Transportation Changes Increase Risks for Country Elevators

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2015-08-27
Authors
Baumel, C. Phillip
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Center for Agricultural and Rural Development

The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.

CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.

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Farmers face increasing price and output risk. The increased price risk stems from the reduction in and eventual elimination of flexible government payments, increased volatility in grain purchases by importing countries and virtual worldwide elimination of grain reserves. Increased output risk comes from changing weather patterns and elimination of government constraints on acres planted in certain crops.

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