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Revenue insurance with shallow loss protection for farmers has been introduced recently. A common attribute of most shallow loss proposals is that they would be area-revenue triggered. The impact on optimal hedge ratios of combining these shallow loss insurance proposals with deep loss...
Persistent link: https://www.econbiz.de/10010880649
Recent spikes in commodity prices have led to higher margin amounts and option premiums. For the most part, producers have always attributed their lack of use in reducing risk via futures and options markets to the high cost associated with the use of these markets. This study determines the...
Persistent link: https://www.econbiz.de/10009368371
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....
Persistent link: https://www.econbiz.de/10005469126
Using USDA’s Agricultural Resource Management Survey data, factors leading to the adoption of technology, management practices, and production systems by U.S. beef cow-calf producers are analyzed. Binary logit regression models are used to determine impacts of vertical integration; region...
Persistent link: https://www.econbiz.de/10011142820
The local foods movement and alternatives to traditional agriculture are gaining considerable interest, not only in Kentucky, but throughout the country. This research provides information that may aid farmers in the decision to invest or not in the alternative agricultural enterprise of...
Persistent link: https://www.econbiz.de/10010880629
The objective of this study is to assess the scale and technical efficiencies and other economic performance measures of southeastern U.S. cow-calf farms. We describe and compare cow-calf operations by size and farm resource region and measure their relative competitiveness. We estimate an input...
Persistent link: https://www.econbiz.de/10010880630
Market channel alternatives that include garden centers, landscapers, mass merchandisers and re-wholesalers have contributed to the growth of ornamental crops sales in the United States (U. S.). The homogenous subpopulation of the U.S. nursery producer was clustered using mixture of export...
Persistent link: https://www.econbiz.de/10010880646
Mechanization and technological advancement has been the cornerstone of agricultural prosperity in the United States and has served as a flagship to the rest of the world. Farm machinery and equipment sales for the three largest manufactures in 2011 reached nearly $60 billion and higher sales...
Persistent link: https://www.econbiz.de/10010880651
Arkansas is the top domestic rice producer, representing nearly half of total U.S. rice production. Rice is a high-cost crop relative to other field crops in Arkansas, and production costs for rice have increased significantly since the mid 2000s due to rapidly increasing fuel and fertilizer...
Persistent link: https://www.econbiz.de/10010880654
This article examines what differentiates "socially responsible" farmers (i.e., those who rank environmental benefits higher than profit, based on a Likert style ranking) from farmers who make decisions based solely on financial criteria. A proportional odds model (POM) is proposed to estimate...
Persistent link: https://www.econbiz.de/10010880660