EVALUATING THE USE OF FUTURES PRICES TO FORECAST THE FARM LEVEL U.S. CORN PRICE
| dc.creator | Hoffman, Linwood A. | |
| dc.creator | Beachler, Michael | |
| dc.date | 2017-04-01T17:53:20Z | |
| dc.date.accessioned | 2026-07-09T03:32:10Z | |
| dc.description | A model is developed using bases, marketing weights, and a composite of monthly futures and cash prices to forecast a season-average U.S. farm price for corn. Forecast accuracy measures include the mean absolute percentage error and Theil's U-statistic. Futures forecasts are compared with a naïve forecast and WASDE projections. Futures price forecasts are timely and reliable. | |
| dc.identifier | doi:10.22004/ag.econ.20612 | |
| dc.identifier | https://ageconsearch.umn.edu/record/20612/files/sp01ho06.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/20612 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/534492 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/20612 | |
| dc.title | EVALUATING THE USE OF FUTURES PRICES TO FORECAST THE FARM LEVEL U.S. CORN PRICE | |
| dc.type | Text |