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Price Volatility in U.S. Agriculture: Implications for Cotton Producers

Michael R. Dicks


The yields of the most major U.S. crops (barley, corn, cotton. sorghum, soybeans and wheat) have demonstrated declining growth rates over the last five decades. In addition, most of these crops have experienced increased yield volatility. The elimination of most of the Federal supply management programs may induce greater land use shifts among crops and between cropland and other major land uses, greater yield volatility and greater price instability.

Reprinted from Proceedings of the 1998 Beltwide Cotton Conferences pp. 322 - 325
©National Cotton Council, Memphis TN

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Document last modified Sunday, Dec 6 1998