IDEAS home Printed from https://ideas.repec.org/a/ags/jloagb/59400.html
   My bibliography  Save this article

An Evaluation of Tennessee Soybean Growers’ Views on a New Generation Cooperative to Produce Biodiesel

Author

Listed:
  • Jensen, Kimberly L.
  • English, Burton C.
  • Menard, R. Jamey
  • Zhang, Yu

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.

Suggested Citation

  • Jensen, Kimberly L. & English, Burton C. & Menard, R. Jamey & Zhang, Yu, 2004. "An Evaluation of Tennessee Soybean Growers’ Views on a New Generation Cooperative to Produce Biodiesel," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 22(2), pages 1-11.
    • Handle: RePEc:ags:jloagb:59400
    DOI: 10.22004/ag.econ.59400
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/59400/files/F04-02.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.59400?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carlberg, Jared G. & Ward, Clement E. & Holcomb, Rodney B., 2006. "Success Factors for New Generation Cooperatives," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 9(1), pages 1-20.
    2. Montefrio, Marvin Joseph F. & Sonnenfeld, David A. & Luzadis, Valerie A., 2015. "Social construction of the environment and smallholder farmers' participation in ‘low-carbon’, agro-industrial crop production contracts in the Philippines," Ecological Economics, Elsevier, vol. 116(C), pages 70-77.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jloagb:59400. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aeaggea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.