The persistence of industry, firm-specific, and corporate-parent effects on firm profitability in the food economy are calculated and further analyzed within its four major sectors: food processing, wholesale grocery, retail supermarket, and restaurant. Profits are more persistent within an...

Agribusiness has become an important part of undergraduate agricultural economics programs. Will these programs continue to serve the needs of both industry and students in the future? To survive and thrive, agribusiness programs must pursue an aggressive niche strategy. Programs must be more...

Current methods of formulating animal rations lead to excess nutrient excretion which can potentially lead to excess manure nutrients and an increase in economic costs. These methods do not recognize the impact of diminishing returns. The objective is to simultaneously optimize feed ration...

Recognizing the increasing concern about the potential health effects of genetically modified foods, this research provides a framework for economic value of monitoring genetically modified food for their potential long-term human health effects. This is with the view of helping policy makers...

Welch Foods saw its purpose as building long-term value in the cooperative and releasing that value back to the grower-owners over time and to provide a reliable market for their grapes through excellence in product quality, customer service, market responsiveness and consumer satisfaction....

The objective is to estimate consumer willingness-to-pay (WTP) for pork chops produced under an integrated program which is designed to reduce the incidence of Salmonella. A double-bounded model is estimated to determine Kansas and Indiana consumers WTP for these pork chops. The median WTP is...

Using 23 years of data (1978-2000), this study examines seven vertically integrated sugar beet plants representing three different companies in the United States. The objective of this research is to identify the marginal costs of producing sugar beets for vertically integrated sugar beet...

We evaluate the persistence of incremental industry, firm-specific, and corporate-parent effects on firm profitability across the food and agribusiness sector and further analyze the persistence within four major sectors: processing, wholesale, retail, and restaurant. Results suggest that...