|
|
|
| Registros recuperados: 24 | |
|
|
| Shroeder, Ted C.; Mintert, James R.. |
| Recent changes in the feeder cattle futures contract specifications are expected to reduce hedging risk and may result in changes in optimal hedging levels. This study provides an estimate of feeder cattle hedge ratios associated with the new cash-settled feeder cattle futures contract and compares the levels of hedging risk present under the cash settled contract with the physical delivery contract. Hedging risks are compared for several weights of feeder steers and heifers and are analyzed across four market locations. Results indicate that hedging risk is generally, though not always, lower with cash settlement than under the physical delivery contract specifications. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Marketing. |
| Ano: 1988 |
URL: http://purl.umn.edu/32119 |
| |
|
|
| Parcell, Joseph L.; Mintert, James R.; Plain, Ronald L.. |
| An inverse live-hog model was estimated to analyze whether there has been a recent increase in the magnitude of live-hog, own-quantity demand flexibility. Estimating the impact of processing capacity-utilization rate changes on live-hog prices was a second objective of this research. Results indicate that live hog prices have become more responsive to changes in hog slaughter, slaughter weight, cold storage stocks, and changes in the processing capacity-utilization rate. Finally, model results indicate that the sharp increase in processing capacity-utilization rates, the increase in average dressed weight, and the increase in hog slaughter all had a negative effect on the live-hog prices. |
| Tipo: Journal Article |
Palavras-chave: Capacity utilization; Live hog demand; Structural change; Q11; Q12; Q13; D40. |
| Ano: 2004 |
URL: http://purl.umn.edu/43476 |
| |
|
| |
|
|
| Tonsor, Glynn T.; Dhuyvetter, Kevin C.; Mintert, James R.. |
| Successful risk management strategies for agribusiness firms based on futures and options contracts are contingent on their ability to accurately forecast basis. This research addresses three primary questions as they relate to basis forecasting accuracy: (a) What is the impact of adopting a time-to-expiration approach, as compared to the more common calendar-date approach? (b) What is the optimal number of years to include in calculations when forecasting livestock basis using historical averages? and (c) What is the effect of incorporating current basis information into a historical-average-based forecast? Results indicate that use of the time-to-expiration approach has little impact on forecast accuracy compared to using a simple calendar approach, but... |
| Tipo: Journal Article |
Palavras-chave: Basis; Basis forecasts; Cattle prices; Current information; Hedging; Livestock Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/31115 |
| |
|
|
| Schroeder, Ted C.; Tonsor, Glynn T.; Pennings, Joost M.E.; Mintert, James R.. |
| Beef food safety events have contributed to considerable market volatility, produced varied consumer reactions, created policy debates, sparked heated trade disputes, and generally contributed to beef industry frustrations. Better understanding of the forces causing observed consumer reactions in light of beef food safety events is critical for policy makers and industry participants. We examine whether consumers altered their beef consumption behavior because of their risk aversion and risk perceptions stemming from information about beef food safety in recent years. We use data from a total of 4,000 consumers in the U.S., Canada, Mexico and Japan to estimate a two-stage Probit/double-bounded Tobit modeling framework. Results reveal there are stark... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Cross-culture; Risk attitude; Risk perception; Food safety; Beef; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/10254 |
| |
|
|
| Langemeier, Michael R.; Schroeder, Ted C.; Mintert, James R.. |
| Data from a western Kansas feedlot were analyzed to estimate the quantitative impacts of price and performance variables on profits per head from finishing cattle. Sale prices, feeder prices, and corn prices had the most impact on profit variability over time. Differences in sale prices, feeder prices, and feed conversions were important in explaining the difference in steer and heifer profits over time. Results suggest that breakeven prices should be calculated for a range of fed cattle, feeder, and corn prices, and that these three variables need to be stochastic in representative farm modeling efforts. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1992 |
URL: http://purl.umn.edu/29637 |
| |
|
|
| Jones, Rodney D.; Schroeder, Ted C.; Mintert, James R.; Brazle, Frank. |
| Quality factors affecting fed cattle prices were examined during a six-month period in southwestern Kansas. Transaction prices were significantly affected by the percentage of cattle expected to grade choice times the choice-to-select carcass price spread, finish uniformity, average weight, dressing percentage, breed, number of cattle purchased by a single packer on a given day, the packer, the feedyard, the day-of-the-week the cattle were sold, and the number of bids received. Asking prices were significantly affected by many of the same factors. Asking and transaction prices reflected approximately 25 percent of the packer value differentials for expected carcass quality grades. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1992 |
URL: http://purl.umn.edu/29636 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| Schroeder, Ted C.; Mintert, James R.; Brazle, Frank; Grunewald, Orlen C.. |
| Feeder cattle prices are determined by the interaction of many factors. This study uses 1986 and 1987 Kansas feeder cattle auction data to investigate the impact of a wide variety of physical characteristics, many of which have not been used in previous studies on feeder cattle prices. Unlike previous studies, this analysis explicitly incorporates changes in feeder cattle market fundamentals during the data collection period and also allows price differentials to vary by sex and weight. Weight, weight-squared, lot size, lot size-squared, health, muscling, frame size, condition, fill, breed, presence of horns, and time of sale are significant factors affecting feeder cattle prices on any given day. Several physical traits also exhibit different seasonal... |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 1988 |
URL: http://purl.umn.edu/32161 |
| |
|
| |
|
| |
|
|
| Parcell, Joseph L.; Mintert, James R.; Plain, Ronald L.. |
| An inverse live hog demand model was estimated to analyze claims that the live hog own quantity demand flexibility's magnitude has increased in recent years. A second objective of this research was to estimate the impact changes in processing capacity utilization rates have on live hog prices. Results indicate that in recent years live hog prices have become more responsive to changes in hog slaughter, slaughter weight, and cold storage stocks. Additionally, changes in processing capacity utilization rates, at times, also have a relatively large impact on live hog prices. Finally, when the large live hog price decline that occurred during the fall of 1998 is examined, model results indicate that the sharp increase in processor's capacity utilization... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 2002 |
URL: http://purl.umn.edu/26042 |
| |
|
|
| Tonsor, Glynn T.; Mintert, James R.; Schroeder, Ted C.. |
| This article uses national, quarterly data to examine U.S. meat demand using the Rotterdam model. We investigate the effect of multiple information indices linking different health concerns with diet, changes in household dynamics, and meat recall information. Medical journal articles linking iron, zinc, and protein with health and diet increase beef and poultry demand, whereas articles dealing with fat, cholesterol, and diet concerns reduce beef demand. Increasing consumption of food away from home enhances pork and poultry demand while reducing beef demand. Combined, these results provide a more complete and current understanding of the impact of multiple information factors faced by U.S. consumers. |
| Tipo: Journal Article |
Palavras-chave: Atkins diet; Female workforce; Food away from home; Food safety; Health concerns; Meat recalls; U.S. meat demand; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries. |
| Ano: 2010 |
URL: http://purl.umn.edu/61056 |
| |
| Registros recuperados: 24 | |
|
|
|
