Replaced with revised version of paper 06/04/09.

A growing number of beef cattle producers in the US are using limited information to determine whether or not it would be economical for them to grow naturally produced cattle. The objective was to discover the attributes that marketing companies prefer for the naturally produced cattle they...

Factors influencing the profitability of retaining and feeding cull cows beyond culling were investigated. First, a price response function is estimated using 19 years of monthly price data as reported by Agricultural Market Services (AMS). Net returns are then estimated using data from a three...

Abstract Hoop house plasticulture has been promoted as a production technology that allows fruit and vegetable crops to be grown in the cool season months in early spring and late fall. At this time little information regarding the economics of hoop house plasticulture is available. Two fruit...

Past value-added research employs hedonic pricing models to estimate premiums associated with value-added feeder cattle characteristics. However, hedonic pricing models require restrictive assumptions and impose a functional form. Producers also self-select into a treatment group, potentially...

This article investigates the Impacts on the rice industry of increased price variability caused by the shift from stable economic conditions and a farm policy of supply control m the sixties to more variable economic conditions and a market-oriented farm policy in the seventies, The increased...

Years of research have been dedicated to determining the best time for producers to sell their commodities. Researchers have developed basis models, market efficiency tests, hedging/risk models, price forecasting models, and many other models in an attempt to help producers. There is a vast...

The inaccuracy of the Black-Scholes formula arises from two aspects: the formula is for European options while most real option contracts are American; the formula is based on the assumption that underlying asset prices follow a lognormal distribution while in the real world asset prices cannot...