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The purpose of this article is to evaluate the performance of market advisory services for the 1995-2003 corn and soybean crops. A new database from the Agricultural Market Advisory Services (AgMAS) Project is used in the evaluation. This database should not be subject to survivorship and...
Persistent link: https://www.econbiz.de/10014052599
This article uses Nordhaus' framework to determine the efficiency of the revision process for USDA corn and soybean production forecasts over the 1970/1971 through 2004/2005 marketing years. Positive autocorrelation and consistency of directional changes in forecast revisions suggest these...
Persistent link: https://www.econbiz.de/10014055303
The purpose of this report is to improve understanding of USDA crop forecasting methods, performance and market impact. A review of USDA's forecasting procedures and methodology confirmed the objectivity and consistency of the forecasting process over time. Month-to-month changes in corn and...
Persistent link: https://www.econbiz.de/10014058784
The purpose of this article is to evaluate the performance of market advisory services for the 1995 2003 corn and soybean crops. A new database from the Agricultural Market Advisory Services (AgMAS) Project is used in the evaluation. This database should not be subject to survivorship and...
Persistent link: https://www.econbiz.de/10014059960
USDA World Agricultural Supply and Demand Estimates (WASDE) price forecasts are published as an interval, but are typically analyzed as point estimates. Thus, all information about uncertainty imbedded in the forecast is ignored. The purpose of this article is to evaluate the accuracy of WASDE...
Persistent link: https://www.econbiz.de/10014069538
The purpose of this report is to provide a preliminary summary of the results of a survey designed to help answer the questions about subscriber use of market advisory services. Importantly, this research is a cooperative partnership between the University of Illinois and the Data Transmission...
Persistent link: https://www.econbiz.de/10014035497
The 1995 marketing styles for the 25 market advisory service programs included in the AgMAS Project were developed in two steps. The first step was the construction of a detailed "menu" of the tools and strategies used by each of the advisory programs in marketing corn and soybeans. The menu...
Persistent link: https://www.econbiz.de/10014037171
A large percentage of farmers do not respond to mail surveys. To gain insight into why farmers do not respond and how to improve response rates, a three-step research design was developed. First, an initial survey, based on in-person interviews with 15 farmers, was sent to 100 farmers. Second,...
Persistent link: https://www.econbiz.de/10014115537
A conceptual framework was developed that provides insight into the factors affecting the impact of these recommendations on producer pricing decisions. Data from 656 U.S. producers reveal that the perceived performance of the Market Advisory Services (MAS), the way in which MAS recommendations...
Persistent link: https://www.econbiz.de/10014029176
Persistent link: https://www.econbiz.de/10013451072