The Impact of Drought on Grain Handling Firms

Taeyoon Kim and Phil Kenkel

No 6844, 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas from Southern Agricultural Economics Association

Abstract: Drought impact both producers and agribusinesses. This study investigates the impacts of the 2004-2007 droughts on Oklahoma grain handling and fertilizer supply firms. The results indicated an average decline in firm revenues of 30%. Individual firms had single year revenue declines of 85% and drought period declines of 75%.

Keywords: Agribusiness; Environmental Economics and Policy (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-env
Date: 2008
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