The value of fiscal year (FY) 1985 farm exports declined 18 percent, as larger world Increased demand, unfavorable weather, supplies reduced prices and U.S. export volumes. and higher prices in the United States boosted the value of U.S. agricultural imports to Bumper a record high of $19.7...

Using a bio-economic model, H2OBeef, that includes traditionally considered parameters associated with running a beef feedlot but also incorporates aspects associated with water, changes that can alter water consumption and or price are examined. The results indicate that when water does not...

Accurate price forecasting for agricultural commodities can have significant decisionmaking implications for suppliers, especially those of biofuels, where the agriculture and energy sectors intersect. Environmental pressures and high oil prices affect demand for biofuels and have reignited the...

A recent study published by Murphy et al. (2005) reported results of a meta-analysis of hypothetical bias using 28 valuation studies. The authors found a median ratio of hypothetical to actual values of 1.35 but they did not investigate the ratio of scales of the hypothetical and actual value...

The proposed Supplemental Coverage Option (SCO) crop insurance program is included in both the House and Senate farm bills. We develop a county level model to analyze program indemnities. The FAPRI-MU stochastic U.S. model is used to estimate market effects of the program. We find the net...

There are a lot of empirical studies which examine the pricing behavior of agricultural good exporters and find pricing-to-market behavior by grain exporters in the destination countries. By investigating mainly the U.S., Canadian and Australian wheat exporters’ pricing behavior, Pick and...

Recent modelling of the costs and benefits of climate change has renewed debate regarding assumptions for the social discount rate in analysing the impacts of environmental change. Previous literature suggests two key factors influence estimates of the social discount rate: the rate of pure time...