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On Predicting The Price Of Corn, 1963-2002

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Author Info
Schaffer, Harwood
Abstract

A rectilinear regression model using the year-ending commercial corn stocks-to-use ratio and a set of dummy variables representing policy changes and weather-related production shocks explains more than 98 percent of the variation in the season average corn price paid to farmers in the 1963-2002 period, excluding 1985 and 1986.

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File URL: http://purl.umn.edu/34662
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Publisher Info
Paper provided by Southern Agricultural Economics Association in its series 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma with number 34662.

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Date of creation: 2004
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Handle: RePEc:ags:saeaft:34662

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Related research
Keywords: Production Economics;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. George A. Akerlof, 2002. "Behavioral Macroeconomics and Macroeconomic Behavior," American Economic Review, American Economic Association, vol. 92(3), pages 411-433, June. [Downloadable!]
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  2. Westcott, Paul C. & Hoffman, Linwood A., 1999. "Price Determination for Corn and Wheat: The Role of Market Factors and Government Programs," Technical Bulletins 33581, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  3. Clifton B. Luttrell, 1973. "The Russian wheat deal-hindsight vs. foresight," Review, Federal Reserve Bank of St. Louis, issue Oct, pages 2-9. [Downloadable!]
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This page was last updated on 2009-12-26.

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