Implications of Alternative Moving Average Loan Rates
James A. Langley and
J. Michael Price
No 307994, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service
Abstract:
Setting flexible loan rates on the basis of a "weighted moving average of past market prices allows loan rates to adjust to changes in market trends, yet provides a safety net to farmers. Choice of the particular weight used and the combination of target price and acreage control programs in effect are important to the operation of the rule.
Keywords: Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Marketing; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 39
Date: 1985-08
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307994
DOI: 10.22004/ag.econ.307994
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