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Evaluation And Adjustment Of Usda Wasde Cotton Forecasts, David Tysinger
Evaluation And Adjustment Of Usda Wasde Cotton Forecasts, David Tysinger
All Theses
The dynamic and volatile nature of agricultural markets causes individuals to rely on forecasts in their decision-making. WASDE cotton forecasts are shown to be especially volatile as cotton is one of the most trade dependent commodities in the world. Therefore, its evaluation requires us to look beyond U.S. WASDE categories and evaluate forecasts for China and the World.
This study will use data from monthly WASDE balance sheets for upland cotton for the U.S, China and World over 1985/1986 through 2008/2009 including unpublished price forecasts. The results of this study will provide information that can be used to improve the …