IDEAS home Printed from https://ideas.repec.org/p/ags/n13413/285793.html

Impacts of Crop Conditions Reports on National and Local Wheat Markets

Author

Listed:
  • Bain, Ryan
  • Fortenbery, T. Randall

Abstract

The USDA releases crop condition reports that contain crop progress and growing conditions estimates for various crops including corn, soybeans, and winter wheat. Previous work has investigated national market impacts from various USDA reports. However, this work is new because it investigates crop conditions report releases for price impacts on winter wheat at both the local and national level. The primary tools for analysis are parametric tests and the nonparametric Savage scores test. The results suggest that crop conditions reports may be anticipated by the futures markets prior to release, with similar though non-significant impacts felt in local cash markets. These results contrast significantly with those found in similar studies for corn and soybeans.

Suggested Citation

  • Bain, Ryan & Fortenbery, T. Randall, 2013. "Impacts of Crop Conditions Reports on National and Local Wheat Markets," 2013 Conference, April 22-23, 2013, St. Louis, Missouri 285793, NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    • Handle: RePEc:ags:n13413:285793
    DOI: 10.22004/ag.econ.285793
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/285793/files/Bain_Fortenbery_NCCC-134_2013.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.285793?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;

    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:n13413:285793. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.farmdoc.illinois.edu/nccc134/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.