Kansas grain supply response to economic and biophysical changes

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dc.contributor.author Boussios, David
dc.date.accessioned 2012-04-10T17:18:22Z
dc.date.available 2012-04-10T17:18:22Z
dc.date.issued 2012-04-10
dc.identifier.uri http://hdl.handle.net/2097/13594
dc.description.abstract This research identifies and quantifies the impact of biophysical and economic variables on Kansas crop acreage and yields for the period 1977- 2007. Due to long production time requirements, agricultural producers must make vital decisions with imperfect information, based on expectations of future agronomic and economic conditions. This research analyzes the impact of price, climate, and yield expectations on crop acreage allocations and yield responses for the four major commodities produced in Kansas: corn, soybeans, wheat, and grain sorghum (milo). By modeling and analyzing both biophysical and economic variables, total supply response can be estimated for potential future changes in prices, yields, climate, and weather outcomes. The analysis of both biophysical and economic conditions allows for the estimation of supply response in the short and long run. The results provide updated, more precise results than previous research, which has often separated acreage and yield response. en_US
dc.description.sponsorship The State of Kansas en_US
dc.language.iso en_US en_US
dc.publisher Kansas State University en
dc.subject Agricultural supply en_US
dc.subject Kansas en_US
dc.subject Grain en_US
dc.subject Commodity en_US
dc.subject Acreage response en_US
dc.subject Yield response en_US
dc.title Kansas grain supply response to economic and biophysical changes en_US
dc.type Thesis en_US
dc.description.degree Master of Science en_US
dc.description.level Masters en_US
dc.description.department Department of Agricultural Economics en_US
dc.description.advisor Andrew Barkley en_US
dc.subject.umi Agriculture, General (0473) en_US
dc.subject.umi Economics (0501) en_US
dc.subject.umi Economics, Agricultural (0503) en_US
dc.date.published 2012 en_US
dc.date.graduationmonth May en_US

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