The paper examines empirical returns from holding thirty- and ninety-day call and put positions, and the forecasting performance of implied volatility in the live and feeder cattle options markets. In both markets, implied volatility is an upwardly biased and inefficient predictor of realized...

The level of food security in Africa is mainly dependent on climate, poverty, national security, infrastructure and efficiency of production. Efforts at improving food security have been aimed at providing food aid which has been a disincentive to commercial producers and detracted from, the...

The goal of this report is to provide the Illinois Livestock industry with an economic snapshot of the current state of the industry. The State’s livestock and meat and dairy processing sectors significantly contribute to the state’s economy in three important ways: 1) significant economic...

The five major agricultural producing provinces are compared in terms of farm labour and management incomes, return on investment to farm capital, total farm family income, and farm family net worth. In each province, comparisons are made with non-farm incomes, investment returns and net worth...

The South African government initiated the land reform program in 1994, which is facilitated by the Department of Land Affairs. The land reform programme has three divisions, namely redistribution, restitution and land tenure. The main objectives of land reform since its inception are poverty...