AN APPLICATION OF RISK ANALYSIS: LOCALIZED CORN AND SOYBEAN PRICE DISTRIBUTIONS

Ward Nefstead

No 21774, 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper examines the spatial elements of marketing grain. The decision of " where" to market has been ignored due to data limitations and lack of necessity. The author will incorporate localized probability distributions of price/basis in an Excel spreadsheet using @RISK which will evaluate marketing decisions for producers.

Keywords: Crop Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 13
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea00:21774

DOI: 10.22004/ag.econ.21774

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