rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Factors Affecting Cotton Producers' Choice of Marketing Outlet
  name:
    name part: Pace, Jason Dean
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Robinson, John R. C. (John Robert Calvert)
    name part: 1962-
    role:
      role term: thesis advisor.
  name:
    name part: Texas A & M University
    role:
      role term: degree granting institution.
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: txu
    date issued: 2013
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource.
  abstract: In recent years, changes in government policies, supply and demand fundamentals and price patterns in the cotton market have led to several shifts in how producers market their cotton. This thesis examined producer cash marketing choices, including direct and indirect hedging, in four different periods since 2001. Special emphasis was placed on the 2010 season -- a season characterized by historically high prices and volatility. Producer marketing behavior was modeled as a discrete choice between four different cash market outlets: forward contracting with a merchant, post-harvest cash contracting, contracting with a merchant pool and contracting with a cooperative pool. Hedging was characterized as a tool that was used in conjunction with one of the four discrete choices. This thesis employed multinomial logit estimation to determine the influence of factors on producers' choice of primary cash marketing decisions. Data were collected from a mail survey of the population of cotton growers in Texas, Oklahoma and Kansas. The most important determinants of cotton cash marketing choices were 1) prior participation in cooperative pools, beliefs about the value of pre-harvest pricing, beliefs about the performance of merchant pools, willingness to accept lower prices to reduce risk, and several socio-economic variables. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/148089
  note: by Jason Dean Pace.
  note: "Major Subject: Agricultural Economics"
  note: Includes vita.
  note: Master of Science Texas A & M University 2012 http://hdl.handle.net/1969.1/148089
  note: Includes bibliographical references.
  note: Text (Thesis)
  subject:
    topic: Major Agricultural Economics
  subject:
    topic: multinomial logistic regression
  subject:
    topic: grower marketing choices
  subject:
    topic: cotton marketing
  identifier: http://hdl.handle.net/1969.1/148089
  record info:
    record content source: TXA
    record creation date: 131218
    record change date: 20151206090649.0
    record identifier: in00003342971
    language of cataloging:
      language term: eng