Anecdotal evidence suggests that agricultural land values are influenced by recreational demands, in particular hunting. This study estimated that the impact that hunting pressure, beef prices, and lagged land values had on county-level pasture values in North Dakota. Using panel data from...

Commercial whitetail deer farming is a growing industry in the U.S. The size of operations ranges from a few head to hundreds. Management ranges from small, part-time farmers to professionally-managed operations. There is, however, a lack of published information documenting investment costs,...

The drought of 2011 forced many cow-calf producers in the U.S. Southern Plains to liquidate cow herds. Rebuilding cow herds poses financial challenges for many, perhaps most, producers. While liquidation strategies varied between individuals, producers who completely liquidated breeding herds...

This study develops a methodology to quantify risks associated with projected commodity flows in a spatial optimization model. In this paper it is applied to the world grain trade which is characteristic of numerous commodities and with complicated and competing logistical channels in world...

We examine the efficiency of current flood risk allocation and the use of flood easements as a means of reallocating flood risk and reducing total flood damages in large river floodplains. Changes in agricultural floodplain land use and levels of crop insurance coverage as the risk of flooding...

Planned introductions of genetically modified crop varieties can be troublesome to model. Estimation of demand and supply equations is not feasible due to lack of data. Further, specifying demand and supply equations requires calibration to a presumed equilibrium. Depending on the point chosen,...

The potential introduction of genetically modified (GM) wheat has both supporters and opponents waging battle in the popular press and scholarly research. Supporters highlight the benefits to producers, while the opponents highlight the unknown safety factors for consumers. The topic is very...