Indonesia’s domestic broiler production has grown rapidly, in part because of a ban on imports of poultry parts and strict inspection and meat certification requirements. Whether Indonesia will continue to protect the domestic broiler sector and import feed grains and other inputs or whether it...

Models of agricultural economics typically operate at an annual basis or in a static equilibriumframework where inputs, outputs and their prices may change considerably. Production dynamics,however, imply that models relying on spatial and temporal aggregation do not capture the effects...

Recent studies have tested whether futures prices respond to U.S. Department of Agriculture inventory reports in accordance with the efficient markets hypothesis. These studies use survey forecasts to identify the anticipated and unanticipated information contained in a report. However, this...

This study was conducted to analyze the direct and indirect effects of ethanol policy on livestock production. Results of the theoretical model indicate the possibility of ethanol policy indirectly affecting livestock production. Econometric results show a possibility of ethanol policy...

Pasture management in floodplains, adjusting to the natural cycles, has important environmental and social welfare functions. It can only be implemented if there is a balance between the interests of society and those of economy. This paper uses a theoretical model to assess the profitability...

This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

Cow-calf producers face an annual decision on when to sell their calves. They can sell them at any point between weaning and slaughter, with the objective of finding the profit maximizing selling point. This paper investigates the use of price signals to determine profit maximizing selling...

This report sets out some broad ideas about how poverty evaluation could be conducted for ACIAR research projects. As with good benefit–cost analysis, there are good practices that need to be observed when undertaking poverty analysis. While poverty is a broad concept, and can be addressed...

Cattle feeding enterprises operate amid variability originating in prices and production. Thisresearch explicitly models yield risks related to cattle feeding by relating the mean and varianceof yield performance factors to observable conditioning variables. The results demonstratethat pen...

The agricultural economics literature, both academic and trade, has discussed theassumed presence of cycles in livestock markets such as cattle and hogs for a very longtime. Since Jarvis (1974), there has been considerable discussion over how these cyclesimpact optimal economic decision making....