IDEAS home Printed from https://ideas.repec.org/p/ags/aaea87/269981.html
   My bibliography  Save this paper

Effects Of Public Stock.Holding Programs Upon Grain Stock Enhancement

Author

Listed:
  • Hoffman, Linwood
  • Glauber, Joseph

Abstract

Effects of public grain stocks upon total stock enhancement were estimated for wheat and feed grains, 1973-85. Results indicate that government stocks have had a small or negligible effect upon enhancement of total carryover stocks of grain. The substitution effects ranged from 0.66 bushels for sorghum to 0.86 for barley.

Suggested Citation

  • Hoffman, Linwood & Glauber, Joseph, 1987. "Effects Of Public Stock.Holding Programs Upon Grain Stock Enhancement," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269981, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea87:269981
    DOI: 10.22004/ag.econ.269981
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/269981/files/aaea-1987-082.pdf
    Download Restriction: no
    File URL: https://ageconsearch.umn.edu/record/269981/files/aaea-1987-082.pdf?subformat=pdfa
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.269981?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. William H. Meyers & Mary E. Ryan, 1981. "The Farmer-Owned Reserve: How Is the Experiment Working?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(2), pages 316-323.
    2. Peter Helmberger & Rob Weaver, 1977. "Welfare Implications of Commodity Storage under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(4), pages 639-651.
    3. Meyers, William H. & Ryan, Mary E., 1981. "The Farmer-Owned Reserve: How is the Experiment Working?," Staff General Research Papers Archive 10860, Iowa State University, Department of Economics.
    4. Wright, Brian D & Williams, Jeffrey C, 1982. "The Economic Role of Commodity Storage," Economic Journal, Royal Economic Society, vol. 92(367), pages 596-614, September.
    5. Brian D. Wright & Jeffrey C. Williams, 1984. "The Welfare Effects of the Introduction of Storage," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(1), pages 169-192.
    6. Plato, Gerald & Gordon, Douglas, 1983. "Dynamic Programming and the Economics of Optimal Grain Storage," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 35(1), pages 1-13, January.
    7. Jerry A. Sharples & Forrest D. Holland, 1981. "Impact of the Farmer-Owned Reserve on Privately Owned Wheat Stocks," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(3), pages 538-543.
    8. Salant, Stephen W, 1983. "The Vulnerability of Price Stabilization Schemes to Speculative Attack," Journal of Political Economy, University of Chicago Press, vol. 91(1), pages 1-38, February.
    9. Larry Salathe & J. Michael Price & David E. Banker, 1984. "An Analysis of the Farmer-Owned Reserve Program, 1977–82," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(1), pages 1-11.
    10. Ruppel, Fred J., 1985. "Outstanding Export Sales And The - Demand For Ending Stocks: An Empirical Connection," 1985 Annual Meeting, August 4-7, Ames, Iowa 278582, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lin, William & Glauber, Joseph & Hoffman, Linwood, 1985. "Short-Run Effects Of The Farmer-Owned Reserve Program On Grain Price Enhancement And Stabilization," 1985 Annual Meeting, August 4-7, Ames, Iowa 278653, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Smyth, Donald Craig, 1985. "Economic impacts of the Farmer-Owned Reserve program on the U.S. corn-livestock sector," ISU General Staff Papers 1985010108000013104, Iowa State University, Department of Economics.
    3. Lin, William & Glauber, Joseph & Hoffman, Linwood & Collins, Keith & Evans, Sam, 1985. "The Farmer-Owned Reserve Release Mechanism And State Grain Prices," Staff Reports 277799, United States Department of Agriculture, Economic Research Service.
    4. Glauber, Joseph W. & Miranda, Mario J., 1986. "A Rational Expectations Model Of Inventory Holding Under Risk And Uncertainty," 1986 Annual Meeting, July 27-30, Reno, Nevada 278113, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Donald F. Larson & Julian Lampietti & Christophe Gouel & Carlo Cafiero & John Roberts, 2014. "Food Security and Storage in the Middle East and North Africa," The World Bank Economic Review, World Bank, vol. 28(1), pages 48-73.
    6. Christophe Gouel, 2013. "Comparing Numerical Methods for Solving the Competitive Storage Model," Computational Economics, Springer;Society for Computational Economics, vol. 41(2), pages 267-295, February.
    7. Hoffman, Linwood & Glauber, Joseph & Lin, William, 1986. "Effects Of The Farmer—Owned Grain Reserve Upon State—U.S. Grain Price Differentials ," 1986 Annual Meeting, July 27-30, Reno, Nevada 278082, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Glauber, Joseph W. & Harwood, Joy L. & Miranda, Mario J., 1989. "Federal Crop Insurance and the 1990 Farm Bill: An Assessment of Program Options," Staff Reports 278249, United States Department of Agriculture, Economic Research Service.
    9. Diagne, Youssoupha S & Fall, Alsim, 2009. "La spéculation contribue- t- elle à expliquer la dynamique des prix des produits alimentaires au Sénégal ? [Does speculation explain food prices movements in Senegal?]," MPRA Paper 54880, University Library of Munich, Germany.
    10. Guerra Vallejos, Ernesto & Bobenrieth Hochfarber, Eugenio & Bobenrieth Hochfarber, Juan & Wright, Brian D., 2021. "Solving dynamic stochastic models with multiple occasionally binding constraints," Economic Modelling, Elsevier, vol. 105(C).
    11. Durmaz, Tunç, 2016. "Precautionary Storage in Electricity Markets," Discussion Papers 2016/5, Norwegian School of Economics, Department of Business and Management Science.
    12. Quemin, Simon & Trotignon, Raphaël, 2021. "Emissions trading with rolling horizons," Journal of Economic Dynamics and Control, Elsevier, vol. 125(C).
    13. Makki, Shiva S. & Tweeten, Luther G. & Miranda, Mario J., 2001. "Storage-trade interactions under uncertainty: Implications for food security," Journal of Policy Modeling, Elsevier, vol. 23(2), pages 127-140, February.
    14. Shigeru Akiyama & Masahiro Kawai, 1985. "Welfare implications of commodity price stabilization with partially flexible production, private storage and buffer-stock costs," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 121(2), pages 261-279, June.
    15. Lim, G.C. & McNelis, Paul D., 2008. "Computational Macroeconomics for the Open Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262123061, April.
    16. Brian D. Wright, 2012. "International Grain Reserves And Other Instruments to Address Volatility in Grain Markets," The World Bank Research Observer, World Bank, vol. 27(2), pages 222-260, August.
    17. Duffy, Patricia A. & Richardson, James W. & Smith, Edward G., 1986. "Effects of Alternative Farm Programs and Levels of Price Variability on Texas Cotton Farms," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(2), pages 97-106, December.
    18. Sophie Mitra & Jean‐Marc Boussard, 2012. "A simple model of endogenous agricultural commodity price fluctuations with storage," Agricultural Economics, International Association of Agricultural Economists, vol. 43(1), pages 1-15, January.
    19. Simmons, Phil, 1988. "A Theoretical Discussion Of The Economic Effects Of Buffer Stocks And Buffer Funds," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 32(2-3), pages 1-13, August.
    20. Nicolas Legrand, 2019. "The Empirical Merit Of Structural Explanations Of Commodity Price Volatility: Review And Perspectives," Journal of Economic Surveys, Wiley Blackwell, vol. 33(2), pages 639-664, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea87:269981. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.aaea.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.