Agribusiness Commons^™

Ec77-868 Grain Pricing Alternatives, Lynn Lutgen

Department of Agricultural Economics: Faculty Publications

Grain marketing decisions during the 1950's and 60's were not as critical as in the past few years. During the 50's and 60's grain producers faced stable prices resulting from government production controls with prices fluctuating over the year perhaps 15 cents to 25 cents per bushel. As a result, producer marketing decisions had very little influence on revenue obtained by the firm. With more international involvements, producers have gone from an era of stable prices and large government surpluses to an era of unstable, widely fluctuating, and now declining prices for most major grains. The producer has two basic …

Economic Impact Of Railroad Branch-Line Abandonments: Results Of A Southcentral Nebraska Case Study, Dale G. Anderson, Floyd D. Gaibler, Mary Berglund

Department of Agricultural Economics: Faculty Publications

Some 249 miles of Nebraska rail line have been abandoned since 1963; another 310 miles are in contention at abandonment proceedings. The abandonment of these and other lines could have serious economic implications for grain elevators, farmers, and rural communities.

Track abandonment is occurring during a time of rapid expansion in the grain industry. U. S. corn and grain sorghum production increased more than 40 percent during the decade ending in 1973. Exports of these commodities increased 157 percent during the same period. Increases in grain production and exports, along with a shorter harvest season, are placing great strains on …

Place Discrimination In Rail Shipments Of Wheat From Great Plains Origins, Dale G. Anderson, Brian L. Mariska

Department of Agricultural Economics: Faculty Publications

The purpose of this study was to determine whether shipments of wheat by railroad from Nebraska and other Great Plains States are discriminated against relative to shipments from other wheat producing states and regions. Primary objectives were: 1. To develop a technique for measuring place discrimination. 2. To employ the technique in testing empirical data for evidence of discrimination. 3. To analyze the results and explore implications for geographically- separated wheat shippers. Ratios of railroad revenue/out-of-pocket costs for the years 1958 and 1966 were used to compare the relative cost burden borne by wheat shipments in geographically-separated hauls. Resulting ratios …

Mp25 The Problem Of Freight Car Supply, John Richard Felton

Department of Agricultural Economics: Faculty Publications

As early as 1907 the Interstate Commerce Commission held extensive hearings on freight car shortages. At frequent intervals ever since, Congress and the commission have addressed themselves to the problem of freight car supply with considerable vigor but meager results. Allegations of an inadequate supply of freight cars have been widespread in recent years. The decline in the number of freight cars is easy to document: between 1959 and 1968, the number of cars used in grain transport (boxcars and covered hopper cars) declined by 26%. If, however, consideration is given to changes in car capacity and car miles …

Commercial Farm Law: The Uniform Commercial Code, Thomas B. Allington, Clayton K. Yeutter

Department of Agricultural Economics: Faculty Publications

Commercial law includes such topics as sales contracts, notes, checks, shipping and storage documents, and a variety of financing instruments. Over the years much of the law on these topics has become complex, confusing, and often obsolete. The Uniform Commercial Code, or U.C.C., is designed, first, to bring about uniformity in state laws governing commerce, and second, to clarify, simplify, and modernize these laws. The Code's success in this respect is shown by the fact that it has now been adopted by almost all states. It became effective in Nebraska on September 2, 1965. Drafting of the U.C.C. dates back …