|
|
|
|
|
| Baldwin, E. Dean; Thraen, Cameron S.; Larson, Donald W.. |
| Scherer's industrial organization model is modified to characterize the grain marketing system. The modified model identifies the important relationships between economic characteristics and the type of grain facilities found in three states; Alabama, Illinois, and Ohio. Multivariate linear discriminate analysis is used to identify the important basic supply, demand, and transportation variables within and among these states. It is concluded that the structural differences among selected grain marketing regions can be explained by regional differences in basic supply, demand, and transportation variables. The findings suggest that Scherer's industrial organization model can be adapted to explain the diverse structure of the grain marketing system in... |
| Tipo: Journal Article |
Palavras-chave: Industrial Organization. |
| Ano: 1984 |
URL: http://purl.umn.edu/29729 |
| |
|
|
| Thraen, Cameron S.. |
| What are the general ideas behind a futures contract price and the concept of the Basis calculation? The Class 3 milk futures contract traded at the Chicago Mercantile present opportunities for you to forward price your milk if your milk is pooled in a multiple component market such as Federal Order #33. The use of a Class 3 or Class 4 milk contract allows a producer to forward price the butterfat, protein and other solids components of his milk production in multiple-component pricing federal orders or to forward price butterfat and skim in fat/skim federal order markets. Using the futures instruments to protect against uncertain market prices is a new revenue management tool for the dairy industry. Likewise, the use of a Class 3 or Class 4 contract... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries; Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/19063 |
| |
|
| |
|
| |
|
| |
|
|
| Thraen, Cameron S.; Hammond, Jerome W.. |
| Dairy producers operating in the U.S. have been protected against market price variability by the federal price support program for over 35 years. During the late 1970s tax outlays to operate this program grew at a rapid rate. While many authors have addressed the economic implications of the existing dairy price support program, few have explicitly considered the relationship between risk aversion, capital investment, milk production, and support price policy in this process. This paper considers the role of uncertainty and risk-averse behavior and suggests that these elements are crucial to an economic analysis of the current program and future dairy policy issues. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1987 |
URL: http://purl.umn.edu/30207 |
| |
|
| |
|
|
| Thraen, Cameron S.; Hahn, David E.; Roof, James B.. |
| This article examines the operating cost structure of 15 cooperatively owned fluid milk processing plants. The selected plants range from small, low-volume facilities to large, high-volume plants with varying levels of capital and labor inputs. Operating costs are presented for the plants by converting monthly fiscal data to averages and grouping the plants by relative processing volume. The functional relationship between total and unit costs and average plant volume is estimated. Processing cost per gallon declines by 1.6 percent for a 10 percent increase in plant volume. Approximately 85 percent of the reduction in unit cost is attributable to lower labor, packaging, energy, repair, maintenance, and depreciation costs. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 1987 |
URL: http://purl.umn.edu/46202 |
| |
|
|
|
