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Agricultural Prices and Commodity Market Analysis

Agricultural Prices and Commodity Market Analysis - 05 edition

ISBN13: 978-0870137518

Cover of Agricultural Prices and Commodity Market Analysis 05 (ISBN 978-0870137518)
ISBN13: 978-0870137518
ISBN10: 0870137514
Cover type:
Edition/Copyright: 05
Publisher: Michigan State University Press
Published: 2005
International: No

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Agricultural Prices and Commodity Market Analysis - 05 edition

ISBN13: 978-0870137518

John N. Ferris

ISBN13: 978-0870137518
ISBN10: 0870137514
Cover type:
Edition/Copyright: 05
Publisher: Michigan State University Press

Published: 2005
International: No
Summary

Agricultural Prices and Commodity Market Analysis discusses the application of economic theory to agriculture and the food industry using quantitative tools. The blend of theory and application is unique in detailing how demand and supply can be measured and how econometric simulation models can be constructed and evaluated. This revised edition focuses on forecasting and generating long-term projections as well as discussing the relatively unexplored areas of stochastic modeling which is critical in handling crop yield variability. Other topics covered include agricultural policy analysis and futures/options markets. The role of time series models in improving structural equations and forecasting techniques provides a capstone.

Author Bio

John N. (Jake) Ferris is a professor emeritus in the Department of Agricultural Economics at Michigan State University.

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