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1984•RePEc: Research Papers in EconomicsOpen access

A LINKED ANNUAL AND MONTHLY MODEL FOR FORECASTING ALFALFA HAY PRICES

Martin Blake, Tom Clevenger, Blake, Martin J., Clevenger, Tom

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Abstract

This article develops a model to forecast monthly alfalfa hay prices before the first harvest. This is done by linking an annual model, which forecasts the initial May price, with a system of monthly equations that track the monthly seasonal price pattern, given the forecasted May price.

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What this paper is about

This article develops a model to forecast monthly alfalfa hay prices before the first harvest. This is done by linking an annual model, which forecasts the initial May price, with a system of monthly equations that track the monthly seasonal price pattern, given the forecasted May price.

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OpenAlex reports 21 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

This article develops a model to forecast monthly alfalfa hay prices before the first harvest. This is done by linking an annual model, which forecasts the initial May price, with a system of monthly equations that track the monthly seasonal price pattern, given the forecasted May price.

Key concepts: Hay, Negotiation, Alfalfa hay, Agricultural economics, Cash, Business, Harvest season, Economics

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