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| van Kooten, G. Cornelis; Schoney, Richard A.; Hayward, Keith A.. |
| Results of a study of goal orderings of Saskatchewan farmers who participate in the province's FARMLAB Program are presented. We use the method of fuzzy pair-wise comparisons which allows the respondent to indicate a degree of preference between two alternative goal statements, thereby providing more information than in the binary case. From survey data ratio-scale scores are constructed for eight goal statements, and these are regressed on a set of farm enterprise and household characteristics and a psychological locus-of-control (or I-E) score. The empirical results indicate that goodness-of-fit measures are better than those obtained by other researchers, perhaps because a psychological measure (I-E score) is included as an explanatory variable for... |
| Tipo: Journal Article |
Palavras-chave: Farm Management. |
| Ano: 1986 |
URL: http://purl.umn.edu/32535 |
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| Schoney, Richard A.; Moeller, Christof. |
| Two efficient farms are constructed for the brown soils of Saskatchewan, Canada and for Mecklenburg, Germany based on producer panels. Both farms feature highly integrated cropping systems which take advantage of cropping synergies. However, farm risk is inherently different between the two because differences in 1) climate that gives rise to very different yield risk and cost structure, and 2) EU programs which offer fixed cash payments and stable sugar beet prices. As expected, risk is much higher for the Saskatchewan case farm - it has a chance of a negative cash flow of approximately one year in five. In sharp contrast, the Mecklenburg has very little chance of generating a negative cash flow. Hence, it is easy to understand why crop insurance and... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and return; EV model; Saskatchewan and German grain farms; Crop Production/Industries. |
| Ano: 2005 |
URL: http://purl.umn.edu/24227 |
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| Weisensel, Ward P.; Schoney, Richard A.. |
| Specialty crops have been cited as means to diversify crop portfolios on the prairies. Lentils, a specialty crop, have high variability in yields and prices but are relatively uncorrelated with the yields and prices of other traditional Saskatchewan crops. In addition, yields and prices of lentils may be negatively correlated. These attributes have important but offsetting effects in crop portfolio selection. The objective of this article is to assess the relative profitability and riskiness of wheat and lentil rotations for a representative Saskatchewan farm and to select appropriate farmers who should consider production of lentils. The cumulative density function of net returns are simulated for both rotations assuming stochastic prices and yields.... |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Risk and Uncertainty. |
| Ano: 1989 |
URL: http://purl.umn.edu/32356 |
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