Economic Impacts of  Increased Price Variability: A Case Study with Rice

Grant, W. R.; Richardson, J. W.; Brorsen, B. Wade; Rister, M. E.

Economic Impacts of Increased Price Variability: A Case Study with Rice

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Descripción

This article investigates the Impacts on the rice industry of increased price variability caused by the shift from stable economic conditions and a farm policy of supply control m the sixties to more variable economic conditions and a market-oriented farm policy in the seventies, The increased price variability associated with these changes has significantly Increased marketing margins for rice These policy and economic changes reduce the probability that Texas rice producers Will remain solvent for 10 years