Agricultural producers have used futures markets to manage price risk, confident that 1) cash and futures prices move together over time, 2) cash and futures prices converge as the contract approaches expiration, and 3) funds held in margin accounts as a performance bond were secure in...

Selecting the best wheat varieties affects producers’ profit and financial risk. This study identifies the optimal wheat variety selection using the portfolio approach at various risk aversion levels. Results showed that the optimal wheat variety selection was significantly affected by changes...

Impacts of alternative agricultural water conservation strategies are being evaluated in the Texas Panhandle. Stakeholders have expressed concern that all effects need to be accounted for including the regional economy. A methodology was developed to evaluate the effects on the backward and...

Agribusinesses in the cattle-beef sector use information from both external sources and proprietary sources in the management decision making process. This research reports the results of personal interviews with employees at all levels of the beef market channel, covering the information...

The Federal Agriculture Improvement and Reform Act of 1996 (FAIR Act) introduces several significant changes to farm commodity legislation. While these changes impact all program commodities, they have prompted considerable concern for the future of the Texas rice industry. Changes in the farm...

Understanding the role of health information in food and nutrient demand has become an important issue over the last decade. Endogeneity and measurement error are two empirical problems that are inherent in this type of analysis. While some type of instrumental variables estimation would appear...

The Federal Clean Air Act (FCAA) amendments of 1990 strengthened air pollution regulation as it affects stationary sources such as cotton gins. Because investments in air pollution systems are sometimes substantial, a financial burden may be placed on gin plant firms that results in insolvency...

Churchill County, Nevada had approximately 23,000 residents, with an estimated 13,500 who relied on private wells for water supply in 2002. This study examined exposure to arsenic in water supplies among residents with private domestic wells and factors related to householder choice to consume...