Program and Nonprogram Wheat Acreage Responses to Prices and Risk

Program and Nonprogram Wheat Acreage Responses to Prices and Risk

Wheat acreage responses to expected wheat price and price risk are reversed for program and nonprogram-planted acreage in the northern plains, central plains, southern plains, and U.S. Expected wheat price has a strong negative effect on program-complying wheat acreage. Government support prices hav...

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Bibliographic Details
Main Authors: Mark A. Krause, Jung-Hee Lee, Won W. Koo
Format: Article
Language:English
Published: Western Agricultural Economics Association 1995-07-01
Series:Journal of Agricultural and Resource Economics
Subjects:
censored regression
government programs
wheat acreage
Online Access:https://ageconsearch.umn.edu/record/30930

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