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In recent years, the wheat sector in Brazil has moved from governmental protection and public intervention to a free market and privatization. In this study, those changes are analyzed through measures of governmental intervention on nominal rates of protection and on welfare of producers and...
Persistent link: https://www.econbiz.de/10011069283
A system dynamics computer simulation model called GRAIN1 can be used to analyze public policy alternatives in the agricultural economy. American farm policy has been aimed at controlling commodity productions cyclic processes faced with many uncertainties. A systems approach such as GRAIN1,...
Persistent link: https://www.econbiz.de/10010919611
In 1969, formula feed manufacturers utilized 23.1 percent of all the feed grains and wheat fed to livestock. Estimates of aggregate demand by the mixed feed ind.:-stry for corn, oats, barley, grain sorghum, and wheat are presented. As expected, all of the feed grains have elastic demands. Grain...
Persistent link: https://www.econbiz.de/10010919764