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...

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

Cover page and table of contents for issue 41/2

The size of the cost to the Australian beef industry of a potential loss of major beef export markets following an outbreak of foot and mouth disease (FMD) in Australia is important in determining appropriate precautions. The size of this cost is evaluated with a dynamic bioeconomic model of...

Small and limited resource farmers and landowners in the Alabama Black Belt region face many challenges as they seek to make their farms and forestlands profitable, productive and environmentally sustainable. A host of problems—farmland conversion, urbanization pressures, reductions in water...

This 2011 report provides an economic overview of the Canadian agriculture and agri-food system. It is meant to be a multi-purpose reference document to provide: an introduction to the agriculture and agri-food system; a snapshot of structural changes that are occurring throughout the system in...

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 seeks to identify interproduct relationships between domestic catfish and a representative selection of imported seafood. In doing so, this study uses multivariate cointegration and structural analyses. Multivariate cointegration analysis suggests that six imported seafood product...