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This paper was presented at the INTERNATIONAL TRADE IN LIVESTOCK PRODUCTS SYMPOSIUM in Auckland, New Zealand, January 18-19, 2001. The Symposium was sponsored by: the International Agricultural Trade Research Consortium, the Venture Trust, Massey University, New Zealand, and the Centre for...
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As a result of economies of size, food processors are generally large and few in number. These characteristics put processors at a bargaining advantage over independent farmers. Marketing cooperatives were established to counter the uneven bargaining position of individual farmers. This article...
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From 1993 - 1995, Florida dairy cooperatives implemented a seasonal pricing plan in an attempt to decrease the variability in seasonal production. Farmers that participated in the seasonal pricing plan were able to reduce seasonality in each year when compared to 1992 by as much as 20 percent....
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In the early 1980s, a paradigm shift occurred in the field of food security, following Amartya Sens (1981) claims that food insecurity is more of a demand concern, affecting the poor's access to food, than a supply concern, affecting availability of food at the national level. Despite the wide...
Persistent link: https://www.econbiz.de/10005324788
The assumed global optimum solution obtained in linear programming is not an assumed characteristic of separable linear programming. Separable programming is non-linear programming and must possess certain sufficient conditions for a global optimum to be obtained. The global optimum conditions...
Persistent link: https://www.econbiz.de/10005327822
Given the approximate bilateral monopoly nature of Florida dairy industry (producers and processors), the monthly projected over-order premiums (i.e., the dollar amount above the Class I price) are determined by the generalized Nash bargaining model through the relevant prices, costs, bargaining...
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Legislation has prompted changes in milk price volatility. Milk price volatility impacts the producer's exposure to business risk which is compound by the firms financial risk. Financial risk is a function of the firms capital structure. In the short run it is difficult for the producer to...
Persistent link: https://www.econbiz.de/10005330775