Economics Research Institute Study Paper
Utah State University Department of Economics
An analysis is conducted to determine if USDA forecasts of beef and pork production and supply have improved over time (1982-96). Beef production and supply forecasts have improved during the study period, but pork has not. The results are consistent with findings that the variability in beef prices has decreased, but the variability in pork prices has not.
Bailey, DeeVon, "Trends in the Accuracy of USDA Production Forecasts For Beef and Pork" (1997). Economic Research Institute Study Papers. Paper 127.