Michael K. Adjemian



Michael K. Adjemian was a Senior Research Economist in the Crops Branch of the Market and Trade Economics Division. He was also on detail as a Senior Economist at the White House Council of Economic Advisers. Mike’s research is focused on developments in commodity derivatives markets. He has worked on estimating the effect of local supply shocks on commodity prices, enhancing the methodology behind USDA price and supply forecasts, exploring the operation of thin markets, improving the estimation of commodity demand parameters, identifying the reasons for nonconvergence between spot and futures prices, quantifying the value of USDA situation and outlook programs, and determining whether the announcement effects they generate have changed over time.


After completing his Ph.D., Michael joined ERS in June 2009. Previously, he worked as a Performance Auditor for the State of California and as a Budget Analyst for Lockheed Martin.


Ph.D. in Agricultural and Resource Economics, University of California, Davis, 2009; B.S. in Finance, with a minor in history, University of Florida, 2001.

Professional Affiliations

Michael is a member of the Agricultural and Applied Economics Association (AAEA).  He also serves as a member of the editorial board for the Journal of Agricultural and Applied Economics (JAAE).  

Selected Publications

Adjemian, M.K., and S.H. Irwin. (forthcoming). "USDA Announcement Effects in Real Time," American Journal of Agricultural Economics.

Adjemian, M.K., R. Johansson, A. McKenzie, and M. Thomsen. (forthcoming). "Was the Missing 2013 WASDE Really Missed? Applied Economic Perspectives and Policy.

Janzen, J., and M.K. Adjemian. "Estimating the Location of World Wheat Price Discovery," American Journal of Agricultural Economics 99(5):1188-1207.

Adjemian, M.K., T.L. Saitone, and R.J. Sexton. 2016. "A Framework to Analyze the Performance of Thinly Traded Agricultural Commodity Markets," American Journal of Agricultural Economics 98(2):581-96.

Adjemian, M.K., R.J. Volpe, and J. Adjemian. 2015. "Relationships between Diet, Alcohol Preference, and Heart Disease and Type 2 Diabetes among Americans," PLOS One. .May 11.

Adjemian, M.K., and A. Smith. 2012. "Using USDA Forecasts to Estimate the Price Flexibility of Demand for Agricultural Commodities" American Journal of Agricultural Economics 94(4):978-95.

Adjemian, M.K. 2012. "Quantifying the WASDE Announcement Effect," American Journal of Agricultural Economics 94(1):238-56.

Adjemian, M.K., C.-Y.C. Lin, and J. Williams. 2010. "Estimating Spatial Interdependence in Automobile Type Choice with Survey Data," Transportation Research Part A: Policy and Practice 44(9):661-75.

Adjemian, M.K., and J. Williams. 2009. "Using Census Aggregates to Proxy for Household Characteristics: An Application to Vehicle Ownership," Transportation 36(2):223-41.