Agricultural and Applied Economics
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Understanding the concept of basis is a key element in developing a sound marketing plan. Basis refers to the relationship between a commodity’s cash price in a local market and its futures market price. A more formal definition of basis is the difference between the cash price and the futures price for the time, place and quality where delivery actually occurs. Even if a producer never uses the commodity futures market directly, knowledge of the basis can be of great value when making marketing decisions.
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One of the greatest risks cattle producers face is price risk. Price changes can come in the form of declining cattle prices for sellers, increasing cattle prices for buyers or increasing feed prices for feed users. Because of this risk, producers might want to “insure” feeder cattle, fed cattle or feed against unfavorable price movements, while still being able to take advantage of favorable price movements. Cattlemen have this opportunity by using the commodity options market.
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In today’s farming environment of extreme price volatility and large debt commitments, most livestock producers need the security of one or more of the advantages offered by price risk management. Livestock producers who are selling products or purchasing inputs can do one of two things when making pricing decisions: accept the market price when they are ready to deliver products or purchase inputs, or reduce input and product price risks by using price risk management tools. One of these price risk management opportunities is available through futures markets contracts. This publication explains how livestock producers can use futures markets to manage price risk.
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This publication contains a report of research trials done on vegetable crops in Georgia in 2013.
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This is an in-depth publication covering Culture and Varieties,
Soils and Fertility, Irrigation, Sprayers, Diseases, Insect Management, Weed Control, Food Safety and Sanitation, Harvest/Post-Harvest and Waste Management, Marketing, Production Costs, and Organic Production of commercial snap bean production in Georgia.|
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Both rabbiteye and highbush blueberries are produced
in Georgia. The plants can produce a commercially viable
crop for years. The long-term nature of the investment in
the blueberry orchard calls for periodic updates on the
situation of the blueberry industry. Information about the
location of plants, varieties, plant age, and the use of cultural
practices are important in decisions to allocate
resources. This report provides insights otherwise unavailable
to the industry yet of important practical
consequences. An overview of the Georgia blueberry
industry helps to shape the production and marketing
strategies that extend beyond the state boundaries. The
major portion of the annual crop is shipped to markets
outside the region. Furthermore, the increasing value of
blueberry plants implies that any damage to the commercial
blueberry industry has financial implications for
growers and shippers. Summaries included in this report
help in accurate assessment of potential economic losses
from damages to blueberry plants and the feasibility of
programs protecting the value represented by orchards.|
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B 722
Georgia Farm Record Book
This publication is intended to provide you with a useful aid in the business management of your farming operation. Spaces is provided for recording farm receipts and expenses, capital transactions, inventories, credit accounts, net worth statements, crop records, and individual labor records for Social Security purposes.
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The Dairy Business Analysis Project was initiated in 1996 to measure and document the financial performance of Florida dairy businesses using standardized accounting measures, so uniform comparisons could be made among participants. Formal collaboration between the Universities of Florida and Georgia began in 1998. This publication presents the results from fiscal year 1999 information.
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This publication provides a guide to the various forage systems that could be used for stocker development and provides guidelines for managing grazing or hay harvests for optimum forage yield and quality.
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