Evaluating Food-Fuel Trade-Offs via Market Choice: The Case of Iowa Corn Producers
Date
Authors
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Authors
Research Projects
Organizational Units
The Department of Economic Science was founded in 1898 to teach economic theory as a truth of industrial life, and was very much concerned with applying economics to business and industry, particularly agriculture. Between 1910 and 1967 it showed the growing influence of other social studies, such as sociology, history, and political science. Today it encompasses the majors of Agricultural Business (preparing for agricultural finance and management), Business Economics, and Economics (for advanced studies in business or economics or for careers in financing, management, insurance, etc).
History
The Department of Economic Science was founded in 1898 under the Division of Industrial Science (later College of Liberal Arts and Sciences); it became co-directed by the Division of Agriculture in 1919. In 1910 it became the Department of Economics and Political Science. In 1913 it became the Department of Applied Economics and Social Science; in 1924 it became the Department of Economics, History, and Sociology; in 1931 it became the Department of Economics and Sociology. In 1967 it became the Department of Economics, and in 2007 it became co-directed by the Colleges of Agriculture and Life Sciences, Liberal Arts and Sciences, and Business.
Dates of Existence
1898–present
Historical Names
- Department of Economic Science (1898–1910)
- Department of Economics and Political Science (1910-1913)
- Department of Applied Economics and Social Science (1913–1924)
- Department of Economics, History and Sociology (1924–1931)
- Department of Economics and Sociology (1931–1967)
Related Units
- College of Agricultural and Life Sciences (parent college)
- College of Liberal Arts and Sciences (parent college)
- College of Business (parent college)
Journal Issue
Is Version Of
Versions
Series
Department
Abstract
This study examines food-fuel trade-offs from the perspective of crop producers and their choices in marketing their grain among food, feed and fuel use. Based on a recent survey of Iowa grain producers, this study finds that price competition from ethanol plants has increased the share of the corn marketed directly to ethanol plants and lowered the market share of corn marketed for domestic and international food/feed purposes. Other factors, such as farm size and market distance, affect the share of corn directed to the fuel, food, and feed markets. The results indicate corn producers are willing to bear higher transportation costs to reach food markets over other market outlets.
Comments
This is an article from Green 1 (2011): 123, doi:10.1515/GREEN.2011.004. Posted with permission.