Getu Hailu

Analysis of production efficiency of beef cow/calf farms in Alberta

This article measures production efficiency across cow–calf farms in Alberta, and examines the sources of variation in efficiency. Average technical, allocative and economic efficiencies are, respectively, 83%, 78% and 67%. Biological efficiency (increased conception, calving and weaning rates), larger herd size, higher share of family labour and greater expense for bedding material reduce inefficiency. Inefficiency was also related to receipt of government subsidies.

Capital structure, firm size, and efficiency: the case of farm petroleum and animal feed co-operatives in Canada

This paper examines the cost structure and cost efficiency for an unbalanced sample of 42 animal feed and 115 farm petroleum co‐operatives in Canada over the period 1984‐2001 using heterogeneous technology stochastic frontier models. The parameter estimates of the cost frontier and the resulting cost efficiency scores indicate there are statistically and economically significant cost inefficiencies. Further analysis revealed that financial structure and firm size have likely contributed to variations in cost efficiency. Obtaining sufficient equity capital is expected to improve co‐operative efficiency

Efficiency, Economic Performance and Financial Leverage of Agribusiness Marketing Co-operatives in Canada

The agribusiness co-operative sector in Canada has been affected by ongoing changes in economic, political, and social policies. Increased competition from local investor-owned firms and multinational companies, deregulation and globalization of trade and increased concentration of suppliers and purchasers have put tremendous competitive pressure on agribusiness marketing co-operatives. The enhanced level of competitive rivalry may force co-operatives into lowering costs and prices. Improvement in cost or operating efficiency of agribusiness marketing co-operatives may be crucial as changes in regulation, technology, and other market developments bring into question the long-term viability of co-operative businesses. Therefore, information as to the efficiency with which agribusiness co-operative firms operate would be useful.

Improving sustainability of beef industry supply chains

Purpose – The purpose of this paper is to evaluate cow-calf producer incentive to adopt innovations in traits with important environmental and economic implications for the beef supply chain. Design/methodology/approach – A whole farm multi-year farm optimization model that tracks changes in discounted net returns and methane emissions from the use of newer DNA-related technologies to breed for feed efficient cattle is developed. The analysis is situated within the context of whole beef cattle supply chain. This allows for the derivation of the entire value and environmental impact of the innovation, and the decomposition of value by different participants. The impact of different policies that can stimulate producer uptake and the diffusion of the innovation is also addressed. Findings – The results of the study showed that whilst the use of the breeding technology yielded positive economic and environmental benefits to all producers in the supply chain, primary adopters were unlikely to adopt. This pape...

Empirical analysis of corn and soybean basis in Canada

The article examines the factors affecting the basis for corn and soybeans using several time-series techniques to account for potential structural breaks, seasonality, residual serial correlation and structural breaks, as well as potential endogeneity and nonstationarity. The spatio-temporal empirical framework is based on storage and trade theories which assume the relationship between nondelivery location’s spot price and futures price of a storable commodity depends on opportunity cost of capital, warehousing costs, a convenience yield and shipping costs. The interest rate effect is strong for both crops with shipping costs also affecting soybean basis and own inventory levels positively correlated with corn basis. The effect of the wedge between the price of carrying physical grain and the maximum storage rate on basis is positive for both crops. The empirical results, which are robust to multiple estimators, provide stronger evidence of a structural break for the soybean basis than for the corn basis.

Conserving Biodiversity in Farm Animals: Do Farmer and Public Biodiversity Knowledge and Awareness Matter?

ABSTRACT Increases in biodiversity losses are a growing concern globally. In farm animals, related concerns about losses in genetic diversity have potentially increased with the emergence of breeding technologies that allow for faster genetic change in herds. Farmer and public acceptance of specific breeding practices can be influenced by a number of factors, including concerns about biodiversity and knowledge of biodiversity. The link between these factors and acceptance of new genetic technologies, if it exists, may help explain concerns about genetic technologies. This article examines the effect of attitudes and knowledge about biodiversity on the acceptance of genomic selection in livestock production using farmer and public survey data from Canada. Our results suggest that the link between biodiversity concerns and the acceptance of genomic selection is more robust for the public than for farmers. We also find that biodiversity knowledge and attitudes have opposite effects on acceptance of genomic selection.