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This paper examines the use of market consultants and market information systems by grain and cotton producers. A model of producer demand for marketing information and consultants is proposed that decomposes price received into exogenous and endogenous components. The analysis is based on a...
Persistent link: https://www.econbiz.de/10005805486
Persistent link: https://www.econbiz.de/10005807342
Beef cattle producers were surveyed in Texas and Nebraska to investigate perceptions of sources of risk, the effectiveness of risk management strategies, and interest in further risk management education, particularly production risk, using probit analysis. Important decision variables...
Persistent link: https://www.econbiz.de/10010613746
A survey conducted in Mississippi, Texas, Indiana, and Nebraska elicited producers' preferences for various farm policy changes. This permitted examination of the diversity of preferences that single-state studies have not allowed. Five policy choices, including deficiency payments, loan...
Persistent link: https://www.econbiz.de/10010613909
Beef cattle producers were surveyed in Texas and Nebraska to investigate perceptions of sources of risk, the effectiveness of risk management strategies, and interest in further risk management education, particularly production risk, using probit analysis. Important decision variables...
Persistent link: https://www.econbiz.de/10005295127
Changes in the risk environment and tools available to manage risk have resulted in an increased need for risk management skills among farmers and ranchers. In response the USDA initiated a risk management education competitive grants program in the spring of 1998. This is the first report from...
Persistent link: https://www.econbiz.de/10009446851
Hog producers in Indiana and Nebraska were surveyed about sources of risk, effectiveness of risk management strategies, and prior participation in and desire for additional risk management education. Ownership of hogs by the producer, size of the operation, and age did have significant effects...
Persistent link: https://www.econbiz.de/10005801840
A univariate Tobit model of extension educators' provision of risk management educational training was conducted in Mississippi, Texas, Indiana, and Nebraska. A complementary relationship exists between percent of time devoted to agricultural responsibilities and the provision of risk management...
Persistent link: https://www.econbiz.de/10005803101
A survey of cotton producers was conducted in Mississippi and Texas. The econometric model consists of a multinomial logit model of cotton producers' choice of marketing techniques. The results indicate that cotton acres positively influence pooling and negatively influence cash sales. Producers...
Persistent link: https://www.econbiz.de/10008552241
A multinomial logit is utilized to model the choice of whether to purchase yield or revenue insurance using subjectively elicited survey data. Our results indicate that the demand for crop insurance is inelastic (-0.40), consistent with most earlier yield elasticity estimates, but the elasticity...
Persistent link: https://www.econbiz.de/10005513881