Forecasting the Counter-Cyclical Payment Rate for U.S. Corn: An Application of the Futures Price Forecasting Model

• 查看报告

英文名称：

Forecasting the Counter-Cyclical Payment Rate for U.S. Corn: An Application of the Futures Price Forecasting Model

作者：

Linwood Hoffman

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=36456

关键词：

Corn;  counter-cyclical payments;  marketing;  futures prices;  producer price received;  season-average price;  forecasting; 

年份：

2005

出版地：

Washington, DC, USA

总页数：

26 pp

语种：

English

摘要：

The 2002 Farm Act provides for counter-cyclical payments when prices are below specified levels. Producers and policy analysts have a need to forecast counter-cyclical payments to plan for these program benefits/outlays. A futures price forecasting model provides forecasts of the counter-cyclical payment rate for corn in conjunction with forecasts for the season-average price received.