{"title":"极端天气对密西西比河下游农村交通基础设施和农作物价格的影响","authors":"James L. Mitchell, Hunter D. Biram","doi":"10.1002/aepp.13511","DOIUrl":null,"url":null,"abstract":"<p>Extreme weather events are worsening the fragile rural infrastructure in the United States, impacting trade flows of agricultural products. The Mississippi River, vital for transporting agricultural commodities, reached historic lows during the 2022 and 2023 fall harvests, increasing transportation costs and lowering crop prices. This paper estimates the cost of these drought events by analyzing Arkansas soybean basis data and Mississippi River stream gauge data. Low river levels significantly weaken soybean prices, with the impact being a function of a grain market's distance to a river port. Findings have implications for public policy investment in rural infrastructure and risk management strategies.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"47 3","pages":"1139-1161"},"PeriodicalIF":3.3000,"publicationDate":"2025-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/aepp.13511","citationCount":"0","resultStr":"{\"title\":\"The effects of extreme weather on rural transportation infrastructure and crop prices along the Lower Mississippi River\",\"authors\":\"James L. Mitchell, Hunter D. Biram\",\"doi\":\"10.1002/aepp.13511\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>Extreme weather events are worsening the fragile rural infrastructure in the United States, impacting trade flows of agricultural products. The Mississippi River, vital for transporting agricultural commodities, reached historic lows during the 2022 and 2023 fall harvests, increasing transportation costs and lowering crop prices. This paper estimates the cost of these drought events by analyzing Arkansas soybean basis data and Mississippi River stream gauge data. Low river levels significantly weaken soybean prices, with the impact being a function of a grain market's distance to a river port. Findings have implications for public policy investment in rural infrastructure and risk management strategies.</p>\",\"PeriodicalId\":8004,\"journal\":{\"name\":\"Applied Economic Perspectives and Policy\",\"volume\":\"47 3\",\"pages\":\"1139-1161\"},\"PeriodicalIF\":3.3000,\"publicationDate\":\"2025-03-03\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://onlinelibrary.wiley.com/doi/epdf/10.1002/aepp.13511\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Applied Economic Perspectives and Policy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1002/aepp.13511\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"AGRICULTURAL ECONOMICS & POLICY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Applied Economic Perspectives and Policy","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/aepp.13511","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
The effects of extreme weather on rural transportation infrastructure and crop prices along the Lower Mississippi River
Extreme weather events are worsening the fragile rural infrastructure in the United States, impacting trade flows of agricultural products. The Mississippi River, vital for transporting agricultural commodities, reached historic lows during the 2022 and 2023 fall harvests, increasing transportation costs and lowering crop prices. This paper estimates the cost of these drought events by analyzing Arkansas soybean basis data and Mississippi River stream gauge data. Low river levels significantly weaken soybean prices, with the impact being a function of a grain market's distance to a river port. Findings have implications for public policy investment in rural infrastructure and risk management strategies.
期刊介绍:
Applied Economic Perspectives and Policy provides a forum to address contemporary and emerging policy issues within an economic framework that informs the decision-making and policy-making community.
AEPP welcomes submissions related to the economics of public policy themes associated with agriculture; animal, plant, and human health; energy; environment; food and consumer behavior; international development; natural hazards; natural resources; population and migration; and regional and rural development.