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An Economic Analysis Of The Dairy Environmental Cooperative In Northeast Kansas

Author

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  • Vogt, Michael L.
  • Kastens, Terry L.

Abstract

In 1997, the Black Vermillion Dairy Environmental Cooperative (DEC) was started with an EPA 319A grant. Ten Kansas dairies located in the Kansas Black Vermillion Watershed were studied to evaluate the on-farm manure structures cost-shared by the DEC. Net present value (NPV) analysis was used to evaluate the profitability associated with the manure structures. The NPV analysis showed that in most cases, investing in a manure storage structure is a worthwhile venture and 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.

Suggested Citation

  • Vogt, Michael L. & Kastens, Terry L., 2001. "An Economic Analysis Of The Dairy Environmental Cooperative In Northeast Kansas," 2001 Annual meeting, August 5-8, Chicago, IL 20516, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20516
    DOI: 10.22004/ag.econ.20516
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    References listed on IDEAS

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    1. Lessley, Billy V. & Via, James E., 1976. "Economic Analysis Of Alternative Manure Handling Systems By Size Of Dairy Herd," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 1), pages 1-12, April.
    2. Lessley, Billy V. & Via, James E., 1976. "Economic Analysis Of Alternative Manure Handling Systems By Size Of Dairy Herd," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 5(1), pages 1-12, April.
    3. Heimlich, Ralph E., 1982. "Economics and Environmental Effects of Manure Handling Systems for Northeastern Dairy Farms," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 1), pages 1-12.
    4. Heimlich, Ralph E., 1982. "Economics and Environmental Effects of Manure Handling Systems for Northeastern Dairy Farms," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 11(1), pages 1-12.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Environmental Economics and Policy;

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