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Registros recuperados: 154 | |
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Knoblauch, Wayne A.; Putnam, Linda D.; Karszes, Jason; Anderson, Jessica. |
Business and financial records for 2008 from 224 New York dairy farm businesses are summarized and analyzed. This analysis demonstrates the use of cash accounting with accrual adjustments to measure farm profitability, financial performance, and costs of producing milk. Traditional methods of analyzing dairy farm businesses are combined with evaluation techniques that show the relationship between good management performance and financial success. The farms in the project averaged 414 cows per farm and 24,115 pounds of milk sold per cow, which represent above average size and management level for New York dairy farms. Net farm income excluding appreciation, which is the return to the operator's labor, management, capital, and other unpaid family labor,... |
Tipo: Technical Report |
Palavras-chave: BUSINESS ANALYSIS; DAIRY MANAGEMENT; FARM BUSINESS SUMMARY; NEW YORK FARMS; Livestock Production/Industries; Q12; Q14. |
Ano: 2009 |
URL: http://purl.umn.edu/121572 |
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Karuaihe, Raphael N.; Wang, H. Holly; Young, Douglas L.. |
Weather constitutes the major source for production risk in agriculture. Weather index can be used construct crop insurance that demand less information and can avoid moral hazard and adverse selection problems. Based on mean-variance model, theoretical results on the optimal insurance coverage and its impact from risk preference, basis risk, and premium loading are derived, which are quite consistent to the empirical results from the expected utility model. Using South Africa corn data, we investigate growers' demand and efficiency of alternative hypothetical weather index crop insurance programs. In contrast to previous work that suggests that a single-variable weather index suffices to develop an insurance contract, this study shows that the insured... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and Uncertainty; C51; C61; G22; Q14. |
Ano: 2006 |
URL: http://purl.umn.edu/25378 |
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Zawojska, Aldona; Siudek, Tomasz. |
The aim of the paper is to assess the potential of cooperative banks for serving agricultural sector in Poland and to identify the areas with the most development potential. We discuss the transformation process in the cooperative banking system under market economy, and in particular investigate importance of cooperative banks for farms' financing on the basis of our survey of banks. Moreover, the role of cooperative banks in transmission of Government policy supporting farm sector in Poland is discussed. We find that despite growing competition from the commercial banking sector, farms and rural households in Poland are still of major importance for the cooperative banks in Poland. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Cooperative banks; Agricultural sector; Poland; Agricultural Finance; G21; O18; Q14. |
Ano: 2005 |
URL: http://purl.umn.edu/24479 |
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Kumarappan, Subbu; Gustafson, Cole R.. |
Crude oil price speculation during 2000s could have increased installed capacity in corn ethanol plants beyond what was warranted by the market factors. We use Muth’s commodity pricing model and Flood and Garber’s tests to test for speculative investment in US corn ethanol industry. The ethanol price expectations are derived using a system of supply-demand-inventory describing US ethanol markets under rational expectations (perfect foresight). These price expectations can help differentiate the installed capacity into two: capacity supported by the market fundamentals and the probable capacity that is installed based on speculation. Econometric estimation procedures and functional form approximations are discussed. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Ethanol; Speculation; Commodity prices; Investment; Agricultural Finance; Financial Economics; Q14; Q41; D8; L71. |
Ano: 2010 |
URL: http://purl.umn.edu/61418 |
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Knoblauch, Wayne A.; Putnam, Linda D.; Karszes, Jason. |
Business and financial records for 2006 from 240 New York dairy farm businesses are summarized and analyzed. This analysis demonstrates the use of cash accounting with accrual adjustments to measure farm profitability, financial performance, and costs of producing milk. Traditional methods of analyzing dairy farm businesses are combined with evaluation techniques that show the relationship between good management performance and financial success. The farms in the project averaged 350 cows per farm and 23,083 pounds of milk sold per cow, which represent above average size and management level for New York dairy farms. Net farm income excluding appreciation, which is the return to the operator's labor, management, capital, and other unpaid family labor,... |
Tipo: Technical Report |
Palavras-chave: BUSINESS ANALYSIS; DAIRY MANAGEMENT; FARM BUSINESS SUMMARY; NEW YORK FARMS; Livestock Production/Industries; Q12; Q14. |
Ano: 2007 |
URL: http://purl.umn.edu/121576 |
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Hranaiova, Jana; Stefanou, Spiro E.. |
SUMMARY: This study focuses on the analysis of the production behavior and risk preferences in the presence of output price uncertainty. Following a theoretical model based on the assumption of maximization of expected utility of profits, the approach used in this study infers information about risk preferences from the production characteristics of the farm. In addition, the nonparametric method of estimating elasticity of scale and technical change eliminates the need to impose a uniform production or cost functions on individual producers. The approach is applied to a panel of dairy farms, which are evaluated for their elasticity of scale and the total productivity growth components of their operations. Estimates of farmers' risk attitudes... |
Tipo: Journal Article |
Palavras-chave: Uncertainty; Risk Aversion; Productivity Growth; Productivity Analysis; Q14. |
Ano: 2002 |
URL: http://purl.umn.edu/28760 |
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Heidelbach, Olaf. |
Recent academic discussion regarding crop insurance in developing and transition countries has focused on weather index insurance. But empirical analyses of such schemes based on farm level data cannot be found in the literature, though this insurance type shows clear advantages compared to multiple-peril crop insurance and revenue insurance. Recent empirical applications of risk and stochastic programming models focus on the optimisation of production planning, while literature on the effects of crop insurance on the farm level mainly focuses on the empirical investigation of reductions in farm income variance. The novelty of this paper is that it integrates regionally-adapted insurance products and expert-evaluated technology choices into a programming... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Risk; Risk management; Insurance; Agriculture; Kazakhstan; Crop Production/Industries; Risk and Uncertainty; Q12; Q14; G22; D82. |
Ano: 2006 |
URL: http://purl.umn.edu/25243 |
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Garrido, Alberto; Zilberman, David. |
We use the actual insurance records of 52,300 farmers and 11 years to estimate two sets of insurance demands. We define measures of insurance's expected returns, variance and third moment, based on observed insurance data, and infer the expected returns for those farmers that have never had an indemnity. We estimate several probit models and count models for the insuring vs non-insuring strategies, in which the economic returns of insurance and its two measures of dispersion enter as explanatory variables. Results show that farmers' insurance strategies are largely explained by their actual insurance experience as captured by these three variables. Individuals with loss rations greater than 1 do not show more responsiveness that those facing more balanced... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural insurance; Insurance demand models; Spain; Risk and Uncertainty; G22; Q12; Q14. |
Ano: 2007 |
URL: http://purl.umn.edu/9266 |
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Knoblauch, Wayne A.; Putnam, Linda D.; Karszes, Jason. |
Business and financial records for 2009 from 204 New York dairy farm businesses are summarized and analyzed. This analysis uses cash accounting with accrual adjustments to measure farm profitability, financial performance, and costs of producing milk. Traditional methods of analyzing dairy farm businesses are combined with evaluation techniques that show the relationship between good management performance and financial success. The farms in the project averaged 469 cows per farm and 24,208 pounds of milk sold per cow, which represent above average size and management level for New York dairy farms. Net farm income excluding appreciation, which is the return to the operator's labor, management, capital, and other unpaid family labor, averaged $-126,820 per... |
Tipo: Technical Report |
Palavras-chave: BUSINESS ANALYSIS; DAIRY MANAGEMENT; FARM BUSINESS SUMMARY; NEW YORK FARMS; Livestock Production/Industries; Q12; Q14. |
Ano: 2010 |
URL: http://purl.umn.edu/121571 |
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Registros recuperados: 154 | |
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