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Persistent link: https://www.econbiz.de/10009021526
Drawing on survey data, this paper identifies the determinants of variations in farm gate milk prices for three CIS … marketing cooperative has a significant, positive, albeit modest, effect on farm gate milk prices. In all three countries …
Persistent link: https://www.econbiz.de/10009021539
The New York State Milk Price Gouging Law establishes that the retail prices of fluid milk products are not to exceed … 200% of the prices that NYS milk processors pay for Class I milk. The enforcement of this law significantly affected the … nature of the Class I fluid milk price transmission process and the milk pricing strategies of supermarkets in the five …
Persistent link: https://www.econbiz.de/10009024953
This paper explores the factors that impact insurance choices. Specially designed survey questions allow one to fully observe the demand tendency by the farmers and partially observe the supply tendency by the insurance company. A joint estimation of insurance decision by both supply and demand...
Persistent link: https://www.econbiz.de/10009002473
We find sale prices and net revenues received by sellers in the Midwestern club pig market are higher at traditional face-to-face auctions than at comparable Internet auctions. The comparison overcomes adverse selection issues that commonly plague such analyses by using data from sellers that...
Persistent link: https://www.econbiz.de/10009002533
Using a national survey, double hurdle models are estimated to examine the impact of farmers’ risk attitude on use of production and marketing contracts. Risk averse farmers are less likely to use contracts but risk attitude does not have any significant impact on the intensity at which...
Persistent link: https://www.econbiz.de/10009020981
This paper determines the dynamic interaction between prices of corn, soybean, grain sorghum (milo), wheat, feeder cattle and live (fed) cattle by taking into account the surge in corn consumption stemming from the boost of mandated ethanol production. Corn is a major carbohydrate-feed component...
Persistent link: https://www.econbiz.de/10009020996
The new empirical industrial organization approach with the Bertrand model is employed to measure the oligopsony market power in the U.S. cattle procurement market. The assumption of price competition (Bertrand model) based on the nature of cattle production such as cattle cycle and seasonality...
Persistent link: https://www.econbiz.de/10009021095
The mandatory Country of Origin Labeling (COOL) troubles beef exporters to the U.S. This study evaluates the extent that U.S. consumers are receptive to imported steak and their perception of food safety level of beef from various countries. In addition, using conjoint analysis, willingness to...
Persistent link: https://www.econbiz.de/10009021123
Foodborne illness continues to be a significant problem and food traceability may help reduce the number and severity of outbreaks. One technology that could improve food tracing is radio frequency identification tags or RFID. However, some consumers may oppose the use of this technology because...
Persistent link: https://www.econbiz.de/10009021209