Grain supply is the joint effect of both area and yield; however, research often targets either one or the other. The research presented here estimates the complete supply elasticity of grains using novel approaches to approximate producers’ price and weather expectations on both yield and...

The impacts of biofuel-based commodity price shocks on wheat and maize producers and consumers in Mexico are quantified with a two-region welfare economics model of the world wheat and maize markets. This model captures the international flow of wheat and maize between Mexico and the rest of the...

This study applies portfolio theory to wheat varietal selection decisions in order to find risk-minimizing outcomes while holding historical yields constant. Potential correlation across wheat cultivar yields increases the complexity of cultivar selection decisions, with gains in one attribute...

Grain supply is the joint effect of both area and yield; however, research often targets either one or the other. The research presented here estimates the complete supply elasticity of grains using novel approaches to approximate producers’ price and weather expectations on both yield and...