A LINKED ANNUAL AND MONTHLY MODEL FOR FORECASTING ALFALFA HAY PRICES

Blake, Martin J.; Clevenger, Tom

doi:10.22004/ag.econ.32381

A LINKED ANNUAL AND MONTHLY MODEL FOR FORECASTING ALFALFA HAY PRICES

This article develops a model to forecast monthly alfalfa hay prices before the first harvest. This is done by linking an annual model, which forecasts the initial May price, with a system of monthly equations that track the monthly seasonal price pattern, given the forecasted May price.

Subject(s):

Crop Production/Industries
Demand and Price Analysis

Issue Date:

1984-07

Publication Type:

Journal Article

DOI and Other Identifiers:

10.22004/ag.econ.32381

Record Identifier:

https://ageconsearch.umn.edu/record/32381

PURL Identifier:

http://purl.umn.edu/32381