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Shares held by three large processing firms of open-interest futures positions in soybeans, soybean meal, and soybean oil varied substantially among commodities and individual contract months during 11)57-66. Concentration was frequently higher in soybean meal tllan in soybean oil, and lowest in...
Persistent link: https://www.econbiz.de/10010882104
Farm numbers and average farm size in the United States have held about constant since the 1974 Census. but the … on observations of recent changes Previous applications to the US farm sector have met With difficulty because of a lack … future distribution of farms by acres per farm will be more like the present than the present is like the past …
Persistent link: https://www.econbiz.de/10010882006
Self-appraisal--serious self-appraisal--is often recommended, rarely practiced. But the following article is a serious effort to set down and appraise the process or methods by which the Bureau of Agricultural Economics does develop its appraisal of the general economic situation which plays so...
Persistent link: https://www.econbiz.de/10010919596
Realized net income of farm operators reached a postwar high of 16.8 billion dollars in .1947 and declined to a postwar … annual estimates do not measure the full swing from high to low. To overcome this handicap in the historical record of farm … income, and to provide a foundation for more frequent and more up-to-date appraisal of the farm income situation in the …
Persistent link: https://www.econbiz.de/10010919725
This article reviews economic and accounting bases for costs-of-production (COP) calculations It finds that the problems of circularity of arguments, potential cost� price spirals, and escalating land values are Inherent m all full COP methods of setting support prices Inflation, Income tax...
Persistent link: https://www.econbiz.de/10010919884
This article examines the role of agriculture in economic development in three Asian countries Japan, Korea, and Taiwan Agricultural output increased substantially and agricultural exports were achieved at the initial stage of economic development on Japan and Taiwan In Korea, however,...
Persistent link: https://www.econbiz.de/10010881942
This article investigates the possibilities of including policy choices directly into a sector model that simulates an economic equilibrium It uses a mathematical programming framework because these models have wide applicability in agricultural sector analysis The objective function is...
Persistent link: https://www.econbiz.de/10010882015
Variations in individual fann characteristics and behavior of farm operators are taken into account in a procedure for … adjusted for changes in individual farm situations on the basis of the socioeconomic characteristics of individual farmers and …
Persistent link: https://www.econbiz.de/10010882065
Persistent link: https://www.econbiz.de/10010919313
The author modified a numerical procedure developed by Cox, Ross, and Rubinstein for valuing options on stocks to value options on commodity futures contracts The numerical procedure, unlike Black's widely used analytical approach, can include the value of early exercise in the option-premium...
Persistent link: https://www.econbiz.de/10010919424