Staff

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Wyatt Thompson  
 

Recent Publications:

2024 U.S. Agricultural Market Outlook

March 19, 2024

FAPRI-MU Report #01-24 presents a summary of 10-year baseline projections for U.S. agricultural markets,...

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Inferring Impacts of Weather Extremes on the US Crop Transportation Network

January 12, 2024

USDA AMS Final Report: Basis spread between the prices at collection points in the...

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Wyatt Thompson

Professor

 ThompsonW@missouri.edu

Areas of Expertise:

  • Agricultural Markets and Policies
  • Biofuel Markets and Policies

About Wyatt

Wyatt Thompson is a professor of Agricultural and Applied Economics. He joined FAPRI-MU in 2006 to work on biofuel markets and policies, agricultural policies, and trade. Before joining the team, he worked at the Organization for Economic Cooperation and Development in Paris, France, analyzing export competition policies, measuring agricultural policy support, and assessing market impacts of policies, particularly those of the European Union, Mexico, and the United States. He also worked on similar topics at the Policy Research Institute of the Ministry of Agriculture, Forestry, and Fisheries in Tokyo, Japan, as a research fellow of the Japan Society for the Promotion of Science. During a sabbatical from MU, he spent a year at the Office of the Chief Economist of the U.S. Department of Agriculture. He earned his BS and MS in Economics at Washington University, St. Louis, and his PhD in Agricultural Economics at the University of Missouri.

Outside Publications

  • Lee, Meongsu, Patrick Westhoff, & Wyatt Thompson. “The United States-China Trade War and Impact on the Post Conservation Reserve Program Land Allocation.” Journal of Agricultural and Applied Economics. Forthcoming, 2023.
  • Ben Brown & Wyatt Thompson. “Weather Extremes, Infrastructure, and Its Impacts on U.S. Corn and Soybean Basis Levels.” Report to Agricultural Marketing Service, U.S. Department of Agriculture.
  • Mobarok, Mohammad Hasan, Theodoros Skevas, & Wyatt Thompson. “Women’s Empowerment in Agriculture and Productivity Change: the Case of Bangladesh Rice Farms.” PLoS One. 2021.
  • Mobarok, Mohammad Hasan, Wyatt Thompson, & Theodoros Skevas. “COVID-19 and Policy Impacts on the Bangladesh Rice Market and Food Security.” Sustainability, 13: 5981. 2021.
  • Skevas, Theodoros, Wyatt Thompson, D. Scott Brown, & Victor Cabrera. “Milk Income over Feed Cost Margin, Margin Protection Program, and Farm Finances for a Sample of Wisconsin Dairies in 2000-2017.” Applied Economic Perspectives and Policy, 43(4): 1638-1657. 2021.
  • Johansson, Robert, Seth Meyer, Jarrett Whistance, Wyatt Thompson, and Deepayan Debnath. “Greenhouse Gas Emission Reduction and Cost from the United States Biofuels Mandate.” Renewable and Sustainable Energy Reviews, 119: 109513. 2020.
  • Soon, Byung Min & Wyatt Thompson. “Non-Tariff Barrier on Chicken Imports into Russia: Impact on Production, Trade and Prices.” Journal of Policy Modeling, 42(3): 583-596. 2020.
  • Soon, Byung Min & Wyatt Thompson. “Japanese Beef Trade Impact from BSE Using a Time-Varying Armington Model.” Agribusiness: an International Journal, 1-17. 2019.
  • Soon, Byung Min, Patrick Westhoff, & Wyatt Thompson. “The Impact of Potential Korea-U.S. Free Trade Agreement Renegotiation on the Korean Rice Market and Trade.” Journal of Agricultural and Applied Economics, 1-16. 2019.
  • Thompson, Wyatt, Joe Dewbre, Simone Pieralli, Kateryna Schroeder, Ignacio Pérez Domínguez, & Patrick Westhoff. “Long-Term Crop Productivity Response and Its Effects on Cereal Markets.” Food Policy, 84: 1-9. 2019.
  • Thompson, Wyatt, Yaqiong Lu, Scott Gerlt, Xianyu Yang, J. Elliott Campbell, Lara M. Kueppers, & Mark A. Snyder. “Automatic Responses of Crop Stocks and Policies Buffer Climate Change Effects on Crop Markets and Price Volatility.” Ecological Economics, 152: 98–105. 2018.
  • Jing Zhao, J. Isaac Miller, & Wyatt Thompson. “Modeling and Extrapolating Wheat Producer Support Using Income and Other Factors.” Journal of Agricultural Economics.
  • Deepayan Debnath, Jarrett Whistance, & Wyatt Thompson. “The Causes of Two-way U.S.–Brazil Ethanol Trade and the Consequences for Greenhouse Gas Emission.” Energy, 141, 2045-2053.
  • Wyatt Thompson, Robert Johansson, Seth Meyer, & Jarrett Whistance. “The US Biofuel Mandate as a Substitute for Carbon Cap-and-Trade.” Energy Policy, 113, 368-375. Available online (subscription required): https://www.sciencedirect.com/science/article/pii/S0301421517307152.
  • Patrick Westhoff & Wyatt Thompson. “Four Indicators that Explain World Grain and Oilseed Market Developments.” Agribusiness: An International Journal, 33(2), 274-278. Available at: http://onlinelibrary.wiley.com/doi/10.1002/agr.21502/full.
  • Deepayan Debnath, Jarrett Whistance, Wyatt Thompson, Julian C.R. Binfield. “Complement or Substitute: Ethanol’s Uncertain Relationship with Gasoline Under Alternative Petroleum Price and Policy Scenarios.” Applied Energy, 191, 385-397 (2017).
  • Wyatt Thompson, Scott Gerlt, J. Elliott Campbell, Lara M. Kueppers, Yaqiong Lu, Mark A. Snyder. “A Cost of Tractability? Estimating Climate Change Impacts Using a Single Crop Market Understates Impacts on Market Conditions and Variability.” Applied Economics Perspectives and Policy, Online advance article, 2017.
  • Jarrett Whistance, Wyatt Thompson, & Seth Meyer. “Interactions between California’s Low Carbon Fuel Standard and the National Renewable Fuel Standard.” Energy Policy, 101, 447-455.
  • Deepayan Debnath, Wyatt Thompson, Michael Helmar, & Turgut Orman. “Effect of the Southeastern Anatolia Project (GAP) on Cotton Markets of Turkey and the World.” Journal of Cotton Science, 20(1), 46-55.
  • Danhong Chen, David Abler, De Zhou, Xiaohua Yu, & Wyatt Thompson. “A Meta-Analysis of Food Demand Elasticities for China.” Applied Economic Perspectives and Policy, 38(1), 30-49.