Agricultural Price Swings and Iowa’s Economy
Date
Authors
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Authors
Research Projects
Organizational Units
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.
Journal Issue
Is Version Of
Versions
Series
Department
Abstract
Over the past few months, we have seen tremendous variability in commodity prices. Soybean futures prices have increased by roughly 50 percent since mid-July, spurred on by lower-thanexpected production and an evertightening supply. Cattle futures prices have fallen by nearly 20 percent since the announcement of the bovine spongiform encephalopathy (BSE) case in Washington. But what do these price swings mean for Iowa’s agricultural and overall state economy?