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...

Simulations of the U.S. dairy industry under a variety of conditions indicate that milk price variability would be considerably greater in the absence of price supports. Milk production would also be more variable, but significantly less than would milk prices. Summary statistics for the 1955-78...

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.S. Sorghum Acreage ...,"Agr. Econ. Res. 25(2); 45-55, April...

Recursive aggregate demand and supply functions are used to simulate the ability of the farm sector to adjust during the 1970's to three policy alternatives. Different output demand elasticities and shifts in the supply and demand for farm output were assumed. Within reasonable bounds,...

The extent to which farm exports have received assistance from the United States Government is a subject of continuing interest and controversy. Relative data on a current basis are published in the Demand and Price Situation. This article presents a comprehensive estimate and analysis of...

The 1971 and 1973 official devaluations of the U.S. dollar have often been cited as a pivotal cause for the enormous price rises in agricultural products in 1972 and 1973. This article presents two studies that test the hypothesis that exchange rate changes have a significant effect on the...

This article examines two alternative U S stockpiling objectives In the context of volatile world markets The first objective IS to prevent the US soybean price from falling below a support price and the second IS to bound the U S soybean price by a set of support and release prices A size limit...