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Agricultural and Resource Economics Commons™

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Articles 541 - 570 of 782

Full-Text Articles in Agricultural and Resource Economics

The Influence Of Technological Change On Grain Elevator Pricing Efficiency, Brian Schmiesing, Steven Blank, Steven Gunn Dec 1984

The Influence Of Technological Change On Grain Elevator Pricing Efficiency, Brian Schmiesing, Steven Blank, Steven Gunn

Economics Staff Paper Series (1969 - 2017)

The introduction of unit train technology is found to increase the pricing efficiency of a case study elevator. Daily prices are found to be more correlated with destination market prices and nearby futures contract prices after the subterminal was introduced. The increased ability to physically arbitrage between markets integrated the elevator into the regional and national grain market. The subterminal technology altered the price behavior of the elevator beyond simply changing the level of prices received by producers.

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Comparing Faculty And Alumni Expectations Of Future Agricultural Economics Curriculum Content, Steven Blank Dec 1984

Comparing Faculty And Alumni Expectations Of Future Agricultural Economics Curriculum Content, Steven Blank

Economics Staff Paper Series (1969 - 2017)

This paper assesses both faculty and alumni expectations of future agricultural economics programs by reviewing the results of two surveys, one completed by each group. In general, faculty and alumni agree about the areas of greatest curriculum and/or resource need, but there are some differences. In the future, departments will continue to be challenged to balance their curriculum between what students want (agribusiness) and what they need (basic education).

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Speculation Of Cash Grain Inventories: Is There An Alternative?, Brian H. Schmiesing Nov 1984

Speculation Of Cash Grain Inventories: Is There An Alternative?, Brian H. Schmiesing

Economics Commentator (1972- 2016)

No abstract provided.

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Accounts Receivable Management At Local Cooperatives: A Review Of Actual Practices And Strategies For Improvement, Brian Schmiesing, Julie Bleyhl Nov 1984

Accounts Receivable Management At Local Cooperatives: A Review Of Actual Practices And Strategies For Improvement, Brian Schmiesing, Julie Bleyhl

Economics Staff Paper Series (1969 - 2017)

Accounts receivable represent a major operating expense for local cooperatives. For example, the average local Minnesota cooperative affiliated with a major regional cooperative in 1983 had 35 percent of their total current assets being accounts receivable and credit costs associated with accounts receivable represented 2.5 percent of the credit sales revenue. In contrast, local net savings were only 1.2 percent of sales. Effective accounts receivable management is particularly important in a period of financial stress in agriculture, high interest rates on borrowed capital and narrow local cooperative margins. This paper will review the actual accounts receivable management practices of local …

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Policy Interdependence, Causality And Supply Response In World Markets: The Case Of U.S. And Australian Tobacco, Steven Blank Nov 1984

Policy Interdependence, Causality And Supply Response In World Markets: The Case Of U.S. And Australian Tobacco, Steven Blank

Economics Staff Paper Series (1969 - 2017)

The economic impact of international policy interdependence is illustrated using the world tobacco market as an example. The price discovery process is assessed using U.S. and Australian data. It appears that world tobacco prices are set through an oligopolistic rule-of-thumb pricing system with the U.S. being the tacit price leader. As a result, there has been a causal relationship between U.S. and Australian tobacco prices . However, no direct supply response to U.S. prices was observed in Australian markets.

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The Impact Of Government Intervention In The Australian Dairy Industry, Steven Blank Oct 1984

The Impact Of Government Intervention In The Australian Dairy Industry, Steven Blank

Economics Staff Paper Series (1969 - 2017)

This study assesses the economic impact of existing Australian dairy pricing policies on resource allocation and income distribution among participants in dairy markets. Australia is used as an example because it recently became the first major producing country to decide to eliminate federal intervention in the dairy price discovery process. Results indicate that significant costs and transfers can be attributed to the influence of government intervention. Also, evidence of policy bias favoring producers over consumers is found.

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Agriculture's Capacity To Feed A Hungry World, Thomas L. Dobbs Oct 1984

Agriculture's Capacity To Feed A Hungry World, Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

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Price Dependence And Futures Price Theory, Steven Blank Oct 1984

Price Dependence And Futures Price Theory, Steven Blank

Economics Staff Paper Series (1969 - 2017)

A new interpretation of commodity futures price theory is evaluated because, currently, many products exhibit price behavior which cannot be explained with existing theory. A method for classifying products according to the particular price theory relevant to them is provided. The classification method uses the futures price dependence enforced by arbitrage opportunities in spot markets as its base. The futures markets for beef cattle and corn are used as examples.

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Recent Trends In South Dakota's Farmland Market, Larry Janssen Sep 1984

Recent Trends In South Dakota's Farmland Market, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.

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Determining An Effective Teaching/Research Composition For Agricultural Economics Faculty Positions, Steven Blank Sep 1984

Determining An Effective Teaching/Research Composition For Agricultural Economics Faculty Positions, Steven Blank

Economics Staff Paper Series (1969 - 2017)

Making more efficient use of resources in agricultural economics departments is an important challenge of this period of budget stress (Stanton and Farrell). Beattie noted that during such periods “. . . something must be done to relieve the pressure lest our universities be forced to reduce the quantity and/or quality of their output" (p. 209). In suggesting a direction for necessary action, Beattie used an analogy from the theory of the firm to argue for a strategy of "revenue maximization" on the part of agricultural economics departments. To achieve an efficient resource allocation "a university department, like a multi-product …

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Role-Playing, Case Studies And Simulation Games As Teaching Aids In Applied Economics Courses, Steven Blank Sep 1984

Role-Playing, Case Studies And Simulation Games As Teaching Aids In Applied Economics Courses, Steven Blank

Economics Staff Paper Series (1969 - 2017)

This paper assesses the impact of introducing role-playing, case studies and simulation games into undergraduate courses in applied economics. An educational impact model is used in a qualitative evaluation of the teaching aids and to generate hypotheses. Quantitative results of two experiments are used to test the hypotheses. Results indicate that each aid can improve students' performance when used in appropriate situations. However, there is a definite trade-off between student contact time requirements and the effect of these aids.

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Farm Policy Decisions--What Do South Dakota Farmers Think?, Larry Janssen, Mark Edelman Aug 1984

Farm Policy Decisions--What Do South Dakota Farmers Think?, Larry Janssen, Mark Edelman

Economics Commentator (1972- 2016)

No abstract provided.

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Farm Policy Decisions--What Do South Dakota Farmers Think?, Larry Janssen, Mark Edelman Jul 1984

Farm Policy Decisions--What Do South Dakota Farmers Think?, Larry Janssen, Mark Edelman

Economics Commentator (1972- 2016)

No abstract provided.

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Agricultural Credit: Turmoil And Possible Alternatives, Brian H. Schmiesing Jun 1984

Agricultural Credit: Turmoil And Possible Alternatives, Brian H. Schmiesing

Economics Commentator (1972- 2016)

No abstract provided.

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Two Basic Option Strategies For Producers: Buying Puts And Shorting Calls, Brian Schmiesing May 1984

Two Basic Option Strategies For Producers: Buying Puts And Shorting Calls, Brian Schmiesing

Economics Staff Paper Series (1969 - 2017)

Beginning in the Fall of 1984, agricultural producers and agribusinesses will be confronted with another dimension of the deregulation trend in American Industry. Options on domestically produced agricultural commodities once again can be traded. As the country debates the 1985 Farm Bill, producers and agribusinesses must be making every effort to be prepared for the possibility of greater dependence on the market oriented policies in agriculture. In a free market environment, options, and their associated strategies must be considered as part of producer and agribusiness market strategies. This paper describes the basic terms and types of options, examines two option …

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How Will Water Development Be Financed In South Dakota?, Thomas L. Dobbs May 1984

How Will Water Development Be Financed In South Dakota?, Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

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Trends In South Dakota Cash Rent, Wallace G. Aanderud Apr 1984

Trends In South Dakota Cash Rent, Wallace G. Aanderud

Economics Commentator (1972- 2016)

No abstract provided.

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Agricultural Economics In Multidiscipline Research And Extension: Leading, Following, Integrating, Thomas Dobbs Apr 1984

Agricultural Economics In Multidiscipline Research And Extension: Leading, Following, Integrating, Thomas Dobbs

Economics Staff Paper Series (1969 - 2017)

Multidiscipline agricultural research and extension provide special challenges to natural and social scientists. Each discipline, including agricultural economics, has unique strengths which can contribute to the effectiveness of multidiscipline programs. Each also faces special challenges and difficulties in such endeavors. This paper is intended to convey some of the major roles and challenges concerning involvement of agricultural economics in multidiscipline research and extension. It ls hoped that a better understanding of these roles and challenges will enable agricultural economists and their col leagues in other agricultural disciplines to more effectively work together. Thus, the intended audience for this paper includes …

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Understanding The Exchange Value Of The Dollar, Mark A. Edelman Mar 1984

Understanding The Exchange Value Of The Dollar, Mark A. Edelman

Economics Commentator (1972- 2016)

No abstract provided.

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Changing Times In South Dakota Agriculture: Implications For Our Citizens, Larry Janssen Feb 1984

Changing Times In South Dakota Agriculture: Implications For Our Citizens, Larry Janssen

Economics Staff Paper Series (1969 - 2017)

We are living in times of rapid change in agriculture and in rural America. Hog and beef confinement systems, automated feeding systems, pesticides, four-wheel drive tractors and personal computers are innovations that did not exist or were seldom seen on farms 25 years ago. Interstate highways, factories in small cities, subterminal elevators and consolidated schools are examples of the changing landscape in rural America. In times of rapid change, many people are concerned about the future of agriculture, family farms and rural communities. In this paper, recent trends in South Dakota agriculture are presented and analyzed. Major implications of these …

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Agricultural Commodity Commodity Options: A New Marketing Alternative, Brian H. Schmiesing Feb 1984

Agricultural Commodity Commodity Options: A New Marketing Alternative, Brian H. Schmiesing

Economics Commentator (1972- 2016)

No abstract provided.

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Agricultural And Economic Development In South Dakota, Thomas L. Dobbs Jan 1984

Agricultural And Economic Development In South Dakota, Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

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Economic Research And Education To Strengthen South Dakota's Future, John E. Thompson Dec 1983

Economic Research And Education To Strengthen South Dakota's Future, John E. Thompson

Economics Commentator (1972- 2016)

No abstract provided.

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Swine Production And Marketing Trends In South Dakota, Larry Janssen Nov 1983

Swine Production And Marketing Trends In South Dakota, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.

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Toward Understanding Our Economy Community Economic Bases And Income Multipliers, Gene E. Murra Nov 1983

Toward Understanding Our Economy Community Economic Bases And Income Multipliers, Gene E. Murra

Economics Commentator (1972- 2016)

No abstract provided.

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South Dakota Irrigation What's Special About It?, Donald C. Taylor Oct 1983

South Dakota Irrigation What's Special About It?, Donald C. Taylor

Economics Commentator (1972- 2016)

No abstract provided.

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Agricultural Processing Possibilities In South Dakota: The Alcohol Fuels Case, Thomas Dobbs Sep 1983

Agricultural Processing Possibilities In South Dakota: The Alcohol Fuels Case, Thomas Dobbs

Economics Staff Paper Series (1969 - 2017)

Fuel alcohol production experience and prospects are addressed in this paper as a case example of agricultural processing development in South Dakota. The remarks here are based largely on interdisciplinary research at South Dakota State University (SDSU) in which I have participated over the past four years. This research, coupled with development experiences in fuel alcohol over the past few years, provides insights to prospects and limitations for furthering agricultural processing in South Dakota.

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Farmland Market In South Dakota, Larry Janssen Sep 1983

Farmland Market In South Dakota, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.

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Farmland Tenure And Ownership Trends In South Dakota, Larry Janssen Aug 1983

Farmland Tenure And Ownership Trends In South Dakota, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.

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What Should Be The Farm Credit Policy?, Mark A. Edelman Jul 1983

What Should Be The Farm Credit Policy?, Mark A. Edelman

Economics Commentator (1972- 2016)

No abstract provided.

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