Our purpose in this paper is to highlight the role of organizational structure and incentives in the design of contracts between buyers and sellers of agricultural products. In particular, we consider how differences ...

We consider the effect of perceived economic pressures on the ethical attitudes of farmers. We hypothesize that an increase in the economic pressures a farmer faces could result in that farmer being more tolerant of unethical ...

This paper considers the question of whether middle-scale farmers, which are defined as producers generating between $100,000 and $250,000 in sales annually, are better agricultural stewards than small and large-scale ...

The U.S. pork production sector has changed dramatically in recent years. Two decades ago it was made up of hundreds of thousands hog enterprises often part of diversified farming operations. Today, ownership of hogs is ...

This study analyzes the effect of the Loan Deficiency Payment (LDP) program, established under the Federal Agriculture Improvement Reform (FAIR) act of 1996, on corn and soybean basis pattern patterns in Missouri. Additionally, ...

The purpose of this paper is to determine what factor affect trust in scientists and food manufacturers, and to examine how trust in these institutions affects public support for biotechnology. Data from the U.S. Biotechnology ...

The USDA Mandatory Price Reporting System Price Data Reports started in 2001 as part of the Livestock Reporting Act of 1999. Each weekday USDA releases three reports on negotiated hog prices which are named after their ...

The changes in U.S. pork trade in the past 21 years are quite impressive. U.S. pork exports have grown from 86 million pounds carcass weight equivalent in 1986 to 3 billion pounds in 2006. This paper discusses the changes ...

The changes in U.S. pork trade in the past 22 years are quite impressive. U.S. pork exports have grown from 86 million pounds carcass weight equivalent in 1986 to 3.1 billion pounds in 2007. This paper discusses the changes ...

Chinese synthetic fiber capacity is more than 100 times larger than it was just 30 years ago. It represents more capacity than exists in the United States and Western Europe combined and continues to expand each year to ...

This paper examines the administrative structuring of the Food for the 21st Century program at the University of Missouri and discusses the advantages and disadvantages of the cluster model of research.

Viewed nationally, the rapid entry rate of women into higher education in the U.S. during recent decades gives gender a special place among the categories of academic diversity to consider. Over the past twenty years, the ...

Conventional wisdom suggests that weekly prices at farm, wholesale, and retail levels should exhibit symmetry. Observation of asymmetrical price movements is submitted as evidence of the existence and use of "market power" ...

The traditional wisdom holds that the benefits of a decentralized channel structure arise from downstream competitive relationships. In contrast, Arya and Mittendorf (2007) showed that the value of decentralization can ...

In this paper, we evaluate the labor-market returns to General Educational Development (GED) certification using Missouri administrative data. We develop a fuzzy regression discontinuity (FRD) method to account for the ...

We examine how future real GDP growth relates to changes in the forecasted longterm average of discounted real oil prices and to changes in unanticipated fluctuations of real oil prices around the forecasts. Forecasts are ...

The price-to-rent ratio, a common yardstick for the value of housing, is difficult to estimate when rental properties are poor substitutes of owner-occupied homes. In this study we estimate price-to-rent ratios of residential ...

An inverse live hog demand model was estimated to analyze claims that the live hog own quantity demand flexibility's magnitude has increased in recent years. A second objective of this research was to estimate the impact ...

Increased use of alternative fuels and low commodity prices have contributed to the recent expansion of the US ethanol industry. As with any competitive industry, there exists some level of output price risk in the form ...

We study models of credit with limited commitment, which implies endogenous borrowing constraints. We show that there are multiple stationary equilibria, as well as nonstationary equilibria, including some that display ...