1,477 research outputs found

    AGRICULTURE IN CANADA: WHO WILL GROW THE FOOD?

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    Key issues in the current agricultural debate include the future of family farms, levels of government support for farms, the roles of marketing institutions and the effect of new trade arrangements. In part, these issues have arisen because of recent price volatility, but the agricultural debate has also raised basic questions: Can farming in Canada survive, and if so, what will the new farms look like? The future of farming is approached through evidence on land values and assessments of alternative land use. The future structure of farms is approached through a review of farm size, location and product mix. Farm sizes are increasingly bi-modal, with small farms relatively insulated from farm markets, and large specialized farms dependent on the market for a narrow range of commodities. Policy changes influencing product mix or regional specialization are also reviewed. About one-half of farm output in Canada now comes from the prairie region of Canada. Open trading relationships and subsidy changes are further modifying the regional location of farming. Changes in marketing board arrangements and withering of prime farmland restrictions will lead to further shifts. The following appear to be key factors in assessing future directions for farming and farm structure: For small farms, numbers are not declining, but these operations contribute relatively little to farm output. For commercial farms, technology and scale factors are leading to larger sizes and increasing specialization. Specialization is expected to occur regionally as well as within farms, and the prairie provinces are likely to become an increasingly important part of Canadian agriculture. The sizes of commercial farms are such that few farms will be financed by single families, and the balance sheets as well as the management structures of new commercial farms will increasingly mirror those in the non-farm economy.Food Security and Poverty,

    BUYER PREFERENCES FOR DURUM WHEAT: A STATED PREFERENCE APPROACH

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    The central issue addressed in this paper is the attributes preferred by a sample of buyers of durum wheat grown in Canada. Primary emphasis is the value placed on certain visual and nonvisual attributes by US buyers of durum wheat. In addition, a source variable in the analysis is used to test preferences of US buyers for US-source compared to Canadian-source durum. The latter is a method to test whether durum millers in the US believe that Canadian durum is a superior product, a view widely-held in the Canadian grain trade. Results indicate that higher bushel weight has a positive effect on purchase probability, and appears to be more important to buyers' purchasing decision than protein content, amylase content, or the choice between no. 1 and no. 2 grade. US millers in the study are shown either a) to prefer US-grown durum over that from Canada, or b) to dislike the single desk seller arrangement involved in purchasing Canadian durum. It appears that US managers who grow or market durum wheat have a competitive edge over their Canadian competitors when marketing to US-based durum users.Crop Production/Industries, Demand and Price Analysis,

    SUPPLY CHAIN COMPETENCY: RECIPE FOR CEREAL AND LIVESTOCK MARKETING IN ALBERTA?

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    This study examines the nature of Supply Chain Management (SCM) in the Canadian barley industry, economic theories related to SCM, identifies SCM drivers and reviews the Canadian barley marketing system. Two surveys were conducted; one on the feed barley segment of the market; another on the malt barley segment of the market. These surveys provide an outline of the attributes sought by buyers of feed barley in Alberta and by buyers of malt barley in Canada and the United States. A further goal of these surveys was to assess the extent of motivations for SCM in the barley supply chain. Study methods include scaling, factor analysis and stated preference techniques to analyze purchasers' preferences for specific product attributes, business relationships and product source. The major attributes of feed barley sought by Alberta feed manufacturers appear to be physical characteristics such as moisture level, absence of foreign material, high bushel weight and uniform appearance of kernels. Features identified as of moderate importance included levels of certain key amino acids, starch level in the barley sample, as well as such seller characteristics as whether the seller was personally known to the buyer, and willingness of the seller to enter into a long-term supply contract. At the level of the Alberta feed mill industry, results therefore indicate that physical, readily identifiable attributes dominate in the selection of feed barley. As a result, the study identified that SCM is not yet a part of the awareness of barley buyers at feed mills. Among buyers of malt barley, physical or easily assessed attributes such as size of kernel, germination percentage, variety and location where produced ranked highly in a factor analysis as important to malt barley buyers. While results from the sample of Canadian and US buyers did not indicate strong potential for SCM in the malt barley sector, the study found there to be differences in attributes desired by US versus Canadian malt purchasers. Main differences were the concern of US buyers with the region where the barley was grown, and the apparently much higher willingness of US buyers to obtain their malt barley from more than one source. These differences may suggest a potential for SCM in malt barley focused on procuring supplies from regions identified as preferred locations for barley used in malt production.Industrial Organization,

    Going to See Dave

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    Effect of Nitrogen Fertilizer Dose and Application Timing on Yield and Nitrogen Use Efficiency of Irrigated Hybrid Rice under Semi-Arid Conditions

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    Nitrogen fertilizer is the major input in rice production and the optimum rate and application timing management assure profitability and sustainability of the production system. This study aims to investigate hybrid rice response to different nitrogen fertilizer levels and the timing of application and quantify hybrid rice nitrogen use efficiency. Field experiments were conducted during the dry and the wet seasons 2016 at the research station of Africa Rice at Ndiaye in Senegal. Six nitrogen rates (0, 60, 90, 120, 150 and 180 kg N/ha) and three hybrid rice varieties (AR031H, AR032H, AR033H) and one inbred variety (Sahel108) and two nitrogen fertilizer application timings (three split and four split) were combined within a split-split plot design. The results showed significant effect of nitrogen rate and timing on rice grain yield that varied from 4.10 to 11.58 tons/ha and most the yield components. Rice grain yield exhibited curvilinear relationship with the applied nitrogen rates during the dry season under both nitrogen application timings and a linear relationship during the wet season under three splits. Nitrogen rate of 150 kg/ha was revealed optimum with best performance achieved by the Hybrid rice AR033H. Hybrid rice genotypes achieved greater nitrogen use efficiency compared to the inbred rice Sahel108. Hence, hybrid rice genotypes, and nitrogen rate of 150 kg/ha applied in four splits could be recommended to improve rice production and food security for achieving self-sufficiency in rice as targeted by Senegal and the neighboring countries

    Control Preference and Financial Attributes: Founders as CEOs in Small, Publicly Traded Firms

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    Existing theories of the firm are silent with respect to cross-sectional differences in performance or characteristics of firms attributable to different types of managers. We hypothesize that the investment, financing and dividend decisions of founders differ systematically from those of nonfounder managers as a result of 1) founders valuing control more highly than do nonfounders, a condition we refer to as the control retention effect, and 2) founders being associated with younger, faster growing firms, a condition we label the life cycle effect. Our findings are that both effects are at work, but in different decision areas. No evidence is found that founders exploit their status to extract higher direct compensation
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