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This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...
Persistent link: https://www.econbiz.de/10008853621
Monthly observations on prices from 10 weight/gender classifications of Nebraska beef cattle are studied in an error correction model (ECM) framework. This study attempts a replication of the 2003 paper on Texas prices by Bessler and Davis, where they find medium heifers (600–700 lb) at...
Persistent link: https://www.econbiz.de/10008504238
This study seeks to identify interproduct relationships between domestic catfish and a representative selection of imported seafood. In doing so, this study uses multivariate cointegration and structural analyses. Multivariate cointegration analysis suggests that six imported seafood product...
Persistent link: https://www.econbiz.de/10008853638
Many areas of the US recently endured a severe drought and management strategies to cope with the lack of forage production varied. A multi-period mathematical model is presented that estimates the outcomes of two common producer responses to changes in precipitation, partial liquidation and...
Persistent link: https://www.econbiz.de/10008530500
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The impacts of economic and demographic variables on the demand for food grain commodities in urban Jiangsu province of China are estimated, using both the QUAIDS and the AIDS models. Results show that the demands for wheat flour and coarse grains are price-elastic while the demands for rice and...
Persistent link: https://www.econbiz.de/10008539731
Deterministic and stochastic yield response plateau functions were estimated to determine the expected profit-maximizing nitrogen rates, yields, and net returns for corn grown after corn, cotton, and soybeans. The stochastic response functions were more appropriate than their deterministic...
Persistent link: https://www.econbiz.de/10010914261
Includes: Back Cover, JAAE Manuscript Submission Guidelines, Executive Officers, Membership and Subscription Information
Persistent link: https://www.econbiz.de/10009645960
Includes: JAAE Manuscript Submission Guidelines; Back Cover; Southern Agricultural Economics Association Executive Committee; Membership and Subscription Information
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