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Registros recuperados: 13 | |
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Adam, Brian D.; Kenkel, Philip L.; Anderson, Kim B.. |
Buyer complaints about poor quality U.S. wheat have led to proposals to enforce minimum dockage standards for exports. An economic-engineering approach is used to evaluate costs and benefits of cleaning wheat in order to meet these standards for 13 possible cleaning configurations. These results are used in an optimization framework to estimate costs and benefits of cleaning all U.S. export wheat. The estimates indicate that cleaning U.S. export winter wheat to .35% dockage would cost an average of 1 cent/bu., requiring an initial capital investment of $28 million. Value of wheat lost in cleaning is a significant cost that previously has been overlooked. |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
Ano: 1994 |
URL: http://purl.umn.edu/30758 |
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Adam, Brian D.; Hong, Seung Jee. |
Previous research found that country elevators that are the first in their area to grade wheat and pay quality-adjusted prices would receive above-normal profits at the expense of their competitors. Because of spatial monopsony, these early-adopting elevators would pass on to producers only 70% of the quality-based price differentials received from next-in-line buyers. If competing elevators also adopted these practices, profits for all elevators would return to near normal, and elevators would pass on to producers nearly all price differentials received from next-in-line buyers. However, that research could not explain why more elevators were not becoming "early adopters" by paying quality-adjusted prices. More recent research found that producers' risk... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries; Demand and Price Analysis. |
Ano: 2001 |
URL: http://purl.umn.edu/18957 |
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Garcia, Philip; Adam, Brian D.; Hauser, Robert J.. |
This study provides additional evidence of the usefulness of mean-variance procedures in the presence of options which can truncate and skew the returns distribution. Using a simulation analysis, price hedging decisions are examined for hog producers when options are available. Mean-variance results are contrasted with optimal decisions based on negative exponential and Cox-Rubinstein utility functions over 56 ending price scenarios and two levels of risk aversion. The findings from our simulation, which considers discrete contracts, basis risk, lognormality in prices, transactions costs, and alternative utility specifications, affirm the usefulness of mean-variance framework. |
Tipo: Journal Article |
Palavras-chave: Marketing. |
Ano: 1994 |
URL: http://purl.umn.edu/31230 |
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Roh, Jae-Sun; Lim, Sang Soo; Adam, Brian D.. |
Korea experienced two outbreaks of foot-and-mouth disease (FMD), one in the year 2000 and one in 2002. After the first outbreak, prices for hogs, pork, and beef dropped 15-20% before the government began an intervention program. The effects of these two outbreaks are examined using Box and Tiao's intervention analysis model and a GARCH model Although the second outbreak resulted in many times more animal deaths than the first outbreak, its effect on prices was much smaller. The reason may be because the government's response to the first outbreak set a precedent for the second one. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
Ano: 2006 |
URL: http://purl.umn.edu/18999 |
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Garrison, Carl O.; Dicks, Michael R.; Adam, Brian D.. |
The Conservation Reserve Program reduced available cropland in the United States by 34 million acres under the first nine signup periods (1986-1990). Among these are ten million acres with wheat base and four million acres with corn base, which could potentially produce 288 million bushels of wheat and 340 million bushels of corn per year upon contract expiration. The impacts of expiring CRP contacts on the production and prices of wheat and corn in the United States are estimated. Based on past production practices and post-CRP land-use intentions of contract holders, 48.2% of base acres enrolled in CRP will return to production. Under this scenario, wheat prices will decline by more than 7% and corn prices by more than 2% by 2000, unless ARP levels,... |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1994 |
URL: http://purl.umn.edu/31314 |
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Adam, Brian D.; Siaplay, Mounir; Brorsen, B. Wade; Flinn, Paul W.. |
Insect infestation during storage and processing causes millions of dollars of wheat damage annually in the United States. Insect infestation reduces wheat storing processing profit as well as consumer confidence in wheat food products. Meanwhile, increased concerns about insecticide use have increase interest in Integrated Pest Management (IPM) strategies. This research compares the costs of IPM and chemical-based approaches to insect control to determine why most elevator managers have not adopted IPM practices. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
Ano: 2007 |
URL: http://purl.umn.edu/9702 |
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Registros recuperados: 13 | |
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