Corn and soybean prevented planting acres response to weather

Christopher N. Boyer, Eunchun Park and Seong D. Yun

Applied Economic Perspectives and Policy, 2023, vol. 45, issue 2, 970-983

Abstract: We determine how monthly precipitation and temperature before and during planting impacts US corn and soybean prevented planting acres using county‐level data from 1996 to 2019. Corn and soybean prevented planting acres were responsive to precipitation and temperature. Precipitation from January through May impacted corn prevented planting acres, but precipitation in May and June impacted soybean prevented planting acres. Additionally, higher average temperature in April decreased corn and soybean prevented planting acres. We find the cooler and wetter April and May months will increase the prevented planting acres. Results provide insight into how weather can impact prevented planting acres and indemnities.

Date: 2023
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https://doi.org/10.1002/aepp.13237

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Persistent link: https://EconPapers.repec.org/RePEc:wly:apecpp:v:45:y:2023:i:2:p:970-983

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