Agricultural and Resource Economics Commons^™

Financial Conditions Of And Availability Of Credit To South Dakota Agricultural Producers, Brian H. Schmiesing, Cindy R. Swinson

Economics Commentator (1972- 2016)

No abstract provided.

Gatt Ministerial Meeting Punta Del Este, Uruguay, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Mr. Chairman, fellow delegates, this week GATT faces an historic challenge. Our task is more difficult than any that has confronted world trade since the very creation of GATT in 1947. What we do in Punta del Este will determine whether GATT remains a functional, dynamic institution serving the interests of its members or declines into a static and passive association that is irrelevant to the needs of international trade.

Improving And Strengthening The Trade System, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

The successful launching of a comprehensive round of negotiations will be the single, most important event in international trade this year. I urge our communique contain a vigorous, unequivocal endorsement for launching a new round with a comprehensive agenda, in September. Delegations in Geneva will go over the text of our communique very carefully, and they will judge our determination by both the tone and substance of our statement. We therefore must clearly set forth our desire to begin the new round, without delay.

Economic Implications Of Diminishing Groundwater Supplies In The High Plains Region, Ray Supalla, F. Charles Lamphear, Glenn D. Schaible

Department of Agricultural Economics: Faculty Publications

The Ogallala Aquifer, which underlies a vast area reaching from Nebraska to Texas, is an important source of water for homes, industries and irrigation (Figure 1). Irrigation wells first started tapping the Ogallala in the "Dust Bowl" days of the 1930s, eventually turning 16 million acres of dry cropland and range into highly productive irrigated lands. Irrigation has changed High Plains agriculture from an uncertain and meager existence to a more certain and more viable economic enterprise. Moreover, the growth of irrigated agriculture has been the major force in the growth and development of many rural towns and communities in …

The Diachronic Study Of Animal Exploitation At Hesban: The Evolution Of A Research Project, Oystein S. Labianca

Faculty Publications

No abstract provided.

Agriculture, Agribusiness, And Renewable And Natural Resource Program Review, B. Delworth Gardner

Faculty Publications

The State University System of Florida has es tab 1 i shed A "Quest for Excellence11 in its Master Plan. It is a bold plan of action that will "unleash the University System from those time-bound constraints which would allow only gradual change. 11 It is also clear that the State University System of Florida plans to compete successfully with the very best academic universities. In its mission statement the University of Florida, as a land-grant institution, administers the In"s·t itute of Food and Agricultural Sciences (IFAS), a special unit providing statewide food and .agricultural teaching, res.earch, and extension services. …

Evaluation Of Two Models For Light Transmission In Biological Materials, R. A. Cavaletto, S. Upadhyaya, M. O'Brien, T. Cahill

BioResource and Agricultural Engineering

Two light transmission models for biological materials are developed and evaluated. The energy balance model showed promise. It's developed as a 3 coefficient model permitting varied sample absorption and scattering properties. The second model performed unsatisfactorily.

The Problem Of Aggregation In Spatial Equilibrium Analysis, Brian Schmiesing, Steven Blank

Economics Staff Paper Series (1969 - 2017)

Aggregation across time has long been recognized as a potential source of specification error within time series modeling. This source of specification error has major implications for the use of causality tests in spatial equilibrium analyses. This study reviews the theoretical econometric literature to generate hypotheses which are empirically tested to illustrate the impacts of aggregation on causality tests. Granger causality tests for three major corn markets reveal one-way causality to be "fragile" with respect to changes in the level of time aggregation in data. Dynamic multipliers are discussed as being one method of checking the specification of the model.

Reasons For And Implications Of Declining Farmland Prices, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.

South Dakota Farmland Market Trends-Another Year Of Declining Prices, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.

Mergers--What To Look For, When Should We Study, What Signals A Potential Merger, Brian Schmiesing

Economics Staff Paper Series (1969 - 2017)

No abstract provided.

Economics Of Drying Grain, Richard C. Shane

Economics Commentator (1972- 2016)

No abstract provided.

Economics Of Grain Storage, Richard C. Shane

Economics Commentator (1972- 2016)

No abstract provided.

A General Overview Of Risk Theory And Its Application To Agriculture, Burton Pflueger

Economics Staff Paper Series (1969 - 2017)

No abstract provided.

Analysis Of Agricultural Assessment Sales Ratios For Property Tax Purposes During Changing Trends In Land Values, Larry Janssen, Mark Edelman, Cindy Swinson

Economics Staff Paper Series (1969 - 2017)

Assessment sales ratios are used to "equalize" property tax assessments. Mean soil productivity ratings did not indicate differences between productivity of land sold and all land in the counties examined during periods of rising and declining agricultural land values. Regression results did not indicate underassessment of more productive land in the counties considered.

United States Agricultural Trade Prospects, Harry Greenbaum

Economics Commentator (1972- 2016)

No abstract provided.

Basic Cooperative Principles And Methods Of Doing Business, Brian Schmiesing

Economics Staff Paper Series (1969 - 2017)

This paper will first define what a cooperative principle is. The dangerous viewing principles as cooperative objective or independent of rules and discipline are discussed. Second, a set of commonly used cooperative principles are critically examined for their implications for cooperatives as business organizations. Third, an alternative set of principles are advocated to eliminate the confusion currently existing. Finally, a potential role of the Extension Service and vocational agriculture instructors in assisting their clientele in the current crisis is reviewed.

Agricultural Lender Attitudes On Farm Finance Crisis Management Programming By The Cooperative Extension Service, Mark Edelman, Brian Schmiesing, Diane Kolmer, Cindy Swinson

Economics Staff Paper Series (1969 - 2017)

Agricultural lenders were surveyed to clarify the nature of the problems faced by financially stressed farm borrowers and the appropriate Cooperative Extension Service response in educational programming. Specifically determined were skill training priorities, adequacy of farm records appropriate delivery mechanisms, preferred target audiences, and institutional preferences.

Implications Of Basis Changes To Put Option Trading, Brian Schmiesing

Economics Staff Paper Series (1969 - 2017)

Agricultural commodity options are based on futures contracts. Producers buying put options are subject to basis risk. Unlike a storage hedge, a put buyer must be concerned with how the basis changes. Eight basis change scenarios are analyzed to indicate why this is true. In addition, the returns to buying a put are contrasted with a storage hedge. Recommendations are made on how a producer might develop a strategy for when to use a put option versus hedging.

Economcis Of Reduced Tillage Systems, Herbert R. Allen

Economics Commentator (1972- 2016)

No abstract provided.

Determinants Of Farmland Prices During Periods Of Rising And Declining Farmland Values, Larry Janssen, Cindy Swinson

Economics Staff Paper Series (1969 - 2017)

A study of farmland sales in four South Dakota counties indicated productivity and location variables are important in explaining variation in per acre sale price, while financial variables are not. The same explanatory variables are significant in periods of rising (1979-1980) and declining (1981- 1982) prices but parameter estimates vary significantly between the periods. Over 80% of per acre sale price variation was explained in both periods. These findings support traditional explanations of cross-sectional farmland price variation, and (2) suggest that explanatory factors exert varying pressure on farmland sale prices at different times.

Nebraska Farm Real Estate Market Developments 1984-85, Bruce B. Johnson, Ronald J. Hanson

Nebraska Farm Real Estate Reports

The market for farm real estate is complex and ever-changing. In addition to the uniqueness for each parcel of land, countless factors influence the nature of market participation between buyers and sellers, negotiated selling price, means of financing purchases, rate of ownership transfers, etc. Also, in the current economic environment these dynamic elements are even more pronounced.

The implications of these current trends are substantial. The level of returns to agricultural assets, the distribution of wealth and land ownership, the degree of farm financial stress and even economic survival -- all are woven into the market fabric for agricultural land. …

Farmland Rental Terms In Eastern And Central South Dakota, Larry Janssen, Larry Madsen

Economics Commentator (1972- 2016)

No abstract provided.

Economics Of Home-Based Businesses, Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

Debt Capital: A Larger Risk Than Everyone May Realize, Brian H. Schmiesing

Economics Commentator (1972- 2016)

No abstract provided.

Farm Machinery Financing Terms, Todd Lone

Economics Commentator (1972- 2016)

No abstract provided.

Implications Of The Farm Crisis For Rural Communities In South Dakota, Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

Combining Causality Tests And Path Analysis To Model Agricultural Markets, Steven Blank, Brian Schmiesing

Economics Staff Paper Series (1969 - 2017)

Causality tests and path analysis are combined to create a new procedure for use in evaluating agricultural markets. The two complementary techniques combine to form a strong process for measuring the direction and strength of causal relationships within a structural equation model. An empirical example which evaluates midwestern corn market price relationships is presented.

Long Term And Recent Farmland Market Developments In South Dakota, Cindy Swinson

Economics Commentator (1972- 2016)

No abstract provided.

Observations On Tax Policy And Education, Mark Edelman

Economics Staff Paper Series (1969 - 2017)

A short clarification of the current problems facing agriculture and tax policy options available.