Effects of the Conservation Reserve Program on Elevator Merchandising Margins in Oklahoma

The Conservation Reserve Program (CRP) takes cropland out of production for 10 years, reducing grain supplies available to elevators. Results suggest that the program has negatively impacted elevator merchandising margins, but that elevators adjusted rather quickly to CRP changes, making most of the adjustment within 1 year. The reduction in margins reflects an element of pressure on agribusiness that has not been measured in previous studies.


Issue Date:
2004-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/42835
Published in:
Journal of Agricultural and Applied Economics, Volume 36, Number 1
Page range:
83-96
Total Pages:
14
JEL Codes:
Q1; Q2; D4; L1




 Record created 2017-04-01, last modified 2017-08-25

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