Section 4
Chapter 3,132

Evaluation of extension and USDA price and production forecasts

Kastens, T.L.; Schroeder, T.C.; Plain, R.

Journal of Agricultural and Resource Economics 23(1): 244-261


ISSN/ISBN: 1068-5502
DOI: 10.2307/40986979
Accession: 003131753

This study examines the accuracy of production and price forecasts constructed from those provided by respondents to the American Agricultural Economics Association's Annual Outlook Survey over the period 1983-95. Both composite (simple average) forecasts constructed from all respondents (557 responses from 201 unique respondents) and forecasts by extension respondents (university outlook economists responsible for forecasting those series) are examined.

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