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A forward and backward linkage agricultural production simulation model

  • Jan 1, 1995
  • Fe Zinnia Albay +3 more
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Abstract

The paper illustrates the use of a forward and backward linkage agricultural production simulation model. CHICKSIM III is a comprehensive, farm-level, and stochastic capital budgeting simulation model which provides an analytical framework for simulating probable consequences of production, marketing, financial, and policy variables on the profitability of a farm or agribusiness firm. The model is applied to evaluate the profitability of a representative farm producing broiler, beef, corn, and kenaf.

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