3,168 research outputs found

    Opportunities for Alfalfa as a Grazing Crop in Kentucky

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    As we think about the possibilities of alfalfa as a grazing crop, maybe we need to look at some of the limitations and where alfalfa may fit into Kentucky producers programs. When looking at Kentucky\u27s land area of 25 million acres we see that nearly half is in woodland. Of the 12 million acres remaining; about 3 million is in row crops, 2 million in hay, 2 million in non farm uses, and the rest is pasture. That is about 5 million acres in pasture or at least available to the pastured. With at least 7 million acres in hay and pasture and currently only 300,000 acres of alfalfa, there appears to be plenty of room for more alfalfa

    Techniques for Reducing Mud Problems and Improving Pasture Abused Areas

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    I would like to approach this topic from two directions, mud control and then problem areas. Mud control in concentrated areas almost impossible with forages alone. Using a mud control product is usually advised. I will talk about several

    Opportunities for Warm Season Grasses

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    Today I would like to do two things, first talk a little about warm season grasses, where they come from, and where they might fit in your grazing program; and second, talk about the four major native grass species and two introduced species. Native warm season perennial grasses were an important part of the native forage species of Kentucky, supplying food and cover for deer, buffalo, and other wildlife when settlers arrived into Kentucky. With settlers plowing, overgrazing, and the introduction of other forages, Native Warm Season Grasses (NWSGs) were on the brink of extinction. These grasses included switchgrass, eastern gamagrass, indiangrass, and big bluestem. Over the past several years, there has been interest in re-establishing these grasses back into Kentucky, for soil conservation, wildlife and forages for livestock

    Opportunities for Alfalfa as a Grazing Crop in Kentucky

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    Why do we continue to hear people talk about Alfalfa as a grazing crop? In my opinion there are two words that come to mind when I think of grazing Alfalfa, quality and yield. Alfalfa is without a doubt the highest quality forage we can graze. Alfalfa is also one of the highest yielding forages we can graze and maybe the highest yielding widely known and widely grown forage available to Kentucky farmers

    Developing Fencing for Grazing Systems

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    Expectation is founded on faith, and in faith lays opportunities. I suppose as we look at most farming operations most changes occur from force not by choice. What I propose today and hope to convince most of you; is that here is an opportunity to make more profit, if you’re willing to change and have faith that it will work

    Listing Contract Length and Time on Market

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    Miceli (1989) in a search for the optimal time to allow a broker to market property provides a theoretical model which posits that the principal (seller) may use the length of the listing contract to motivate the agent (listing broker) to better align incentives. Expanding slightly on Miceli, this present work predicts that longer time allotted the broker to market residential property will decrease broker effort resulting in lower search intensity and eventually a longer marketing span for property, ceteris paribus. This prediction is borne out across three empirical modeling methodologies commonly used in time on market studies.

    Difficult to Show Properties and Utility Maximizing Brokers

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    This article is the winner of the Real Estate and the Internet manuscript prize (sponsored by PricewaterhouseCoopers) presented at the American Real Estate Society Annual Meeting. Brokers have long believed that difficult to show properties sell at lower prices and take longer to sell. Where difficult to show properties are defined as those properties that present extraordinary difficulties for a broker in arranging or showing the listing to a particular buyer. Buyers’ recent access to online real estate applications may make the cost of avoiding these properties prohibitive to brokers. Employing a hedonic pricing model and duration modeling techniques, this study finds that property price and marketing time are not significantly affected for these properties. The results suggest that brokers possess limited market power.

    Listing Specialization and Residential Real Estate Licensee

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    Earlier research has found that specialization by real estate agents creates economies of scope for real estate firms. So far, however, no research has addressed this issue at the agent level. The question this research seeks to answer is whether specialization in one side of the real estate transaction increases agent income. The most important finding is that specialization has an asymmetric impact on earnings. Specializing in listings positively enhances agent income. In contrast, specialization on the selling side has an adverse affect on agent income. The implications of these findings for the consumer and real estate industry are also examined.

    The Capitalization of Seller Paid Consessions

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    Using a hedonic pricing model, we analyze the capitalization of total seller paid discount points and closing costs into the price of a house. We hypothesize that sellers are concerned about the sales price net of total seller paid concessions (SPNC), rather than the exact terms of the transaction. Since the SPNC is easily ascertained in the negotiation process, we further hypothesize that total seller paid concessions (TSPC) are fully capitalized into the sales price. To test this hypothesis, sales price is regressed on a set of control variables including TSPC. In this framework, TSPC will be positive and not significantly different from one if concessions are fully capitalized. The empirical results provide support for the capitalization hypothesis. Negotiation strategies and study limitations follow from the empirical results.
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