Author : Andrew M. McKenzie
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (555 download)
Book Synopsis An Economic Evaluation of Optimal Intermodal Soybean Flows in Arkansas with Projected Effects of the North American Free Trade Agreement by : Andrew M. McKenzie
Download or read book An Economic Evaluation of Optimal Intermodal Soybean Flows in Arkansas with Projected Effects of the North American Free Trade Agreement written by Andrew M. McKenzie and published by . This book was released on 1999 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The optimal intermodal flow of Arkansas soybeans in 1993 is estimated using both survey data and a linear programming model. Results indicate that both approaches are consistent with each other, suggesting that the linear programming model adequately captures real world behavior and that Arkansas elevators and subterminals are marketing soybeans in an optimal manner. The optimal mode of transporting soybeans from elevators and subterminals to in-state processors is by truck. Rail is found to be the optimal mode of transporting soybeans to Galveston, Texas, while barge is optimal for transporting soybeans to New Orleans, Louisiana. The Arkansas soybean marketing and transportation infrastructure as of 1993 is deemed to be adequate to meet any possible increased export demand for soybeans due to NAFTA.