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Registros recuperados: 5
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A Reexamination of the U.S. Export Demand for Soybeans and Soybean Products AgEcon
Uri, Noel D.; Hyberg, Bengt.
This paper addresses the question of whether the export demand for soybeans and soybean products changed structurally over the 1950 to 1992 period as the U.S. agricultural sector became more integrated with the rest of the world economy. The results suggest that export demands were stable for soybeans, soybean meal and soybean oil over the sample period. Moreover, it is possible to infer conclusively that the long-run soybean and soybean product export price elasticities were in the elastic range. The implications include that for each one percent reduction in the price of soybeans, soybean meal and/or soybean oil brought about through a government program, exports increased by more than one percent, leading to a reduction in the variability of soybean and...
Tipo: Journal Article Palavras-chave: Export demand; Export price elasticities; Soybeans; Soybean meal; Soybean oil; Agribusiness; Crop Production/Industries; Demand and Price Analysis; International Relations/Trade.
Ano: 1994 URL: http://purl.umn.edu/90645
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A VARIABLE PRICE SUPPORT FARM PROGRAM: A TRANSITION TOOL TO A FREE MARKET AgEcon
Huang, Wen-Yuan; Hyberg, Bengt; Segarra, Eduardo.
This paper analyzes a variable price support program (VPS) as an alternative to the current farm income support program. The VPS program can control U.S. agricultural production while protecting income of small farmers. The VPS is designed to alter farm level production decisions by reducing commodity support prices for each additional unit of production produced. This will serve to discourage excess aggregate production. The VPS program can be a mechanism to stabilize income of efficient small farms during the transition from the current farm programs to a free market environment. An illustrative study is used to target government program benefits to various farm-size groups.
Tipo: Journal Article Palavras-chave: Agricultural Finance.
Ano: 1990 URL: http://purl.umn.edu/29902
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AGRICULTURE AND ENVIRONMENTAL POLICY: RECENT UNITED STATES AND AUSTRALIAN DEVELOPMENTS AgEcon
Hyberg, Bengt; Pascoe, Sean.
Agricultural development in both the United States and Australia has led to suboptimal levels of environmental degradation. While both countries face similar forms of agricultural environmental degradation, the different resource endowment and population distributions have resulted in a different incidence of the costs of these problems. Increasing demand for environmental services and better information on off-site damages have led to increasing demand for reform of agricultural, rural development, and environmental programs to eliminate biases against practices viewed as more environmentally compatible.
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy.
Ano: 1991 URL: http://purl.umn.edu/28813
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DIFFERENTIATION AND IMPLICIT PRICES OF U.S. WHEAT EXPORTS AgEcon
Uri, Noel D.; Hyberg, Bengt.
This investigation looks at whether the grade determining and official criteria factors identified by the Federal Grain Inspection Service influence the price of wheat for export and, in turn, the competitiveness of United States wheat in the world market. Using data on the transactions price for hard red winter wheat, hard red spring wheat, and soft white wheat and the associated quality characteristics covering the period January 1990 through December 1991 and exported to 63 countries, the results suggest that the test weight, the percentage of shrunken and broken kernels, the protein content, the presence of aflatoxin, the presence of insects, and the falling number are characteristics consistently valued by the market.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1996 URL: http://purl.umn.edu/27068
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Quality Pricing in U.S. Soybean Exports AgEcon
Lyford, Conrad P.; Yumkella, Kandeh K.; Mercier, Stephanie; Hyberg, Bengt.
This paper examines quality-price relationship in U.S. soybean exports. Implicit prices for quality characteristics of U.S. soybean exports were estimated using a hedonic price function from a rich transaction-specific data set to major destination markets to test the efficiency of the market in transmitting preferences for quality. The results of this analysis suggest that the price of soybean export shipments was not affected by the oil and protein content of the soybeans. Moisture content was surprisingly found to positively affect price while foreign material reduced price after the 1989-1990 marketing year. These results are discussed for their implications for existing, and proposed changes to existing, soybean market regulation.
Tipo: Journal Article Palavras-chave: Soybeans; Quality; Hedonic price analysis; Agribusiness; Crop Production/Industries; Demand and Price Analysis.
Ano: 1997 URL: http://purl.umn.edu/90405
Registros recuperados: 5
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