UTIA Seeks to Improve Price Discovery and Market Transparency in Hay Markets
Project Summary: A team of researchers from the University of Tennessee Institute of Agriculture is launching a study to improve price discovery and market transparency in hay markets. These improvements will help create a more efficient market and provide valuable information that benefits buyers and sellers of hay. this project will result in buyers and sellers using information such as bale weight and nutritive assessment to determine the value of hay rather than relying solely on visual attributes.
Funded by USDA AMS
UTIA Receives Grant to Analyze and Develop Price Risk Management Tools
Project Summary: Beef cattle producers are all too familiar with economic losses stemming from uncontrollable events such as drought and disease; however, losses due to rapid price declines have historically been the primary source of economic losses for U.S. cattle producers. While studies have shown price risk management tools can be effective in reducing price-decline losses, these tools are seldom used, especially by producers with small- and medium-sized operations. In response a team of AREC researchers has been awarded a $650,000 grant to explore innovative price risk management tools and ultimately help producers make informed and effective risk management decisions.
Funded by USDA NIFA
Meet the Researchers
