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Structure of Seasonal Supply and Demand in the Onion Market

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  • Jesse, Edward V.

Abstract

This study examines year-to-year price and output variation for three seasonal onion crops. Econometric models are developed and estimated for two disjoint time periods. The first period encompasses the crop years 1946/47-1958/59, when onion futures contracts were actively traded on the Chicago Mercantile Exchange; the second period, 1959/60-1969/70, covers years following futures trading. The results failed to divulge significant differences in the structure of supply and demand between the two periods. Observations for the combined period were subsequently used to quantify the seasonal supply-demand structure.

Suggested Citation

  • Jesse, Edward V., 1973. "Structure of Seasonal Supply and Demand in the Onion Market," Marketing Research Reports 313728, United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program.
  • Handle: RePEc:ags:uamsmr:313728
    DOI: 10.22004/ag.econ.313728
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    References listed on IDEAS

    as
    1. Daniel B. Suits & Susumu Koizumi, 1956. "The Dynamics of the Onion Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 38(2), pages 475-484.
    2. Shuffett, D. Milton, 1954. "The Demand and Price Structure for Selected Vegetables," Technical Bulletins 156858, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

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