International Futures Help System
Stocks
Due to a lack of good historical data, in the first year, stocks for all three agricultural commodities are assumed to equal desired stocks. These are set to a fraction (agdstl) of total production (AGP) and demand (AGDEM) for each commodity.
where
agdstl is a parameter used to set desired stock levels for agricultural commodities. It is set to be 1.5 times dstl , which is a global parameter that can be adjusted by the user
In future years, basic stock levels (cumstk) increase with production (AGP) as adjusted for loss before reaching market (LOSS), decrease with demand or consumption (AGDEM), and adjust for net imports (AGM-AGX).
Of course, the actual stock values (FSTOCK) are not allowed to go negative. If the basic stock level is negative, stocks are set at zero and a shortage (SHO) exists, which affects calorie availability. If the basic stock level is positive there is no shortage and stocks equal the basic level.