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MEASURING HISTORICAL RISK IN QUARTERLY MILK PRICES AgEcon
Ford, Beth Pride; Musser, Wesley N.; Yonkers, Robert D..
Various methods have been used to estimate risk indices with historical data. An industry perception of increasing milk price risk over time provides a standard for evaluating several techniques used to measure historical risk. Risk measures from a regression model and an ARIMA model were consistent with the perception of increasing risk.
Tipo: Journal Article Palavras-chave: Risk and Uncertainty.
Ano: 1993 URL: http://purl.umn.edu/31635
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ECONOMIC ANALYSIS OF THE IMPACTS OF BOVINE SOMATOTROPIN ON THE PROFITABILITY OF REPRESENTATIVE DAIRY FARMS IN THE NORTHEAST AgEcon
Elbehri, Aziz; Yonkers, Robert D..
This study evaluated the impacts of bST on the profitability of representative Pennsylvania dairy farms using a stochastic simulation model under two initial milk yield-per-cow levels, three levels of milk response to bST, and three milk price forecast scenarios. Results showed that farm profitability was improved with bST, but the magnitude of the benefits from bST depended on the farm's initial milk output per cow and the level of milk response to bST, both of which are related to quality of management. However, modest price declines due to bST-induced increases in the milk supply would have an offsetting effect on farm profitability.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1995 URL: http://purl.umn.edu/31470
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A DESCRIPTIVE ANALYSIS OF THE CHARACTERISTICS AND FINANCIAL PERFORMANCE OF DAIRY FARMS IN MICHIGAN, NEW YORK, ONTARIO, PENNSYLVANIA AND WISCONSIN AgEcon
Ford, Stephen A.; Gardner, Robert; Gripp, Sharon I.; Harsh, Stephen B.; Knoblauch, Wayne A.; Novakovic, Andrew M.; Putnam, Linda D.; Stephenson, Mark W.; Weersink, Alfons; Yonkers, Robert D..
In 1989, The Cornell Program on Dairy Markets and Policy collaborated with the Texas A&M Agricultural and Food Policy Center to form a National Institute for Livestock and Dairy Policy (NILDP). The Institute is a focal point for a neutral and objective analyses of the consequences of alternative government policies on the livestock, dairy, and poultry industries and the broader economics of livestock and dairy markets. Based on their respective strengths and emphases, Texas A&M is the lead institution on livestock and poultry sector analysis, and Cornell is the lead institution on dairy sector analysis. The Institute has been supported by a special research grant through the U. S. Department of Agriculture since 1989. The Dairy Farm Analysis...
Tipo: Technical Report Palavras-chave: Livestock Production/Industries.
Ano: 1996 URL: http://purl.umn.edu/122828
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REPORTING RESPONSE RATES FOR TELEPHONE SURVEYS USED IN AGRICULTURAL ECONOMICS RESEARCH AgEcon
Gripp, Sharon I.; Luloff, A.E.; Yonkers, Robert D..
Response rates are one indicator of a survey's data quality, as a great deal of importance has been placed on the mail survey's response rate. However, a telephone survey's response rate usually is not reported. Even if one is reported, the numbers used in the calculation are rarely defined making the response rate interpretation unclear. Using a recent telephone survey of Pennsylvania dairy managers, this paper demonstrates how telephone survey data should be reported. Essentially, every research report should include a discussion of how the survey was conducted, a disposition table, and well-defined formulas used to calculate response rates.
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1994 URL: http://purl.umn.edu/31439
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