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Conditional Market Forecasts and Implications for the U.S. Soybean Economy

Author

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  • Matthews, Jimmy L.

Abstract

Implications of dollar devaluation, short supplies of competing high protein feeds and soybean exports to the Soviet Union for the U.S. soybean economy in 1972/73 are explored with an econometric model. Incremental impacts of these variables along with many factors affecting the U.S. soybean economy are identified and discussed. Ramifications of recent events are extended to the 1973/74 and 1977/78 crop years for soybeans. Conditional market forecasts shown for these years indicate the most likely course of events but alternative forecasts could be derived by altering the basic assumptions.

Suggested Citation

  • Matthews, Jimmy L., 1973. "Conditional Market Forecasts and Implications for the U.S. Soybean Economy," Miscellaneous Publications 324757, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:324757
    DOI: 10.22004/ag.econ.324757
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    File URL: https://ageconsearch.umn.edu/record/324757/files/ERS-529.pdf
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    Cited by:

    1. Gadson, Kenneth E. & Price, J. Michael & Salathe, Larry E., 1982. "Food And Agricultural Policy Simulator (Fapsim): Structural Equations And Variable Definitions," Staff Reports 276743, United States Department of Agriculture, Economic Research Service.
    2. Santana, Carlos Augusto M. & Adams, Richard M., 1981. "Projected Cropland Requirements And Land Availability For Major U.S. Production Regions," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(1), pages 1-14, July.

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