A recursive, monthly price forecasting model for live; cattle serves as a basis for applying decision theory to speculation in cattle futures. The distribution of predicted futures prices is obtained from the standard error of the forecast of the cash price forecasting model in conjunction with...

Books reviewed: "Economic Organization of Agriculture"; "Economics of Agricultural Production and Resource Use"; "The Politics of Agriculture"; "The Land System in Palestine"

Comparisons are here made of different methods of estimating the number of cherry trees in a survey of commercial orchards. The author also discusses some problems encountered in the use of lists and gives a comparison of costs when the mailed questionnaire and the interview sample of...

Farm electrification has become a major economic development in American agriculture. Studies of the uses that farmers are making of electric power have been completed or are in progress in nine areas from Georgia to Washington State. Preliminary comparisons of the findings in different areas...

Sound statistics are basic to the effective operation of any industry. This article tells of improvements which the Turkish Government is making in its statistics on agriculture through the use of techniques that have been demonstrated in the United States.

Prediction in production economics helps individuals and groups to make choices among the uses of resources. Prediction is usually mad by using a sample drawn from a population in which the variables quantities, or parameters to be estimated are already in existence. But in many situations with...

This paper presents a further modification of linear programming technique which, provides the basis for the calculation of average cost curves. The procedure followed is similar to variable resource programming. Returns are maximized with respect to the output of a particular product as output...