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CATTLE RANCHING PRODUCTION AND MARKETING STRATEGIES UNDER COMBINED PRICE AND WEATHER RISKS AgEcon
Ethridge, Don E.; Zhang, Ping; Dahl, Bill E.; Ervin, R. Terry; Rushemeza, Justin.
A procedure using linear programming and Bayesian analysis for incorporating risks associated with cattle prices and forage yields was developed for maximizing net ranch income in the Southern Plains of Texas. Risk-efficient production/marketing (buy/sell) strategies included strategies which assume normal and low cattle prices and low and normal forage production. Only one of the enterprises in the risk-efficient strategies constituted a traditional marketing approach of spring buying and fall selling.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1990 URL: http://purl.umn.edu/32070
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INTERFIBER COMPETITION IN TEXTILE MILLS OVER TIME AgEcon
Zhang, Ping; Fletcher, Stanley M.; Ethridge, Don E..
Cotton and synthetic fiber competition in textile mills between 1961-1990 was examined using a time-varying parameter regression model. Results indicate that the structure of demand for cotton is not stable and cotton's share responses to changes in the prices of cotton and synthetic fiber vary over time. Cotton and synthetic fiber competition in textile mill use is essentially between cotton and noncellulosic fiber. Cellulosic fiver is not a cotton competitor.
Tipo: Journal Article Palavras-chave: Cotton; Structural changes; Synthetic fiber; Time-varying parameter; Demand and Price Analysis.
Ano: 1994 URL: http://purl.umn.edu/15414
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