Data/hora: 08/06/2024 17:21:38

Provedor de dados: 	Research in Agricultural & Applied Economics (AgEcon Searh)	
País: 	United States	
Título: 	AN ANALYSIS OF THE ROLE OF FUTURES PRICES, CASH PRICES AND GOVERNMENT PROGRAMS IN ACREAGE RESPONSE	
Autores: 	Chavas,   Jean-Paul; Pope,   Rulon D.; Kao,   Robert S.	
Data: 	2003-12-30	
Ano: 	1983	
Palavras-chave: 	Crop Production/Industries.	
Resumo: 	An integrated investigation of futures price, cash price, and government programs is presented in the context of an econometric model of acreage supply response for U.S. corn and soybeans.  The analysis refines the role of different sources of price information in the farmers' acreage decision.  It is found that the government corn support price program plays a major role in corn and soybean production decisions.  Also, the results indicate that futures prices are not good proxies for expected future cash prices in the presence of government programs.  This raises questions about the information efficiency of futures prices when government intervenes in the market place.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	12037

http://purl.umn.edu/32481	
Editor: 	AgEcon Search	
Relação: 	Western Journal of Agricultural Economics&gt;Volume 08, Number 01, July 1983	
Formato: 	7

application/pdf