Farmers' Use of Normal Flex Acres: A Glimpse of the Future

Brian Willott, Gary Adams and Robert Young

No 285659, 1981-1999 Conference Archive from NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management

Abstract: Given the new direction of farm policy, farmers in the future will be less constrained in making their planting decisions. This paper shows how farmers respond to market signals in allocating flex acres. By examining the five years of data that exist, researchers will begin to understand how producers may react when planting for the market prices and not for government subsidies. The estimated elasticities are much higher than those found in other studies.

Keywords: Marketing (search for similar items in EconPapers)
Date: 1996-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nc8191:285659

DOI: 10.22004/ag.econ.285659

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