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...

This study describes the development of bio economic models examining the economic and water quality impact of various proposed policy options in the Upper Waikato catchment. In the first phase nitrogen emissions are determined for representative farming systems using the Overseer nutrient...

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

Scope economies can be used in studies of farming systems to provide a measure of synergies between different farm enterprises and between activities within farm enterprises. In this paper, they are reported for farms in three benchmarking groups in Australia by estimating stochastic input...

The methodology of construction of the alternative agricultural production scenarios at regional level includes profitability and feasibility analysis based on assessment the effect of global climate change on productivity parameters for the main agricultural crops, cost efficiency of crop...

This study assesses the determinants of income diversification of farm households in the Western Region of Ghana. A censored Tobit regression model was used to find the determinants of the degree of income diversification measured by the Simpsons Index of Diversity (SID). The results indicate...

The aim of this research was an attempt at indicating the Polish agriculture’s place in the EU-27 agriculture basing on the outputs realized, the inputs and the results obtained by farms. Data from the FADN database was used. It was the weighted averages per farm in each of the 27 EU member...

The demand for U.S. feed grain is estimated using a six-equation simultaneous model. Four different utilizations of feed grain and feed grain price as well as the number of animal units fed are estimated. The reduced form of the model is used to provide forecasts of the endogenous variables for...

Cover page and table of contents for issue 41/2

This statistical bulletin consists of 285 tables of agricultural statistics for the People's Republic of China. The statistics cover land use, population, labor force, gross value of agricultural output, agricultural investment, crop production, crop sown area, state procurement, livestock...