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The Value of Accurate Crop Production Forecasts

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Author Info

  • Jayne, Thomas S.
  • Rashid, Shahidur

Abstract

Crop production forecasts are widely recognized as an important input into food balance sheets and for anticipating production shortfalls. However, the role of accurate crop production forecasting systems in mitigating food price instability and transitory food insecurity is often under-appreciated. This paper explains how crop production forecasting systems affect price instability and risks, and how they can be improved to stabilize the food system.

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File URL: http://purl.umn.edu/97032
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Bibliographic Info

Paper provided by Michigan State University, Department of Agricultural, Food, and Resource Economics in its series Food Security International Development Working Papers with number 97032.

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Date of creation: Oct 2010
Date of revision:
Handle: RePEc:ags:midiwp:97032

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Web page: http://www.aec.msu.edu/agecon/
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Related research

Keywords: Africa; Food security; forecasts; production; Agricultural and Food Policy; Community/Rural/Urban Development; Crop Production/Industries; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; International Development; Productivity Analysis; c10; Q11;

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Cited by:
  1. Haggblade, Steven & Boughton, Duncan, 2013. "A Strategic Agricultural Sector and Food Security Diagnostic for Burma," Food Security International Development Working Papers 161372, Michigan State University, Department of Agricultural, Food, and Resource Economics.

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