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A Linked Annual And Monthly Model For Forecasting Alfalfa Hay Prices

Author

Listed:
  • Blake, Martin J.
  • Clevenger, Tom

Abstract

This article develops a model to forecast monthly alfalfa hay prices before the first harvest. This is done by linking an annual model, which forecasts the initial May price, with a system of monthly equations that track the monthly seasonal price pattern, given the forecasted May price.

Suggested Citation

  • Blake, Martin J. & Clevenger, Tom, 1984. "A Linked Annual And Monthly Model For Forecasting Alfalfa Hay Prices," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-5, July.
    • Handle: RePEc:ags:wjagec:32381
    DOI: 10.22004/ag.econ.32381
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    Citations

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    Cited by:

    1. Blank, Steven C. & Orloff, Steve B. & Putnam, Daniel H., 2001. "Sequential Stochastic Production Decisions For A Perennial Crop: The Yield/Quality Tradeoff For Alfalfa Hay," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(1), pages 1-17, July.
    2. Kazim Konyar & Keith Knapp, 1988. "Market analysis of alfalfa hay: California case," Agribusiness, John Wiley & Sons, Ltd., vol. 4(3), pages 271-284.
    3. Konyar, Kazim & Knapp, Keith, 1986. "Demand for Alfalfa Hay in California," Research Reports 251941, University of California, Davis, Giannini Foundation.
    4. Bazen, Ernest F. & Roberts, Roland K. & Travis, John & Larson, James A., 2008. "Factors Affecting Hay Supply and Demand in Tennessee," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6889, Southern Agricultural Economics Association.
    5. Tabesh, Hamid, 1987. "Hedging price risk to soybean producers with futures and options: a case study," ISU General Staff Papers 1987010108000010306, Iowa State University, Department of Economics.
    6. R. K. Skaggs & Donald L. Snyder, 1992. "A comparison of selected methods for forecasting monthly alfalfa hay prices," Agribusiness, John Wiley & Sons, Ltd., vol. 8(4), pages 309-321.
    7. Steven C. Blank & Harry W. Ayer, 1987. "Government policy cross effects: The cotton and dairy programs' influence on alfalfa hay markets," Agribusiness, John Wiley & Sons, Ltd., vol. 3(4), pages 385-392.
    8. Knapp, Keith & Konyar, Kazim, 1990. "A Dynamic Spatial Equilibrium Model of the California Alfalfa Market," Research Reports 251936, University of California, Davis, Giannini Foundation.
    9. Konyar, Kazim & Knapp, Keith C., 1990. "Dynamic Regional Analysis Of The California Alfalfa Market With Government Policy Impacts," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(1), pages 1-11, July.
    10. Diersen, Matthew A., 2008. "Hay Price Forecasts at the State Level," 2008 Conference, April 21-22, 2008, St. Louis, Missouri 37600, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.

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