The Dynamics of Agricultural Commodities and Their Responses to Disruptions of Considerable Magnitude

  • Conrad Stephen H. (Sandia National Laboratories)
  • 발행 : 2005.05.31

초록

An agricultural commodity production cycle model consisting of corn, beef, and dairy sectors was constructed for the purpose of exploring the propagating effects of large-scale disruptive events. In an initial proof-of-concept exercise, we considered an agricultural disruption scenario in which foot-and-mouth disease (FMD) is introduced into the U.S., causing a large-scale outbreak of the disease in both beef and dairy cattle. The magnitude of disruption to the beef and dairy sectors are presented under the existing W response policy and then improvements under two alternative policies are shown.

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