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Based on data from 92 Minnesota cities, the analyses shows that neither marginal price or average price appear as the better predictor of demand. The price elasticity of demand ranges from -. 17 for marginal price in the linear model to -.27 for average price in the log linear model. It appears...
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Nearly two million acres of Minnesota farmland have been idled under federal Conservation Reserve Program (CRP) contracts. Starting in 1996, these 27,000 contracts will begin to expire. The contracts summarized in this report, those which expire between 1996 and 1998, account for nearly...
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