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Registros recuperados: 16 | |
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Bitsch, Vera; Olynk, Nicole J.. |
Although managing labor has become important for farm operations success, training and education for farm managers focuses on agricultural production management and few studies provide an empirical basis on how agricultural labor management differs from labor management in other industries. With the exception of Hurley et al., little is known about labor management practices in pork production, specifically. This study used the focus group discussion method with four focus group meetings in Michigan and two in Kansas in 2006. The average group size was four participants. All group discussions were tape-recorded and transcribed. The ATLAS-TI software was used to support the data analysis. Labor management topics discussed were as follows (order based... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Labor and Human Capital; Livestock Production/Industries. |
Ano: 2007 |
URL: http://purl.umn.edu/9353 |
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Olynk, Nicole J.; Wolf, Christopher A.. |
Dairy managers today are faced with the decision to either raise their own replacements on the dairy farm or send heifers to a custom heifer grower. The largest potential challenge of contracting out the heifer raising enterprise revolves around the potential for a moral hazard problem because of hidden action on the part of the custom heifer grower. A principal-agent framework was used to elicit contract terms which provide incentives for the custom heifer grower to perform accelerated growth without heifers becoming over-conditioned. In order to provide incentives to custom growers, heifers returned to the dairy farm should be compared in performance to other heifers of similar age. We solve for the price paid per pound of gain, price paid for inch... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Farm management; Production economics; Contracts; Heifer growth; Moral hazard; Livestock Production/Industries. |
Ano: 2008 |
URL: http://purl.umn.edu/6077 |
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Olynk, Nicole J.; Wolf, Christopher A.. |
As dairy farms grow and specialize in milking cows, raising replacement heifers is increasingly outsourced. Perhaps the largest challenge of outsourcing the heifer enterprise involves quality, measured as milk production potential, and the possibility for moral hazard due to hidden action on the part of the custom heifer grower. A principal-agent framework was used to elicit contract terms to provide incentives for the heifer grower to achieve desired growth rates, and enable the return of the heifer to the dairy farm on an accelerated time frame, without sacrificing quality. To mitigate incentive asymmetries, bonuses and deductions are proposed. |
Tipo: Journal Article |
Palavras-chave: Contracts; Heifer growth; Moral hazard; Principal agent; Livestock Production/Industries. |
Ano: 2010 |
URL: http://purl.umn.edu/99109 |
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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 |
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Ano: 2008 |
URL: http://purl.umn.edu/37049 |
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Registros recuperados: 16 | |
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