Annual models for U.S. farm prices for corn and wheat are developed based on market factors as well as government agricultural commodity programs. The pricing relationships utilize a stocks-to-use modeling framework to capture the effects of market supply and demand factors on price...

The spatial rice price relationships for U.S. long grain rough rice are affected by many factors besides the transportation cost between markets, such as milling, processing, cooking and nutritional value as well as physical characteristics. This study applies a time series framework to analyze...

A model is developed using basis values (cash prices less futures), marketing weights, and a composite of monthly futures and cash prices to forecast the season-average U.S. corn farm price. Forecast accuracy measures include the absolute percentage error, mean absolute percentage error, squared...

A quarterly econometric model for U S agriculture is used to illustrate shortrun and longrun adjustments m major livestock subsectors resulting from changes m feed gram prices Adjustments in the different livestock subsectors differ sharply m both speed and magnitude because of underlying...

This article estimates a model relating quarterly corn prices to quarterly corn stocks for 1971-81 Results are, consistent With expectations that higher stocks many specific quarter Yield lower corn prices and that any given level of stocks later m the marketing year Yields lower prices than...

A quarterly econometric model of the U.S. dairy sector has been developed for use in short-to medium-term outlook and policy analyses. Simulations of the model indicate that it performs quite well both during the estimation period and during an eight-quarter interval beyond the estimation...

In this paper we study the trade creation effects of the EU preferential trade agreements (PTAs) in the agriculture and food sectors for a large sample of developing countries in the period 1990-2006. We build upon the existing literature on trade with heterogeneous firms, by investigating the...