|
|
|
Registros recuperados: 19 | |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Key, Nigel D.; McBride, William D.. |
Estimating how the use of production contracts affects farm productivity is difficult when unobservable factors are correlated with both the decision to contract and productivity. To account for potential selection bias, this study uses the local availability of production contracts as an instrument for whether a farm uses a contract in order to estimate the impact of contract use on total factor productivity. Results indicate that use of a production contract is associated with a large increase in productivity for feeder-to-finish hog farms in the United States. The instrumental variable method makes it credible to assert that the observed association is a causal relationship rather than simply a correlation. |
Tipo: Journal Article |
Palavras-chave: Productivity; Production contracts; Instrumental variables; Sample selection; Productivity Analysis. |
Ano: 2008 |
URL: http://purl.umn.edu/45659 |
| |
|
|
Patrick, George F.; Peiter, Amy J.; Knight, Thomas O.; Coble, Keith H.; Baquet, Alan E.. |
Hog producers in Indiana and Nebraska were surveyed about sources of risk, effectiveness of risk management strategies, and prior participation in and desire for additional risk management education. Ownership of hogs by the producer, size of the operation, and age did have significant effects on ratings of both sources of risk and effectiveness of risk management strategies. Probit analysis found age, prior attendance, knowledge and prior use of the tool, level of integration, and concern about price and performance risk have significant effects on interest in further education about production contracts, futures and options, packer marketing contracts, and financial management. |
Tipo: Journal Article |
Palavras-chave: Financial management; Futures and options; Packer marketing contracts; Production contracts; Risk attitudes; Risk management; D81; D83; Q12; Q16. |
Ano: 2007 |
URL: http://purl.umn.edu/37110 |
| |
|
| |
|
|
Key, Nigel D.; MacDonald, James M.. |
The exercise of monopsony power by broiler processing firms is plausible because production occurs within localized complexes, which limits the number of integrators with whom growers can contract. In addition, growers face distinct hold-up risks as broiler production requires a substantial investment in specific assets and most production contracts do not involve long-term purchasing commitments by integrators. This paper provides an initial exploration of the links between the local concentration of broiler integrators and grower compensation under production contracts using data from the 2006 broiler version of USDA’s Agricultural Resource Management Survey. Results of this preliminary study, which accounts for characteristics of the operation and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Poultry; Broilers; Market power; Monopsony; Production contracts; Livestock Production/Industries; Marketing. |
Ano: 2008 |
URL: http://purl.umn.edu/6073 |
| |
|
|
Harwood, Joy L.; Heifner, Richard G.; Coble, Keith H.; Perry, Janet E.; Somwaru, Agapi. |
The risks confronted by grain and cotton farmers are of particular interest, given the changing role of the Government after passage of the 1996 Farm Act. With the shift toward less government intervention in the post-1996 Farm Act environment, a more sophisticated understanding of risk and risk management is important to help producers make better decisions in risky situations and to assist policymakers in assessing the effectiveness of different types of risk protection tools. In response, this report provides a rigorous, yet accessible, description of risk and risk management tools and strategies at the farm level. It also provides never-before-published data on farmers' assessments of the risks they face, their use of alternative risk management... |
Tipo: Report |
Palavras-chave: Crop insurance; Diversification; Futures contracts; Leasing; Leveraging; Liquidity; Livestock insurance; Marketing contracts; Options contracts; Production contracts; Revenue insurance; Risk; Vertical integration; Farm Management; Risk and Uncertainty. |
Ano: 1999 |
URL: http://purl.umn.edu/34081 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
MacDonald, James M.. |
Broiler production in the United States is coordinated almost entirely through systems of production contracts, in which a grower’s compensation is based, in part, on how the grower’s performance compares with that of other growers. The industry is undergoing a gradual structural change as production shifts to larger broiler enterprises that provide larger shares of an operator’s household income. Larger enterprises require substantially larger investments in broiler housing, and new or retrofitted houses are also an important source of productivity growth in the industry. This report, based on a large and representative survey of broiler operations, describes the industry’s organization, housing features, contract design, fees and enterprise cost... |
Tipo: Report |
Palavras-chave: Broilers; Chickens; Production contracts; Broiler grower financial performance; Chicken housing; Chicken litter; Poultry; Farm Management; Production Economics. |
Ano: 2008 |
URL: http://purl.umn.edu/58627 |
| |
|
|
Franken, Jason R.V.; Pennings, Joost M.E.. |
Crop producers have numerous marketing and risk management tools available. Research relating producers’ risk attitudes to their use of these tools has produced mixed results, and most studies focus on individual tools to the neglect of complementarities among them. Hence, little is known about the proportion in which these tools are used, e.g., the percentage of the crop that is forward sold as opposed to hedged. This study identifies some factors, including risk attitude, that impact the proportion of corn producers’ sales through spot markets, futures and options, and forward and production contracts using complementary survey and accounting data. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Risk behavior; Risk attitude; Futures and options; Forward contracts; Production contracts; Marketing; Risk and Uncertainty; Q13. |
Ano: 2009 |
URL: http://purl.umn.edu/49237 |
| |
Registros recuperados: 19 | |
|
|
|