Using monthly data, we find evidence of both short- and long-run asymmetry of price transmission from peanut to peanut butter prices. This suggests that the asymmetry is more likely a result of imperfect competition than of competitive profit maximizing inventory management. Effects of producer...

The paper reports preliminary results of non-parametric analysis of historical and crop model generated peanut yield series in the Southwest Georgia. The results suggest ENSO phase dependent differences in yield distributions that are similar for both the simulated and actual series. The...

We use survey data to study the level of financing constrains faced by new farmers in Alabama post 2008, and identify who got loans. We find that new farmers are financially constrained but not impacted by the crisis. Lending was collateral driven, although lenders also considered profitability...

We analyze the impact of climate change on agricultural production in 13 Asian countries for 1998-2007 estimating country-level FE panel model using climate variables. Higher summer temperature and rainfall increase production, higher fall temperature decreases it in Southeast Asia, and increase...

In this paper, we analyze the impact of the Microbial Inoculants (MI) Technology on apple yields and pesticide application using 2007 farm data. The results show that pesticide usage is not reduced by MI applications. However, there is a significant positive effect on the yields. Apple...

This paper evaluates the relevance of weather and climate data in explaining county-level crop disaster payments in Georgia. Following previous research, regional socio-economic and community data are also used to control for factors other than weather. While weather and ENSO data explain the...

Expanding ethanol markets, abundance of water resources, and predominance of rainfed corn production in Alabama suggest possibility of irrigating cornfields. Numerical analysis shows that irrigated production becomes more preferable with higher corn prices and risk aversion. Adoption threshold...

In the paper, preliminary results of the analysis of potential use of climate forecast information in designing rainfall index insurance in the southeastern region of the U.S. are reported. Joint distributions of bi-monthly rainfall and El Nino Southern Oscillation (ENSO) indexes are estimated...

Farmland in Florida has undergone extensive conversion into residential and commercial uses. A censored survival model is applied to examine the timing of land use change using parcel-level data from Lee County, 1988-2008. Results suggest that flood and hurricane risks affect conversion timing...

Rainfall Index insurance is a pilot insurance product offered to producers of hay and pasture in 9 states. This analysis examines the expected payoff of the RI insurance for bi-monthly periods based on rainfall shortage probabilities in alternative climate phases. Differences in expected returns...