|
|
|
Registros recuperados: 80 | |
|
| |
|
|
Revoredo-Giha, Cesar; Nadolnyak, Denis A.; Fletcher, Stanley M.. |
The elimination of the marketing quota system that regulated the peanut market since the 1930s has been accompanied by the emergence of marketing contracts between farmers and peanut buyers (mainly peanut shellers). Two types of contracts have been observed, forward contracts for delivery at harvest or at a later date and "option to purchase" contracts. We analyze the clauses of contracts used by major shellers in order to infer the motivation behind these contracts (i.e., risk sharing, reduction of transaction costs, improve coordination, exercise of market power, etc.). The analysis points out that the main role of the contracts is to replace the marketing structure existing prior the 2002 Farm Act, where peanut marketing was quite regulated. In this... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2005 |
URL: http://purl.umn.edu/19187 |
| |
|
| |
|
|
Revoredo-Giha, Cesar; Fletcher, Stanley M.. |
The paper analyzes the effects that a demand with oligopsonistic power may have on the operation of a marketing loan program (especially on the program cost). We measure these effects using a model for the US peanut market where evidence indicates that the demand is highly concentrated. Our results show that the USDA strategy of keeping a repayment rate above the market-clearing price set by the demand is not a sustainable strategy, since the demand can follow a hand-to-mouth strategy, postponing its purchases of peanuts, letting USDA accumulate stocks and forcing it to reduce the price. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural Finance. |
Ano: 2003 |
URL: http://purl.umn.edu/22241 |
| |
|
| |
|
| |
|
| |
|
| |
|
|
Boonsaeng, Tullaya; Fletcher, Stanley M.. |
The objective of this study is to propose a system of input demand functions consistent with the theory of the firm where promotion is treated as an information input in the production function. The empirical model is applied to the European Union (EU) input demand for shelled peanuts. The information input is measured as Euros spent on the U.S. Foreign Market Development program (FMD) on peanuts by the U.S. in the EU market. We find that the FMD program had a positive effect on the EU demand for U.S. shelled peanuts. This result suggests that the information provided to manufactures through the FMD has helped to increase the demand for shelled U.S. peanuts in the EU markets. The estimated marginal return of U.S. export promotion expenditures on the FMD... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Input demand; Shelled peanuts; U.S. Foreign Market Development Program; International Relations/Trade. |
Ano: 2008 |
URL: http://purl.umn.edu/6549 |
| |
|
| |
|
| |
|
|
Fu, Tsu-Tan; Fletcher, Stanley M.; Epperson, James E.. |
Factors which explain supply response behavior of South Carolina tomato growers were determined. Two well known supply response models were used for comparison: the Nerlovian structural model and the Just risk model. The Just risk model reflected the significance of the risk effect in both stable and unstable periods. An evaluation of forecasting power between the two models was indeterminate. Growers are apparently willing to invest in more information with increased market instability because growers were influenced by the Florida winter price of tomatoes in planting decisions during the period of instability. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
Ano: 1986 |
URL: http://purl.umn.edu/29770 |
| |
|
| |
|
| |
|
| |
|
| |
|
|
Epperson, James E.; Huang, C.I.; Fu, Tsu-Tan; Fletcher, Stanley M.. |
Membership of the Southern Agricultural Economics Association (SAEA) was polled to ascertain the strength of support for changing the name of the Southern Journal of Agricultural Economics (SJAE) to eliminate the regional connotation. The general view was that a name change is unwarranted. The overall impression of our profession is that the SJAE is a high quality journal and that the name is not the crucial factor in promulgating this image but rather the continued striving for excellence. A number of profiles were developed to show that the ordered-response model may be used in predicting probabilities for those who would or would not likely favor a name change. |
Tipo: Journal Article |
Palavras-chave: Teaching/Communication/Extension/Profession. |
Ano: 1986 |
URL: http://purl.umn.edu/29462 |
| |
|
|
Revoredo-Giha, Cesar; Nadolnyak, Denis A.; Fletcher, Stanley M.. |
The elimination of the marketing quota system that regulated the peanut market since the 1930s has been accompanied by the emergence of marketing contracts between farmers and peanut buyers (mainly peanut shellers). Two types of contracts have been observed, forward contracts for delivery at harvest or at a later date and option to purchase contracts. We analyze the clauses of contracts used by major shellers in order to infer the motivation behind these contracts (i.e., risk sharing, reduction of transaction costs, improve coordination, exercise of market power, etc.). The analysis points out that the main role of the contracts is to replace the marketing structure existing prior the 2002 Farm Act, where peanut marketing was quite regulated. In this... |
Tipo: Working or Discussion Paper |
Palavras-chave: US agriculture; Agricultural marketing; Peanuts; Economics of agricultural contracts.; Agricultural and Food Policy; Crop Production/Industries; Marketing. |
Ano: 2005 |
URL: http://purl.umn.edu/31930 |
| |
|
| |
Registros recuperados: 80 | |
|
|
|