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Abstract Longitudinal data on Iowa landowner–operator contracts are used to examine how the mean, variance, and skewness of expected farmland returns affected contract terms from 2008 to 2019. To control for unobserved operator risk preferences and ability as a fixed effect, the sample includes operators with multiple contracts. Our empirical work shows that farmland with… Continuar leyendo Effect of risk and incentives on contracts: The case of farm operators in Iowa

Abstract Integrating trading and logistics is an important challenge in commodity trading. Trading and logistics are strategic decisions and are integral to most commodities including grain shipping by rail, in addition to other modes (barges, ocean shipping). There are substantial risks, such as the ordering and placement of rail cars. The other risk is having… Continuar leyendo Supply chain risk in grain trading: Inventories as real options for shipping grain

Abstract Globally, livestock grazing is a major land occupier and is often criticized for its environmental impact. To address these concerns, enhancing livestock productivity is crucial to mitigate these impacts, boost farm competitiveness, and increase food production. The understanding of production variability is key to this endeavor. This paper assesses the technical efficiency of cow-calf… Continuar leyendo Technological frontier in Uruguay’s beef cattle production: An analysis of technical efficiency and its main drivers

Abstract Starting in the early 2000s, a boom in demand for agricultural commodities displaced cattle ranching out of the most productive areas of the Pampas’ prairie. The crossbreeds between Angus and Hereford with Brahman, that is, Brangus and Braford, have been successfully adopted across Argentina. However, little is known about the specific bulls’ traits that… Continuar leyendo Economic value of Brangus cattle traits in Argentina

Abstract Countries rich in natural resources are typically major exporters of commodities worldwide. Specialization in such goods may create incentives for certain groups to hinder a country’s institutional development. Therefore, in this article, we investigate the causal relationship between commodity exports and the institutional quality of 49 countries from 1997 to 2022. Given that commodity… Continuar leyendo Are commodity exports a road to weaker institutions? Causal inference through a natural experiment

Abstract Geographical indication (GI) represents the specific good quality and reputation of the regional characteristics of agricultural products, which is a positive approach for stabilizing the export of agricultural products under China’s new “Dual Circulation” pattern. This study used the propensity score matching–double difference (PSM–DID) method empirically testing the effect and mechanism of the mutual… Continuar leyendo Mutual recognition of geographical indications and China’s agricultural exports—On the use of domestic and international markets

Abstract Packaging of fresh fruits and vegetables is standard in many grocery stores. This mixed methods study aims to identify the role packaging plays in consumer choice and what packaging material consumers prefer. We analyzed data from quantitative stated preference experiments with a quota sample of 485 consumers living in Germany. In addition to the… Continuar leyendo “Bio‐based Plastic? Hm, I’ve Never Seen It!”—A mixed‐methods investigation into consumer preferences for different packaging material of fresh apples and tomatoes