|
|
|
| Registros recuperados: 37 | |
|
|
| Fausti, Scott W.; Qasmi, Bashir A.; Wittig, T.. |
| Weekly grid premium and discount price date for fed cattle have been collected over a 3-year period. The grid price data are combined with carcass data (2590 South Dakota slaughter steers) to investigate the variability in the average weekly carcass premium is affected by changes in packer-determined grid premiums and discounts on a weekly basis. The three-stage recursive model is then estimated using an autoregressive procedure. The results of the empirical analysis indicated that among all grid premiums and discounts, it is the choice-select discount that plays the dominant role in determining weekly changes in the average weekly carcass premium (discount). |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Slaughter cattle; Grid pricing; Average pricing; Value-based-marketing; Marketing. |
| Ano: 2001 |
URL: http://purl.umn.edu/20615 |
| |
|
|
| McDonald, Tia Michelle; Keating, Ariel Ruth; Fausti, Scott W.; Li, Jing; Lundgren, Jonathan G.. |
| Agriculturally, South Dakota is a unique state possessing the highest rate of adoption for genetically modified crop varieties. In 2009 ninety-six percent of corn acres planted in South Dakota were genetically modified compared with eighty-five percent nationally (Economic Research Service). Additionally, South Dakota has seen a dramatic increase in the number of acres treated with insecticide over the past 20 years. These two situations taken together seem to be counterintuitive. Some genetically modified varieties, such as Bt corn, are equipped with genetic defenses so that they can protect the plant from target pests. Intuitively, one would expect to see a decrease in insecticide use as adoption of genetically modified varieties increase. Recent... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Bt corn; GM crops; Insecticide; Agricultural and Food Policy; Crop Production/Industries; Q1; Q2; Q5. |
| Ano: 2010 |
URL: http://purl.umn.edu/61427 |
| |
|
|
| Fausti, Scott W.; Gillespie, Jeffrey M.. |
| A mail survey is used to examine the consistency of alternative risk preference elicitation procedures using five commonly used methods. These elicitation procedures have been used in previous studies to characterise risk preference. Results show little consistency across procedures, supporting strength-of-preference studies. A general recommendation for mail surveys is the development of relatively easy-to-understand risk-preference elicitation procedures that are framed according to the situational construct in question. |
| Tipo: Journal Article |
Palavras-chave: Mail surveys; Risk preference elicitation; Risk and Uncertainty. |
| Ano: 2006 |
URL: http://purl.umn.edu/116927 |
| |
|
| |
|
| |
|
| |
|
| |
|
|
| Fausti, Scott W.; Qasmi, Bashir A.. |
| Barriers to the adoption of grid pricing by fed cattle producers are investigated over a 206-week period (January 1997 to December 2000). The empirical findings document the following potential barriers to adoption: (1) when fed cattle are evaluated on a grid pricing system versus a dressed weight pricing system, a price differential per cwt. and a per-head revenue differential exists over time, (2) the price differential per cwt. is subject to seasonal variation, resulting in variability in the monetary incentive to market-fed cattle on a grid relative to selling cattle at an average price, and (3) the variability in per-head grid revenue is consistently higher than per-head dressed weight revenue variability over time. The marketing implications for... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/34581 |
| |
|
|
| Fausti, Scott W.; Johnson, Brad; Epperson, William; Grathwohl, Nancy. |
| Retained ownership of steer calves is an investment decision for cow/calf producers. Data collected over a three-year period on 845 steer calves reveals that retaining ownership of steer calves is, on average, profitable. Systematic and unsystematic risks associated with retaining ownership of steer calves are identified. Empirical results indicate that unsystematic risk account for 67% of the variability in the rate of return to retained ownership in this study. For seventy-five producers who entered weaned calves into a university sponsored ranch to rail program, the empirical evidence suggests that retaining ownership is a riskier investment decision than ascertained in the earlier literature. We conclude that the lack of enthusiasm for retaining... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Risk and Uncertainty. |
| Ano: 2003 |
URL: http://purl.umn.edu/32023 |
| |
|
| |
|
|
| Fausti, Scott W.; Diersen, Matthew A.. |
| The information value of the former USDA voluntary price reporting system is investigated for dressed weight slaughter steers. The ability of the former system to promote market transparency and price discovery in the cash market is evaluated with state level mandatory price reporting data collected from September 1999 to April 2001. The empirical framework evaluates the informational value of public price reports according to the criteria established in the market integration literature. The empirical results indicate that in the cash market for dressed weight steers, in South Dakota and Nebraska the former voluntary price reporting system did foster market transparency and aided in the price discovery process. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2003 |
URL: http://purl.umn.edu/32012 |
| |
|
| |
|
|
| Fausti, Scott W.; Feuz, Dillon M.; Wagner, John J.. |
| The U.S. beef industry has been struggling with the erosion of domestic market share relative to pork and poultry for several decades. Many factors may have contributed to this shrinkage, including the industrial organization of the domestic beef industry. A discussion of the institutional structure of beef production in the U.S., and the cash market for fed cattle, as possible contributing factors to the decline in beef's competitive position is provided. In the literature, a consensus agrees that average pricing of fed cattle in the cash market has contributed to beef's diminished competitive position. One solution to the average pricing problem which has gained widespread support is the idea of implementing a value based marketing system (VBMS); to... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Marketing. |
| Ano: 1998 |
URL: http://purl.umn.edu/34320 |
| |
|
| |
|
|
| Fausti, Scott W.; Diersen, Matthew A.. |
| The ability of the former federal voluntary price reporting system to facilitate market efficiency in the cash markets for U.S. livestock was questioned by producer groups and academic researchers prior to implementation of federal mandatory price reporting regulations. In the cash market for slaughter cattle, concerns raised in the literature centered on the effect of thinning cash markets and strategic price reporting behavior on the robustness of voluntary cash price reports issued by the USDA-Agricultural Marketing Services. A theoretical framework is developed describing the interregional spatial linkages between cash markets and price reporting regimes (mandatory versus voluntary). Data from South Dakota and Nebraska cash markets for live cattle are... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2005 |
URL: http://purl.umn.edu/32027 |
| |
|
|
| Fausti, Scott W.; Diersen, Matthew A.. |
| The information value of the former USDA voluntary price reporting system is investigated for dressed weight slaughter steers. The ability of the former system to promote market transparency and price discovery in the cash market is evaluated with state level mandatory price reporting data collected from September 1999 to April 2001. The empirical framework evaluates the informational value of public price reports according to the criteria established in the market integration literature. The empirical results indicate that in the cash market for dressed weight steers, in South Dakota and Nebraska the former voluntary price reporting system did foster market transparency and aided in the price discovery process. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries; Marketing. |
| Ano: 2003 |
URL: http://purl.umn.edu/35971 |
| |
|
| |
|
| |
|
|
| Fausti, Scott W.; Diersen, Matthew A.; Sun, He. |
| One consequence of the new federal mandatory price reporting regime in the livestock industry was the discontinuation of eight regional voluntary price reports for live slaughter cattle. The economic implication for price discovery and market transparency in those affected regional markets is investigated. Two sets of price reports, collected from discontinued price reports for a five-year period just prior to the elimination by the Agricultural Marketing News Service, were analyzed to determine if any of the price series, could be used as a replacement for the discontinued reports in their respective regions. We conclude that price discovery and market transparency were degraded in western regional markets to a greater extent than Midwest regional... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2003 |
URL: http://purl.umn.edu/32019 |
| |
| Registros recuperados: 37 | |
|
|
|
