Resource Adjustment in the Fertilizer Industry: With Emphasis on Michigan

David M. Bell, David L. Armstrong, George R. Perkins and Dennis R. Henderson

No 313723, Marketing Research Reports from United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program

Abstract: As one of a series of reports from a comprehensive study of the U. S. fertilizer industry, this publication examines the supply of fertilizer in Michigan. Areas covered include: (1) the organization of the industry that minimizes the cost of producing, distributing, and applying fertilizer in the short and long run; (2) the least-cost transition to the long-run organization; (3) the impact of changes in the nutrient ratio; (4) the cost associated with use of suboptimal products; (5) the impact of abatement activities of coal-burning electric power generating plants on the industry; and (6) the economic relationship between wet and furnace phosphoric acid. Variables included (1) products--over 30, with approximately 200 formulations; (2) functions, including production, storage, handling, transportation, processing, sales, and application; (3) location, including the Gulf Coast, Florida, Saskatchewan, the Midwest, and Central Michigan, plus local facilities throughout Michigan; (4) size; (5) technical processes; and (6) nine transportation modes.

Keywords: Agribusiness; Crop Production/Industries; Industrial Organization; Marketing; Production Economics; Research Methods/Statistical Methods; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 86
Date: 1972-10
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uamsmr:313723

DOI: 10.22004/ag.econ.313723

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