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Skip to Search Results- 9Canada, Alberta
- 5Risk management
- 3Farm management
- 2Dairy industry
- 2Farm machinery
- 2Net present value
- 6Unterschultz, Jim
- 3Jeffrey, Scott
- 3Novak, Frank
- 2Mumey, Glen
- 2Richards, Timothy J.
- 1Adamowicz, Wiktor
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2003
Boxall, Peter C., Miller, Jamie, Unterschultz, Jim
A simulation model of a ranch based in Southern Alberta was developed to evaluate the on-ranch economics of adopting different grazing management strategies to improve riparian health in rangeland. Under low cost scenarios, there are positive economic incentives to adopt strategies to maintain...
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1996
Jeffrey, Scott, Richards, Timothy J.
This study investigates the relationships between farm size, milk yield, cost of production, and technical efficiency in the Alberta dairy industry. Estimates of a stochastic production frontier are obtained with two alternative methods; an iterative \"average frontier\" (AF) procedure and a...
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1998
Jeffrey, Scott, Richards, Timothy J.
Dairy production at the farm-level is undergoing a rapid transformation in preparation for more open competition in the future. However, the means by which dairy farms can best improve their economic performance is of some question. Using measures of allocative, technical, and overall efficiency...
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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...
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1999
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...
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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...
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Hedging Alberta Government's Oil and Gas Revenue: Is Acting Like a Farmer a Viable Strategy?
Download2009
Hotz, Joffre, Unterschultz, Jim
The provincial government of Alberta in Canada experiences a significant annual revenue variability arising from changes in crude oil and natural gas prices. This research evaluated whether Alberta's non-renewable revenue risk could be managed using a derivatives hedging program. Results from a...
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Investment Analysis of Agri-Food Ventures: What Risk Premia are Appropriate? The Silence of the Literature
Download1996
Unterschultz, Jim, Quagrainie, Kwamena K.
Financial principles of project investment analysis with the cost and benefit flows over time. Invariably, the correct future cash flows and exact risks are unknown. The agricultural academic literature devotes substantial energy to discussing the estimation of the cash flows but it is relatively...
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Reducing Investment Risk in Tractors and Combines with Improved Terminal Asset Value Forecasts
Download1996
Mumey, Glen, Unterschultz, Jim
Secondary asset market data for combines and tractors used to estimate and separate out historical economic depreciation, embodied technological change and time value change. Combines and tractors generally exhibit constant geometric economic depreciation on a year to year basis. Depreciation...
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Reflecting Productivity Losses due to Erosion in Physical and Financial Accounts for Agricultural Soils
Download1994
The paper describes an approach to estimating the long-term impact of soil erosion, and applies that approach to data from the Province of Alberta, Canada. This paper relies upon a soil classification system established in Canada, known as the Canada Land Inventory (CLI). It also employs...