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Price Relationships for Frozen Apples and Tart Cherries

Published online by Cambridge University Press:  10 May 2017

Stanley R. Thompson  and
Leslie J. Butler
Stanley R. Thompson
Affiliation:
Department of Agricultural Economics, Michigan State University
Leslie J. Butler
Affiliation:
Department of Agricultural Economics, Michigan State University
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Extremely volatile price behavior is characteristic of the markets for apples and cherries. Unstable price behavior makes it particularly difficult for the industry to accurately anticipate future prices. Accordingly, uncertainty regarding the nature of the price determination forces can lead to serious marketing inefficiencies. To enable more effective production and marketing decisions, improved price forecasting methods are needed. Thus, the purpose of this paper is to examine the nature of the price structure within the apple and cherry industries by suggesting an appropriate analytical model and empirically evaluating its performance.

Type
Resource Economics
Information
Journal of the Northeastern Agricultural Economics Council , Volume 6 , Issue 2 , October 1977 , pp. 147 - 156
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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Footnotes

*

Michigan Agricultural Experiment Station Journal Article No. 8181.

References

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