Recent Submissions

  • Evaluation of alternative techniques to determine pork carcass value 

    Akridge, Jay T.; Brorsen, B. Wade; Forrest, John C.; Kuei, Chu-hua; Schinckel, Allan P.; Brorsen, B. Wade (Journal of Animal Science, 2014-12-11)
    Three techniques for estimating the value of pork carcasses were evaluated: an optical probe, a real-time ultrasound scanner, and an electromagnetic scanner (EMSCAN). The ability of these techniques to predict carcass value ...
  • Determining returns to storage: Does data aggregation matter? 

    Klumpp, J.; Brorsen, B. Wade; Anderson, Kim Barry; Klumpp, J.; Anderson, Kim Barry; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 2007-12)
    Aggregate data are commonly used to determine returns to storage. However, recent studies have shown that aggregating data may lead to underestimated returns. This article compares aggregate and elevator data from Oklahoma ...
  • Can multiyear rollover hedging increase mean returns? 

    Yoon, Byung-Sam; Brorsen, B. Wade; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 2005-04)
    Both market advisors and researchers have often suggested multiyear rollover hedging as a way to increase producer returns. This study determines whether rollover hedging can increase expected returns for producers. For ...
  • Model selection for discrete dependent varaibles: better statistics for better steaks 

    Norwood, Franklin Bailey; Lusk, Jayson; Brorsen, B. Wade; Norwood, Franklin Bailey; Brorsen, B. Wade (Journal of Agricultural and Resource Economics, 2004-12)
    Little research has been conducted on evaluating out-of-sample forecasts of discrete dependent variables. This study describes the large and small sample properties of two forecast evaluation techniques for discrete dependent ...
  • Using both sociological and economic incentives to reduce moral hazard 

    Richter, F. G. C.; Diaz, E. F.; Brorsen, B. Wade; Currier, Kevin M.; Richter, F. G. C.; Currier, Kevin M.; Brorsen, B. Wade (Journal of Agricultural and Resource Economics, 2003-08)
    Economists tend to focus on monetary incentives. In the model developed here, both sociological and economic incentives are used to diminish the apparent moral hazard problem existing in commodity grading. Training that ...
  • Optimal stocking density for dual-purpose winter wheat production 

    Kaitibie, Simeon; Epplin, Francis M.; Brorsen, B. Wade; Horn, Gerald W.; Krenzer, Eugene G.; Paisley, Steven; Kaitibie, Simeon; Brorsen, B. Wade; Horn, Gerald W.; Krenzer, Eugene G. (Journal of Agricultural and Applied Economics, 2003-04)
    Dual-purpose winter wheat production is an important economic enterprise in the southern Great Plains of the United States. Because of the complex interactions involved in producing wheat grain and beef gain from a single ...
  • AIDS versus the Rotterdam demand system: a cox test with parametric bootstrap 

    Dameus, A.; Richter, F. G. C.; Brorsen, B. Wade; Sukhdial, K. P.; Richter, F. G. C.; Sukhdial, K. P.; Brorsen, B. Wade (Journal of Agricultural and Resource Economics, 2002-12)
    A Cox test with parametric bootstrap is developed to select between the linearized version of the First-Difference Almost Ideal Demand System (FDAIDS) and the Rotterdam model. A Cox test with parametric bootstrap has been ...
  • Market inversion in commodity futures prices 

    Yoon, Byung-Sam; Brorsen, B. Wade; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 2002-12)
    In an inverted market, current prices are higher than future prices and thus the price of storage is negative. Market inversions as measured with futures spreads rarely occur during early months of the crop year. However, ...
  • Feeder cattle price slides 

    Brorsen, B. Wade; Coulibaly, Nouhoun; Richter, F. G. C.; Bailey, DeeVon; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 2001-07)
    A theoretical model is developed to explain the economics of determining price slides for feeder cattle. The contract is viewed as a dynamic game with continuous strategies where the buyer and seller are the players. The ...
  • Economic impacts of banning subtherapeutic use of antibiotics in swine production 

    Brorsen, B. Wade; Lehenbauer, T.; Ji, D.; Connor, J.; Brorsen, B. Wade; Ji, D. (Journal of Agricultural and Applied Economics, 2001)
    Public health officials and physicians are concerned about possible development of bacterial resistance and potential effects on human health that may be related to the use of antimicrobial agents in livestock feed. The ...
  • Value of increasing kernel uniformity 

    Yoon, Byung-Sam; Brorsen, B. Wade; Lyford, C. P.; Yoon, Byung-Sam; Lyford, C. P.; Brorsen, B. Wade (Journal of Agricultural and Resource Economics, 2001)
    Kernel size uniformity is an important physical quality attribute in terms of processing efficiency, quality control, and milling yield. This study developed optimal grain sorting strategies for elevators to use to increase ...
  • Consolidating rural school districts: potential savings and effects on student achievement 

    Jacques, C.; Brorsen, B. Wade; Richter, F. G. C.; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 2000-12)
    One frequently proposed policy is to consolidate rural school districts in order to save money by obtaining economies of size. The effects of school district size on both expenditures and standardized test scores are ...
  • Cost of forward contracting hard red winter wheat 

    Townsend, J. P.; Brorsen, B. Wade; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 2000-04)
    Two methods were used to estimate the cost of forward contracting hard red winter wheat. One hundred days before delivery, the estimated cost of forward contracting ranged from six cents/bu. to eight cents/bu. Thus, further ...
  • Trends in the accuracy of USDA production forecasts for beef and pork 

    Bailey, DeeVon; Brorsen, B. Wade; Brorsen, B. Wade (Journal of Agricultural and Resource Economics, 1998-12)
    Trends in the accuracy of USDA forecasts of beef and pork production and supply are evaluated for the period 1982-96. Findings of the study show that USDA forecasts underestimated production and supply in the 1980s, but ...
  • Performance of alternate component pricing systems for pork 

    Brorsen, B. Wade; Akridge, Jay T.; Boland, M. A.; Mauney, S.; Forrest, John C.; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 1998-12)
    One method of implementing value-based marketing is a component pricing system. This research develops and evaluates alternative component pricing systems for pork. Two electronic technologies for estimating carcass ...
  • Pesticide productivity: What are the trends? 

    Teague, M. L.; Brorsen, B. Wade; Teague, M. L.; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 1995-07)
    Obtaining estimates of pesticide productivity is an economic response to the growing public concern about the steady increase of pesticide use in the United States. This type of research indicates the cost of limiting ...
  • Effect of risk aversion on feeder cattle prices 

    Lee, J.; Brorsen, B. Wade; Brorsen, B. Wade (Journal of Agricultural and Applied Economics, 1994-12)
    This paper determines the effects of cattle feeders� risk aversion on feeder cattle prices using pen data of Kansas feedlots. Higher profit risk results in lower feeder cattle prices. The elasticity of feeder cattle price ...