Curtis, Kynda R.

By: Drugova, Tatiana; Pozo, Veronica F.; Curtis, Kynda R.; Fortenbery, T. Randall
We compare the volatility of organic wheat prices to that of conventional wheat prices using historical measures. To reduce uncertainty, we examine the possibility of cross hedging using conventional wheat futures and the ability of futures to forecast the organic premium. Results provide evidence that conventional futures can be used to cross hedge organic wheat price risk, but results depend on the method used to impute the missing values. We also find a long-run equilibrium relationship between organic wheat prices and conventional wheat futures prices. Finally, futures prices contain some information useful in predicting organic prices in the short run.
By: Jablonski, Becca B.R.; McFadden, Dawn Thilmany; Sullins, Martha; Curtis, Kynda R.
This research explores the determinants of effective beginning farmer programming and implications for emerging and established programs. We use responses from 100 interviews with participants in the Building Farmers in the West Program, one of the longest-standing beginning farmer training programs in the United States, to understand how key course principles predict improved farm profitability. Results show that specific production changes after taking the course—including the number of cultivated varieties (negative), number of farm enterprises (positive), and length of production season (positive)—are correlated with improved farm profitability. We make recommendations for future beginning farmer programming based on these results.
By: Curtis, Kynda R.; Cowee, Margaret W.
This study investigates the value of local origin-labeling for a nonfood product by evaluating Nevada homeowner purchase propensity for “NevadaGrown” native plants for water-conserving residential landscaping. Homeowner survey results illustrate that homeowners may be willing to pay as much as a 14% premium for origin-certified native plants. WTP estimates are higher when uncertain responses are incorporated into the bidding structure. Preferences for local production and drought resistance in plants are the primary drivers of purchasing decisions in the absence of uncertain responses, while income levels and preferences for natural plant appearance additionally affect purchasing decisions when uncertainty is incorporated.