Many Thoroughbred stallions are being bred to increasing numbers of mares. This practice raises the question of how progeny value is affected by an increased supply of foals by the same sire, which ultimately influences the sire’s value. This paper addresses that question. Three of the...

Personal interviews were conducted with 52 Louisiana cow-calf producers todetermine their preferences for a livestock revenue insurance (LRI) product.Conjoint analysis was utilized to determine the importance of selected attributesof insurance policies for these producers. Two-limit tobit models...

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...

To create and sustain a competitive advantage in markets that increasingly value animal welfare attributes, meat companies need to meet public and private production standards while communicating to final consumers through their brands. Data are collected from a representative sample of 460 U.S....

Cattle feeding enterprises operate amid variability originating in prices and production. Thisresearch explicitly models yield risks related to cattle feeding by relating the mean and varianceof yield performance factors to observable conditioning variables. The results demonstratethat pen...

This study offers an alternative to the traditional Transaction Cost Economics view of the treatment of information by viewing co-ordinated supply chains as a series of Principal-Agent relationships, and draws on Perceived Risk Theory to explain both consumer and organisational behaviour. Using...

A long-standing puzzle in labor economics has been the positive relationship between wages and firm size. Even after controlling for worker's observed characteristics such as education, work experience, gender, and geographic location, a significant firm size wage effect averaging 15 percent...

A helyzetfelmérés eredményeként megállapítható, hogy a magyar baromfi ágazatlegfőbb problémája a nemzetközi versenyképesség romlása. Ennek számos következményelehet, ami közvetlenül vagy közvetve érinti a fenntarthatóság három pillérét,a gazdasági, társadalmi és...

We examined four evolution paths of the biofuel sector using a partial equilibrium worldagricultural sector model in CARD that includes the new RFS in the 2007 EISA, a two-wayrelationship between fossil energy and biofuel markets, and a new trend toward corn oilextraction in ethanol plants. At...

The relationship between complete-feed prices and ingredient prices is estimated in order to analyze the effect of higher commodity prices on feed costs, with particular attention paid to the substitutability of corn distillers dried grains with solubles (DDGS). Using the historical price...