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| Registros recuperados: 41 | |
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| Featherstone, Allen M.; Langemeier, Michael R.; Ismet, Mohammad. |
| Competitive pressures in the cow-calf sector increased in 1995 because of a decline of 27% in calf prices. Technical, allocative, and scale efficiency measures were used to examine the competitiveness of a sample of Kansas beef cow farms. On average, the farms were 78% technically efficient, 81% allocatively efficient, and 95% scale efficient. Enterprise profitability was correlated positively with the efficiency measures. Inefficiency was related to herd size and degree of specialization. Producers should focus on using capital, feed, and labor more efficiently rather that increasing their size. Increased concentration of the cow-calf sector will not result in large cost savings given the current technology. |
| Tipo: Journal Article |
Palavras-chave: Beef cow; Industry structure; Nonparametric efficiency; Productivity Analysis. |
| Ano: 1997 |
URL: http://purl.umn.edu/15547 |
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| Rowland, William W.; Langemeier, Michael R.; Schurle, Bryan W.; Featherstone, Allen M.. |
| This study evaluates the economic competitiveness of a sample of Kansas farrow-to-finish operations by estimating relative firm efficiency using nonparametric mathematical programming techniques. Measures of technical, allocative, scale, economic, and overall efficiency are then related to farm characteristics to identify sources of efficiency. Results indicate that overall efficient farms produce a high quantity of pork per litter, produce a portion of their own feed grains, generate a large portion of their income from swine and other livestock enterprises, and have a lower debt-to-asset ratio. |
| Tipo: Journal Article |
Palavras-chave: Cost frontier; Farrow-to-finish; Minimum efficient scale; Overall efficiency; Livestock Production/Industries; Productivity Analysis. |
| Ano: 1998 |
URL: http://purl.umn.edu/15084 |
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| Langemeier, Michael R.; Nelson, Nathan; Parajuli, Prem; Perkins, Seth. |
| This paper determined the optimal crop rotation in South Central Kansas. The model incorporated net return, risk, and water quality. In general, water quality improved as tillage was reduced within a rotation type and by adding an alfalfa rotation. The optimal crop rotation mixes included wheat, grain sorghum, soybeans, and alfalfa. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Water quality; Optimal crop rotation; Risk and return; Farm Management; D24; D81. |
| Ano: 2010 |
URL: http://purl.umn.edu/56407 |
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| Cooper, Joseph C.; Langemeier, Michael R.; Schnitkey, Gary D.; Zulauf, Carl R.. |
| Yield variability can be significantly higher at the farm level than at more aggregated levels, including the county. However, due to a dearth of available farm level data, much stochastic analysis involving farm yields utilizes more aggregated yield data as a proxy for the farm level. We empirically evaluate farm-level variability using longitudinal farm level data sets available from the Kansas Farm Management Association and the Illinois Farm Business and Farm Management Association. For corn, soybeans, and wheat, we compare the farm level yield variability obtained from this data to that inferred from Federal crop insurance premiums. The farm management data exhibit lower yield variability than are implied by the crop insurance premiums. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Yield variability; Crop insurance; Corn; Wheat; Soybeans; Agricultural and Food Policy; Crop Production/Industries; Research Methods/ Statistical Methods; Risk and Uncertainty. |
| Ano: 2009 |
URL: http://purl.umn.edu/49216 |
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| Featherstone, Allen M.; Langemeier, Michael R.; Haverkamp, Kent. |
| The objective of this paper is to examine credit migration of individual Kansas farms from 1980-2003. Individual farm data collected from the Kansas Farm Management Data Bank are employed. From 1980 to 2003 these farms had an average credit rating equivalent to a Standard and Poor's B classification, which represents a vulnerable to adequate borrower. Farms in consecutive periods showed the largest tendency to remain in the same ratings category, with smaller tendencies to increase or decrease in credit quality. When movement did take place, there was a high likelihood of only a one category movement. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural Finance. |
| Ano: 2006 |
URL: http://purl.umn.edu/35309 |
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| Langemeier, Michael R.; Schroeder, Ted C.; Mintert, James R.. |
| Data from a western Kansas feedlot were analyzed to estimate the quantitative impacts of price and performance variables on profits per head from finishing cattle. Sale prices, feeder prices, and corn prices had the most impact on profit variability over time. Differences in sale prices, feeder prices, and feed conversions were important in explaining the difference in steer and heifer profits over time. Results suggest that breakeven prices should be calculated for a range of fed cattle, feeder, and corn prices, and that these three variables need to be stochastic in representative farm modeling efforts. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1992 |
URL: http://purl.umn.edu/29637 |
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| Shaik, Saleem; Helmers, Glenn A.; Langemeier, Michael R.. |
| The implications of treating environmental pollution as an undesirable output (weak disposability) as well as a normal input (strong disposability) on the direct and indirect shadow price and cost estimates of nitrogen pollution abatement is analyzed using Nebraska agriculture sector data. The shadow price of nitrogen pollution abatement treated as an undesirable output represents the reduced revenue from reducing nitrogen pollution. In contrast, the shadow price of nitrogen pollution abatement treated as an input reflects the increased cost of reducing nitrogen pollution. For the 1936-97 period, the estimated shadow price and cost of nitrogen pollution abatement for Nebraska ranges from $0.91 to $2.21 per pound and from $300 to $729 million respectively. |
| Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2002 |
URL: http://purl.umn.edu/31121 |
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| Mugera, Amin W.; Langemeier, Michael R.. |
| In this article, we used bootstrap data envelopment analysis techniques to examine technical and scale efficiency scores for a balanced panel of 564 farms in Kansas for the period 1993–2007. The production technology is estimated under three different assumptions of returns to scale and the results are compared. Technical and scale efficiency is disaggregated by farm size and specialization. Our results suggest that farms are both scale and technically inefficient. On average, technical efficiency has deteriorated over the sample period. Technical efficiency varies directly by farm size and the differences are significant. Differences across farm specializations are not significant. |
| Tipo: Journal Article |
Palavras-chave: Bootstrap; Data envelopment analysis; Efficiency; Farms; Farm Management; Production Economics; D24; Q12. |
| Ano: 2011 |
URL: http://purl.umn.edu/117947 |
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| Registros recuperados: 41 | |
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