Unstable Farm Prices: Economic Consequences and Policy Options

K.L. Robinson

No 284106, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The external environment confronting both farmers and policymakers obviously has changed dramatically over the past 3 years. Grain surpluses in the hands of the government have disappeared~ drought has cut crop production in several important areas, and the news media have rediscovered the fact that a high proportion of the world's population subsists on diets which even in good crop years are-only marginally adequate. In the U, S., food prices, and especially the prices of grains, have risen to levels thought highly improbable only 3 or 4 years ago. Does the new environment call for equally dramatic shifts in policy? This is the question I have been asked to discuss.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 26
Date: 1975-08
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284106

DOI: 10.22004/ag.econ.284106

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