The proper size and location of corn stabilization stocks

Date
2017-06-07
Authors
Shepherd, Geoffrey
Paterson, David
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Altmetrics
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Extension and Experiment Station Publications
Abstract

The Commodity Credit Corporation has been endeavoring to stabilize the supplies and prices of the staple crops by extensive storage operations. Two problems arise in connection with its program for corn - the tendency for stocks of corn to grow larger than necessary for stabilization purposes, and the tendency for the stocks to be heavily concentrated in certain producing areas. The questions this bulletin is intended to answer are: (1) What should be the outside limits of the size of the stabilization stocks of corn? (2) Where should the stocks be located; should they be concentrated in a few states, or spread over the Corn Belt?

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