This report evaluates the United States and world corn and soybean markets for the 2010-2020 period using the Global Corn and Soybean Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and...

This report evaluates the U.S. and world wheat markets for the 2010-2020 time period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Both the...

A production approach based on the translog cost function is used to analyze import demand for wheat differentiated by class and country of origin in the Japanese wheat flour milling industry. Results indicate that US wheat faces strong competition in the Japanese wheat market, but its multiple...

Net farm income in North Dakota was at near record levels for most representative farms in 2011. However income in 2021 is projected to be lower than in 2011. Commodity prices are expected to decrease slowly from current levels. Commodity yields are projected to increase at historical trend-line...

This study examines three alternative models of correcting for heteroskedasticity in wheat yield: the time trend variance, the GARCH, and an econometric model that includes the potential sources of heteroskedasticity. Nonnested test results suggest that modeling the sources of heteroskedasticity...

This report evaluates the U.S. and world wheat markets for the 1997-2007 period by using the World Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, the weather, and technological change. Both the U.S. and...

This report evaluates the U.S. carrot market using a quadratic programming algorithm. North Dakota ships carrots locally and to Minnesota under both the base and 1,000 acre scenarios. North Dakota starts to ship carrots to Illinois as it produces more under other alternative scenarios. This...