• Title/Summary/Keyword: expected farm income

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Reproduction and marketing plans for improving profitability of Korean native cattle (Hanwoo) farm (한우 농가 수익성 향상을 위한 번식 및 출하 계획)

  • Choi, Inchul;Cho, Jaesung
    • Journal of Embryo Transfer
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    • v.31 no.3
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    • pp.267-272
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    • 2016
  • Wholesale beef price is the critical factor for determining Korean native cattle, Hanwoo, farm's income in short-term. Wholesale beef price has seasonality due to high demand in Korean traditional holidays such as Korean thanksgiving day and lunar new year's day. Therefore, it is important to make reproduction and marketing plans for Korean Hanwoo farmers, in order to increase their farm income. However, there is no study available on changes in the expected farm income depending on reproduction and marketing schedules. This study analyzed the expected farm income per head depending on the monthly-based marketing schedules. The analysis was conducted based on the seasonality of wholesale beef price, reproduction efficiency, operating costs, relationship between carcass grade and slaughter age. The result shows that slaughter Hanwoo at the age of 29 months-old in August and January generating the highest expected farm income per head.

Proposal of An Artificial Intelligence Farm Income Prediction Algorithm based on Time Series Analysis

  • Jang, Eun-Jin;Shin, Seung-Jung
    • International journal of advanced smart convergence
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    • v.10 no.4
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    • pp.98-103
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    • 2021
  • Recently, as the need for food resources has increased both domestically and internationally, support for the agricultural sector for stable food supply and demand is expanding in Korea. However, according to recent media articles, the biggest problem in rural communities is the unstable profit structure. In addition, in order to confirm the profit structure, profit forecast data must be clearly prepared, but there is a lack of auxiliary data for farmers or future returnees to predict farm income. Therefore, in this paper we analyzed data over the past 15 years through time series analysis and proposes an artificial intelligence farm income prediction algorithm that can predict farm household income in the future. If the proposed algorithm is used, it is expected that it can be used as auxiliary data to predict farm profits.

An Analysis on The Consumption Pattern of Korean Farm Households (1960~1968) -The Influence of Income Level on The Consumption Pattern- (농가 가계의 소비구조 분석 (1960-1968) -소득수준이 소비구조에 미치고 영향분석을 중심으로-)

  • 최은숙
    • Journal of the Korean Home Economics Association
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    • v.8 no.1
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    • pp.181-197
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    • 1970
  • Farm households consumption pattern from 1960 to 1968 was analized as follows. First, the influence of the price on the consumption pattern was observed by year for 9 years. Second, the influence of farm households and by size of the consmption pattern was analized by year for whole household and by size of the arable land. Third, the present status and problems of farm families consumption pattern was attempted to be found out compared with the pattern of all families of Seoul. Forth, the pattern of food expenditure which has the largest proportion in the living expenditure was analized. Following results and conclusions are obtained from the above analysis.1. The average nominal increase rate of all farm households has been increased gradually for 9 years, mostly due to the rise in household goods prices paid by farmers. 2. The living expenditure varies with the price and the disposal income, The influence of the latter is greater than that of the former. 3. The Engel's Coefficient of farmers. the average of which was 54.9%, recently tends to decrease gradually. The larger is the size of arable land, the lower is the Coefficient of farm households. But the Coefficient of farm households is higher than that of city families. 4. In general the proportion of food expenditure has a great influence on the consumption pattern, The average percentage of miscellaneous expenditure is 23.9% and it is next to food expenditure. The relationship between them is going reversely. Housing expenditure has usually the constant proportion. But the difference of the proportion between farm households (4.0%) and city families (17.1%) is considerable. Clothing expenditure and fuel and light expenditure have small variations. The former tends to increase with the income, and the latter tends to decrease with it or is constant. 5. Considering the food expenditure pattern, the average percentage (78.4%)of staple food of farm household is remarkably high compared with Seoul (48.3%) and other cities (54.0%). The decrease of the percentage of staple food expenditure in farm households is not so much as cities. 6. The propertion of the staple food expenditure of Farm families don't have so much differences by the size of arable land. But the rice proportion of staple foods has the tendency to increase with the income level. Subsidery food expenditure doesn't increase by year and by size of the land, while the consumption of meat and manufactured foods tends to increase with size of the land. But even big farm households don't reach to the level of cities in consumption of them. 7. Food consumption pattern may be influenced by the factors such as the knowledge of wife about nutrition, customs, consumption habits, and so on. The difference between farm households and city families in food consumption pattern is inferred from the above factors. Presently, the increasing income of the people promote the consumption of all items of living expenditure both in cities and farm households. But the Engel's Coeffcient and the proportion of the staple food expenditure is expected to decrease in farm households more than in cities.

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Analysis of Economic Effects of the Land Utilization and Promotion Projects(In the Case of Sinseok Area, Dangjin Districts in Chungnam Province) (농지이용증진사업의 경제효과분석)

  • Park, Jae-Keun;Lim, Jae-Hwan
    • Korean Journal of Agricultural Science
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    • v.25 no.2
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    • pp.293-309
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    • 1998
  • This study is aimed at identifying the decision making criteria as B/C ratio, IRR and NPV based on the expected benefits and costs of the land utilization and promotion projects which have implemented to improve agricultural structure under WTO system. To carry out the objectives of the study, Sinseok project area located at Dangjin district, Chungnam province was selected. Sinseok project area has 306.2 ha of paddy area with 172 farm households. The project area will be operated by the 33 specialized farm households after completion of the project which will have 20 years of economic life. After completion of the project, farm size will be increased from 1.8ha to 9.3ha. Land intensity of the project area will be increased by 10%. Increase of land productivity and cost saving due to the labor saving technology as farm mechanization will be expected. According to the survey results, the annual amount of production cost savings per farm was estimated 3.884million won and increased total farm income was expected about 43.8million won per year. The total expexted project benefits was expected 174million won per year. The project costs to promote land utilization and structural change consisted of handling charges, and direct payment for land movility. The decision making criteria representing economic feasibility of the project such as B/C ratio, NPV and IRR were estimated 2.49, 483million won and 30% respectively when the cut-off rate was taken into account 10%. In conclusion, the land utilization and promotion project proppeled by the Korean Government under the agricultural land law is considered economically feasible from the view points of expected project benefits and costs. Accordingly the project have to be implemented more strongly under the G't financial support considering WTO and UR negociation which were aimed at achieving the free trade and improvement of international competitiveness of farm products.

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Structural Equation Modeling on Technology Acceptance for New Variety - Case of Forage Crop - (신품종 기술수용의 구조관계 분석 -사료작물 신품종 도입의향 -)

  • Choi, Jong-San;Park, Jae-Hyoung;Yoon, Jin-Woo;Chae, Yong-Woo
    • Journal of Agricultural Extension & Community Development
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    • v.25 no.1
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    • pp.1-13
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    • 2018
  • This study aims to identify factors affecting the acceptance intention of cultivating a new Italian ryegrass(IRG) variety using partial least square structural equation modeling(PLS-SEM) and find priority to maximize the acceptance intention of new IRG variety using importance-performance matrix analysis(IPMA). The data were collected on a seven-point Likert-type from 188 farm households located in Korea central region for two months. As a major result of PLS-SEM, expected effect significantly affected acceptance intention. The IPMA also showed expected effect should be considered as the most important factor to improve the acceptance intention. This study suggested the new technology distributors should scientifically prove and actively promote the effects such as increase in farm income, productivity improvement, labor saving and management efficiency caused by planting new IRG variety.

A Study on Economic Impacts of Drainage Projects (배수개선사업(排水改善事業)의 경제적효과분석(經濟的效果分析))

  • Kim, Jai Hong;Lim, Jae Hwan
    • Korean Journal of Agricultural Science
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    • v.10 no.2
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    • pp.371-381
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    • 1983
  • This study is aimed at identifying the economic effects of drainage improvement projects. The total area of poor drainage is equivalent to 170,000ha, 13% of the total area of paddy field in Korea. The development of poor drained paddy is an urgent problem considering the low rate of self-sufficiency of food grain and the limitation of farmer's income increase. Rapid development of Korean economy has brought labor shoriage in rural farming sector. Accordingly farm mechanization is an important agricultural policy to hike labor productivity and to save production costs of rice farming. The expected economic benefits of the drainage improvement project are derived from increasing land productivity, expanding double cropped area and farming the farm mechanization base in paddy fields. The economic and financial rate of return of the project are considered very important decision making criteria for project implementation by resource allocation. Therefore this study covered benefit and cost analysis of the sampled area, the estimated financial rate of returns in $Buy{\check{o}}$ and Jinsung are represented 15% and 51% respectively and the economic rate of returns in both project area are also showing 1% and 26% respectively. The rate of return of the projects has showed an outstanding variance according to the locational and natural characteristics of the project area. As showing the above economic rate of return, $Buy{\check{o}}$ is very low Jinsung is very high. But the financial rate of return of both projects are considered comparatively high. Cosequently, the drainage improvement projects should be promoted from the view point of farm income increase to make narrow the income gap between rural and urban incomes and farm mechanization to solve labor shortage in the rural area.

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Comparison of Social, Economic, and Environmental Impacts depending on Cultivation Methods - Based on Agricultural Income Survey Data and Smart Farm Survey Reports - (농산물 재배 방식에 따른 사회, 경제, 환경 영향 비교 - 농산물 소득조사 자료와 스마트팜 실태조사 보고서를 기반으로 -)

  • Lee, Jimin;Kim, Taegon
    • Journal of Korean Society of Rural Planning
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    • v.29 no.4
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    • pp.127-135
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    • 2023
  • This study examined the impact of changes in agricultural production methods on society, the economy, and the environment. While traditional open-field farming relied heavily on natural conditions, modern approaches, including greenhouse and smart farming, have emerged to mitigate the effects of climate and seasonal variations. Facility horticulture has been on the rise since the 1990s, and recently, there has been a growing interest in smart farms due to reasons such as climate change adaptation and food security. We compared open-field spinach and greenhouse spinach using agricultural income survey data, and we also compared greenhouse tomato cultivation with smart farming tomato cultivation, utilizing data from the smart farm survey reports. The economic results showed that greenhouse spinach increased yield by 25.8% but experienced a 29% decrease in income due to equipment depreciation. In the case of tomato production in smart farms, both yield and income increased by 36-39% and 34-46%, respectively. In terms of environmental impact, we also compared fertilizer and energy usage. It was found that greenhouse spinach used 29% less fertilizer but 14% more energy compared to open-field spinach. Smart farming for tomatoes saw a negligible decrease in electricity and fuel costs. Regarding the social impact, greenhouse spinach reduced labor hours by 31%, and the introduction of smart farming for tomatoes led to an average 11% reduction in labor hours. This reduction is expected to have a positive effect on sustainable farming. In conclusion, the transition from open-field to greenhouse cultivation and from greenhouse cultivation to smart farming appears to yield positive effects on the economy, environment, and society. Particularly, the reduction in labor hours is beneficial and could potentially contribute to an increase in rural populations.

A Planning for Agricultural.Rural Communities Theme Park in Yesan County (예산군 농업.농촌 테마공원 계획)

  • Lee, Gyeong-Jin;Song, Byeong-Hwa
    • Journal of Korean Society of Rural Planning
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    • v.15 no.1
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    • pp.89-99
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    • 2009
  • I wish to establish Kwang-shi Han-woo agriculture theme park furtherance plan that take advantage of unique area resource of homebred cattle meat sale restaurant of the Chungchong-namdo Yesan County Kwang-Shi Ran-woo village. Improve regional income that develops Kwang-shi Ran-woo area that is made up a rest and experience space that escapes in sightseeing of Ran-woo meat putting first that is food, and contribute in economy activation by promotes City-Farm exchange, and is behind present, and is expected that contributes in farm village area activation that is stagnated Ran-woo specialization area of whole country scale. Kwang-shi Han-woo agriculture-farm village theme park plan is thought that active participation of thorough environmental protection and local resident is necessary condition as plan that take advantage of peculiar latency resource of area. In plan process, reflected various opinion of local resident representatives to space but there is a little insufficient page, and sees that also thorough environment analysis should be preceded. Hereafter, see that correction' repletion need a little through thorough grasping of latency resource that put together thorough natural environment investigation. in Yesan County with analysis at final design step. But, see that plan of theme park that take advantage of characteristic resource in farm village, especially situation of Ran-woo farmhouses that is suffering now difficulty as plan that do appropriateness of city in area activation and economical income guarantee side of farmhouse inhabitants.

Regional development through vitalization of agro-industrial complex in seocheongun (농공단지 활성화를 통한 서천군 지역발전방안)

  • Yang, Hee-Suck;Kim, Tai-Cheol
    • Korean Journal of Agricultural Science
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    • v.39 no.2
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    • pp.263-270
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    • 2012
  • The vitalization of Agro-industrial complex could be an alternative to enhance farmers off-farm income and overcome FTA's impacts on the import of agricultural products. However, it is evaluated the governmental policy on the Agro-industrial complex has not been successfully done as expected. The Agro-industrial complex started to be composed in 1984 and the 427 Agro-industrial complex have been composed nationwide by 2011. Meanwhile, three Agro-industrial complex where 61 factories are running have been composed and two Agro-industrial complex are being under construction in Seocheongun as of 2011. It is investigated that there are constraints in the government supporting systems for Agro-industrial complex. They are; Aged and poor infrastructure facilities, Weak marketing competition, Scattered supporting agencies, and Poor loan system, etc. In this respect, the policy of supporting system was suggested and recommended to vitalize Agro-industrial complex in the study. They are; Better loan system, Improving aged facilities, Marketing support, Assisting technology, Suppling labor power, and Forming factory-network, etc.

An Establishing of Fisheries Management Consulting System : focused on the case study of similar organizations (어업경영컨설팅 체제 구축방안 : 유관기관 사례연구를 중심으로)

  • Hwang, Jin-Wook
    • The Journal of Fisheries Business Administration
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    • v.41 no.2
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    • pp.153-174
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    • 2010
  • This study is aimed to analyze the establishing of fisheries management consulting system by case study of similar organizations. For a gradual extension of new technology of fisheries, National Fisheries Research and Development Institute(NFRDI) has launched fisheries consulting project including management in 2010. Fisheries management consulting needs practical and theoretical background regarding its standardization of process, systematization. To achieve this, fisheries management consulting system has to follow farm management consulting system by means of benchmarking. In order to analyze farm management consulting system, I investigated its role organizations(MIFAFF, RDA, KFRI), farm consulting guide. And also, it was conducted to investigated establishing of fisheries management consulting system through development of standard management consulting table and consulting indicators. The research results showed that the realm of fisheries management consulting should be redefined and systematized apposite to the case of fisheries actual conditions. In recent years, to enhance improvement of the fisheries income, there is need to be focused on the efficient utilization of fisheries management consulting system. It is expected that fisheries management consulting system be main issue in fisheries industry.