In spite of media reports to the contrary, the higher corn prices have not impacted the retail price of meat and milk - yet. Through mid-2008 supplies of beef, pork, poultry and milk are all higher than they were a year earlier and producers are absorbing the loss from higher feed costs....

Human toxoplasmosis is an infection that has multiple sources: consumption of pork and lamb, water, and handling cat litter and garden soil. While some are, many are not related to livestock production methods. Therefore, there are weak market signals to farmers to change pig production systems,...

We analyse the consequences on agricultural markets of enlargement of the European Union (EU) to include the Czech Republic, Hungary, and Poland. We produce a market outlook up to 2010 for two enlargement scenarios assuming different policy restrictions on grain and dairy production in the...

This is a study of the major economic attributes and economic impacts of Iowa’s insurance industry. In all, the state’s competitive position nationally in the insurance industry has improved strongly over the past decade. At the same time, the industry has become an increasingly important...

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In this paper, we examine command-and-control (CAC) policies and market-based instruments (MBI) in the context of the Conservation Reserve Program (CRP). The CRP, an MBI in the form of subsidies, is by far the largest agro-environmental policy implemented to date. We compare the environmental...

A brief overview of agent-based computational economics (ACE) is given, followed by synopses of the articles included in this special ACE issue.

The components of social costs included in the supply analysis are cash outlays and opportunity costs associated with harvest and alternative residue uses, potential environmental damage that is avoided by excluding unsuitable land, and costs in moving residues from farms to processing plants....

In this article we extend previous BMOM results by showing how information about a variance parameter and its relation to regression coefficients produces a rich class of postdata densities for regression parameters. Prediction and model selection techniques are also described. We also discuss...