Beef tenderness is critical in consumer satisfaction with beef steak products. Current fed cattle valuation systems do not differentiate carcasses based upon tenderness variation. However, considerable research indicates consumers are willing to pay more for tender relative to tough beef steak....

The economic stability and viability of farmers are issues of great concern to rural communities. Employing data from the Kansas Farm Management Association data bank, farm household income and price elasticities are estimated in this study. Results indicate that as consumption expenditures...

Suggested methods to reduce farm financial stress have included interest rate buy-downs and debt forgiveness. This study develops a method to estimate the proportion of individual farm financial stress attributable to an income problem, a leverage problem, and an interest rate problem. Of the...

Considerable efforts have been made to provide cow-calf producers with information to help them make informed decisions about adding value to calves. Despite demonstrated market incentives to retain calves, many producers still sell right after weaning. We postulate this observed behavior is...

The study estimates the determinants of technical inefficiency among the farmers that are participating in the Ondo State chapter of the National Directorate of Employment program in Nigeria. Using a tobit analysis, it was found that extension visits, higher education, land input and membership...

Easily accessible county data produced frontiers which substantially underestimated the reduction in risk by enrolling in the CRP. Furthermore, the county yield data portrayed an unattainable level of utility for a moderately risk averse farmer. Farm level data predicted CRP enrollment similar...

This study analyses short and long term safety first business risk associated with twenty six no-till transition strategies across four types of farms in eastern Washington. Risk of transition failure generated from risk averse criteria are also contrasted with a risk neutral criterion. Results...

Feeder calf prices are examined from a national video auction sales from 2004-2006. Many cattle, lot, and market characteristics significantly impact feeder cattle basis. Auction prices were adjusted for quality differences and for transportation costs and compared across regions. Basis was...

While government safety-net programs are used to mitigate the price risk for commodity producers, limited programs exist for specialty crop producers. Specialty crop producers utilize forward contracts to reduce downside price risk. In order to estimate the method of price-risk management, if...