Using 1971-2000 data, we examine the accuracy of corn and soybean production forecasts provided by the USDA and two … and unbiased. The relative forecast accuracy of the agencies varied by crop and month. For corn, USDA’s forecasts ranked … private agencies. All agencies improved their forecasts as the harvest progressed, and forecast errors were highly correlated …

Using 1971-2000 data, we examine the accuracy of corn and soybean production forecasts provided by the USDA and two … and unbiased. The relative forecast accuracy of the agencies varied by crop and month. For corn, USDA’s forecasts ranked … private agencies. All agencies improved their forecasts as the harvest progressed, and forecast errors were highly correlated …

This study sought to determine whether monthly revisions of U.S. Department of Agriculture current-year corn and … soybean yield forecasts are correlated and whether this correlation is associated with crop size. An ex-ante measure of crop … Nordhaus framework for fixed-event forecasts. Results show that available information about crop size is generally efficiently …