000			02373nam a2200253 a 4500
020			_a0870137514
020			_a9780870137518
082			_a332.6441 _bFER
100			_aFerris, John N. ;
245			_aAgricultural prices and commodity market analysis
260			_aEast Lansing, Mich. : _bMichigan State University Press, _c©2005.
300			_axviii, 361 p. : _billustrations ;
500			_aIncluded Index.
505			_a1. Introduction -- 2. Theoretical concepts of demand and supply -- 3. Measuring demand for domestic consumption -- 4. Measuring demands for storage, speculation, and exports -- 5. Measuring price spreads and derived demand for agricultural products and inputs -- 6. Measuring farm supply -- 7. Recursive and simultaneous supply-demand models -- 8. Building econometric/simulation models -- 9. Forecast evaluation -- 10. Stochastic modeling -- 11. Generating long-term projections and forecasts -- 12. Spatial commodity analysis and trade -- 13. Application of models to long-range planning and policy analysis -- 14. Seasonals -- 15. Commodity futures and options markets -- 16. Forward pricing with futures and options -- 17. Technical analysis -- 18. Time series models -- 19. Sources of agricultural data and market analysis.
520			_aThis book features the application of economic theory to agriculture and the food industry, using quantitative tools. The blend of theory and application is unique in detailing how demand and supply can be measured and how econometric simulation models may be constructed and evaluated. The volume focuses on forecasting and generating long-term projections as well as discussing the relatively unexplored area of stochastic modeling, which is critical in handling crop yield variability. Other topics covered in the text include agricultural policy analysis and futures/options markets. The role of time series models in improving structural equations and forecasting techniques provides a capstone for this book.
650			_aCommodity exchanges -- United States.
650			_aAgricultural prices -- United States -- Forecasting.
650			_aFarm produce -- United States -- Marketing.
650			_aAgricultural prices -- Forecasting.
650			_aCommodity exchanges.
650			_aFarm produce -- Marketing.
650			_aUnited States.
942			_cREF
999			_c12265 _d12265