- Economic and Policy Update, March 2018
- Will Snell and Phyllis Mattox, Editors. March, 2018. Description
Featured Articles: Summer Stocker Outlook for 2018 (Greg Halich, Kenny Burdine); Grain Profitability Outlook 2018 (Greg Halich); Economics of Baling Wheat Straw (Jordan Shockley); Family Farm Partnerships (Michael Forsythe); Three Year Average Prices & Quantities for Kentucky's Produce Auctions 2015-2017 Update (Alex Butler, Brett Wolff, Time Woods).
- Economic and Policy Update, February 2018
- Will Snell and Phyllis Mattox, Editors. February, 2018. Description
Featured Articles: Beef Herd Continues to Grow (Kenny Burdine); 2018 Revenue Protection Insurance Safety-Net Similar to Last Year (Todd Davis); Bipartisan Budget Act of 2018 Contains Changes for MPP Dairy Program (Kenny Burdine); NAFTA Update and a Primer on Trade Data (Will Snell); "Surviving the Farm Economy Downturn" Papers & Book are Available; KALP is Accepting Nominations for Leadership Class XII.
- 2017 – 2018 Kentucky Agricultural Economic Situation and Outlook
- Contributors: Kenny Burdine, Todd Davis, Jerry Pierce, Will Snell, Tim Woods, (Ag Economics),Jeff Stringer, Bobby Ammerman, Chad. December, 2017. Description
Topics: U.S. Agricultural Economy, Kentucky’s Agricultural Economy, Commodity Spotlights (Beef Cattle, Poultry, Hogs, Equine, Dairy, Corn, Soybeans, Wheat, Tobacco, Fruits, Vegetables and Greenhouse, Forestry). This publication also serves as the December 2017 issue of the Economic and Policy Update.
- Economic and Policy Update, September 2017
- Will Snell, Steve Isaacs, Phyllis Mattox, Editors. December, 2017. Description
Featured Articles: Fall 2017 Wheat Planting Decision (Greg Halich); Farm Land Values Holding (Steve Isaacs); Capital Gaines (Tarrah Hardin); New Kentucky Farm Business Management Specialist, Kayla Brashears; Post-Hurricane Produce Market (Alex Butler, Brett Wolff, Tim Woods).
- Economic and Policy Update, April 2017
- Will Snell and Phyllis Mattox, Editors. April, 2017. Description
Featured Articles: Cull Cow Price Seasonality (Kenny Burdine); Tobacco Outlook for 2017 (Will Snell); 2016 Preliminary KFBM Data (Laura Powers); Starting the Conversation (Jennifer Hunter); Lessons from Farm Market Price Averages (Brett Wolff, Tim Woods, Martin Bechu, Alex Butler).
- Examining Determinants of Awareness and Purchase Frequency of Kentucky Proud Products
- Samane Zare and Timothy Woods
. December, 2014. Description
The Kentucky Proud program is the local products branding program of the Kentucky Department of Agriculture. Instituted over 15 years ago. This program Supported financially through Tobacco Settlement funds and managed by the Kentucky Department of Agriculture.
Its mission is to boost the state’s economy by increasing the value of locally grown fresh and processed products through wide geographic and demographic market penetration.
- Consumer preferences for local production and other value-added label claims for a processed food product
- Wuyang Hu, Marvin T. Batte, Tim Woods, and Stan Ernst. European Review of Agricultural Economics. ; ; October, 2011. Description
Using stated preference data from Kentucky and Ohio, USA, we estimate consumer willingness-to-pay for varieties of a processed food product (blackberry jam) that are differentiated with respect to their local production labeling and a series of other value-added claims. Results show that consumers were willing to pay more for the product indicating locally produced, produced in their state or in a well-identified multi-state region. Consumers were willing to purchase organic products, although there might be some confusion as to the meaning of the organic logo. Our results also supported the notion that consumers are willing to support small family farms.
- Estimating the Economic Viability of a New Crop Alternative for the U.S. Organic Market: Edamame - A Vegetable Soybean
- Shockley, Jordan M.; Dillon, Carl R.; Woods, Timothy A.. Agricultural and Applied Economics Association 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania. Description
Edamame is gaining popularity in the U.S and will surpass all other soy based products by 2020 (Soybean Board, 2010). Mostly imported frozen from Asia and rarely organically certified. Possibility for U.S. organic producers to pursue a high value niche product. Empirical evidence regarding the potential for mass production is lacking. An economic evaluation to determine the profitability and appropriate implementation of producing organic edamame is warranted. If the market price for organic edamame was favorable, it could flourish in Kentucky. Conventional tillage was economically preferred over cover cropping for weed management. Market prices of $0.37/lb. was required to switch to edamame from soybeans under the preferred weed management strategy.
- Business Plans
- Timothy A. Woods and Heath Hoagland. October, 2000. Description
The body of the business plan can be divided into four distinct sections: I. The description of the business; II. The marketing plan; III. The management plan; and IV. The financial management plan.
- A PRIMER for Selecting New Enterprises for Your Farm
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13 Description
This publication is designed to help producers evaluate new enterprises for their farms or family
businesses. It is based on a set of worksheets to help evaluate the Profitability, Resource
requirements, Information needs, Marketing decisions, Enthusiasm for, and the Risk associated with a new enterprise. PRIMER is the acronym for these six factors.
- PRIMER: ENTHUSIASM - Goals and Justification
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet09 Description
Use this worksheet to determine how badly you want to get in and how badly you want to stay in.
- PRIMER: INFORMATION - Sources and Costs
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet04 Description
Use this worksheet to determine information needs, available resources and potential costs of information.
- PRIMER: MARKETING 1 - Rating Market Factors
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet05 Description
Use this worksheet to rate market factors or opportunities.
- PRIMER: MARKETING 2- Market Development
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet06 Description
Use this worksheet to define the current market status of the product, marketing opportunities and value-adding opportunities.
- PRIMER: MARKETING 3 - Additional Product Considerations
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet07 Description
Use this worksheet to define additional product considerations.
- PRIMER: MARKETING 4 - Market Channels
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet08 Description
Use this worksheet to compare alternative marketing channels.
- PRIMER: PROFITABILITY 1 - Enterprise Budgeting
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet01 Description
Use this worksheet to estimate a budget for the proposed enterprise on a per acre, per head, or whole enterprise basis. This generic budget worksheet can be used for crops or livestock.
- PRIMER: PROFITABILITY 2 - Annual and Long Run Cash Flow Budgeting
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet02 Description
Use this worksheet to estimate the amount and timing of cash flowing into and out of the business. One table is for a typical year, the other is for projects whose cash flows will vary each year.
- PRIMER: RESOURCES - Inventory, Activities Map, and Labor Flow
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet03 Description
Use this worksheet to inventory available resources and to estimate resources to be purchased or hired.
- PRIMER: RISK 1 - Production and Financial Risk
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet10 Description
Use this worksheet to anticipate what can go wrong and what can be done about it.
- PRIMER: RISK 2 - Market Risk
- Tim Woods and Steve Isaacs. October, 2000. AEC Extension 2000-13-worksheet11 Description
Use this worksheet to anticipate what can go wrong and what can be done about it
- Marketing Options for Commercial Vegetable Growers
- Brent Rowell, Tim Woods and James Mansfield. July, 1999. CAFE Extension ID-134 Description
State surveys show that many opportunities exist for expansion of fresh vegetable production but they are under-used.
- Single Stem Roses -- An Economic Analysis
- Timothy A. Woods and Robert G. Anderson. May, 1997. AEC Staff 369 Description
The economics of an innovative long stem rose production system are examined as a specialized perpetual production system as well as an enterprise integrated with other typical greenhouse products. Commercial quality cut roses can be grown in a single stem system from cuttings. Economic considerations integrating seasonal market prices, seasonal energy costs, special capital and labor costs etc. were included in the analysis.
