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Net farm income in North Dakota was at near record levels for most representative farms in 2011. However income in 2021 is projected to be lower than in 2011. Commodity prices are expected to decrease slowly from current levels. Commodity yields are projected to increase at historical trend-line...
Persistent link: https://www.econbiz.de/10010909468
Genetically modified (GM) grains have increased in importance. Moving biotech grains from producers to processors is a challenge for the grain handling system that could involve increased segregations. The objective of this research is to determine how testing strategies affect the logistical...
Persistent link: https://www.econbiz.de/10005331065
utility (minimizes disutility) of additional system costs due to testing and rejection and allows estimation of the risk …. Elements of costs (testing costs, rejection costs, and risk premium) were estimated for a base model representing a grain … export chain. The model includes elements of costs and risks for uncertainties within the marketing chain including risk of …
Persistent link: https://www.econbiz.de/10005331085
A number of challenges exist for genetically modified (GM) crop development at the production level. Contract strategies can resolve these challenges. Contracts can be designed to induce legal adoption of GM wheat by varying technology fees, violation detection, and penalties. The primary...
Persistent link: https://www.econbiz.de/10005338092
risk premium required for sellers to undertake a dual marketing system with GM/Non-GM segregations over the current Non …-GM system. Elements of costs (testing costs, rejection costs, and risk premium) were estimated for a base model representing a … risk of adventitious commingling at all stages of the marketing chain, grower truth-telling, variety declaration, and …
Persistent link: https://www.econbiz.de/10005338102
Net farm income in North Dakota was at record levels for most representative farms in 2010. However income in 2020 is projected to be lower than in 2010. Commodity prices are expected to decrease slowly from current levels. Commodity yields are projected to increase at historical trend-line...
Persistent link: https://www.econbiz.de/10009323046
other crops which have a range of risk reduction mechanisms. Alternative contracting strategies were evaluated by comparing …. Grower and processor risk preferences varied by region. Producers and processors preferences differed for contract …
Persistent link: https://www.econbiz.de/10008693736
is respecified. Management is redefined as a specialized type of labor and two additional resources, information and risk … bearing capacity, are added. Profits accrue not to management but to those able to bear the risk inherent in production …
Persistent link: https://www.econbiz.de/10005806330
Net farm income for nearly all representative farms in 2016 is projected to be higher than in 2006. Low-profit farms, which comprise 20% of the farms in the study, may not have financial resiliency to survive without off-farm income. Commodity prices and yields are projected to increase slightly...
Persistent link: https://www.econbiz.de/10005806337
Net farm income for all representative farms in 2018 is projected to be lower than in 2008. Low-profit farms, which comprise 20% of the farms in the study, may not have financial resiliency to survive without off-farm income. Commodity prices are expected to fall from current levels however the...
Persistent link: https://www.econbiz.de/10008549255