In processing industries, plant location decisions are costly and have consequences for firm profitability. When raw materials are heavy or perishable, transportation costs limit shipping distances and processors must compete locally for raw material inputs. To determine the likely profitability...

Embora os produtores de gado nem sempre se comportem como uma empresa, precisam agir como tal para se manter no mercado, cada vez mais concentrado e profissionalizado nas etapas seguintes à de engorda – industrialização, atacado e varejo. O desafio para o pecuarista é grande, dada a...

We find sale prices and net revenues received by sellers in the Midwestern club pig market are higher at traditional face-to-face auctions than at comparable Internet auctions. The comparison overcomes adverse selection issues that commonly plague such analyses by using data from sellers that...

This paper determines the dynamic interaction between prices of corn, soybean, grain sorghum (milo), wheat, feeder cattle and live (fed) cattle by taking into account the surge in corn consumption stemming from the boost of mandated ethanol production. Corn is a major carbohydrate-feed component...

The agricultural economics literature, both academic and trade, has discussed theassumed presence of cycles in livestock markets such as cattle and hogs for a very longtime. Since Jarvis (1974), there has been considerable discussion over how these cyclesimpact optimal economic decision making....

A changing world of increasing complexity, fluctuating prices, high energy costs and limited data necessitate creative blending of economic theory and available empirical statistics to understand the welfare impacts in a specific market. In this paper, a programming approach is used in tandem...

Bolivia is one of the largest developing countries inSouth America that has been received the aid from theinternational cooperation since the seventies. Manyprogrammes and projects were implemented across theterritories of the country in the aim to reduce the poverty.However, the experiences...

Research on environmental regulation’s effects on economic activity has largely focused on manufacturing, ignoring one of the major polluters in the U.S. – commercial agriculture. As livestock production has become increasingly mobile, regulation has become an important criterion in firm...

The increasing use of production contracts in the hog sector has reduced the number of spot market transactions, raised concerns about price manipulation and helped to spur legislation requiring price reporting by packers. Using data from the 2002 and 2007 Censuses of Agriculture, this study...