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1995

Adamowicz, Wiktor, Armstrong, Glen W., Novak, Frank

One of the guiding themes for forest management policy throughout much of North America is sustained yield. The basic premise behind this theme is that a constant or non-declining flow of services from the forest is socially desirable. Unfortunately, the act of capturing the benefits of this...

1999

Novak, Frank, Jeffrey, Scott

This paper examines alternative risk management strategies in terms of their effectiveness for three representative Alberta farm operations. Stochastic dynamic simulation methods are used to model financial performance for these farms, and alternative risk management programs are compared in...

1997

Novak, Frank, Unterschultz, Jim

This research investigates flexible pricing and payment alternatives (FPPA) that can be incorporated within the CWB pooling system for wheat. FPPA allow the CWB to remove some or all of the price uncertainty within a crop year to participating farm managers and let them arrange cash inflows more...

1995

Richards, Timothy J., Jeffrey, Scott

This study investigates the use of hedonic pricing to identify the value of relevant production and type traits for dairy bulls in Alberta. A hedonic pricing model is estimated that models semen price as a function of individual production and longevity characteristics for a sample of Holstein...

2000

Unterschultz, Jim, Novak, Frank

The structure of the Alberta hog industry has changed drastically over the past several decades. Historically, Alberta hog production was mainly comprised of many small and privately owned operations. Most hog farms continue to be privately owned and operated but the structure of Alberta's hog...

1993

Novak, Frank, Eales, James, Munro, Earl

This study investigates the risk and return of retained ownership of steer calves past weaning, in Alberta. The study is approached using an historical simulation. The base simulation model is based on a producer retaining 100 beef steers every fall for the years 1979 to 1991. There are three...

1993

Akabua, Kojo M., Bauer, Leonard, Phillips, William E.

The objective of this study was to analyze the performance of Alberta farmland relative to investment opportunities from financial securities. It is an extension of an earlier study undertaken by Mercier (1988) and Philllips et al. (1989). This study re-examines the period from 1964 to 1985, and...

1993

Bauer, Leonard, Novak, Frank

The majority of calf production in Alberta occurs in conjunction with grain growing enterprises. This study hypothesized that a major reason for this occurrence is the risk reduction opportunities which arise from on farm \"portfolios\" of grain and cattle. Annual rates of return were calculated...

1992

Moerth, Carol A., Lacuna-Richman, Celeste, Bauer, Leonard, Gill, Dhara S.

A central role of the farm operator, and one that determines the ability of the operator to cope with uncertainty, is the making of decisions. The situations which necessitate decisions on the farm are complicated by the dual nature of the farm household which encompasses two separate, yet...

1996

Phillips, William E., Adamowicz, Wiktor, Rush, Bonnie C.

The \"Wildlife Valuation Database\" is composed of 53 individual studies, providing 181 wildlife and reacreation benefit estimates. The database can be run on an IBM computer with Microsoft Windows 3.1. The format of the database is in the following form; (a) ID number, (b) focus of study (for...