Producer Ability to Forecast Harvest Corn and Soybean Prices

David E. Kenyon

Review of Agricultural Economics, 2001, vol. 23, issue 1, 151-162

Abstract: Harvest-price expectations for corn and soybeans were obtained in January and February each year from 1991–1998. Producer expectations on average missed actualcorn and soybean prices by $0.41 and $0.67 per bushel, respectively. Producer price expectations each year had a range of over $1.00 per bushelfor both crops. Producer price distributions were skewed toward higher prices, and they consistently underestimated the probability of large price changes from January until harvest.

Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://hdl.handle.net/10.1111/1058-7195.00051 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:revage:v:23:y:2001:i:1:p:151-162.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

More articles in Review of Agricultural Economics from Agricultural and Applied Economics Association Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ( this e-mail address is bad, please contact ) and Christopher F. Baum ().