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Several physical quality characteristics are important in pricing feeder pigs. This study identifies and estimates the discounts associated with various characteristics. Weight, weight squared, lot size, lot size squared, weight-lot size interactions, health, and lot uniformity were the most...
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The lead-lag relationships present in the regional price discovery process are important indicators of market performance. Differences across markets in the speed of adjustment to evolving information may have implications for pricing efficiency within these markets. This study estimates...
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The marginal benefit and cost of diversification for Florida orange producers is studied using certainty equivalents. The primary contribution of this study is the application of the mean-variance model to farm management decisions. Results indicate that for moderate and high levels of risk...
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A mathematical programming model with estimated nonlinear water response functions is used to explore the allocation of limited ground water to flood irrigated corn, flood-irrigated grain sorghum, and dryland sorghum in western Kansas. Results suggest that as ground water availability decreases,...
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Three tillage systems: conventional tillage, ridge tillage and notillage are evaluated using stochastic dominance with respect to a function analysis. Each tillage system is evaluated for three cropping patterns: continuous grain sorghum, continuous soybeans, and soybeans after grain sorghum....
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