Federal, state and local governments have funded various efforts to support value added agriculture, often implicitly assuming that the enterprises would be profitable and that the transition from commodity producer to producer-processor-marketer-distributor would be relatively easy. Some...

This paper examines the diffusion of specific rice varieties, as opposed to variety classes in the previous literature. Using simulation techniques to incorporate risk into the diffusion path, new variety product life cycle diffusion is projected with implications for breeders, researchers, and...

The U.S. sheep inventory has been declining for many years. To further investigate this trend, an econometric sector model using single demand equations was developed to analyze the impacts of two alternative levels of wool marketing loan rates.

For more than thirty years, studies about the effect of the exchange rate on exports have been conducted. However, few have considered the combined effect of the exchange rate on imported inputs into the agricultural system and the exports of final agricultural products those inputs produce. A...

The marketing loan program associated with rice features benefits calculated using a USDA-announced World Market Price (WMP) rather than the posted county prices that are used for most other commodities. This results in reduced risk protection for producers relative to other crops, and greater...