Social and Behavioral Sciences Commons^™

Nebraska Cow-Calf Operations Use Of Pricing Tools And Market Diversification Strategies To Manage Market Risk, Logan Kalkowski

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This thesis is the work of Logan Kalkowski with assistance and direction from the University of Nebraska-Lincoln and advisors Jay Parsons and Elliott Dennis. This thesis is divided into three chapters. The first chapter of this thesis investigates years of research and data collection from multiple agencies to find connections to reasoning for producers to choose marketing and diversification tools used in their operation.

The second chapter examines cow-calf marketing and risk management practices in Nebraska. Marketing and risk management behavior are examined by using the University of Nebraska-Lincoln Cow-calf survey data collected in 2016. The survey captures characteristics of …

Does The Nebraska Livestock Friendly County Program Affect Livestock Expansion In The State?, Brian E. Mills

Department of Agricultural Economics: Dissertations, Theses, and Student Research

Livestock production in Nebraska is a very essential part of the state’s economy with cash receipts from all livestock and products valued at $11.9 billion in 2013 (NDA 2015b). The Livestock Friendly County Program (LFCP) was instituted by the Nebraska Legislature in 2003 to further promote livestock development in the state. This thesis examines whether the program has had its intended impact for both cattle and hog farms. The analysis draws on the theory of long-run competitive equilibrium as a guide for the specification of the cattle and hog models. Three alternative specifications of the models using different sets of …

Three Essays On Biofuels, Drought, Livestock, And The Environment, Sunil P. Dhoubhadel

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This dissertation consists of three essays. The first essay examines the impact of the 2012 drought and the biofuels mandate on the U.S. grain and livestock markets. A stochastic equilibrium displacement model is used to analyze the impact on eight commodity markets viz. beef, pork, poultry, corn, distillers’ grain (DG), soybean, soymeal, and ethanol. Among the eight markets, corn and beef are found to be the most vulnerable to drought. The use of Renewable Identification Number (RIN) credits as an instrument to mitigate the impact of drought has limited effectiveness. A mandate waiver of about 23% is required to fully …

Information Pooling And Collusion: Implications For The Livestock Mandatory Reporting Act, Kenneth Njoroge

Department of Agricultural Economics: Faculty Publications

This paper develops a conceptual model that analyzes the impact of increasing market transparency under the Livestock Mandatory Reporting Act of 1999 on the incentives for collusion in the U.S. meatpacking industry. More than likely, meatpackers will have asymmetric priors regarding the distribution of livestock prices. Moreover, they lack the incentives to voluntarily reveal their real priors. Thus, the enforcer of the Act faces a problem of asymmetric information regarding the informativeness of publicly disclosed market reports relative to that of packers’ priors. Analytical results predict that divergent priors of Bayesian packers can be updated by more informative market reports, …