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MEASURING THE EFFECT OF CAPITAL STRUCTURE AND SEASONALITY ON EXPECTED RETURNS AND RISK: THE FRESH MARKET VEGETABLE CASE AgEcon
Prevatt, J. Walter; Bauer, Larry L.; Kaiser, Eddie H.; Rathwell, P. James.
The effect of capital structure and seasonality of fresh market vegetables was examined via the Target MOTAD model. The level of capital indebtedness and the selection of either a fall or spring season resulted in significantly different levels of enterprise mixes, expected returns, risk magnitudes, rates of change of risk magnitudes, and operating capital requirements. The fall season demonstrated larger initial levels of risk and larger increases in the level of risk due to increases in indebtedness. The spring season showed larger increases in risk between minimum risk point and the maximum expected return point (linear programming solution) on the risk-efficient frontier. Operating capital requirements were substantially higher for the fall season...
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1992 URL: http://purl.umn.edu/30366
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THE ECONOMICS OF CARCASS BEEF PRODUCTION: AN APPRAISAL OF FLORIDA'S FEEDLOT POTENTIAL AgEcon
Prevatt, J. Walter; Melton, Bryan E.; Spreen, Thomas H.; Mathis, William Kary.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1978 URL: http://purl.umn.edu/30490
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PRODUCER VALUATION OF HERD BULL CHARACTERISTICS AgEcon
Holt, John D.; Fields, Deacue; Prevatt, J. Walter; Kriese-Anderson, Lisa.
This study evaluates the importance of certain bull characteristics (disposition, EPD's, conformation, etc.) on a cow-calf producer's herd bull purchase decision. Data were collected from the Auburn University Bull Test Sale from 1997 to 2004. A total of 260 buyers purchased a total of 370 bulls during this six-year period. These buyers will be surveyed to determine demographics, farm characteristics, and the importance of factors influencing their bull purchase decision. A hedonic pricing model will be utilized to determine the value that individual buyers place on various factors or bull characteristics when purchasing a bull.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/20214
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Comparing the Risks and Returns of Alternative Price Risk Management Strategies for Southeastern Feeder Cattle Production AgEcon
Nardi, Matias G.; Davis, Todd D.; Lacy, Curt; Prevatt, J. Walter; Hewitt, Timothy D..
A non-parametric simulation model incorporating price risk determined gross revenue less risk management costs for cow-calf, winter stockering, and retained ownership scenarios for cattle producers in the Southeast. Risk management scenarios simulated hedging with commodity futures and purchasing at-the-money put options at alternative dates prior to the expected sales date.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/35457
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