Does On-Farm quality Assurance Pay? A Cost-Benefit Analysis of the GrainSafe Program
AbstractSince the introduction of genetically modified (GM) crops, the commodity grain system has been under pressure to segregate GM and non-GM crops. Starting at the level of the grain handler, members of the grain supply chain have successfully used quality assurance and identity preservation programs to segregate non-GM crops. Producers delivering high value, identity preserved crops have become interested in implementing these quality management systems at the farm level. We conduct a cost-benefit analysis that shows that quality assurance program may be profitable for producers, depending on their farm size and equipment management strategy.
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Bibliographic InfoPaper provided by Purdue University, College of Agriculture, Department of Agricultural Economics in its series Working Papers with number 06-02.
Length: 25 pages
Date of creation: Feb 2006
Date of revision:
on-farm quality assurance; identity preservation; cost-benefit analysis; @Risk;
Other versions of this item:
- Karaca, Umit & Alexander, Corinne E. & Maier, Dirk E., 2007. "Does On-Farm Quality Assurance Pay? A Cost-Benefit Analysis of the Grainsafe Program," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, Southern Agricultural Economics Association, vol. 39(03), December.
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
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