Consulta: creatorFacets:"Zulauf,   Carl R."
Registros recuperados: 20
Data/hora: 03/06/2024 19:11:23

Constructing Farm Level Yield Densities from Aggregated Data: Analysis and Comparison of Approaches
Provedor de dados: 31
Autores: Cooper,   Joseph C.; Langemeier,   Michael R.; Schnitkey,   Gary D.; Zulauf,   Carl R.
Yield variability can be significantly higher at the farm level than at more aggregated levels, including the county. However, due to a dearth of available farm level data, much stochastic analysis involving farm yields utilizes more aggregated yield data as a proxy for the farm level.  We empirically evaluate farm-level variability using longitudinal farm level data sets available from the Kansas Farm Management Association and the Illinois Farm Business and Farm Management Association.  For corn, soybeans, and wheat, we compare the farm level yield variability obtained from this data to that inferred from Federal crop insurance premiums.  The farm management data exhibit lower yield variability than are implied by the crop insurance premiums.
Tipo: Conference Paper or Presentation
Palavras-chave: Yield variability; Crop insurance; Corn; Wheat; Soybeans; Agricultural and Food Policy; Crop Production/Industries; Research Methods/ Statistical Methods; Risk and Uncertainty.
Ano: 2009
URL: http://purl.umn.edu/49216

TO ADOPT OR NOT TO ADOPT: CONSERVATION DECISIONS AND PARTICIPATION IN WATERSHED GROUPS
Provedor de dados: 31
Autores: Hua,   Wei; Zulauf,   Carl R.; Sohngen,   Brent.
Replaced with revised version of paper 07/21/04.
Tipo: Conference Paper or Presentation
Palavras-chave: Farm Management.
Ano: 2004
URL: http://purl.umn.edu/20076

2008 Farm Bill – Focus on ACRE  (Average Crop Revenue Election)(PowerPoint)
Provedor de dados: 31
Autores: Zulauf,   Carl R.
Presented to USDA Economists Group, Washington, DC, 03 October 2008.
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural policy; Revenue protection; Farm bill; Agricultural and Food Policy; Farm Management; Risk and Uncertainty.
Ano: 2008
URL: http://purl.umn.edu/43907

CHANGES IN SELECTED CHARACTERISTICS OF U.S. FARMS DURING THE 1970s AND EARLY 1980s: AN INVESTIGATION BASED ON CURRENT AND CONSTANT DOLLAR SALES CATEGORIES
Provedor de dados: 31
Autores: Zulauf,   Carl R.
Changes since 1970 in the distribution of selected farm characteristics among constant and current dollar farm sales categories were examined. In general, the same trends emerged but changes were less dramatic after adjusting for inflation. The increasing concentration of net farm income among farms with sales exceeding $500,000 was attributed in part to their continuing high ratio of gross farm income to expenses (approximately 145 percent). Farms with sales between $10,000 and $500,000 became more dependent on nonfarm income. This dependency is postulated to result from a farm income treadmill and use of nonfarm income to cope with the treadmill.
Tipo: Journal Article
Palavras-chave: Agribusiness.
Ano: 1986
URL: http://purl.umn.edu/29471

Updating the Estimation of the Supply of Storage Model
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Zhou,   Haijiang; Roberts,   Matthew C.
An updated supply of storage equation is estimated to reflect recent developments in the theoretical and empirical literature.  Among the findings is an inverse relationship between storage cost adjusted price spread and a proxy measure of convenience yield, and a curvilinear relationship between stocks-to-use ratio and implied volatility.
Tipo: Conference Paper or Presentation
Palavras-chave: Supply of storage; Implied volatility; Convenience yield; Research Methods/ Statistical Methods; Q11; Q14; G10.
Ano: 2005
URL: http://purl.umn.edu/19122

Price and Profit: Investigating a Conundrum
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Schnitkey,   Gary D.; Norden,   Carl T.
Although few in number, studies consistently find that price explains little, if any, of the variation in profit across farms. This contrasts with farmers' opinions regarding the importance of price, as well as the use of price supports as a primary policy instrument. Using farm level data from the Illinois Farm Business Farm Management program for calendar years 1996 through 2004, a potential explanation for this conundrum is identified. Price is significantly more correlated with a farmer's variation in management return from year to year (approximately, +0.45) than with the variation in management return across farmers (approximately, +0.10). Thus, the conundrum arises out of different perspectives: farmers focus on the performance of their own farm...
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural Finance.
Ano: 2006
URL: http://purl.umn.edu/19000

UPDATING CORN PROGRAM PAYMENT YIELDS: ARE FARM OPERATORS DIFFERENTIALLY AFFECTED?
Provedor de dados: 31
Autores: Thayer,   Sharon; Zulauf,   Carl R.; Schnitkey,   Gary D.; Forster,   D. Lynn.
Crop yields which determine farm income deficiency payments have been frozen at 1981-1985 levels since 1986.  Data from a longitudinal survey of Ohio farm operators are analyzed to evaluate whether updating payment yields will differentially affect farm operators.  Results of the analysis imply that farm operators who operate larger farms, live in counties with higher yields, and have higher fertilizer and pesticide expenses per acre of corn will benefit more.  In addition, low (high) existing payment yields are understated (overstated) relative to updated payment yields.
Tipo: Journal Article
Palavras-chave: Agricultural Finance.
Ano: 1994
URL: http://purl.umn.edu/31451

USE OF TIME AND ACADEMIC PERFORMANCE OF COLLEGE STUDENTS: DOES STUDYING MATTER?
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Gortner,   Amy K.
Recursive regression analysis revealed time management skills and study time were positively related with quarter GPA for 93 students in three agricultural economics courses at Ohio State University. GPA increased only 0.04 points [4.0 scale] per additional study hour, suggesting substantial improvements in GPA require substantial increases in study time.
Tipo: Conference Paper or Presentation
Palavras-chave: Academic performance; Study time; Time management; Teaching/Communication/Extension/Profession.
Ano: 1999
URL: http://purl.umn.edu/21547

Conservation Compliance: The Once and Future Farm Environmental Policy Tool
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Sohngen,   Brent; Hoskinson,   Lindsey; Lines,   Allan E.
Tipo: Journal Article
Palavras-chave: Environmental Economics and Policy.
Ano: 2003
URL: http://purl.umn.edu/93707

The Market Timing Value of Univariate and Multivariate Time Series Models Within the Soybean Complex
Provedor de dados: 31
Autores: Gerlow,   Mary E.; Irwin,   Scott H.; Zulauf,   Carl R.; Tinker,   Jonathan N.
Tipo: Journal Article
Palavras-chave: Agribusiness; Crop Production/Industries.
Ano: 1992
URL: http://purl.umn.edu/62318

Average Crop Revenue Election, Crop Insurance, and Supplemental Revenue Assistance: Interactions and Overlap for Illinois and Kansas Farm Program Crops
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Schnitkey,   Gary D.; Langemeier,   Michael R.
Farm-level data from Illinois and Kansas for the 1991–2007 crops are used to examine the interaction and overlap among crop revenue insurance, Supplemental Revenue Assistance (SURE), and Average Crop Revenue Election (ACRE). Compared with 75% Crop Revenue Coverage Insurance (75% CRCP), ACRE provides more payments and has a greater impact on minimum farm revenue for the Illinois farms. In contrast, for the Kansas farms, 75% CRCP has the greater impact. SURE’s relative impact on the Illinois and Kansas farms  depends on the metric. The overlap in payments from ACRE and 75% CRCP resulting from covering the same part of the revenue risk distribution is estimated to be less than 5% of ACRE payments. Several proposals for improving the farm safety net are...
Tipo: Journal Article
Palavras-chave: Average Crop Revenue Election Program (ACRE); Crop Revenue Coverage Insurance (CRCP); Farm policy; Food Conservation and Energy Act of 2008; Supplemental Revenue Assistance (SURE); Agribusiness; Agricultural and Food Policy; Farm Management; Land Economics/Use; Risk and Uncertainty; Q18; Q12.
Ano: 2010
URL: http://purl.umn.edu/92589

Using Options: The Role of Declining Time Value
Provedor de dados: 31
Autores: King,   Katie; Zulauf,   Carl R.
Farmers and other buyers and sellers of commodities use options in their marketing strategies. A cost of buying put and call options is the decay in option premium that occurs from the time an option position is established until the time the option position is closed out. This article finds that the average option premium decay cost associated with buying December corn and November soybean put and call options is relatively small if the option position is closed out before mid-to-late June. After this date the average option premium decay cost begins to accelerate, resulting in and increasing cost of using options to market corn and soybeans.
Tipo: Article
Palavras-chave: Demand and Price Analysis; Financial Economics.
Ano: 2011
URL: http://purl.umn.edu/118951

DROUGHTS AND FARM POLICY
Provedor de dados: 31
Autores: Zulauf,   Carl R.
Tipo: Journal Article
Palavras-chave: Agricultural and Food Policy.
Ano: 2002
URL: http://purl.umn.edu/27989

ACRE (Average Crop Revenue Election) Farm Program: Provisions, Policy Background, and Farm Decision Analysis
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Dicks,   Michael R.; Vitale,   Jeffrey D.
Tipo: Journal Article
Palavras-chave: Agricultural and Food Policy; H100.
Ano: 2008
URL: http://purl.umn.edu/94670

The Relationship Between the ACRE Program and Crop Insurance (PowerPoint)
Provedor de dados: 31
Autores: Paulson,   Nicholas D.; Schnitkey,   Gary D.; Zulauf,   Carl R.
Tipo: Conference Paper or Presentation
Palavras-chave: ACRE program; Crop insurance; Risk; Risk and Uncertainty.
Ano: 2009
URL: http://purl.umn.edu/48906

2008 Farm Bill: ACRE and SURE (PowerPoint)
Provedor de dados: 31
Autores: Zulauf,   Carl R.
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy.
Ano: 2009
URL: http://purl.umn.edu/50565

The Revenue Program Option in the 2008 U.S. Farm Bill: Evaluating Performance Characteristics of the ACRE Program
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Orden,   David.
Had only a farm program like the new ACRE state revenue program existed instead of the authorized 1996–2008 programs for corn, soybeans, and wheat, farm support expenditures would have occurred earlier but totaled less. In contrast, at the higher prices forecast for the three crops over the 2009–2012 crop years, spending per acre is expected to be higher for acres enrolled in the ACRE program than for acres enrolled in the traditional programs. These results reflect the different design features of the two programs: revenue versus price assistance and assistance levels that adjust with lagged market revenue versus fixed nominal support triggers. The design issues and policy questions raised for both domestic policy considerations and WTO compliance are...
Tipo: Journal Article
Palavras-chave: Farm policy; Food Conservation and Energy Act of 2008; Average Crop Revenue Election Program (ACRE); WTO domestic support commitments; Agricultural and Food Policy; International Relations/Trade.
Ano: 2010
URL: http://purl.umn.edu/95598

ACRE in the U.S. Farm Bill and the WTO
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Orden,   David.
Two counterfactual analyses investigate the new ACRE program. Had ACRE existed instead of the programs authorized during 1996-2006 for corn, soybeans, and wheat, farm program spending would have totaled less. Estimated ACRE revenue payments increase 78 percent when calculated by applying the annual 1996-2006 percentage variations to USDA forecast average 2009-2012 acres, prices, and yields. Traditional marketing loan and counter-cyclical payments are estimated near zero. Policy design issues concern the merit of revenue versus price protection, fixed support targets versus support adjusting with lagged market revenue, and the economic dislocation and WTO compliance from alternative policy instruments.
Tipo: Working or Discussion Paper
Palavras-chave: Farm Policy; Food Conservation and Energy Act of 2008; Average Crop Revenue Election Program (ACRE); WTO Domestic Support Commitments; Agricultural and Food Policy; International Relations/Trade.
Ano: 2009
URL: http://purl.umn.edu/51821

ARE INTEREST RATES NECESSARY FOR TEMPORAL COINTEGRATION? EVIDENCE FROM THE LONDON METAL EXCHANGE (LME)
Provedor de dados: 31
Autores: Zhou,   Haijiang; Roberts,   Matthew C.; Zulauf,   Carl R.
This study examines the long run relationship between 1-day and 3-month futures prices for five metals at the London Metal Exchange (LME) and further investigates the role of interest rates in this relationship. A battery of stationarity tests and cointegration tests are applied to a simple cost of carry model, which contains the interrelationship between prices of the same commodity for delivery at two different dates and the cost of carry term. Results provide strong evidence that 1-day and 3-month metals futures prices are cointegrated and that interest rates are not needed to find this cointegration. These findings are confirmed in an analysis of the truncated sample period of 1979-1984 when the interest rates were highly volatile. Our finding calls...
Tipo: Conference Paper or Presentation
Palavras-chave: Demand and Price Analysis.
Ano: 2004
URL: http://purl.umn.edu/20095

PRE-HARVEST PRICING STRATEGIES IN OHIO CORN MARKETS: THEIR EFFECT ON RETURNS AND CASH FLOW
Provedor de dados: 31
Autores: Zulauf,   Carl R.; Larson,   Donald W.; Alexander,   Christopher K.; Irwin,   Scott H.
This paper contributes to the debate on whether pre-harvest pricing strategies can improve returns over cash sales at harvest.  It also examines cash flow needs of such strategies.  The analysis is conducted for Ohio corn produced from 1986 through 1999.  The pre-harvest strategies evaluated (short futures, long put, synthetic long put, put-call fence) did not statistically improve returns over cash sales at harvest.  However, if implemented during or before planting, these naïve strategies reduced the standard deviation of annual gross income.  Substantial cash flow may be incurred, either to establish the strategy or meet margin calls.  Therefore, assessments of pre-harvest pricing strategies should include cash flow needs, along with return and risk....
Tipo: Journal Article
Palavras-chave: Cash flow risk; Pre-harvest pricing strategies; Price risk.; Marketing.
Ano: 2001
URL: http://purl.umn.edu/15299