Strengthening climate resilience requires farmers to select climate adaptation strategies like weather index insurance. Acknowledging that decision-making is not isolated, this study explores simultaneous peer imitation in climate adaptation choices consisting of index insurance, savings, and their interaction. We present results from a lab-in-the-field experiment that introduces innovative index insurance. Findings indicate significant and strong imitation attitudes. While the bigger peer surrounding seems relevant in the static perspective, the closer surrounding gains importance in the dynamic perspective. Additionally, credit, trust, and practical understanding stimulate adoption. Community-based extension interventions and credit-bundled products may increase index insurance diffusion and improve climate resilience.

Cotton warehouses face unique inventory management challenges. This research addresses this challenge by proposing innovative strategies to enhance warehouse efficiency. Three key objectives are addressed: modeling cotton bale movements, evaluating an alternative to the current bale handling process, and evaluating an alternative to the current cotton bale marketing system. Results reveal significant cost savings. Changing bale receiving and placement strategy by using gin codes yields a $499,000 per-cycle reduction for an Oklahoma cotton warehouse case. Altering order fulfillment techniques, such as grouping 30 orders, saves $34,000 per cycle. Implementing quality-based bale substitution leads to a $1.3 million saving per cycle.

Cosmetic standards implemented by grocery stores are a substantial barrier to farmers who want to market visually imperfect (VI) produce. However, in recent years, efforts to market VI produce grocery stores have increased. In this study, we estimate the willingness to pay (WTP) for VI organic kale in the Southeastern U.S. using a payment card approach. The results indicate that WTP does not increase when additional information is provided, decreases when areas of imperfections are highlighted, and it is impacted by several consumer characteristics. A profitability case study for a large organic kale producer is also presented.

Livestock abortion is a source of economic loss for farmers, but its economic impact has not been estimated in many Low and Middle-Income Countries. This article presents an estimation methodology and estimates for the gross and net cost of an abortion based on a sample of livestock-owning households in three regions of northern Tanzania and market data. We then generate aggregate estimates of abortion losses across Tanzania. We estimate annual gross and net annual losses of about $263 Million (about TZS 600 billion) and $131 million (about TZS 300 billion), respectively.

This study examines the economic performance of rainfed cropping systems endemic to the Southern Great Plains under weed competition. Cropping systems include tilled and no-till wheat-fallow, wheat-soybean, and wheat-sorghum rotations. Net returns from systems are compared under different levels of weed pressure. Producers operating over longer planning horizons would choose to double-crop regardless of the tillage method used and weed pressure level. Producers operating under shorter planning horizons would implement wheat-fallow systems when weed pressure is high and double crop when weed pressure is low.

Safflower grown in the western U.S. is often produced for birdseed mixes. Increasing demand for birdseed products, combined with regional drought, has shrunk western safflower availability. To satisfy the growing demand, processors may look to contracting strategies to incentivize production. We compare expected risk and corresponding certainty equivalents both from the processor and producer viewpoints under various contracting mechanisms and risk aversion levels. Results suggest that contracts containing a combination of lump sum acreage payments and fixed price performance payments would incentivize producer adoption of safflower while maintaining processor profitability and limiting the risk exposure of both parties.

By examining the econometric interrelationships of rice export prices of India, Thailand, Vietnam, Pakistan, the U.S., Argentina, Brazil, and Uruguay, this study examines the most influential rice-exporting countries in the international rice export market. The sampled countries are the source of more than 80% of the global rice exports. In the process, this study relies on online data portals of the United Nations and country-level sources for aromatic and non-aromatic rice export price information from India, Pakistan, and Thailand. This study employed the Prais-Winsten and Autoregressive Distributive Lag (ARDL) estimation processes with the error correction procedure. Combining the findings from both models, this study concludes that in terms of interactions, the non-aromatic long-grain rice price of the U.S., and the aromatic rice price of Pakistan are the most correlated prices in the international rice market. Considering the number of countries influenced by the price of a given country, our results indicate that Vietnam is the price leader in the non-aromatic long-grain market, followed by Argentina, Brazil, and India. India, the largest exporter, is the fourth top price leader. In the case of aromatic rice, Thailand is the absolute leader. Many countries in Asia and Africa rely on rice imports to meet domestic demand, where the food security situation is already precarious. Based on the findings, this study suggests closely monitoring rice production and export trends of Vietnam, Argentina, Brazil, India and Thailand to provide early warning when necessary to better manage supply shocks in the international rice market.

We use contingent valuation to estimate hunter and trapper willingness to pay (WTP) for a hypothetical bobcat harvest permit being considered in Indiana. Harvest permits would be rationed, with limits on aggregate and individual harvests. A model of permit demand shows that WTP may be subject to “congestion effects” which attenuate welfare gains from relaxing harvest limits. Intuitively, relaxing limits may directly change an individual’s expected harvest and, hence, WTP. Participation may subsequently change, with congestion offsetting welfare increases. These effects may lead to apparent scope insensitivity that may be endemic in the context of rationed goods.

We conduct sensory analysis and assess consumer preferences and willingness to pay (WTP) for beef steaks from cattle fed hydroponically produced barley fodder (B-F) relative to those fed conventional mixed rations (CON). Results suggest consumers do not differentiate between B-F and CON when evaluating sensory attributes and possess similar WTP for both treatments. Preference toward the B-F treatment is demonstrated for sustainability-conscientious consumers informed about the potential sustainability benefits of the B-F treatment. Producers feeding hydroponically produced barley fodder should not expect premiums above beef-fed conventional feedstuff, yet establishing credence value around the sustainability of the B-F treatment may increase marketability.

In Europe, uptake of multi-peril crop insurance remains limited, leading to discussions on premium subsidies. A study of 228 Saxony farmers investigated their attitudes and willingness to pay for a multi-peril crop insurance in 2022. Using a cluster analysis based on farmers’ satisfaction with current risk management as well as market supply of tools, perceived benefits of the insurance, and views on governmental intervention, four farmer segments were identified. Each showed varied attitudes toward insurance subsidies, willingness to pay, and farm characteristics. As an initial ex-ante study on this topic, the insights are invaluable for insurance providers and policy makers.

This paper examines the impact of land ownership on farm-level investment and investment risk (variability) in Indian agriculture using nationally representative survey data. The study adopts a flexible moment approach with White’s heteroscedasticity consistent standard error method. Results reveal that land ownership intensity significantly augments on-farm investment and reduces its variability. Other variables like family head’s education, access to irrigation, technical advice, credit and nonfarm income have significant inducement effects on-farm investment. We also observe that farmers’ education, age, irrigation, technical advice, MSP awareness and commercialization reduce farm investment risk. Findings have important policy implications for Indian land tenancy

This study presents an eye-tracking experiment to investigate consumer responses toward local Texas honey. Honey adulteration news was used as a treatment along with product attributes, such as a certified Texas honey seal, price, organic, and product reviews. The eye-tracking technology was applied to examine the effect of attribute-non-attendance to measure the treatment effects more robustly. The results show that honey adulteration information increases consumers’ willingness to pay (WTP) for some quality-related attributes. The results also show that negative product reviews have a much larger reduction in the magnitude of WTP than the increase produced by positive product reviews.

The objective was to estimate the difference in cost, revenue, and profit between unassisted and assisted calvings on western Canadian cow-calf operations. Historical records of individual animal production measures from 2015 to 2020 and industry-described inputs were used in a modified decision tree model. The incidence of assisted calvings in heifers and cows was 4.6 and 2%, respectively. Assisted heifers and cows had an expected profit of −$227.43 and −$67.06 CAD per calving, respectively, while unassisted heifers and cows had an expected profit of −$76.11 and $120.12 CAD per calving, respectively. Calving assistance can impact the profitability of western Canadian cow-calf operations.

Tree care license requirements are expected to improve service quality and provider competencies. The study elicits the licensing fee Georgia firms would pay using survey data from 153 tree care firms. An empirical relationship identifies firm characteristics that influence the fee size using the inverse hyperbolic sine transformation function. Results show that respondents who propose higher annual licensing fees are on average younger, more educated, male, and likely to agree that mandatory licensing is necessary to establish professionalism in the tree care industry. Also, those often engaged in tree trimming services and firms with higher annual revenues contemplate paying higher licensing fees.

This study examines the grazing management plans (GMPs) adoption and prioritization of environmental and economic objectives among U.S. cow-calf and stocker operations, utilizing 2020–2021 survey data and logistic regression analysis. Findings reveal regional adoption differences, with higher rates in the Midwest. Operations with succession plans, larger grazing lands, and stocker activities are more likely to adopt GMPs. Operations with more privately owned land and smaller herd sizes prefer environmental goals, while those with less grazing land prioritize economic outcomes due to resource concerns. The study provides insights for policies promoting GMP adoption and sustainability in the U.S. beef sector.

Much historical yield-monitor data is from fields where a uniform rate of nitrogen was applied. A new approach is proposed using this data to get site-specific nitrogen recommendations. Bayesian methods are used to estimate a linear plateau model where only the plateau is spatially varying. The model is then illustrated by using it to make site-specific nitrogen recommendations for corn production in Mississippi. The in-sample recommendations generated by this approach return an estimated $9/acre on the example field. The long-term goal is to combine this information with other information such as remote sensing measurements.

Using the Heckman framework, we develop profiles of households who purchase Greek yogurt and non-Greek yogurt and estimate own-price, cross-price, and income elasticities of demand. Attention is centered on the impacts of age, race, education, and ethnicity of the household head, household income, household size, region, the presence of children, and prices of Greek yogurt and non-Greek yogurt. This analysis rests on data acquired from Nielsen pertaining to 164,484 households over calendar years 2018–2020. Own-price elasticities are estimated to be −1.36 for Greek yogurt and −0.70 for non-Greek yogurt. Additionally, these yogurt products are not only substitutes but also necessities.

This paper examines child labor response to parental education. Prior studies present anecdotal evidence with a causal interpretation of this relationship rarely explored. Hence, conditional on a range of parental characteristics and multigenerational co-residence, I use as a set of instruments grandparents’ educational attainment to exploit plausibly exogenous variation in parents’ schooling. I generally find evidence of a negative parental education impact on child labor outcomes. The effect of maternal education on household farm work, however, is not significant. With respect to potential mechanisms, the results suggest that engagement in nonfarm employment pursuits among educated parents may mediate these effects.