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Registros recuperados: 71
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Incorporating Environmentally Compliant Manure Nutrient Disposal Costs into Least-Cost Livestock Ration Formulation AgEcon
Hadrich, Joleen C.; Wolf, Christopher A.; Black, J. Roy; Harsh, Stephen B..
Livestock rations are formulated to minimize feed cost subject to nutritional requirements for a target performance level, which ignores the potentially substantial cost of disposing of nutrients fed in excess of nutritional requirements. We incorporate nutrient disposal costs into a modified least-cost ration formulation model to arrive at a joint least-cost decision that minimizes the sum of feed and net nutrient disposal costs. The method is demonstrated with phosphorus disposal costs on a representative dairy farm. Herd size, land availability and proximity, crop rotation, and initial soil phosphorus content are shown to be important in determining phosphorus disposal costs.
Tipo: Journal Article Palavras-chave: Environmental compliance; Linear programming; Livestock rations; Manure disposal; Agribusiness; Environmental Economics and Policy; Livestock Production/Industries; C61; Q12; Q52.
Ano: 2008 URL: http://purl.umn.edu/45525
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2004 Michigan Dairy Grazing Farm Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 10 dairy grazing farms from across Michigan. These 10 farms indicated that they grazed dairy cows at least three months of the year and that grazing provided more than 30 percent of the forage consumed during the year. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University's TelFarm project and the Farm Credit Service system in Michigan. The values were pooled into averages for reporting purposes. Farm records were checked for accuracy. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/11709
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Livestock Disease Indemnity Design When Moral Hazard is Followed by Adverse Selection AgEcon
Gramig, Benjamin M.; Horan, Richard D.; Wolf, Christopher A..
Averting or limiting the outbreak of infectious disease in domestic livestock herds is an economic and potential human health issue that involves both the government and individual livestock producers. Producers have private information about preventive biosecurity measures they adopt on their farms prior to outbreak (ex ante moral hazard), and following outbreak they possess private information about whether or not their herd is infected (ex post adverse selection). We investigate how indemnity payments can be designed to provide incentives to producers to invest in biosecurity and report infection to the government, while simultaneously addressing the information asymmetry between producers and the government. We show how addressing the adverse selection...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/6542
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2002 MICHIGAN DAIRY FARM BUSINESS ANALYSIS SUMMARY AgEcon
Wittenberg, Eric; Wolf, Christopher A..
Replaced with revised version of paper 06/15/04.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/11514
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2003 MICHIGAN UPPER PENINSULA DAIRY BUSINESS ANALYSIS SUMMARY AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 19 dairy farms across the Upper Peninsula (UP) of Michigan. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The farms in this report were located throughout Michigan. The records came from Michigan State University�s TelFarm/MicroTel project, the Farm Credit Service system, or by AgriSolutions in Michigan. The values were pooled into averages for reporting purposes. Farm records checked for accuracy. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follow.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/11625
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Verifying Credence Attributes in Livestock Production AgEcon
Olynk, Nicole J.; Tonsor, Glynn T.; Wolf, Christopher A..
Livestock producers can respond to increasing consumer demand for certain production process attributes by providing verifiable information on the practices used. Consumer willingness to pay data were used to inform producer decision-making regarding selection of verification entities for four key production process attributes in the production of pork chops and milk. The potential for informing farm-level decision-making with information about consumer demand for product and production process attributes exists beyond the two products assessed as example cases in this analysis.
Tipo: Journal Article Palavras-chave: Key Words: animal welfare; Certification; Credence attribute; Producer decision support; Response to consumer demand; Verification; Willingness to pay; Consumer/Household Economics; Demand and Price Analysis; Livestock Production/Industries; Production Economics; Q11; Q12; Q19.
Ano: 2010 URL: http://purl.umn.edu/92578
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Consumer Preferences for Animal Welfare Attributes: Case of Gestation Crates AgEcon
Tonsor, Glynn T.; Olynk, Nicole J.; Wolf, Christopher A..
Paper replaced with revised version 06/13/08
Tipo: Conference Paper or Presentation Palavras-chave: Animal welfare; Economics of legislation; Gestation crates; Market failure; Pork; Voluntary labeling; Willingness to pay; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6062
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Understanding Citizen Complaints Regarding Michigan Agricultural Operations AgEcon
Hadrich, Joleen C.; Wolf, Christopher A..
Tipo: Working or Discussion Paper Palavras-chave: Citizen complaints; Environmental compliance; Livestock farms; Manure management; Environmental Economics and Policy; Farm Management; Q24; Q53; Q58.
Ano: 2009 URL: http://purl.umn.edu/49274
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Understanding U.S. Consumer Demand for Milk Production Attributes AgEcon
Wolf, Christopher A.; Tonsor, Glynn T.; Olynk, Nicole J..
A choice experiment was used to examine the value of various fluid milk attributes. Respondents were surveyed regarding half or whole gallon milk purchases. A split-sample design was used to examine consumer inferences regarding food safety. Willingness to pay for verification of production process attributes varied across attributes and verifying entity. Consumers were generally willing to pay substantial premiums for milk produced without the use of rbST, on local family farms, with assured food safety enhancement, and for these claims to be verified by the U.S. Department of Agriculture.
Tipo: Journal Article Palavras-chave: Milk; Food safety; Grazing; RbST; Family farm; Local; Willingness to pay; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/117186
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USING A MULTIPLE PRODUCT AND MULTIPLE INPUT APPROACH TO DAIRY PROFIT MAXIMIZATION: A SIMULATION USING OPERATIONS RESEARCH METHODS AgEcon
Hadley, Gregg; Harsh, Stephen B.; Wolf, Christopher A..
Dairy producers generally take a single output/multiple input approach when making production decisions. Under component pricing, with large variance in individual component prices, a multiple output/multiple input approach maximizes profits. This paper applied our approach to the individual farm milk production decision.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Productivity Analysis.
Ano: 1999 URL: http://purl.umn.edu/21569
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2004 Michigan Upper Peninsula Dairy Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 23 dairy farms across the Upper Peninsula (UP) of Michigan. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The farms in this report were located throughout Michigan. The records came from Michigan State University's TelFarm project and Farm Credit Service system in Michigan. Farm records checked for accuracy. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/11518
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2009 Michigan Upper Peninsula Dairy Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 18 dairy farms across the Upper Peninsula (UP) of Michigan. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm project and Farm Credit Service system in Michigan. Farm records checked for accuracy. Average values are reported in the summary tables and discussion that follows but readers should note that considerable variation exists in most measures.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Agricultural Finance; Crop Production/Industries; Farm Management; Financial Economics; Livestock Production/Industries; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/100919
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An Examination of US Consumer Pet and Veterinary Expenditures, 1980-1999 AgEcon
Wolf, Christopher A.; Lloyd, James W.; Black, J. Roy.
The veterinary medical profession touches nearly everyone's life, either directly or indirectly. An estimated 58.3% of US households own pets (AVMA, 2002), and most people consume livestock products in the form of meat, dairy products, wool, or leather. The health and well being of all these animals depend heavily on relationships with veterinarians. Veterinarians also contribute to public health through the FDA, CDC, USDA, and numerous other government agencies at the federal, state, and local levels. Issues of primary concern include food safety, biosecurity, and the numerous emerging (and re-emerging) infectious diseases that are zoonotic in nature. Finally, veterinarians have an additional impact through their research contributions. Virtually...
Tipo: Working or Discussion Paper Palavras-chave: Health Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/7430
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TECHNOLOGY VALUATION DISTRIBUTIONS WITH HETEROGENEOUS ADOPTERS AgEcon
Oehmke, James F.; Wolf, Christopher A..
This paper examines technology benefit allocation between an innovating firm and heterogeneous technology adopters. Using a triangular distribution of adopter innovation value, we find that as the upper bound increases, optimal innovation price increases, but at a slower rate. Similarly, as the lower bound decreases, price decreases and producer benefits increase. Finally, greater producer heterogeneity leads to greater producer benefits from innovation in non-competitive markets. An empirical application of the model is considered, bovine somatotropin adoption on dairy farms. The model generates an intuitive explanation of the common finding that average adopters are making zero or negative profits.
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/19777
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THE ECONOMICS OF MANAGING WILDLIFE DISEASE AgEcon
Horan, Richard D.; Wolf, Christopher A..
The spread of infectious disease among and between wild domesticated animals has become a major problem worldwide. Upon analyzing the dynamics of wildlife growth and infection when the disease animals cannot be identified separately from healthy wildlife prior to the kill, we find that harvest-based strategies alone have no impact on disease transmission. Other controls that directly influence disease transmission and/or mortality are required. Next, we analyze the socially optimal management of infectious wildlife. The model is applied to the problem of bovine tuberculosis among Michigan white-tailed deer, with non-selective harvests and supplemental feeding being the control variables. Using a two-state linear control model, we find a two-dimensional...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/22224
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Is Monsanto Leaving Money on the Table? Monopoly Pricing and Bt Cotton Value with Heterogeneous Adopters AgEcon
Oehmke, James F.; Wolf, Christopher A..
We examine the allocation of technology rents between a price-setting, innovating monopolist and heterogeneous technology adopters. A model of monopoly pricing in the presence of heterogeneous adopters is used to examine conditions under which greater producer (farmer) heterogeneity leads to greater producer benefit from innovation in non-competitive markets. An application to Bt cotton determines the profit-maximizing price of Bt cotton seed and reveals that Monsanto and Delta and Pine Land are indeed leaving money on the table in the form of unexploited profit opportunities. However, we estimate that the presence of heterogeneous adopters explains over 80% of the rents that accrue to the farmers.
Tipo: Journal Article Palavras-chave: Biotechnology; Bt cotton; Heterogeneous adopters; Innovation; Monopoly pricing; Technology; Valuation distribution; L1; O3; Q1.
Ano: 2004 URL: http://purl.umn.edu/43469
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A Survey of Reproductive Management Strategies on US Commercial Dairy Farms AgEcon
Olynk, Nicole J.; Wolf, Christopher A..
Reproductive performance on the dairy farm affects the dairy’s profit because it directly affects milk production, the availability of replacements, the amounts of voluntary and involuntary culling, breeding costs, and costs associated with veterinary care (Britt, 1985). Reproductive management programs selected for implementation differ across farms due to varying on-farm costs, such as labor costs, opportunity costs of management and labor, as well as facilities, farm goals and values, and management styles. The objective of this paper is to summarize survey data in order to aid in providing economic insight into why varying types of farms utilize different methods of reproductive management and differing reproductive technologies.
Tipo: Working or Discussion Paper
Ano: 2008 URL: http://purl.umn.edu/37049
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NORTH-NORTH-SOUTH AG-BIOTECH POLICY: IMPLICATIONS FOR GROWTH AND TRADE AgEcon
Weatherspoon, Dave D.; Oehmke, James F.; Wolf, Christopher A.; Naseem, Anwar; Maredia, Mywish K.; Hightower, Amie L..
This paper examines the impact of European Union policy on genetically modified organisms on trade flows and economic growth. Restrictive European Union policies on biotech production and consumption result in: an effective export subsidy of capital to the South; new trade flows; North America being the dominant producer of biotech research and development; the South being a dominant producer of biotech products; and the European Union being the dominant producer of traditional agricultural products.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade; Research and Development/Tech Change/Emerging Technologies.
Ano: 1999 URL: http://purl.umn.edu/11681
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Optimal livestock diet formulation with farm environmental compliance consequences AgEcon
Hadrich, Joleen C.; Wolf, Christopher A.; Harsh, Stephen B..
The current method to derive livestock diets is to optimize cost performance subject to animal performance and resulting nutritional requirements via a linear programming model. In contrast, we examine the livestock diet formulation problem as a multi-criteria decision model with the criteria being cost performance, feed efficiency, and environmental compliance costs. We find that there are many situations where farm financial situations are improved by feeding products with higher costs per unit of protein but lower phosphorus levels.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/19427
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2005 Michigan Dairy Farm Business Analysis Summary AgEcon
Wittenberg, Eric; Wolf, Christopher A..
This report summarizes the financial and production records of 156 dairy farms from throughout Michigan in 2005. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University's TelFarm project and the Farm Credit Service system in Michigan. The values were pooled into averages for reporting purposes. The farms are larger than would be the average of all dairy farms in Michigan. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural Finance; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/9307
Registros recuperados: 71
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