Agricultural Marketing Policy Papers
Permanent URI for this collectionhttps://scholarworks.montana.edu/handle/1/3495
Browse
26 results
Search Results
Item Risk Management Options for Wyoming Farms(2009-05) Johnson, James B.; Smith, Vincent H.Farm managers know they are involved in financially risky enterprises and, as a result, develop strategies and tools to manage that risk. Typically, those strategies involve the use of multiple production, price and business risk management tools.Item Risk Management Options for Montana Farms(2009-05) Johnson, James B.; Smith, Vincent H.Agricultural production is a financially risky business. In Montana, production losses from natural hazards do occur (for example, drought, fire, hail and insect damage). Farm managers also face substantial price risks, both in resource markets where they purchase their inputs and in commodity markets where they sell their crops. Energy prices can vary substantially from one month to the next, as can nitrogen and other fertilizer prices. Crop prices can be volatile. Moreover, the link between farm-level production losses and commodity prices is weak. At the market level, when production is relatively low prices tend to be relatively high, but an individual agricultural producer may experience low levels of production because of locally adverse production conditions when commodity prices are also low.Item Risk Management Options for Wyoming Ranchers(2009-01) Johnson, James B.; Smith, Vincent H.; Hewlett, John P.Agricultural production is a financially risky business. On Wyoming ranches, forage losses from natural hazards (lack of moisture, severe drought, etc.) are frequent. Livestock losses also occur because of adverse winter weather, summer heat, animal disease and predation. Ranches also encounter substantial price risks, both in the resource markets where they purchase their inputs and the commodity markets where they sell their livestock and crops. Energy, corn and other feed prices can vary substantially from one month to the next, as can nitrogen fertilizer prices. Livestock prices can also be volatile. Moreover, the link between ranch level production losses and commodity prices is weak. At the market level, when production is relatively low prices tend to be relatively high, but an individual agricultural producer may experience low levels of production because of locally adverse production conditions when commodity prices are also low.Item Constructing an Organic Price Series: Not as Easy as Expected(2008-11) Buschena, DavidThe growth of organic farm production and consumer demand has raised questions regarding the profitability of organic systems. A primary component of this profitability is the size and sustainability of organic price premiums. Additionally, there have been recent large increases in the prices for conventionally-produced commodities due to increases in input costs (particularly fertilizer and fuel), changes in export demand (including the value of the dollar), and also perhaps the ethanol market. We explore the relationships between organic and conventional grain prices over the period 1998 to 2008 using monthly price series. This relatively long period allows us to assess the nature of the price relationships between organic and conventional prices for periods prior to and after the recent run-up in conventional prices. Our focus is on the three key crops for Montana: corn (as a feed barley substitute), hard red spring wheat, and hard red winter wheat.Item Representative Enterprise Budgets for Pea Grazing, Haying, and Harvest for Seed(2008-06) Buschena, DavidThis policy issues paper presents representative enterprise budgets for the inclusion of dry edible peas into a wheat-based dryland rotation in Central Montana. Three uses of peas are considered: grazed by livestock, harvested for seed, and hayed. Peas have generated significant interest in dryland wheat systems recently as a potential replacement for fallowing in years with sufficient soil moisture. Peas fix some nitrogen, have other agronomic benefits, and with good stands are also competitive with many weeds. Peas do however have the potential to reduce soil moisture for subsequent crops compared to summer fallow.Item Adjusted Gross Revenue-Lite: A Whole Farm Revenue Insurance Available in Wyoming(2008-02) Johnson, James B.; Hewlett, John P.; Griffith, DuaneAdjusted Gross Revenue-Lite (AGR-Lite) is a federally-subsidized whole-farm revenue protection insurance plan. The plan is a whole farm (ranch) revenue insurance that covers revenue losses from most farm-raised crop commodities, animal commodities and unprocessed (unaltered) animal products such as milk and wool. The plan protects against low revenue due to losses in production and declines in product quality and market price. Specifically, the plan provides protection against low revenue due to production losses attributable to unavoidable natural disasters and market fluctuations that impact farm revenue in the insurance year.Item The 2007 Farm Bill: Montana Producer Preferences for Agricultural, Food, and Public Policy(2007-02) Johnson, James B.; Haynes, George W.; Brester, Gary W.The Farm Security and Rural Investment Act of 2002 provides the direction for federal agricultural, food, and public policy through September of 2007. The 2002 Act is the most recent in a series of comprehensive farm bills that have authorized federal farm programs. When the 2002 Act expires, new legislation will guide future programs. In the absence of new legislation, federal farm programs could revert to permanent legislation dating from 1949. The presence of permanent legislation helps provide the impetus needed to insure that agriculture, food, and rural policy issues will be addressed by Congress and by United States Department of Agriculture (USDA) programs.Item Montana Oilseed Markets: Historical Price and Production Statisitics(2006-11) Schumacher, Joel B.Oilseed crops are grown in Montana to satisfy awide variety of market demands and offer economic and agronomic diversification to Montana producers. The overall demand for oilseed products is comprised of numerous markets including many that can be categorized as niche markets. Trends in each of these markets influence the overall demand for oilseeds. This policy paper provides information on historical prices and production for oilseed crops raised in Montana.Item Livestock Mandatory Price Reporting and Effects on Lamb Price Risk(2006-11) Marsh, John M.; McDonnell, TomIn 1999, Congress passed the Livestock Mandatory Reporting Act (LMR) regulating the reporting of market information specific to cattle, swine, and lambs (and their products). The LMR program was implemented in April 2001 (USDA/AMS 2004) and was reauthorized by Congress in the fall of 2006. Under LMR, meat packers with recent 5-year slaughter histories of at least 125,000 cattle, 100,000 swine, or 75,000 lambs must electronically file daily summary information to the USDA’s Agricultural Marketing Service (AMS) on all transactions involving livestock purchases and meat sales. Detailed information is also to be reported by firms that import meat products and sell them into the domestic market. Overall, the LMR program is intended to provide transparency regarding pricing, marketing methods, and supply and demand conditions for livestock and livestock products (USDA/AMS 2004).Item Health Information and Impacts on the Beef Industry(2006-11) Marsh, John M.; Holzer, Bret M.The economic well being of cattle producers depends upon numerous factors, including consumer demand for beef, red meat and poultry supplies, marketing costs, international beef trade, and agribusiness concentration. Changes in consumer beef demand are transmitted through the marketing channel and affect meat packer demand and prices for slaughter cattle and feedlot demand and prices for feeder cattle. Since the mid 1970s, consumer demand for beef has declined due to changes in consumer preferences, demographics, and relative meat prices (Marsh 2003). Based on an estimated annual retail beef demand index, retail beef demand declined by about 47 percent from 1970 to 2004. However, more recently, from 1998 to 2005 the index increased by about 22 percent (LMIC).
- «
- 1 (current)
- 2
- 3
- »