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Would Ai Stocks Estimate Be As Surprised To Usda Stocks Reports As Private Market Analysts?, Asif Mahmud Chowdhury Jan 2023

Would Ai Stocks Estimate Be As Surprised To Usda Stocks Reports As Private Market Analysts?, Asif Mahmud Chowdhury

Electronic Theses and Dissertations

The USDA survey-based Quarterly Agriculture Stocks (QAS) reports are the primary source of information regarding the relative supply of U.S. corn, soybeans, and wheat for the last fifty years. Research has examined USDA stock reports and their relevancy to the market (e.g., Isengildina-Massa et al., 2021). In addition, private industry analysts estimate expected quarterly grain stock reports before USDA releases them. Market information firms such as Bloomberg and Reuters publish a subset of these estimates a few days before the USDA reports. Previous research has found that when industry analysts have significant differences in stock expectations compared to what the …


Effects Of Conservation Management Practices On Soil Health And Crop Yields In Eastern South Dakota, Alex Mclain Jan 2022

Effects Of Conservation Management Practices On Soil Health And Crop Yields In Eastern South Dakota, Alex Mclain

Electronic Theses and Dissertations

Conservation management practice adoption on agricultural land has increased in recent years due to increasing public and private investment. The anticipated impact of increasing conservation management practice adoption are reduced greenhouse gas emissions and improved soil, water, and air quality. Understanding how these conservation management practices affect agricultural producers economically is vital to properly incentivize these practices. The existing literature on how conservation management practices affect soil health and crop yields is mixed and generally has been conducted on experimental research stations. These studies may not fully account for the on-farm effects of conservation management practices. The objectives of this …


South Dakota Farmers’ Perceived Extreme Weather Frequency And Adaptation Measures, Tong Wang, Jim Ristau Dec 2021

South Dakota Farmers’ Perceived Extreme Weather Frequency And Adaptation Measures, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted surveys of eastern South Dakota (SD) commodity crop producers with the support of the South Dakota Corn Utilization Council. Using publicly available addresses of government program participants, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked to take a follow up survey. 94 were ineligible, and 350 responded for a 59% response rate. Producers could take the survey online or via …


South Dakota Farmers’ Perceived Value Of Carbon Credits, Tong Wang, Jim Ristau Dec 2021

South Dakota Farmers’ Perceived Value Of Carbon Credits, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted surveys with South Dakota commodity crop producers in the eastern part of the state in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, challenges and benefits to using conservation practices, and their attitudes about the environment. Using publicly available addresses from the Farm Service Agency of government program participants, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey …


South Dakota Farmers’ Usage Of Integrated Crop & Livestock Management, Tong Wang, Jim Ristau Dec 2021

South Dakota Farmers’ Usage Of Integrated Crop & Livestock Management, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked …


South Dakota Farmer Survey Chemical Use On Cropland, Tong Wang, Jim Ristau Dec 2021

South Dakota Farmer Survey Chemical Use On Cropland, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted surveys with South Dakota (SD) commodity crop producers in the eastern part of the state in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, challenges, and benefits to using conservation practices, and their attitudes about the environment. Using publicly available addresses from the Farm Service Agency of government program participants, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the …


South Dakota Farmers’ Usage Of Cover Crops, Tong Wang, Jim Ristau Dec 2021

South Dakota Farmers’ Usage Of Cover Crops, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked …


South Dakota Farmers’ Usage Of Conservation Tillage, Tong Wang, Jim Ristau Dec 2021

South Dakota Farmers’ Usage Of Conservation Tillage, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked …


South Dakota Farmers’ Usage Of Diversified Crop Rotations, Tong Wang, Jim Ristau Dec 2021

South Dakota Farmers’ Usage Of Diversified Crop Rotations, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked to take a follow up …


2021 South Dakota Producer Resurvey Descriptive Results, Tong Wang, Jessica Ulrich-Schad, Stephen Cheye, Ness School Of Management And Economics Jun 2021

2021 South Dakota Producer Resurvey Descriptive Results, Tong Wang, Jessica Ulrich-Schad, Stephen Cheye, Ness School Of Management And Economics

South Dakota Farm Survey

From January to March 2021, researchers from South Dakota State University (SDSU) and Utah State University (USU) conducted a resurvey of South Dakota of commodity crop producers in the eastern part of the state to study their attitudes and usage of soil and water conservation practices including cover crops, diversified crop rotations, conservation tillage, and integrated crop and livestock management. These same producers completed a similar survey in 2018 (see Wang et al. 2021a, b; Saak et al. 2021; Kolady et al. 2020; Avemegah et al. 2020).1 In the 2018 surveys, farming operations in 34 South Dakota counties east of …


South Dakota Farmers’ Views On Environment & Community, Tong Wang, Jim Ristau Jan 2021

South Dakota Farmers’ Views On Environment & Community, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, and their values.


Genetically Modified Corn Diffusion And Biofuel Usage: Impacts On Corn Belt Cropping Systems Changes, Kenneth Annan Jan 2021

Genetically Modified Corn Diffusion And Biofuel Usage: Impacts On Corn Belt Cropping Systems Changes, Kenneth Annan

Electronic Theses and Dissertations

The adoption of genetically modified (GM) crops, the rise of ethanol production that produced an additional derived demand for corn, and the increasingly prominent position of corn and soybeans in crop rotations embody major changes in U.S. agriculture during the past decades. This study investigates the linkages among these developments in two ways. First, we look at how biotechnology and biofuels have influenced cropping system changes in the Corn Belt region of the United States, using state-level data from 2000 to 2019. Second, we investigate the determinants of corn acreage intensification levels and heterogeneity at the state level using data …


Exploring The Determinants Of Aspects Of Rotational Grazing In The U.S. Great Plains, Iftekhar Uddin Ahmed Chowdhury Jan 2021

Exploring The Determinants Of Aspects Of Rotational Grazing In The U.S. Great Plains, Iftekhar Uddin Ahmed Chowdhury

Electronic Theses and Dissertations

Pasture and rangeland make up about 45 percent of the agricultural land in the U.S. Great Plains and one of the most common form of mismanagement of this pasture is overgrazing. Which results in many detrimental effects on environment. Many practitioners endorsed Rotational grazing (RG) as an improved grazing management practice over season-long continuous grazing. The overall goal of the current study is to assess the certain aspects of using RG in the U.S. Great Plains. Using mail survey data of the of 874 beef cattle producers of North Dakota, South Dakota, and Texas, the study found that neighborhood practice, …


Factors Influencing Adoption And Adoption Intensity Of Precision Agriculture Technologies In South Dakota, Md Mahi Uddin Jan 2020

Factors Influencing Adoption And Adoption Intensity Of Precision Agriculture Technologies In South Dakota, Md Mahi Uddin

Electronic Theses and Dissertations

Precision agriculture can play an important role in preserving the environment and improving the economic conditions of agricultural producers. This thesis analyzes the determinants of adoption and adoption intensity of precision agriculture technologies in South Dakota. This analysis uses survey data collected from 199 farms distributed over 28 different counties in South Dakota, accounting for approximately 500,000 acres of tillable agricultural land, to (1) discover the factors impacting precision technology adoption; (2) compare and contrast several characteristics among adopters and non-adopters; and (3) develop probit, count, and negative binomial models to determine the significance of explanatory variables impacting precision technology …


The Economic And Social Values Associated With Small South Dakota Lakes, Aaron Patrick Sundmark Jan 2019

The Economic And Social Values Associated With Small South Dakota Lakes, Aaron Patrick Sundmark

Electronic Theses and Dissertations

The valuation of small fishing lakes is a vital component in understanding the importance of fishing and of recreational resources, in general. Knowing the values associated with such lakes is essential when prioritizing management activities. The overall value of a lake as a resource for human benefit is estimated as the summation of both instrumental and non-instrumental values. Instrumental values consist of economic and utilitarian values, as well as the values that a lake provides from ecosystem services. Non-instrumental values consider what the lake is worth as a good of its own, such as aesthetic, moral, and spiritual values gained …


2018 South Dakota Commodity Crop Producer Survey Results, Jessica D. Ulrich-Schad, Abdelrahim Abulbasher, Department Of Sociology And Rural Studies, Ness School Of Management And Economics May 2018

2018 South Dakota Commodity Crop Producer Survey Results, Jessica D. Ulrich-Schad, Abdelrahim Abulbasher, Department Of Sociology And Rural Studies, Ness School Of Management And Economics

South Dakota Farm Survey

From January to March 2018, we surveyed South Dakota commodity crop producers about their land management practices and attitudes. Farming operations in 34 South Dakota counties east of the Missouri River, where most of corn and soybean farming activities in the state are located, were targeted to take the questionnaire (see map below). We obtained a list of 10,000 farming operations that had participated in Farm Service Agency (FSA) programs in 2016 from the FSA and selected 3,000 operations to participate using proportionate stratified-random sampling according to number of farming operations in the study counties. The questionnaire directed the person …


Adoption Of Conservation Practices And Precision Technologies In South Dakota: An Empirical Analysis, Allen P. Deutz Jan 2018

Adoption Of Conservation Practices And Precision Technologies In South Dakota: An Empirical Analysis, Allen P. Deutz

Electronic Theses and Dissertations

Advances in conservation agriculture and precision agriculture technology practices have contributed to the adoption of conservation practices that reduce externalities from agricultural production, but this conversion was usually coupled with economic incentive, whether from increases in fertility and yield, or payments for on farm retirement or restoration practices. This study expands on this theme, evaluating the connection between conservation and the increased use of various precision agriculture technologies. The study uses survey data collected from South Dakota farmers and ranchers, with responses from 28 counties and over 500,000 acres of crop, pasture, and range land to address the following three …


Factors Affecting Feedlots' Decisions On Cattle Marketing Options: A National Study, Charlotte Owusu-Smart Jan 2017

Factors Affecting Feedlots' Decisions On Cattle Marketing Options: A National Study, Charlotte Owusu-Smart

Electronic Theses and Dissertations

This thesis investigates the economic implication of changing slaughter volume patterns across the cash and contract markets in the US cattle industry. Weekly time series data that spans from November 2002 to December 2015 was used in the analysis. Empirical evidence suggests that Mandatory Price Reporting (MPR) played an important role in changing slaughter volumes across the cash and contract markets. Additionally, price of feeder cattle, cattle quality characteristics (Choice-Select spread and the percentage of animals grading choice or better) among others influence feedlots’ decision to use a particular marketing arrangement.


Heterogeneous Nitrogen Losses: Cost-Effectiveness Analysis Of Changes In Management Across South Dakota, Archibold Quaye Jan 2017

Heterogeneous Nitrogen Losses: Cost-Effectiveness Analysis Of Changes In Management Across South Dakota, Archibold Quaye

Electronic Theses and Dissertations

The loss of nitrogen fertilizer into the atmosphere and waterways is of increasing concern for citizens and policy makers. This is particularly relevant for hypoxia in rivers, lakes, and oceans, but also relevant for policy makers in reducing the increasing concentration of greenhouse gases (GHG) in the atmosphere. GHGs trap heat in the atmosphere and include: carbon dioxide, methane, nitrous oxide and fluorinated gases. Overall, the estimated contribution from the agricultural sector to GHG emissions was 9% in 2013 (EPA, 2013). Further, the addition of nitrogen to the soil through the use of synthetic fertilizers is a main contributor to …


Encouraging Organic Agriculture: The Effects Of Conversion Subsidies, Sarah Adams Inkoom Jan 2017

Encouraging Organic Agriculture: The Effects Of Conversion Subsidies, Sarah Adams Inkoom

Electronic Theses and Dissertations

This thesis examines the importance of conversional subsidies in accounting for an increase in organic acreage in the 12 North-Central States in the United States. Monthly time series data that spans from January 2002 to December 2014 was used in the analysis. Empirical evidence suggests that increase in organic acreage is due in part to the availability of conversion subsidies. Without government assistance, most small-scale farmers are not sufficiently motivated to switch to organic production due to the high initial costs involved in transitioning. Further, increased institutional support could facilitate organic adoption and its absence is detrimental to increasing the …


Performance Of The Producer Accumulator In Corn And Soybean Commodity Markets, Chad Te Slaa Jan 2017

Performance Of The Producer Accumulator In Corn And Soybean Commodity Markets, Chad Te Slaa

Electronic Theses and Dissertations

This research quantifies risk reduction and performance of the producer accumulator contract in corn and soybean markets. To quantify performance, we use three alternative theoretical pricing models to estimate historical producer accumulator contract specifications in corn and soybean markets. We then compare the performance of the producer accumulator to eight alternative agricultural marketing strategy portfolios that are also used in new generation grain contracts. The performance measures we compare are: average bushel price that would be received by the producer, daily portfolio risk, and the Sharpe ratio. The period we examine performance was between 2008 and 2017. We investigate performance …


Complex Effects Of Value-Added Livestock Ventures, Matthew A. Diersen Jun 2016

Complex Effects Of Value-Added Livestock Ventures, Matthew A. Diersen

Economics Commentator

Value-added agriculture ventures are generally touted as being positive for a region’s economy. A product formerly shipped elsewhere may now be processed or modified locally or regionally, providing additional employment and related economic activity. Ethanol production, for example, disrupts the pattern of sending corn out of a region, but usually occurs where corn production is already prevalent. Consider, instead, the implications of a new livestock production facility. In this article, observations are made at the state and county levels related to livestock ventures. Kingsbury County is examined for potential effects on the production agriculture (or farming) sector. A livestock venture …


Temporal And Spatial Influences On South Dakota Farm Economies Of Size, Henry Brown Jan 2016

Temporal And Spatial Influences On South Dakota Farm Economies Of Size, Henry Brown

Electronic Theses and Dissertations

Census of Agriculture data are evaluated to test for economies of size of South Dakota farms. Economies of size occur when per-unit costs decrease as the size of a firm increases. This research measures technical economies of size, which assume that all firms pay identical input prices and receive identical output prices. The dependent variable of the model is expenses per dollar of sales. This is a typical measure of efficiency in agricultural statistics. The data come from the four prior Census of Agriculture years, 1997, 2002, 2007, and 2012. A state-wide model and a county-wide model were developed to …


Relationship Of Grain Stocks And Farmer Marketings, Tyler Holmquist Jan 2016

Relationship Of Grain Stocks And Farmer Marketings, Tyler Holmquist

Electronic Theses and Dissertations

This research explores the relationship between quarterly grain stocks and monthly grain marketings. Reviewing when, how, and why stocks move from on-farm and off-farm inventories, an interpretation of quarterly commodity disappearance and crop marketings is formed. An explanatory model is first developed for farmer marketings, where price expectations are used to assess market signals to change ownership of crops. The model is applied to South Dakota corn, soybeans, and wheat from 1985 through 2015. The subsequent analysis contributes to a model that explains quarterly changes in stocks in terms of supply levels and the expected effect from marketings on disappearance. …


Attitude Comparison Among South Dakota Family Members Regarding Estate Planning And Farm Transitions, Heather Gessner Jan 2016

Attitude Comparison Among South Dakota Family Members Regarding Estate Planning And Farm Transitions, Heather Gessner

Electronic Theses and Dissertations

Estate planning and intergenerational farm transitions are the focus of research and extension programs across the nation due to the potential tax consequences faced by farm operations, retirement funding options available and utilized by farmers, changes in asset transition tools available, and communication (or lack of communication) issues related to bringing an heir back to the family operation.
Past plans for research projects and extension programming developed across the nation and in South Dakota (SD), were created with many assumptions regarding the attitudes of farm family members towards the transition of ownership of the operational assets and personal assets of …


Farmland Use Decisions In The Dakota's: Key Results From The 2015 Producer Survey, Larry Janssen, Moses Luri, Md. Chowdhury, Hongli Feng, David Hennessy Nov 2015

Farmland Use Decisions In The Dakota's: Key Results From The 2015 Producer Survey, Larry Janssen, Moses Luri, Md. Chowdhury, Hongli Feng, David Hennessy

Economics Commentator

This newsletter is written to summarize the major findings from the 2015 survey on farmland use decisions in the Dakotas which was completed by 1,026 producers located across 57 counties in South Dakota and North Dakota. We wish to thank each person that completed this survey in March or April of 2015. We are sending this newsletter to their household as our “thank you” for participating. The key findings should be of general interest to a wider audience and the following content is written for this purpose.


Drivers Of Agricultural Land Use Change And Management Decisions In The Dakotas: The Influence Of Climate Change And Other Factors, Moses Luri Jan 2015

Drivers Of Agricultural Land Use Change And Management Decisions In The Dakotas: The Influence Of Climate Change And Other Factors, Moses Luri

Electronic Theses and Dissertations

This thesis conducts a general assessment of the: main drivers of land use change; recent and projected land use patterns; and the evolution of agriculture in the Dakotas. Specifically, it determines the main motives of land use change in the Dakotas by investigating individual and joint effects of external drivers of land use change on farm operators’ decisions and also examines recent and projected agricultural land use patterns in the Dakotas. Farm operators’ perceptions about the evolution of agriculture in the Dakotas based on observed changes in their local area were also analyzed. The study region consists of 37 counties …


An Economic Analysis Of High-Intensity, Short-Duration Grazing Systems In South Dakota And Nebraska, Larry Janssen, Bronc Mcmurtry, Matthew Stockton, Alexander Smart, Sharon A. Clay Jan 2015

An Economic Analysis Of High-Intensity, Short-Duration Grazing Systems In South Dakota And Nebraska, Larry Janssen, Bronc Mcmurtry, Matthew Stockton, Alexander Smart, Sharon A. Clay

Agronomy, Horticulture and Plant Science Faculty Publications

Four different grazing systems: two rotational systems, a continuous grazing system, and a modified high-intensity, short-duration (mob) system were evaluated from an economic return and risk perspective. Stocking rates and average daily gains (ADG) were obtained from 2011 – 2014 from university ranch experiments in northern Nebraska. Simulation models were used to examine net returns and risk in each system and rank systems according to risk preferences. A twice through rotational grazing system was most profitable. Mob grazing was the least preferred, although when risk aversion increased, it rose in preference. Mob grazing could be profitable if adjustments increased animal …


Department Of Economics Publication List 2012, Penny Stover Apr 2013

Department Of Economics Publication List 2012, Penny Stover

Economics Pamphlet Series

This compilation lists works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author at the end of this pamphlet for easy access by the public. The articles were published between January 1, 2012 and December 31, 2012, except for those works printed in italics which have been accepted for publication but not actually printed as of December 31, 2012.


Department Of Economics Publication List 2010, Penny Stover Jan 2011

Department Of Economics Publication List 2010, Penny Stover

Economics Pamphlet Series

This compilation lists published works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author at the end of the pamphlet for easy access by the public. The articles were published between January 1, 2010 and December 31, 2010.