PRICE AND VALUE EFFECTS OF PECAN CROP FORECASTS, 1971-1987

Price equations incorporating USDA October crop forecasts and June pecan stocks provided reasonable formulations for pecan price explanation and forecasting. USDA crop forecasts exceeded final reported production in 12 of the 18 seasons from 1970 to 1987, probably resulting in slightly lower prices and crop values. Large crop forecast errors in both direction and level in 1986 and 1987 confounded the price determination process. Nevertheless, producer prices may have been lower absent the October crop forecasts, which somewhat reduce buyers' uncertainty regarding supply. Early crop estimates provided a better explanation of price behavior than postseason revised production data.Demand and Price Analysis,

PECAN SUPPLY FACTORS AND 1996/7 SEASON PRICE FORECASTS

Equations for forecasting US improved and native pecan prices were reasonably successful for one season ahead forecasts. USDA October pecan crop forecasts, June cold storage stocks, and a GNP price deflator were the explanatory variables. These variables are readily available early in the pecan harvesting season (September - December). Data in first differences appeared to explain price behavior and forecast better than data in levels. Forecasts for the 1996 season prices reflected 70 percent of the large drop in price from the 1995 season. Unprecedented carryin stocks may have been responsible for the larger than forecast drop in prices.Demand and Price Analysis,

PECAN PRODUCTION AND PRICE TRENDS 1979-1995

Pecan production, stocks, trade and prices are described. Data on tree nuts believed to compete with pecans are also presented. Pecan production and prices became more volatile in the early 1990's. Prices reached exceptionally high levels during five of the six years 1990-1995. US pecan imports have increased significantly since the mid-1980's and clearly exceed exports. Production, cold storage stocks, and inflation explained most of the year-to-year changes in season average pecan price levels in recent years.Demand and Price Analysis,

PECAN SUPPLY FACTORS AND 1995/6 SEASON PRICE FORECASTS

Demand and Price Analysis,

Solid propellant motor

A case bonded end burning solid propellant rocket motor is described. A propellant with sufficiently low modulus to avoid chamber buckling on cooling from cure and sufficiently high elongation to sustain the stresses induced without cracking is used. The propellant is zone cured within the motor case at high pressures equal to or approaching the pressure at which the motor will operate during combustion. A solid propellant motor with a burning time long enough that its spacecraft would be limited to a maximum acceleration of less than 1 g is provided by one version of the case bonded end burning solid propellant motor of the invention

Floating Exchange Rates after Ten years

macroeconomics, exchange rate

The relationship between linguistics and education

We need opportunities to bridge the gap between the practical experience of the teacher in the classroom and the linguist\u27s work on the mysteries of language learning

\u3ci\u3e Naughty or Nice \u3c/i\u3e

Charles Michael Dare put the cat down, and I mean do it now! Pesker-cat watched the kitty-litter gray carpet rush toward his face. Chuckie Dare shrugged his shoulders. Gee, Mom, I thought cats were always suppose to land on their feet