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Extension marketing economists were surveyed to determine whether they are using available research results and whether research is being conducted on topics relevant to extension marketing economists. In some cases, the beliefs of extension marketing economists differ from recent research...
Persistent link: https://www.econbiz.de/10005220900
Most new futures contracts fail. This study estimates the effects of several factors on the success or failure of agricultural futures contracts. Commodities with futures markets and without futures markets are included. Characteristics for which no data exist, such as homogeneity, vertical...
Persistent link: https://www.econbiz.de/10005339060
The Hennessy and Wahl model of optimal grain blending and segregation (GBS) is extended to the case where it is not possible to separate components within a load. Analytical solutions are not available when segregation is the optimal strategy, and so solutions are obtained with nonlinear...
Persistent link: https://www.econbiz.de/10005807822
This article determines the effect of rounding (pointing-off) of grade percentages to the nearest whole number on the probability distribution of regrading in the peanut industry. Results show that rounding causes graders to have to regrade an extra 4% of samples even when they follow all...
Persistent link: https://www.econbiz.de/10005807828
Neural network models were compared to traditional forecasting methods in forecasting the quarterly and monthly farm price of hogs. A quarterly neural network model forecasted poorly in comparison to a quarterly econometric model. A monthly neural network model outperformed a monthly ARIMA model...
Persistent link: https://www.econbiz.de/10008550396
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...
Persistent link: https://www.econbiz.de/10008533303