Clearly, many of the developments in computerized market systems are regarded as revolutionary in an industry which has undergone diminutive changes in marketing its products and acquiring current market information. Cognizance of the agricultural market situation is pertinent for maximum production efficiency, bargaining strength, and financial success for producers.
Collectively, producers in Utah face the dilemma of receiving approximately ten percent less in cash receipts for their commodities than their counterparts in surrounding states. Market information that was attainable by producers was often obsolete, redundant, expensive, and irrelevant to the market situation in Utah.
The implementation of a Computerized Market Information Systems (CIS) has the potential to eliminate the duplication of collection, analysis, and dissemination of information among state and federal agencies, freeing resources into other vital areas. Presently, the CIS is a "pilot" system concentrating primarily upon market reports which have an impact on the beef cattle and hay industries within the state. The increased usage has suggested that the system should be expanded to include more commodity reports and analyses to accommodate producers in different areas of production.
The potential cost effectiveness of the system is demonstrated in several ways. First, a savings to producers who utilize the CIS in lieu of traditional sources of information. Second, a savings in duplication of labor and other resources within state and federal agencies through a cooperative effort. Third, the quality and timeliness of information has been improved.
| Identifer | oai:union.ndltd.org:UTAHS/oai:digitalcommons.usu.edu:etd-5156 |
| Date | 01 May 1984 |
| Creators | Burton, Tammy |
| Publisher | DigitalCommons@USU |
| Source Sets | Utah State University |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | All Graduate Theses and Dissertations |
| Rights | Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact Andrew Wesolek (andrew.wesolek@usu.edu). |
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