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Agricultural and Resource Economics Commons™
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Articles 1 - 6 of 6
Full-Text Articles in Agricultural and Resource Economics
China's Wheat Production Projections And Implications For Imports, Bashir Qasmi, Yunqing Wang, Scott Fausti, Han Kim
China's Wheat Production Projections And Implications For Imports, Bashir Qasmi, Yunqing Wang, Scott Fausti, Han Kim
Economics Staff Paper Series
Wheat production in China is analyzed using a seven-region model and data for 1978-1997. The empirical results indicate; 1) the area planted to wheat in China is responsive to the real wheat procurement price, 2) contrary to prior expectations, the growth in GNP, a proxy for industrialization and urbanization, did not seem to impact the wheat area significantly, 3) wheat yield showed a significant upward trend in all regions over time, depicting combined impacts of increased chemical fertilizer use, expansion of irrigated areas, increased investment, and other technological improvements, and 4) Chinese wheat production is projected to range from 132.33 …
Selected Economic Implications And Policy Aspects Of Agricultural Biotechnology, Evert Van Der Sluis, Matthew Diersen, Thomas Dobbs
Selected Economic Implications And Policy Aspects Of Agricultural Biotechnology, Evert Van Der Sluis, Matthew Diersen, Thomas Dobbs
Economics Staff Paper Series
The paper provides an overview of the types of economic costs, benefits, and risks involved with agricultural biotechnology at the farm level, at the market level, and for the farm and food system as a whole. Both advantages and disadvantages of agricultural biotechnology are discussed. Among the drivers of the US domestic and international consumer demand for transgenic crop products discussed in the paper are environmental and food safety concerns. A comparison is made between a 'science-based' regulatory framework and a policy based on the precautionary principle. The authors argue that open dialogue is needed for achieving improved public understanding …
An Empirical Investigation In To The Factors Influencing The Economic Incentive To Retain Ownership Of Weaned Steer Calves, Scott Fausti, Brad Johnson, William Epperson, Nancy Grathwohl
An Empirical Investigation In To The Factors Influencing The Economic Incentive To Retain Ownership Of Weaned Steer Calves, Scott Fausti, Brad Johnson, William Epperson, Nancy Grathwohl
Economics Staff Paper Series
Marketing and production data collected from weaned calves (628 head) in a university sponsored retained ownership demonstration program are analyzed to identify factors affecting the annualized rate of return when retaining ownership versus selling the calves at weaning. Data were collected on the following characteristics associated with the calves: 1) ranch-of-origin production management practices; 2) feedlot performance; 3) carcass merit; 4) health history; and 5) market prices. Retained ownership until slaughter was more profitable, on average, when compared to selling calves at weaning. The calculated annualized rate of return to retained ownership versus selling calves at weaning averaged 11.5% per …
Does The Producer Have An Incentive To Sell Fed Cattle On A Grid?, Scott Fausti, Bashir Qasmi
Does The Producer Have An Incentive To Sell Fed Cattle On A Grid?, Scott Fausti, Bashir Qasmi
Economics Staff Paper Series
Barriers to the adoption of grid pricing by fed cattle producers are investigated over a 206-week period (Jan. 1997 to Dec. 2000). The empirical findings document: I) when fed cattle are evaluated on a grid pricing system versus a dressed weight pricing system, a price differential per cwt. and a per-head revenue differential exists over time, 2) the price differential per cwt. is subject to seasonal variation which contributes to inconsistent price signals transmitted to producers concerning the market value of carcass characteristics over time; 3) grid revenue per-head variability is consistently higher than dressed weight revenue per-head variability over …
South Dakota's Hog Market: Developments And Prospects, Matthew Diersen
South Dakota's Hog Market: Developments And Prospects, Matthew Diersen
Economics Staff Paper Series
This paper examines the developments that have occurred in South Dakota's swine industry and offers insights into its future prospects. Data, trends, and literature related to this market were gathered in an effort to fill in specific gaps about South Dakota's market. Nationally and in South Dakota there are fewer producers raising hogs. The exit of relatively small producers from the industry reduced a seasonal spike of farrowings during the March-May quarter in recent years. A growing trend of in shipments, where feeder pigs are brought into South Dakota, finished, and marketed, has partially offset the reduction in farrowings. An …
The United Kingdom's Experience With Agri-Environmental Stewardship Schemes: Lessons And Issues For The United States And Europe, Thomas Dobbs, Jules Pretty
The United Kingdom's Experience With Agri-Environmental Stewardship Schemes: Lessons And Issues For The United States And Europe, Thomas Dobbs, Jules Pretty
Economics Staff Paper Series
Agricultural policy makers on both sides of the Atlantic are now faced with fundamental pressures and choices about farming and the environment. Member states of the European Union (EU) are attempting to shape new policies in implementation of the Agenda 2000 reforms of the Common Agricultural Policy (CAP), and the US is beginning active debate on a new farm bill. On the European side of the Atlantic, Agenda 2000 reforms are being influenced heavily by the concept of 'multi-functionality'. The Rural Development Regulation, essentially a second CAP pillar, allows EU member states to shift some of their CAP funds to …