Browsing by Author "McCorkle, Dean"
Now showing 1 - 20 of 34
Results Per Page
Sort Options
Item Agricultural Trade and the U.S. Economy(1999-06-23) McCorkle, Dean; Taylor, Timothy G.; Fairchild, Gary F.; Harris, Harold M.; Rosson, C. Parr; JWAs U.S. government support to agriculture declines, understanding the economic impacts of agricultural trade and how markets and competition are affected will take on added importance for farmers, agribusinesses, policy makers, and agricultural leaders. This publication discusses why there is international trade, the fallacy of lost jobs and the perception of America's lost industrial competitiveness.Item Borrowing in a Risky Environment(2008-10-28) Klinefelter, Danny A.; McCorkle, Dean; JWCredit is a requirement for farming and ranching enterprises. Nowadays, lending institutions are requiring more and better information about enterprises before credit will be extended. This is a guide to the documentation you will need for a loan package.Item Business Plans for Agricultural Producers(2008-10-17) McCorkle, Dean; Bevers, Stan; JWA business plan is a road map for success. It describes a firm's organizational structure, products and services, objectives, financial and marketing plans, strengths and weaknesses. This publication guides business owners in developing plans that can help them make decisions and sell the feasibility of their businesses to bankers and other investors.Item Cash Flow Projection for Operating Loan Determination(2009-02-04) Klinefelter, Danny A.; McCorkle, Dean; JWA cash flow statement is simply a record of the dollars coming in and the dollars going out of a business. This publication briefly discusses cash flow and gives a cash flow projection for operating loan determination.Item Considerations When Using Grain Contracts(2000-04-07) Wisner, Robert; McCorkle, Dean; JWGrain contracts can help farmers manage the increasing risks of production and the price volatility of the market. This publication explains grain contracts and how to use them wisely as a risk management tool.Item Cow-Calf Enterprise Standardized Performance Analysis(2009-03-02) McCorkle, Dean; Bevers, Stan; JWSPA is a tool for determining the production and financial performance of an individual cow-calf enterprise. It allows producers to compare production systems, identify areas that need to be changed and measure progress toward meeting business objectives. This publication details the information requirements of SPA and explains how producers can gather that information.Item Cow-Calf Enterprise Standardized Performance Analysis(AgriLife Extension, Texas A&M University System) Bevers, Stan; McCorkle, DeanCattlemen are challenged to reduce production costs, be more competitive, and increase market share and profits. The first step to lowering the cost of production is to clearly determine the current unit cost of production and make comparisons to alternative production systemsItem Definitions of Marketing Terms(2008-12-05) McCorkle, Dean; Dhuyvetter, Kevin C.; JWThis publication defines many of the marketing terms producers may encounter.Item Developing a Marketing Plan(2009-03-02) Bevers, Stan; Waller, Mark L.; Amosson, Stephen H.; McCorkle, Dean; JWDeveloping a good marketing plan will help you identify and quantify costs, set price goals, determine potential price outlook, examine production and price risk, and develop a strategy for marketing your crop. This publication describes the importance of a written plan, the components of a marketing plan, and information on evaluating the plan.Item The Economic Benefits of Forage Sorghum Silage as an Alternative Crop(Texas A&M AgriLife Extension Department) McCorkle, Dean; Hanselka, Dan; Bean, Brent; McCollum, Ted; Amosson, Steve; Klose, Steven; Waller, MarkItem The Economic Benefits of Forage Sorghum Silage as an Alternative Crop(Texas A&M AgriLife Extension Department) McCorkle, Dean; Hanselka, Dan; Bean, Brent; McCollum, Ted; Amosson, Steve; Klose, Steven; Waller, MarkItem The Economic Benefits of Forage Sorghum Silage as an Alternative Crop(Texas A&M AgriLife Extension Department) McCorkle, Dean; Hanselka, Dan; Bean, Brent; McCollum, Ted; Amosson, Steve; Klose, Steven; Waller, MarkItem The Economic Benefits of Forage Sorghum Silage as an Alternative Crop(Texas A&M AgriLife Extension Department) McCorkle, Dean; Hanselka, Dan; Bean, Brent; McCollum, Ted; Amosson, Steve; Klose, Steven; Waller, MarkItem The Economic Benefits of Forage Sorghum Silage as an Alternative Crop(Texas A&M AgriLife Extension Department) McCorkle, Dean; Hanselka, Dan; Bean, Brent; McCollum, Ted; Amosson, Steve; Klose, Steven; Waller, MarkItem Economic Implications of Biological Control of Arundo donax in the Texas Rio Grande Basin(Texas Water Resources Institute, 2009-11) Seawright, Emily; Rister, M. Edward; Lacewell, Ronald; McCorkle, Dean; Sturdivant, Allen; Goolsby, John; Yang, Chenghai; Harris, B.L.ABSTRACT Arundo donax, or giant reed, is a large, bamboo-like plant that is native to Spain and has invaded several thousand acres of the Rio Grande riparian zone in Texas and Mexico. The plant grows to over 26 feet tall, and consumes large quantities of water, estimated as an amount equivalent to about 11% of irrigation water diverted by Valley irrigation districts (i.e., some estimates are more than 5.5 acre-feet per acre). With concern of increased water demands in the Texas Lower Rio Grande Valley region, the United States Department of Agriculture, Agricultural Research Service (USDA)ARS) is investigating four herbivorous insects as potential biological control agents for Arundo donax to facilitate increased water supply. This study examines selected economic implications for agricultural water users in the United States of applying these biological control agents along the Rio Grande. The research includes (a) estimating the value of the water saved due to the reduction of Arundo donax, (b) a benefit -cost analyses, (c) regional economic impact analyses, and (d) an estimate of the per-unit cost of water saved over a 50-year planning horizon (2009 through 2058). The model ArundoEcon© is used to perform a baseline deterministic analyses using low- and high-value irrigated composite acre values. That is, the saved water is initially valued based on being applied to agriculture as irrigation. Since the actual crop mix irrigated with the saved water is unknown, a range is provided by assuming all irrigated crops are “low-value,” and then again by including both “lowvalue” and “high-value” irrigated crops. Results of the water amount saved are 2/9 of the amount consumed, or approximately one acrefoot of water for each acre of Arundo. For each acre-foot of water saved, 1.85 dryland acres can be converted to low-value crop acres, and 0.71 can be converted to high-value crop acres. Regional economic results indicate a present value of farm-level benefits ranging from $98 to $160 million. Benefit-cost ratios are calculated with normalized prices and indicate a range from 4.38 to 8.81. Sensitivity analyses provide a robust set of results for Arundo agricultural water use, effectiveness of control agents, replacement species’ water use, Arundo expansion rate after control, value of water, and the cost of the program. The pre-production processes and farm-gate economic impact analyses are estimated using multipliers from the IMPLAN model. Regional results reveal a range of $9 to $18 million annually in economic output and 197 to 351 jobs associated with the increase in gross revenues due to the control of Arundo donax for the year 2025. Values for other select years are also provided. Further results suggest a life-cycle cost per acre-foot of water saved of $44. This amount is comparable to other projects designed to conserve water in the region. The USDA)ARS, Weslaco, Texas Arundo donax biological control project will realize positive results as indicated by the benefit-cost ratios, economic impact analyses, and competitive results for the per-unit cost of saving water. These results indicate this project will have positive economic implications for the U.S. and the Texas Lower Rio Grande Valley.Item Farm and Ranch Business Management Functions(2009-02-04) McCorkle, Dean; Anderson, David P.; JWThis publication discussess several management functions, including organization, staffing and direction and control. Suggested activities help managers learn how to implement these functions in their farm and ranch businesses.Item Farm and Ranch Personnel Management(2009-05-01) Bevers, Stan; McCorkle, Dean; Hanselka, Daniel; JWPeople--human capital--are an important resource in making a farm or ranch business more competitive in today's business environment. This publication summarizes the ideas about modern personnel management that illustrate ways to attain a farm's or ranch's business goals through its people.Item Financial and Economic Terms(2008-12-05) McCorkle, Dean; Klinefelter, Danny A.; JWThis publication lists and defines many financial and economic terms with which producers should be familiar.Item Financial Management: Cash vs. Accrual Accounting(2008-10-17) Klinefelter, Danny A.; McCorkle, Dean; Klose, Steven; JWThis publication explains the differences between cash and accrual accounting and suggests how farmers and ranchers can get the best of both accounting systems. There are sample income statements and a table to illustrate the adjustment of cash basis records to approximate accrual basis records.Item Hedging Milk with BFP Futures and Options(1999-06-23) Anderson, David P.; McCorkle, Dean; Schwart Jr., Robert B.; Jones, Rodney; JWBasic Formula Price (BFP) milk futures and options can be used to hedge, or lock in, milk prices in order to manage milk price fluctuations. This publication offers information on futures contracts, basis, cash settlement and margin call. There also is a hedging example.