Short-Run Corn- Soybean Production Decisions with Variable Energy and Product Prices

D. Lynn Forster and Norman Rask

No 284066, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Midwestern corn-soybean fanners have approached the past row planting seasons facing input and output price relationships not previously experienced. These new relationships add complexity to short-run production decisions as the planting season draws near. Decisions must be made. concerning fertilization rates and. proportions of com and soybeans to plant; furthermore, delays in the decisions are extreme1y costly due to the timeliness penalty associated with late plantings. These pew price relationships and the forced action situation facing decision makers have created renewed interest in the impact of variable prices on input levels and output mix.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 14
Date: 1975-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284066

DOI: 10.22004/ag.econ.284066

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