Salmon Market Dynamics

Demand and Price Analysis, Environmental Economics and Policy, Production Economics, Resource /Energy Economics and Policy,

Preface: A Nested Logit Model of Recreational Fishing Demand in Alaska

Public Economics, Research Methods/ Statistical Methods,

PREMIUMS/DISCOUNTS AND PREDICTIVE ABILITY OF THE SHRIMP FUTURES MARKET

Seafood futures contracts are a novelty in the derivative markets, having shrimp as their only exponent. Unfortunately, shrimp futures contracts have suffered a disappointing start. The analyses focus on testing whether premiums/discounts for non-par deliverable shrimp size categories can eliminate cash price differentials, and whether the shrimp futures market can predict cash prices without bias. Results indicate ineffective premiums/discounts and predictive bias. These results and the momentous changes taking place in the seafood industry are contrasted to discuss the viability of seafood futures contracts.Agribusiness,

Effects of hydrolysis ageing on the performance and dimensional stability of glass-fiber reinforced polyamide 66

Results of an in-depth study of hydrolysis testing on the mechanical performance, weight change, and dimensional stability of injection moulded glass-fiber reinforced polyamide 66 automotive composites are presented. Composite and resin samples have been characterised after conditioning in water-glycol mixtures at 70°C, 120°C and 150°C for a range of times up to 1000 hours. The results reveal that hydrothermal ageing results in significant changes in the mechanical performance, weight, and dimensions of these materials. Mechanical performance after conditioning at different temperatures could be superimposed when considered as a function of the level of fluid absorbed by the composite matrix

Three-dimensional multigrid algorithms for the flux-split Euler equations

The Full Approximation Scheme (FAS) multigrid method is applied to several implicit flux-split algorithms for solving the three-dimensional Euler equations in a body fitted coordinate system. Each of the splitting algorithms uses a variation of approximate factorization and is implemented in a finite volume formulation. The algorithms are all vectorizable with little or no scalar computation required. The flux vectors are split into upwind components using both the splittings of Steger-Warming and Van Leer. The stability and smoothing rate of each of the schemes are examined using a Fourier analysis of the complete system of equations. Results are presented for three-dimensional subsonic, transonic, and supersonic flows which demonstrate substantially improved convergence rates with the multigrid algorithm. The influence of using both a V-cycle and a W-cycle on the convergence is examined

A Brief Summary of U.S. Farm Program Provisions

This brief publication began as a need for a short summary of farm programs and farm bills for two agricultural economics courses focusing on agricultural policy -- ag. economics 429, and ag. economics 614. It became clear that many students taking these courses had less and less background in agriculture and less (even cursory) knowledge of policies than those of the recent past. After this list was developed a number of other professional agricultural economists found copies and began to use it, hence its publication in a more structured form. The list of Farm Program Provisions is not all-inclusive. It certainly does not contain all the laws and provisions that have affected agriculture over the years. However, it is an easy reference to farm bills and provisions since 1933. We intend to update this list as time goes on to continue its usefulness to professionals and students alike.Agricultural and Food Policy,

Innovations and Progress in Seafood Demand and Market Analysis

The purpose of this paper is to review several economic studies which present a spectrum of interesting and creative approaches to analyzing the market for fish and seafood. These studies form a basis from which to offer recommendations for further improving analysis of fish demand and markets. We do so in an effort to advocate the potential of this area of research in the decisions which promote efficient use of the world's fisheries resources. Each of the reviewed approaches has its merits and limitations, depending on the issue at hand, quality of the data and skills of the researcher. The approaches are categorized as either demand studies following more traditional commodity market analysis methods or as market research studies.seafood, demand, marketing, international trade, Demand and Price Analysis, Environmental Economics and Policy, International Relations/Trade, Resource /Energy Economics and Policy,

SOUTHERN AGRICULTURE UNDER THE 2002 FARM BILL: A REPRESENTATIVE FARMS APPROACH

The 2002 Farm Bill affects economic activity of farms and ranches in the southern United States. Using stochastic simulation techniques, key financial variables were projected for 39 representative farms and ranches in ten southern states. Results indicate 24 of 39 farms studied have more than a 40 percent likelihood of having annual cash flow deficits during the period 2002 through 2007. Results are largely consistent across commodities and between moderate and large size farms in the same geographic area.Agricultural and Food Policy,