IDEAS home Printed from https://ideas.repec.org/p/ags/midasp/125089.html
   My bibliography  Save this paper

Optimal Supply Rules in the Tart Cherry Industry: Summary Report

Author

Listed:
  • Miller, Steven R.
  • Hoehn, John P.
  • Thornsbury, Suzanne
  • Meyer, Jenny

Abstract

This analysis examined optimum supply formula (OSF) in the tart cherry industry. The OSF is a tool for stabilizing market prices as authorized by a federal market order (FMO). The current OSF sets free sales of tart cherries in a given harvest year, or optimum supply volume (OSV), equal to the average sales of the three prior years plus 10 percent. This report evaluates the current OSF relative to several alternative formulations. The analysis reviews data to identify sources of market stability, analyzes the demands for tart cherries and compares the current OSF with the alternatives.

Suggested Citation

  • Miller, Steven R. & Hoehn, John P. & Thornsbury, Suzanne & Meyer, Jenny, 2012. "Optimal Supply Rules in the Tart Cherry Industry: Summary Report," Staff Papers 125089, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  • Handle: RePEc:ags:midasp:125089
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/125089
    Download Restriction: no

    More about this item

    Keywords

    Price Stability; Tart Cherry Marketing Order; Policy Simulation; Agricultural and Food Policy; Demand and Price Analysis; Q11; Q13;

    JEL classification:

    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:midasp:125089. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/damsuus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.