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Crop Yield Price Weight Gap Tool

Calculate crop yield price weight gap from explicit caller-supplied inputs.

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Description

Return sum(yield*area*price) and subtract supplied referenceRevenue.

Agricultural economic summaries distinguish physical quantities, per-area yields, prices, covariance and index weights. One revenue or weighted-price contribution is not a complete index, profit account or estimated demand response. Nominal and imputed values require a consistent currency, quantity and period basis.

Return sum(yield*area*price) and subtract supplied referenceRevenue.

When to use this tool

Use Crop Yield Price Weight Gap when checking the stated supplied value, index-weight or economic-response contribution.

How to use the tool and how it works

  1. Enter yields, areas, prices, referenceRevenue. Follow any array-alignment requirements below. Use the units and conventions below.
  2. Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
  3. Read totalRevenue, revenueGap. Use the output convention below.

Require aligned nonnegative yields per area, areas and prices per output unit. Return sum(yield*area*price) and subtract supplied referenceRevenue.1

Input fieldMeaning and unitsAccepted input
yieldsYieldsRequired. Array of finite number; maximum items 256.
areasAreasRequired. Array of finite number; maximum items 256.
pricesPricesRequired. Array of finite number; maximum items 256.
referenceRevenueReference RevenueRequired. Finite number.
Output fieldInterpretationReturned shape
totalRevenueTotal RevenueRequired. Finite number.
revenueGapRevenue GapRequired. Finite number.
json
{
  "input": {
    "yields": [
      2,
      3
    ],
    "areas": [
      10,
      5
    ],
    "prices": [
      4,
      2
    ],
    "referenceRevenue": 100
  },
  "output": {
    "totalRevenue": 110,
    "revenueGap": 10
  }
}

Limitations and assumptions

  • The reference may be signed; no yields, prices, statistical weights or market outcomes are inferred.
  • Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
  • Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.

Alternative or Complementary methods

Use verified farm/market data and a complete appropriate accounting or statistical model for economic estimates and decisions.

References

  1. Calculation and input contract: agricultural-economics/crop-yield-price-weight-gap — tool.io

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