205 research outputs found

    Backcasting Formula-Based Federal Order Class Prices

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    In January 2000, all federal milk marketing orders began using a common set of product price formulas to establish milk component values and related Class prices. For roughly forty years before then, order Class prices were tied to the price paid for milk by unregulated manufacturing plants in Minnesota and Wisconsin. This paper addresses the question of how actual Class milk prices compare with prices that would have been generated by current product price formulas. A consistent set of product prices is derived and used to impute monthly Class prices from January 1991 to March 2003, when current formulas became effective. Between 1991 and 1995, formulas yielded higher Class I prices and lower Class II and Class III prices than prices actually experienced. Differences between actual and imputed prices narrowed in later years. A measure of minimum producer blend prices showed that, in the 13 years prior to adoption of the current product price formulas, average actual and imputed prices were almost identical.

    Cranberry Price Forecasting

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    In 2000, rapidly-falling grower prices for cranberries led the cranberry industry to seriously consider invoking its federal marketing order for the first time since the early 1970s. The Cranberry Marketing Order permits volume control through producer allotments (grower delivery quotas) or handler withholding (processor set-asides). Possible deployment of volume controls motivated interest in the probable price effects, in particular, what level of production (given inventories and projected imports) would yield an acceptable grower price. As the public member of the Cranberry Marketing Committee and as the Committee's ad hoc staff economist, I agreed to develop a price forecasting model to shed light on this question.

    Forecasting Class III and Class IV Milk Prices

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    Despite the growing volume, trading in milk remains small in comparison to grain and livestock. Part of the reason for limited trading volume is that dairy futures trading is very new compared to grain and livestock trading. There is less experience with risk management strategies and a much smaller research base with respect to basis relationships and price forecasting. Dairy farmers are still "feeling their way." The purpose of this study is to provide a systematic, user-friendly method for forecasting Class III and Class IV prices. The user is allowed to vary regional milk production and stocks of manufactured dairy products to evaluate the sensitivity of point estimates. A sequential process is developed to predict Class III milk prices up to 12 months in advance using widely-published outlook data as predictor variables. The first stage involves deriving monthly U.S. milk supply forecasts using trend extrapolations for regional milk cow numbers and milk production per cow. Users may modify trend values based on personal expectations. In the second stage, the projected monthly U.S. milk supply is allocated to Class III and Class IV manufactured products (butter, cheddar cheese, nonfat dry milk, and dry whey). Underlying these forecasts is a set of econometric relationships that estimate production of the manufactured products based on total milk production and other variables.

    Junior Design: Automatic Page Turner

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    This project details the design and build process of an automatic pageturner. The primary goal of this project is to design and manufacture a product that not only has an efficient operation, but is easy to use for people with disabilities and minimal assistance. The device will consist of a mechanical structure to support the book, an electrical system to facilitate the turning of pages in both directions, and additional features to support comfort and readability, such as LED reading lights

    A Community Ice Sheet Model for Sea Level Prediction

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    Summary of a workshop that was held at Los Alamos National Laboratory, New Mexico, 18-20 August 2008, whose primary goal was to create a detailed plan for developing, testing, and implementing a Community Ice Sheet Model (CISM) to aid in predicting sea level rise

    Dairy Outlook: 1986-1990 (Alternatives, Prices, Expenses, Receipts)

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    Stories of hope created together: A pilot, school-based workshop for sharing eco-emotions and creating an actively hopeful vision of the future

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    The climate and ecological crises challenge all communities across the world, with the greatest impact upon the most vulnerable and the youngest. There are multiple impacts on mental health, including the psychological burdens that arise with increasing awareness of the loss, threat and injustice caused by these crises. Large numbers of young people globally are understandably concerned and distressed about these crises, whilst simultaneously reporting that their concerns are regularly dismissed and ignored, particularly by those in power. This can increase feelings of isolation and distress, particularly if they have no recourse to effect change. This pilot project sought to explore how a schools-based, co-created workshop for school pupils aged 16 to 18 years could use a community-oriented space to explore their eco-emotions, address feelings of isolation and engender a sense of realistic, active hope, using storytelling and images of possible futures. A 3-h workshop for delivery in schools was co-designed with young people, researchers, educators and clinicians, using principles of Youth Participatory Action Research (YPAR). Six school pupils aged 16–18 years consented and four completed the workshop, which involved a range of group-based activities to explore their understanding of the climate and ecological crises, support emotional expression related to these and engage in storytelling about hopeful and realistic futures. A live illustrator in attendance created shared images of the participants’ fears and hopes. The workshop was recorded, transcribed and analysed using Thematic Analysis and sentiment analysis. Feedback was sought from participants at 1 and 4 weeks after completion and analysed using content analysis. Results indicated that participants reported a range of painful and positive emotions about the crises. They highly valued having space to express their experience alongside others. Storytelling and creativity appeared to help them articulate their feelings and hopes for the future, and gave them greater motivation and confidence in talking to others about these topics. This innovative pilot study suggests that a school-based youth participatory group could offer a novel way of helping young people to engage more with the climate and ecological crises in a way that supports their wellbeing. It provides strong support for future, larger-scale projects in this area

    The Grizzly, February 2, 1993

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    Cowboys Tame Buffalo, 52-17 • Upsilon Phi Delta Approved • AIDS Quilt • Al Eaton\u27s We Are the Dream • Day For a King • Power Plays • Bernie Bernie Headflap Wins Battle of the Bands • Lorelei at Chateau Granieri • Ice Skating Fun • The Case of the Disappearing Sevs (Or: Why Collegeville\u27s Most Famous Convenient Mart Upped & Left) • Senior Profile: Chris Kakacek • The New Zack\u27s: Why Hike to WaWa? • What\u27s Up in Wellness • Character was an Issue, Again • The Importance of Effort and A Dream • UC Baseball Preview \u2793 • Gymnasts Hoping For Powerful Season • Lady Bears Make Playoffs • Swimmers Working Hard • Football Awards Banquet Held • Wrestlers Continue Excellence • Men\u27s Basketball Split Twohttps://digitalcommons.ursinus.edu/grizzlynews/1308/thumbnail.jp
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