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Stocks-to-Use Response for Acreage Allocation of Arkansas Field Crops


  • Flanders, Archie


Commodity programs for agriculture are intended to provide farm income stability and maintain desirable efficiencies that derive from market based outcomes. A measure of economic efficiency is producer response to market signals. This research measures acreage response of Arkansas field crops that are associated with changes in the U.S. stocks-to-use ratio. Results of this analysis indicate that stocks-to-use is a significant determinant of acreage decisions in Arkansas. The results of the current research indicate that agricultural policies historically establishing price floors have not undermined market response to supply and demand conditions.

Suggested Citation

  • Flanders, Archie, 2014. "Stocks-to-Use Response for Acreage Allocation of Arkansas Field Crops," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2014, pages 1-15.
  • Handle: RePEc:ags:jasfmr:197152

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    References listed on IDEAS

    1. Parrott, Scott D. & McIntosh, Christopher S., 1996. "Nonconstant Price Expectations and Acreage Response: The Case of Cotton Production in Georgia," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 28(01), pages 203-210, July.
    2. Hudson, Smith & Pan, Suwen & Mutic, Maria & Yates, Samantha & Ethridge, Don E., 2009. "Crop Subsidies in Foreign Countries: Different Paths to Common Goals," Cotton Economics Research Institute CER Series 53137, Texas Tech University, Department of Agricultural and Applied Economics.
    3. Duffy, Patricia A. & Richardson, James W. & Wohlgenant, Michael K., 1987. "Regional Cotton Acreage Response," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(1), pages 1-11, July.
    4. Liang, Yan & Miller, J. Corey & Harri, Ardian & Coble, Keith H., 2011. "Crop Supply Response under Risk: Impacts of Emerging Issues on Southeastern U.S. Agriculture," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 43(02), pages 181-194, May.
    5. William Lin & Robert Dismukes, 2007. "Supply Response under Risk: Implications for Counter-Cyclical Payments' Production Impact," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(1), pages 64-86.
    6. Houston, Jack E. & McIntosh, Christopher S. & Stavriotis, Paul A. & Turner, Steven C., 1999. "Leading Indicators Of Regional Cotton Acreage Response: Structural And Time Series Modeling Results," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(3), pages 1-11, December.
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