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

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...

TECHSIM, a regional field crop and national livestock econometric simulation model, evaluates impacts of technological change Unlike other econometric models specified and constructed in an ad hoc fashion, TECHSIM makes practical use of theory by incorporating a priori information regarding the...