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Grain Exports as a Source of Agricultural Instability

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  • Trapp, James N.
  • Thompson, Stanley R.

Abstract

Numerous recent articles have dealt with causes and implications of domestic agricultural market instability [2, 3, 4, 7]. In these articles large, unexpected and erratic grain exports since 1972 are hypothesized to be a primary contributor to recent agricultural market instability. More specifically, Seevers [4] and others have stated that recent severe instability in agriculture markets began in late 1972 with a combination of increased export demand and strong domestic economic expansion. These analyses have largely based their conclusions upon intuition rather than a thorough empirical investigation.

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  • Trapp, James N. & Thompson, Stanley R., 1977. "Grain Exports as a Source of Agricultural Instability," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 9(1), pages 197-205, July.
    • Handle: RePEc:cup:jagaec:v:9:y:1977:i:01:p:197-205_01
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    References listed on IDEAS

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    1. K. L. Robinson, 1975. "Unstable Farm Prices: Economic Consequences and Policy Options," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(5), pages 769-777.
    2. D. Gale Johnson, 1975. "World Agriculture, Commodity Policy, and Price Variability," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(5), pages 823-828.
    3. Gary L. Seevers, 1976. "Food Policy: Implications for the Food Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 270-276.
    4. Robinson, K.L., 1975. "Unstable Farm Prices: Economic Consequences and Policy Options," 1975 Annual Meeting, August 10-13, Columbus, Ohio 284106, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. J. P. Houck & M. E. Ryan, 1972. "Supply Analysis for Corn in the United States: The Impact of Changing Government Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 184-191.
    6. Houck, James P. & Ryan, Mary E., 1972. "Supply Analysis For Corn In The United States: The Impact Of Changing Government Programs," Staff Papers 13554, University of Minnesota, Department of Applied Economics.
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