THE CANADIAN DAIRY SECTOR: STRUCTURE, PERFORMANCE AND POLICIES

Agricultural and Food Policy, Industrial Organization,

Inventario de políticas agroambientales en Uruguay: documento de trabajo

Este documento resume el Inventario de Políticas Agroambientales vigentes a diciembre del 2004, en Uruguay, en las principales instituciones vinculadas al tema. También se identifican los principales problemas y retos ambientales en el país, relacionados con la agricultura y la forestació

Sustainability of Nutraceuticals and Functional Foods

Sustainability challenges and issues in nutraceuticals and functional foods arena have influenced both consumers and the industrial sector. Though the present day can be termed as an era of nutraceuticals and functional foods, the knowledge on sustainability among the people involved is limited in the pharma‐food industry. In this chapter, we provide a general overview of this subject, followed by discussion on the four pillars of sustainability and how these relate to the agricultural system, food safety and food security. Examples of nutraceuticals products, health benefits incurred, consumer trends and food choices as well as market values are all examined

Can urban coffee consumption help predict US inflation?

Motivated by the importance of coffee to Americans and the significance of the coffee subsector to the US economy, we pursue three notable innovations. First, we augment the traditional Phillips curve model with the coffee price as a predictor, and show that the resulting model outperforms the traditional variant in both in-sample and out-of-sample predictability of US inflation. Second, we demonstrate the need to account for the inherent statistical features of predictors such as persistence, endogeneity, and conditional heteroskedasticity effects when dealing with US inflation. Consequently, we offer robust illustrations to show that the choice of estimator matters for improved US inflation forecasts. Third, the proposed augmented Phillips curve also outperforms time series models such as autoregressive integrated moving average and the fractionally integrated version for both in-sample and out-of-sample forecasts. Our results show that augmenting the traditional Phillips curve with the urban coffee price will produce better forecast results for US inflation only when the statistical effects are captured in the estimation process. Our results are robust to alternative measures of inflation, different data frequencies, higher order moments, multiple data samples and multiple forecast horizons

Land Levelling

Land levelling using horse-pulled equipment

Stacker for Hay

Stacking alfalfa on the CPR section of the Experimental Farm. Sleds are used for bringing in the hay

Cutting Alfalfa on Model Farm

A man cutting alfalfa on the Model Farm. Two horses pulling the cutting machine, back view