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Evaluating U.S. Department of Agriculture’s Long-Term Forecasts for U.S. Harvested Area

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  • Boussios, David
  • Skorbiansky, Sharon Raszap
  • MacLachlan, Matthew

Abstract

This report analyzes the accuracy of the historical baseline projections for U.S. corn, soybean, and wheat harvested area for the period from 1997 to 2017. The report finds that statistical modeling approaches have the potential to improve the performance of USDA’s baseline projections.

Suggested Citation

  • Boussios, David & Skorbiansky, Sharon Raszap & MacLachlan, Matthew, 2021. "Evaluating U.S. Department of Agriculture’s Long-Term Forecasts for U.S. Harvested Area," Economic Research Report 327201, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersrr:327201
    DOI: 10.22004/ag.econ.327201
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    References listed on IDEAS

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    3. Good, Darrel L. & Irwin, Scott H., 2006. "Understanding USDA Corn and Soybean Production Forecasts: Methods, Performance and Market Impacts over 1970 - 2005," AgMAS Project Research Reports 37514, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
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    Keywords

    Agribusiness; Productivity Analysis;

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