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A Study of the Financial Impact of Dairy Manure Storage Systems in Northeast Kansas

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  • Michael L. Vogt
  • Terry L. Kastens

Abstract

In 1997, the Black Vermillion Dairy Environmental Cooperative (DEC) was started with an Environmental Protection Agency 319A grant. The DEC partially funded construction of manure storage projects at ten of thirty-seven Kansas dairies located in the Black Vermillion Watershed. The facilities were later studied using net present value (NPV) to evaluate their cost effectiveness. The NPV analysis showed that in most cases, investing in a manure storage structure can be profitable for the dairy. However, cost-share assistance often will be needed in order to have positive pre-tax and after-tax NPVs. Copyright 2005, Oxford University Press.

Suggested Citation

  • Michael L. Vogt & Terry L. Kastens, 2005. "A Study of the Financial Impact of Dairy Manure Storage Systems in Northeast Kansas," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(3), pages 336-349.
    • Handle: RePEc:oup:revage:v:27:y:2005:i:3:p:336-349
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    File URL: http://hdl.handle.net/10.1111/j.1467-9353.2005.00253.x
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