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University of Nebraska - Lincoln

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Articles 301 - 330 of 1290

Full-Text Articles in Agricultural and Resource Economics

The Impact Of The African Growth And Opportunity Act (Agoa): An Empirical Analysis Of Sub-Saharan African Agricultural Exports, Addisalem Zenebe Aug 2013

The Impact Of The African Growth And Opportunity Act (Agoa): An Empirical Analysis Of Sub-Saharan African Agricultural Exports, Addisalem Zenebe

Department of Agricultural Economics: Dissertations, Theses, and Student Research

The African Growth and Opportunities Act (AGOA) which was signed into law in 2000 as part of U.S. trade legislation has the objectives of increasing trade and investment between the U.S. and eligible Sub-Saharan African (SSA) countries, by reducing or eliminating tariffs applied to African exports of different products. This Act represents a promising approach to economic growth and development in SSA through international trade.

This thesis examines the impact of AGOA on African agricultural exports. The study uses the gravity trade model framework and panel data depicting annual agricultural trade from 35 eligible SSA countries to the United States …


Impacts Of The Federal Farm And Ranch Lands Protection Program: An Assessment Based On Interviews With Participating Landowners, J. Dixon Esseks, Brian J. Schilling, Alexander Hahn Jun 2013

Impacts Of The Federal Farm And Ranch Lands Protection Program: An Assessment Based On Interviews With Participating Landowners, J. Dixon Esseks, Brian J. Schilling, Alexander Hahn

Center for Great Plains Studies: Staff and Fellows Publications

Focus of the Study

From mid-February to mid-May 2012, a research team at the University of Nebraska-Lincoln surveyed 506 owners whose agricultural land was protected from development through conservation easements that were funded in part by USDA’s Farm and Ranch Lands Protection Program (FRPP). This program “provides matching funds to help purchase development rights to keep productive farm and ranchland in agricultural uses. Working through existing programs, USDA partners with State, tribal, or local governments and non-governmental organizations to acquire conservation easements or other interests in land from landowners, USDA provides up to 50 percent of the fair market easement …


The Impact Of Environmental Regulation On The Structure Of The Us Hog Industry, Gibson Nene, Azzeddine M. Azzam, Karina Schoengold Jun 2013

The Impact Of Environmental Regulation On The Structure Of The Us Hog Industry, Gibson Nene, Azzeddine M. Azzam, Karina Schoengold

Department of Agricultural Economics: Faculty Publications

Abstract: This paper develops a comparative statics model of long-run industry equilibrium in the presence of size-based environmental regulation stringency and applies the model to the United States hog industry. The economic model shows that when size-based environmental stringency is also size-biased, large farms downsize, expand, or do neither depending on how environmental stringency shifts their marginal production cost relative to their average cost. Empirical testing using data from the top-ten hog producing states suggests that environmental regulation stringency has limited impact on small farms and leads to a reduction in the number of large farms. We cannot reject positive …


Nebraska Farm Real Estate Market Highlights 2012-2013, Bruce B. Johnson, Jim Jansen, Anil Giri, Boone Mcafee, Ethan Smith Jun 2013

Nebraska Farm Real Estate Market Highlights 2012-2013, Bruce B. Johnson, Jim Jansen, Anil Giri, Boone Mcafee, Ethan Smith

Nebraska Farm Real Estate Reports

This report represents the 35th annual edition of the Nebraska Farm Real Estate Market Developments series. It has continued to provide an important informational role regarding agricultural land market dynamics for the many stakeholders. As stated in the introduction of the first annual report: “The dynamics of the farm real estate market, particularly in recent years, suggests that accurate and complete information concerning this market is of great importance. From the standpoint of the public interest as well as that of individual participants, all land market decisions should be based upon a sound understanding of the current market situation.” 1 …


Three Essays On Renewable Energy, Kepifri Alpha Lakoh May 2013

Three Essays On Renewable Energy, Kepifri Alpha Lakoh

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This dissertation studies three main issues related to renewable energy in the United States and in Sub Sahara Africa.

The first chapter seeks to provide answers to a very fundamental question for second generation biofuels: “How much crop residue can farmers harvest from their fields for sale to cellulosic ethanol companies without affecting current levels of production?” The model developed is applied to 101 counties from four Midwestern states in the United States (Colorado, Iowa, Nebraska and Wyoming). Results show that soil organic matter significantly contributes to explaining changes in technical efficiency and total factor productivity. Furthermore, average crop …


Building Upon Common-Pool Resource Theory To Explore Success In Transitioning Water Management Institutions, Christina M. Hoffman Apr 2013

Building Upon Common-Pool Resource Theory To Explore Success In Transitioning Water Management Institutions, Christina M. Hoffman

School of Natural Resources: Dissertations, Theses, and Student Research

Nebraska, like many regions around the world, is faced with the challenge of adapting to a new era in water management. Increasing demands for water resources, mounting concerns over threatened and endangered species, and obligations to abide by interstate water allocation agreements have motivated Nebraska to revisit traditional water management approaches. However, although Nebraska’s water management institutions have undergone much change, little research exists on the influence these changes have had on the ability of water institutions to successfully manage water allocations. This research (1) qualitatively explores the perspectives and experiences of stakeholders in the overappropriated region of the Platte …


Interactive Displays On Environmental Stewardship For General Agricultural Audiences, Leslie J. Johnson, Charles Shapiro Mar 2013

Interactive Displays On Environmental Stewardship For General Agricultural Audiences, Leslie J. Johnson, Charles Shapiro

Nebraska Cooperative Extension: Faculty and Staff Publications

Extension displays are not always easy to develop. Interactive displays for general audiences are even more difficult. Each year, the University of Nebraska – Lincoln develops multiple displays for Husker Harvest Days, a Nebraska-based agricultural trade show. The University’s 2012 theme was “Strengthening the State of Beef”. The Animal Manure Management workgroup, along with others working in environmental stewardship at the University of Nebraska – Lincoln came together to develop a backdrop titled “Nebraska’s beef industry thrives by its stewardship”. Along with the backdrop, multiple interactive displays were used to grab the attention of an agricultural audience not necessarily involved …


Funding Public Services: Opinions Of Nonmetropolitan Nebraskans, 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben, Eric Thompson Jan 2013

Funding Public Services: Opinions Of Nonmetropolitan Nebraskans, 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben, Eric Thompson

Nebraska Rural Poll

Most rural Nebraskans seem content with current levels of spending on many public services and activities. Over one-half propose no changes in the level of spending for most of the public services listed. Only one item, unemployment compensation, had a majority say they would like to see less spending for it. And, many rural Nebraskans would propose an increase in spending for education as well as roads and bridges.

Not surprising, many groups favor an increase in spending on items important to them. Younger persons are more likely than older persons to favor an increase in spending for education. Persons …


Community And Individual Well-Being In Nonmetropolitan Nebraska: 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben Jan 2013

Community And Individual Well-Being In Nonmetropolitan Nebraska: 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

By many different measures, rural Nebraskans are positive about their community. Many rural Nebraskans rate their community as friendly, trusting and supportive. Most rural Nebraskans also say it would be difficult to leave their community. In addition, most rural Nebraskans disagree that their community is powerless to control its future.

Differences of opinion exist by the size of their community. Residents of smaller communities are more likely than residents of larger communities to rate their community favorably on its social dimensions. However, residents of larger communities are more likely than residents of smaller communities to say their community has changed …


Water And Climate: Perceptions Of Nonmetropolitan Nebraskans: 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben Jan 2013

Water And Climate: Perceptions Of Nonmetropolitan Nebraskans: 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

Many rural Nebraskans have experienced loss of wildlife and wildlife habitat, voluntary decrease in water usage, decreased farm production and wildfires to some extent as a result of last year’s drought. The majority of persons with occupations in agriculture have experienced decreased farm production and loss of business income as a result of last year’s drought.

Most rural Nebraskans rate indoor use in existing homes and agricultural uses (irrigation and livestock) as high priority uses of water. Uses of water that were not ranked very high include swimming pools for individual homes, watering golf courses and transferring water to other …


Introduction To Risk Management: Understanding Agricultural Risks, Production, Marketing, Financial, Legal, Human, Laurence Crane, Gene Gantz, Steve Isaacs, Doug Jose, Rod Sharp Jan 2013

Introduction To Risk Management: Understanding Agricultural Risks, Production, Marketing, Financial, Legal, Human, Laurence Crane, Gene Gantz, Steve Isaacs, Doug Jose, Rod Sharp

Department of Agricultural Economics: Faculty Publications

This handbook is designed to improve the risk management skills of American farmers and ranchers. There is a broad array of established risk management tools ready to be used and new tools are always being developed. By learning about and using these tools, crop and livestock producers can build the confidence needed to deal with risk and exciting opportunities of the future.

Contents

Overview of risk management planning

Steps in risk management planning

Manging production risk

Managing marketing risk

Managing financial risk

Managaing legal rtisk

Managing human risk


Climate Change Beliefs, Concerns, And Attitudes Toward Adaptation And Mitigation Among Farmers In The Midwestern United States, J. Gordon Arbuckle, Linda Stalker Prokopy, Tonya Haigh, Jon Hobbs, Tricia Knoot, Cody Knutson, Adam Loy, Amber Saylor Mase, Jean Mcguire, Lois Wright Morton, John Tyndall, Melissa Widhalm Jan 2013

Climate Change Beliefs, Concerns, And Attitudes Toward Adaptation And Mitigation Among Farmers In The Midwestern United States, J. Gordon Arbuckle, Linda Stalker Prokopy, Tonya Haigh, Jon Hobbs, Tricia Knoot, Cody Knutson, Adam Loy, Amber Saylor Mase, Jean Mcguire, Lois Wright Morton, John Tyndall, Melissa Widhalm

National Drought Mitigation Center: Faculty Publications

A February 2012 survey of almost 5,000 farmers across a region of the U.S. that produces more than half of the nation’s corn and soybean revealed that 66% of farmers believed climate change is occurring (8% mostly anthropogenic, 33% equally human and natural, 25% mostly natural), while 31% were uncertain and 3.5% did not believe that climate change is occurring. Results of initial analyses indicate that farmers’ beliefs about climate change and its causes vary considerably, and the relationships between those beliefs, concern about the potential impacts of climate change, and attitudes toward adaptive and mitigative action differ in systematic …


Accounting For Product Substitution In The Analysis Of Food Taxes Targeting Obesity, Zhen Miao, John C. Beghin, Helen H. Jensen Jan 2013

Accounting For Product Substitution In The Analysis Of Food Taxes Targeting Obesity, Zhen Miao, John C. Beghin, Helen H. Jensen

Department of Agricultural Economics: Faculty Publications

We extend the existing literature on food taxes targeting obesity. We systematically incorporate the implicit substitution between added sugars and solid fats into a comprehensive food demand system and evaluate the effect of taxes on sugars and fats. The approach conditions how food and obesity taxes affect total calorie intake. The proposed methodology accounts for the ability of consumers to substitute leaner low-fat and low-sugar items for rich food items within the same food group. This substitution is integrated into a calibrated demand system in addition to the substitution among food groups, using recent food intake data and existing demand …


Critical Research Needs For Successful Food Systems Adaptation To Climate Change, Michelle Miller, Molly Anderson, Charles A. Francis, Chad Kruger, Carol Barford, Jacob Park, Brent H. Mccown Jan 2013

Critical Research Needs For Successful Food Systems Adaptation To Climate Change, Michelle Miller, Molly Anderson, Charles A. Francis, Chad Kruger, Carol Barford, Jacob Park, Brent H. Mccown

Department of Agronomy and Horticulture: Faculty Publications

There is a growing sense of the fragility of agricultural production in the Global North and South and of increasing risks to food security, as scientific observations confirm significant changes in the Gulf Stream, polar ice, atmospheric CO2, methane release, and other measures of climate change. This sense is heightened as each of us experiences extreme weather, such as the increasing frequency of droughts, floods, unseasonal temperatures, and erratic seasonality. The central research challenge before us is how global, national, regional, and local food systems may adapt to accelerating climate change stresses and uncertainties to ensure the availability, …


Health Care Reform: Perceptions Of Nonmetropolitan Nebraskans, 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben Jan 2013

Health Care Reform: Perceptions Of Nonmetropolitan Nebraskans, 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

Most rural Nebraskans currently have health insurance. Only nine percent of rural Nebraskans do not have health insurance while the majority of residents have health insurance through job benefits. These responses are nearly identical to 2004 when this question was last asked.

Persons living in the North Central region, persons with lower household incomes, persons who have never married, persons with lower education levels and persons with food service or personal care occupations are the groups most likely to be uninsured.

Most rural Nebraskans expect to have health insurance next year. Only two percent of residents do not plan on …


Food Webs And Food Sovereignty: Research Agenda For Sustainability, Charles A. Francis, Michelle Miller, Molly Anderson, Nancy Creamer, Michelle Wander, Jacob Park, Thomas Green, Brent Mccown Jan 2013

Food Webs And Food Sovereignty: Research Agenda For Sustainability, Charles A. Francis, Michelle Miller, Molly Anderson, Nancy Creamer, Michelle Wander, Jacob Park, Thomas Green, Brent Mccown

Department of Agronomy and Horticulture: Faculty Publications

Future food production will be constrained by the scarcity of fossil fuel and fresh water as well as increasing intensity and unpredictability of weather events and climate changes. The assurance of food security and equity for many consumers is complicated by concentration of ownership of land and other production resources, as well as a global corporate food systems model that is driven by profit at the expense of people and the environment. To assess potential alternatives to the contemporary global food chain, well focused research is needed on local food production and food webs where small- and midscale family farms …


Cafio-Prg Develops Novel Approach To Policy Research, Konstantinos Giannakas Jan 2013

Cafio-Prg Develops Novel Approach To Policy Research, Konstantinos Giannakas

CAFIO: Policy Research Group Policy Pagers

The University of Nebraska-Lincoln has received a grant from the United States Department of Agriculture under the Policy Research Centers Program. This grant has supported the establishment of a Policy Research Group (PRG) as part of the Center for Agricultural and Food Industrial Organization (CAFIO) in the Department of Agricultural Economics. CAFIO-PRG is led by the Project Director, Professor Konstantinos Giannakas, and its main focus is on the development of a novel, empirically relevant, integrated, multi-market framework of policy analysis.


Consumer Attitudes And Labeling Regime Key To The Market Potential Of Food Nanotechnology, Miah Tran, Amalia Yiannaka, Konstantinos Giannakas Jan 2013

Consumer Attitudes And Labeling Regime Key To The Market Potential Of Food Nanotechnology, Miah Tran, Amalia Yiannaka, Konstantinos Giannakas

CAFIO: Policy Research Group Policy Pagers

Research shows that, even though most consumers lack knowledge and understanding of the technology, they nevertheless have strong opinions as to its potential risks and benefits. Advocates are determined to not repeat the mistakes of biotechnology. Understanding the factors determining the market acceptance of food nanotechnology and its potential impact on the different interest groups involved can inform the design of effective policies and strategies governing food nanotechnology innovations.


Country-Of-Origin-Labeling Creates Winners And Losers Among Consumers, Producers, And Retailers, Konstantinos Giannakas, Alejandro Plastina, Daniel Pick Jan 2013

Country-Of-Origin-Labeling Creates Winners And Losers Among Consumers, Producers, And Retailers, Konstantinos Giannakas, Alejandro Plastina, Daniel Pick

CAFIO: Policy Research Group Policy Pagers

Public Law 107-171, the United States Farm Security and Rural Investment Act of 2002, required country-of-origin labeling (COOL) for beef, lamb, pork, fish, perishable agricultural commodities, and peanuts. While the aim is to benefit domestic consumers by allowing them to make informed decisions, the effects of COOL have been the subject of a heated on-going debate. Advocates of COOL argue the existence of an “overwhelming” consumer support for country of origin information and benefits that substantially outweigh the costs of this labeling regime. Opposing groups have expressed concerns about the potential competitive disadvantage that non-integrated producers might face due to …


Consumer-Oriented Gm Products Can Hurt Producers, Konstantinos Giannakas, Rim Lassoued Jan 2013

Consumer-Oriented Gm Products Can Hurt Producers, Konstantinos Giannakas, Rim Lassoued

CAFIO: Policy Research Group Policy Pagers

Despite their important agronomic benefits to agricultural producers, GM products (GMPs) have been facing a, rather strong, consumer opposition. This opposition varies significantly between countries and so does the countries’ regulatory response to products of biotechnology. While the US treats biotech products as substantially equivalent to their conventional counterparts and does not require their segregation and labeling, the European Union (EU), based on its “precautionary principle” and consumers’ “right to know,” has instituted a mandatory labeling regime that is regarded as the strictest in the world.


Food Labeling Standards Have Significant Welfare And Distributional Impacts, Konstantinos Giannakas, Nicholas Kalaitzandonakes, Alexandre Magnier Jan 2013

Food Labeling Standards Have Significant Welfare And Distributional Impacts, Konstantinos Giannakas, Nicholas Kalaitzandonakes, Alexandre Magnier

CAFIO: Policy Research Group Policy Pagers

Discussions on the appropriate regulatory norms for genetically modified (GM) foods date back to the early 1980s. Thirty years later, a consensus on what such norms should be remains elusive. Some countries, including the United States and Canada, consider GM foods substantially equivalent to their conventional counterparts and do not require segregation and labeling of these products. Others, including the European Union, Japan, South Korea, New Zealand, Australia, and China have introduced mandatory labeling regimes.


Empathy Nudging Increases Conservation Of Farming Land, Natalia V. Czap, Hans J. Czap, Gary D. Lynne, Mark E. Burbach Jan 2013

Empathy Nudging Increases Conservation Of Farming Land, Natalia V. Czap, Hans J. Czap, Gary D. Lynne, Mark E. Burbach

CAFIO: Policy Research Group Policy Pagers

One of the major challenges of environmental policy with regard to conservation is that it must often rely on voluntary and non-selfish actions of individuals. Traditionally policy makers rely on direct regulation and financial incentives, but both approaches face problems. Regulations may lead to resentment and the costs of perfect enforcement are prohibitively high. Financial incentives can be perverse and may lead to unintended consequences, including crowding out of intrinsic motivation. In addition, behavioral economics and economic psychology studies demonstrate that the assumptions of the neoclassical economic models (such as self-interest only, rationality, and willpower) on which the policy design …


2013 Farm Bill: An Experimental Test Of The Senate And House Proposals, Natalia V. Czap, Hans J. Czap, Gary Lynne, Mark E. Burbach Jan 2013

2013 Farm Bill: An Experimental Test Of The Senate And House Proposals, Natalia V. Czap, Hans J. Czap, Gary Lynne, Mark E. Burbach

CAFIO: Policy Research Group Policy Pagers

The 2008 Farm Bill currently guides agricultural and related environmental/conservation policy. Versions proposed by the United States Senate and the House of Representatives, to be implemented in the 2013 Farm Bill after differences are resolved, aim to achieve environmental (and other food related) goals, while also seeking significant spending cuts. While both versions propose to eliminate the Direct Payments program, they differ with respect to how other crop supports should work and whether crop insurance subsidies should be linked to conservation practices. The Senate Bill supports a policy design based on cross‐compliance, that is, crop insurance subsidies are conditional on …


Carbon Storage And Sequestration By Trees In Urban And Community Areas Of The United States, David J. Nowak, Eric J. Greenfield, Robert E. Hoehn, Elizabeth Lapoint Jan 2013

Carbon Storage And Sequestration By Trees In Urban And Community Areas Of The United States, David J. Nowak, Eric J. Greenfield, Robert E. Hoehn, Elizabeth Lapoint

United States Department of Agriculture, Forest Service / University of Nebraska-Lincoln: Faculty Publications

Carbon storage and sequestration by urban trees in the United States was quantified to assess the magnitude and role of urban forests in relation to climate change. Urban tree field data from 28 cities and 6 states were used to determine the average carbon density per unit of tree cover. These data were applied to statewide urban tree cover measurements to determine total urban forest carbon storage and annual sequestration by state and nationally. Urban whole tree carbon storage densities average 7.69 kg C m‒2 of tree cover and sequestration densities average 0.28 kg C m‒2 of tree …


Evaluating Population Connectivity For Species Of Conservation Concern In The American Great Plains, Samuel A. Cushman, Erin L. Landguth, Curtis H. Flather Jan 2013

Evaluating Population Connectivity For Species Of Conservation Concern In The American Great Plains, Samuel A. Cushman, Erin L. Landguth, Curtis H. Flather

United States Department of Agriculture, Forest Service / University of Nebraska-Lincoln: Faculty Publications

Habitat loss and fragmentation are widely recognized as among the most important threats to global biodiversity. New analytical approaches are providing an improved ability to predict the effects of landscape change on population connectivity at vast spatial extents. This paper presents an analysis of population connectivity for three species of conservation concern [swift fox (Vulpes velox); lesser prairie-chicken (Tympanuchus pallidicinctus); massasuaga (Sistrurus catenatus)] across the American Great Plains region. We used factorial least-cost path and resistant kernel analyses to predict effects of landscape conditions on corridor network connectivity. Our predictions of population connectivity provide …


Environmental Efficiency Among Corn Ethanol Plants, Juan Sesmero, Richard K. Perrin, Lilyan E. Fulginiti Nov 2012

Environmental Efficiency Among Corn Ethanol Plants, Juan Sesmero, Richard K. Perrin, Lilyan E. Fulginiti

Department of Agricultural Economics: Faculty Publications

No abstract provided.


Reconsidering National Park Interpretation Of The Great Plains And Trans-Mississippi West, Robert Pahre Oct 2012

Reconsidering National Park Interpretation Of The Great Plains And Trans-Mississippi West, Robert Pahre

Great Plains Research: A Journal of Natural and Social Sciences (through 2013)

The National Park Service has generally interpreted its sites in the Great Plains in terms of a Eurocentric narrative of westward expansion. Though some sites are changing (e.g., Little Bighorn), others are not (e.g., Scotts Bluff). Even those sites that have changed still retain important elements of traditional narratives, which often date to the 1930s or to the Mission 66 period (1956-66). The newest sites, such as Washita Battlefield, tell newer stories that resonate well with today's visitors. These provide a model for revising older sites. Giving greater attention to causes and consequences, aiming for a richer mix of disciplinary …


The Trade And Welfare Impacts Of Australian Quarantine Policies: The Case Of Pigmeat, John C. Beghin, Mark Melatos Aug 2012

The Trade And Welfare Impacts Of Australian Quarantine Policies: The Case Of Pigmeat, John C. Beghin, Mark Melatos

Department of Agricultural Economics: Faculty Publications

We analyze the trade and welfare impact of quarantine measures imposed by Australia on imports of pigmeat. In particular, we account for changes to Australia’s pigmeat quarantine policy over time, including those changes related to the recent resolution of a WTO dispute between Australia and the European Union. Using a random utility model and applying it to corner solutions in import decisions, tariff equivalents (by major trading partner) are estimated for the different pigmeat quarantine regimes implemented by Australia during the period 1988-2009. The welfare impact on consumers, producers, and foreign exporters is computed using a partial equilibrium model calibrated …


Risk Management Strategies For Nebraska Grain And Oilseed Producers: A Stochastic Simulation And Analysis, Jim A. Jansen Aug 2012

Risk Management Strategies For Nebraska Grain And Oilseed Producers: A Stochastic Simulation And Analysis, Jim A. Jansen

Department of Agricultural Economics: Dissertations, Theses, and Student Research

Uncertainty in revenue for grain and oilseed operations located across Nebraska exists due to commodity price volatility and yield variability. Several risk management tools enable producers to deal with financial losses from revenue declines including crop insurance, marketing strategies, and government farm programs. Producers may need to combine multiple tools for an effective risk management strategy, but research lacks on integrating these tools currently available to producers across the state. Actions amongst individuals actively engaged in the industry show their plans to deal with revenue declines may lead to less than optimal strategies.

Stochastic simulation utilizing eight representative farms across …


The 2012 Drought: Some Economic Implications, Bruce B. Johnson Aug 2012

The 2012 Drought: Some Economic Implications, Bruce B. Johnson

Cornhusker Economics

This issue is the first in a series addressing current drought conditions, economic impacts and resources for Nebraska agriculture.