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Beef industry sectors are coordinated by a relatively subtle combination of absolute price levels and price relationships across feeder cattle weights. This paper presents a conceptual framework to understand market based coordination of production in the beef industry. The paper illustrates...
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This article addresses the cross training of employees in large agribusiness firms that hire employees having varying degrees and backgrounds. The successful use of an experiential fed cattle market simulator in cross training is described. Evaluations of workshop participants evidence the...
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A whole-farm simulation model is used to analyze the impacts of PST adoption on representative farms in Missouri and Indiana. Farmers who do not adopt experience lower average annual net cash farm incomes than adopters. Lower feed prices and/or an average PST/feed response decrease the incentive...
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The paper demonstrates a group incentive program to encourage farmer adoption of best management practices. It is demonstrated that the best management practices may not actually reduce farm profits but may increase farm profits and reduce environmental pollution. This may bring about a win-win...
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