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An Evaluation of Outlook Information for Australian Agricultural Commodities

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Author Info

  • Freebairn, John W.

Abstract

This paper reviews the literature on the production, dissemination and use made of market outlook information for agricultural commodities. It focuses on the requirements and demand for market outlook information, the level of accuracy of information currently available, of future prospective gains in accuracy, some estimates of the value of outlook information, and government participation in the supply of outlook information.

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File URL: http://purl.umn.edu/10307
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Bibliographic Info

Article provided by Australian Agricultural and Resource Economics Society in its journal Review of Marketing and Agricultural Economics.

Volume (Year): 46 (1978)
Issue (Month): 03 (December)
Pages:

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Handle: RePEc:ags:remaae:10307

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Related research

Keywords: Farm Management;

References

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  1. Freebairn, John W., 1975. "Forecasting For Australian Agriculture," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 19(03), December.
  2. Derek R. Byerlee & Jock R. Anderson, 1969. "Value Of Predictors Of Uncontrolled Factors In Response Functions," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 13(2), pages 118-127, December.
  3. Freebairn, J W, 1976. "The Value and Distribution of the Benefits of Commodity Price Outlook Information," The Economic Record, The Economic Society of Australia, vol. 52(138), pages 199-212, June.
  4. Jonson, P D & Mahoney, D M, 1973. "Price Expectations in Australia," The Economic Record, The Economic Society of Australia, vol. 49(125), pages 50-61, March.
  5. Dillon, John L., 1971. "An Expository Review of Bernoullian Decision Theory in Agriculture: Is Utility Futility?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(01), March.
  6. Smith, A W & Smith, R L, 1976. "A Model of the Australian Farm Sector: A Progress Report," The Economic Record, The Economic Society of Australia, vol. 52(140), pages 462-82, December.
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Citations

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Cited by:
  1. Manfredo, Mark R. & Sanders, Dwight R., 2004. "The Value of Public Price Forecasts: Additional Evidence in the Live Hog Market," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 22(2).
  2. Sanders, Dwight R. & Manfredo, Mark R. & Boris, Keith, 2009. "Evaluating information in multiple horizon forecasts: The DOE's energy price forecasts," Energy Economics, Elsevier, vol. 31(2), pages 189-196.
  3. Pluske, Johanna M. & Fraser, Rob W., 1995. "Can Producers Place Valid and Reliable Valuations on Wool Price-Risk Information?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(02), August.
  4. Lindner, Robert K., 1987. "Toward A Framework For Evaluating Agricultural Economics Research," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(02), August.
  5. Good, Darrel L. & Irwin, Scott H. & Isengildina, Olga, 2006. "The Value of USDA Situation and Outlook Information in Hog and Cattle Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(02), August.
  6. Olga Isengildina-Massa & Scott H. Irwin & Darrel L. Good & Jennifer K. Gomez, 2008. "Impact of WASDE reports on implied volatility in corn and soybean markets," Agribusiness, John Wiley & Sons, Ltd., vol. 24(4), pages 473-490.

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