Program and Nonprogram Wheat Acreage Responses to Prices and Risk

Wheat acreage responses to expected wheat price and price risk are reversed for program and nonprogram-planted acreage in the northern plains, central plains, southern plains, and U.S. Expected wheat price has a strong negative effect on program-complying wheat acreage. Government support prices hav...

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Bibliographic Details
Main Authors: Mark A. Krause, Jung-Hee Lee, Won W. Koo
Format: Article
Language:English
Published: Western Agricultural Economics Association 1995-07-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30930