We use a game-theoretical framework to analyze the coexistence of spot and contract markets in the cattle industry. A duopsony scenario with two packers and N feeders is used to reflect the reality in the cattle industry. Our main contribution is to incorporate the risk components and the...

Replaced with revised version of paper 07/27/06.

Replaced with revised copy of paper 1/16/07.

A watershed based model, the Soil and Water Assessment Tool (SWAT), along with transfer coefficients is used to assess alternative principles of allocating nutrient load reduction in the Raccoon River watershed in central Iowa. Four principles are examined for their cost-effectiveness and...

For the past two years the United States and Colombia, Peru and Ecuador have being negotiating a Free Trade Agreement (FTA). One of the main concerns of Ecuador's farmers is the asymmetry that exists between U.S. and Ecuador agricultural sectors. U.S. agriculture is highly subsidized in products...

This study will estimate the benefits to fruit and vegetable industries and consumers should people in the U.S. meet the USDA minimum dietary guidelines. Specifically the objectives of the study are to 1) estimate the benefits to fruit and vegetable industries and consumers should people eat the...

The study develops a county-level spatial tobit model that analyzes factors affecting site-selection of the U.S. biotech industry. The hypothesis of spatial agglomeration economies is confirmed for the spatial structure of the biotech industry, indicating that biotech firms are positively...

Using AC Nielsen scanner data on U.S. household consumption of selected fresh vegetables from 1999 to 2003, this study provides an overview of the organic fresh vegetable market by investigating market shares and price premiums of selected organic fresh vegetables and estimating the...

This research examines the lead-lag relationships between futures prices, prices from a cash forward market, and spot prices for two forest product markets. Results suggest that for 2x4 lumber, the forward market provides some level of price discovery, but futures play a dominant price discovery...