AN ECONOMIC ANALYSIS OF UNIT-TRAIN FACILITY INVESTMENT

Phil Kenkel, Shida Henneberry and Haerani N. Agustini

No 34748, 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma from Southern Agricultural Economics Association

Abstract: Country elevators competed chiefly through increased efficiency in grain handling and transportation. The development by the railroads of more favorable rates for multi-car shipments (unit train) has led grain cooperatives and other agribusiness firms to invest in high speed rail load out facilities. In this study the feasibility of an investment in a unit-train load out facility is analyzed. The impact of grain through put volume, unit rate transportation savings, discount rates, and grain-cleaning costs is also determined.

Keywords: Public Economics (search for similar items in EconPapers)
Date: 2004

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