine the error introduced by the use of non-hourly prices. Results show that the TPY method produces a curve which accurately represents long term pricing trends, but using a static annual mean introduces minor revenue errors of 1.3%. This suggests the TPY may not be necessary in the Swedish market, but further analysis of the method is suggested for other markets

  1. 21 CFR 73.315 - Corn endosperm oil.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 1 2010-04-01 2010-04-01 false Corn endosperm oil. 73.315 Section 73.315 Food and... ADDITIVES EXEMPT FROM CERTIFICATION Foods § 73.315 Corn endosperm oil. (a) Identity. (1) The color additive corn endosperm oil is a reddish-brown liquid composed chiefly of glycerides, fatty acids, sitosterols...

  2. Optical crop sensor for variable-rate nitrogen fertilization in corn: II - indices of fertilizer efficiency and corn yield

    Directory of Open Access Journals (Sweden)

    Jardes Bragagnolo

    2013-10-01

    Full Text Available Generally, in tropical and subtropical agroecosystems, the efficiency of nitrogen (N fertilization is low, inducing a temporal variability of crop yield, economic losses, and environmental impacts. Variable-rate N fertilization (VRF, based on optical spectrometry crop sensors, could increase the N use efficiency (NUE. The objective of this study was to evaluate the corn grain yield and N fertilization efficiency under VRF determined by an optical sensor in comparison to the traditional single-application N fertilization (TSF. With this purpose, three experiments with no-tillage corn were carried out in the 2008/09 and 2010/11 growing seasons on a Hapludox in South Brazil, in a completely randomized design, at three different sites that were analyzed separately. The following crop properties were evaluated: aboveground dry matter production and quantity of N uptake at corn flowering, grain yield, and vegetation index determined by an N-Sensor® ALS optical sensor. Across the sites, the corn N fertilizer had a positive effect on corn N uptake, resulting in increased corn dry matter and grain yield. However, N fertilization induced lower increases of corn grain yield at site 2, where there was a severe drought during the growing period. The VRF defined by the optical crop sensor increased the apparent N recovery (NRE and agronomic efficiency of N (NAE compared to the traditional fertilizer strategy. In the average of sites 1 and 3, which were not affected by drought, VRF promoted an increase of 28.0 and 41.3 % in NAE and NRE, respectively. Despite these results, no increases in corn grain yield were observed by the use of VRF compared to TSF.

  3. THE IMPACT OF THE RECENT FEDERAL RESERVE LARGESCALE ASSET PURCHASES ON THE AGRICULTURAL COMMODITY PRICES: A HISTORICAL DECOMPOSITION

    Directory of Open Access Journals (Sweden)

    Sayed H. Saghaian

    2014-04-01

    Full Text Available In this study, we evaluate the effects of the recent Federal Reserve’s purchases of longterm assets on prices of agricultural commodities. The first large-scale asset purchases began at the end of 2008, after the Great Recession, and the second purchases began in November of 2010. The commodities included in this analysis are meats (beef, pork, and broilers, cereal grains (corn, soybeans, wheat, and rice, and softs (sugar, coffee, cocoa, and cotton. Using historical decompositions, we find significant increases in the nominal agricultural prices of ten out of 12 agricultural commodities under investigation from the second large-scale asset purchases (in 2010 but the first set large-scale asset purchases had only two positive effects.

  4. Peak-load pricing in two-step-modeling of power generation and transmission

    International Nuclear Information System (INIS)

    Korunig, Jens-Holger

    2005-01-01

    For the use of electric current transmission and distribution networks, which represent a monopolistic bottleneck, are inevitable. In the context of the liberalization of the current markets vertical separation is possible to create a competitive generator market and separated current transmission and distribution networks, which can made be available to the same conditions to all potential net users. A private, independent network carrier, however, would arrange its net from the interest of profit: He would dimension the net probably smaller and would try to orientate the transmission prices to the actual costs. From the point of view of the system operator as well as from the economic point of view time-dependent transmission prices are preferable at the sight of periodically changing demand. The question, which arises thereby, is, to what extent the property structure affects prices and quantities for the current transmission and which property structure under economical aspects (maximization of the welfare, ...) represents the best. It is to be expected, that with a higher degree of competition a higher efficiency and a larger social welfare are obtained. This is to be analysed in a two-stage model with period-dependent demand and modelling both the power generation and the transmission sector regarding different property structures. Different types of market are assumed both on the production and on the distribution stage. Those market results are examined on their welfare effects. This is to accompany with a realistic modelling above all the network area, which represents further (in contrast to the power generation) a natural monopoly: A natural monopoly has compellingly sub additive cost functions. The net sector (and in a further step also the power generation) is to be modelled with decreasing average and marginal costs (current research task). If one permits each behaviour, an enterprise, which possesses this natural monopoly, will extract monopolist

  5. Effect of hydrothermal treated corn flour addition on the quality of corn-field bean gluten-free pasta

    OpenAIRE

    Dib Ahlem; Wójtowicz Agnieszka; Benatallah Leila; Bouasla Abdallah; Zidoune Mohammed Nasreddine

    2018-01-01

    Corn semolina supplemented by field bean semolina in ratio of 2/1 (w/w) were used for obtaining protein and fiber enriched gluten-free pasta. The effect of hydrothermal treatment of corn flour on its applicability as gluten-free pasta improver was tested. A central composite design involving water hydration level and the amount of hydrothermal treated corn flour were used. Instrumental analyses of pasta (cooking loss, water absorption capacity, hydration and pasting properties, textural param...

  6. Pricing health care services: applications to the health maintenance organization.

    Science.gov (United States)

    Sweeney, R E; Franklin, S P

    1986-01-01

    This article illustrates how management in one type of service industry, the health maintenance organization (HMO), have attempted to formalize pricing. This effort is complicated by both the intangibility of the service delivered and the relatively greater influence in service industries of non-cost price factors such as accessibility, psychology, and delays. The presentation describes a simple computerized approach that allows the marketing manager to formally estimate the effect of incremental changes in rates on the firm's projected patterns of enrollment growth and net revenues. The changes in turn reflect underlying variations in the mix of pricing influences including psychological and other factors. Enrollment projections are crucial to the firm's financial planning and staffing. In the past, most HMO enrollment and revenue projections of this kind were notoriously unreliable. The approach described here makes it possible for HMOs to fine-tune their pricing policies. It also provides a formal and easily understood mechanism by which management can evaluate and reach consensus on alternative scenarios for enrollment growth, staff recruitment and capacity expansion.

  7. [Anaerobic co-digestion of corn stalk and vermicompost].

    Science.gov (United States)

    Chen, Guang-yin; Zheng, Zheng; Zou, Xing-xing; Fang, Cai-xia; Luo, Yan

    2010-02-01

    The characteristics of corn stalk digested alone at different total solid (TS) loading rates and co-digestion of various proportions of corn stalk and vermicompost were investigated by batch model at 35 degrees C +/- 1 degrees C. The organic loading rates (OLRs) studied were in the range of 1.2%-6.0% TS and increasing proportions of vermicompost from 20% to 80% TS. A maximum methane yield of corn stalk digested alone was 217.60 mL/g obtained at the TS loading rate of 4.8%. However, when the TS loading rate was 6.0%, the anaerobic system was acidified and the lowest pH value was 5.10 obtained on day 4 and the biogas productivity decreased. Furthermore, co-digestion of vermicompost and corn stalk in varying proportions were investigated at constant of 6.0% TS. Co-digestion with vermicompost improved the biodegradability of corn stalk and the methane yield was improved by 4.42%-58.61%, and led to higher pH values, higher volatile fatty acids (VFAs) concentration and lower alkalinity content compared with corn stalk digested alone. The maximum biogas yield and methane yield of 410.30 mL/g and 259. 35 mL/g were obtained for 40% vermicompost and 60% corn stalk respectively. Compared with corn stalk digested alone, co-digested with vermicompost didn' t affect methane content and the fermentation type, but promoted the destruction of crystalline of cellulose and the highest destruction rate was 29.36% for 40% vermicompost and 60% corn stalk. Therefore, adding vermicompost was beneficial for the decomposition and increasing the biotransformation rate of corn stalk.

  8. Effect of the corn breaking method on oil distribution between stillage phases of dry-grind corn ethanol production.

    Science.gov (United States)

    Wang, H; Wang, T; Johnson, L A; Pometto, A L

    2008-11-12

    The majority of fuel ethanol in the United States is produced by using the dry-grind corn ethanol process. The corn oil that is contained in the coproduct, distillers' dried grains with solubles (DDGS), can be recovered for use as a biodiesel feedstock. Oil removal will also improve the feed quality of DDGS. The most economical way to remove oil is considered to be at the centrifugation step for separating thin stillage (liquid) from coarse solids after distilling the ethanol. The more oil there is in the liquid, the more it can be recovered by centrifugation. Therefore, we studied the effects of corn preparation and grinding methods on oil distribution between liquid and solid phases. Grinding the corn to three different particle sizes, flaking, flaking and grinding, and flaking and extruding were used to break up the corn kernel before fermentation, and their effects on oil distribution between the liquid and solid phases were examined by simulating an industrial decanter centrifuge. Total oil contents were measured in the liquid and solids after centrifugation. Dry matter yield and oil partitioning in the thin stillage were highly positively correlated. Flaking slightly reduced bound fat. The flaked and then extruded corn meal released the highest amount of free oil, about 25% compared to 7% for the average of the other treatments. The freed oil from flaking, however, became nonextractable after the flaked corn was ground. Fine grinding alone had little effect on oil partitioning.

  9. The impact of crude oil price volatility on agricultural employment in the United States

    International Nuclear Information System (INIS)

    Uri, N.D.

    1996-01-01

    This study addresses the question of whether fluctuations in the price of crude oil have affected agricultural employment in the United States. After reviewing previous assessments of the issue, the existence of an empirical relationship between agricultural employment and crude oil price volatility is established using cointegration tests. Subsequently, the nature of the relationship is estimated with the results suggesting that at least three full years are required before the measurable impacts of a percentage change in the real price of crude oil on the change in agricultural employment are exhausted. Finally, the structural stability of the functional relationship between the change in agricultural employment and the volatility of the price of crude oil, the percentage changes in expected net farm income, realized technological innovation, and the wage rate is examined. (author)

  10. Inhibitory effect of corn silk on skin pigmentation.

    Science.gov (United States)

    Choi, Sang Yoon; Lee, Yeonmi; Kim, Sung Soo; Ju, Hyun Min; Baek, Ji Hwoon; Park, Chul-Soo; Lee, Dong-Hyuk

    2014-03-03

    In this study, the inhibitory effect of corn silk on melanin production was evaluated. This study was performed to investigate the inhibitory effect of corn silk on melanin production in Melan-A cells by measuring melanin production and protein expression. The corn silk extract applied on Melan-A cells at a concentration of 100 ppm decreased melanin production by 37.2% without cytotoxicity. This was a better result than arbutin, a positive whitening agent, which exhibited a 26.8% melanin production inhibitory effect at the same concentration. The corn silk extract did not suppress tyrosinase activity but greatly reduced the expression of tyrosinase in Melan-A cells. In addition, corn silk extract was applied to the human face with hyperpigmentation, and skin color was measured to examine the degree of skin pigment reduction. The application of corn silk extract on faces with hyperpigmentation significantly reduced skin pigmentation without abnormal reactions. Based on the results above, corn silk has good prospects for use as a material for suppressing skin pigmentation.

  11. Inhibitory Effect of Corn Silk on Skin Pigmentation

    Directory of Open Access Journals (Sweden)

    Sang Yoon Choi

    2014-03-01

    Full Text Available In this study, the inhibitory effect of corn silk on melanin production was evaluated. This study was performed to investigate the inhibitory effect of corn silk on melanin production in Melan-A cells by measuring melanin production and protein expression. The corn silk extract applied on Melan-A cells at a concentration of 100 ppm decreased melanin production by 37.2% without cytotoxicity. This was a better result than arbutin, a positive whitening agent, which exhibited a 26.8% melanin production inhibitory effect at the same concentration. The corn silk extract did not suppress tyrosinase activity but greatly reduced the expression of tyrosinase in Melan-A cells. In addition, corn silk extract was applied to the human face with hyperpigmentation, and skin color was measured to examine the degree of skin pigment reduction. The application of corn silk extract on faces with hyperpigmentation significantly reduced skin pigmentation without abnormal reactions. Based on the results above, corn silk has good prospects for use as a material for suppressing skin pigmentation.

  12. Russian natural gas exports-Will Russian gas price reforms improve the European security of supply?

    International Nuclear Information System (INIS)

    Sagen, Eirik Lund; Tsygankova, Marina

    2008-01-01

    In this paper we use both theoretical and numerical tools to study potential effects on Russian gas exports from different Russian domestic gas prices and production capacities in 2015. We also investigate whether a fully competitive European gas market may provide incentives for Gazprom, the dominant Russian gas company, to change its export behaviour. Our main findings suggest that both increased domestic gas prices and sufficient production capacities are vital to maintain Gazprom's market share in Europe over the next decade. In fact, Russia may struggle to carry out its current long-term export commitments if domestic prices are sufficiently low. At the same time, if Russian prices approach European net-back levels, Gazprom may reduce exports in favour of a relatively more profitable domestic market

  13. Impacts of the U.S. subsidy to soybeans on World prices, production and exports

    Directory of Open Access Journals (Sweden)

    Antônio Salazar P. Brandão

    2006-12-01

    Full Text Available This paper specifies and estimates an econometric model of the soybean market (grain, oil and meal to assess the effects of U.S. domestic support to soybeans on world soybean prices, production and exports. The model divides the world into five regions (modules: Argentina, Brazil, the European Union, the United States (US and the Rest of the World (ROW. There are interactions between the modules through the international prices and the net exports of each soybean product. The international prices of grain, oil and meal are endogenous and are determined equating net exports of the first four modules (Argentina, Brazil, European Union and the U.S. to net imports of the ROW. The analysis is conducted eliminating the U.S. domestic support to soybeans and simulating the impacts on the variables of interest. The simulations show a significant impact of the US subsidy to soybeans on world prices and net exports of the four selected regions.Este trabalho estima um modelo econométrico do mercado de soja e derivados com o objetivo de avaliar os efeitos das políticas de apoio interno dos Estados Unidos sobre os preços internacionais, sobre a produção e sobre as exportações. O modelo divide o mundo em cinco regiões: Argentina, Brasil, Estados Unidos, União Européia e Demais países. A interação entre as regiões ocorre através dos preços internacionais e pelas exportações líquidas em cada um dos mercados. Os preços internacionais dos três produtos são determinados igualando-se a soma das exportações líquidas das cinco regiões. A análise é feita eliminando o apoio doméstico nos Estados Unidos e simulando o impacto nas variáveis de interesse. As simulações mostram impactos significativos do subsídio americano sobre os preços internacionais e sobre as exportações líquidas de Argentina, Brasil, Estados Unidos e União Européia.

  14. Composition of forage and grain from second-generation insect-protected corn MON 89034 is equivalent to that of conventional corn (Zea mays L.).

    Science.gov (United States)

    Drury, Suzanne M; Reynolds, Tracey L; Ridley, William P; Bogdanova, Natalia; Riordan, Susan; Nemeth, Margaret A; Sorbet, Roy; Trujillo, William A; Breeze, Matthew L

    2008-06-25

    Insect-protected corn hybrids containing Cry insecticidal proteins derived from Bacillus thuringiensis have protection from target pests and provide effective management of insect resistance. MON 89034 hybrids have been developed that produce both the Cry1A.105 and Cry2Ab2 proteins, which provide two independent modes of insecticidal action against the European corn borer ( Ostrinia nubilalis ) and other lepidopteran insect pests of corn. The composition of MON 89034 corn was compared to conventional corn by measuring proximates, fiber, and minerals in forage and by measuring proximates, fiber, amino acids, fatty acids, vitamins, minerals, antinutrients, and secondary metabolites in grain collected from 10 replicated field sites across the United States and Argentina during the 2004-2005 growing seasons. Analyses established that the forage and grain from MON 89034 are compositionally comparable to the control corn hybrid and conventional corn reference hybrids. These findings support the conclusion that MON 89034 is compositionally equivalent to conventional corn hybrids.

  15. Monitoring Crop Productivity over the U.S. Corn Belt using an Improved Light Use Efficiency Model

    Science.gov (United States)

    Wu, X.; Xiao, X.; Zhang, Y.; Qin, Y.; Doughty, R.

    2017-12-01

    Large-scale monitoring of crop yield is of great significance for forecasting food production and prices and ensuring food security. Satellite data that provide temporally and spatially continuous information that by themselves or in combination with other data or models, raises possibilities to monitor and understand agricultural productivity regionally. In this study, we first used an improved light use efficiency model-Vegetation Photosynthesis Model (VPM) to simulate the gross primary production (GPP). Model evaluation showed that the simulated GPP (GPPVPM) could well captured the spatio-temporal variation of GPP derived from FLUXNET sites. Then we applied the GPPVPM to further monitor crop productivity for corn and soybean over the U.S. Corn Belt and benchmarked with county-level crop yield statistics. We found VPM-based approach provides pretty good estimates (R2 = 0.88, slope = 1.03). We further showed the impacts of climate extremes on the crop productivity and carbon use efficiency. The study indicates the great potential of VPM in estimating crop yield and in understanding of crop yield responses to climate variability and change.

  16. Net Metering and Market Feedback Loops: Exploring the Impact of Retail Rate Design on Distributed PV Deployment

    Energy Technology Data Exchange (ETDEWEB)

    Darghouth, Naïm R. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Wiser, Ryan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Barbose, Galen [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Mills, Andrew [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2015-01-13

    The substantial increase in deployment of customer-sited solar photovoltaics (PV) in the United States has been driven by a combination of steeply declining costs, financing innovations, and supportive policies. Among those supportive policies is net metering, which in most states effectively allows customers to receive compensation for distributed PV generation at the full retail electricity price. The current design of retail electricity rates and the presence of net metering have elicited concerns that the possible under-recovery of fixed utility costs from PV system owners may lead to a feedback loop of increasing retail prices that accelerate PV adoption and further rate increases. However, a separate and opposing feedback loop could offset this effect: increased PV deployment may lead to a shift in the timing of peak-period electricity prices that could reduce the bill savings received under net metering where time-varying retail electricity rates are used, thereby dampening further PV adoption. In this paper, we examine the impacts of these two competing feedback dynamics on U.S. distributed PV deployment through 2050 for both residential and commercial customers, across states. Our results indicate that, at the aggregate national level, the two feedback effects nearly offset one another and therefore produce a modest net effect, although their magnitude and direction vary by customer segment and by state. We also model aggregate PV deployment trends under various rate designs and net-metering rules, accounting for feedback dynamics. Our results demonstrate that future adoption of distributed PV is highly sensitive to retail rate structures. Whereas flat, time-invariant rates with net metering lead to higher aggregate national deployment levels than the current mix of rate structures (+5% in 2050), rate structures with higher monthly fixed customer charges or PV compensation at levels lower than the full retail rate can dramatically erode aggregate customer

  17. Use of corn distiller's solubles from an ethanol plant for aquaculture

    Energy Technology Data Exchange (ETDEWEB)

    Kohler, C.C.

    1984-06-01

    Wet stillage can economically be separated into two fractions: distiller's grain and distiller's solubles. Wet corn distiller's grain has shown potential as a feed supplement for ruminants, swine, and poultry. However, the soluble fraction (with suspended particles) is of little food value to terrestrial animals because of its high water content; it is not generally economically feasible to concentrate it further. The purpose of this project is to determine if the soluble by-product could potentially be used as a food source in an aquatic environment where its high water content would not necessarily pose an impediment. Studies have shown that corn distiller's solubles are not highly toxic to aquatic organisms at concentrations ranging up to 10,000 ppM. However, the high biological oxygen demand of the material requires that it be administered to ponds at rates less than 2000 ppM on a daily basis. Golden shiners were observed to actively consume the particulates of the corn distiller's solubles. Direct consumption of the particulates by fish makes the use of corn distiller's solubles in aquaculture much more attractive than if the by-product only serves to increase pond fertility. Despite the minimum amount of food material added to the ponds, production of shrimp and fish was favorable over the 4 month growing periods. Golden shiners reared in the same ponds as shrimp had production rates equivalent to 130 kg ha/sup -1/. Monoculture of shrimp at higher densities (3000 to 5000 shrimp stocked per pond versus 2000 in 1982) resulted in an average production equivalent to approximately 228 kg ha/sup -1/, with individual shrimp averaging 10.5 g. Based on estimated wholesale prices of $10.00 and $7.75 per kilogram for frozen shrimp and live fish, respectively, the gross profit margin would have exceeded $2000 ha/sup -1/ both years. 25 references, 13 figures, 13 tables.

  18. Boom or bust : developing countries' rough ride on the commodity price rollercoaster

    International Nuclear Information System (INIS)

    Brown, O.; Gibson, J.

    2006-10-01

    Current high commodity prices are driven by strong demand from the emerging economies of China and India in addition to high consumption in the United States. Many developing countries are experiencing massive windfall revenues from high commodity prices. However, commodity prices are highly volatile in the short term, and can vary as much as 50 per cent in a single year. While developed country producers are supported by subsidies and social safety nets, developing countries and smallholder producers feel the extent of commodity price volatility more directly. Many developing countries are becoming locked into the production and export of primary commodities whose volatile prices are declining over the long term, and over which they have very little control. Price volatility makes sound fiscal planning difficult for both countries and producers. Price booms and busts also drive social inequalities, livelihood inequalities, and corruption. Price swings can cause conflict over valuable land and resources, and does not create incentives for sound environmental stewardship. This paper described the impacts of commodity price volatility in developing countries with the aim of promoting discussion about what can be done to help stabilize revenues for countries as well as producers. Price trends and their importance were reviewed, and the theoretical benefits of liberalized commodity markets were examined. Previous attempts to stabilize commodity prices were reviewed. It was concluded that the best long-term solution to the commodity price problem is economic diversification. Recommendations for promoting economic diversification were provided. 43 refs., 1 tab., 2 figs

  19. The effects of corn silk on glycaemic metabolism

    Directory of Open Access Journals (Sweden)

    Han Linna

    2009-11-01

    Full Text Available Abstract Background Corn silk contains proteins, vitamins, carbohydrates, Ca, K, Mg and Na salts, fixed and volatile oils, steroids such as sitosterol and stigmasterol, alkaloids, saponins, tannins, and flavonoids. Base on folk remedies, corn silk has been used as an oral antidiabetic agent in China for decades. However, the hypoglycemic activity of it has not yet been understood in terms of modern pharmacological concepts. The purpose of this study is to investigate the effects of corn silk on glycaemic metabolism. Methods Alloxan and adrenalin induced hyperglycemic mice were used in the study. The effects of corn silk on blood glucose, glycohemoglobin (HbA1c, insulin secretion, damaged pancreatic β-cells, hepatic glycogen and gluconeogenesis in hyperglycemic mice were studied respectively. Results After the mice were orally administered with corn silk extract, the blood glucose and the HbA1c were significantly decreased in alloxan-induced hyperglycemic mice (p 0.05. Although corn silk extract increased the level of hepatic glycogen in the alloxan-induced hyperglycemic mice, there was no significant difference between them and that of the control group(p > 0.05. Conclusion Corn silk extract markedly reduced hyperglycemia in alloxan-induced diabetic mice. The action of corn silk extract on glycaemic metabolism is not via increasing glycogen and inhibiting gluconeogenesis but through increasing insulin level as well as recovering the injured β-cells. The results suggest that corn silk extract may be used as a hypoglycemic food or medicine for hyperglycemic people in terms of this modern pharmacological study.

  20. Visual responses of corn silk flies (Diptera: Ulidiidae)

    Science.gov (United States)

    Corn silk flies are major pests impacting fresh market sweet corn production in Florida and Georgia. Control depends solely on well-times applications of insecticides to protect corn ear development. Surveillance depends on visual inspection of ears with no effective trapping methods currently ava...

  1. Nonrenewable energy cost of corn-ethanol in China

    International Nuclear Information System (INIS)

    Yang, Q.; Chen, G.Q.

    2012-01-01

    Nonrenewable energy cost is accounted for the believed renewable biofuel of corn-ethanol in China. By a process-based energy analysis, nonrenewable energy cost in the corn-ethanol production process incorporating agricultural crop production, industrial conversion and wastewater treatment is conservatively estimated as 1.70 times that of the ethanol energy produced, corresponding to a negative energy return in contrast to the positive ones previously reported. Nonrenewable energy cost associated with wastewater treatment usually ignored in previous researches is shown important in the energy balance. Denoting the heavy nonrenewability of the produced corn-ethanol, the calculated nonrenewable energy cost would rise to 3.64 folds when part of the nonrenewable energy cost associated with water consumption, transportation and environmental remediation is included. Due to the coal dominated nonrenewable energy structure in China, corn-ethanol processes in China are mostly a conversion of coal to ethanol. Validations and discussions are also presented to reveal policy implications against corn based ethanol as an alternative energy in long term energy security planning. - Highlights: ► Nonrenewable energy (NE) cost is conservatively accounted for corn-ethanol in China. ► Corn cultivation, ethanol conversion and wastewater treatment are included. ► NE cost is estimated as 1.70 times that of the ethanol energy produced. ► Corn-ethanol processes in China are mostly a conversion of coal to ethanol.

  2. Enzymatic hydrolysis of corn bran arabinoxylan

    DEFF Research Database (Denmark)

    Agger, Jane

    as a model substrate because it represents a readily available agroindustrial side product with upgrading potentials. Corn bran originates from the wet-milling process in corn starch processing, is the outmost layers of the corn kernel and is particularly rich in pentose monosaccharides comprising the major...... in a complex and ridig cell wall structure. This thesis contains a thorough examination of the monosaccharide and structural composition of corn bran, which is used to assess and apply the relevant mono component enzyme preparations. In this way, the aim is to obtain the most effective minimal enzymatic......, especially with respect to xylose and glucose release, but vast amounts of the valuable monosaccharides are lost during this pretreatment and this is especially evident for arabinose. From a scientific point of view acid catalysed pretreatment renders the substrate in a state of disruption where assessment...

  3. 21 CFR 137.290 - Self-rising yellow corn meal.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Self-rising yellow corn meal. 137.290 Section 137... Cereal Flours and Related Products § 137.290 Self-rising yellow corn meal. Self-rising yellow corn meal conforms to the definition and standard of identity prescribed by § 137.270 for self-rising white corn meal...

  4. 21 CFR 137.270 - Self-rising white corn meal.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 2 2010-04-01 2010-04-01 false Self-rising white corn meal. 137.270 Section 137... Cereal Flours and Related Products § 137.270 Self-rising white corn meal. (a) Self-rising white corn meal is an intimate mixture of white corn meal, sodium bicarbonate, and one or both of the acid-reacting...

  5. Share Price Analyst With PBV, DER, And EPS At Initial Public Offering

    Directory of Open Access Journals (Sweden)

    Kriswanto Kriswanto

    2016-09-01

    Full Text Available Underpricing and overpricing are commonly happened in stocks market. Underpricing happened when IPO pricing was lower than closing price in the first day stock been trade in the market. There were some measurements to be used, like Price to Book Value (PBV, Price Earning Ratio (PER, Earning Per Share (EPS, Debt to Equity Ratio (DER, Net Profit Margin (NPM, Size of Company (Size and Company Age (Age. The type of research was quantitative with a comparative analysis which focused on the study of literature to support research by describing theories related to the title of the study, data collection of financial statements, and annual reports of companies going public as well as Fact Book published. This article used data from 78 companies that did IPOin 2010 to 2013. This research finds that some statistic used to show majority variables that influence to underpricing is PBV, PER, DER,and Size.

  6. Biofuels derived from corn; Biocombustibles derivados del maiz

    Energy Technology Data Exchange (ETDEWEB)

    Arvizu Fernandez, Jose Luis [Instituto de Investigaciones Electricas, Cuernavaca, Morelos (Mexico)

    2012-06-22

    The biofuels can be obtained from the biomass, are liquid, solid or gaseous from matter of vegetal or animal origin, by biological, chemical or physical processes and combinations of them. The biofuels appear as an alternating fuels in the transport sector, mainly due to the positive impact of greenhouse gases effect (GHG) and to the increase of oil prices. In theory the use of bioethanol and the biofuels, they not have CO{sub 2} emissions since this it is absorbed in the same amount by the cultures that generate them, as the corn or sugar cane. Our country has a deficit in the food production, mainly in corn, grain that can offer the opportunity not only to continue being the base of the national feeding, but also the raw material to produce bioethanol. The national yields are so diverse that they resemble to those of EUA or Africa, without a doubt this is indicative that is due to devise the way of increase the yields of this appraised culture, reach in average the six tons by hectare, improving the culture practice and access to fertilizers, water, transport, transparent markets and right prices. [Spanish] Los biocombustibles pueden ser obtenidos de la biomasa, son liquidos, solidos o gaseosos provenientes de material vegetal u origen animal, pueden obtenerse mediante procesos biologicos, quimicos o fisicos, y combinaciones de ellos. Se presentan como combustibles alternos en el sector transporte, debido principalmente al impacto positivo de la reduccion de gases de efecto invernadero (GEI) y al aumento de los precios del petroleo. En teoria el uso del bioetanol y los biocombustibles no produce emisiones de CO{sub 2} porque este se absorbe en la misma cantidad a traves de los cultivos que los generan, como el maiz y la cana de azucar. Mexico tiene deficit en la produccion de alimentos, principalmente maiz, grano que puede ofrecer la oportunidad no solo de continuar siendo la base de la alimentacion nacional, sino tambien la materia prima para producir bioetanol

  7. Quantitative analysis of allantoin in Iranian corn silk

    OpenAIRE

    E. Khanpour*; M. Modarresi

    2017-01-01

    Background and objectives: Zea mays is cultivated in different parts of Iran and corn silk is used in traditional medicine. Allantoin is one of the major compounds in corn silk. The purpose of this research was the quantitatve analysis of allantoin in corn silks belonging to several regions of Iran. Methods: The samples of corn silk were prepared from three provinces of Iran (Kermanshah, Fars and Razavi Khorasan). The dried plant materials were infused in boiling distilled water with a temper...

  8. Detoxification of corn stover and corn starch pyrolysis liquors by ligninolytic enzymes of Phanerochaete chrysosporium.

    Science.gov (United States)

    Khiyami, Mohammad A; Pometto, Anthony L; Brown, Robert C

    2005-04-20

    Phanerochaete chrysosporium (ATCC 24725) shake flask culture with 3 mM veratryl alcohol addition on day 3 was able to grow and detoxify different concentrations of diluted corn stover (Dcs) and diluted corn starch (Dst) pyrolysis liquors [10, 25, and 50% (v/v)] in defined media. GC-MS analysis of reaction products showed a decrease and change in some compounds. In addition, the total phenolic assay with Dcs samples demonstrated a decrease in the phenolic compounds. A bioassay employing Lactobacillus casei growth and lactic acid production was developed to confirm the removal of toxic compounds from 10 and 25% (v/v) Dcs and Dst by the lignolytic enzymes, but not from 50% (v/v) Dcs and Dst. The removal did not occur when sodium azide or cycloheximide was added to Ph. chrysosporium culture media, confirming the participation of lignolytic enzymes in the detoxification process. A concentrated enzyme preparation decreased the phenolic compounds in 10% (v/v) corn stover and corn starch pyrolysis liquors to the same extent as the fungal cultures.

  9. Decomposing variation in dairy profitability: the impact of output, inputs, prices, labour and management.

    Science.gov (United States)

    Wilson, P

    2011-08-01

    The UK dairy sector has undergone considerable structural change in recent years, with a decrease in the number of producers accompanied by an increased average herd size and increased concentrate use and milk yields. One of the key drivers to producers remaining in the industry is the profitability of their herds. The current paper adopts a holistic approach to decomposing the variation in dairy profitability through an analysis of net margin data explained by physical input-output measures, milk price variation, labour utilization and managerial behaviours and characteristics. Data are drawn from the Farm Business Survey (FBS) for England in 2007/08 for 228 dairy enterprises. Average yields are 7100 litres/cow/yr, from a herd size of 110 cows that use 0·56 forage ha/cow/yr and 43·2 labour h/cow/yr. An average milk price of 22·57 pence per litre (ppl) produced milk output of £1602/cow/yr, which after accounting for calf sales, herd replacements and quota leasing costs, gave an average dairy output of £1516/cow/yr. After total costs of £1464/cow/yr this left an economic return of £52/cow/yr (0·73 ppl) net margin profit. There is wide variation in performance, with the most profitable (as measured by net margin per cow) quartile of producers achieving 2000 litres/cow/yr more than the least profitable quartile, returning a net margin of £335/cow/yr compared to a loss of £361/cow/yr for the least profitable. The most profitable producers operate larger, higher yielding herds and achieve a greater milk price for their output. In addition, a significantly greater number of the most profitable producers undertake financial benchmarking within their businesses and operate specialist dairy farms. When examining the full data set, the most profitable enterprises included significantly greater numbers of organic producers. The most profitable tend to have a greater reliance on independent technical advice, but this finding is not statistically significant

  10. Distribution Locational Marginal Pricing for Optimal Electric Vehicle Charging Management

    DEFF Research Database (Denmark)

    Li, Ruoyang; Wu, Qiuwei; Oren, Shmuel S.

    2013-01-01

    This paper presents an integrated distribution locational marginal pricing (DLMP) method designed to alleviate congestion induced by electric vehicle (EV) loads in future power systems. In the proposed approach, the distribution system operator (DSO) determines distribution locational marginal...... shown that the socially optimal charging schedule can be implemented through a decentralized mechanism where loads respond autonomously to the posted DLMPs by maximizing their individual net surplus...

  11. Corn residue utilization by livestock in the USA

    Science.gov (United States)

    Corn (Zea mays L.) residue grazing or harvest provides a simple and economical practice to integrate crops and livestock. Limited information is available on how widespread corn residue utilization is practiced by US producers. In 2010, the USDA-ERS surveyed producers from 19 states on corn grain ...

  12. Production of ethanol and furfural from corn stover

    Science.gov (United States)

    Corn stover has potential for economical production of biofuels and value-added chemicals. The conversion of corn stover to sugars involves pretreatment and enzymatic hydrolysis. We have optimized hydrothermal, dilute H2SO4 and dilute H3PO4 pretreatments of corn stover for enzymatic saccharificati...

  13. Determinants of market prices of shares on the capital market of Bosnia and Herzegovina

    Directory of Open Access Journals (Sweden)

    Alihodžić Almir

    2017-01-01

    Full Text Available Stock markets are efficient if the prices at any time reflect all publicly available information. Share prices should be adjusted at those points when investors try to take advantage of the new information that was not subject to accounting recognition. The main goal of this paper will be to determine whether the financial statements of a selected group of companies listed on the Sarajevo and Banja Luka Stock Exchange represent a good basis and reflect the market price or simply follow the legal obligations and requirements by regulatory agencies. The paper is based on the regression analysis of dependent and independent variables in the period from 2011 to 2015. The dependent variable will be the closing trading price on the stock exchanges, whereas the independent variables will be: the market price and earnings (PE ratio, earnings per share (EPS, net profit after tax (NP, return on equity (ROE, the market and book value (PB ratio, and the total turnover on the stock exchanges (TR.

  14. New Local, National and Regional Cereal Price Indices for Improved Identification of Food Insecurity

    Science.gov (United States)

    Brown, Molly E.; Tondel, Fabien; Thorne, Jennifer A.; Essam, Timothy; Mann, Bristol F.; Stabler, Blake; Eilerts, Gary

    2011-01-01

    Large price increases over a short time period can be indicative of a deteriorating food security situation. Food price indices developed by the United Nations Food and Agriculture Organization (FAO) are used to monitor food price trends at a global level, but largely reflect supply and demand conditions in export markets. However, reporting by the United States Agency for International Development (USAID)'s Famine Early Warning Systems Network (FEWS NET) indicates that staple cereal prices in many markets of the developing world, especially in surplus-producing areas, often have a delayed and variable response to international export market price trends. Here we present new price indices compiled for improved food security monitoring and assessment, and specifically for monitoring conditions of food access across diverse food insecure regions. We found that cereal price indices constructed using market prices within a food insecure region showed significant differences from the international cereals price, and had a variable price dispersion across markets within each marketshed. Using satellite-derived remote sensing information that estimates local production and the FAO Cereals Index as predictors, we were able to forecast movements of the local or national price indices in the remote, arid and semi-arid countries of the 38 countries examined. This work supports the need for improved decision-making about targeted aid and humanitarian relief, by providing earlier early warning of food security crises.

  15. Effect of irradiation on sweet corn preservation

    International Nuclear Information System (INIS)

    Fu Junjie

    2002-01-01

    60 Co γ-ray was used to irradiate newly-harvested sweet corn and the results showed that the effects of irradiation on soluble solids, sucrose, starch and total sugar were not significant. The viscosity of starch decreased with the increasing of irradiation dose. The preservation duration of irradiated sweet corn was 7 days longer than that of CK, and the sweet, smell, taste of sweet corn had no abnormal change

  16. Comparison of the effects of conditional food and cash transfers of the Ethiopian Productive Safety Net Program on household food security and dietary diversity in the face of rising food prices: ways forward for a more nutrition-sensitive program.

    Science.gov (United States)

    Baye, Kaleab; Retta, Negussie; Abuye, Cherinet

    2014-09-01

    In light of the continuing rise in food prices during and after the 2008 world food crisis, whether food and cash transfers are equally effective in improving food security and diet quality is debatable. To compare the effects of conditional food and cash transfers of the Ethiopian Productive Safety Net Program (PSNP) on household food security and dietary diversity. Data on household dietary diversity, child anthropometry, food security, and preference of transfer modalities (food, cash, or mixed) were generated from a cross-sectional survey of 195 PSNP beneficiary households (67 receiving food and 128 receiving cash) in Hawella Tulla District, Sidama, southern Ethiopia. Most beneficiaries (96%) reported food shortages, and 47% reported food shortages that exceeded 3 months. Households receiving cash had better household dietary diversity scores (p = .02) and higher consumption of oils and fats (p = .003) and vitamin A-rich foods (p = .002). Compared with households receiving food, households receiving cash were more affected by increases in food prices that forced them to reduce their number of daily meals (p diversity than households receiving food, a result suggesting that cash transfers may be more effective. However, the continuing rise infood prices may offset these benefits unless cash transfers are index-linked to food price fluctuations.

  17. Biofuels versus food production: Does biofuels production increase food prices?

    International Nuclear Information System (INIS)

    Ajanovic, Amela

    2011-01-01

    Rapidly growing fossil energy consumption in the transport sector in the last two centuries caused problems such as increasing greenhouse gas emissions, growing energy dependency and supply insecurity. One approach to solve these problems could be to increase the use of biofuels. Preferred feedstocks for current 1st generation biofuels production are corn, wheat, sugarcane, soybean, rapeseed and sunflowers. The major problem is that these feedstocks are also used for food and feed production. The core objective of this paper is to investigate whether the recent increase of biofuels production had a significant impact on the development of agricultural commodity (feedstock) prices. The most important impact factors like biofuels production, land use, yields, feedstock and crude oil prices are analysed. The major conclusions of this analysis are: In recent years the share of bioenergy-based fuels has increased moderately, but continuously, and so did feedstock production, as well as yields. So far, no significant impact of biofuels production on feedstock prices can be observed. Hence, a co-existence of biofuel and food production seems possible especially for 2nd generation biofuels. However, sustainability criteria should be seriously considered. But even if all crops, forests and grasslands currently not used were used for biofuels production it would be impossible to substitute all fossil fuels used today in transport.

  18. Compositional analysis of genetically modified corn events (NK603, MON88017×MON810 and MON89034×MON88017) compared to conventional corn.

    Science.gov (United States)

    Rayan, Ahmed M; Abbott, Louise C

    2015-06-01

    Compositional analysis of genetically modified (GM) crops continues to be an important part of the overall evaluation in the safety assessment for these materials. The present study was designed to detect the genetic modifications and investigate the compositional analysis of GM corn containing traits of multiple genes (NK603, MON88017×MON810 and MON89034×MON88017) compared with non-GM corn. Values for most biochemical components assessed for the GM corn samples were similar to those of the non-GM control or were within the literature range. Significant increases were observed in protein, fat, fiber and fatty acids of the GM corn samples. The observed increases may be due to the synergistic effect of new traits introduced into corn varieties. Furthermore, SDS-PAGE analysis showed high similarity among the protein fractions of the investigated corn samples. These data indicate that GM corn samples were compositionally equivalent to, and as nutritious as, non-GM corn. Copyright © 2014 Elsevier Ltd. All rights reserved.

  19. Renewable corn-ethanol and energy security

    International Nuclear Information System (INIS)

    Eaves, James

    2007-01-01

    Though corn-ethanol is promoted as renewable, models of the production process assume fossil fuel inputs. Moreover, ethanol is promoted as a means of increasing energy security, but there is little discussion of the dependability of its supply. This study investigates the sensibility of promoting corn-ethanol as an automobile fuel, assuming a fully renewable production process. We then use historical data to estimate the supply risk of ethanol relative to imported petroleum. We find that devoting 100% of US corn to ethanol would displace 3.5% of gasoline consumption and the annual supply of the ethanol would be inherently more risky than that of imported oil. Finally, because large temperature increases can simultaneously increase fuel demand and the cost of growing corn, the supply responses of ethanol producers to temperature-induced demand shocks would likely be weaker than those of gasoline producers. (author)

  20. Agricultural and oil commodities: price transmission and market integration between US and Italy

    Directory of Open Access Journals (Sweden)

    Franco Rosa

    2014-08-01

    Full Text Available Purpose of this article it to get some evidences of market interaction between United States and Italy using the time series analysis of spot prices spanning from January 1999 to May 2012 for crude oil and three ag-commodities: wheat, corn and soybean. These crops have been selected for their relevance in ag-commodity exchanges between US and Italy markets. The integration between US and Italy agricultural markets is hypothesized for the consistent volume of crop traded between these two countries while the price transmission is related to the leading price signals of the CBT (Chicago Board of Trade. The integration between oil and ag-commodity markets is suggested both by the large use of energy intensive inputs, (fertilizer, seed, machinery in production of these ag-commodities, and their use in biofuel production. The results suggest: a for US market the evidence of market integration between crude oil and US ag-commodities; b for Italy the integration with US ag-commodity markets and less evidence of integration with the oil market. These results are valuable information both for the agents and policy makers contributing to improve the information accuracy to predict the price movements used by marketing operators for their strategies and policy makers to set up policies to re-establish conditions of market efficiency and allocate these ag-commodities in alternative market channels.

  1. An energy analysis of ethanol from cellulosic feedstock. Corn stover

    Energy Technology Data Exchange (ETDEWEB)

    Luo, Lin; Van der Voet, Ester; Huppes, Gjalt [Institute of Environmental Sciences (CML), Leiden University, P.O. Box 9518, 2300 RA, Leiden (Netherlands)

    2009-10-15

    The shift from fossil resources to renewables for energy and materials production has been the driving force for research on energy analysis and environmental impact assessment of bio-based production. This study presents a detailed energy analysis of corn stover based ethanol production using advanced cellulosic technologies. The method used differs from that in LCA and from major studies on the subject as published in Science in two respects. First, it accounts for all the co-products together and so mainly avoids the allocation problems which plague all LCA studies explicitly and other studies implicitly. Second, the system boundaries only involve the content of the energy products used in the system but not the production processes of these energy products, like refining and electricity production. We normalized the six Science studies to this unified method. The resulting values of the total energy product use in both agricultural production and biomass conversion to ethanol are lower than these literature values. LCA-type of values including energy conversion would systematically be higher, in our case study around 45%. The net energy value of cellulosic ethanol production is substantially higher than the ones of the corn-based technologies, and it is similar to incineration and gasification for electricity production. The detailed analysis of energy inputs indicates opportunities to optimize the system. This form of energy analysis helps establishing models for the analysis of more complex systems such as biorefineries. (author)

  2. Three essays on price dynamics and causations among energy markets and macroeconomic information

    Science.gov (United States)

    Hong, Sung Wook

    This dissertation examines three important issues in energy markets: price dynamics, information flow, and structural change. We discuss each issue in detail, building empirical time series models, analyzing the results, and interpreting the findings. First, we examine the contemporaneous interdependencies and information flows among crude oil, natural gas, and electricity prices in the United States (US) through the multivariate generalized autoregressive conditional heteroscedasticity (MGARCH) model, Directed Acyclic Graph (DAG) for contemporaneous causal structures and Bernanke factorization for price dynamic processes. Test results show that the DAG from residuals of out-of-sample-forecast is consistent with the DAG from residuals of within-sample-fit. The result supports innovation accounting analysis based on DAGs using residuals of out-of-sample-forecast. Second, we look at the effects of the federal fund rate and/or WTI crude oil price shock on US macroeconomic and financial indicators by using a Factor Augmented Vector Autoregression (FAVAR) model and a graphical model without any deductive assumption. The results show that, in contemporaneous time, the federal fund rate shock is exogenous as the identifying assumption in the Vector Autoregression (VAR) framework of the monetary shock transmission mechanism, whereas the WTI crude oil price return is not exogenous. Third, we examine price dynamics and contemporaneous causality among the price returns of WTI crude oil, gasoline, corn, and the S&P 500. We look for structural break points and then build an econometric model to find the consistent sub-periods having stable parameters in a given VAR framework and to explain recent movements and interdependency among returns. We found strong evidence of two structural breaks and contemporaneous causal relationships among the residuals, but also significant differences between contemporaneous causal structures for each sub-period.

  3. 7 CFR 1124.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1124.50 Section 1124.50 Agriculture Regulations of the Department of Agriculture (Continued... prices, and advanced pricing factors. See § 1000.50. ...

  4. 7 CFR 1030.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1030.50 Section 1030.50 Agriculture Regulations of the Department of Agriculture (Continued... prices, and advanced pricing factors. See § 1000.50. ...

  5. Gas prices and price process

    International Nuclear Information System (INIS)

    Groenewegen, G.G.

    1992-01-01

    On a conference (Gas for Europe in the 1990's) during the Gasexpo '91 the author held a speech of which the Dutch text is presented here. Attention is paid to the current European pricing methods (prices based on the costs of buying, transporting and distributing the natural gas and prices based on the market value, which is deducted from the prices of alternative fuels), and the transparency of the prices (lack of information on the way the prices are determined). Also attention is paid to the market signal transparency and gas-gas competition, which means a more or less free market of gas distribution. The risks of gas-to-gas competition for a long term price stability, investment policies and security of supply are discussed. Opposition against the Third Party Access (TPA), which is the program to implement gas-to-gas competition, is caused by the fear of natural gas companies for lower gas prices and lower profits. Finally attention is paid to government regulation and the activities of the European Commission (EC) in this matter. 1 fig., 6 ills., 1 tab

  6. The option to expand a project: its assessment with the binomial options pricing model

    Directory of Open Access Journals (Sweden)

    Salvador Cruz Rambaud

    Full Text Available Traditional methods of investment appraisal, like the Net Present Value, are not able to include the value of the operational flexibility of the project. In this paper, real options, and more specifically the option to expand, are assumed to be included in the project information in addition to the expected cash flows. Thus, to calculate the total value of the project, we are going to apply the methodology of the Net Present Value to the different scenarios derived from the existence of the real option to expand. Taking into account the analogy between real and financial options, the value of including an option to expand is explored by using the binomial options pricing model. In this way, estimating the value of the option to expand is a tool which facilitates the control of the uncertainty element implicit in the project. Keywords: Real options, Option to expand, Binomial options pricing model, Investment project appraisal

  7. Net energy yield from production of conventional oil

    International Nuclear Information System (INIS)

    Dale, Michael; Krumdieck, Susan; Bodger, Pat

    2011-01-01

    Historic profitability of bringing oil to market was profound, but most easy oil has been developed. Higher cost resources, such as tar sands and deep off-shore, are considered the best prospects for the future. Economic modelling is currently used to explore future price scenarios commensurate with delivering fuel to market. Energy policy requires modelling scenarios capturing the complexity of resource and extraction aspects as well as the economic profitability of different resources. Energy-return-on-investment (EROI) expresses the profitability of bringing energy products to the market. Net energy yield (NEY) is related to the EROI. NEY is the amount of energy less expenditures necessary to deliver a fuel to the market. This paper proposes a pattern for EROI of oil production, based on historic oil development trends. Methodology and data for EROI is not agreed upon. The proposed EROI function is explored in relation to the available data and used to attenuate the International Energy Agency (IEA) world oil production scenarios to understand the implications of future declining EROI on net energy yield. The results suggest that strategies for management and mitigation of deleterious effects of a peak in oil production are more urgent than might be suggested by analyses focussing only on gross production. - Highlights: → Brief introduction to methodological issues concerning net energy analysis. → Description of EROI function over the whole production cycle of an energy resource. → Calibration of this function to EROI data from historic oil production. → Application to determine the net energy yield from current global oil production. → Calculation of net energy yield from IEA projections of future oil production.

  8. Environmental efficiency among corn ethanol plants

    International Nuclear Information System (INIS)

    Sesmero, Juan P.; Perrin, Richard K.; Fulginiti, Lilyan E.

    2012-01-01

    Economic viability of the US corn ethanol industry depends on prices, technical and economic efficiency of plants and the extent of policy support. Public policy support is tied to the environmental efficiency of plants measured as their impact on emissions of greenhouse gases. This study evaluates the environmental efficiency of seven recently constructed ethanol plants in the North Central region of the US, using nonparametric data envelopment analysis (DEA). The minimum feasible level of GHG emissions per unit of ethanol is calculated for each plant and this level is decomposed into its technical and allocative sources. Results show that, on average, plants in our sample may be able to reduce GHG emissions by a maximum of 6% or by 2.94 Gg per quarter. Input and output allocations that maximize returns over operating costs (ROOC) are also found based on observed prices. The environmentally efficient allocation, the ROOC-maximizing allocation, and the observed allocation for each plant are combined to calculate economic (shadow) cost of reducing greenhouse gas emissions. These shadow costs gauge the extent to which there is a trade off or a complementarity between environmental and economic targets. Results reveal that, at current activity levels, plants may have room for simultaneous improvement of environmental efficiency and economic profitability. -- Highlights: ► Environmental efficiency of ethanol plants in the North Central US is evaluated. ► Economic (shadow) cost of reducing greenhouse gas emissions is calculated. ► Feasible changes in the mix of inputs and byproducts can reduce GHG emissions. ► On average plants may be able to reduce GHG emissions by 2.94 Gg per quarter. ► GHG reductions may be achieved at a moderate or zero operating cost.

  9. Social cost of carbon pricing of power sector CO2: accounting for leakage and other social implications from subnational policies

    Science.gov (United States)

    Bistline, John E.; Rose, Steven K.

    2018-01-01

    In environments where climate policy has partial coverage or unequal participation, carbon dioxide (CO2) emissions or economic activity may shift to locations and sectors where emissions are unregulated. This is referred to as leakage. Leakage can offset or augment emissions reductions associated with a policy, which has important environmental and economic implications. Although leakage has been studied at national levels, analysis of leakage for subnational policies is limited. This is despite greater market integration and many existing state and regional environmental regulations in the US. This study explores leakage potential, net emissions changes, and other social implications in the US energy system with regionally differentiated pricing of power sector CO2 emissions. We undertake an economic analysis using EPRI’s US-REGEN model, where power sector CO2 emissions are priced in individual US regions with a range of social cost of carbon (SCC) values. SCC estimates are being considered by policy-makers for valuing potential societal damages from CO2 emissions. In this study, we evaluate the emissions implications within the SCC pricing region, within the power sector outside the SCC region, and outside the power sector (i.e. in the rest of the energy system). Results indicate that CO2 leakage is possible within and outside the electric sector, ranging from negative 70% to over 80% in our scenarios, with primarily positive leakage outcomes. Typically ignored in policy analysis, leakage would affect CO2 reduction benefits. We also observe other potential societal effects within and across regions, such as higher electricity prices, changes in power sector investments, and overall consumption losses. Efforts to reduce leakage, such as constraining power imports into the SCC pricing region likely reduce leakage, but could also result in lower net emissions reductions, as well as larger price increases. Thus, it is important to look beyond leakage and consider a

  10. Techno-economic analysis of the deacetylation and disk refining process: characterizing the effect of refining energy and enzyme usage on minimum sugar selling price and minimum ethanol selling price.

    Science.gov (United States)

    Chen, Xiaowen; Shekiro, Joseph; Pschorn, Thomas; Sabourin, Marc; Tucker, Melvin P; Tao, Ling

    2015-01-01

    A novel, highly efficient deacetylation and disk refining (DDR) process to liberate fermentable sugars from biomass was recently developed at the National Renewable Energy Laboratory (NREL). The DDR process consists of a mild, dilute alkaline deacetylation step followed by low-energy-consumption disk refining. The DDR corn stover substrates achieved high process sugar conversion yields, at low to modest enzyme loadings, and also produced high sugar concentration syrups at high initial insoluble solid loadings. The sugar syrups derived from corn stover are highly fermentable due to low concentrations of fermentation inhibitors. The objective of this work is to evaluate the economic feasibility of the DDR process through a techno-economic analysis (TEA). A large array of experiments designed using a response surface methodology was carried out to investigate the two major cost-driven operational parameters of the novel DDR process: refining energy and enzyme loadings. The boundary conditions for refining energy (128-468 kWh/ODMT), cellulase (Novozyme's CTec3) loading (11.6-28.4 mg total protein/g of cellulose), and hemicellulase (Novozyme's HTec3) loading (0-5 mg total protein/g of cellulose) were chosen to cover the most commercially practical operating conditions. The sugar and ethanol yields were modeled with good adequacy, showing a positive linear correlation between those yields and refining energy and enzyme loadings. The ethanol yields ranged from 77 to 89 gallons/ODMT of corn stover. The minimum sugar selling price (MSSP) ranged from $0.191 to $0.212 per lb of 50 % concentrated monomeric sugars, while the minimum ethanol selling price (MESP) ranged from $2.24 to $2.54 per gallon of ethanol. The DDR process concept is evaluated for economic feasibility through TEA. The MSSP and MESP of the DDR process falls within a range similar to that found with the deacetylation/dilute acid pretreatment process modeled in NREL's 2011 design report. The DDR process is

  11. PENDUGAAN ELASTISITAS PENAWARAN OUTPUT DAN PERMINTAAN INPUT USAHATANI JAGUNG

    Directory of Open Access Journals (Sweden)

    Adang Agustian

    2012-12-01

    Full Text Available This study aims to determine the effect of changes in output and input prices, corn research expenditures and road infrastructure on output supply and input demand for corn in the Province of East Java and West Java. The data that are analyzed are those of structure of costs of corn farming in the Province of East Java and West Java in 1985-2009. Estimation model employed is the method of Seemingly Unrelated Regression. The results showed that the output supply of corn both in the province of East Java and West Java are elastic to its price changes, however it is inelastic to the price changes of: seed, urea, TSP and labor. Input demand of seed, urea, TSP and labor area inelastic to their price changes. Policy implications of this research is efforts to increase the supply of corn can be carried out by increasing its price, expenditures of corn research, and road infrastructure.

  12. quality of corn-field bean gluten-free pasta

    Directory of Open Access Journals (Sweden)

    Dib Ahlem

    2018-01-01

    Full Text Available Corn semolina supplemented by field bean semolina in ratio of 2/1 (w/w were used for obtaining protein and fiber enriched gluten-free pasta. The effect of hydrothermal treatment of corn flour on its applicability as gluten-free pasta improver was tested. A central composite design involving water hydration level and the amount of hydrothermal treated corn flour were used. Instrumental analyses of pasta (cooking loss, water absorption capacity, hydration and pasting properties, textural parameters and microstructure were carried out to assess the impact of experimental factors. Results showed that hydrothermal treatment of corn flour affected in different extent on pasta properties, improving cooking and textural characteristics of pasta. The optimum formulation of corn-field bean contained 7.41 g of treated corn flour and 77.26 mL of water was selected on the base of desirability function approach with value of 0.825 which showed the best pasta properties. Obtained results showed also that addition of treated flour induced significant differences (p < 0.05 in all parameters in comparison with control pasta.

  13. Cell potentials, cell resistance, and proton fluxes in corn root tissue. Effects of dithioerythritol

    Energy Technology Data Exchange (ETDEWEB)

    Lin, W.; Hanson, J.B.

    1976-09-01

    Studies were made of the effect of dithioerythritol on net proton flux, potassium influx and efflux, cell potential, and cell resistance in fresh and washed corn (Zea mays L. WF9XM14) root tissue. Dithioerythritol induces equal proton influx and potassium efflux rates, decreases membrane resistance, and hyperpolarizes the cell potential. Greater effects on H/sup +/ and K/sup +/ fluxes are secured at pH 7 than at pH 5. Other sulfhydryl-protecting reagents produced the same responses. No evidence could be found that dithioerythritol affected energy metabolism or membrane ATPase, and proton influx was induced in the presence of uncoupling agents. We deduce that dithioerythritol activates a passive H/sup +//K/sup +/ antiport, driven in these experiments by the outwardly directed electrochemical gradient of K/sup +/. The net effect on H/sup +/ and K/sup +/ fluxes is believed to reside with the combined activity of a polarized H/sup +//K/sup +/ exchanging ATPase and the passive H/sup +//K/sup +/ antiport. A model is presented to show how the combined system might produce stable potential differences and K/sup +/ content.

  14. Assessment of soil attributes and crop productivity after diversification of the ubiquitous corn-soybean rotation in the northwestern U.S. Corn Belt

    Science.gov (United States)

    Highly specialized cash-grain production systems based upon corn-soybean rotations under tilled soil management are common in the northwestern U.S. Corn Belt. This study, initiated in 1997, was conducted to determine if diversification of this ubiquitous corn-soybean rotation would affect soil char...

  15. Tillage and Fertilizer Management Effects on Soil-Atmospheric Exchanges of Methane and Nitrous Oxide in a Corn Production System

    Directory of Open Access Journals (Sweden)

    Ermson Z. Nyakatawa

    2011-01-01

    Full Text Available Land application of poultry litter (PL presents an opportunity to improve soil productivity and disposal of poultry waste. We investigated methane (CH4 and nitrous oxide (N2O emissions from agricultural soil receiving PL and ammonium nitrate (AN fertilizers using surface (SA, soil incorporation (SI, and subsurface band (BA application methods in conventional (CT and no-tillage (NT systems on a Decatur silt loam soil in North Alabama. Plots under CT and NT were sinks of CH4 in spring, summer, and fall. In winter, the plots had net emissions of 3.32 and 4.24 g CH4 ha-1 day-1 in CT and NT systems, respectively. Plots which received AN were net emitters of CH4 and N2O, whereas plots which received PL were net sinks of CH4. Plots which received PL using SA or SI methods were net emitters of N2O, whereas under PL using BA application, the plots were net sinks of N2O. Our study indicates that using subsurface band application of PL was the most promising environmentally sustainable poultry waste application method for reducing CH4 and N2O emissions from agricultural soil in NT and CT corn production systems on the Decatur soil in north Alabama.

  16. Influence of continuous cropping on corn and soybean pathogens

    OpenAIRE

    Ranzi, Camila; Camera, Juliane Nicolodi; Deuner, Carolina Cardoso

    2017-01-01

    ABSTRACT The objective of this study was to evaluate the influence of two tillage programs (conventional and no-tillage) and different rotations with soybeans and corn on the occurrence of Fusarium species. The work was conducted in the experimental field and Seed Laboratory at Iowa State University. The treatments were: tillage (no-tillage and conventional tillage), crop (corn and soybeans) and three different cropping sequences for corn and soybeans, respectively. Treatment with corn: (1) t...

  17. Oil production, oil prices, and macroeconomic adjustment under different wage assumptions

    International Nuclear Information System (INIS)

    Harvie, C.; Maleka, P.T.

    1992-01-01

    In a previous paper one of the authors developed a simple model to try to identify the possible macroeconomic adjustment processes arising in an economy experiencing a temporary period of oil production, under alternative wage adjustment assumptions, namely nominal and real wage rigidity. Certain assumptions were made regarding the characteristics of actual production, the permanent revenues generated from that oil production, and the net exports/imports of oil. The role of the price of oil, and possible changes in that price was essentially ignored. Here we attempt to incorporate the price of oil, as well as changes in that price, in conjunction with the production of oil, the objective being to identify the contribution which the price of oil, and changes in it, make to the adjustment process itself. The emphasis in this paper is not given to a mathematical derivation and analysis of the model's dynamics of adjustment or its comparative statics, but rather to the derivation of simulation results from the model, for a specific assumed case, using a numerical algorithm program, conducive to the type of theoretical framework utilized here. The results presented suggest that although the adjustment profiles of the macroeconomic variables of interest, for either wage adjustment assumption, remain fundamentally the same, the magnitude of these adjustments is increased. Hence to derive a more accurate picture of the dimensions of adjustment of these macroeconomic variables, it is essential to include the price of oil as well as changes in that price. (Author)

  18. Land usage attributed to corn ethanol production in the United States: sensitivity to technological advances in corn grain yield, ethanol conversion, and co-product utilization.

    Science.gov (United States)

    Mumm, Rita H; Goldsmith, Peter D; Rausch, Kent D; Stein, Hans H

    2014-01-01

    Although the system for producing yellow corn grain is well established in the US, its role among other biofeedstock alternatives to petroleum-based energy sources has to be balanced with its predominant purpose for food and feed as well as economics, land use, and environmental stewardship. We model land usage attributed to corn ethanol production in the US to evaluate the effects of anticipated technological change in corn grain production, ethanol processing, and livestock feeding through a multi-disciplinary approach. Seven scenarios are evaluated: four considering the impact of technological advances on corn grain production, two focused on improved efficiencies in ethanol processing, and one reflecting greater use of ethanol co-products (that is, distillers dried grains with solubles) in diets for dairy cattle, pigs, and poultry. For each scenario, land area attributed to corn ethanol production is estimated for three time horizons: 2011 (current), the time period at which the 15 billion gallon cap for corn ethanol as per the Renewable Fuel Standard is achieved, and 2026 (15 years out). Although 40.5% of corn grain was channeled to ethanol processing in 2011, only 25% of US corn acreage was attributable to ethanol when accounting for feed co-product utilization. By 2026, land area attributed to corn ethanol production is reduced to 11% to 19% depending on the corn grain yield level associated with the four corn production scenarios, considering oil replacement associated with the soybean meal substituted in livestock diets with distillers dried grains with solubles. Efficiencies in ethanol processing, although producing more ethanol per bushel of processed corn, result in less co-products and therefore less offset of corn acreage. Shifting the use of distillers dried grains with solubles in feed to dairy cattle, pigs, and poultry substantially reduces land area attributed to corn ethanol production. However, because distillers dried grains with solubles

  19. Modeling agricultural commodity prices and volatility in response to anticipated climate change

    Science.gov (United States)

    Lobell, D. B.; Tran, N.; Welch, J.; Roberts, M.; Schlenker, W.

    2012-12-01

    Food prices have shown a positive trend in the past decade, with episodes of rapid increases in 2008 and 2011. These increases pose a threat to food security in many regions of the world, where the poor are generally net consumers of food, and are also thought to increase risks of social and political unrest. The role of global warming in these price reversals have been debated, but little quantitative work has been done. A particular challenge in modeling these effects is that they require understanding links between climate and food supply, as well as between food supply and prices. Here we combine the anticipated effects of climate change on yield levels and volatility with an empirical competitive storage model to examine how expected climate change might affect prices and social welfare in the international food commodity market. We show that price level and volatility do increase over time in response to decreasing yield, and increasing yield variability. Land supply and storage demand both increase, but production and consumption continue to fall leading to a decrease in consumer surplus, and a corresponding though smaller increase in producer surplus.

  20. Water Table Management Reduces Tile Nitrate Loss in Continuous Corn and in a Soybean-Corn Rotation

    Directory of Open Access Journals (Sweden)

    Craig F. Drury

    2001-01-01

    Full Text Available Water table management systems can be designed to alleviate soil water excesses and deficits, as well as reduce nitrate leaching losses in tile discharge. With this in mind, a standard tile drainage (DR system was compared over 8 years (1991 to 1999 to a controlled tile drainage/subirrigation (CDS system on a low-slope (0.05 to 0.1% Brookston clay loam soil (Typic Argiaquoll in southwestern Ontario, Canada. In the CDS system, tile discharge was controlled to prevent excessive drainage, and water was pumped back up the tile lines (subirrigation to replenish the crop root zone during water deficit periods. In the first phase of the study (1991 to 1994, continuous corn (Zea mays, L. was grown with annual nitrogen (N fertilizer inputs as per local soil test recommendations. In the second phase (1995 to 1999, a soybean (Glycine max L., Merr.-corn rotation was used with N fertilizer added only during the two corn years. In Phase 1 when continuous corn was grown, CDS reduced total tile discharge by 26% and total nitrate loss in tile discharge by 55%, compared to DR. In addition, the 4-year flow weighted mean (FWM nitrate concentration in tile discharge exceeded the Canadian drinking water guideline (10 mg N l–1 under DR (11.4 mg N l–1, but not under CDS (7.0 mg N l–1. In Phase 2 during the soybean-corn rotation, CDS reduced total tile discharge by 38% and total nitrate loss in tile discharge by 66%, relative to DR. The 4-year FWM nitrate concentration during Phase 2 in tile discharge was below the drinking water guideline for both DR (7.3 mg N l–1 and CDS (4.0 mg N l–1. During both phases of the experiment, the CDS treatment caused only minor increases in nitrate loss in surface runoff relative to DR. Hence CDS decreased FWM nitrate concentrations, total drainage water loss, and total nitrate loss in tile discharge relative to DR. In addition, soybean-corn rotation reduced FWM nitrate concentrations and total nitrate loss in tile discharge

  1. Fumonisins B₁, B₂ and B₃ in corn products, wheat flour and corn oil marketed in Shandong province of China.

    Science.gov (United States)

    Li, Fenghua; Jiang, Dafeng; Zheng, Fengjia; Chen, Jindong; Li, Wei

    2015-01-01

    In this study a total of 522 samples were collected from Shandong province of China in 2014 and analysed for the occurrence of fumonisin B1 (FB1), FB2 and FB3 by isotope dilution ultrahigh performance liquid chromatography-tandem mass spectrometry. Fumonisins were detected in 98.1% of the corn products, with the average total level of 369.2 μg kg(-1). The individual average values of FB1, FB2 and FB3 in corn products were 268.3, 53.7 and 47.2 μg kg(-1), respectively. The simultaneous occurrence of FB1, FB2 and FB3 was observed in 76.7% of the corn products. Especially, the results demonstrated that the difference in the contamination levels for fumonisins in these three types of corn products was apparent. In addition, 6.2% of the wheat flour samples were contaminated with FB1, with concentrations ranging from 0.3 to 34.6 µg kg(-1). No FB2 or FB3 was detected in wheat flour. In corn oil samples no fumonisins were detected.

  2. Henry Agard Wallace, the Iowa Corn Yield Tests, and the Adoption of Hybrid Corn

    OpenAIRE

    Richard C. Sutch

    2008-01-01

    This research report makes the following claims: 1] There was not an unambiguous economic advantage of hybrid corn over the open-pollinated varieties in 1936. 2] The early adoption of hybrid corn before 1937 can be better explained by a sustained propaganda campaign conducted by the U.S. Department of Agriculture at the direction of the Secretary of Agriculture, Henry Agard Wallace. The Department's campaign echoed that of the commercial seed companies. The most prominent hybrid seed company,...

  3. Expected Net Benefit of Vaccinating Rangeland Sheep against Bluetongue Virus Using a Modified-Live versus Killed Virus Vaccine.

    Science.gov (United States)

    Munsick, Tristram R; Peck, Dannele E; Ritten, John P; Jones, Randall; Jones, Michelle; Miller, Myrna M

    2017-01-01

    Recurring outbreaks of bluetongue virus in domestic sheep of the US Intermountain West have prompted questions about the economic benefits and costs of vaccinating individual flocks against bluetongue (BT) disease. We estimate the cost of a BT outbreak on a representative rangeland sheep operation in the Big Horn Basin of the state of Wyoming using enterprise budgets and stochastic simulation. The latter accounts for variability in disease severity and lamb price, as well as uncertainty about when an outbreak will occur. We then estimate the cost of purchasing and administering a BT vaccine. Finally, we calculate expected annual net benefit of vaccinating under various outbreak intervals. Expected annual net benefit is calculated for both a killed virus (KV) vaccine and modified-live virus vaccine, using an observed price of $0.32 per dose for modified-live and an estimated price of $1.20 per dose for KV. The modified-live vaccine's expected annual net benefit has a 100% chance of being positive for an outbreak interval of 5, 10, or 20 years, and a 77% chance of being positive for a 50-year interval. The KV vaccine's expected annual net benefit has a 97% chance of being positive for a 5-year outbreak interval, and a 42% chance of being positive for a 10-year interval. A KV vaccine is, therefore, unlikely to be economically attractive to producers in areas exposed less frequently to BT disease. A modified-live vaccine, however, requires rigorous authorization before legal use can occur in Wyoming. To date, no company has requested to manufacture a modified-live vaccine for commercial use in Wyoming. The KV vaccine poses less risk to sheep reproduction and less risk of unintentional spread, both of which facilitate approval for commercial production. Yet, our results show an economically consequential tradeoff between a KV vaccine's relative safety and higher cost. Unless the purchase price is reduced below our assumed $1.20 per dose, producer adoption of a KV

  4. Impact of Oil Price Shocks and Exchange Rate Volatility on Stock Market Behavior in Nigeria

    Directory of Open Access Journals (Sweden)

    Adedoyin I. Lawal

    2016-09-01

    Full Text Available The impact of exchange rate and oil prices fluctuation on the stock market has been a subject of hot debate among researchers. This study examined the impact of both the exchange rate volatility and oil price volatility on stock market volatility in Nigeria, so as to guide policy formulation based on the fact that the nation’s economy was foreign induced and mono-cultured with heavy dependence on oil. EGARCH estimation techniques were employed to examine if either the volatility in exchange rate, oil price volatility or both experts on stock market volatility in Nigeria. The result shows that share price volatility is induced by both the exchange rate volatility and oil price volatility. Thus, it is recommended that policymakers should pursue policies that tend to stabilize the exchange rate regime on the one hand, and guarantee the net oil exporting position for the economy, that market practitioners should formulate portfolio strategies in such a way that volatility in both exchange rates and oil price will be factored in time when investment decisions are being made.

  5. CONTROL OF WESTERN CORN ROOTWORM (Diabrotica virgifera virgifera LeConte IN CORN PRODUCTION OF EASTERN CROATIA

    Directory of Open Access Journals (Sweden)

    Dražen Džoić

    2003-12-01

    Full Text Available A new insect pest - the western corn rootworm (Diabrotica virgifera virgifera LeConte was identified in Croatia in 1995. The first objective of this research was to determine the population density of all stages, except eggs in commercial cor fields. The second objective was to investigate the efficacy of three organophosphate insecticides on larvae. The experiment was conducted in Gunja, Croatia in 1999 and 2000. Treatments were commercial corn hybrids (OSSK 444, OSSK 552, Florencia, and three soil insecticides (terbuphos, chlorpyriphos-ethyl, chlormephos applied at planting. Results showed the highest number of larvae per plant (0.70 in the untreated plot of OSSK 552. In 1999, significant differences in larval numbers occurred among hybrids, but not among the insecticides. In 2000, larval numbers only differed statistically between the insecticide treatments. The highest beetles population counted per plant was 0.55 in 2000. This population level is very close to economic threshold of 0.70 beetles per plant. Significant differences in beetle numbers per plant between hybrids were only detected in 2000. Pheromone traps containing the lure, Csal♀m♂N, caught significantly more beetles than the Multigard yellow sticky-trap. Terbufos was the only soil insecticide providing a significant yield advantage to the hybrids. Based on the current value of corn and cost of insecticide, terbufos is the only soil insecticide cost-effective for growers. These studies should be conducted with other insecticides, and growers should avoid planting corn after corn in their fields.

  6. SILAGE QUALITY OF CORN AND SORGHUM ADDED WITH FORAGE PEANUTS

    Directory of Open Access Journals (Sweden)

    WALKÍRIA GUIMARÃES CARVALHO

    2016-01-01

    Full Text Available Corn and sorghum are standard silage crops because of their fermentative characteristics. While corn and sorghum silages have lower crude protein (CP contents than other crops, intercropping with legumes can increase CP content. Furthermore, one way to increase CP content is the addition of legumes to silage. Consequently, the research objective was to evaluate the fermentative and bromatological characteristics of corn (Zea mays and sorghum (Sorghum bicolor silages added with forage peanuts (Arachis pintoi. The experimental design was completely randomized with four replicates. The treatments consisted of corn silage, sorghum silage, forage peanut silage, corn silage with 30% forage peanut, and sorghum silage with 30% forage peanut. The results showed that the corn and sorghum added with peanut helped to improve the silage fermentative and bromatological characteristics, proving to be an efficient technique for silage quality. The forage peanut silage had lower fermentative characteristics than the corn and sorghum silages. However, the forage peanut silage had a greater CP content, which increased the protein contents of the corn and sorghum silages when intercropped with forage peanuts.

  7. Relating price strategies and price-setting practices

    NARCIS (Netherlands)

    Ingenbleek, P.T.M.; Lans, van der I.A.

    2013-01-01

    Purpose - This article addresses the relationship between price strategies and price-setting practices. The first derive from a normative tradition in the pricing literature and the latter from a descriptive tradition. Price strategies are visible in the market, whereas price-setting practices are

  8. Maize silk antibiotic polyphenol compounds and molecular genetic improvement of resistance to corn earworm (Helicoverpa zea Boddie) in sh2 sweet corn

    OpenAIRE

    Baozhu Guo; Ana Butrón; Brian T. Scully

    2010-01-01

    The flavor of sh2 super-sweet corn is preferred by consumers. Unfortunately, sh2 sweet corn has little genetic variation for insect resistance. In this paper we review the functions of two loci, p1 and a1. The P1 allele has a major role in sh2 sweet corn resistance to corn earworm, an allele that was lost in historical selection because of its pleiotropic effect on undesirable cob color and silk browning. The P1 allele has significant effects on biosyntheses of silk antibiotic compounds, mays...

  9. The reform of accounting standards and audit pricing

    Directory of Open Access Journals (Sweden)

    Kai Zhu

    2012-06-01

    Full Text Available This paper focuses on the reform of accounting standards in China in 2007 and investigates its impact on equilibrium pricing in the audit market. We find that the concentration of the audit market and the probability of issuing modified audit opinions do not significantly change, but that audit fees increase significantly after the adoption of the new accounting standards in China. Deeper analysis suggests that (1 the implementation of the new IFRS-based Chinese Accounting Standards (CASs has increased the market risk faced by listed firms and thus auditors’ expected audit risk, causing an increase in audit fees, and (2 the degree of the increase in audit fees is positively related to the adjusted difference between net income according to the old CAS before 2007 and the new CAS after 2007. We thus conclude that the reform has had a significant impact on audit pricing in China.

  10. Important variables in explaining real-time peak price in the independent power market of Ontario

    International Nuclear Information System (INIS)

    Rueda, I.E.A.; Marathe, A.

    2005-01-01

    This paper uses support vector machines (SVM) based learning algorithm to select important variables that help explain the real-time peak electricity price in the Ontario market. The Ontario market was opened to competition only in May 2002. Due to the limited number of observations available, finding a set of variables that can explain the independent power market of Ontario (IMO) real-time peak price is a significant challenge for the traders and analysts. The kernel regressions of the explanatory variables on the IMO real-time average peak price show that non-linear dependencies exist between the explanatory variables and the IMO price. This non-linear relationship combined with the low variable-observation ratio rule out conventional statistical analysis. Hence, we use an alternative machine learning technique to find the important explanatory variables for the IMO real-time average peak price. SVM sensitivity analysis based results find that the IMO's predispatch average peak price, the actual import peak volume, the peak load of the Ontario market and the net available supply after accounting for load (energy excess) are some of the most important variables in explaining the real-time average peak price in the Ontario electricity market. (author)

  11. 7 CFR 1131.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1131.53 Section 1131.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  12. 7 CFR 1005.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1005.53 Section 1005.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  13. 7 CFR 1126.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1126.53 Section 1126.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  14. 7 CFR 1032.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1032.53 Section 1032.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  15. 7 CFR 1030.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1030.53 Section 1030.53 Agriculture Regulations of the Department of Agriculture... of class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  16. 7 CFR 1033.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1033.53 Section 1033.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  17. 7 CFR 1001.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1001.53 Section 1001.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  18. 7 CFR 1007.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1007.53 Section 1007.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  19. 7 CFR 1006.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1006.53 Section 1006.53 Agriculture Regulations of the Department of Agriculture... class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  20. 7 CFR 1033.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1033.50 Section 1033.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  1. 7 CFR 1005.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1005.50 Section 1005.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  2. 7 CFR 1001.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1001.50 Section 1001.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  3. 7 CFR 1006.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1006.50 Section 1006.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  4. 7 CFR 1126.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1126.50 Section 1126.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  5. 7 CFR 1032.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1032.50 Section 1032.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  6. 7 CFR 1131.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1131.50 Section 1131.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  7. 7 CFR 1007.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing factors. 1007.50 Section 1007.50 Agriculture Regulations of the Department of Agriculture (Continued..., and advanced pricing factors. See § 1000.50. ...

  8. 7 CFR 1124.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Announcement of class prices, component prices, and advanced pricing factors. 1124.53 Section 1124.53 Agriculture Regulations of the Department of Agriculture... Announcement of class prices, component prices, and advanced pricing factors. See § 1000.53. ...

  9. The effect of silage cutting height on the nutritive value of a normal corn silage hybrid compared with brown midrib corn silage fed to lactating cows.

    Science.gov (United States)

    Kung, L; Moulder, B M; Mulrooney, C M; Teller, R S; Schmidt, R J

    2008-04-01

    A brown midrib (BMR) hybrid and a silage-specific non-BMR (7511FQ) hybrid were harvested at a normal cut height leaving 10 to 15 cm of stalk in the field. The non-BMR hybrid was also cut at a greater height leaving 45 to 50 cm of stalk. Cutting high increased the concentrations of dry matter (+4%), crude protein (+5%), net energy for lactation (+3%), and starch (+7%), but decreased the concentrations of acid detergent fiber (-9%), neutral detergent fiber (-8%), and acid detergent lignin (-13%) for 7511FQ. As expected, the BMR corn silage was 30% lower in lignin concentration than 7511FQ. After 30 h of in vitro ruminal fermentation, the digestibility of neutral detergent fiber for normal cut 7511FQ, the same hybrid cut high, and the normal cut BMR hybrid were 51.7, 51.4, and 63.5%, respectively. Twenty-seven multiparous lactating cows were fed a total mixed ration composed of the respective silages (45% of dry matter) with alfalfa haylage (5%), alfalfa hay (5%), and concentrate (45%) (to make the TMR isocaloric and isonitrogenous) in a study with a 3 x 3 Latin square design with 21-d periods. Milk production was greater for cows fed the BMR hybrid (48.8 kg/d) compared with those fed the normal cut 7511FQ (46.8 kg/d) or cut high (47.7 kg/d). Dry matter intake was not affected by treatment. Feed efficiency for cows fed the BMR silage (1.83) was greater than for those fed high-cut 7511FQ (1.75), but was not different from cows fed the normal cut 7511FQ (1.77). Cows fed the BMR silage had milk with greater concentrations of lactose but lower milk urea nitrogen than cows on other treatments. Harvesting a silage-specific, non-BMR corn hybrid at a high harvest height improved its nutritive content, but the improvement in feeding value was not equivalent to that found when cows were fed BMR corn silage.

  10. Multipass rotary shear comminution process to produce corn stover particles

    Energy Technology Data Exchange (ETDEWEB)

    Dooley, James H; Lanning, David N

    2015-04-14

    A process of comminution of corn stover having a grain direction to produce a mixture of corn stover, by feeding the corn stover in a direction of travel substantially randomly to the grain direction one or more times through a counter rotating pair of intermeshing arrays of cutting discs (D) arrayed axially perpendicular to the direction of corn stover travel.

  11. Uptake and distribution of cadmium in corn

    International Nuclear Information System (INIS)

    Peel, J.W.; Vetter, R.J.; Christian, J.E.; Kessler, W.V.; McFee, W.W.

    1978-01-01

    The uptake and distribution of cadmium in corn (Zea mays) treated at various time intervals after planting and sampled at various times after treatment were measured. Cadmium was found to accumulate in all parts sampled. As shown in field studies, stems and leaves generally concentrated more cadmium than did husks, cobs, kernels, silks, or tassels. Samples of stems and leaves from corn treated 23 days after planting and sampled 5 days later exhibited higher concentrations of cadmium than samples taken 25, 45, 65, or 85 days after treatment. Concentrations generally decreased with time. Greenhouse studies showed that corn exposed to cadmium for the longest period of time accumulated the greatest total cadmium. The highest cadmium concentrations were found in the base or lowest leaves sampled 45 days after planting; this suggests a useful technique for quick screening corn crops for cadmium pollution

  12. INFLUENCE OF EUROPEAN CORN BORER (Ostrinia nubilalis Hübner ON CORN HYBRIDS IN NORTH-WEST AND EASTERN CROATIA

    Directory of Open Access Journals (Sweden)

    Zvjezdana Augustinović

    2005-12-01

    Full Text Available European corn borer (Ostrinia nubilalis Hubner is one of the major corn pest in the world and in Croatia. Former investigations of corn borer in Croatia covered mostly its Eastern region. In trials conducted in 1998 and 1999 the research was extended to the North Western part of Croatia too. Macro trials were carried out with corn hybrids of FAO groups 200-600 at three localities: Križevci, Agricultural institute Osijek and at «Belje» PIK Karanac. In 1998 the intensity of the corn borer attack at the locality of «Belje» PIK Karanac was about 37.92% and in Agricultural institute Osijek 80.83%. In 1999 it varied between 37.08% at the locality of Agricultural Institute Osijek and 71.20% at the locality in Križevci. The estimated number of holes per plant in all three localities in both years was higher than the number of caterpillars. Length of damage per plant was between 0.38 and 18.80 cm. The data showed significant differences in the intensity of damaging effects on different localities while no significant differences concerning various hybrids were found. The statistical data concerning yield in both years showed significant differences among hybrids, localities and their interactions.

  13. Uncertainty in Forest Net Present Value Estimations

    Directory of Open Access Journals (Sweden)

    Ilona Pietilä

    2010-09-01

    Full Text Available Uncertainty related to inventory data, growth models and timber price fluctuation was investigated in the assessment of forest property net present value (NPV. The degree of uncertainty associated with inventory data was obtained from previous area-based airborne laser scanning (ALS inventory studies. The study was performed, applying the Monte Carlo simulation, using stand-level growth and yield projection models and three alternative rates of interest (3, 4 and 5%. Timber price fluctuation was portrayed with geometric mean-reverting (GMR price models. The analysis was conducted for four alternative forest properties having varying compartment structures: (A a property having an even development class distribution, (B sapling stands, (C young thinning stands, and (D mature stands. Simulations resulted in predicted yield value (predicted NPV distributions at both stand and property levels. Our results showed that ALS inventory errors were the most prominent source of uncertainty, leading to a 5.1–7.5% relative deviation of property-level NPV when an interest rate of 3% was applied. Interestingly, ALS inventory led to significant biases at the property level, ranging from 8.9% to 14.1% (3% interest rate. ALS inventory-based bias was the most significant in mature stand properties. Errors related to the growth predictions led to a relative standard deviation in NPV, varying from 1.5% to 4.1%. Growth model-related uncertainty was most significant in sapling stand properties. Timber price fluctuation caused the relative standard deviations ranged from 3.4% to 6.4% (3% interest rate. The combined relative variation caused by inventory errors, growth model errors and timber price fluctuation varied, depending on the property type and applied rates of interest, from 6.4% to 12.6%. By applying the methodology described here, one may take into account the effects of various uncertainty factors in the prediction of forest yield value and to supply the

  14. Winter rye cover crop effect on corn seedling pathogens

    Science.gov (United States)

    Cover crops have been grown successfully in Iowa, but sometimes a cereal rye cover crop preceding corn can reduce corn yields. Our research examines the effect of a rye cover crop on infections of the succeeding corn crop by soil fungal pathogens. Plant measurements included: growth stage, height, r...

  15. PROFIT-PC: a program for estimating maximum net revenue from multiproduct harvests in Appalachian hardwoods

    Science.gov (United States)

    Chris B. LeDoux; John E. Baumgras; R. Bryan Selbe

    1989-01-01

    PROFIT-PC is a menu driven, interactive PC (personal computer) program that estimates optimum product mix and maximum net harvesting revenue based on projected product yields and stump-to-mill timber harvesting costs. Required inputs include the number of trees/acre by species and 2 inches diameter at breast-height class, delivered product prices by species and product...

  16. Edgeworth Price Cycles, Cost-Based Pricing, and Sticky Pricing in Retail Gasoline Markets

    OpenAIRE

    Michael D. Noel

    2007-01-01

    This paper examines dynamic pricing behavior in retail gasoline markets for 19 Canadian cities over 574 weeks. I find three distinct retail pricing patterns: 1. cost-based pricing, 2. sticky pricing, and 3. steep, asymmetric retail price cycles that, while seldom documented empirically, resemble those of Maskin & Tirole[1988]. Using a Markov switching regression, I estimate the prevalence of patterns and the structural characteristics of the cycles. Retail price cycles prevail in over 40% of ...

  17. Tuition Elasticity of the Demand for Higher Education among Current Students: A Pricing Model.

    Science.gov (United States)

    Bryan, Glenn A.; Whipple, Thomas W.

    1995-01-01

    A pricing model is offered, based on retention of current students, that colleges can use to determine appropriate tuition. A computer-based model that quantifies the relationship between tuition elasticity and projected net return to the college was developed and applied to determine an appropriate tuition rate for a small, private liberal arts…

  18. The Effects of Different Nitrogen Sources on Yield and Yield Components of Sweet Corn (Zea mays L. saccharata

    Directory of Open Access Journals (Sweden)

    ali mojab ghasroddashti

    2017-09-01

    Full Text Available Introduction Sweet corn (Zea mays L. saccharata is one of the tropical cereals of graminae which is cultivated in order to use for ear. Nitrogen is one of the most important nutrients and key factors to achieve desirable yield. Fertilizers play a major role in crop productivity. However, nowadays, excessive use of fertilizers have been found to have a negative impact on yield and environment. Introducing new management methods based on nitrogen and water use efficiency showed some improvements in the quality and quantity of crop production in association with the health of the community. In fact, soil organic matter content should be maintained in the appropriate level to improve fertility. Using municipal solid waste compost and poultry manure are appropriate solutions. They can increase soil organic matter, modify physicochemical properties and improve crop production. Moreover, they are able to solve problems caused by the accumulation of municipal solid waste compost and poultry manure. Material and Methods In order to investigate the impact of different sources of nitrogen on yield and yield components of sweet corn, a field experiment was conducted as a randomized complete block design with three replications in Marvdasht in 2013. Treatments included different resources of fertilizer: 200 kg.ha-1 net nitrogen (T1, 300 kg.ha-1 net nitrogen (T2, 8 ton.ha-1 poultry manure (T3, 24 ton.ha-1 municipal solid waste compost (T4, 150 kg net nitrogen + 2 ton municipal solid waste compost (T5, 100 kg net nitrogen + 4 ton poultry manure (T6, 150 kg net nitrogen + 6 ton municipal solid waste compost (T7, 100 kg.ha-1 net nitrogen + 12 ton municipal solid waste compost (T8 and fertilizer free (control (T9. At the time of crop maturity, two square meters from middle of each plot were harvested to measure yield and yield components. Statistical analysis was performed using the SAS statistical software. Least significant difference (LSD test at the five

  19. Competitive Pricing by a Price Leader

    OpenAIRE

    Abhik Roy; Dominique M. Hanssens; Jagmohan S. Raju

    1994-01-01

    We examine the problem of pricing in a market where one brand acts as a price leader. We develop a procedure to estimate a leader's price rule, which is optimal given a sales target objective, and allows for the inclusion of demand forecasts. We illustrate our estimation procedure by calibrating this optimal price rule for both the leader and the follower using data on past sales and prices from the mid-size sedan segment of the U.S. automobile market. Our results suggest that a leader-follow...

  20. Determining the Feasibility of Yellow Corn Production in Mexico

    OpenAIRE

    Mejia, Maria; Peel, Derrell S.

    2009-01-01

    Mexico produces large quantities of white corn for human consumption. Yellow corn production, mostly used for feed, has increased lately. Driving factors include higher domestic demand (growing livestock industry) and greater international demand (ethanol industry). This study uses enterprise budgeting to determine the feasibility of producing yellow corn in Mexico.

  1. Acute and Subacute Toxicity Evaluation of Corn Silk Extract.

    Science.gov (United States)

    Ha, Ae Wha; Kang, Hyeon Jung; Kim, Sun Lim; Kim, Myung Hwan; Kim, Woo Kyoung

    2018-03-01

    Many studies have reported therapeutic efficacy of corn silk extract. However, research on its toxicity and safe dose range is limited. Thus, the objective of this study was to determine the acute and subacute toxicity of corn silk extract in ICR mice. To determine acute toxicity, corn silk extract containing high levels of maysin was orally administered to mice at a dose of 0 or 2,000 mg/kg. Clinical symptoms, mortality, and body weight changes were recorded for 14 days. To determine subacute toxicity, corn silk extract was orally administered to mice over a 4-week period, and then body weight, water and food consumption, and organ weight were determined. In addition, urine and serum analyses were performed. In the acute toxicity study, no death or abnormal symptoms was observed in all treatment groups during the study period. Body weights did not show any significant change compared to those of the control group. Lethal dose of corn silk extract was estimated to be more than 2,000 mg/kg. In the 4-week subacute toxicity study, there was no corn silk extract related toxic effect on body weight, water intake, food consumption, urine parameters, clinical chemistry, or organ weight. Histopathological examination showed no abnormality related to the administration of corn silk extract at 500 mg/kg. The maximum non-toxic dose of corn silk extract containing high levels of maysin was found to be more than 500 mg/kg.

  2. Pricing strategy for aesthetic surgery: economic analysis of a resident clinic's change in fees.

    Science.gov (United States)

    Krieger, L M; Shaw, W W

    1999-02-01

    The laws of microeconomics explain how prices affect consumer purchasing decisions and thus overall revenues and profits. These principles can easily be applied to the behavior aesthetic plastic surgery patients. The UCLA Division of Plastic Surgery resident aesthetics clinic recently offered a radical price change for its services. The effects of this change on demand for services and revenue were tracked. Economic analysis was applied to see if this price change resulted in the maximization of total revenues, or if additional price changes could further optimize them. Economic analysis of pricing involves several steps. The first step is to assess demand. The number of procedures performed by a given practice at different price levels can be plotted to create a demand curve. From this curve, price sensitivities of consumers can be calculated (price elasticity of demand). This information can then be used to determine the pricing level that creates demand for the exact number of procedures that yield optimal revenues. In economic parlance, revenues are maximized by pricing services such that elasticity is equal to 1 (the point of unit elasticity). At the UCLA resident clinic, average total fees per procedure were reduced by 40 percent. This resulted in a 250-percent increase in procedures performed for representative 4-month periods before and after the price change. Net revenues increased by 52 percent. Economic analysis showed that the price elasticity of demand before the price change was 6.2. After the price change it was 1. We conclude that the magnitude of the price change resulted in a fee schedule that yielded the highest possible revenues from the resident clinic. These results show that changes in price do affect total revenue and that the nature of these effects can be understood, predicted, and maximized using the tools of microeconomics.

  3. Discounted Cash Flow and Modern Asset Pricing Methods - Project Selection and Policy Implications

    Energy Technology Data Exchange (ETDEWEB)

    Emhjellen, Magne; Alaouze, Chris M

    2002-07-01

    We examine the differences in the net present values (NPV's) of North Sea oil projects obtained using the Weighted Average Cost of Capital (WACC) and a Modern Asset Pricing (MAP) method which involves the separate discounting of project cash flow components. NPV differences of more than $1 Om were found for some oil projects. Thus, the choice of valuation method will affect the development decisions of oil companies. The results of the MAP method are very sensitive to the choice of parameter values for the stochastic process used to model oil prices. Further research is recommended before the MAP method is used as the sole valuation model. (author)

  4. Discounted Cash Flow and Modern Asset Pricing Methods - Project Selection and Policy Implications

    Energy Technology Data Exchange (ETDEWEB)

    Emhjellen, Magne; Alaouze, Chris M.

    2002-07-01

    We examine the differences in the net present values (NPV's) of North Sea oil projects obtained using the Weighted Average Cost of Capital (WACC) and a Modern Asset Pricing (MAP) method which involves the separate discounting of project cash flow components. NPV differences of more than $1 Om were found for some oil projects. Thus, the choice of valuation method will affect the development decisions of oil companies. The results of the MAP method are very sensitive to the choice of parameter values for the stochastic process used to model oil prices. Further research is recommended before the MAP method is used as the sole valuation model. (author)

  5. Discounted Cash Flow and Modern Asset Pricing Methods - Project Selection and Policy Implications

    International Nuclear Information System (INIS)

    Emhjellen, Magne; Alaouze, Chris M.

    2002-01-01

    We examine the differences in the net present values (NPV's) of North Sea oil projects obtained using the Weighted Average Cost of Capital (WACC) and a Modern Asset Pricing (MAP) method which involves the separate discounting of project cash flow components. NPV differences of more than $1 Om were found for some oil projects. Thus, the choice of valuation method will affect the development decisions of oil companies. The results of the MAP method are very sensitive to the choice of parameter values for the stochastic process used to model oil prices. Further research is recommended before the MAP method is used as the sole valuation model. (author)

  6. Evaluation of Bt Corn with Pyramided Genes on Efficacy and Insect Resistance Management for the Asian Corn Borer in China.

    Directory of Open Access Journals (Sweden)

    Fan Jiang

    Full Text Available A Bt corn hybrid (AcIe with two Bt genes (cry1Ie and cry1Ac was derived by breeding stack from line expressing Cry1Ie and a line expressing Cry1Ac. Efficacy of this pyramided Bt corn hybrid against the Asian corn borer (ACB, Ostrinia furnacalis, was evaluated. We conducted laboratory bioassays using susceptible and resistant ACB strains fed on artificial diet or fresh plant tissues. We also conducted field trials with artificial infestations of ACB neonates at the V6 and silk stages. The toxin-diet bioassay data indicated that mixtures of Cry1Ac and Cry1Ie proteins had synergistic insecticidal efficacy. The plant tissue bioassay data indicated that Bt corn hybrids expressing either a single toxin (Cry1Ac or Cry1Ie or two toxins had high efficacy against susceptible ACB. Damage ratings in the field trials indicated that the Bt corn hybrids could effectively protect against 1st and the 2nd generation ACB in China. The hybrid line with two Bt genes showed a higher efficacy against ACB larvae resistant to Cry1Ac or CryIe than the hybrid containing one Bt gene, and the two gene hybrid would have increased potential for managing or delaying the evolution of ACB resistance to Bt corn plants.

  7. Evaluation of Bt Corn with Pyramided Genes on Efficacy and Insect Resistance Management for the Asian Corn Borer in China.

    Science.gov (United States)

    Jiang, Fan; Zhang, Tiantao; Bai, Shuxiong; Wang, Zhenying; He, Kanglai

    2016-01-01

    A Bt corn hybrid (AcIe) with two Bt genes (cry1Ie and cry1Ac) was derived by breeding stack from line expressing Cry1Ie and a line expressing Cry1Ac. Efficacy of this pyramided Bt corn hybrid against the Asian corn borer (ACB), Ostrinia furnacalis, was evaluated. We conducted laboratory bioassays using susceptible and resistant ACB strains fed on artificial diet or fresh plant tissues. We also conducted field trials with artificial infestations of ACB neonates at the V6 and silk stages. The toxin-diet bioassay data indicated that mixtures of Cry1Ac and Cry1Ie proteins had synergistic insecticidal efficacy. The plant tissue bioassay data indicated that Bt corn hybrids expressing either a single toxin (Cry1Ac or Cry1Ie) or two toxins had high efficacy against susceptible ACB. Damage ratings in the field trials indicated that the Bt corn hybrids could effectively protect against 1st and the 2nd generation ACB in China. The hybrid line with two Bt genes showed a higher efficacy against ACB larvae resistant to Cry1Ac or CryIe than the hybrid containing one Bt gene, and the two gene hybrid would have increased potential for managing or delaying the evolution of ACB resistance to Bt corn plants.

  8. Turbulent developments on the worldwide market for corn; Turbulente ontwikkelingen op wereldwijde graanmarkten

    Energy Technology Data Exchange (ETDEWEB)

    Gengler, L.

    2008-07-01

    The price of corn, seeds and other types of food crop has experienced a turbulent increase in the last two years. No less turbulent was the reporting on the consequences of market developments, especially in the last months. Various experts tumbled over each other with analyses of the causes, the consequences and the expectations. The food crisis was discussed worldwide and early June the FAO held a conference on this topic. Here, too, there was much disagreement on the question of guilt and the solutions. A recurring phenomenon is the pointing to biofuels as the cause of more expensive raw materials. This article addresses the main developments on the global corn markets. [mk]. [Dutch] De prijzen van granen, zaden en andere voedselgewassen hebben de afgelopen twee jaar een stormachtige stijging doorgemaakt. Minstens zo turbulent was, vooral de laatste maanden, de berichtgeving over de gevolgen van de marktontwikkelingen. Deskundigen van allerlei pluimage buitelden over elkaar heen met analyses van de oorzaken, de gevolgen, en de verwachtingen. Wereldwijd werd er gesproken over de voedselcrisis, en de FAO hield begin juni een conferentie over de problematiek. Ook daar heerste onenigheid over schuldvraag en oplossingen. Steeds terugkerend fenomeen is het wijzen naar biobrandstoffen als oorzaak van duurdere grondstoffen. In dit artikel komen de belangrijkste ontwikkelingen op de wereldwijde graanmarkten aan de orde.

  9. Variation in provider vaccine purchase prices and payer reimbursement.

    Science.gov (United States)

    Freed, Gary L; Cowan, Anne E; Gregory, Sashi; Clark, Sarah J

    2009-12-01

    The purpose of this work was to collect data regarding vaccine prices and reimbursements in private practices. Amid reports of physicians losing money on vaccines, there are limited supporting data to show how much private practices are paying for vaccines and how much they are being reimbursed by third-party payers. We conducted a cross-sectional survey of a convenience sample of private practices in 5 states (California, Georgia, Michigan, New York, and Texas) that purchase vaccines for administration to privately insured children/adolescents. Main outcome measures included prices paid to purchase vaccines recommended for children and adolescents and reimbursement from the 3 most common, non-Medicaid payers for vaccine purchase and administration. Detailed price and reimbursement data were provided by 76 practices. There was a considerable difference between the maximum and minimum prices paid by practices, ranging from $4 to more than $30 for specific vaccines. There was also significant variation in insurance reimbursement for vaccine purchase, with maximum and minimum reimbursements for a single vaccine differing from $8 to more than $80. Mean net yield per dose (reimbursement for vaccine purchase minus price paid per dose) varied across vaccines from a low of approximately $3 to more than $24. Reimbursement for the first dose of vaccine administered ranged from $0 to more than $26, with a mean of $16.62. There is a wide range of prices paid by practices for the same vaccine product and in the reimbursement for vaccines and administration fees by payers. This variation highlights the need for individual practices to understand their own costs and reimbursements and to seek opportunities to reduce costs and increase reimbursements.

  10. Effect of eastern gamagrass on fall armyworm and corn earworm development

    Science.gov (United States)

    The fall armyworm, Spodoptera frugiperda (J.E. Smith) and the corn earworm, Helicoverpa zea (Boddie) are two important corn pests in the southern U.S. states. Effect of the leaves from the corn relative, the Eastern gamagrass (Tripsacum dactyloides L.) on fall armyworm and corn earworm development ...

  11. The Effects of Oil Price Shocks on Turkish Business Cycle: A Markov Switching Approach

    Directory of Open Access Journals (Sweden)

    Vasif Abiyev

    2015-10-01

    Full Text Available Purpose - The purpose of this study is to investigate the relationship between oil price changes and the output growth in Turkey. Design/methodology/approach - The data were taken from International Financial Statistics databases, consisting of monthly data for the period 1986:01-2014:09. Different univariate Markov - switching regime autoregressive models are specified and estimated. Among them we selected univariate MSIH(3 - AR(2 model for output and extended it to verify if the inclusion of various asymmetric oil price shocks as an exogenous variable improves the ability of the Markov switching model. Four different oil price shocks are considered. Findings - We find that among various oil price shocks, only net oil price increases have negative effects on output growth and mitigate the magnitude of some recessionary periods in Turkey. However, it doesn’t strongly explain the behavior of business cycle in Turkey. Research limitations/implications - Our results suggest that the inclusion of other fundamental financial factors in the bivariate Markov switching model of aggregate economic activity and oil price changes becomes important to explicitly detect the negative impact of oil price shocks on output in Turkey. Originality/value - Our results support the existence of a negative relationship between oil price increases and output growth mentioned in the literature and empirical studies on Turkey.

  12. Field-Evolved Resistance in Corn Earworm to Cry Proteins Expressed by Transgenic Sweet Corn

    Science.gov (United States)

    Dively, Galen P.; Finkenbinder, Chad

    2016-01-01

    Background Transgenic corn engineered with genes expressing insecticidal toxins from the bacterium Bacillus thuringiensis (Berliner) (Bt) are now a major tool in insect pest management. With its widespread use, insect resistance is a major threat to the sustainability of the Bt transgenic technology. For all Bt corn expressing Cry toxins, the high dose requirement for resistance management is not achieved for corn earworm, Helicoverpa zea (Boddie), which is more tolerant to the Bt toxins. Methodology/Major Findings We present field monitoring data using Cry1Ab (1996–2016) and Cry1A.105+Cry2Ab2 (2010–2016) expressing sweet corn hybrids as in-field screens to measure changes in field efficacy and Cry toxin susceptibility to H. zea. Larvae successfully damaged an increasing proportion of ears, consumed more kernel area, and reached later developmental stages (4th - 6th instars) in both types of Bt hybrids (Cry1Ab—event Bt11, and Cry1A.105+Cry2Ab2—event MON89034) since their commercial introduction. Yearly patterns of H. zea population abundance were unrelated to reductions in control efficacy. There was no evidence of field efficacy or tissue toxicity differences among different Cry1Ab hybrids that could contribute to the decline in control efficacy. Supportive data from laboratory bioassays demonstrate significant differences in weight gain and fitness characteristics between the Maryland H. zea strain and a susceptible strain. In bioassays with Cry1Ab expressing green leaf tissue, Maryland H. zea strain gained more weight than the susceptible strain at all concentrations tested. Fitness of the Maryland H. zea strain was significantly lower than that of the susceptible strain as indicated by lower hatch rate, longer time to adult eclosion, lower pupal weight, and reduced survival to adulthood. Conclusions/Significance After ruling out possible contributing factors, the rapid change in field efficacy in recent years and decreased susceptibility of H. zea to Bt

  13. List prices vs. bargain prices: which solution to estimate consumer price indices?

    OpenAIRE

    Carlo De Gregorio

    2010-01-01

    Alternative approaches to CPI surveys are here evaluated, in markets where final prices are based on some sort of price listing. Three types of surveys are compared: local surveys (LOC), with small samples and a local price collection; list price surveys (LIS), with huge samples and centralised collection; mixed surveys (MXD), in which LOC and LIS are jointly used. Based on a multiplicative pricing model, some conditions are derived to establish the relative efficiency of these approaches. Th...

  14. The turning black tide : energy prices and the Canadian dollar

    International Nuclear Information System (INIS)

    Issa, R.; Lafrance, R.; Murray, J.

    2008-01-01

    This paper examined the relationship between energy prices and the Canadian-United States dollar real exchange rate. The researchers evaluated the standard Amano-van Norden (AvN) equation formulated to demonstrate that higher real energy prices lead to a depreciation of the Canadian dollar. Major developments in the Canadian energy market were discussed, as well as policy initiatives designed to address Canada's trade balance by increasing energy exports. The study examined the AvN equation using Monte Carlo experiments to determine the parameter stability of the equation. Results indicated that the co-integrating relationship in the standard AvN equation were no longer supported. Structural break tests were used to demonstrate that major changes in Canada's energy policies and cross-border trade and investment strategies have led to an increase in the Canadian dollar's value when energy prices are high. The study presented a new equation designed to account for Canadian dollar's appreciation since 2003. It was concluded that net energy exports in the 1990s outweighed the negatives associated with Canada's energy-intensive production processes. 39 refs., 6 tabs., 10 figs

  15. Enzymatic digestibility and ethanol fermentability of AFEX-treated starch-rich lignocellulosics such as corn silage and whole corn plant

    Directory of Open Access Journals (Sweden)

    Thelen Kurt D

    2010-06-01

    Full Text Available Abstract Background Corn grain is an important renewable source for bioethanol production in the USA. Corn ethanol is currently produced by steam liquefaction of starch-rich grains followed by enzymatic saccharification and fermentation. Corn stover (the non-grain parts of the plant is a potential feedstock to produce cellulosic ethanol in second-generation biorefineries. At present, corn grain is harvested by removing the grain from the living plant while leaving the stover behind on the field. Alternatively, whole corn plants can be harvested to cohydrolyze both starch and cellulose after a suitable thermochemical pretreatment to produce fermentable monomeric sugars. In this study, we used physiologically immature corn silage (CS and matured whole corn plants (WCP as feedstocks to produce ethanol using ammonia fiber expansion (AFEX pretreatment followed by enzymatic hydrolysis (at low enzyme loadings and cofermentation (for both glucose and xylose using a cellulase-amylase-based cocktail and a recombinant Saccharomyces cerevisiae 424A (LNH-ST strain, respectively. The effect on hydrolysis yields of AFEX pretreatment conditions and a starch/cellulose-degrading enzyme addition sequence for both substrates was also studied. Results AFEX-pretreated starch-rich substrates (for example, corn grain, soluble starch had a 1.5-3-fold higher enzymatic hydrolysis yield compared with the untreated substrates. Sequential addition of cellulases after hydrolysis of starch within WCP resulted in 15-20% higher hydrolysis yield compared with simultaneous addition of hydrolytic enzymes. AFEX-pretreated CS gave 70% glucan conversion after 72 h of hydrolysis for 6% glucan loading (at 8 mg total enzyme loading per gram glucan. Microbial inoculation of CS before ensilation yielded a 10-15% lower glucose hydrolysis yield for the pretreated substrate, due to loss in starch content. Ethanol fermentation of AFEX-treated (at 6% w/w glucan loading CS hydrolyzate (resulting

  16. Enzymatic digestibility and ethanol fermentability of AFEX-treated starch-rich lignocellulosics such as corn silage and whole corn plant

    Science.gov (United States)

    2010-01-01

    Background Corn grain is an important renewable source for bioethanol production in the USA. Corn ethanol is currently produced by steam liquefaction of starch-rich grains followed by enzymatic saccharification and fermentation. Corn stover (the non-grain parts of the plant) is a potential feedstock to produce cellulosic ethanol in second-generation biorefineries. At present, corn grain is harvested by removing the grain from the living plant while leaving the stover behind on the field. Alternatively, whole corn plants can be harvested to cohydrolyze both starch and cellulose after a suitable thermochemical pretreatment to produce fermentable monomeric sugars. In this study, we used physiologically immature corn silage (CS) and matured whole corn plants (WCP) as feedstocks to produce ethanol using ammonia fiber expansion (AFEX) pretreatment followed by enzymatic hydrolysis (at low enzyme loadings) and cofermentation (for both glucose and xylose) using a cellulase-amylase-based cocktail and a recombinant Saccharomyces cerevisiae 424A (LNH-ST) strain, respectively. The effect on hydrolysis yields of AFEX pretreatment conditions and a starch/cellulose-degrading enzyme addition sequence for both substrates was also studied. Results AFEX-pretreated starch-rich substrates (for example, corn grain, soluble starch) had a 1.5-3-fold higher enzymatic hydrolysis yield compared with the untreated substrates. Sequential addition of cellulases after hydrolysis of starch within WCP resulted in 15-20% higher hydrolysis yield compared with simultaneous addition of hydrolytic enzymes. AFEX-pretreated CS gave 70% glucan conversion after 72 h of hydrolysis for 6% glucan loading (at 8 mg total enzyme loading per gram glucan). Microbial inoculation of CS before ensilation yielded a 10-15% lower glucose hydrolysis yield for the pretreated substrate, due to loss in starch content. Ethanol fermentation of AFEX-treated (at 6% w/w glucan loading) CS hydrolyzate (resulting in 28 g/L ethanol

  17. Climate forecasts for corn producer decision making

    Science.gov (United States)

    Corn is the most widely grown crop in the Americas, with annual production in the United States of approximately 332 million metric tons. Improved climate forecasts, together with climate-related decision tools for corn producers based on these improved forecasts, could substantially reduce uncertai...

  18. Arbitrage Pricing, Capital Asset Pricing, and Agricultural Assets

    OpenAIRE

    Louise M. Arthur; Colin A. Carter; Fay Abizadeh

    1988-01-01

    A new asset pricing model, the arbitrage pricing theory, has been developed as an alternative to the capital asset pricing model. The arbitrage pricing theory model is used to analyze the relationship between risk and return for agricultural assets. The major conclusion is that the arbitrage pricing theory results support previous capital asset pricing model findings that the estimated risk associated with agricultural assets is low. This conclusion is more robust for the arbitrage pricing th...

  19. 7 CFR 457.129 - Fresh market sweet corn crop insurance provisions.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 6 2010-01-01 2010-01-01 false Fresh market sweet corn crop insurance provisions. 457... sweet corn crop insurance provisions. The fresh market sweet corn crop insurance provisions for the 2008... Reinsured Policies Fresh Market Sweet Corn Crop Provisions 1. Definitions Allowable cost.—The dollar amount...

  20. Output Price Risk, Material Input Price Risk, and Price Margins: Evidence from the US Catfish Industry.

    Directory of Open Access Journals (Sweden)

    David Bouras

    2017-07-01

    Full Text Available Aim/purpose - To develop a conceptual model for analyzing the impact of output price risk and material input price risk on price margins. Design/methodology/approach - To analyze the combined effect of output price risk and material input risk on price margins, we use a series of comparative static analyses, GARCH models, and data ranging from 1990/01 to 2012/12. Findings - The theoretical results indicate that the impact of output price risk and the impact of material input price risk on price margins are ambiguous and, to a great extent, hinge on the correlation between output price and material input price. The empirical results show that whole frozen catfish price risk and live catfish price risk negatively affect the price margin for frozen catfish. The empirical results, however, indicate that the risk of the price of live catfish affects markedly the price margin for frozen whole catfish in contrast to the impact of the risk of the price of frozen whole catfish. Research implications/limitations - The empirical results have significant implications for managerial decision-making especially when crafting strategies for improving price margins. Accordingly, in order to beef up the price margin for frozen whole catfish, catfish processors may consider engaging in vertical integration. This paper has some limitations: first, it assumes that firms operate in competitive markets; second, it assumes that firms produce and sell a single product. Originality/value/contribution - Unlike earlier studies that focused solely on the effect of output price risk on price margins, this paper analyzes theoretically and empirically the impact of output price risk and material input price risk on price margins.

  1. Growing ethanol sector drives corn supply chain shift for the last decade

    Science.gov (United States)

    Kim, T.; Schmitt, J.; Brauman, K. A.; Smith, T. M.; Suh, K.

    2017-12-01

    The US is the largest producer in the world, 89% of corn production uses in domestic demands in 2012. Carbon emission and irrigated water usage in the corn farming stage are hot-spot in the meat production sectors, comprise 37% of all US corn demand. The annual capacity of the ethanol sector increases from 6.5 billion gallons to 15.3 billion gallons for the last decade. The growth of corn demand in ethanol sector makes corn supply chain shift. Most of the ethanol plants located in the Mid-west where is the top 12 corn producing states. Therefore animal feeds take more supply from the other states. The purpose of this study is to estimate environmental impacts and water scarcity associated embedded corn by the temporal and spatial corn supply chain model based on a cost minimization. We use publicly available county-level data on corn production, feed demands, aggregative carbon emission and irrigated water usage in farming state, and a water depletion index as a metric for determining water scarcity. The water stressed counties produce 23.3% of US total corn production in 2012, and the irrigated corn is 14.2%. We simulated the corn supply chain using linear programming and developed the web-based visualization tools called FoodS3 (Food Systems Supply-chain Sustainability tool, http://foods3.org).

  2. Replication of Holograms with Corn Syrup by Rubbing

    Directory of Open Access Journals (Sweden)

    Arturo Olivares-Pérez

    2012-08-01

    Full Text Available Corn syrup films are used to replicate holograms in order to fabricate micro-structural patterns without the toxins commonly found in photosensitive salts and dyes. We use amplitude and relief masks with lithographic techniques and rubbing techniques in order to transfer holographic information to corn syrup material. Holographic diffraction patterns from holographic gratings and computer Fourier holograms fabricated with corn syrup are shown. We measured the diffraction efficiency parameter in order to characterize the film. The versatility of this material for storage information is promising. Holographic gratings achieved a diffraction efficiency of around 8.4% with an amplitude mask and 36% for a relief mask technique. Preliminary results using corn syrup as an emulsion for replicating holograms are also shown in this work.

  3. Replication of Holograms with Corn Syrup by Rubbing

    Science.gov (United States)

    Mejias-Brizuela, Nildia Y.; Olivares-Pérez, Arturo; Ortiz-Gutiérrez, Mauricio

    2012-01-01

    Corn syrup films are used to replicate holograms in order to fabricate micro-structural patterns without the toxins commonly found in photosensitive salts and dyes. We use amplitude and relief masks with lithographic techniques and rubbing techniques in order to transfer holographic information to corn syrup material. Holographic diffraction patterns from holographic gratings and computer Fourier holograms fabricated with corn syrup are shown. We measured the diffraction efficiency parameter in order to characterize the film. The versatility of this material for storage information is promising. Holographic gratings achieved a diffraction efficiency of around 8.4% with an amplitude mask and 36% for a relief mask technique. Preliminary results using corn syrup as an emulsion for replicating holograms are also shown in this work.

  4. Forecasting corn production in Serbia using ARIMA model

    Directory of Open Access Journals (Sweden)

    Ilić Ivana

    2016-01-01

    Full Text Available Agricultural crop production is closely related to climate, as a decisive success factor. Temperature fluctuations and changes in the volume of precipitation are the main factors affecting the growth and development of crops, and, ultimately, the quantity produced. Corn is the most common crop necessary to provide for domestic needs, and a strategic product for export. Production of corn in the period from 1947 to 2014 in Serbia had an oscillatory trend, with significant jumps and falls in production. The subject of this paper is the forecasting of future trends in corn production in Serbia. Building on the subject, the purpose of this paper is to create the model for forecasting future corn production and establishing its trends.

  5. Biodiesel production from corn oil by transesterification process

    International Nuclear Information System (INIS)

    Khan, N.A.; Dessouky, H.

    2009-01-01

    There is much political demand and economic pressure to convert agricultural surpluses into material, such as motor fuel, in which the world is deficient. Transport industry is primary consumer of crude oil. Due to scarcity of known petroleum reserves, the possible alternative fuel for use in present engine technology is biofuels. Europe, USA and Brazil are successfully using biofuels. Biofuels causes less environmental pollution as compared to normal petro fuels. As a fuel, ethanol (gasohol) is used in internal combustion engine while methyester (Biodiesel) is used in diesel engines with same or better performance as compared to petro fuels. Corn is very valuable crop with numerous industrial applications, and is used in more than 300 modern industries, including the manufacture of textiles, paper, adhesives, insecticides, paints, soaps, explosives and many more. Presently the biggest source of ethanol production is from corn (produced by USA). Edible oil can also be extracted from corn which is normally used for cooking and it can be used for biodiesel production. Many countries are experimenting on fats and oil to get feasible data for production of biodiesel. Presently USA prefer to use soybean oil as raw material for commercial production of biodiesel while in Europe rapeseed oil is preferred, so therefore, it depends upon the availability of raw material in particular area and may change from location to location. In Pakistan we started with corn oil to produce biodiesel by transesterification method. In present study different design parameters such as effect of temperature, catalyst concentration, molar ratio, and Stirrer speed were founded for better conversion of neat and used corn oil into biodiesel. The optimum parameters proposed for neat corn oil are 0.5% of catalyst based on weight of corn oil, temperature between 50 deg. C to 60 deg. C, reaction time 15 minutes, molar ratio of 6:1 and speed of stirrer 155 rpm. In case of used corn oil high catalyst

  6. 7 CFR 407.11 - Group risk plan for corn.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 6 2010-01-01 2010-01-01 false Group risk plan for corn. 407.11 Section 407.11..., DEPARTMENT OF AGRICULTURE GROUP RISK PLAN OF INSURANCE REGULATIONS § 407.11 Group risk plan for corn. The provisions of the Group Risk Plan for Corn for the 2000 and succeeding crop years are as follows: 1...

  7. Physicochemical and sensory qualities of spiced soy-corn milk ...

    African Journals Online (AJOL)

    Soy-corn milk type was produced from a blend of soybean milk and corn milk extract at a ratio of 3:1. The soy-corn milk type was spiced with ginger and garlic extract respectively to improve the taste. Total dissolved solid (TDS), total titrable acidity (TTA) specific gravity (SG), apparent colloidal stability, pH and sensory ...

  8. From the Cover: Environmental, economic, and energetic costs and benefits of biodiesel and ethanol biofuels

    Science.gov (United States)

    Hill, Jason; Nelson, Erik; Tilman, David; Polasky, Stephen; Tiffany, Douglas

    2006-07-01

    Negative environmental consequences of fossil fuels and concerns about petroleum supplies have spurred the search for renewable transportation biofuels. To be a viable alternative, a biofuel should provide a net energy gain, have environmental benefits, be economically competitive, and be producible in large quantities without reducing food supplies. We use these criteria to evaluate, through life-cycle accounting, ethanol from corn grain and biodiesel from soybeans. Ethanol yields 25% more energy than the energy invested in its production, whereas biodiesel yields 93% more. Compared with ethanol, biodiesel releases just 1.0%, 8.3%, and 13% of the agricultural nitrogen, phosphorus, and pesticide pollutants, respectively, per net energy gain. Relative to the fossil fuels they displace, greenhouse gas emissions are reduced 12% by the production and combustion of ethanol and 41% by biodiesel. Biodiesel also releases less air pollutants per net energy gain than ethanol. These advantages of biodiesel over ethanol come from lower agricultural inputs and more efficient conversion of feedstocks to fuel. Neither biofuel can replace much petroleum without impacting food supplies. Even dedicating all U.S. corn and soybean production to biofuels would meet only 12% of gasoline demand and 6% of diesel demand. Until recent increases in petroleum prices, high production costs made biofuels unprofitable without subsidies. Biodiesel provides sufficient environmental advantages to merit subsidy. Transportation biofuels such as synfuel hydrocarbons or cellulosic ethanol, if produced from low-input biomass grown on agriculturally marginal land or from waste biomass, could provide much greater supplies and environmental benefits than food-based biofuels. corn | soybean | life-cycle accounting | agriculture | fossil fuel

  9. The effects of corn silk on glycaemic metabolism

    OpenAIRE

    Han Linna; Liu Tongjun; Guo Jianyou; Liu Yongmei

    2009-01-01

    Abstract Background Corn silk contains proteins, vitamins, carbohydrates, Ca, K, Mg and Na salts, fixed and volatile oils, steroids such as sitosterol and stigmasterol, alkaloids, saponins, tannins, and flavonoids. Base on folk remedies, corn silk has been used as an oral antidiabetic agent in China for decades. However, the hypoglycemic activity of it has not yet been understood in terms of modern pharmacological concepts. The purpose of this study is to investigate the effects of corn silk ...

  10. U.S. Ethanol Demand and World Hunger: Is There Any Connection?

    OpenAIRE

    Hao, Na; Colson, Greg; Wetzstein, Michael

    2015-01-01

    U.S. ethanol expansion objectives are to improve both energy security and the environmental. However, this expansion has raised issues concerning its detrimental impacts on the price volatility of developing countries’ agricultural commodities. These concerns are addressed by empirically investigating the relations among U.S. ethanol and corn markets with developing countries’ corn prices. Results indicate that U.S. ethanol demand impacts on developing countries’ corn prices vary by country. ...

  11. Optimizing continuous cover management of boreal forest when timber prices and tree growth are stochastic

    Directory of Open Access Journals (Sweden)

    Timo Pukkala

    2015-03-01

    Full Text Available Background Decisions on forest management are made under risk and uncertainty because the stand development cannot be predicted exactly and future timber prices are unknown. Deterministic calculations may lead to biased advice on optimal forest management. The study optimized continuous cover management of boreal forest in a situation where tree growth, regeneration, and timber prices include uncertainty. Methods Both anticipatory and adaptive optimization approaches were used. The adaptive approach optimized the reservation price function instead of fixed cutting years. The future prices of different timber assortments were described by cross-correlated auto-regressive models. The high variation around ingrowth model was simulated using a model that describes the cross- and autocorrelations of the regeneration results of different species and years. Tree growth was predicted with individual tree models, the predictions of which were adjusted on the basis of a climate-induced growth trend, which was stochastic. Residuals of the deterministic diameter growth model were also simulated. They consisted of random tree factors and cross- and autocorrelated temporal terms. Results Of the analyzed factors, timber price caused most uncertainty in the calculation of the net present value of a certain management schedule. Ingrowth and climate trend were less significant sources of risk and uncertainty than tree growth. Stochastic anticipatory optimization led to more diverse post-cutting stand structures than obtained in deterministic optimization. Cutting interval was shorter when risk and uncertainty were included in the analyses. Conclusions Adaptive optimization and management led to 6%–14% higher net present values than obtained in management that was based on anticipatory optimization. Increasing risk aversion of the forest landowner led to earlier cuttings in a mature stand. The effect of risk attitude on optimization results was small.

  12. Influence of variety and harvest maturity on phytochemical content in corn silk.

    Science.gov (United States)

    Sarepoua, Eakrin; Tangwongchai, Ratchada; Suriharn, Bhalang; Lertrat, Kamol

    2015-02-15

    Corn silk has been used as a traditional herb in Asia. The objective of this study was to evaluate variability in phytochemicals in corn varieties at three maturity stages of corn silk. Ten vegetable corn varieties were evaluated in a completely randomized design with three replications. Data were recorded for total phenolic (TPC), total flavonoids (TFC), total anthocyanin (TAC) and antioxidant activity (AA) by DPPH free-radical-scavenging assays. Differences among corn varieties were observed for all parameters at all maturity stages, and the interactions between maturity stage and corn variety were significant. TPC and TAC were highest at the milky stage, whereas TFC and AA were highest at the silking stage. TPC, TFC and AA were highest in super sweet corn and white corn at the silking stage. PWC5 variety of purple waxy corn at the milky stage had the highest values for all parameters, and it is useful for further development of functional food products. Copyright © 2014 Elsevier Ltd. All rights reserved.

  13. Annuity payments can increase patient access to innovative cell and gene therapies under England's net budget impact test.

    Science.gov (United States)

    Jørgensen, Jesper; Kefalas, Panos

    2017-01-01

    Background: Cell and gene therapies have the potential to provide therapeutic breakthroughs, but the high costs of researching, developing, manufacturing and delivering them translate into prices that may challenge healthcare budgets. Various measures exist that aim to address the affordability challenge, including reducing price, limiting patient numbers and/or linking remuneration to product performance. Objective: To explore how the net budget impact test recently introduced in England can affect patient access to high-value, one-off cell and gene therapies, and how managed entry agreements can improve access. Methods: We use a hypothetical example where a new high-value, one-off therapy launches in an indication where it displaces a relatively low cost chronic treatment. We calculate the number of patients that can be treated without exceeding the £20 million net budget impact threshold, and compare results for scenarios where a full upfront payment is used, and where annuity-based payments are used. Results : Charging a full upfront payment at the time of treatment can lead to suboptimal patient access. Conclusion: Annuity-based payments in combination with an outcomes-based remuneration scheme reduce consequences of decision uncertainty and can increase patient access, without exceeding the net budget impact test.

  14. 7 CFR 1000.53 - Announcement of class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... advanced pricing factors. 1000.53 Section 1000.53 Agriculture Regulations of the Department of Agriculture..., component prices, and advanced pricing factors. (a) On or before the 5th day of the month, the market... administrator for each Federal milk marketing order shall announce the following prices and pricing factors for...

  15. Horizontal ichthyoplankton tow-net system with unobstructed net opening

    Science.gov (United States)

    Nester, Robert T.

    1987-01-01

    The larval fish sampler described here consists of a modified bridle, frame, and net system with an obstruction-free net opening and is small enough for use on boats 10 m or less in length. The tow net features a square net frame attached to a 0.5-m-diameter cylinder-on-cone plankton net with a bridle designed to eliminate all obstructions forward of the net opening, significantly reducing currents and vibrations in the water directly preceding the net. This system was effective in collecting larvae representing more than 25 species of fish at sampling depths ranging from surface to 10 m and could easily be used at greater depths.

  16. Contrasting Convective Flux Gradients in the U.S. Corn Belt as a Result of Vegetation Land Cover Type

    Science.gov (United States)

    Hiestand, M.

    2017-12-01

    Phenological differences between extensive croplands and remnant forests in the U.S. Corn Belt have been suggested as enhancing spatial gradients of latent and sensible heat fluxes that contribute to the distribution and amounts of convective rainfall on mesoscales. However, the exact magnitude of the intra-seasonal variability in convective fluxes between these two land-cover types has yet to be quantified. Previous work suggesting that non-classical mesoscale circulations operate within the Corn Belt has not involved direct flux observations obtained using the eddy flux covariance technique. This study compares five day running means of daily heat fluxes between two Ameriflux towers (US-Bo1 in Illinois and US-MMS in Indiana) representing rain-fed cropland and remnant forest, respectively for the growing seasons of 1999-2008. Latent heat values normalized to the net radiation show higher rates of evapotranspiration at the forested site than over the cropland during the start of the growing season. However, toward the end of the growing season, latent heat fluxes from the forest decrease and the cropland becomes the dominate source of evapotranspiration. Conversely, croplands dominate sensible heat fluxes at the start of the growing season whereas the remnant forests are associated with strong sensible heat fluxes in late summer. These intra-seasonal spatial differences of latent and sensible heat fluxes across the Corn Belt imply differences in moisture pooling that are suggested as enhancing atmospheric convection during favorable synoptic conditions, especially near the boundaries of these two land cover types. Understanding the physical mechanisms by which the spatial distribution of vegetated land cover can generate contrasting latent and sensible heat fluxes will lay the groundwork for improving mesoscale precipitation forecasts in the Corn Belt, and determining the possible impacts of ongoing land-cover and climate changes there.

  17. Corn Stover Availability for Biomass Conversion: Situation Analysis

    International Nuclear Information System (INIS)

    Hess, J. Richard; Kenney, Kevin L.; Wright, Christopher T.; Perlack, Robert; Turhollow, Anthony

    2009-01-01

    As biorefining conversion technologies become commercial, feedstock availability, supply system logistics, and biomass material attributes are emerging as major barriers to the availability of corn stover for biorefining. While systems do exist to supply corn stover as feedstock to biorefining facilities, stover material attributes affecting physical deconstruction, such as densification and post-harvest material stability, challenge the cost-effectiveness of present-day feedstock logistics systems. In addition, the material characteristics of corn stover create barriers with any supply system design in terms of equipment capacity/efficiency, dry matter loss, and capital use efficiency. However, this study of a large, square-bale corn stover feedstock supply system concludes that (1) where other agronomic factors are not limiting, corn stover can be accessed and supplied to a biorefinery using existing bale-based technologies, (2) technologies and new supply system designs are necessary to overcome biomass bulk density and moisture material property challenges, and (3) major opportunities to improve conventional-bale biomass feedstock supply systems include improvements in equipment efficiency and capacity and reducing biomass losses in harvesting and collection and storage. Finally, the backbone of an effective stover supply system design is the optimization of intended and minimization of unintended material property changes as the corn stover passes through the individual supply system processes from the field to the biorefinery conversion processes

  18. Ex-vessel Fish Price Database: Disaggregating Prices for Low-Priced Species from Reduction Fisheries

    Directory of Open Access Journals (Sweden)

    Travis C. Tai

    2017-11-01

    Full Text Available Ex-vessel fish prices are essential for comprehensive fisheries management and socioeconomic analyses for fisheries science. In this paper, we reconstructed a global ex-vessel price database with the following areas of improvement: (1 compiling reported prices explicitly listed as “for reduction to fishmeal and fish oil” to estimate prices separately for catches destined for fishmeal and fish oil production, and other non-direct human consumption purposes; (2 including 95% confidence limit estimates for each price estimation; and (3 increasing the number of input data and the number of price estimates to match the reconstructed Sea Around Us catch database. Our primary focus was to address this first area of improvement as ex-vessel prices for catches destined for non-direct human consumption purposes were substantially overestimated, notably in countries with large reduction fisheries. For example in Peru, 2010 landed values were estimated as 3.8 billion real 2010 USD when using separate prices for reduction fisheries, compared with 5.8 billion using previous methods with only one price for all end-products. This update of the price database has significant global and country-specific impacts on fisheries price and landed value trends over time.

  19. Higher-moment measurements of net-kaon, net-charge and net-proton multiplicity distributions at STAR

    International Nuclear Information System (INIS)

    Sarkar, Amal

    2014-01-01

    In this paper, we report the measurements of the various moments, such as mean, standard deviation (σ), skewness (S) and kurtosis (κ) of the net-kaon, net-charge and net-proton multiplicity distributions at mid-rapidity in Au + Au collisions from √(s NN )=7.7 to 200 GeV with the STAR experiment at RHIC. This work has been done with the aim to locate the critical point on the QCD phase diagram. These moments and their products are related to the thermodynamic susceptibilities of conserved quantities such as net baryon number, net charge, and net strangeness as well as to the correlation length of the system which diverges in an ideal infinite thermodynamic system at the critical point. For a finite system, existing for a finite time, a non-monotonic behavior of these variables would indicate the presence of the critical point. Furthermore, we also present the moment products Sσ, κσ 2 of net-kaon, net-charge and net-proton multiplicity distributions as a function of collision centrality and energy. The energy and the centrality dependence of higher moments and their products have been compared with different models

  20. Aflatoxin contamination in corn sold for wildlife feed in texas.

    Science.gov (United States)

    Dunham, Nicholas R; Peper, Steven T; Downing, Carson D; Kendall, Ronald J

    2017-05-01

    Supplemental feeding with corn to attract and manage deer is a common practice throughout Texas. Other species, including northern bobwhites (Colinus virginianus), are commonly seen feeding around supplemental deer feeders. In many cases, supplemental feeding continues year-round so feed supply stores always have supplemental corn in stock. Fluctuating weather and improper storage of corn can lead to and/or amplify aflatoxin contamination. Due to the recent decline of bobwhites throughout the Rolling Plains ecoregion of Texas, there has been interest in finding factors such as toxins that could be linked to their decline. In this study, we purchased and sampled supplemental corn from 19 locations throughout this ecoregion to determine if aflatoxin contamination was present in individual bags prior to being dispersed to wildlife. Of the 57 bags sampled, 33 bags (approximately 58%) contained aflatoxin with a bag range between 0.0-19.91 parts per billion (ppb). Additionally, three metal and three polypropylene supplemental feeders were each filled with 45.4 kg of triple cleaned corn and placed in an open field to study long-term aflatoxin buildup. Feeders were sampled every 3 months from November 2013-November 2014. Average concentration of aflatoxin over the year was 4.08 ± 2.53 ppb (±SE) in metal feeders, and 1.43 ± 0.89 ppb (±SE) in polypropylene feeders. The concentration of aflatoxins is not affected by the type of feeder (metal vs polypropylene), the season corn was sampled, and the location in the feeder (top, middle, bottom) where corn is sampled. It is unlikely that corn used in supplemental feeders is contributing to the bobwhite decline due to the low levels of aflatoxin found in purchased corn and long-term storage of corn used in supplemental feeders.

  1. Inhibitory Effect of Corn Silk on Skin Pigmentation

    OpenAIRE

    Sang Yoon Choi; Yeonmi Lee; Sung Soo Kim; Hyun Min Ju; Ji Hwoon Baek; Chul-Soo Park; Dong-Hyuk Lee

    2014-01-01

    In this study, the inhibitory effect of corn silk on melanin production was evaluated. This study was performed to investigate the inhibitory effect of corn silk on melanin production in Melan-A cells by measuring melanin production and protein expression. The corn silk extract applied on Melan-A cells at a concentration of 100 ppm decreased melanin production by 37.2% without cytotoxicity. This was a better result than arbutin, a positive whitening agent, which exhibited a 26.8% melanin prod...

  2. Experimental investigation of pyrolysis process of corn straw

    OpenAIRE

    Lei Wang; Shengqiang Shen; Shuhua Yang; Xinguang Shi

    2010-01-01

    The present paper was performed to analyze the pyrolysis process of corn straw. Based on the thermogravimetric analysis, the component of pyrolysis gas of corn straw was tested using the gas chromatograph analyzer. Experimental results showed that, as the reaction temperature increases, the component of H 2 and CH 4 increases, whereas the component of CO and CO 2 decreases. Finally, the mechanism of pyrolysis process of corn straw was revealed from the point of view of the molecular structure...

  3. Mild alkaline presoaking and organosolv pretreatment of corn stover and their impacts on corn stover composition, structure, and digestibility.

    Science.gov (United States)

    Qing, Qing; Zhou, Linlin; Guo, Qi; Gao, Xiaohang; Zhang, Yan; He, Yucai; Zhang, Yue

    2017-06-01

    An efficient strategy was developed in current work for biochemical conversion of carbohydrates of corn stover into monosaccharides. Corn stover was first presoaked in mild alkaline solution (1% Na 2 S) under 40°C for 4h, after which about 35.3% of the lignin was successfully removed while the specific surface area was notably enlarged. Then the presoaked solids were subjected to organosolv pretreatment that employed 20% methanol with an addition of 0.2% HCl as catalyst at 160°C for 20min, and the maximum total sugar yield of the pretreated corn stover achieved was 98.6%. The intact structure of corn stover was disrupted by this two-step process, which resulted in a porous but crystalline structure of the regenerated solids that were mainly composed of cellulose. The enlarged specific surface area and increased accessibility made the regenerated solids highly digestible by a moderate enzyme loading. Copyright © 2017 Elsevier Ltd. All rights reserved.

  4. Ácido fítico de híbridos de milho e alguns produtos industrializados = Phytic acid in corn hybrids and in some industrialized corn products

    Directory of Open Access Journals (Sweden)

    Tatiana Shizue Fukuji

    2008-01-01

    Full Text Available O ácido fítico (AF ou mio-inositol hexafosfato está presente principalmente em cereais, e o germe de milho apresenta teor elevado, com cerca de 6,0 a 7,0% em base seca. Devido a sua propriedade quelante com metais di e tri-valentes, o AF apresenta capacidade antioxidante com eficaz atuação na inibição de reações de oxidação. O teor de AF foi determinado no germe e endosperma de 11 híbridos de milhos, cultivados no Estado do Paraná, e em diferentes produtos industrializados de milho. Os germes de híbridos de milho foram caracterizados como componentes do milho, com elevado teor e osendospermas com baixo teor de AF. Os produtos derivados de milho, elaborados basicamente com endosperma tais como canjica, creme de milho, farinha de milho e fubá fino, apresentaram menor teor de AF, enquanto aqueles originários dos germes desengordurado, fino, gordo e película de milho apresentaram maior teor de AF.Phytic acid (PA, also known as myoinositol hexaphosphate, is found mainly in cereal grains. Corn germ has high concentrations of PA – from 6.0 to 7.0% on a dry weight basis. Due to its chelating properties on di- and trivalent metals, PA has antioxidantattributes, effectively inhibiting oxidation reactions. In this study, PA levels were determined in the germ and endosperm of eleven corn hybrids cultivate in Paraná State (Brazil, and also in several industrialized corn products. Corn hybrid germs were characterized as corn components with high PA levels, whereas endosperms featuredlow levels of PA. Corn-based industrialized products, derived mostly from corn endosperm (such as canjica, creamed corn, corn flour and cornmeal featured the lowest PA values. Conversely, defatted corn germs and corn cuticle showed the highest PA levels.

  5. Comparison of corn and switchgrass on marginal soils for bioenergy

    Energy Technology Data Exchange (ETDEWEB)

    Varvel, G.E.; Vogel, K.P.; Mitchell, R.B. [USDA-ARS, 344 Keim Hall, University of Nebraska-Lincoln, P.O. Box 830937, Lincoln, NE 68583-0937 (United States); Follett, R.F. [USDA-ARS, Room S-100, 2150 Centre Avenue Building D, Ft. Collins, CO 80526-8119 (United States); Kimble, J.M. [USDA-NRCS, National Soil Survey Center, 100 Centennial Mall North, Lincoln, NE 68508-3866 (United States)

    2008-01-15

    Crop residues such as corn (Zea mays L.) stover are viewed as an abundant and inexpensive source of biomass that can be removed from fields to produce bioenergy. Assumptions include that with minimum or no-tillage farming methods, there will be no deleterious production or environmental effects. A long-term field study was established in eastern Nebraska, USA, to compare the switchgrass managed as a biomass energy crop versus no-till corn on a non-irrigated site, marginal for row-crop production, in the western Corn Belt. Our objective in this paper is to report on corn stover removal effects on corn grain yields and potential ethanol production in both cropping systems. Corn, under no-till management, and switchgrass were grown at three N fertilizer levels. In the first 5 years (2001-2005), removal of half the available stover significantly reduced corn yields. During that same time period, the potential ethanol yield for switchgrass was equal to or greater than the potential total ethanol yield of corn grain and harvested stover fertilized at the same optimum N rate. The effect of crop residue removal on crop productivity needs to be investigated in other agro-ecosystems and the potential use of dedicated perennial biomass energy crops should remain a viable renewable energy option on non-irrigated marginal croplands. (author)

  6. A Remote Sensing-Derived Corn Yield Assessment Model

    Science.gov (United States)

    Shrestha, Ranjay Man

    be further associated with the actual yield. Utilizing satellite remote sensing products, such as daily NDVI derived from Moderate Resolution Imaging Spectroradiometer (MODIS) at 250 m pixel size, the crop yield estimation can be performed at a very fine spatial resolution. Therefore, this study examined the potential of these daily NDVI products within agricultural studies and crop yield assessments. In this study, a regression-based approach was proposed to estimate the annual corn yield through changes in MODIS daily NDVI time series. The relationship between daily NDVI and corn yield was well defined and established, and as changes in corn phenology and yield were directly reflected by the changes in NDVI within the growing season, these two entities were combined to develop a relational model. The model was trained using 15 years (2000-2014) of historical NDVI and county-level corn yield data for four major corn producing states: Kansas, Nebraska, Iowa, and Indiana, representing four climatic regions as South, West North Central, East North Central, and Central, respectively, within the U.S. Corn Belt area. The model's goodness of fit was well defined with a high coefficient of determination (R2>0.81). Similarly, using 2015 yield data for validation, 92% of average accuracy signified the performance of the model in estimating corn yield at county level. Besides providing the county-level corn yield estimations, the derived model was also accurate enough to estimate the yield at finer spatial resolution (field level). The model's assessment accuracy was evaluated using the randomly selected field level corn yield within the study area for 2014, 2015, and 2016. A total of over 120 plot level corn yield were used for validation, and the overall average accuracy was 87%, which statistically justified the model's capability to estimate plot-level corn yield. Additionally, the proposed model was applied to the impact estimation by examining the changes in corn yield

  7. Agricultural subsidies in the United States and their effect on two annual Chilean crops: corn and wheat

    Directory of Open Access Journals (Sweden)

    José Díaz Osorio

    2006-09-01

    Full Text Available The development strategies for Chile have been oriented toward a greater commercial openness. Chile and the United States signed a Free Trade Agreement (FTA that has triggered controversies between producers directed to the internal market due to the production and export subsidies that this country carries out. This study analyzed the effect of subsidies granted by the United States to wheat (Tritricum aestivum and corn (Zea mays growers (Farm Bill 2002. For the study, Technical Standard sheet were drawn up, from which were determined the direct production costs and the gross margins. The variables used (market prices, subsidies, freight costs and tariffs and determining the average variable costs allowed us to do a sensitivity analysis, thus establishing the minimum level of production that national farmers must achieve in order to maintain competitiveness while a free trade is in force. The signing of a trade agreement could provoke the eventual withdrawal of many Chilean producers from the business arena while at the same time, favoring consumers with lower prices for the goods derived from these grains.

  8. Corn silk induces nitric oxide synthase in murine macrophages.

    Science.gov (United States)

    Kim, Kyung A; Choi, Sang Kyu; Choi, Hye Seon

    2004-12-31

    Corn silk has been purified as an anticoagulant previously and the active component is a polysaccharide with a molecular mass of 135 kDa. It activates murine macrophages to induce nitric oxide synthase (NOS) and generate substantial amounts of NO in time and dose-dependent manners. It was detectable first at 15 h after stimulation by corn silk, peaked at 24 h, and undetectable by 48 h. Induction of NOS is inhibited by pyrolidine dithiocarbamate (PDTC) and genistein, an inhibitor of nuclear factor kappa B (NF-kappaB) and tyrosine kinase, respectively, indicating that iNOS stimulated by corn silk is associated with tyrosine kinase and NF-kappaB signaling pathways. IkappaB-alpha degradation was detectible at 10 min, and the level was restored at 120 min after treatment of corn silk. Corn silk induced nuclear translocation of NF-kappaB by phosphorylation and degradation of IkappaB-alpha.

  9. Price strategy and pricing strategy: terms and content identification

    OpenAIRE

    Panasenko Tetyana

    2015-01-01

    The article is devoted to the terminology and content identification of seemingly identical concepts "price strategy" and "pricing strategy". The article contains evidence that the price strategy determines the direction, principles and procedure of implementing the company price policy and pricing strategy creates a set of rules and practical methods of price formation in accordance with the pricing strategy of the company.

  10. The improvement of corn starch isolation process by gamma irradiation

    International Nuclear Information System (INIS)

    Byun, M.W.; Kang, I.J.; Kwon, J.H.; Lee, S.J.; Kim, S.K.

    1995-01-01

    Gamma irradiation was applied to non-glutinous and glutinous corns for improving starch isolation process. No significant changes in proximate composition of corn grains were observed by gamma irradiation. Irradiation at 1 and 5 kGy was effective for sterilizing all contaminated microorganisms of non-glutinous and glutinous corns, respectively. The moisture-uptake rate constants were increased in proportional to the steeping temperature and applied irradiation dose level. The irradiation efficacy on water absorption properties was also recognized in the corns stored for six months at room temperature. The combined use of gamma irradiation with sulfur dioxide solution was very effective for reducing steeping time. The starch yield gradually increased as irradiation dose levels increased. At 2 kGy, the sarch yield of non-glutinous and glutinous corns increased by 38% and 27%, respectively. No significant difference in Hunter's color value was observed between the starches isolated from nonirradiated and irradiated corn grains

  11. Value based pricing: the least valued pricing strategy

    OpenAIRE

    Hoenen, Bob

    2017-01-01

    Pricing has been one of the least researched topics in marketing, although within these pricing strategies: cost-plus pricing is considered as the leading pricing strategy worldwide. Why should companies use such an unprofitable strategy, where fighting for a higher market share due to low prices is more a rule than exception? VBP is one of the most underestimated strategies by organizations. The definition of VBP is: 'value pricing applies to products that have the potential of being differe...

  12. 48 CFR 36.207 - Pricing fixed-price construction contracts.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Pricing fixed-price... Contracting for Construction 36.207 Pricing fixed-price construction contracts. (a) Generally, firm-fixed... methods. (b) Lump-sum pricing shall be used in preference to unit pricing except when— (1) Large...

  13. Price strategy and pricing strategy: terms and content identification

    Directory of Open Access Journals (Sweden)

    Panasenko Tetyana

    2015-11-01

    Full Text Available The article is devoted to the terminology and content identification of seemingly identical concepts "price strategy" and "pricing strategy". The article contains evidence that the price strategy determines the direction, principles and procedure of implementing the company price policy and pricing strategy creates a set of rules and practical methods of price formation in accordance with the pricing strategy of the company.

  14. Aracnidae diversity in soil cultivated with corn (Zea mays

    Directory of Open Access Journals (Sweden)

    Lígia Vanessa da Silva

    2014-09-01

    Full Text Available Studies carried out on the diversity and abundance of spiders may provide a rich information base on the degree of integrity of agricultural systems where they are found. In transgenic corn, Bacillus thuringiensis proteins are expressed in great amounts in plant tissues and may affect arthropod communities. Thus, the main goal of this work was to identify the spider diversity associated to transgenic and conventional corn hybrids. Pitfall collections were performed in conventional and transgenic corn plots during the 2010/2011 crop season, at the experimental field of the Agronomy Course of the University of Cruz Alta, RS. A total of 559 spiders were collected, from which 263 were adults and 296 young individuals. In the transgenic corn 266 spiders were collected and in the conventional one 293. Eleven families were determined and the adult individuals grouped in 27 morphospecies. Families with the largest number of representatives were Linyphiidae (29.70%, Theridiidae (5.72% and Lycosidae (5.01%. The most abundant morphospecies were Lyniphiidae sp. with 77 individuals, Erigone sp. with 40 individuals, Lynyphiidae sp. with 33 individuals, Theridiidae sp. with 21 individuals, Lycosa erythrognatha with 14 individuals and Lycosidae sp. with 13 individuals. The Shannon Diversity Index was higher for transgenic corn (H” =1.01 in February and smaller (H’=0.54 in the December collection in the conventional corn, and the Margaleff Richness Index showed higher diversity in December and February for the conventional corn (M=18.3, and smaller diversity for the transgenic corn in November (M=11.3. Families were classified in five guilds; two weavers: Irregular web builders and sheet web builders, and three hunter guilds: Night soil runners, ambush spiders and aerial night runners. The relative proportion of the spiders morphospecies found in this research, as well as the guilds, suggest that this group may not have been affected by the genetically

  15. Effects of replacing conventional corn silage with BMR corn silage

    Science.gov (United States)

    Previous research has shown that the (lignin reducing) brown mid-rib mutation in corn silage, which increases in vitro fiber digestibility, does not always improve fiber digestibility when fed as part of a TMR; however, feed intake and milk production are increased. The objectives of this experiment...

  16. 7 CFR 810.404 - Grades and grade requirements for corn.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 7 2010-01-01 2010-01-01 false Grades and grade requirements for corn. 810.404... OFFICIAL UNITED STATES STANDARDS FOR GRAIN United States Standards for Corn Principles Governing the Application of Standards § 810.404 Grades and grade requirements for corn. Grade Minimum test weight per...

  17. Logistics: Price Rises Incurred by High Oil Price

    Institute of Scientific and Technical Information of China (English)

    Lai Zhihui

    2011-01-01

    @@ "When the oil price grows by 100%, the logistic indus-try will see a price growth of 40%, while the logistics in-dustry a price rise of 35%, which means every price increase of 5% in the oil price will bring along that of 2% in this industry." said Liu Zongsheng, General Manager of Itochu Logistics Co., Ltd., on the seminar "Focusing on the eco-nomic consequences of raising oil price, interest rate and deposit reserve ratio", which was held recently.

  18. Variation of biometric parameters in corn cobs under the influence of nitrogen fertilization

    Science.gov (United States)

    Gigel, Prisecaru; Florin, Sala

    2017-07-01

    Biometric parameters as elements of productivity on corn cobs, along with plant density per unit area (ha) are essential in achieving production. The influence of differentiated fertilization with nitrogen was evaluated at the level of productivity elements on corn cobs, Andreea hybrid. Biometric parameters of the corn cobs (total length - L; usable length - l; uncoated length with corn kernels - lu; diameter at the base - Db, middle - Dm, and top of the corn cobs - Dt; corn cob weight - Cw, grain weight - Gw) were directly influenced by the doses of nitrogen. Regression analysis has facilitated the prediction of grain weight as the main element of productivity under different statistical certainty based on nitrogen doses (R2 = 0.962, p<0.01), on the total length of corn cobs (R2 = 0.985, p<0.01), on the usable length of corn cobs (R2 = 0.996, p<<0.001), on the diameter at the base of corn cobs (R2 = 0.824, p<0.01), on the diameter at the middle of corn cobs (R2 = 0.807, p<0.01), on uncoated length with corn kernels (R2 = 0.624, p<0.01) and on the diameter at the top of the corn cobs (R2 = 0.384, p=0.015).

  19. Micrometeorological measurements at Ash Meadows and Corn Creek Springs, Nye and Clark counties, Nevada, 1986-87

    Science.gov (United States)

    Johnson, M.J.; Pupacko, Alex

    1992-01-01

    Micrometeorological data were collected at Ash Meadows and Corn Creek Springs, Nye and Clark Counties, Nevada, from October 1, 1986 through September 30, 1987. The data include accumulated measurements recorded hourly or every 30 minutes, at each site, for the following climatic variables: air temperature, wind speed, relative humidity, precipitation, solar radiation, net radiation, and soil-heat flux. Periodic sampling of sensible-heat flux and latent-heat flux were also recorded using 5-minute intervals of accumulated data. Evapotranspiration was calculated by both the eddy-correlation method and the Penman combination method. The data collected and the computer programs used to process the data are available separately on three magnetic diskettes in card-image format. (USGS)

  20. Enhancing medicine price transparency through price information mechanisms.

    Science.gov (United States)

    Hinsch, Michael; Kaddar, Miloud; Schmitt, Sarah

    2014-05-08

    Medicine price information mechanisms provide an essential tool to countries that seek a better understanding of product availability, market prices and price compositions of individual medicines. To be effective and contribute to cost savings, these mechanisms need to consider prices in their particular contexts when comparing between countries. This article discusses in what ways medicine price information mechanisms can contribute to increased price transparency and how this may affect access to medicines for developing countries. We used data collected during the course of a WHO project focusing on the development of a vaccine price and procurement information mechanism. The project collected information from six medicine price information mechanisms and interviewed data managers and technical experts on key aspects as well as observed market effects of these mechanisms.The reviewed mechanisms were broken down into categories including objective and target audience, as well as the sources, types and volumes of data included. Information provided by the mechanisms was reviewed according to data available on medicine prices, product characteristics, and procurement modalities. We found indications of positive effects on access to medicines resulting from the utilization of the reviewed mechanisms. These include the uptake of higher quality medicines, more favorable results from contract negotiations, changes in national pricing policies, and the decrease of prices in certain segments for countries participating in or deriving data from the various mechanisms. The reviewed mechanisms avoid the methodological challenges observed for medicine price comparisons that only use national price databases. They work with high quality data and display prices in the appropriate context of procurement modalities as well as the peculiarities of purchasing countries. Medicine price information mechanisms respond to the need for increased medicine price transparency and have the

  1. Dynamic Pricing

    DEFF Research Database (Denmark)

    Sharifi, Reza; Anvari-Moghaddam, Amjad; Fathi, S. Hamid

    2017-01-01

    Dynamic pricing scheme, also known as real-time pricing (RTP), can be more efficient and technically beneficial than the other price-based schemes (such as flat-rate or time-of-use (TOU) pricing) for enabling demand response (DR) actions. Over the past few years, advantages of RTP-based schemes h...... of dynamic pricing can lead to increased willingness of consumers to participate in DR programs which in turn improve the operation of liberalized electricity markets.......Dynamic pricing scheme, also known as real-time pricing (RTP), can be more efficient and technically beneficial than the other price-based schemes (such as flat-rate or time-of-use (TOU) pricing) for enabling demand response (DR) actions. Over the past few years, advantages of RTP-based schemes...

  2. Maleic acid treatment of biologically detoxified corn stover liquor.

    Science.gov (United States)

    Kim, Daehwan; Ximenes, Eduardo A; Nichols, Nancy N; Cao, Guangli; Frazer, Sarah E; Ladisch, Michael R

    2016-09-01

    Elimination of microbial and enzyme inhibitors from pretreated lignocellulose is critical for effective cellulose conversion and yeast fermentation of liquid hot water (LHW) pretreated corn stover. In this study, xylan oligomers were hydrolyzed using either maleic acid or hemicellulases, and other soluble inhibitors were eliminated by biological detoxification. Corn stover at 20% (w/v) solids was LHW pretreated LHW (severity factor: 4.3). The 20% solids (w/v) pretreated corn stover derived liquor was recovered and biologically detoxified using the fungus Coniochaeta ligniaria NRRL30616. After maleic acid treatment, and using 5 filter paper units of cellulase/g glucan (8.3mg protein/g glucan), 73% higher cellulose conversion from corn stover was obtained for biodetoxified samples compared to undetoxified samples. This corresponded to 87% cellulose to glucose conversion. Ethanol production by yeast of pretreated corn stover solids hydrolysate was 1.4 times higher than undetoxified samples, with a reduction of 3h in the fermentation lag phase. Copyright © 2016 Elsevier Ltd. All rights reserved.

  3. Cornelis den Hartog: an outstanding aquatic ecologist

    NARCIS (Netherlands)

    Velde, van der G.; Brock, T.C.M.; Kempers, A.J.

    1996-01-01

    A survey is given of the work and life of Cornelis den Hartog up to the date in 1996 on which he retired from his position as a professor at the University of Nijmegen. Cornelis (Kees) den Hartog made important contributions to aquatic ecology in the widest sense, e.G. On brackish water typology,

  4. Net energy balance of molasses based ethanol. The case of Nepal

    International Nuclear Information System (INIS)

    Khatiwada, Dilip; Silveira, Semida

    2009-01-01

    This paper evaluates life cycle energy analysis of molasses based ethanol (MOE) in Nepal. Net energy value (NEV), net renewable energy value (NREV) and energy yield ratio are used to evaluate the energy balance of MOE in Nepal. Total energy requirements in sugarcane farming, cane milling and ethanol conversion processes are estimated and energy allocation is made between co-products (molasses and sugar) as per their market prices. The result shows negative NEV (-13.05 MJ/L), positive NREV (18.36 MJ/L) and energy yield ratio (7.47). The higher positive value of NREV and energy yield ratio reveal that a low amount of fossil fuels are required to produce 1 L of MOE. However, negative NEV reveals that the total energy consumption (both fossil and renewables) to produce the ethanol is higher than its final energy content. Nevertheless, the renewable energy contribution amounts to 91.7% of total energy requirements. The effect of the increased price of molasses and reduced energy consumption in the sugarcane milling and ethanol conversion are found to be significant in determining the energy values and yield ratio of MOE. In addition, there are clear measures that can be taken to improve efficiency along the production chain. Finally, energy security, scarcity of hard currency for importing fossil fuels and opportunities for regional development are also strong reasons for considering local renewable energy options in developing countries. (author)

  5. Corn fiber hulls as a food additive or animal feed

    Science.gov (United States)

    Abbas, Charles; Beery, Kyle E.; Cecava, Michael J.; Doane, Perry H.

    2010-12-21

    The present invention provides a novel animal feed or food additive that may be made from thermochemically hydrolyzed, solvent-extracted corn fiber hulls. The animal feed or food additive may be made, for instance, by thermochemically treating corn fiber hulls to hydrolyze and solubilize the hemicellulose and starch present in the corn fiber hulls to oligosaccharides. The residue may be extracted with a solvent to separate the oil from the corn fiber, leaving a solid residue that may be prepared, for instance by aggolmerating, and sold as a food additive or an animal feed.

  6. Corn Drying with Zeolite in The Fluidized Bed Dryer under Medium Temperature

    Directory of Open Access Journals (Sweden)

    Mohamad Djaeni

    2013-08-01

    Full Text Available Drying is an important step to find high quality of corn. Based on Standard of National Industry, populer as SNI, number 01-3920-1995, the corn was well stored at moisture content 14% or below (wet basis. However, conventional corn drying dealed with in-efficient energy process and corn quality degradation. This research evaluated the performance of corn drying assisted by zeolite as moisture adsorbent. In this process, the zeolite and corn were placed in the dryer fluidized by warm air as drying medium under 40 - 50oC. The air evaporated water product from corn, and at same time the zeolite adsorbed moisture in air. So, the relative humidity of air in dryer can be kept low in which enhanced the driving force for drying. Beside that, the moisture adsoprtion by zeolite was exothermic process that can supply the energy for drying or keep the dryer temperature. Thus, the drying rate can be faster. This work foccussed to observe the effect of drying temperature, air velocity, and corn to zeolite ratio on drying time as well as corn quality. As indicators, the drying rate was estimated and the proxymates content such as protein, fat, and carbohydrate content were analyzed. The results showed that compared with conventional fluidised bed dryer, corn drying with zeolite, can speed up drying time as well as improving the constant of drying rate. In addition, the corn proximate nutrition content can be well retained. At operating temperature 40oC, air velocity 9 m.s-1, and zeolite to corn ratio 1:2, the drying time can be 60 minutes shorter compared to that without zeolite.

  7. Effect of γ-ray irradiation on alcohol production from corn

    International Nuclear Information System (INIS)

    Han, Y.W.; Cho, Y.K.; Ciegler, A.

    1983-01-01

    Cracked corn was irradiated with γ rays at 0-100 Mrad and the effects of the irradiation on sugar yield, susceptibility to enzymatic hydrolysis of starch, yeast growth, and alcohol production were studied. Gamma irradiation at 50 Mrad or greater produced a considerable amount of reducing sugar but little glucose. At lower dosages, γ irradiation significantly increased the susceptibility of corn starch to enzymatic hydrolysis, but dosages of 50 Mrad or greater decomposed the starch molecules as indicated by the reduction in iodine uptake. About 12.5% reducing sugar was produced by amylase treatment of uncooked, irradiated corn. This amount exceeded the level of sugar produced from cooked (gelatinized) corn by the same enzyme treatment. The yeast numbers in submerged cultivation were lower on a corn substrate that was irradiated at 50 Mrad or greater compared to that on an unirradiated control. About the same level of alcohol was produced on uncooked, irradiated (10 5 - 10 6 rad) corn as from cooked (121 degrees C for 30 min) corn. Therefore, the conventional cooking process for gelatinization of starch prior to its saccharification can be eliminated by irradiation. Irradiation also eliminated the necessity of sterilization of the medium and reduced the viscosity of high levels of substrate in the fermentation broth. (Refs. 10)

  8. 21 CFR 358.510 - Corn and callus remover active ingredients.

    Science.gov (United States)

    2010-04-01

    ... 21 Food and Drugs 5 2010-04-01 2010-04-01 false Corn and callus remover active ingredients. 358.510 Section 358.510 Food and Drugs FOOD AND DRUG ADMINISTRATION, DEPARTMENT OF HEALTH AND HUMAN... USE Corn and Callus Remover Drug Products § 358.510 Corn and callus remover active ingredients. The...

  9. Net Capital Flows, Macroeconomic Shocks and Reserve Assets. The Case of Argentina (1994-2013

    Directory of Open Access Journals (Sweden)

    Luis N. Lanteri

    2014-06-01

    Full Text Available International reserves have been used as a source of protection against the vulnerability of the balance of payments, or alternatively, as an attempt to keep a competitive real exchange rate and to promote exports. This paper explores the correlation between the net capital flows and reserves. Similarly, the impact of some macroeconomic shocks on that variable is assessed. Estimates are carried out through both, the VEC (Vector Error Correction models and quarterly data of the Argentine economy for the period 1994-2013. Results show a negative correlation between international reserves and net capital flows (reserve accumulation through current account surpluses. At the same time, the expansionary fiscal policies and the continuing and widespread price increases would adversely affect the reserves.

  10. ACCOUNTING ASPECTS OF PRICING AND TRANSFER PRICING

    Directory of Open Access Journals (Sweden)

    TÜNDE VERES

    2011-01-01

    Full Text Available The pricing methods in practice need really complex view of the business situation and depend on the strategy and market position of a company. The structure of a price seems simple: cost plus margin. Both categories are special area in the management accounting. Information about the product costs, the allocation methodologies in cost accounting, the analyzing of revenue and different level of the margin needs information from accounting system. This paper analyzes the pricing methods from management accounting aspects to show out the role of the accounting system in the short term and long term pricing and transfer pricing decisions.

  11. Increasing harvest maturity of whole-plant corn silage reduces methane

    NARCIS (Netherlands)

    Hatew, B.; Bannink, A.; Laar, van H.; Jonge, de L.H.; Dijkstra, J.

    2016-01-01

    The objective of this study was to investigate the effects of increasing maturity of whole-plant corn at harvest on CH4 emissions by dairy cows consuming corn silage (CS) based diets. Whole-plant corn was harvested at a very early [25% dry matter (DM); CS25], early (28% DM; CS28), medium (32% DM;

  12. Optimizing Existing Multistory Building Designs towards Net-Zero Energy

    Directory of Open Access Journals (Sweden)

    Mohammad Y. AbuGrain

    2017-03-01

    Full Text Available Recent global developments in awareness and concerns about environmental problems have led to reconsidering built environment approaches and construction techniques. One of the alternatives is the principle of low/zero-energy buildings. This study investigates the potentials of energy savings in an existing multi-story building in the Mediterranean region in order to achieve net-zero energy as a solution to increasing fossil fuel prices. The Colored building at the Faculty of Architecture, Eastern Mediterranean University, Cyprus was chosen as a target of this study to be investigated and analyzed in order to know how energy efficiency strategies could be applied to the building to reduce annual energy consumption. Since this research objective is to develop a strategy to achieve net-zero energy in existing buildings, case study and problem solving methodologies were applied in this research in order to evaluate the building design in a qualitative manner through observations, in addition to a quantitative method through an energy modeling simulation to achieve desirable results which address the problems. After optimizing the building energy performance, an alternative energy simulation was made of the building in order to make an energy comparison analysis, which leads to reliable conclusions. These methodologies and the strategies used in this research can be applied to similar buildings in order to achieve net-zero energy goals.

  13. 7 CFR 319.24-4 - Notice of arrival of corn by permittee.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 5 2010-01-01 2010-01-01 false Notice of arrival of corn by permittee. 319.24-4... HEALTH INSPECTION SERVICE, DEPARTMENT OF AGRICULTURE FOREIGN QUARANTINE NOTICES Corn Diseases Regulations Governing Entry of Indian Corn Or Maize § 319.24-4 Notice of arrival of corn by permittee. Immediately upon...

  14. The impact of the new investments in combined cycle gas turbine power plants on the Italian electricity price

    International Nuclear Information System (INIS)

    Fontini, Fulvio; Paloscia, Lorenzo

    2007-01-01

    The paper measures the variation of the electricity price in Italy within the next 10 years due to the recent investment flow in combined cycle gas turbine (CCGT) power plants. It starts by investigating the possibility of decoupling gas and oil prices on the basis of hypotheses about the amount of existing resources and plausible technical substitutability assumptions of the latter with the former. In particular, it is supposed that, in the Italian market, natural gas will play a crucial role which oil has had in power generation. The price of electricity stemming from natural gas is then calculated taking into account the role of the power mix restructuring that derives from the CCGT power plants investments. Under reasonable assumptions, it is shown that a net reduction of at least 17% on the electric price is likely to be expected. (author)

  15. Oil price volatility and the asymmetric response of gasoline prices to oil price increases and decreases

    International Nuclear Information System (INIS)

    Radchenko, S.

    2005-01-01

    This paper analyzes the effect of volatility in oil prices on the degree of asymmetry in the response of gasoline prices to oil price increases and decreases. Several time series measures of the asymmetry between the responses of gasoline prices to oil price increases and decreases and several measures of the oil price volatility are constructed. In all models, the degree of asymmetry in gasoline prices declines with an increase in oil price volatility. The results support the oligopolistic coordination theory as a likely explanation of the observed asymmetry and are not consistent with the standard search theory and the search theory with Bayesian updating. (author)

  16. Corn Clubs: Building the Foundation for Agricultural and Extension Education

    Science.gov (United States)

    Uricchio, Cassandra; Moore, Gary; Coley, Michael

    2013-01-01

    Corn clubs played an important role in improving agriculture at the turn of the 20th century. Corn clubs were local organizations consisting of boys who cultivated corn on one acre of land under the supervision of a local club leader. The purpose of this historical research study was to document the organization, operation, and outcomes of corn…

  17. The turning black tide : energy prices and the Canadian dollar

    Energy Technology Data Exchange (ETDEWEB)

    Issa, R.; Lafrance, R.; Murray, J. [Bank of Canada, Ottawa, ON (Canada)

    2008-08-15

    This paper examined the relationship between energy prices and the Canadian-United States dollar real exchange rate. The researchers evaluated the standard Amano-van Norden (AvN) equation formulated to demonstrate that higher real energy prices lead to a depreciation of the Canadian dollar. Major developments in the Canadian energy market were discussed, as well as policy initiatives designed to address Canada's trade balance by increasing energy exports. The study examined the AvN equation using Monte Carlo experiments to determine the parameter stability of the equation. Results indicated that the co-integrating relationship in the standard AvN equation were no longer supported. Structural break tests were used to demonstrate that major changes in Canada's energy policies and cross-border trade and investment strategies have led to an increase in the Canadian dollar's value when energy prices are high. The study presented a new equation designed to account for Canadian dollar's appreciation since 2003. It was concluded that net energy exports in the 1990s outweighed the negatives associated with Canada's energy-intensive production processes. 39 refs., 6 tabs., 10 figs.

  18. 19 CFR 10.57 - Certified seed potatoes, and seed corn or maize.

    Science.gov (United States)

    2010-04-01

    ... 19 Customs Duties 1 2010-04-01 2010-04-01 false Certified seed potatoes, and seed corn or maize... Provisions Potatoes, Corn, Or Maize § 10.57 Certified seed potatoes, and seed corn or maize. Claim for classification as seed potatoes under subheading 0701.10.00, as seed corn (maize) under subheading 1005.10...

  19. IS THE PRICE RIGHT? PRICING FOR LONG TERM PROFITABILITY

    Directory of Open Access Journals (Sweden)

    Andrea Erika NYÁRÁDI

    2007-01-01

    Full Text Available The way how we choose our pricing strategy has a significant impact on company’s success. Nowadays companies more and more adopt a new way of thinking in pricing, namely pricing for a long term period in order to bring higher profitability, to build an efficient pricing strategy. Marketers have only recently begun to focus seriously on effective pricing. These companies are the so called progressive companies. They have begun doing more than just worrying about pricing. To increase profitability many are abandoning traditional reactive pricing procedures in favor of proactive pricing, making explicit corporate decisions to change their focus to growth in top-line sales to growth in profitability. The long-term implications of price strategies are still under-researched, and managers should be aware of shifts in customer reactions that may result from frequent adoption of certain strategies. The company pricing strategy should be seen in relation to developments in the company variables, internal ones (capital strength, competencies, organizational conditions, efficiency of the work force etc. as well as external ones (customers, competitors, the technological development etc., adopting strategic pricing. In this paper I will present the most effective pricing strategies leading to long term profitability, and also suggest practical conditions for pricing strategies to maximize profit in the long run.

  20. Patients' views on price shopping and price transparency.

    Science.gov (United States)

    Semigran, Hannah L; Gourevitch, Rebecca; Sinaiko, Anna D; Cowling, David; Mehrotra, Ateev

    2017-06-01

    Driven by the growth of high deductibles and price transparency initiatives, patients are being encouraged to search for prices before seeking care, yet few do so. To understand why this is the case, we interviewed individuals who were offered access to a widely used price transparency website through their employer. Qualitative interviews. We interviewed individuals enrolled in a preferred provider organization product through their health plan about their experience using the price transparency tool (if they had done so), their past medical experiences, and their opinions on shopping for care. All interviews were transcribed and manually coded using a thematic coding guide. In general, respondents expressed frustration with healthcare costs and had a positive opinion of the idea of price shopping in theory, but 2 sets of barriers limited their ability to do so in reality. The first was the salience of searching for price information. For example, respondents recognized that due to their health plan benefits design, they would not save money by switching to a lower-cost provider. Second, other factors were more important than price for respondents when choosing a provider, including quality and loyalty to current providers. We found a disconnect between respondents' enthusiasm for price shopping and their reported use of a price transparency tool to shop for care. However, many did find the tool useful for other purposes, including checking their claims history. Addressing the barriers to price shopping identified by respondents can help inform ongoing and future price transparency initiatives.

  1. Net-baryon-, net-proton-, and net-charge kurtosis in heavy-ion collisions within a relativistic transport approach

    International Nuclear Information System (INIS)

    Nahrgang, Marlene; Schuster, Tim; Stock, Reinhard; Mitrovski, Michael; Bleicher, Marcus

    2012-01-01

    We explore the potential of net-baryon, net-proton and net-charge kurtosis measurements to investigate the properties of hot and dense matter created in relativistic heavy-ion collisions. Contrary to calculations in a grand-canonical ensemble we explicitly take into account exact electric and baryon charge conservation on an event-by-event basis. This drastically limits the width of baryon fluctuations. A simple model to account for this is to assume a grand-canonical distribution with a sharp cut-off at the tails. We present baseline predictions of the energy dependence of the net-baryon, net-proton and net-charge kurtosis for central (b≤2.75 fm) Pb+Pb/Au+Au collisions from E lab =2A GeV to √(s NN )=200 GeV from the UrQMD model. While the net-charge kurtosis is compatible with values around zero, the net-baryon number decreases to large negative values with decreasing beam energy. The net-proton kurtosis becomes only slightly negative for low √(s NN ). (orig.)

  2. Winter cover crop effect on corn seedling pathogens

    Science.gov (United States)

    Cover crops are an excellent management tool to improve the sustainability of agriculture. Winter rye cover crops have been used successfully in Iowa corn-soybean rotations. Unfortunately, winter rye cover crops occasionally reduce yields of the following corn crop. We hypothesize that one potential...

  3. Simulation of corn yields and parameters uncertainties analysis in Hebei and Sichuang, China

    Science.gov (United States)

    Fu, A.; Xue, Y.; Hartman, M. D.; Chandran, A.; Qiu, B.; Liu, Y.

    2016-12-01

    Corn is one of most important agricultural production in China. Research on the impacts of climate change and human activities on corn yields is important in understanding and mitigating the negative effects of environmental factors on corn yields and maintaining the stable corn production. Using climatic data, including daily temperature, precipitation, and solar radiation from 1948 to 2010, soil properties, observed corn yields, and farmland management information, corn yields in Sichuang and Hebei Provinces of China in the past 63 years were simulated using the Daycent model, and the results was evaluated using Root mean square errors, bias, simulation efficiency, and standard deviation. The primary climatic factors influencing corn yields were examined, the uncertainties of climatic factors was analyzed, and the uncertainties of human activity parameters were also studied by changing fertilization levels and cultivated ways. The results showed that: (1) Daycent model is capable to simulate corn yields in Sichuang and Hebei provinces of China. Observed and simulated corn yields have the similar increasing trend with time. (2) The minimum daily temperature is the primary factor influencing corn yields in Sichuang. In Hebei Province, daily temperature, precipitation and wind speed significantly affect corn yields.(3) When the global warming trend of original data was removed, simulated corn yields were lower than before, decreased by about 687 kg/hm2 from 1992 to 2010; When the fertilization levels, cultivated ways were increased and decreased by 50% and 75%, respectively in the Schedule file in Daycent model, the simulated corn yields increased by 1206 kg/hm2 and 776 kg/hm2, respectively, with the enhancement of fertilization level and the improvement of cultivated way. This study provides a scientific base for selecting a suitable fertilization level and cultivated way in corn fields in China.

  4. Subchronic toxicity study of corn silk with rats.

    Science.gov (United States)

    Wang, Cuina; Zhang, Tiehua; Liu, Jun; Lu, Shuang; Zhang, Cheng; Wang, Erlei; Wang, Zuozhao; Zhang, Yan; Liu, Jingbo

    2011-09-01

    Corn silk is a traditional herbal medicine in China, which has been used in many parts of the world for the treatment of edema as well as for cystitis, gout, kidney stones, nephritis, prostatitis and similar ailments. However, there is little scientific evidence about its safety. As a part of its safety assessment, a subchronic toxicity was performed in this paper. The subchronic toxicity was investigated in male and female Wistar rats by dietary administration at concentrations of 0.5%, 2.0% and 8.0% (w/w) for 90 days. Overall health, body weight, food consumption, hematology, blood chemistry, organ weights, gross and microscopic appearance of tissues were compared between test and control groups. A number of significant differences were seen between groups, but none of them was considered to be adverse. Based on the present study, the no-observed-adverse-effect level (NOAEL) of corn silk is at least 8.0% which corresponds to a mean daily corn silk intake of approximately 9.354 and 10.308 g/day/kg body weight for males and females, respectively. The results obtained in the present study suggest that consumption of corn silk has no adverse effects and support the safety of corn silk for humans. Copyright © 2011 Elsevier Ireland Ltd. All rights reserved.

  5. A comparison of discounted cashflow and modern asset pricing methods - project selection and policy implications

    International Nuclear Information System (INIS)

    Emhjellen, Magne; Alaouze, Chris M.

    2003-01-01

    We examine the differences in the net present values (NPVs) of North Sea oil projects obtained using the weighted average cost of capital and a modern asset pricing (MAP) method which involves the separate discounting of project cashflow components. NPV differences of more than $10 million were found for some oil projects. Thus, the choice of valuation method will affect the development decisions of oil companies and could influence tax policy. The results of the MAP method are very sensitive to the choice of parameter values for the stochastic process used to model oil prices. Further research is recommended before the MAP method is used as the sole valuation model

  6. Analyzing the effects of past prices on reference price formation

    OpenAIRE

    van Oest, R.D.; Paap, R.

    2004-01-01

    textabstractWe propose a new reference price framework for brand choice. In this framework, we employ a Markov-switching process with an absorbing state to model unobserved price recall of households. Reference prices result from the prices households are able to remember. Our model can be used to learn how many prices observed in the past are used for reference price formation. Furthermore, we learn to what extent households have sufficient price knowledge to form an internal reference price...

  7. Forecasting Day-Ahead Electricity Prices : Utilizing Hourly Prices

    NARCIS (Netherlands)

    E. Raviv (Eran); K.E. Bouwman (Kees); D.J.C. van Dijk (Dick)

    2013-01-01

    textabstractThe daily average price of electricity represents the price of electricity to be delivered over the full next day and serves as a key reference price in the electricity market. It is an aggregate that equals the average of hourly prices for delivery during each of the 24 individual

  8. Effects of dietary coarsely ground corn and 3 bedding floor types on broiler live performance, litter characteristics, gizzard and proventriculus weight, and nutrient digestibility.

    Science.gov (United States)

    Xu, Y; Lin, Y M; Stark, C R; Ferket, P R; Williams, C M; Brake, J

    2017-07-01

    The effects of zero or 50% dietary coarsely ground corn (CC) in pelleted and screened grower and finisher diets on broilers reared on 3 bedding floor types (plastic net [NET], new pine wood shavings litter [NEW], or old pine wood shavings litter [OLD]) on broiler live performance, litter characteristics, gizzard and proventriculus weight, and apparent ileal digestibility (AID) were studied in a 2 × 3 factorial arrangement of treatments. Fine corn was produced with a hammermill (271 μm) and CC with a roller mill (1145 μm). Utilization of CC reduced milling cost by 9.47 cents per MT with similar nutrient content of screened pellets. The 50% CC treatment exhibited improved (P ≤ 0.05) feed intake at 42 d (2.5%) and 49 d (3.0%), and BW (5.4%) and FCR from 28 d (1.4%). Birds on NEW litter exhibited improved (P litter birds exhibited increased (P ≤ 0.05) gizzard weight at 28 d and 49 d and decreased proventriculus weight as compared to NET at 49 days. The 50% CC treatment exhibited decreased (P ≤ 0.05) litter moisture at 35 and 42 d, litter N at 35 and 49 d, and litter pH at 49 days. OLD litter birds exhibited greater (P litter N at 14, 35, and 49 d, as well as litter moisture, pH, and ammonia concentration at 49 days. The 50% CC group also exhibited improved AID of nitrogen (P Broilers fed pelleted and screened diets containing 50% CC exhibited improved live performance and reduced litter moisture while use of NEW litter resulted in a somewhat similar effect, which indicated that consumption of NEW litter also facilitated gastric development and function. © 2017 Poultry Science Association Inc.

  9. Potential economic losses to the US corn industry from aflatoxin contamination.

    Science.gov (United States)

    Mitchell, Nicole J; Bowers, Erin; Hurburgh, Charles; Wu, Felicia

    2016-01-01

    Mycotoxins, toxins produced by fungi that colonise food crops, can pose a heavy economic burden to the US corn industry. In terms of economic burden, aflatoxins are the most problematic mycotoxins in US agriculture. Estimates of their market impacts are important in determining the benefits of implementing mitigation strategies within the US corn industry, and the value of strategies to mitigate mycotoxin problems. Additionally, climate change may cause increases in aflatoxin contamination in corn, greatly affecting the economy of the US Midwest and all sectors in the United States and worldwide that rely upon its corn production. We propose two separate models for estimating the potential market loss to the corn industry from aflatoxin contamination, in the case of potential near-future climate scenarios (based on aflatoxin levels in Midwest corn in warm summers in the last decade). One model uses the probability of acceptance based on operating characteristic (OC) curves for aflatoxin sampling and testing, while the other employs partial equilibrium economic analysis, assuming no Type 1 or Type 2 errors, to estimate losses due to proportions of lots above the US Food and Drug Administration (USFDA) aflatoxin action levels. We estimate that aflatoxin contamination could cause losses to the corn industry ranging from US$52.1 million to US$1.68 billion annually in the United States, if climate change causes more regular aflatoxin contamination in the Corn Belt as was experienced in years such as 2012. The wide range represents the natural variability in aflatoxin contamination from year to year in US corn, with higher losses representative of warmer years.

  10. Potential economic losses to the USA corn industry from aflatoxin contamination

    Science.gov (United States)

    Mitchell, N.J.; Bowers, E.; Hurburgh, C.; Wu, F.

    2016-01-01

    Mycotoxins, toxins produced by fungi that colonize food crops, can pose a heavy economic burden to the United States corn industry. In terms of economic burden, aflatoxins are the most problematic mycotoxins in US agriculture. Estimates of their market impacts are important in determining the benefits of implementing mitigation strategies within the US corn industry, and the value of strategies to mitigate mycotoxin problems. Additionally, climate change may cause increases in aflatoxin contamination in corn, greatly affecting the economy of the US Midwest and all sectors in the US and worldwide that rely upon its corn production. We propose two separate models for estimating the potential market loss to the corn industry from aflatoxin contamination, in the case of potential near-future climate scenarios (based on aflatoxin levels in Midwest corn in warm summers in the last decade). One model uses probability of acceptance based on operating characteristic (OC) curves for aflatoxin sampling and testing, while the other employs partial equilibrium economic analysis, assuming no Type 1 or Type 2 errors, to estimate losses due to proportions of lots above the US Food and Drug Administration (FDA) aflatoxin action levels. We estimate that aflatoxin contamination could cause losses to the corn industry ranging from $52.1 million to $1.68 billion annually in the United States, if climate change causes more regular aflatoxin contamination in the Corn Belt as was experienced in years such as 2012. The wide range represents the natural variability in aflatoxin contamination from year to year in US corn, with higher losses representative of warmer years. PMID:26807606

  11. Chemical constituents and free radical scavenging activity of corn pollen collected from Apis mellifera hives compared to floral corn pollen at Nan, Thailand

    Directory of Open Access Journals (Sweden)

    Chantarudee Atip

    2012-04-01

    Full Text Available Abstract Background Bee pollen is composed of floral pollen mixed with nectar and bee secretion that is collected by foraging honey (Apis sp. and stingless bees. It is rich in nutrients, such as sugars, proteins, lipids, vitamins and flavonoids, and has been ascribed antiproliferative, anti-allergenic, anti-angiogenic and free radical scavenging activities. This research aimed at a preliminary investigation of the chemical constituents and free radical scavenging activity in A. mellifera bee pollen. Methods Bee pollen was directly collected from A. mellifera colonies in Nan province, Thailand, in June, 2010, whilst floral corn (Zea mays L. pollen was collected from the nearby corn fields. The pollen was then sequentially extracted with methanol, dichloromethane (DCM and hexane, and each crude extract was tested for free radical scavenging activity using the DPPH assay, evaluating the percentage scavenging activity and the effective concentration at 50% (EC50. The most active crude fraction from the bee pollen was then further enriched for bioactive components by silica gel 60 quick and adsorption or Sephadex LH-20 size exclusion chromatography. The purity of all fractions in each step was observed by thin layer chromatography and the bioactivity assessed by the DPPH assay. The chemical structures of the most active fractions were analyzed by nuclear magnetic resonance. Results The crude DCM extract of both the bee corn pollen and floral corn pollen provided the highest active free radical scavenging activity of the three solvent extracts, but it was significantly (over 28-fold higher in the bee corn pollen (EC50 = 7.42 ± 0.12 μg/ml, than the floral corn pollen (EC50 = 212 ± 13.6% μg/ml. After fractionation to homogeneity, the phenolic hydroquinone and the flavone 7-O-R-apigenin were found as the minor and major bioactive compounds, respectively. Bee corn pollen contained a reasonably diverse array of nutritional components, including

  12. Intercropping of corn with cowpea and bean: Biomass yield and ...

    African Journals Online (AJOL)

    STORAGESEVER

    2008-11-19

    Nov 19, 2008 ... Hand weeding by hoe was done once when the corn was app. 20 cm in height. Plots were harvested at the doughy stage of corn, cutting mid-rows of plots in order to avoid border effects, by removing at 4-5 cm height on 9 Sept.,. 2004 and 12 Sept., 2005, respectively. Corn was harvested from the middle 5.

  13. Oil prices and the stock prices of alternative energy companies

    International Nuclear Information System (INIS)

    Henriques, Irene; Sadorsky, Perry

    2008-01-01

    Energy security issues coupled with increased concern over the natural environment are driving factors behind oil price movements. While it is widely accepted that rising oil prices are good for the financial performance of alternative energy companies, there has been relatively little statistical work done to measure just how sensitive the financial performance of alternative energy companies are to changes in oil prices. In this paper, a four variable vector autoregression model is developed and estimated in order to investigate the empirical relationship between alternative energy stock prices, technology stock prices, oil prices, and interest rates. Our results show technology stock prices and oil prices each individually Granger cause the stock prices of alternative energy companies. Simulation results show that a shock to technology stock prices has a larger impact on alternative energy stock prices than does a shock to oil prices. These results should be of use to investors, managers and policy makers. (author)

  14. Forecasting Day-Ahead Electricity Prices: Utilizing Hourly Prices

    OpenAIRE

    Raviv, Eran; Bouwman, Kees E.; van Dijk, Dick

    2013-01-01

    This discussion paper led to a publication in 'Energy Economics' , 2015, 50, 227-239. The daily average price of electricity represents the price of electricity to be delivered over the full next day and serves as a key reference price in the electricity market. It is an aggregate that equals the average of hourly prices for delivery during each of the 24 individual hours. This paper demonstrates that the disaggregated hourly prices contain useful predictive information for the daily average ...

  15. Incremental net social benefit associated with using nuclear-fueled power plants

    International Nuclear Information System (INIS)

    Maoz, I.

    1976-12-01

    The incremental net social benefit (INSB) resulting from nuclear-fueled, rather than coal-fired, electric power generation is assessed. The INSB is defined as the difference between the 'incremental social benefit' (ISB)--caused by the cheaper technology of electric power generation, and the 'incremental social cost' (ISC)--associated with an increased power production, which is induced by cheaper technology. Section 2 focuses on the theoretical and empirical problems associated with the assessment of the long-run price elasticity of the demand for electricity, and the theoretical-econometric considerations that lead to the reasonable estimates of price elasticities of demand from those provided by recent empirical studies. Section 3 covers the theoretical and empirical difficulties associated with the construction of the long-run social marginal cost curves (LRSMC) of electricity. Sections 4 and 5 discuss the assessment methodology and provide numerical examples for the calculation of the INSB resulting from nuclear-fueled power generation

  16. The causes and unintended consequences of a paradigm shift in corn production practices

    International Nuclear Information System (INIS)

    Fausti, Scott W.

    2015-01-01

    Highlights: • Biotechnology adoption and the U.S. corn production system are causally linked. • U.S. agriculture and energy policy choices merged to incentivize U.S. corn production. • U.S. biofuel energy policy contributed to the adoption of Bt corn seed technology. • Policy alternatives to modify the corn-based ethanol production system are provided. - Abstract: Independent but simultaneously occurring changes in U.S. agricultural and energy policies in conjunction with advances in biotechnology converged to create an economic and regulatory environment that incentivized corn acreage expansion. Advancements in Bt seed and ethanol production technologies contributed to scale efficiency gains in corn and biofuel production. These advancements were accompanied by changes in market forces that altered the balance between corn and other agricultural crop production. The causal linkages among Bt adoption, ethanol production, and corn production are explored along with a discussion of how this shift toward corn production generated unexpected economic and environmental consequences. Alternative policy solutions to mitigate the negative consequences and enhance the resiliency of U.S. agriculture are discussed

  17. Automated mapping of soybean and corn using phenology

    Science.gov (United States)

    Zhong, Liheng; Hu, Lina; Yu, Le; Gong, Peng; Biging, Gregory S.

    2016-09-01

    For the two of the most important agricultural commodities, soybean and corn, remote sensing plays a substantial role in delivering timely information on the crop area for economic, environmental and policy studies. Traditional long-term mapping of soybean and corn is challenging as a result of the high cost of repeated training data collection, the inconsistency in image process and interpretation, and the difficulty of handling the inter-annual variability of weather and crop progress. In this study, we developed an automated approach to map soybean and corn in the state of Paraná, Brazil for crop years 2010-2015. The core of the approach is a decision tree classifier with rules manually built based on expert interaction for repeated use. The automated approach is advantageous for its capacity of multi-year mapping without the need to re-train or re-calibrate the classifier. Time series MODerate-resolution Imaging Spectroradiometer (MODIS) reflectance product (MCD43A4) were employed to derive vegetation phenology to identify soybean and corn based on crop calendar. To deal with the phenological similarity between soybean and corn, the surface reflectance of the shortwave infrared band scaled to a phenological stage was used to fully separate the two crops. Results suggested that the mapped areas of soybean and corn agreed with official statistics at the municipal level. The resultant map in the crop year 2012 was evaluated using an independent reference data set, and the overall accuracy and Kappa coefficient were 87.2% and 0.804 respectively. As a result of mixed pixel effect at the 500 m resolution, classification results were biased depending on topography. In the flat, broad and highly-cropped areas, uncultivated lands were likely to be identified as soybean or corn, causing over-estimation of cropland area. By contrast, scattered crop fields in mountainous regions with dense natural vegetation tend to be overlooked. For future mapping efforts, it has great

  18. Management of Western Corn Rootworm (Diabrotica virgifera virgifera

    Directory of Open Access Journals (Sweden)

    Ivan Sivčev

    2012-01-01

    Full Text Available Western corn rootworm (WCR was registered for the first time in Europe near the Surčininternational airport in Serbia in 1992. The spread of WCR on the territory of Serbia and itspopulation density increased fast. The Serbian territory was entirely populated in the followingfew years, while major damages occurred on corn grown for two or more years inthe same field. Data on damages caused to over 140,000 ha under corn until 1999 were collectedby organized monitoring. After 2000 and 2003, population abundance of D.v. virgifera,as well as the number of damaged corn fields, significantly decreased due to droughtand application of crop rotation. Corn rootworm has one generation per year. It overwintersin the egg stage. Under the climatic conditions of Serbia larvae hatching starts aroundMay 15th. The highest number of larvae on root is observed around June 20th when feedingis most intensive and plants become lodged as they lose roots. First adults emerge bythe end of June. Their abundance increases during July and reaches maximum by the endof the month. From the second decade of August the abundance decreases. Adults arepresent in the field until the first frosts. Larvae are much more harmful and significant thanadults. Larvae feed on roots or into roots by boring. Roots can be entirely destroyed underheavy attack and the host plants lodged already at the end of June. Under our climatic andagrotechnical conditions, adults are sporadic pests. Adults are a threat only when sowing isdone after the optimal sowing date or in case of stubble corn sowing.Crop rotation is an efficient and most widespread means of WCR control. No damageon corn grown in crop rotation has been registered in Serbia for now. In the first year of productioncorn does not require protection from Diabrotica virgifera virgifera LeConte larvae.Several insecticides have performed high efficacy by application at sowing and havebeen registered for commercial use. On the other hand, soil

  19. Thermal Decomposition Properties of Materials from Different Parts of Corn Stalk

    Directory of Open Access Journals (Sweden)

    Siwei Huang

    2015-02-01

    Full Text Available To help better utilize corn stalk (CS, pyrolysis behavior of materials from different parts of the CS including corn stalk without pith, corn root, and corn leaf were analyzed using thermogravimetric analysis (TGA at heating rates of 5, 10, 20, and 25 °C/min. The apparent activation energies determined by the Friedman method for corn stalk without pith, corn root, and corn leaf were in the range of 26.4 to 103.6 kJ/mol, 37.6 to 69.5 kJ/mol, and 35.0 to 103.9 kJ/mol, respectively, depending on the conversion. The main thermal decomposition occurred within a temperature range of 200 to 350 °C (±10 °C. Most of the volatile materials decomposed at less than a 0.8 conversion rate. At greater than a 0.8 conversion rate, the remaining material was mainly char, and the decomposition of char proceeded at higher conversion rates. Different pyrolysis characteristics in the CS indicated that different treatments should be chosen according to different parts for achieving the optimum conversion rate in practical applications.

  20. Case study on the productivity of corn and soybean crops in light of climate variability; Etude de cas sur la productivite des cultures de mais et de soya face a la variabilite climatique

    Energy Technology Data Exchange (ETDEWEB)

    Pattey, E. [Agriculture Canada, Ottawa, ON (Canada); Strachan, I. [McGill Univ., Montreal, PQ (Canada)

    2003-07-01

    Seasonal climate variations have a significant impact on crop growth and productivity. Climate variability is expected to increase with global warming due to the greenhouse effect. A study was conducted to determine how crops adapt to contrasting seasonal conditions. A 30-hectare field located in the Ottawa green belt was used to find a crop adaptation method based on growing seasons interspersed with dry spells. Type C4 corn-grains and type C3 soybeans were tested. In 1998, the corn field was divided into two sections. The first section received the recommended nitrogen dosage, while the second section only received 63 per cent of the nitrogen dosage. Soybeans were grown in the same field in 1999 without modification to the nitrogen. Net carbon dioxide and water vapour flows were measured every half-hour using the turbulent covariance method. The study also involved monitoring of the hydric state, temperature, soil breathing, and meteorological conditions. The following five conclusions were made: (1) soybeans are very sensitive to dryness and have a water efficiency lower than that of corn, (2) biomass accumulation for soybeans is less than half that noted for corn, (3) the corn which had received the recommended nitrogen dosage proved to be more sensitive to dryness than the corn which had received a lower dosage, (4) the recommended nitrogen dosage did not lead to a higher yield because of a water deficit in July and August 1998, and (5) recommended nitrogen dosage should take the climate into account. 5 refs., 7 figs.

  1. Higher Education Prices and Price Indexes. 1976 Supplement.

    Science.gov (United States)

    Halstead, Kent D.

    The 1976 supplement presents higher education price index data for fiscal years 1971 through 1976. The basic study, "Higher Education Prices and Price Indexes" (ED 123 996) presents complete descriptions of the indexes together with index values and price data for fiscal years 1961 through 1974. Indexes are presented for research and development,…

  2. Another look on the relationships between oil prices and energy prices

    International Nuclear Information System (INIS)

    Lahiani, Amine; Miloudi, Anthony; Benkraiem, Ramzi; Shahbaz, Muhammad

    2017-01-01

    This paper employs the Quantile Autoregressive Distributed Lags (QARDL) model developed recently by Cho et al. (2015) to investigate the pass-through of oil prices to a set of energy prices. This approach allows analyzing simultaneously short-term connections and long-run cointegrating relationships across a range of quantiles. It also provides insights on the short-run predictive power of oil prices in predicting energy prices while accounting for the cointegration between oil prices and each of the considered energy prices in low, medium and high quantiles. Two key findings emerge from this paper. First, all considered energy prices are shown to be cointegrated with oil price across quantiles meaning that a stationaryequilibriumrelationship exists between single energy price and oil price. Second, we find evidence that oil price is a significant predictor of individual petroleum products prices and natural gas in the short run. This paper has important policy implications for forecasters, energy policy-makers and portfolio managers. - Highlights: • The pass-through of oil prices to a set of energy prices is investigated for US economy. • All considered energy prices are shown to be cointegrated with oil price across quantiles. • Oil price is a significant predictor of individual petroleum products prices in the short run. • Oil price also predicts natural gas prices in the short run.

  3. A Nodal Pricing Analysis of the Future German Electricity Market

    International Nuclear Information System (INIS)

    Ozdemir, O.; Hers, J.S.; Bartholomew Fisher, E.; Brunekreeft, G.; Hobbs, B.F.

    2009-05-01

    The electricity market in Germany is likely to undergo several significant structural changes over the years to come. Here one may think of Germany's ambitious renewable agenda, the disputed decommissioning of nuclear facilities, but also unbundling of TSO's as enforced by European regulation. This study is a scenario-based analysis of the impact of different realizations of known investment plans for transmission and generation capacity on the future German power market while accounting for internal congestion. For this analysis the static equilibrium model of the European electricity market COMPETES is deployed, including a 10-node representation of the German highvoltage grid. Results for the multi-node analysis indicate that price divergence and congestion are likely to arise in the German market as renewable additions affecting mainly the North of Germany, the debated decommissioning of nuclear facilities in the South, and the expected decommissioning of coal-fired facilities in Western Germany appear to render current investment plans for transmission capacity insufficient. The current system of singlezone pricing for the German market may therewith be compromised. However, transmission additions would not benefit all market parties, with producers in exporting regions and consumers in importing regions being the main beneficiaries. Vertical unbundling of German power companies could increase the incentive for constructing transmission lines if generation capacity would cause Germany to be a net-importing country. In case Germany remains a net-exporting country, the effects of vertical unbundling on cross-border capacity are less clear cut.

  4. 75 FR 27772 - Corning Natural Gas Corporation; Notice of Compliance Filing

    Science.gov (United States)

    2010-05-18

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR09-30-002] Corning Natural Gas Corporation; Notice of Compliance Filing May 11, 2010. Take notice that on May 3, 2010, Corning Natural Gas Corporation, (Corning) filed its Statement of section 311 Operating Conditions in compliance...

  5. Aerial spray deposition on corn silks applied at high and low spray rates

    Science.gov (United States)

    Corn earworm is a major pest of sweet corn, especially when grown organically. Aerial application of insecticides is important for both conventionally- and organically-grown sweet corn production as sweet corn is frequently irrigated to assure return on investment given the high production costs. ...

  6. Multi-state trials of Bt sweet corn varieties for control of the corn earworm (Lepidoptera: Noctuidae).

    Science.gov (United States)

    Shelton, A M; Olmstead, D L; Burkness, E C; Hutchison, W D; Dively, G; Welty, C; Sparks, A N

    2013-10-01

    Field tests in 2010-2011 were performed in New York, Minnesota, Maryland, Ohio, and Georgia to compare Bt sweet corn lines expressing Cry1A.105 + Cry2Ab2 and Cry1Ab with their non-Bt isolines, with and without the use of foliar insecticides. The primary insect pest in all locations during the trial years was Heliocoverpa zea (Boddie), which is becoming the most serious insect pest of sweet corn in the United States. At harvest, the ears were measured for marketability according to fresh market and processing standards. For fresh market and processing, least squares regression showed significant effects of protein expression, state, and insecticide frequency. There was a significant effect of year for fresh market but not for processing. The model also showed significant effects of H. zea per ear by protein expression. Sweet corn containing two genes (Cry1A.105 + Cry2Ab2) and a single gene (Cry1Ab) provided high marketability, and both Bt varieties significantly outperformed the traditional non-Bt isolines in nearly all cases regardless of insecticide application frequency. For pest suppression of H. zea, plants expressing Bt proteins consistently performed better than non-Bt isoline plants, even those sprayed at conventional insecticide frequencies. Where comparisons in the same state were made between Cry1A.105 + Cry2Ab2 and Cry1Ab plants for fresh market, the product expressing Cry1A.105 + Cry2Ab2 provided better protection and resulted in less variability in control. Overall, these results indicate Cry1A.105 + Cry2Ab2 and Cry1Ab plants are suitable for fresh market and processing corn production across a diversity of growing regions and years. Our results demonstrate that Bt sweet corn has the potential to significantly reduce the use of conventional insecticides against lepidopteran pests and, in turn, reduce occupational and environmental risks that arise from intensive insecticide use.

  7. Lower electricity prices and greenhouse gas emissions due to rooftop solar: empirical results for Massachusetts

    International Nuclear Information System (INIS)

    Kaufmann, Robert K.; Vaid, Devina

    2016-01-01

    Monthly and hourly correlations among photovoltaic (PV) capacity utilization, electricity prices, electricity consumption, and the thermal efficiency of power plants in Massachusetts reduce electricity prices and carbon emissions beyond average calculations. PV utilization rates are highest when the thermal efficiencies of natural gas fired power plants are lowest, which reduces emissions of CO 2 and CH 4 by 0.3% relative to the annual average emission rate. There is a positive correlation between PV utilization rates and electricity prices, which raises the implied price of PV electricity by up to 10% relative to the annual average price, such that the average MWh reduces electricity prices by $0.26–$1.86 per MWh. These price reductions save Massachusetts rate-payers $184 million between 2010 and 2012. The current and net present values of these savings are greater than the cost of solar renewable energy credits which is the policy instrument that is used to accelerate the installation of PV capacity. Together, these results suggest that rooftop PV is an economically viable source of power in Massachusetts even though it has not reached socket parity. - Highlights: •Implied price of PV up to 10% greater than the annual average price. •PV saves Massachusetts rate-payers $184 million in 2010–2012. •Annual savings are greater than the cost of solar renewable energy credits. •Savings rise longer lifetime of PV systems and pay period for SREC's shortened. •PV reduces emissions of CO 2 and CH 4 by 0.3% relative to the annual average.

  8. Bioaugmentation for Electricity Generation from Corn Stover Biomass Using Microbial Fuel Cells

    KAUST Repository

    Wang, Xin

    2009-08-01

    Corn stover is usually treated by an energy-intensive or expensive process to extract sugars for bioenergy production. However, it is possible to directly generate electricity from corn stover in microbial fuel cells (MFCs) through the addition of microbial consortia specifically acclimated for biomass breakdown. A mixed culture that was developed to have a high saccharification rate with corn stover was added to singlechamber, air-cathode MFCs acclimated for power production using glucose. The MFC produced a maximum power of 331 mW/ m 2 with the bioaugmented mixed culture and corn stover, compared to 510 mW/m2 using glucose. Denaturing gradient gel electrophoresis (DGGE) showed the communities continued to evolve on both the anode and corn stover biomass over 60 days, with several bacteria identified including Rhodopseudomonas palustris. The use of residual solids from the steam exploded corn stover produced 8% more power (406 mW/m2) than the raw corn stover. These results show that it is possible to directly generate electricity from waste corn stover in MFCs through bioaugmentation using naturally occurring bacteria. © 2009 American Chemical Society.

  9. Quantitative analysis of allantoin in Iranian corn silk

    Directory of Open Access Journals (Sweden)

    E. Khanpour*

    2017-11-01

    Full Text Available Background and objectives: Zea mays is cultivated in different parts of Iran and corn silk is used in traditional medicine. Allantoin is one of the major compounds in corn silk. The purpose of this research was the quantitatve analysis of allantoin in corn silks belonging to several regions of Iran. Methods: The samples of corn silk were prepared from three provinces of Iran (Kermanshah, Fars and Razavi Khorasan. The dried plant materials were infused in boiling distilled water with a temperature of 90-95 °C on magnetic stirrer for 30 min. The levels of allantoin in aqueous extracts were determined by HPLC. Quantification was achieved using an C18 column (250×4.6 mm, 5 µm under isocratic conditions and phosphate buffer solution (pH 3.0 as the mobile phase at a flow rate of 0.5 mL/min. Column effluent was monitored at 210 nm. The calibration curve of allantoin standard was plotted with concentrations from 6.25 to 100 µg/mL. Results: The calibration curve of standard was linear over the concentration range used (R2=0.9999. The results showed that the amount of allantoin in samples was between 205 and 374 mg/100g of dry plant material. The corn silk samples of Razavi Khorasan and Fars provinces showed the lowest and highest amount of allantoin, respectively. Conclusion: The levels of allantoin obtained in this study were higher than the values reported in other studies; therefore, the researchers of this project are investigating the wound healing effect of corn silk.

  10. Crude oil–corn–ethanol – nexus: A contextual approach

    International Nuclear Information System (INIS)

    Natanelov, Valeri; McKenzie, Andrew M.; Van Huylenbroeck, Guido

    2013-01-01

    This paper offers a holistic study on the complex relationships between crude oil, corn and ethanol during a turbulent period between 2006 and end of 2011. Through a holistic mapping of the current market situation and a contextual analytical design we show that there exists a strong relationship between crude oil and corn markets on one side, and crude oil and ethanol on the other. However, the price relationship between corn and ethanol was revealed to be less straightforward, and is driven by the US government fuel policy. Furthermore the study indicates that corn markets have became more prone to volatility due to ethanol production, especially when the demand for corn is high and/or the crude oil prices are high enough to create a competitive market for ethanol. - Highlights: • Strong relationship between crude oil–corn and crude oil–ethanol. • Corn–ethanol connected through a by-pass of crude oil markets. • Ethanol market has no direct impact on the price levels of corn. • Corn markets became more prone to volatility due to ethanol production

  11. Modeling evolution of resistance of sugarcane borer (Lepidoptera: Crambidae) to transgenic Bt corn.

    Science.gov (United States)

    Kang, J; Huang, F; Onstad, D W

    2014-08-01

    Diatraea saccharalis (F.) (Lepidoptera: Crambidae) is a target pest of transgenic corn expressing Bacillus thuringiensis (Bt) protein, and the first evidence of resistance by D. saccharalis to Cry1Ab corn was detected in a field population in northeast Louisiana in 2004. We used a model of population dynamics and genetics of D. saccharalis to 1) study the effect of interfield dispersal, the first date that larvae enter diapause for overwintering, toxin mortality, the proportion of non-Bt corn in the corn patch, and the area of a crop patch on Bt resistance evolution; and 2) to identify gaps in empirical knowledge for managing D. saccharalis resistance to Bt corn. Increasing, the proportion of corn refuge did not always improve the durability of Bt corn if the landscape also contained sugarcane, sorghum, or rice. In the landscape, which consisted of 90% corn area, 5% sorghum area, and 5% rice area, the durability of single-protein Bt corn was 40 yr when the proportion of corn refuge was 0.2 but 16 yr when the proportion of corn refuge was 0.5. The Bt resistance evolution was sensitive to a change (from Julian date 260 to 272) in the first date larvae enter diapause for overwintering and moth movement. In the landscapes with Bt corn, non-Bt corn, sugarcane, sorghum, and rice, the evolution of Bt resistance accelerated when larvae entered diapause for overwintering early. Intermediate rates of moth movement delayed evolution of resistance more than either extremely low or high rates. This study suggested that heterogeneity in the agrolandscapes may complicate the strategy for managing Bt resistance in D. saccharalis, and designing a Bt resistance management strategy for D. saccharalis is challenging because of a lack of empirical data about overwintering and moth movement.

  12. Petri Nets

    Indian Academy of Sciences (India)

    In a computer system, for example, typical discrete events ... This project brought out a series of influential reports on Petri net theory in the mid and late ... Technology became a leading centre for Petri net research and from then on, Petri nets ...

  13. In growing pigs, the true ileal and total tract digestibility of acid hydrolyzed ether extract in extracted corn oil is greater than in intact sources of corn oil or soybean oil.

    Science.gov (United States)

    Kim, B G; Kil, D Y; Stein, H H

    2013-02-01

    An experiment was conducted to determine the true ileal digestibility (TID) and the true total tract digestibility (TTTD) of acid-hydrolyzed ether extract (AEE) in extracted corn oil, high-oil corn, distillers dried grains with solubles (DDGS), corn germ, and high protein distillers dried grains (HP DDG) and to compare these values to the TID and TTTD of AEE in full-fat soybeans. Nineteen barrows with an initial BW of 52.2 kg (SD = 3.8) were fitted with a T-cannula in the distal ileum and allotted to a 19 × 11 Youden square design with 19 diets and 11 periods. A basal diet based on cornstarch, casein, sucrose, and corn bran was formulated. Eighteen additional diets were formulated by adding 3 levels of extracted corn oil, high-oil corn, DDGS, corn germ, HP DDG, or full-fat soybeans to the basal diet. The apparent ileal and the apparent total tract digestibility of AEE were calculated for each diet. The endogenous flow of AEE associated with each ingredient and values for TID and TTTD were calculated using the regression procedure. Results indicated that digested AEE in ileal digesta and feces linearly increased as AEE intake increased regardless of ingredient (P 0.77). However, the ileal and fecal endogenous losses of AEE were different (P oil, HP DDG, and full-fat soybeans. The TID of AEE was greater (P oil (95.4%) than for all other ingredients. The TID of AEE in HP DDG (76.5%) was not different from the TID of AEE in full-fat soybeans (85.2%) but greater (P oil corn, DDGS, and corn germ (53.0, 62.1, and 50.1%, respectively). The TTTD of AEE was greater (P oil (94.3%) than for all other ingredients, and the TTTD in full-fat soybeans (79.7%) was greater (P oil corn, DDGS, corn germ, and HP DDG (41.4, 51.9, 43.9, and 70.2%, respectively). The TTTD of AEE in HP DDG was also greater (P oil corn, DDGS, and corn germ. In conclusion, the intact sources of oil originating from high-oil corn, DDGS, corn germ, or HP DDG are much less digestible than extracted corn oil

  14. Life cycle assessment of the production of hydrogen and transportation fuels from corn stover via fast pyrolysis

    International Nuclear Information System (INIS)

    Zhang Yanan; Brown, Robert C; Hu Guiping

    2013-01-01

    This life cycle assessment evaluates and quantifies the environmental impacts of the production of hydrogen and transportation fuels from the fast pyrolysis and upgrading of corn stover. Input data for this analysis come from Aspen Plus modeling, a GREET (Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation) model database and a US Life Cycle Inventory Database. SimaPro 7.3 software is employed to estimate the environmental impacts. The results indicate that the net fossil energy input is 0.25 MJ and 0.23 MJ per km traveled for a light-duty vehicle fueled by gasoline and diesel fuel, respectively. Bio-oil production requires the largest fossil energy input. The net global warming potential (GWP) is 0.037 kg CO 2 eq and 0.015 kg CO 2 eq per km traveled for a vehicle fueled by gasoline and diesel fuel, respectively. Vehicle operations contribute up to 33% of the total positive GWP, which is the largest greenhouse gas footprint of all the unit processes. The net GWPs in this study are 88% and 94% lower than for petroleum-based gasoline and diesel fuel (2005 baseline), respectively. Biomass transportation has the largest impact on ozone depletion among all of the unit processes. Sensitivity analysis shows that fuel economy, transportation fuel yield, bio-oil yield, and electricity consumption are the key factors that influence greenhouse gas emissions. (letter)

  15. Life cycle assessment of the production of hydrogen and transportation fuels from corn stover via fast pyrolysis

    Science.gov (United States)

    Zhang, Yanan; Hu, Guiping; Brown, Robert C.

    2013-06-01

    This life cycle assessment evaluates and quantifies the environmental impacts of the production of hydrogen and transportation fuels from the fast pyrolysis and upgrading of corn stover. Input data for this analysis come from Aspen Plus modeling, a GREET (Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation) model database and a US Life Cycle Inventory Database. SimaPro 7.3 software is employed to estimate the environmental impacts. The results indicate that the net fossil energy input is 0.25 MJ and 0.23 MJ per km traveled for a light-duty vehicle fueled by gasoline and diesel fuel, respectively. Bio-oil production requires the largest fossil energy input. The net global warming potential (GWP) is 0.037 kg CO2eq and 0.015 kg CO2eq per km traveled for a vehicle fueled by gasoline and diesel fuel, respectively. Vehicle operations contribute up to 33% of the total positive GWP, which is the largest greenhouse gas footprint of all the unit processes. The net GWPs in this study are 88% and 94% lower than for petroleum-based gasoline and diesel fuel (2005 baseline), respectively. Biomass transportation has the largest impact on ozone depletion among all of the unit processes. Sensitivity analysis shows that fuel economy, transportation fuel yield, bio-oil yield, and electricity consumption are the key factors that influence greenhouse gas emissions.

  16. Oil prices and speculative bubbles: empirical evidence from WTI markets; Precos do petroleo e bolhas especulativas: algumas evidencias para o mercado de WTI

    Energy Technology Data Exchange (ETDEWEB)

    Cavalcante, Mileno [Universidade Federal do Ceara (UFC), Fortaleza, CE (Brazil). Curso de Pos-Graduacao em Economia; PETROBRAS S.A., Rio de Janeiro, RJ (Brazil)

    2008-07-01

    The purpose of this work is to gather some evidence about the relationship between crude prices and speculation in oil futures and options markets focusing on WTI markets. In order to shed some light on this link, a brief characterization of what a speculative bubble is and how it works is given. It is also shown that the major reason behind the great inflow of capital into oil derivatives markets is that they became much more attractive to investors than other financial markets (i.e. stocks and bonds) between 2000 and 2007. The reasoning behind the speculative bubble argument is stated and a brief discussion about the strategies commercials and non-commercials adopted in WTI futures and options markets during 1995-2007 period is made. We confront this reasoning with the evidence from the non-commercial net positions and WTI prices from 2003 to 2007 and make some econometric tests for the hypotheses that changes in these positions affect prices and for the presence of a speculative bubble in WTI markets. Our analysis shows no clear linkage between oil prices and non-commercials net positions in the way the 'bubble theory' argues and points to a possible problem of asymmetric information in the oil markets. (author)

  17. Oil prices and speculative bubbles: empirical evidence from WTI markets; Precos do petroleo e bolhas especulativas: algumas evidencias para o mercado de WTI

    Energy Technology Data Exchange (ETDEWEB)

    Cavalcante, Mileno [Universidade Federal do Ceara (UFC), Fortaleza, CE (Brazil). Curso de Pos-Graduacao em Economia; PETROBRAS S.A., Rio de Janeiro, RJ (Brazil)

    2008-07-01

    The purpose of this work is to gather some evidence about the relationship between crude prices and speculation in oil futures and options markets focusing on WTI markets. In order to shed some light on this link, a brief characterization of what a speculative bubble is and how it works is given. It is also shown that the major reason behind the great inflow of capital into oil derivatives markets is that they became much more attractive to investors than other financial markets (i.e. stocks and bonds) between 2000 and 2007. The reasoning behind the speculative bubble argument is stated and a brief discussion about the strategies commercials and non-commercials adopted in WTI futures and options markets during 1995-2007 period is made. We confront this reasoning with the evidence from the non-commercial net positions and WTI prices from 2003 to 2007 and make some econometric tests for the hypotheses that changes in these positions affect prices and for the presence of a speculative bubble in WTI markets. Our analysis shows no clear linkage between oil prices and non-commercials net positions in the way the 'bubble theory' argues and points to a possible problem of asymmetric information in the oil markets. (author)

  18. 75 FR 28602 - Corning Natural Gas Corporation; Notice of Compliance Filing

    Science.gov (United States)

    2010-05-21

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR09-30-003] Corning Natural Gas Corporation; Notice of Compliance Filing May 17, 2010. Take notice that on May 10, 2010, Corning Natural Gas Corporation, (Corning) filed a corrected rate sheet to replace the rate sheet filed with its...

  19. Hydrocolloid occlusion for the treatment of neurovascular corns

    DEFF Research Database (Denmark)

    Petersen, Lars Jelstrup; Beck, Jan Walther; Reumert, L N

    1991-01-01

    The goal of this study was to determine the effect of hydrocolloid occlusion on neurovascular corns. The design was an observer-blinded, randomized, controlled study. Thirty consecutive patients participated in the trial. The patients received curettage alone or curettage with hydrocolloid...... occlusion. Six treatments were given over 12 weeks. A follow-up examination was performed 3 months after termination of the trial. Outcome measures were the size of the corns, a discomfort score, and an overall judgment of the trial. The results demonstrated no benefit of occlusion for symptoms or signs...... of neurovascular corns. The patients treated with occlusion were, however, generally more satisfied than the conventional group....

  20. Identification of corn fields using multidate radar data

    International Nuclear Information System (INIS)

    Shanmugan, K.S.; Ulaby, F.T.; Narayanan, V.; Dobson, C.

    1983-01-01

    Airborne C- and L-band radar data acquired over a test site in western Kansas were analyzed to determine corn-field identification accuracies obtainable using single-channel, multichannel, and multidate radar data. An automated pattern-recognition procedure was used to classify 144 fields into three categories: corn, pasture land, and bare soil (including wheat stubble and fallow). Corn fields were identified with accuracies ranging from 85% for single channel, single-date data to 100% for single-channel, multidate data. The effects of radar parameters such as frequency, polarization, and look angle as well as the effects of soil moisture on the classification accuracy are also presented