Nivens, Heather D.; Kastens, Terry L.; Dhuyvetter, Kevin C. - NCR-134 Conference on Applied Commodity Price Analysis, … - 2000
sensed data into a net farm income projection model. Using in-sample regressions, satellite imagery appears to increase …-of-sample framework, the satellite imagery appeared to statistically improve only 8 of the 81 models (9 crop reporting districts by 9 … forecasting horizons) estimated. Moreover, 41 of the 81 models were statistically better without the satellite imagery data. This …