A new paradigm is needed in extension marketing programs. Attempts to help producers time the market, either through cask sales or futures trading, appear to be of little benefit. Marketing extension programs need to place less emphasis on outlook and futures trading and more emphasis on simple...

This study examines the impact of cool season grass quality characteristics on pricing and net returns in niche equine feed markets. A hedonic analysis of Timothy grass hay prices in Nevada was performed to determine the implicit values of its quality characteristics. A Monte Carlo simulation...

The twin problems of moral hazard and adverse selection are often blamed for the lack of insurance for many fruits and vegetables. This paper develops an alternative method of testing for adverse selection that uses a two-stage approach to determine the effects of technical inefficiency on the...

Excessive government losses and pressure from end users of peanuts have increased the likelihood of a peanut support price and quota reduction in the 1995 farm bill. This study analyzes the economic impacts of reducing the national quota support price on North Carolina farm income and rural...

There are many expenditure options available to farmers who received a tobacco buyout check. A multinomial probit model is used to analyze how farmer, business, and household characteristics influence the choice of expenditure option. Results of the study show that farmers tend to use the...

Five-year, 0-1 mixed integer programming models of two representative Alabama farms were developed for analyzing the effects of the Boll Weevil Eradication (BWE) program on farm program participation and crop-mix decisions by Alabama cotton farmers. In previous research the BWE program was found...