Public risk management policies for dairy producers have the potential to induce expansion in milk supplies, which might lower farm-level prices and offset risk-reduction benefits. An evaluation of USDA's Livestock Gross Margin-Dairy (LGM-Dairy) insurance program finds economic downside risk...

This study evaluated the county-level impact of equine sales and horse racing on business activity in six other industries. In Fayette County, Kentucky, the results suggested that equine activities substantially increase the number of establishments, payroll, and sales in the hospitality,...

This work examines feeder cattle pricing factors from internet auctions and preconditioned feeder calf sales. In addition to examining traditional pricing factors, factors were also examined relating to the marketing conditions and characteristics of the feeder cattle sold. A negative...

This case study evaluates milk input price-risk management strategies for a processor of refrigerated dairy products. The firm perceives price risk both when milk costs are over budget and when budgets are too conservative. Price-forecast­ ing models produced mean absolute percentage errors...

ABSTRACT Past studies have shown that country of origin labeling (COOL) affects consumers’ demand for food products. However, besides the rationale of ethnocentrism or the desire to support domestic farmers, the underlying motivation for such behavior is not well understood. This study...

U.S. Department of Agriculture's Dairy Options Pilot Program promoted hedging by producers, and was a test case for similar programs in other agricultural industries. Rapidly shifting milk pricing policies impeded quantitative hedging evaluations while the program was active. Hedging appears...

"This analysis employed a highly disaggregated household data set of Alberta and Ontario fast food purchases from May 2000 to May 2005. A double-hurdle count data model allowed tests of the hypotheses that frequency of <roman>Bovine spongiform encephalopathy</roman>" ("BSE) media coverage affected neither a...

Levels of conjugated linoleic acid, which may help prevent cancer, can be elevated in milk. A sensory evaluation, willingness-to-pay survey, and feasibility analysis suggest that profit potential exists for producers serving niche markets via small-scale processing ventures. Households with...