This study seeks to determine the workings of a system of acreage allocation given price and yield uncertainty so as to …) violation of symmetry can come from (i) differing expectations regarding yield and price, (ii) risk differences in the price and … acreage effects would be satisfied if Proposition 1 or 2 holds, 4) production decisions would be affected by price and yield …

stochastic variables that are major contributors to corn price volatility: planted acreage, corn yield, export demand, gasoline … increased corn price volatility and that the passage of the expanded ethanol mandates in the Energy Independence and Security … Act (EISA) has had modest effects on corn prices. Model results indicate an expected average marketing year price of $4 …