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Returns to Soybean Producers from Investments in Promotion and Research

Author Info

Listed author(s):
  • Williams, Gary W.
  • Shumway, C. Richard
  • Love, H. Alan

Abstract

U.S. soybean producers have been cooperatively investing in both production research and demand promotion for nearly four decades to enhance the profitability and international competitiveness of their industry. Have producers benefitted from their contributions to soybean checkoff program activities over the years? How has the return to investments in soybean production research compared to that of soybean demand promotion investments? The overall positive returns to producers over the study period resulted primarily from promotion activities. Production research contributed negatively to overall producer returns from soybean checkoff investments.

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File URL: http://purl.umn.edu/31478
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Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 31 (2002)
Issue (Month): 1 (April)
Pages:

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Handle: RePEc:ags:arerjl:31478
Contact details of provider: Web page: http://www.narea.org/

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Keywords: Agribusiness;

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  1. Schmit, Todd M. & Kaiser, Harry M., 1998. "Egg Advertising, Dietary Cholesterol Concerns, And U.S. Consumer Demand," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(1), April.
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  3. Geoff W. Edwards & Jan P. Voon, 1997. "The Calculation of Research Benefits with Linear and Nonlinear Specifications of Demand and Supply: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1368-1371.
  4. Grant M. Scobie & John D. Mullen & Julian M. Alston, 1991. "The Returns To Investment In Research On Australian Wool Production," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 35(2), pages 179-195, 08.
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  6. R.P. Zentner & W.L. Peterson, 1984. "An Economic Evaluation of Public Wheat Research and Extension Expenditures in Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 32(2), pages 327-353, 07.
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Cited by:

  1. Luo, Ji & Williams, Gary W., 2015. "The Impacts of Chinese Exchange Rate Policy on World Soybean and Products Markets," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205075, Agricultural and Applied Economics Association;Western Agricultural Economics Association.
  2. Capps, Oral, Jr. & Williams, Gary W., 2006. "The Economic Effectiveness of the Cotton Checkoff Program," Reports 90753, Texas A&M University, Agribusiness, Food, and Consumer Economics Research Center.
  3. Johansson, Robert C. & Livingston, Michael J. & Westra, John V. & Guidry, Kurt M., 2006. "Simulating the U.S. Impacts of Alternative Asian Soybean Rust Treatment Regimes," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(1), April.

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