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Registros recuperados: 71
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Managing Dairy Heifer Growth Investment AgEcon
Wolf, Christopher A.; Hadrich, Joleen C.; Vandehaar, M.J..
Accelerated prepubertal growth rates can lower heifer raising costs but may put heifers at risk for impaired mammary development and have been found to be detrimental decreased to milk production in the first lactation. The tradeoff between heifer raising costs and milk production loss is examined in a capital budgeting model. Monthly annuity net present value of a heifer investment through the first lactation is assessed for heifers calving at 20, 22, 24, 26 and 28 months of age. A 24 mo AFC base case strategy with 9009.5 kg subsequent first lactation milk yields $7.34 in returns per month. Accelerated growth resulted in higher returns ($12.77/mo for 20 mo AFC; $9.86/mo for 22 mo AFC) when milk production is not affected as total raising costs decline...
Tipo: Working or Discussion Paper Palavras-chave: Heifer growth; Economics; Investment; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/7429
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ANALYZING REPRODUCTIVE MANAGEMENT STRATEGIES ON DAIRY FARMS AgEcon
Wolf, Christopher A..
Milk sales are the largest source of revenue on dairy farms. Reproduction is necessary to generate a new lactation. However, a pregnancy also dictates when the previous lactation must end so that the cow can retain sufficient condition into her new lactation. Pregnancy rate and estrus detection rate determine reproductive success. From an economics point of view, we talk about calving interval or days open so that a dollar value can be easily associated with the reproductive management program.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/11590
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Manure Handling System Attributes Impact on Manure Management Investment Decisions: A Random Utility Model Approach AgEcon
Hadrich, Joleen C.; Wolf, Christopher A.; Lupi, Frank.
Replaced with revised version of paper 07/22/08.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6532
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2010 Michigan Upper Peninsula Dairy Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 16 dairy farms across the Upper Peninsula (UP) of Michigan. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm project and Farm Credit Service system in Michigan. Farm records checked for accuracy. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.
Tipo: Working Paper Palavras-chave: Agribusiness; Agricultural Finance; Farm Management; Financial Economics; Livestock Production/Industries; Production Economics.
Ano: 2011 URL: http://purl.umn.edu/121833
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Understanding Citizen Complaints Regarding Michigan Agricultural Operations AgEcon
Hadrich, Joleen C.; Wolf, Christopher A..
Tipo: Working or Discussion Paper Palavras-chave: Citizen complaints; Environmental compliance; Livestock farms; Manure management; Environmental Economics and Policy; Farm Management; Q24; Q53; Q58.
Ano: 2009 URL: http://purl.umn.edu/49274
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THE ROLE OF SEXUAL DIMORPHISM IN THE ECONOMICS OF WILDLIFE DISEASE MANAGEMENT AgEcon
Fenichel, Eli P.; Horan, Richard D.; Wolf, Christopher A..
Infected wildlife cannot be selectively harvested for most diseases, complicating disease control. Targeting harvests by sex improves efficiency because disease transmission and prevalence usually vary by sex. We present a bioeconomic model of optimal deer and disease management that incorporates a two-sex wildlife model and sex-specific disease transmission and prevalence.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/20395
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2008 Michigan Dairy Farm Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 116 dairy farms from throughout Michigan in 2008. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm project and the Farm Credit Service system in Michigan. The values were pooled into averages for reporting purposes. The farms are larger than would be the average dairy farm in Michigan. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.
Tipo: Working or Discussion Paper Palavras-chave: Dairy; Analysis; Farm Analysis; Costs per Hundredweight; Characteristics of Herd Size; ROE; ROA; OPM; ATR; Cash Flow; Market Value; Cost Value; Farm Income Statement; Inventory Change; Depreciation; Profitability; Agribusiness; Agricultural Finance; Farm Management; Livestock Production/Industries; Production Economics.
Ano: 2009 URL: http://purl.umn.edu/56223
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2003 BUSINESS DAIRY GRAZING FARM BUSINESS ANALYSIS SUMMARY AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 9 dairy grazing farms across Michigan. Intensive grazing implies providing as much of the needed roughages from pasture. These 9 farms indicated that they grazed dairy cows at least three months of the year and that grazing provided more than 30 percent of the forage consumed during the year. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The farms in this report were located throughout Michigan. The records came from Michigan State University�s TelFarm/MicroTel project, the Farm Credit Service system, or by AgriSolutions in Michigan. The values were pooled into averages for reporting purposes. Farm records checked...
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/11823
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CYCLICAL CONCENTRATION AND BIOTECH R&D ACTIVITY: A NEO-SCHUMPETERIAN MODEL AgEcon
Oehmke, James F.; Wolf, Christopher A.; Weatherspoon, Dave D.; Naseem, Anwar; Maredia, Mywish K.; Raper, Kellie Curry; Hightower, Amie L..
Several characteristics of biotech industry structure follow cyclical patterns. Mergers and acquisitions activity shows cyclical behavior, with peaks from 1988-92 and 1996-97 and a valley from 1993-95. The ratio of large-firm to small-firm field trials, and the Herfindahl-Hirshmann concentration index, move pro-cyclically with M&A activity. This paper develops a formal, dynamic, neo-Schumpeterian model of endogenous R&D and innovation. The model generalizes and extends the literature on biotech industry concentration. For specified parameter values, the out-of-steady-state dynamics are examined, and shown to generate model behavior which is consistent with empirical descriptions of biotech concentration and R&D-activity cycles.
Tipo: Working or Discussion Paper Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 1999 URL: http://purl.umn.edu/11792
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2006 Michigan Dairy Farm Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 139 dairy farms from throughout Michigan in 2006. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm project and the Farm Credit Service system in Michigan. The values were pooled into averages for reporting purposes. The farms are larger than would be the average of all dairy farms in Michigan. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7033
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Implications of the Air Compliance Agreement for Livestock Producers AgEcon
Hadrich, Joleen C.; Wolf, Christopher A..
Nutrient management and air emissions continue to be an area of increased management control on all livestock operations as environmental regulations become more stringent. Agricultural producers must consider uncertainty surrounding the timing of and potential increases of environmental policy controls, such as emission taxes, when making future investment decisions. An optimal control theory framework was applied to a dairy farm facing an uncertain increase in emission taxes and an unknown date at which emission taxes will take effect. The optimal investment path considering these uncertainties was solved implicitly and compared to a full certainty case.
Tipo: Conference Paper or Presentation Palavras-chave: Air emissions; Environmental regulations; Irreversible investment; Uncertainty; Environmental Economics and Policy; Livestock Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/49316
Registros recuperados: 71
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