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University of Arkansas, Fayetteville

Inquiry: The University of Arkansas Undergraduate Research Journal

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Full-Text Articles in Agriculture

Information Content Of Usda Rice Reports And Price Reactions Of Rice Futures, Jessica L. Darby Jan 2015

Information Content Of Usda Rice Reports And Price Reactions Of Rice Futures, Jessica L. Darby

Inquiry: The University of Arkansas Undergraduate Research Journal

Rice is a predominant food staple in many regions of the world, and it is important to determine how efficiently the U.S. rice market helps to ensure world food security. This question can be answered by gauging the price discovery performance of the U.S. rice futures market and the economic usefulness of the U.S. government’s supply and demand forecasts. So, to this end, we employ two event study approaches: (1) to examine variability in returns on report-release days as compared to returns on pre- and post-report days, and (2) to regress price reactions on changes in usage and production information. …


Cost-Benefit Analysis Of Farmer Training In Ghanaian Cocoa Farming, Mike Norton Jan 2013

Cost-Benefit Analysis Of Farmer Training In Ghanaian Cocoa Farming, Mike Norton

Inquiry: The University of Arkansas Undergraduate Research Journal

While billions of dollars flow into low-income countries each year to ease poverty, assessing their effectiveness beyond the life of a development program proves challengin. In 2009, the World Cocoa Foundation (WCF) undertook the Cocoa Livelihoods Program (CLP) to strengthen cocoa-growing communities with training and credit programs. Using primary 2010-2011 production data collected in Ghana, this study estimates the net present value (NPV) change associated with CLP training over 50 years (two cocoa tree life cycles), assuming producers can utilize what they have learned well after the courses are completed. Applying regression analyses to determine the effect of CLP on …