Producer Expectations and the Extensive Margin in Grain Supply Response David Boussios and Andrew Barkley

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Producer Expectations and the Extensive Margin in Grain Supply Response David Boussios and Andrew Barkley Regional Competitiveness in Fresh Produce Markets: Exploring Seasonal Dynamics and the Role of Energy Costs in Apple Markets Wenjing Hu, Dawn Thilmany McFadden, and Dustin L. Pendell Assessing Performance Impacts in Food Retail Distribution Systems: A Stochastic Frontier Model Correcting for Sample Selection Timothy A. Park The Impact of Pasture Insurance on Farmland Values Jennifer Ifft, Shang Wu, and Todd Kuethe Cost Efficiency of Dairy Farming in New Zealand: A Stochastic Frontier Analysis Nan Jiang and Basil Sharp Using Former Farmland for Biomass Crops: Massachusetts Landowner Motivations and Willingness to Plant David Timmons Weather Index Insurance and Common Property Resources Haimanti Bhattacharya and Daniel E. Osgood Direct Payments, Cash Rents, Land Values, and the Effects of Imputation in U.S. Farm-level Data Michael W. Robbins and T. Kirk White Consequentiality and Opt-out Responses in Stated Preference Surveys Joonghyun Hwang, Daniel R. Petrolia, and Matthew G. Interis Published by the Northeastern Agricultural and Resource Economics Association Volume Number 43 / 3 December 2014

Agricultural and Resource Economics Review (ISSN 1068-2805) is the official publication of the Northeastern Agricultural and Resource Economics Association (NAREA). The purpose of the Review is to foster and disseminate professional thought and literature relating to the economics of agriculture, natural resources, and community development. It is the editorial policy of the ARER to encourage manuscript submission without regard to author affiliation and/ or location. The ARER is published three times a year. In addition to normal refereed articles, it also publishes invited papers presented at the annual meetings of the NAREA as well as abstracts of selected papers presented at those meetings. It periodically calls for articles written on a specific topic. Membership in the NAREA is open to all persons having an interest in agricultural and resource economics. Membership dues include a subscription to the Review and are $25 per year for regular membership and $10 per year for students. The single-copy price is $15 per issue. The library (or institutional) subscription price is $125 per year. Address all manuscripts and editorial material to Dr. Arnab Basu, Managing Editor. Dr. Arnab Basu Charles H. Dyson School of Applied Economics and Management Ithaca, NY 14850 USA Email: arnab.basu@cornell.edu Please see inside back cover for submission instructions. Address requests for membership, subscriptions, and changes of address to: Dr. Douglas E. Morris NAREA Secretary-Treasurer Department of Natural Resources and the Environment G68 James Hall 56 College Road University of New Hampshire Durham, NH 03824-2601 e-mail: dr.doug@unh.edu Copyright 2014 by the Northeastern Agricultural and Resource Economics Association. No article or other material appearing in the Agricultural and Resource Economics Review may be republished in full or in part without the written permission of the editor or the NAREA Secretary-Treasurer. PUBLISHED BY THE NORTHEASTERN AGRICULTURAL AND RESOURCE ECONOMICS ASSOCIATION PRINTED BY SHERIDAN PRESS, INC., HANOVER, PENNSYLVANIA

AGRICULTURAL AND RESOURCE ECONOMICS REVIEW Volume 43 / Number 3 December 2014 Contents Producer Expectations and the Extensive Margin in Grain Supply Response David Boussios and Andrew Barkley...335 Regional Competitiveness in Fresh Produce Markets: Exploring Seasonal Dynamics and the Role of Energy Costs in Apple Markets Wenjing Hu, Dawn Thilmany McFadden, and Dustin L. Pendell...357 Assessing Performance Impacts in Food Retail Distribution Systems: A Stochastic Frontier Model Correcting for Sample Selection Timothy A. Park...373 The Impact of Pasture Insurance on Farmland Values Jennifer Ifft, Shang Wu, and Todd Kuethe...390 Cost Efficiency of Dairy Farming in New Zealand: A Stochastic Frontier Analysis Nan Jiang and Basil Sharp...406 Using Former Farmland for Biomass Crops: Massachusetts Landowner Motivations and Willingness to Plant David Timmons...419 Weather Index Insurance and Common Property Resources Haimanti Bhattacharya and Daniel E. Osgood...438 Direct Payments, Cash Rents, Land Values, and the Effects of Imputation in U.S. Farm-level Data Michael W. Robbins and T. Kirk White...451 Consequentiality and Opt-out Responses in Stated Preference Surveys Joonghyun Hwang, Daniel R. Petrolia, and Matthew G. Interis...471

AGRICULTURAL AND RESOURCE ECONOMICS REVIEW Volume 43 / Number 3 December 2014 M E Arnab Basu E Neha Khanna Binghamton University Todd Schmit E B Amy Ando University of Illinois Marc Bellemare University of Minnesota Hung-Hao Chang National Taiwan University, Taiwan Jeremy Clark University of Canterbury, New Zealand Stephen Goetz Penn State University John Hoddinott International Food Policy Research Institute Yanhong Jin Rutgers University Harry Kaiser Robert King University of Minnesota Matin Qaim University of Göttingen, Germany Kimberly Rollins University of Nevada, Reno James Shortle Penn State University Jordan Suter Colorado State University T E Natalie Karst West Sacramento, California A O PRESIDENT Ted Jaenicke Pennsylvania State University PRESIDENT-ELECT Martin Heintzelman Clarkson University PAST PRESIDENT Joshua Duke University of Delaware SECRETARY-TREASURER Douglas E. Morris University of New Hampshire E C Alessandro Bonanno Wageningen University The Netherlands Director 2013 2016 Allison Borchers Economic Research Service, USDA Director 2012 2015 Sarah Jacobson Williams College Director 2013 2016 Donna Ramirez Harrington University of Vermont Director 2014 2017 Mario Teisl University of Maine Director 2014 2017 Patrick Walsh U.S. Environmental Protection Agency Director 2013 2015 William Wheeler U.S. Environmental Protection Agency Government Representative (ex-of icio)

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