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| Buffier, B.D.; Freebairn, John W.. |
| The paper reports estimates of the short term response in the number of cattle placed on feed lots to changes in the prices of fat cattle, store cattle and grain. Data used in the analysis comes from interviews of a panel of feed lot operators regarding their intended 1974 throughput of cattle at different price combinations. Price combinations are identified at which no cattle would be placed in feed lots, at which feed lots would be used at maximum capacity, and at which price changes would induce changes in the number of cattle on feed. For the price responsive zone regression procedures are employed to estimate response price elasticities. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1975 |
URL: http://purl.umn.edu/9195 |
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| Buffier, B.D.; Metternick-Jones, M.A.. |
| In this paper it is argued that liquidity is an important determinate of farm viability. This is particularly so with a rural sector which suffers large variations in income and has a business cycle which typically extends for several years. Present tax arrangements, coupled with a desire by producers to minimise tax, means that surplus cash in high income years is mostly invested in further improvements, developments or capital equipment. An enhanced Income Equalisation Scheme could play a significant role as a risk management tool for producers as well as reducing calls for government assistance during periods of adversity. Suggestions are made for improving the operation and delivery of the scheme including amalgamating Farm Management Bonds and the... |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
| Ano: 1995 |
URL: http://purl.umn.edu/12532 |
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