Stocks-to-Use Response for Acreage Allocation of Arkansas Field Crops

Commodity programs for agriculture are intended to provide farm income stability and maintain desirable efficiencies that derive from market based outcomes. A measure of economic efficiency is producer response to market signals. This research measures acreage response of Arkansas field crops that are associated with changes in the U.S. stocks-to-use ratio. Results of this analysis indicate that stocks-to-use is a significant determinant of acreage decisions in Arkansas. The results of the current research indicate that agricultural policies historically establishing price floors have not undermined market response to supply and demand conditions.


Issue Date:
2014
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/197152
PURL Identifier:
http://purl.umn.edu/197152
Published in:
Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers), 2014
Page range:
265-279
Total Pages:
15




 Record created 2017-04-01, last modified 2018-01-22

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