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The Value of Accurate Crop Production Forecasts

Author

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  • 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.

Suggested Citation

  • Jayne, Thomas S. & Rashid, Shahidur, 2010. "The Value of Accurate Crop Production Forecasts," Food Security International Development Working Papers 97032, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midiwp:97032
    DOI: 10.22004/ag.econ.97032
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    File URL: https://ageconsearch.umn.edu/record/97032/files/idwp108.pdf
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    Citations

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    Cited by:

    1. Lin Liu & Bruno Basso, 2020. "Linking field survey with crop modeling to forecast maize yield in smallholder farmers’ fields in Tanzania," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 12(3), pages 537-548, June.
    2. Haggblade, Steven & Boughton, Duncan, 2013. "A Strategic Agricultural Sector and Food Security Diagnostic for Myanmar," Food Security International Development Working Papers 161372, Michigan State University, Department of Agricultural, Food, and Resource Economics.

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