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Large Scale Closed Cooperative Swine Production Under Uncertainty

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  • Poray, Michael C.
  • Ginder, Roger

Abstract

We evaluate returns from establishing closed (defined membership) cooperatives owned by grain producers to produce hogs in Iowa. Using a computer simulated production model incorporating biological factors and statistical techniques we model uncertainty of production and market environment Using ,a MOTAD model, an efficient Expected Income-Mean Absolute Income Deviation (E-A) frontier is developed for the proposed closed swine production cooperatives.

Suggested Citation

  • Poray, Michael C. & Ginder, Roger, 1997. "Large Scale Closed Cooperative Swine Production Under Uncertainty," ISU General Staff Papers 199701010800001299, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:199701010800001299
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    References listed on IDEAS

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    1. Anderson, Jock R. & Dillon, John L. & Hardaker, Brian, 1977. "Agricultural Decision Analysis," Monographs: Applied Economics, AgEcon Search, number 288652, November.
    2. Junge, Katie A. & Ginder, Roger G., 1986. "Effects of Federal Taxes on Member Cash Flows From Patronage Refunds," Journal of Agricultural Cooperation, National Council of Farmer Cooperatives, vol. 1, pages 1-16.
    3. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(4), pages 664-665.
    4. Junge, Katie A. & Ginder, Roger, 1986. "Effects of Federal Taxes on Member Cash Flow Patronage Refunds," Staff General Research Papers Archive 11479, Iowa State University, Department of Economics.
    5. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(1), pages 53-62.
    6. Loren W. Tauer, 1983. "Target MOTAD," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(3), pages 606-610.
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    Cited by:

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