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...

Includes cover page, journal info, contents page, and editorial information

This paper investigates the impact of an expansion in agricultural processing on the Western Australian economy by modifying and applying a Computable General Equilibrium (CGE) economic model of Western Australia (called WAM). WAM was used to simulate the effects of a $1 million expansion in...

Cover page and table of contents for issue 41/2

Includes: Back Cover, JAAE Manuscript Submission Guidelines, Executive Officers, Membership and Subscription Information

This report was prepared by the Federal/Provincial/Territorial (FPT) Working Group (WG) on Economic Analysis at the request of FPT Assistant Deputy Ministers (ADMs) in an effort to study the challenges and opportunities that are arising from the trends and factors affecting the sector's long...

This report is the first chapter of the final report prepared by the Federal/Provincial/Territorial (FPT) Working Group (WG) on Economic Analysis at the request of FPT Assistant Deputy Ministers (ADMs), in a joint FPT effort to study the challenges and opportunities facing the agriculture and...

This report summarizes the financial and production records of 18 dairy farms across the Upper Peninsula (UP) of Michigan. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State...

This report summarizes the financial and production records of 104 dairy farms from throughout Michigan in 2009. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s...