China is experiencing rapid economic growth, resulting in increased demand for food. Estimates are made of Chinese production and consumption of rice, wheat, corn, and soybeans to the year 2005. Results indicate that China will become a large net importer especially of wheat, corn, and soybeans....

New information about food safety can stimulate a sudden, significant concern by the public, resulting in a pronounced change in consumer demand. One such example is the declining level of beef consumption in Europe and Japan, stemming from the outbreak of Bovine Spongiform Encephalopathy (BSE),...

This paper examines whether exchange rate misalignment negatively affects agricultural trade, compared to other industry sectors. Nominal exchange rate misalignment is obtained from the percentage deviation of real exchange rates from their long-run equilibrium based on the theory of purchasing...

In this article, we focus on the effects of preferential trade arrangements on agricultural trade and agricultural income. Given the large number of preferential trade arrangements and complex interactions among them, we attempt to discover whether preferential trade arrangements are beneficial...

A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within a panel framework. Short and long-term measures of exchange rate volatility were...

This report evaluates the U.S. and world sugar markets for 1998-2008 by using the World Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S....