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| Bazen, Ernest F.; Roberts, Roland K.; Travis, John; Larson, James A.. |
| Understanding the interactions between supply and demand for hay is important because of hay’s significance to the agricultural sector and economy, and because hay is an important crop on highly erodible soils. As an example, Tennessee has the most erodible cultivated cropland in the United States (Denton, 2000), nearly half of the state’s current CRP acreage contracts are set to expire in 2007 (U.S. Department of Agriculture, 2006), and hay is one of the most economically important crops produced in the state (U.S. Department of Agriculture, 2004). Cross (1999) attributed the upward trend in Tennessee hay acreage since 1980 to an increasing number of farmers who were searching for alternative production activities, such as hay, pasture and livestock, to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Acreage response; Derived demand; Elasticities; Hay; Inverse demand function; Price flexibilities; Yield response; Crop Production/Industries; Demand and Price Analysis; D. |
| Ano: 2008 |
URL: http://purl.umn.edu/6889 |
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