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Evaluating the Saskatchewan Short-Term Hog Loan Program AgEcon
Lien, Donald; Hennessy, David A..
The Saskatchewan short-term hog loan program of 2002 provided a non-market credit line to participating hog producers. The repayment conditions for cash advances committed to by the provincial government depend on later hog prices, and so the program has derivative contract attributes. We model the contracts and use an estimated spot price stochastic process to establish summary statistics for producer benefits from the program.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural policy; Derivative contract; Domestic support; International trade agreements; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/18571
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Review and Analysis of International and Budgetary Considerations for the 2007 U.S. Farm Bill AgEcon
Qasmi, Bashir A.; Van der Sluis, Evert.
We assess the extent to which national budget considerations, international trade negotiations, and domestic political deliberations affect the potential development of an omnibus farm bill, which may be signed into law in 2008. With no successful conclusion of the Doha Development Round of trade negotiations in sight, U.S. legislators appear unable to make politically unpopular decisions on domestic farm policy reform. However, the absence of an international trade agreement does not reduce the need for the U.S. to comply with previous agreements.
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Budget deficit; International trade agreements; Agricultural policy; Agricultural and Food Policy; International Relations/Trade; Public Economics.
Ano: 2008 URL: http://purl.umn.edu/6761
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