Department of Economics

Marvin L. Hayenga

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Emeritus Professor

Contact Information

mhayenga@iastate.edu

Education

PhD, University of California at Berkeley, 1967
MS, University of Illinois, 1963
BS, University of Illinois, 1962

Research Interests

Food and agriculture industry organization and markets, legal economics, commodity market behavior and risk management.

Curriculum Vitae:

Selected Publications

Lawrence, John D.; Hayenga, Marvin L.; Schroeder, Ted C., Churning Out the Links, 1 (2002)
Lence, Sergio H.; Hayenga, Marvin L., On the Pitfalls of Multi-Year Rollover Hedges: The Case of Hedge-To-Arrive Contracts, American Journal of Agricultural Economics Vol. 83 no. 1 (February 2001): 107-119.
Hayenga, Marvin L., Structural Change in the Biotech Seed and Chemical Industrial Complex, AgBioForum Vol. 1 no. 2 (Fall 1998): 43-55.
Hayenga, Marvin L., Texas Cattle Feeders Take On Oprah Winfrey: Testing the Veggie Libel Law, ISU Extension: Ag Decision Maker, (August 1998)

Journal Articles

Hayenga, Marvin L., \'Response' (to Harl, Et Al, Regarding 'Cutting Verticals Down to Size: Congress, The Farm Bill and Packer Control'), Choices (Spring 2003)
Hayenga, Marvin L., Cutting Verticals Down to Size: Congress, The Farm Bill and Packer Control, Choices (Summer 2002): 36-39.
Lawrence, John D.; Schroeder, Ted C.; Hayenga, Marvin L., Evolving Producer-Packer-Customer Linkages in the Beef and Pork Industries, Review of Agricultural Economics Vol. 23 no. 2 (October 2001): 370-385.
Hayenga, Marvin L.; Miller, Douglas, Price Cycles and Asymmetric Price Transmission in the U.S. Pork Market, American Journal of Agricultural Economics Vol. Vol. 83 no. No. 3 (August 2001): 551-562.
Miller, Douglas; Hayenga, Marvin L., Spectral Analysis of Asymmetric Price Response in the U.S. Pork Market, American Journal of Agricultural Economics Vol. 83 no. 3 (August 2001): 551-562.
Lence, Sergio H.; Hayenga, Marvin L., On the Pitfalls of Multi-Year Rollover Hedges: The Case of Hedge-To-Arrive Contracts, American Journal of Agricultural Economics Vol. 83 no. 1 (February 2001): 107-119.
Hayenga, Marvin L.; Lawrence, John D.; Schroeder, Ted C., Churning Out the Links: Vertical Integration in the U.S. Pork and Beef Industries, Choices (Winter 2001): 19-23.
Lawrence, John D.; Hayenga, Marvin L.; Ward, Clement E.; Schroeder, Ted C.; Purcell, Wayne, Contracting in the U.S. Pork and Beef Industries: Extent, Motives, and Issues, Canadian Journal of Agricultural Economics Vol. 48 no. 4 (December 2000): 629-641.
Hayenga, Marvin L.; Wisner, Robert N., Cargill's Acquisition of Continental Grain's Grain Merchandising Business, Review of Agricultural Economics Vol. 22 (Spring 2000): 252-266.
Lence, Sergio H.; Hayenga, Marvin L.; Harl, Neil E., The Failure of Multi-Year Hedge-To-Arrive Contracts, Choices Vol. 14 (First Quarter 1999): 37-41.
Blue, E. N.; Hayenga, Marvin L.; Lence, Sergio H.; Baldwin, E. Dean, Futures Spread Risk in Soybean Multi-Year Hedge-To-Arrive Contracts, Agribusiness: An International Journal Vol. 14 no. 6 (November/December 1998): 467-474.
Hayenga, Marvin L., Structural Change in the Biotech Seed and Chemical Industrial Complex, AgBioForum Vol. 1 no. 2 (Fall 1998): 43-55.
Hayenga, Marvin L., Texas Cattle Feeders V. Oprah Winfrey: The First Major Test of the Veggie Libel Law, Choices (Second Quarter 1998): 13-20.
Hayenga, Marvin L., Cost Structures of Pork Slaughter and Processing Firms: Behavioral and Performance Implications, Review of Agricultural Economics (Second Quarter 1998)
Hayenga, Marvin L.; Guangjian, Xu, On the Development of the Futures Markets in China, Economic Theory and Business Management Vol. 1 (1997): 63-69.
Hayenga, Marvin L.; Hallam, Arne, Economic Modeling of Pork Production-Marketing Chains, Netherlands/Belgium Journal of Social Science Research in Agriculture Vol. 12 no. 1 (1997): 85-87.
Lawrence, John D.; Rhodes, V. James; Hayenga, Marvin L., Vertical Coordination in the U.S. Pork Industry: Status Motivations, and Expectations, Agribusiness: An International Journal Vol. 13 no. 1 (January/February 1997): 21-32.
Lawrence, John D.; Rhodes, V. James; Hayenga, Marvin L., Vertical Coordination in the U.S. Pork Industry: Current Status, Motivations, and Expectations, Agribusiness: An International Journal Vol. 13 no. 1 (1997)
Hayenga, Marvin L., The Red Meat Industries: Concentration, Captive Supplies, Pricing and Policy Issues, American Journal of Agricultural Economics (December 1996)
Lawrence, John D.; Hayenga, Marvin L.; Rhodes, V. James; Grimes, Glenn, Vertical Coordination in the U.S. Pork Industry: Current Status, Motivations, and Expectations., American Journal of Agricultural Economics (December 1996)
Hayenga, Marvin L.; Jiang, Bingrong; Lence, Sergio H., Improving Wholesale Beef and Pork Product Cross Hedging, Agribusiness: An International Journal Vol. 12 no. 6 (November/December 1996): 541-559.
Lence, Sergio H.; Hayenga, Marvin L.; Patterson, M., Storage Profitability and Hedge Ratio Estimation, Journal of Futures Markets Vol. 16 (September 1996): 655-676.
O'Brien, Daniel; Hayenga, Marvin L.; Babcock, Bruce A., Growing Season Forecasts of Harvest Time Corn Prices, Review of Agricultural Economics Vol. 18 no. 2 (May 1996): 167-180.
Lawrence, John D.; Shafer, John; Hayenga, Marvin L., Valuing Public Price Reporting: The Iowa Experience, Journal of Agribusiness Vol. 15 no. 1 (Spring 1996): 15-32.
O'Brien, Daniel; Hayenga, Marvin L.; Babcock, Bruce A., Deriving Forecast Probability Distributions of Harvest-Time Corn Futures Prices, Review of Agricultural Economics Vol. 18 (1996): 167-180.
Hayes, Dermot J.; Hayenga, Marvin L.; Melton, B., Impact of Grade Equivalency on Beef and Cattle Trade Between the United States and Canada (The), U.S. Meat Export Analysis and Trade News Vol. 4 no. 2 (1996): 3-15.
Hayenga, Marvin L., Policy Issues for an Industrializing Animal Agriculture Sector: Discussion, American Journal of Agricultural Economics Vol. 77 no. 5 (December 1995): 1251-52.
Patterson, Mike; Hayenga, Marvin L., Valuing Intangible Assets: Newark and Beyond, Agribusiness: An International Journal Vol. 2 no. 4 (1995): 371-381.
Kimle, Kevin; Hayenga, Marvin L., Developing a Cash Settlement Price Index for Live Hog Futures, Journal of Futures Markets (May 1994)
Hayenga, Marvin L.; Buhr, Brian L., Ex Ante Evaluation of the Economic Impacts of Growth Promotants in the U.S. Livestock and Meat Sector, Review of Agricultural Economics Vol. 16 no. 2 (May 1994): 159-174.
Lence, Sergio H.; Kimle, Kevin; Hayenga, Marvin L., A Dynamic Minimum Variance Hedge, American Journal of Agricultural Economics Vol. 75 no. 4 (November 1993): 1063-1071.
Hayenga, Marvin L., Food and Agricultural Biotechnology: Economic Implications, American Journal of Clinical Nutrition Vol. 58 no. 2 Suppl. (August 1993)
Kimle, Kevin; Hayenga, Marvin L., Structural Change Among Agricultural Input Industries, Agribusiness: An International Journal Vol. 9 no. 1 (January 1993): 15-27.
Hayenga, Marvin L.; Thompson, Leland C.; Chase, Craig A.; Kaaria, Susan, Economic and Environmental Implications of Herbicide-Tolerant Corn and Processing Tomatoes, Journal of Soil and Water Conservation (September/October 1992)
Hayenga, Marvin L.; Schroeder, Ted C., Comparison of Selective Hedging and Option Strategies in Cattle Feed Lot Risk Management, Journal of Futures Markets Vol. 8 no. 2 (April 1988)
Hayenga, Marvin L.; McDaniel, John, Restructuring the Packing Industry, Hog Farm Management (December 1987): 9-17.
Hayenga, Marvin L.; Schroeder, Ted C., Economic Issues in Farm Business Damage Estimation, Journal of the ASFMRA Vol. 51 no. 2 (October 1987): 45-50.
Hayenga, Marvin L.; Schroeder, Ted C., Short-Term Vertical Market Price Interrelationships of Beef and Pork, North Central Journal of Agricultural Economics Vol. 9 no. 2 (July 1987): 171-180.
Hayenga, Marvin L.; Witt, Harvey; Schroeder, Ted C., Comparison of Analytical Approaches for Hedging Agricultural Commoditites, Journal of Futures Markets Vol. 3 no. 1 (April 1987): 135-146.
Hayenga, Marvin L.; Skold, Karl D.; Williams, Gary W., Meat Export Marketing: Lessons From Successful Exporters, Agribusiness: An International Journal Vol. 3 no. 1 (Spring 1987): 83-98.
Deiter, Ronald E.; Montoya, Cristobal; Hayenga, Marvin L., Price Impacts Associated with the Closing of Hog Slaughtering Plants, North Central Journal of Agricultural Economics Vol. 8 no. 2 (July 1986): 237-242.
Hayenga, Marvin L.; Grisdale, Barbara; Kauffman, Robert G.; Cross, H. R.; Christian, Lauren L., Carcass Merit Pricing Systems in the Pork Industry, American Journal of Agricultural Economics Vol. 67 no. 2 (May 1985): 315-319.
Hayenga, Marvin L.; DiPietre, Dennis D.; Skadberg, J. Marvin; Schroeder, Ted C., Profit Opportunities and Risk Premiums for Producers in Live Cattle and Live Hog Futures Markets, Journal of Futures Markets Vol. 4 no. 2 (1984): 141-154.
Hayenga, Marvin L.; DiPietre, Dennis D., Cross-Hedging Wholesale Pork Products Using Live Hog Futures, American Journal of Agricultural Economics Vol. 64 no. 4 (November 1982): 747-751.
Hayenga, Marvin L.; Rothschild, M. F.; Christian, Lauren L., Purchaser Response for Genetically Different Boars and Boar Semen, Journal of Animal Science Vol. 55 no. 2 (1982): 218-223.
Hayenga, Marvin L.; DiPietre, Dennis D., Hedging Wholesale Meat Prices: Analysis of Basis Risk, Journal of Futures Markets Vol. 2 no. 2 (1982): 131-140.
Hayenga, Marvin L.; Schrader, Lee F., Formula Pricing in Five Commodity Marketing Systems, American Journal of Agricultural Economics Vol. 62 no. 4 (1980)

Books and Book Chapters/Sections Authored or Co-authored

Hayenga, Marvin L.; Novenario-Reese, Mary Jane; Clemens, Roxanne L., Danish Pork Industry: Factors Influencing Export Market Competitive Position, The, Global Competitiveness of the U.S. Pork Sector, Iowa State University, Ames, IA, (June 1998)
Hayenga, Marvin L.; Seim, David; Martin, Larry, The Canadian Pork Industry: Factors Influencing Export Market Competitive Position, Global Competitiveness of the U.S. Pork Sector, Iowa State University, Ames, IA, (June 1998)
Hayenga, Marvin L.; Hook, Ronald; Jiang, Bingrong, Fed Cattle Geographic Market Delineation: Slaughter Plant Procurement Areas, Firm and Plant Supply Response Analysis, Concentration in the Red Meat Packing Industry, Packers and Stockyards Programs, (February 1996)
Hayenga, Marvin L.; Rhodes, V. James; Grimes, Glenn; Lawrence, John D., Vertical Coordination in Hog Production, Concentration in the Red Meat Packing Industry, Packers and Stockyards Programs, (February 1996)
Hayenga, Marvin L., Pork Slaughter Capacity: An Evolving Picture, Market Access: Situation Analysis, (March 1995)
Hales, John; Hayenga, Marvin L., Technical Analysis and Market Efficiency in the Live Hog Futures Market, Applied Commodity Price Analysis, Forecasting and Market Risk Management, (1995)
Hoffland, Marvin; Hayes, Dermot J.; Hayenga, Marvin L., Effects of Japanese Imports on U.S. Wholesale Beef and Live Cattle Prices (The), Applied Commodity Price Analysis, Forecasting and Market Risk Management, (1995)
Lee, K. R.; Hayenga, Marvin L.; Lence, Sergio H., The Hedging Effectiveness of Rough Rice Futures, Applied Commodity Price Analysis, Forecasting and Market Risk Management, (1995)
Buhr, Brian L.; Hayenga, Marvin L.; Bultena, Gordon, The Socioeconomic Impacts of Partitioning Agents, Low Fat Meat: Human Implications, (1994)
Kauffman, Robert G.; Hayenga, Marvin L., The Implications of Partitioning Agents for Meat Animal Grading and Pricing Systems, Low Fat Meat: Human Implications, (1994)

Published Proceedings

Lawrence, John D.; Hayenga, Marvin L., The U.S. Pork and Beef Sectors: Divergent Organizational Patterns, Paradoxes and Conflicts, Paradoxes in Food Chains and Networks, Proceedings of the Fifth International Conference on Chain and Network Management in Agribusimess and the Food Industry, , Wageningen Academic Publishers, Wageningen, The Netherlands, (June 2002): 512-521.
Hayenga, Marvin L.; MacDonald, James M., Concentration, Mergers, and Antitrust Policy, Proceeding, The 2002 Farm Bill: Policy Options and Consequences, Farm Foundation, Oakbrook, Illinois, (September 2001)
Hayenga, Marvin L., Emerging Issues and Challenges in Applied Commodity Price Analysis, Proceeding, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting and Market Risk Management, (April 2001)
Hayenga, Marvin L.; Lawrence, John D.; Ward, Clement E.; Schroeder, Ted C., Contracting in the U.S. Pork and Beef Industries: Extent, Motives, and Issues, Proceeding, Conference on The Economics of Contracting in the Agri-Food Sector, Saskatoon, Saskatchewan, (December 2000)
Hayenga, Marvin L., Emerging Food Chains, Proceeding, National Public Policy Education Conference, (September 2000)
Hayenga, Marvin L., Competitive Structure of the Leading Pork Exporting Countries, Proceeding, Globalization, Production Siting and Competitiveness of Livestock Production Conference and Round Table, Institut fuer Betriebswirtschaft, Agrarstruktur und laendliche Raeume Bundesforschungsanstalt fuer Landwirtschaft (FAL),, German Ministry of Agriculture, (September 2000)
Hayenga, Marvin L., Value Chains in the Livestock and Grain Sector, Proceeding, Policy Issues in the Changing Structure of the Food System, American Agricultural Economics Association, (July 29 2000)
Hayes, Dermot J.; Hayenga, Marvin L.; Thompson, Shelley J., Transactions Cost Economics and the Evolving Structure of Agricultural Production, Proceeding, World Food and Agribusiness Congress - International Food and Agribusiness Management Association, Chicago, IL, (June 2000)
Thompson, Shelley J.; Hayenga, Marvin L.; Hayes, Dermot J., E-Agribusiness, Proceeding, World Food and Agribusiness Congress, International Food and Agribusiness Management Association, Chicago, IL, (June 2000)
Hayenga, Marvin L., Structural Changes in the Pork Production and Processing Industry of the U.S. And Other OECD Countries: Major Trends and Issues, Proceeding, The Agro-Food Processing Sector in China: Developments and Policy Challenges, Organization for Economic Cooperation and Development, Paris, France, (2000)

Extension Publications

Hayenga, Marvin L.; Lawrence, John D.; Feuz, Dillon M.; Grimes, Glenn; Koontz, Stephen R.; Purcell, Wayne D.; Schroeder, Ted C.; Ward, Clement E., Comments on Economic Impacts of Proposed Legislation to Prohibit Beef and Pork Packer Ownership, Feeding, or Control of Livestock, , (January 14 2002)
Lawrence, John D.; Hayenga, Marvin L.; Grimes, Glenn, Iowa and Regional Analysis of the Pork Industry, ISU Extension: 1998 Swine Research Report, AS-640, (January 1999): 182-185.
Lawrence, John D.; Hayenga, Marvin L.; Grimes, Glenn, The U.S. Pork Industry Structure: A 1997 Snapshot, ISU Extension: 1998 Swine Research Report, AS-640, (January 1999): 179-181.
Hayenga, Marvin L., Texas Cattle Feeders Take On Oprah Winfrey: Testing the Veggie Libel Law, ISU Extension: Ag Decision Maker, (August 1998)
Hayenga, Marvin L.; Lawrence, John D.; Schroeter, John R., Iowa's Pork Processing Industry, ISU Agriculture and Home Economics Experiment Station: Iowa's Pork Industry-Dollars and Scents, No. Pm-1746 (January 1998)
Lawrence, John D.; Kliebenstein, James; Hayenga, Marvin L., How Iowa Compares to Other States, ISU Agriculture and Home Economics Experiment Station: Iowa's Pork Industry-Dollars and Scents, No. Pm-1746 (January 1998)

Other Publications

Hayenga, Marvin L.; Kimle, Kevin, Bigger Plants, New Names, Vol. 37 no. 9 (August 15 2004): 12-18.
Lawrence, John D.; Hayenga, Marvin L.; Ward, Clement E.; Schroeder, Ted C.; Purcell, Wayne; Koontz, Stephen; Feuz, Dillon M., Fed Cattle Marketing-Pricing Practices and Industry Issues: A Feedlot Survey Summary, (February 1 2002)
Lawrence, John D.; Hayenga, Marvin L.; Schroeder, Ted C., Churning Out the Links, 1 (2002)
Hayenga, Marvin L., Meat Packer Vertical Integration and Contract Linkages in the Beef and Pork Industries: An Economic Perspective, (June 1 2000)
Hayenga, Marvin L.; Harl, Neil E.; Lawrence, John D., Impact of Increasing Production or Marketing Contract Volume on Access to Competitive Markets, (January 1 2000)
Hayenga, Marvin L.; Gallagher, Paul W.; Vontalge, Alan L., Alfalfa Market Impact of Minnesota Valley Alfalfa Producers (Mnvap) Power Project, (July 1 1999)
Hayenga, Marvin L.; Wisner, Robert N., Study Evaluates Cargill's Acquisition of Continental Grain's Grain Merchandising Business, (February 8 1999)
Lawrence, John D.; Hayenga, Marvin L.; Kliebenstein, James, Iowa's Pork Industry: How Iowa Compares to Other States, (December 1 1998)
Lawrence, John D.; Hayenga, Marvin L., Growth at What Price, (December 1 1998)
Kliebenstein, James; Lawrence, John D.; Hayenga, Marvin L., The Rapidly Changing Pork Industry: How Iowa Compares to Other States, (February 1998)

College of Agriculture and Life Sciences

College of Liberal Arts and Sciences

Department of Economics

Marvin L. Hayenga

Go To

Emeritus Professor

Contact Information

Education

Research Interests

Curriculum Vitae:

Selected Publications

Journal Articles

Books and Book Chapters/Sections Authored or Co-authored

Published Proceedings

Extension Publications

Other Publications

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