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Economic Impacts of Increased Price Variability: A Case Study with Rice

Author

Listed:
  • Grant, W. R.
  • Richardson, J. W.
  • Brorsen, B. Wade
  • Rister, M. E.

Abstract

This article investigates the Impacts on the rice industry of increased price variability caused by the shift from stable economic conditions and a farm policy of supply control m the sixties to more variable economic conditions and a market-oriented farm policy in the seventies, The increased price variability associated with these changes has significantly Increased marketing margins for rice These policy and economic changes reduce the probability that Texas rice producers Will remain solvent for 10 years

Suggested Citation

  • Grant, W. R. & Richardson, J. W. & Brorsen, B. Wade & Rister, M. E., 1984. "Economic Impacts of Increased Price Variability: A Case Study with Rice," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 36(4), pages 1-11.
    • Handle: RePEc:ags:uersja:149112
    DOI: 10.22004/ag.econ.149112
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    Cited by:

    1. Krause, Joyce Hall & Brorsen, B. Wade, 1995. "Outcomes of government corn support policies under alternate assumptions of risk," Journal of Policy Modeling, Elsevier, vol. 17(3), pages 279-291, June.
    2. Hansen, J. W., 1996. "Is agricultural sustainability a useful concept?," Agricultural Systems, Elsevier, vol. 50(2), pages 117-143.
    3. Milton S. Boyd & B. Wade Brorsen & Warren R. Grant, 1987. "Soybean crushing margins and risk," Agribusiness, John Wiley & Sons, Ltd., vol. 3(2), pages 235-239.
    4. Wackernagel, Rick, 1998. "Potential Economic Impacts Of The Northeast Interstate Dairy Compact On Vermont Dairy Farms," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(1), pages 1-10, April.
    5. Griffith, Garry R. & Moore, Walter B., 1991. "Livestock Production Policies And Meat Processing Margins: The Case Of New Zealand, 1967-1988," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(1), pages 1-28, April.

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