With the recent (2002) elimination of the longstanding "marketing quota" system that supported domestic peanut prices at well above world levels, the U.S. peanut sector is in the initial stages of adjusting to a more uncertain, market-oriented environment. At the aggregate level, some early...

The ongoing negotiations of the World Trade Organization (WTO) on agriculture has triggered an increased interest in the linkages between commodity production and public goods in agriculture. This paper takes a closer look at this issue. Particular emphasis is placed on production economics and...

This paper presents a modeling system that can be used to analyze the trade off between economy and environment. It takes into account manure policy, farm structure and manure surpluses at farm level as well as the economic effects of manure surpluses at market level. The modeling system...

This paper develops an analytical model able to represent the decisions of an individual risk averse farmer facing variability in both prices and yields. A comprehensive set of stylised risk reducing policy measures is represented. A calibration of the model is used to run Monte-Carlo...

The EU policy in horticulture has switched its aim from price support to integration of farmers' income. Regulation 2200/96 established the new European Market Regulation (CMO) in horticulture. On this base the producers' organizations (PO) are no longer a political institution but a real...