Showing 1 - 10 of 52
It is shown that it is theoretically infeasible for multi-year rollover hedge-to-arrive contracts, and for rollover hedges in general, to succeed at locking in high current prices for crops to be harvested one or more years into the future. The study utilizes 107 years of data to present strong...
Persistent link: https://www.econbiz.de/10009392679
Economists have proposed several plausible explanations for observed price transmission asymmetries in commodity markets. Unfortunately, the econometric methods commonly used in such studies cannot empirically distinguish pricing behavior under the competing theories. We argue that the theories...
Persistent link: https://www.econbiz.de/10009392794
Persistent link: https://www.econbiz.de/10012634271
Purpose: The purpose of this paper is to identify the relationships between grain farm and farmer profiles and their respective choices to use forward pricing techniques and revenue protection crop insurance to manage risk. Design/methodology/approach: An e-mail survey of Midwestern grain...
Persistent link: https://www.econbiz.de/10012065529
Persistent link: https://www.econbiz.de/10012274652
Abstract Economists and marketers are often interested in estimating demand for new products and in valuing other non-market goods. Due to the increasing recognition that elicited valuations are sensitive to whether decisions are hypothetical, economists have begun to utilize incentive...
Persistent link: https://www.econbiz.de/10014587456
Abstract Beef food safety events have contributed to considerable market volatility, produced varied consumer reactions, created policy debates, sparked heated trade disputes, and generally contributed to beef industry frustrations. Utilizing data from a total of 4,005 consumers in the United...
Persistent link: https://www.econbiz.de/10014587690
This article proposes a method to directly measure the value of information (VOI) conveyed in a label. Using data collected from a field experiment conducted in two grocery stores in Texas, we find the VOI contained in U.S. federally mandated country of origin labels for beef and pork is 36%...
Persistent link: https://www.econbiz.de/10010890787
We analyze the economic impacts of changes in age and source verification requirements and associated adjustments in international trade of US beef using an equilibrium displacement model. Because the United States lags behind many countries in adopting animal traceability systems, the United...
Persistent link: https://www.econbiz.de/10010870950
Persistent link: https://www.econbiz.de/10010578710