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...

Over the next several years, crop prices are projected to be below to slightly above commodity loan rates. As a result, marketing loan benefits to farmers, in the form of loan deficiency payments and marketing loan gains from the commodity loan program, are likely to continue to be sizeable. The...

This report provides baseline projections for international supply, demand, and trade for major agricultural commodities to 2007. It is a companion report to USDA Agricultural Baseline Projections, providing the foreign country details supporting those projections. Projections of strong global...