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-revenu...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Western Agricultural Economics Association
1996-12-01
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| Series: | Journal of Agricultural and Resource Economics |
| Subjects: | |
| Online Access: | https://ageconsearch.umn.edu/record/31028 |
| Summary: | 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. |
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| ISSN: | 1068-5502 2327-8285 |