@article{Walker:307547,
      recid = {307547},
      author = {Walker, Rodney L. and Sharples, Jerry },
      title = {Reserve Stocks of Grain:  A Review of Research  },
      address = {1975-08},
      number = {1473-2020-1277},
      series = {Agricultural Economic Report No. 304},
      pages = {29},
      year = {1975},
      abstract = {Research and theory related to reserve stocks accumulation   is reviewed.  The objectives of holding reserves, storage  rules,  market conditions, and evaluation of storage rules  in achieving  objectives are considered.  Major conclusions  are:  There is no  one optimal stocks policy; in future  models to analyze alternative stocks policies, the demand  portion heeds to incorporate a more thorough  demand-for-U.S.-exports component; future studies should  examine substitutability in demand for all food and feed  grains and oilseeds; supply, in addition to being  considered a function of stochastic yields, should also be  defined as a function of planted acres, where acreage  responds to market conditions and public farm programs; and  public vs. private control needs to be examined},
      url = {http://ageconsearch.umn.edu/record/307547},
      doi = {https://doi.org/10.22004/ag.econ.307547},
}