Showing 1 - 10 of 86
Socioeconomic and production system characteristics of a sample of Oklahoma sheep producers were employed to examine the decision to use or not use an electronic market for slaughter lambs. Producer attributes that influence electronic market use were identified with qualitative choice models....
Persistent link: https://www.econbiz.de/10005805459
Past value-added research employs hedonic pricing models to estimate premiums associated with value-added feeder cattle characteristics. However, hedonic pricing models require restrictive assumptions and impose a functional form. Producers also self-select into a treatment group, potentially...
Persistent link: https://www.econbiz.de/10010918085
This study investigates the impact of six major USDA reports in hog and cattle markets: Cattle; Cattle on Feed; Cold Storage; Hogs and Pigs; Livestock, Dairy, and Poultry Outlook (LDPO); and World Agricultural Supply and Demand Estimates (WASDE). A TARCH-in-mean model, with dummy variables to measure...
Persistent link: https://www.econbiz.de/10005525445
Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making … choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated … fed cattle price and price risk differences across marketing arrangements. The analysis uses data representing cattle …
Persistent link: https://www.econbiz.de/10005525460
Geographic fed cattle markets are important because cattle are bulky and perishable, and production and consumption areas are separated. These characteristics make cattle transportation costly and can contribute to segmented markets. This study uses USDA-AMS reported fed cattle market price data...
Persistent link: https://www.econbiz.de/10005330379
This study presents a conceptual model for the analysis of avian influenza mitigation options within the small poultry farm sector (backyard flocks). The proposed model incorporates epidemiological susceptible-infected-recovered (SIR) methodology into an economic cost-minimization framework. The...
Persistent link: https://www.econbiz.de/10005805354
Weather conditions are a primary source of dairy production risk. Hot and humid weather induces heat stress, which reduces lactation. Heat abatement, such as ventilation, directly affects the temperature and humidity. Abatement can increase expected profit, but cannot eliminate the lost revenue...
Persistent link: https://www.econbiz.de/10005805424
The discovery of the first case of mad cow disease in the United States in 2003 reverberated across the beef and cattle industry. This study employs a general equilibrium model to analyze the potential economic effects of mad cow disease on the beef, cattle, and other meat industries under three...
Persistent link: https://www.econbiz.de/10005805460
This study uses an error correction model (ECM) to investigate dynamics in farm-retail price relationships. The ECM is a more general method of incorporating dynamics and the long-run, steady-state relationships between farm and retail prices than has been used to data. Monthly data for beef and...
Persistent link: https://www.econbiz.de/10005805465
Successful risk management strategies for agribusiness firms based on futures and options contracts are contingent on their ability to accurately forecast basis. This research addresses three primary questions as they relate to basis forecasting accuracy: (a) What is the impact of adopting a...
Persistent link: https://www.econbiz.de/10005805467