Prediction of Dry-Land Crop Yields Using Rainfall

Hovav Talpaz, Chang Hao Chun and C. Robert Taylor

Journal of Agricultural and Applied Economics, 1977, vol. 9, issue 1, 115-121

Abstract: A significant component of risk in agricultural production systems is yield variability. The ability to predict yield and thus reduce risk would have many potential benefits to both individual decision makers and society. For example, in farm planning, quality crop yield forecasts could be crucial in making decisions on optimal crop combinations. At the aggregate level, an example where a yield forecast would have obvious benefits would be cases in which government manages a grain buffer stock.

Date: 1977
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