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Economics Staff Paper Series (1969 - 2017)

Articles 151 - 162 of 162

Full-Text Articles in Agricultural and Resource Economics

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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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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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 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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What Should Be The Farm Credit Policy: An Overview Of The Problem And Options Available, Mark Edelman May 1983

What Should Be The Farm Credit Policy: An Overview Of The Problem And Options Available, Mark Edelman

Economics Staff Paper Series (1969 - 2017)

Analysis of (1) the nature and scope of the current farm credit conditions, (2) the policy environment that led to current farm conditions, and (3) the probable consequences of the current policy options.

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Evidence On The Economic Feasibility Of Small Scale Fuel Alcohol Production, Thomas Dobbs, Randy Hoffman, Ardelle Lundeen Aug 1982

Evidence On The Economic Feasibility Of Small Scale Fuel Alcohol Production, Thomas Dobbs, Randy Hoffman, Ardelle Lundeen

Economics Staff Paper Series (1969 - 2017)

Findings from interdisciplinary research at South Dakota State University with a pilot fuel alcohol plant are presented. That research and other studies indicate that small plants will have difficulty in competing with larger plants and in supplying fuel that is competitive in cost with petroleum-based fuels.

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Framework For Examining The Economic Feasibility Of Small Scale Alcohol Plants, Thomas Dobbs, Randy Hoffman, Ardelle Lundeen Aug 1981

Framework For Examining The Economic Feasibility Of Small Scale Alcohol Plants, Thomas Dobbs, Randy Hoffman, Ardelle Lundeen

Economics Staff Paper Series (1969 - 2017)

The feasibility of producing fuel alcohol from grain has received much attention from the Midwest and Plains States over the last few years. There has been interest in plants ranging from quite small on farm stills to very large, fuel-feed complexes costing many millions of dollars. As a result of this interest, several studies of the economic feasibility of large-scale fuel alcohol plants were conducted and published in the late 1970. More recently, a few studies of the economics of smaller-scale plants have been initiated, and some of the results are now beginning to appear in print (Hutchinson and Dobbs; …

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U.S. Policy: Food Production In Low Income Countries, Donald Taylor May 1981

U.S. Policy: Food Production In Low Income Countries, Donald Taylor

Economics Staff Paper Series (1969 - 2017)

This paper reflects observations and experiences arising from the author's living and working as a specialist in agricultural development in Asia during 1965-1980. The basic issues addressed are whether the USA should be involved with efforts to improve food production systems in low-income countries and, if so, what might be the forms of that involvement.

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Major Tax Reductions And Public Education, Philip Favero Sep 1980

Major Tax Reductions And Public Education, Philip Favero

Economics Staff Paper Series (1969 - 2017)

The following discussion of tax reductions uses as an example South Dakota’s own version of Proposition 13, the Dakota Proposition. In the discussion which follows, four major themes are developed. First, Dakota Proposition would have a very major consequence for public finance in South Dakota-beginning in 1982 and extending indefinitely thereafter. Second, Dakota Proposition and other major tax reduction proposals have a variety of origins---some particular to the relevant state, and some more general origins as well. Third, common misunderstanding and, indeed, ignorance exists about the benefits provided by public education and about taxation to support education. And finally, Dakota …

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Producer Strategies When Transportation Distorts Pricing Of Grain, Arthur Sogn Aug 1980

Producer Strategies When Transportation Distorts Pricing Of Grain, Arthur Sogn

Economics Staff Paper Series (1969 - 2017)

No abstract provided.

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A Primer On Macroeconomics For South Dakotans, Philip Favero Nov 1979

A Primer On Macroeconomics For South Dakotans, Philip Favero

Economics Staff Paper Series (1969 - 2017)

What is macroeconomics, you ask; and what does it mean to me? Macroeconomics is the study of aggregate economic conditions, such as a nation's employment, unemployment, and general price levels. Throughout history nations have experienced boom-to-bust cycles--times of employment and prosperity, followed by times of unemployment and hardship. Macroeconomics provides policy makers with ideas to promote economic stability - ways to combat the twin economic evils of unemployment and inflation.

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The Dakota Proposition: An Economic Analysis, Philip Favero Nov 1979

The Dakota Proposition: An Economic Analysis, Philip Favero

Economics Staff Paper Series (1969 - 2017)

The Dakota Proposition, an initiated proposal to amend the South Dakota State Constitution, will appear on the 1980 ballot. The Proposition would seem to have far reaching implications. Yet, what are these implications? Will the Proposition be a boon to taxpayers, a calamity for government, or both? Three major provisions are included in the Proposition. These are: I. A reduction or rollback of taxes on real property to one percent of Full and True value, determined by assessments performed in 1977; 2. A ceiling of two percent annual growth in the Full and True value of real property for any …

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