AgEcon Search

AgEcon Search >
       Journal of Agribusiness >
          Volume 22, Number 2, Fall 2004 >

Please use this identifier to cite or link to this item: http://purl.umn.edu/59400

Title: An Evaluation of Tennessee Soybean Growers’ Views on a New Generation Cooperative to Produce Biodiesel
Authors: Jensen, Kimberly L.
English, Burton C.
Menard, R. Jamey
Zhang, Yu
Keywords: biodiesel
New Generation Cooperative
probit analysis
soybean producers
tobit analysis
Issue Date: 2004
Abstract: Substituting petroleum diesel with biodiesel could decrease air emissions, reduce reliance on foreign oil, and help expand markets for U.S. farmers. Soybean producers can potentially capture this value-added by forward integrating the processing of soybeans into biodiesel via a New Generation Cooperative (NGC). Using probit analysis, this study examines factors influencing soybean producers’ willingness to participate in an NGC to produce biodiesel. Tobit analysis is used to examine the factors influencing the number of shares the soybean producer would be willing to purchase. Survey results indicate that over 70% of the soybean producers in the study group are interested in investing in an NGC to produce biodiesel. Among those producers willing to participate, the average number of shares they would purchase was just under 3,460.
URI: http://purl.umn.edu/59400
Identifiers: 0738-8950
Institution/Association: Journal of Agribusiness>Volume 22, Number 2, Fall 2004
Total Pages: 11
From Page: 107
To Page: 117
Collections:Volume 22, Number 2, Fall 2004

Files in This Item:

File Description SizeFormat
F04-02.pdf166KbPDFView/Open
Recommend this item

All items in AgEcon Search are protected by copyright.

 

 

Brought to you by the University of Minnesota Department of Applied Economics and the University of Minnesota Libraries with cooperation from the Agricultural and Applied Economics Association.

All papers are in Acrobat (.pdf) format. Get Adobe Reader

Contact Us

Powered by: