AN ECONOMIC ANALYSIS OF THE DAIRY ENVIRONMENTAL COOPERATIVE IN NORTHEAST KANSAS

Michael L. Vogt and Terry L. Kastens

No 20516, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

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.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 26
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20516

DOI: 10.22004/ag.econ.20516

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