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Forecasting Corn Producers' Response to the 1986 Feed Grain Program

Author

Listed:
  • Ferris, John M.

Abstract

A time series supply equation on corn found four factors to "explain" 90 percent of the variation in planted acreage - expected net returns from corn, soybeans, and the corn program per base acre, and land retirement requirements. This equation was applied to the Feed Grain Program to forecast 1986 acreage.

Suggested Citation

  • Ferris, John M., 1986. "Forecasting Corn Producers' Response to the 1986 Feed Grain Program," 1986 Annual Meeting, July 27-30, Reno, Nevada 278413, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea86:278413
    as

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    File URL: http://ageconsearch.umn.edu/record/278413/files/aaea-1986-123.pdf
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    References listed on IDEAS

    as
    1. Goodwin, Thomas H & Sheffrin, Steven M, 1982. "Testing the Rational Expectations Hypothesis in an Agricultural Market," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 658-667, November.
    2. J. Scott Shonkwiler & Robert D. Emerson, 1982. "Imports and the Supply of Winter Tomatoes: An Application of Rational Expectations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(4), pages 634-641.
    3. repec:ags:ersaer:147027 is not listed on IDEAS
    4. J. P. Houck & M. E. Ryan, 1972. "Supply Analysis for Corn in the United States: The Impact of Changing Government Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 184-191.
    5. Brian S. Fisher, 1982. "Rational Expectations in Agricultural Economics Research and Policy Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(2), pages 260-265.
    6. Ferris, John N., 1984. "A Time Series Analysis Of The 1983 Pik Program On Corn, Ex Ante And Ex Post," 1984 Annual Meeting, August 5-8, Ithaca, New York 278908, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Houck, James P. & Ryan, Mary E., 1972. "Supply Analysis For Corn In The United States: The Impact Of Changing Government Programs," Staff Papers 13554, University of Minnesota, Department of Applied Economics.
    Full references (including those not matched with items on IDEAS)

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