This paper is an overview of important findings regarding the ongoing evolution of Asian dairy markets based on a series of new economic investigations. These investigations provide systematic empirical foundations for assessing Asian dairy markets with their new consumption patterns, changing...

A better understanding of the relationship between a state's agricultural sector and the national agricultural economy increases the ability of agricultural interest groups to anticipate and understand policy developments. This paper develops and documents a state-level model of the Iowa...

Land use changes to sequester carbon also provide "co-benefits," some of which (for example, water quality) have attracted at least as much attention as carbon storage. The non-separability of these co-benefits presents a challenge for policy design. If carbon markets are employed, then social...

Land reform and asset privatization are essential to the transformation of agriculture from a state controlled to privately operated sector and to its future development in a market oriented economy. Although these are necessary conditions for economic development under a market oriented regime,...

Newly proposed rules governing future CRP enrollments are causing concern among groups interested in using CRP to maintain and enhance waterfowl habitat in the region. A collaborative effort between economists at the Center for Agricultural and Rural Development at Iowa State University and...

This study provides a comparative economic analysis of the primary production of pork and its marketing channel in Spain and the United States. The focus on Spain is due to the profound growth and transformation of its pork sector over the last 20 years, compared with other major players in the...

Production and hedging in both forward and options markets are analyzed for forward-looking firms that maximize expected utility. In the presence of unbiased forward and options prices, it is shown that such firms will use options as hedging instruments. This result contrasts with the...

An important dimension of product differentiation and segregation for specialty crops is the added handling and transaction costs incurred. Some forms of business organization may realize lower costs of providing such services, and if specialty crop production is growing relative to commodity...

People concerned with planning and analysis of the agricultural sector are faced with two general problems which in turn gives rise for two general types of models. One problem involves positive or predictive models which attempt to predict the "real world" as it actually exists based on...

Atrazine is the most widely used herbicide for corn and sorghum and the most commonly encountered in surface water and groundwater. In addition to water quality problems, atrazine poses hazards through atmospheric transport, food residues, and exposure of applicators and wildlife. If atrazine...