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Riley, John Michael; Anderson, John D.. |
Recent spikes in commodity prices have led to higher margin amounts and option premiums. For the most part, producers have always attributed their lack of use in reducing risk via futures and options markets to the high cost associated with the use of these markets. This study determines the relative costs of hedging with futures and options and compares these with the costs of other variable inputs. We find that with the exception of hedging corn with both tools and soybeans with options the costs of hedging has increased at roughly the same rate as all other inputs. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Production Economics. |
Ano: 2010 |
URL: http://purl.umn.edu/96378 |
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Riley, John Michael; Schroeder, Ted C.; Wheeler, Tommy L.. |
Marketing fed cattle using grid pricing has become a popluar way to sell cattle. One of the most important beef characteristics, according to consumers, is beef tenderness. USDA quality grades are poor predictors of meat tenderness. However, mechanical shear force does objectively measure tenderness. This study illustrates how problematic USDA quality grades are at assessing accurate beef tenderness and proposes and evaluates a tenderness-based valuation system based on slice shear force technology. We show that cattle of all quality grades are substantially over- or under-valued when using a grid realtive to a tenderness-based valuation system. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2005 |
URL: http://purl.umn.edu/36313 |
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Riley, John Michael; Anderson, John D.. |
Risk is an inevitable part of agricultural production and all producers face various forms of risk. This study used the subjective price expectations and price distributions of survey participants to determine how producer’s expectations compare with that of the market. Data used for this study were gathered through survey responses from Mississippi State University Extension meeting and workshop participants. Individual respondent’s discreet stated price and price distribution information was fitted to a continuous distribution and an implied mean and standard deviation was determined. This was compared to market price and price risk data. Participants largely over-estimated price. Individual volatilities resulting from each fitted distribution were lower... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Price risk; Price perception; Subjective probability elicitation; Production Economics; Q13. |
Ano: 2009 |
URL: http://purl.umn.edu/46865 |
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Adkins, Tracey S.; Riley, John Michael; Little, Randall D.; Coatney, Kalyn T.. |
Beef cattle production in the southeastern United States differs in size, practice, and production type from other U.S. regions. Smaller, cow-calf type operations dominate in this region because the climate, forage availability, and other land use practices of farmers make this type of cattle operation more ideal for the Southeast. Cow-calf production, particularly small-herd enterprises, does not typically require the level of intense management compared to other beef operations, thus making it more manageable for those with limited time and labor. This research summarizes the current practices and characteristics that define the Southeastern cow-calf operation as it operates under the new challenges of today’s market and operating environment; it also... |
Tipo: Presentation |
Palavras-chave: Cow-calf; Cattle production; Triangular distributions; Agribusiness; Livestock Production/Industries; Production Economics. |
Ano: 2012 |
URL: http://purl.umn.edu/119757 |
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Riley, John Michael. |
Basis for grains and other crops has widened in recent years. Many factors are attributable to basis changes. However, in the Mississippi Delta region basis levels rose sharply in 2007 and 2008. Comparatively, although basis levels for corn and soybeans did widen in the Midwestern region it was to a lesser extent. Much the same is true with regard to wheat when comparing the Delta region with that of Western Kansas. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Basis; Spatial prices; Marketing; Q13. |
Ano: 2010 |
URL: http://purl.umn.edu/56540 |
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