Preharvest production forecasts can be combined with contemporaneous price quotations for futures contracts to estimate … corn highlights the difficulties The methodology, however, does seem to be a promising descriptive tool, and it may also …

structural equations. For the corn model, standard error of price was estimated to be $0.23 per bushel when neither acreage nor … yield are known and $0.11 per bushel when production is known. …

, consistent With expectations that higher stocks many specific quarter Yield lower corn prices and that any given level of stocks …This article estimates a model relating quarterly corn prices to quarterly corn stocks for 1971-81 Results are … corn prices and to respond to other Situation and outlook questions …

by corn (-4.81), oats (-3.82), and barley (-2.75). The direct price elasticity of wheat is elltimated to be -0.85. The … of aggregate demand by the mixed feed ind.:-stry for corn, oats, barley, grain sorghum, and wheat are presented. As … expected, all of the feed grains have elastic demands. Grain sorghum has the highest direct price elasticity (-5.42), followed …

prices However, other grain prices relate closely to one another Corn and wheat prices tend to significantly affect other …

This research completes a series of estimates of supply relationships for corn, sorghum, oats, and barley. (See M. E …. Ryan and M. E. Abel, "Corn Acreage Response .. .,"Agr. Econ. Res. 24(4); 102-112, Oct. 1972, and "Supply Response of U …

This paper modifies and employs a model previously developed for empirical evaluation of the impact of commodity price …-support programs on corn acreage. (See J. P. Houck and M. E. Ryan, "Supply Analysis for Corn in the United States ... ," Amer. Jour …- 108, Oct. 1969.) This model is used to analyze the effect of the set-aside program on corn plantings. Estimates for corn …