Reasonably high stocking densities generally lead to high profit for steer grazing enterprises. However, higher stocking densities result in high microbial counts, creating food safety concerns, especially with the advent of BSE in recent years. This study explores the impact of production and...

The debate over the safety of genetically modified organisms (GMO's) has varied greatly in intensity. In Europe, the debate has been vigorous and European consumers have, in general, been extremely skeptical of the technology and unwilling to assume the risks associated with GMOs. Many retailers...

This document contains the PowerPoint presentation given by the authors at the 2002 WCC-72 meetings, regarding food safety shocks and their effect on international competitiveness.

In 2002, consumers from Chicago and Denver participated in an experimental auction and taste panel to elicit willingness to pay for beef originating from the United States, Australia and Canada. Approximately 69% of the consumers were willing to pay a premium of 19% more for a Guaranteed U.S...

This study analyzes the effects of eliminating direct payments paid to cotton farmers in the U.S. Our results suggest that while the impact of eliminating direct payments on domestic production is offset to some extent by rising prices, the more significant effect is on farmers’ net income.

Paper presented at 69th ICAC Meetings, Lubbock, TX, September 2010

Economic Fundamentals - Real GDP growth is projected to be stable at about 2.1% per year in developed countries and 5.8% in developing nations. A more favorable exchange rate between Chinese Yuan and the U.S. dollar may make U.S. cotton more affordable to China’s growing cotton textile industry.

The implications of and export tax on sectoral economic growth in the cotton and yarn sectors in Pakistan are examined. Pakistan utilized an export tax on raw cotton fiber from 1988-1995 in order to lower input cost to domestic yarn spinners. The growth effects are simulated based on the results...

The proposed 2007 farm bill contains fundamental shifts in policy option mainly dictated by a desire to render the U.S. agriculture “more market oriented’ and the programs less costly to the U.S. treasury. The proposal adopts a revenue-based counter cyclical payment while maintaining the...