Cory Walters - Academia.edu (original) (raw)

Papers by Cory Walters

DOAJ (DOAJ: Directory of Open Access Journals), Nov 1, 2011

The objective of this study is to identify which farm or farmer characteristics explain tenants' ... more The objective of this study is to identify which farm or farmer characteristics explain tenants' perceptions of whether landlords are supportive or not of no-till farming and to describe landlords' attitudes towards tenants switching to notill on their land. Results indicate that size of farm, percentage of the farm in wheat, and having a cash lease were found to be the most significant variables influencing farmers' perceptions about landlords' disposition toward no-till or more intensive spring cropping. The first two were negatively correlated and the last was positively correlated. Overall, farmers appeared to be more pessimistic regarding landlords' acceptance of no-till than were landlords themselves.

Agricultural Economics, May 9, 2020

We examine how competition among crop insurance agents affects coverage choice in the federal cro... more We examine how competition among crop insurance agents affects coverage choice in the federal crop insurance program. Agents may influence producers' insurance decisions to maximize their total compensation. We develop a theoretical model of producer-agent interaction to examine how loss potential, agent compensation mechanisms, and market competition affect the coverage level selected. Using crop insurance unit-level datasets from five states, we find evidence that agent market concentration and agents' market share matter in the insurance coverage decisions of producers but that the economic significance of the influence is relatively small. Agent influence over coverage level, premium, and liability choice is generally positive but inconsistent across states, which may be attributable to differences in loss risk and agent compensation mechanisms.

Year Min 5 Year Max 4-Jan 12.87 * Basis tables and charts may contain rounding errors. Farm and R... more Year Min 5 Year Max 4-Jan 12.87 * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 845 Nebraska Cash Soybean Prices and Basis Patterns * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC Nebraska Cash Soybean Prices and Basis Patterns

Journal of extension, Oct 1, 2018

This article describes a novel grain marketing simulation game called Marketing in a New Era (MIN... more This article describes a novel grain marketing simulation game called Marketing in a New Era (MINE) that was developed for use in Extension producer meetings and other educational settings. Key benefits of MINE are that users can personalize the game's marketing simulation environment by incorporating information specific to their operations or regions, users receive immediate feedback about their marketing simulation performance, and users can engage in numerous marketing simulations within a short time period.

Agricultural Finance Review, May 14, 2018

2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia, 2018

Producers face revenue risk from uncertain harvest yields and prices at the beginning of each agr... more Producers face revenue risk from uncertain harvest yields and prices at the beginning of each agricultural cycle. The federal government offers subsidized crop insurance to assist in managing these risks. Growth in the federal crop insurance program has substantially altered the context in which producers manage risk, resulting in a large body of research centered on asymmetric information. In this article, we empirically examine the impact of two specific farm characteristics: farm size and insured type on returns from crop insurance participation. Specifically, we evaluate whether larger farmers are riskier than smaller farmers and whether farmers are riskier than landlords. We employ the IV panel data model on a highly detailed unitlevel crop insurance dataset obtained from the United States Department of Agriculture's (USDA) Risk Management Agency (RMA) on four states: Iowa, Nebraska, Montana and Oklahoma. Our results indicate that crop insurance returns differ by farm size in Iowa, Nebraska and Oklahoma, and by insured type in Montana, Nebraska and Oklahoma. 10 A few producers operated in multiple counties but not always in the same year and were dropped from the analysis.

RePEc: Research Papers in Economics, 2015

RePEc: Research Papers in Economics, 2013

RePEc: Research Papers in Economics, 2015

RePEc: Research Papers in Economics, 2010

RePEc: Research Papers in Economics, 2011

Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and... more Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 846 Nebraska Cash Corn Prices and Basis Patterns * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 846 Nebraska Cash Corn Prices and Basis Patterns * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 846 Nebraska Cash Corn Prices and Basis Patterns

Agronomy Journal, Mar 1, 2017

A 3-yr study was conducted to address agronomic considerations and economic feasibility for the l... more A 3-yr study was conducted to address agronomic considerations and economic feasibility for the legal right for Nebraska farmers to plant saved seed of Roundup Ready (RR1) (Monsanto Company, St. Louis, MO) soybean [Glycine max (L). Merr.] varieties rather than purchasing commercial Genuity (Monsanto Company, St. Louis, MO) Round Ready 2 Yield (to be referred to as RR2Y throughout the rest of the manuscript) seed. We hypothesized that net income from producing saved RR1 seed would be greater than for RR2Y seed when yield and cost diff erentials related to seed source, storing and cleaning seed were considered. Commercial RR1 and RR2Y seed in 2012, and saved RR1 and commercial RR2Y soybean seed in 2013 and 2014 produced no diff erences in average yields, bulk densities, and percent lodging. Plant population diff erences at harvest were present across years, but saved RR1 and commercial RR2Y seed plant populations were similar, and did not infl uence soybean yield. Saved RR1 seed had similar purity, germination, and vigor compared to seed tag information for commercial RR2Y seed. Gross returns to saving seed eff orts were estimated to be between US$66.15 and $85.27 ha-1 over commercial RR2Y seed. If producers can obtain approval for use of competitively yielding public or private RR1 soybean variety seed and put in the extra eff ort required to produce, handle, clean, and save seed, a substantial increase in net income is possible by planting saved RR1 seed rather than purchasing commercial RR2Y seed. Producers will need to learn about the relative costs and benefi ts of saved RR1 and commercial RRY2 seed to make an informed decision.

DOAJ (DOAJ: Directory of Open Access Journals), Nov 1, 2011

The objective of this study is to identify which farm or farmer characteristics explain tenants' ... more The objective of this study is to identify which farm or farmer characteristics explain tenants' perceptions of whether landlords are supportive or not of no-till farming and to describe landlords' attitudes towards tenants switching to notill on their land. Results indicate that size of farm, percentage of the farm in wheat, and having a cash lease were found to be the most significant variables influencing farmers' perceptions about landlords' disposition toward no-till or more intensive spring cropping. The first two were negatively correlated and the last was positively correlated. Overall, farmers appeared to be more pessimistic regarding landlords' acceptance of no-till than were landlords themselves.

Agricultural Economics, May 9, 2020

We examine how competition among crop insurance agents affects coverage choice in the federal cro... more We examine how competition among crop insurance agents affects coverage choice in the federal crop insurance program. Agents may influence producers' insurance decisions to maximize their total compensation. We develop a theoretical model of producer-agent interaction to examine how loss potential, agent compensation mechanisms, and market competition affect the coverage level selected. Using crop insurance unit-level datasets from five states, we find evidence that agent market concentration and agents' market share matter in the insurance coverage decisions of producers but that the economic significance of the influence is relatively small. Agent influence over coverage level, premium, and liability choice is generally positive but inconsistent across states, which may be attributable to differences in loss risk and agent compensation mechanisms.

Year Min 5 Year Max 4-Jan 12.87 * Basis tables and charts may contain rounding errors. Farm and R... more Year Min 5 Year Max 4-Jan 12.87 * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 845 Nebraska Cash Soybean Prices and Basis Patterns * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC Nebraska Cash Soybean Prices and Basis Patterns

Journal of extension, Oct 1, 2018

This article describes a novel grain marketing simulation game called Marketing in a New Era (MIN... more This article describes a novel grain marketing simulation game called Marketing in a New Era (MINE) that was developed for use in Extension producer meetings and other educational settings. Key benefits of MINE are that users can personalize the game's marketing simulation environment by incorporating information specific to their operations or regions, users receive immediate feedback about their marketing simulation performance, and users can engage in numerous marketing simulations within a short time period.

Agricultural Finance Review, May 14, 2018

2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia, 2018

Producers face revenue risk from uncertain harvest yields and prices at the beginning of each agr... more Producers face revenue risk from uncertain harvest yields and prices at the beginning of each agricultural cycle. The federal government offers subsidized crop insurance to assist in managing these risks. Growth in the federal crop insurance program has substantially altered the context in which producers manage risk, resulting in a large body of research centered on asymmetric information. In this article, we empirically examine the impact of two specific farm characteristics: farm size and insured type on returns from crop insurance participation. Specifically, we evaluate whether larger farmers are riskier than smaller farmers and whether farmers are riskier than landlords. We employ the IV panel data model on a highly detailed unitlevel crop insurance dataset obtained from the United States Department of Agriculture's (USDA) Risk Management Agency (RMA) on four states: Iowa, Nebraska, Montana and Oklahoma. Our results indicate that crop insurance returns differ by farm size in Iowa, Nebraska and Oklahoma, and by insured type in Montana, Nebraska and Oklahoma. 10 A few producers operated in multiple counties but not always in the same year and were dropped from the analysis.

RePEc: Research Papers in Economics, 2015

RePEc: Research Papers in Economics, 2013

RePEc: Research Papers in Economics, 2015

RePEc: Research Papers in Economics, 2010

RePEc: Research Papers in Economics, 2011

Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and... more Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 846 Nebraska Cash Corn Prices and Basis Patterns * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 846 Nebraska Cash Corn Prices and Basis Patterns * Basis tables and charts may contain rounding errors. Farm and Ranch Management Updated Tables and Figures for EC 846 Nebraska Cash Corn Prices and Basis Patterns

Agronomy Journal, Mar 1, 2017

A 3-yr study was conducted to address agronomic considerations and economic feasibility for the l... more A 3-yr study was conducted to address agronomic considerations and economic feasibility for the legal right for Nebraska farmers to plant saved seed of Roundup Ready (RR1) (Monsanto Company, St. Louis, MO) soybean [Glycine max (L). Merr.] varieties rather than purchasing commercial Genuity (Monsanto Company, St. Louis, MO) Round Ready 2 Yield (to be referred to as RR2Y throughout the rest of the manuscript) seed. We hypothesized that net income from producing saved RR1 seed would be greater than for RR2Y seed when yield and cost diff erentials related to seed source, storing and cleaning seed were considered. Commercial RR1 and RR2Y seed in 2012, and saved RR1 and commercial RR2Y soybean seed in 2013 and 2014 produced no diff erences in average yields, bulk densities, and percent lodging. Plant population diff erences at harvest were present across years, but saved RR1 and commercial RR2Y seed plant populations were similar, and did not infl uence soybean yield. Saved RR1 seed had similar purity, germination, and vigor compared to seed tag information for commercial RR2Y seed. Gross returns to saving seed eff orts were estimated to be between US$66.15 and $85.27 ha-1 over commercial RR2Y seed. If producers can obtain approval for use of competitively yielding public or private RR1 soybean variety seed and put in the extra eff ort required to produce, handle, clean, and save seed, a substantial increase in net income is possible by planting saved RR1 seed rather than purchasing commercial RR2Y seed. Producers will need to learn about the relative costs and benefi ts of saved RR1 and commercial RRY2 seed to make an informed decision.