There has been an increase in support for developing genetic modification (GM) technology in wheat. The purpose of this paper was to develop an analytical model to analyze the value of GM traits at different phases of development. To do so we developed a stochastic binomial model of real...

This study applies a Data Envelopment Analysis (DEA) approach to analyze total factor productivity, technology, and efficiency changes in Chinese agricultural production from 1984 to 1993. Twenty- nine provinces in China were classified into advanced-technology and low-technology categories. The...

A normalized Quadratic Cost function is estimated using data from 1998-2003 to analyze the cost structure of North Dakota farms. Results indicate that there is overall evidence of increasing returns to scale. However, we do not find differences in efficiency across the different farm sizes....

Farmers in America's Heartland are paying increasing attention to emerging trends of consolidation of farm firms, contractual and ownership linkages across input suppliers/processor and farm firms, and strategic partnering across the stages of food production, processing, and the firms that do...