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Supply Relationships in the South—What have we Learned?

Published online by Cambridge University Press:  28 April 2015

C. Richard Shumway
C. Richard Shumway*
Affiliation:
Department of Agricultural Economics, Texas A & M University
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Extract

Accurate estimation of the responsiveness of agricultural commodity supplies is vitally important. Government policy negotiations rely on supply estimates in predicting both commodity and intercommodity effects of changing programs and in anticipating their consequent social benefits and costs. Individual farmers and agribusiness firms need them and associated price predictions in making investment and production decisions.

Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 18 , Issue 1 , July 1986 , pp. 11 - 20
Copyright
Copyright © Southern Agricultural Economics Association 1986

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References

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