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Registros recuperados: 33 | |
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Rahman, Shaikh Mahfuzur; Turner, Steven C.; Costa, Ecio de Farias. |
This study examines the feasibility of cross-hedging cottonseed meal with soybean meal futures. The Bayesian tests for market efficiency on the cash and futures price data soundly rejects the presence of nonstationary root. The simple linear regression of cottonseed meal cash prices on soybean meal futures provides a direct price movement relationship. Using the estimated hedge-ratios, the net realized prices are calculated for seven different cash markets. The net realized prices exhibit risk efficiency superior to cash pricing. The empirical analyses suggest that soybean meal futures can be used as a potential cross-hedging vehicle for cottonseed meal. |
Tipo: Working or Discussion Paper |
Palavras-chave: Marketing. |
Ano: 2000 |
URL: http://purl.umn.edu/16707 |
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Centner, Terence J.; Turner, Steven C.; Bryan, John T.. |
Specialty crops grown by multiple producers are often viewed by consumers as differentiated products that command a price premium. Since price premiums are dependent upon differentiation of an item from generic counterparts, specialty crops must have distinctive identities that cannot be copied or mimicked by others. Trademarks are normally employed to differentiate and protect products, but the limitation of trademarks to products from a single source means that differentiation of specialty crops grown by multiple producers may involve difficulties in precluding free riders from adopting the same name. Through a case study of Georgia's Vidalia Onions and an examination of producer price data, this article explores the problem of the protection of product... |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 1989 |
URL: http://purl.umn.edu/26680 |
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Turner, Steven C.; Heboyan, Vahe. |
Research on rollover hedging for agricultural commodities has focused on the consequences of using existing contracts to substitute for missing long-term contracts. It appears that some grains are candidates for rollover hedging while livestock is not. Cotton was analyzed to evaluate the effectiveness of rollover hedging from 1982 to 1999. This paper demonstrates that strategic rollover hedging can be used as a substitute for missing long-term futures market and increase expected returns in cotton production. The estimated results reported average returns of 62.22, 65.36, 75.80, 79.09, and 69.14 cents per pound for cash sale, single-year hedge, 5, 2.5, and 1% three-year strategic rollover hedging strategies, respectively. Thus, it appears returns for... |
Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries; Marketing; Risk and Uncertainty. |
Ano: 2001 |
URL: http://purl.umn.edu/16708 |
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Turner, Steven C.; Dorfman, Jeffrey H.; Fletcher, Stanley M.. |
Merchandisers of landscape plants can increase the effectiveness of their marketing strategies by identifying target markets. Using a full information maximum likelihood tobit procedure on a system of three equations, target markets for different types of retail outlets in Georgia were identified. The results lend support and empirical evidence to the premise that different retail outlet types have different target markets and thus should develop different market strategies. The estimated target markets are identified and possible marketing strategies suitable for each type of retail outlet are suggested. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
Ano: 1990 |
URL: http://purl.umn.edu/29922 |
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Wang, Xuecai; Dorfman, Jeffrey H.; McKissick, John C.; Turner, Steven C.. |
In many parts of the U.S., beef cattle production is a large sector of the agricultural economy, yet few of the cattle are stockered; instead the production is focused on cow-calf operations only. Restricting their operation to only the first phase of beef production may be limiting the cattle owners' profit potential. This paper examines the opportunities for operators to earn additional profit from stockering cattle. Using a representative risk-averse producer, a decision set with seven possible marketing strategies is elevated for the optimal decision in a Bayesian framework which allows for price and production risk. We find that in many instances retaining the cattle for stockering is a superior decision when done in conjunction with specific... |
Tipo: Journal Article |
Palavras-chave: Cattle; Decision science; Estimation risk; Marketing; Livestock Production/Industries; C6; D2; Q1. |
Ano: 2001 |
URL: http://purl.umn.edu/15442 |
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Anderson, John D.; Hudson, Darren; Harri, Ardian; Turner, Steven C.. |
The traditional conception of a thin market based on transactions volume remains relevant in many agricultural markets but does not adequately frame emerging thin market issues. As non-price means of pricing goods becomes more common, some cash commodity markets have become residual markets. In some of these markets, not only the volume of transactions but also the representativeness of transactions to those on the related contract market is an important issue. This paper develops a concept of thin markets that accounts for this dimension of market thinness and proposes a research agenda related to this topic. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2007 |
URL: http://purl.umn.edu/34826 |
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Stavriotis, Paul A.; Houston, Jack E.; McIntosh, Christopher S.; Turner, Steven C.. |
Resurging southeastern cotton production compels better cotton acreage forecasts for planning seed, chemical, and other input requirements. Structural models describe leading acreage response indicators, and forecasts are compared time-series models. Cotton price, loan rate, deficiency payments, lagged corn acreage, the PIK program, and previous cotton yield significantly influence response. |
Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries. |
Ano: 1998 |
URL: http://purl.umn.edu/16717 |
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Registros recuperados: 33 | |
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