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...

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This paper focuses on identifying shifts in the tax burden within agriculture associated with various flat tax proposals by comparing their effects on farms with different enterprise combinations, resource bases, and financial characteristics. In general, the flat tax imposes higher average tax...

This paper uses dynamic simulation analysis to consider the likely consequences of the 1988 Japanese Beef Market Access Agreement (BMAA) on the Japanese livestock industry and beef imports. Using a simultaneous equations, econometric model of Japanese livestock markets, a forecast baseline up to...

Cattle production has been a major source of agricultural deforestation in Brazil's Amazon rainforest. Brazilian credit subsidies have been blamed for speeding cattle expansion and thus deforestation. A stochastic coefficients regression approach was used to quantify the effects of credit...

The IFAMR is published quarterly by the International Food and Agribusiness Management Association. www.ifama.org

En 2002, un programme national d'amélioration de la qualité des produits agricoles a été lancé dans le cadre du projet « renforcement des services d’appui à l’agriculture » en collaboration avec la Banque Mondiale. Ce programme vise la promotion de la qualité des viandes depuis le...

Pig movements are likely to play a signficant role in the spread of important infectious diseases such as the African Swine Fever. Characterization of movement networks from farm-to-farm and through other types of farm or household operations can provide useful information on the role that...