ACREAGE RESPONSES TO EXPECTED REVENUES AND PRICE RISK FOR MINOR OILSEEDS AND PROGRAM CROPS IN THE NORTHERN PLAINS

Wheat, barely, flaxseed, and oilseed sunflower acreage respond to different economic variables. Wheat and barely acreage must be divided among program-complying, program-planted, and nonprogram-planted acreage because these categories respond to different variables and respond to own expected-revenue and price-risk variables in opposite ways. Flaxseed, sunflower, and nonprogram-planted acreage of wheat and barley have highly significant, positive responses to their own expected revenue and negative responses to their own-price risk. Flaxseed and sunflower acreage have been more responsive to their lagged values than to expected revenues for wheat.


Issue Date:
1996-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31028
Published in:
Journal of Agricultural and Resource Economics, Volume 21, Number 2
Page range:
309-324
Total Pages:
16




 Record created 2017-04-01, last modified 2017-08-24

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