A model of land allocation at the aggregate watershed level was developed assuming profit/net benefit maximization under risk neutrality. The econometric land use model was analyzed as an equation by equation SURE model as all the independent variables were the same for both equations. In...

The Ministry of Agriculture and Forestry (MAF) undertakes forecasts and projections of livestock numbers as part of the twice yearly contribution to The Treasury’s economic and fiscal updates. MAF’s Pastoral Supply Response Model (PSRM) was recently re-developed and used for the first time...

This article determines the accuracy of quarterly land value forecasts provided by bankers through the Federal Reserve Bank of Kansas City’s Survey of Agricultural Credit Conditions. Bankers’ qualitative forecasts of up, down, or no change are compared against actual, selfreported...

The IFAMR is published quarterly by the International Food and Agribusiness Management Assocation. Complete library can be found at www.ifama.org