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Social and Behavioral Sciences Commons™
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Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
The Role Of Farmer Heterogeneity In Nutrient Management: A Farm-Level Analysis, Hua Wang, Naveen Adusumilli, Daniel Fromme, Keith Shannon
The Role Of Farmer Heterogeneity In Nutrient Management: A Farm-Level Analysis, Hua Wang, Naveen Adusumilli, Daniel Fromme, Keith Shannon
Journal of Applied Farm Economics
Understanding farmer heterogeneity regarding nutrient management decisions is crucial for the success of any nonpoint source pollution prevention programs. Data from a farm- level experiment of cover crops in corn production were used in the Stochastic Efficiency with Respect to a Function framework to examine preference for nitrogen strategies over a range of risk aversion levels. We show the highest net return and certainty equivalent to the consideration of N supplied by cover crops. The results provide insights into policy discussions about the level of conservation incentives and plans that offer solutions to mitigate nonpoint source pollution.
Cost Efficiency Of International Corn And Soybean Production, Rachel Purdy, Michael Langemeier
Cost Efficiency Of International Corn And Soybean Production, Rachel Purdy, Michael Langemeier
Journal of Applied Farm Economics
The objective of this paper was to examine the cost efficiency of corn and soybean pro-duction for typical farms involved in the cash crop agri benchmark network using data for the period 2013 to 2017. Average cost efficiency for the typical farms in the network that produced corn, soybeans, and both corn and soybeans was 0.749, 0.774, and 0.939, respectively. Inefficiency was a greater problem for the farms producing corn than for the other farm types examined. Inefficient farms tended to overutilize direct, operating, and overhead inputs.
Price Relationships Between Calves And Yearlings: An Updated Structural Change Assessment, Glynn T. Tonsor, Emily Mollohan
Price Relationships Between Calves And Yearlings: An Updated Structural Change Assessment, Glynn T. Tonsor, Emily Mollohan
Journal of Applied Farm Economics
This article updates and extends the understanding of U.S. feeder cattle price determinants. Structural change in the summer of 2008 was identified, with both calf and yearling markets adjusting to become substantially more sensitive to changes in corn and expected live cattle prices. The impact of live cattle price expectations on feeder cattle prices is three or more times larger than the same proportional impact of corn price, and this relative impact has increased since 2008. Price spreads between calves and yearlings are also found to be more sensitive to input and output price changes than individual cattle price series. …