I have contended for some years that the principal economic problem facing commercial agriculture is instability (Tweeten 1989, p.30). Instability potentially threatens not only farmers' financial viability but also consumers' food security, given the desire for stable food consumption in the...

The purpose of this study is to estimate the impact of general inflation on prices paid and received by farmers. Specific objectives are: (1) to test the hypothesis that the farm commodity domestic demand function at the farm level is homogeneous of degree zero in price and income; and (2),...

The commercial farm problem has been defined as an excess of farm output over utilization at "satisfactory" prices. Evidence of farm production in excess of market outlets has been apparent in declining farm commodity prices and net incomes, growing stocks of farm products, or large Government...

RECENT events in Central and Eastern Europe are part of a continuing, world-wide political and economic realignment that is important to U.S. food and agricultural industries. The realignment has greater long-run significance for U.S. agriculture than either the new farm bill or the GATT...