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Full-Text Articles in Life Sciences

Using Futures And Option Contracts To Manage Price And Quantity Risk: A Case Of Corn Farmers In Central Iowa , Li-Fen Lei Jan 1992

Using Futures And Option Contracts To Manage Price And Quantity Risk: A Case Of Corn Farmers In Central Iowa , Li-Fen Lei

Retrospective Theses and Dissertations

The overall objective of this study is to examine the optimal responses of a risk-averse corn producer to price and quantity risks within a framework where both futures and option contracts are available as risk management tools. The corn farmer is selected as a representative decision maker because corn is the most important crop in Iowa;Numerical techniques are used to solve the expected utility maximization problem for the corn producer. In forming his subjective probability distributions about random variables, the farmer is assumed to predicate output which will be sell to cash market at a later date and use ...


Overreaction In Futures Markets , Robert Frederick Baur Jan 1992

Overreaction In Futures Markets , Robert Frederick Baur

Retrospective Theses and Dissertations

Market efficiency is tested in futures markets by forming portfolios of futures contracts on the basis of previous price changes. Contracts with extreme positive (negative) price change are added to winner (loser) portfolios. Market efficiency requires the expected return on these two portfolios to be statistically equal. Buy-and-hold portfolios from sixty-six futures markets from a sample period of January, 1964 to April, 1992 are formed to test for the existence of risk premiums. This study extends DeBondt and Thaler (1985) by applying a similar strategy to futures markets where selection bias should not be a problem;Contrary to their findings ...


Economic Impacts Of Growth Promotants In The Beef, Pork And Poultry Industries , Brian Lee Buhr Jan 1992

Economic Impacts Of Growth Promotants In The Beef, Pork And Poultry Industries , Brian Lee Buhr

Retrospective Theses and Dissertations

Advances in biotechnology have resulted in the potential for use of growth promotants in commercial livestock production. Somatotropins and beta-agonists are the two growth enhancers most likely to be used in beef, pork, and chicken production. The growth promotants increase production efficiency and also result in improved lean composition of meat;Commercial availability of growth promotants will have impacts on all participants in meat production, including producers, processors, consumers, crop producers, and the government, and their possible use has been controversial. The objective of this study is to determine the likely economic impacts of the adoption of growth promotants by ...


A Production And Pricing Decision Model For The Korean Agricultural Cooperatives , Saim Woo Han Jan 1992

A Production And Pricing Decision Model For The Korean Agricultural Cooperatives , Saim Woo Han

Retrospective Theses and Dissertations

The purposes of this study were to introduce the idea that a farm cooperative is a decision unit in Korea, and to develop a short-run model of the cooperative which could be used to analyze its problems;In particular, an attempt was made to develop under certainty a normative-prescriptive model of a diversified multi-product marketing, supply inputs and consumption goods cooperative which served both member and nonmember patrons, and also develop a model of a multi-product marketing and supply cooperative under uncertainty;Development of the model under certainty began with the construction of a sub-model of a typical multi-product member ...


The Economics Of Reducing Sulfonamide Residues In Pork, Virginia Marie Berger Jan 1992

The Economics Of Reducing Sulfonamide Residues In Pork, Virginia Marie Berger

Retrospective Theses and Dissertations

No abstract provided.


The Reform Of The Agricultural Policy In The European Economic Community: An Italian Farm Simulation Study, Giovanni Giardini Jan 1992

The Reform Of The Agricultural Policy In The European Economic Community: An Italian Farm Simulation Study, Giovanni Giardini

Retrospective Theses and Dissertations

No abstract provided.


The Effect Of Health Information On The Implicit Prices Of Nutrients, Soma Sen Jan 1992

The Effect Of Health Information On The Implicit Prices Of Nutrients, Soma Sen

Retrospective Theses and Dissertations

No abstract provided.


Agricultural Trade Liberalization In Morocco: The Case Of Oilseeds Sector, Samia Moulay-Benaissa Jan 1992

Agricultural Trade Liberalization In Morocco: The Case Of Oilseeds Sector, Samia Moulay-Benaissa

Retrospective Theses and Dissertations

No abstract provided.


Effects Of Farm Characteristics And Government Disaster Assistance On Multiple-Peril Crop Insurance Purchases By Iowa Crop Farmers , Khosrow Khojasteh Jan 1992

Effects Of Farm Characteristics And Government Disaster Assistance On Multiple-Peril Crop Insurance Purchases By Iowa Crop Farmers , Khosrow Khojasteh

Retrospective Theses and Dissertations

The present federal crop insurance program has been characterized by low farmer participation and high government costs. It has been frequently argued that one of the major factors causing the poor participation rate is the continued availability of disaster relief payments, whereby the ad hoc disaster assistance programs help support producers' beliefs that a widespread natural disaster will be accompanied by government assistance;The purpose of this study was to develop and empirically estimate probability models that could explain Iowa farmers' behavior regarding the purchase of multiple-peril crop insurance. The models under study included both linear and nonlinear single- equations ...


Supply Response And Food Demand In Lampung, Indonesia, Yoke Muelgini Jan 1992

Supply Response And Food Demand In Lampung, Indonesia, Yoke Muelgini

Retrospective Theses and Dissertations

No abstract provided.