This paper examines alternative risk management strategies in terms of their effectiveness for three representative Alberta farm operations. Stochastic dynamic simulation methods are used to model financial performance for these farms, and alternative risk management programs are compared in...

This study evaluates the risk and returns to cattle feeding in Alberta from the application of alternative marketing and pricing strategies. Feedlot finishing of 650 pound calves and 800 pound yearlings is modeled over the years from 1980 to 1993. The results of the study are based on the...

Productive efficiency for Chinese hybrid and conventional rice production is estimated using a dual stochastic frontier efficiency decomposition model. Results reveal significant differences in technical and allocative efficiency between conventional and hybrid rice production, and indicate...

The World Trade Organization is currently formulating an agenda for a new round of global trade negotiations. Therefore, the likelihood of increased competition within Canada's supply managed dairy industry is probable. Consequently, there is agreater need for producers to be concerned with...

Introduction In recent years in Canada, direct support provided by governments to the agricultural sector has been decreasing due to international obligations under the General Agreement on Tariff and Trade/World Trade Organization (GATT/WTO) and the North American Free Trade Agreement (NAFTA)....