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1992

Novak, Frank, Armstrong, Glen W., Staples, Blaine, Bauer, Leonard

This project has examined after tax gross margin net present values accruing to Alberta wheat farmers under three fertilizer and crop rotation systems; a fixed rotation traditional fertilizer system, a static economic fertilizer decision system within a fixed rotation, and a static economic...

1992

Novak, Frank, Lerohl, Mel, Miranda, Mario J.

An aggregate acreage supply model for the Canadian prairie provinces is estimated under the assumption that farmers base acreage allocation decisions on the rational ex-ante expectation and variance of net per hectare revenue. In order to account directly for the effects of government...

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...

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...

1993

Bradshaw, Garry, Bauer, Leonard

\"Farm management is a task performed only by managers of farms. It is not undertaken by those who write about it, teach it, or give advice on it.\" This rather humbling quotation from two British writers, Giles and Stansfield, conveys a powerful message to people who are involved in the...