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Modelling South African grain farmers’ preferences to adopt derivative contracts using discrete choice models AgEcon
Ueckermann, E.M.; Blignaut, J.N.; Gupta, Rangan; Raubenheimer, J..
This paper applies a discrete choice model to determine specific characteristics that influence South African grain farmers’ preferences to hedge against uncertainties. This is the first empirical study on South African grain producers’ preferences to adopt derivative contracting and is based on the survey data of Grain South Africa for 2006. With the application of separate binary logit models for each major grain commodity, this paper establishes that different grain farmers are significantly heterogeneous. The results also show that grain farmers’ preferences to adopt derivative contracting are mostly influenced by the farmers’ prediction of daily grain prices and trends, farm size and various geographic characteristics. From a policy perspective it has...
Tipo: Journal Article Palavras-chave: Discrete choice models; Micro-analysis of farmers; Agricultural markets and marketing.
Ano: 2008 URL: http://purl.umn.edu/37631
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Valorisation of Meat Production Oriented on 'Superior' Quality: A Case Study of Belgian Farmers' Motivations AgEcon
Bosmans, Werner; Verbeke, Wim; van Gysel, Laure.
Quality beef and pork production becomes more and more important for both producers and consumers. We first establish an integrated approach of the different attributes that producers and consumers attach to 'superior' quality. This results in the clustering of producers in a traditional and conscious group which reveals relevant differences in attitudes but not in valorisation. On the contrary, the clustering of producers in function of their adherence to a label gives clear differences in labour income. Especially specific labels generate higher revenue because they seem to succeed to communicate credence attributes of 'superior' quality to consumers.
Tipo: Conference Paper or Presentation Palavras-chave: Micro analyses of farm firms; Agricultural markets and marketing; Livestock Production/Industries; Q12; Q13.
Ano: 2005 URL: http://purl.umn.edu/24768
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