An Economic Evaluation of Optimal Intermodal Soybean Flows in Arkansas with Projected Effects of the North American Free Trade Agreement

Mckenzie, Andrew M.; La Ferney, Preston E.; Wailes, Eric J.; Otwell, Howard D.; University of Arkansas. Department of Agricultural Economics and Agribusiness; University of Arkansas. Mack-Blackwell Transportation Center

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An Economic Evaluation of Optimal Intermodal Soybean Flows in Arkansas with Projected Effects of the North American Free Trade Agreement

1999-04-01
By Mckenzie, Andrew M. ; La Ferney, Preston E. ; Wailes, Eric J. ; ...

[PDF-241.79 KB]

English

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Creators:

Mckenzie, Andrew M. ; La Ferney, Preston E. ; Wailes, Eric J. ; Otwell, Howard D.

Mckenzie, Andrew M. ; La Ferney, Preston E. ; Wailes, Eric J. ; Otwell, Howard D. Less -
Corporate Creators:

University of Arkansas. Department of Agricultural Economics and Agribusiness ; University of Arkansas. Mack-Blackwell Transportation Center

University of Arkansas. Department of Agricultural Economics and Agribusiness ; University of Arkansas. Mack-Blackwell Transportation Center Less -
Corporate Contributors:

United States. Department of Transportation. University Transportation Centers (UTC) Program
Subject/TRT Terms:

[+]

Commodity Flow Demand Export Demand Intermodal Transportation Linear Programming Models Market Demand Markets Mode Choice North American Free Trade Agreement (NAFTA) Simulation Soybeans Surveys
Publication/ Report Number:

MBTC-FR-1491
Resource Type:

Research Paper
Geographical Coverage:

Arkansas
Corporate Publisher:

University of Arkansas
Abstract:

Grain marketing may be defined as "the performance of all business activities that coordinate the flow of goods and services from grain producers to consumers and users." This analysis examines the transportation component of the grain marketing system within Arkansas. 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 sub-terminals are marketing soybeans in an optimal manner. The optimal mode of transporting soybeans from elevators and sub-terminals to in-state processors is by truck. Rail is found to be the optimal mode of transporting soybeans to Galveston, while barge is optimal for transporting soybeans to New Orleans. The Arkansas soybean marketing and transportation infrastructure as of 1993 is deemed to be adequate to meet any possible increased export demand for soybeans resulting from NAFTA. References, 5 tables, 1 figure. 21p.
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PDF
Collection(s):

University Transportation Centers
Main Document Checksum:

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urn:sha256:84bfd67bcb3890c038fc0f2ced0c3bd9b39b9682f3b454b9a88352e16a3f823e
Download URL:

https://rosap.ntl.bts.gov/view/dot/33862/dot_33862_DS1.pdf
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An Economic Evaluation of Optimal Intermodal Soybean Flows in Arkansas with Projected Effects of the North American Free Trade Agreement

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