This study investigates the long term adjustments to drought by crop and livestock sectors using a dynamic partial equilibrium quarterly modeling framework of the U.S. agricultural economy. By employing a model that links crop production with highly disaggregated livestock production sectors in...

This study examines the price behavior for identity preserved and generic corn under different demand and competition conditions. Simulation results suggest that generic corn has a greater market impact on specialty corn than the reverse, and that increased competition within processing may...

The United States embarked on a policy assuming excess demands for commodities are elastic. Some analysts question the success of that policy and argue that excess demands for farm commodities are inelastic. The controversy is deepened because the two traditional techniques for determining...