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 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...

Rural communities in the Upper Midwest continue to experience economic restructuring, caused not only by area agricultural changes, but also by mining and local manufacturing shutdowns. Focusing on two states, Minnesota and North Dakota, this study details the repercussions, and response, of...

Literature reports that small and medium firms face greater difficulty in obtaining the necessary export market information and in obtaining financing than do larger firms. Accordingly, the United States has many export promotion and enhancement services, but there is little documentation on the...