Recent econometric studies indicate that the effect of government farm subsidies on farmland rental rates may be smaller than once thought. This literature has corrected for bias due to expectation error in measured subsidy payments. We suggest two additional sources of bias—inertia and...

Recent studies indicate that the effect of government subsidies on rental rates for farmland may be lower than once thought and lower than predictions from theory. However, there are still a number of unresolved issues in estimating subsidy incidence econometrically. We identify three such...

This study used hedonic modeling to assess the marginal implicit value of bred heifer characteristics and of carcass characteristic expected progeny differences of bred heifer calves. Using data for 692 pens of Show-Me Replacement Heifers Inc. heifers marketed over the 2001 through 2004 period,...

Being able to accurately predict basis is critical for making marketing and management decisions. Basis forecasts can be used along with futures prices to provide cash price projections. Additionally, basis forecasts are needed to evaluate hedging opportunities. Many studies have examined...

A formula for deriving the price of segregated early weaned pigs using corn, soybean meal, and market hog prices was estimated by equating return on investment for the different phases of production. USDA reported prices were compared with prices derived from this and several other common...

Feeder calf prices are determined by the interaction of many factors. This study uses transactions data from Iowa preconditioned and regular feeder calf auction sales to investigate the impact of a wide variety of factors, many of which have not been used in previous studies on feeder calf...

Precision agricultural technologies, such as guidance systems and automatic section controllers, have given farmers the ability to more effectively apply crop inputs such as fertilizer, pesticides, and seed. More efficient use of inputs often can be translated into higher yields and/or lower...

A formula for deriving the price of segregated early weaned pigs using corn, soybean meal, and market hog prices was estimated by equating return on investment for the different phases of production. USDA reported prices were compared with prices derived from this and several other common...