This paper assesses the total factor productivity (TFP) growth and efficiency levels in the Indian dairy processing industry using the Tornqvist index and data envelopment analysis (DEA) models over the period 1980-2008. We utilize a different empirical approach and extend the data sets. To...

The issue of profitability of the agricultural production is often discussed within the framework of the problems of agricultural economics. The study showed a diversification in the profitability of the milk production depending on the cow herd’s size and identified the main determinants of...

US farm programs have been moving towards using insurance to provide the farm safety net for many years but this policy transformation has not been realized for dairy farms. Historically, support for dairy farmers focused on milk price but has been declining in real terms for decades. Dairy...

This paper addresses the financial risks faced by New York dairy farmers by discussing and developing prescriptive risk-contingent operating and mortgage loan contracts. It is argued that structured credit products with an imbedded contingent claim or price put option can effectively reduce or...