From the beginning of 2011 to the middle of 2012 the U.S. stock market did not generally perform well. This subpar performance has been largely attributed by the business media to the Eurozone crisis. The purpose of this paper is to determine the extent to which the values of U.S. food companies...

Simulation methods are used to measure the expected differentials between the Mean Square Errors of the forecasts from models based on temporally disaggregated versus aggregated data. This allows for novel comparisons including long-order ARMA models, such as those expected with weekly data,...

This paper presents a dynamic crop rotation model that shows how crop yield and price volatility could impact crop mix and acreage response under crop rotation considerations. Specifically, a discrete Markov decision model is utilized to optimize producers’ crop rotation decision within a...

The objective of this study is to compare the effects of climate change on crop yields across different regions. A Principal Component Regression (PCR) model is developed to estimate the historical relationships between weather and crop yields for corn, soybeans, cotton, and peanuts for several...

One of the major criticisms of past environmental Kuznets curve (EKC) studies is that the spatiotemporal aspects within the data have largely been ignored. By ignoring the spatial aspect of pollution emissions past estimates of the EKC implicitly assume that a region’s emissions are unaffected...

Agricultural production is highly dependent on inorganic substances including fertilizers. High-yielding crop varieties, such as corn, require large amounts of primary nutrients including nitrogen, phosphorus and potassium. Farmers often add a surplus of nutrients to crops to maximize yields....

Recent literature, largely from the U.S. Department of Agriculture, Economic Research Service, indicates that substantial changes have occurred in the produce industry in recent years. With the rise of retail mass merchandisers and increased concentration in the retail food industry, the...

While the population of the world is continually growing, there are doubts that the food supply will be sufficient to keep pace. Although 14% of the world is undernourished today, an exponentially increasing population could be catastrophic if agricultural production lags too far behind. This...