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Registros recuperados: 26 | |
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Brorsen, B. Wade; Anderson, Kim B.. |
One maxim that has been circulating among farmers is that most farmers sell in the lower third of the market. This maxim is soundly rejected using data from Oklahoma elevators. In fact, roughly half of producers sell in the upper third of the market. Thus, there does not seem to be a great need for producers to hire a market advisor to do their marketing for them. But, some farmers do store longer than is optimal and they could be encouraged to sell sooner after harvest. In the short run, farmers sold after price increases and held after price decreases. Price movements in the days after a large number of sales were no different than price movements after few sales. While farmers are noise traders in the short run, it does appear that they are responding... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2002 |
URL: http://purl.umn.edu/19065 |
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Klumpp, Joni M.; Brorsen, B. Wade; Anderson, Kim B.. |
There is no shortage of studies regarding price forecasting and marketing strategies of producers. However, the majority of these studies take a normative approach, focusing on deriving an optimal strategy for producers to follow based on information received from producer surveys. Due to such things as psychological biases, producers may not actually use the marketing information that they say they do. This study uses actual producer transaction data to determine how producers marketing decisions correspond with those recommended by market advisory services and with those that use futures spreads to calculate expected returns. The results show that producers do respond to using futures spreads to represent expected returns to storage. Also, it... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2005 |
URL: http://purl.umn.edu/19036 |
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Registros recuperados: 26 | |
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