The volatility of agricultural markets has increased remarkably in recent years. In spite of this, the way in which supply chain actors perceive market volatility has only rarely been analyzed. This paper seeks to close this research gap by presenting empirical findings about how the volatility...

Grain prices have risen sharply since 2005 and 2006 affecting livestock markets by increasingfeed prices and leading to significant volatility shocks. The high price levels and magnitude ofsustained high volatilities has raised concerns for many sectors of the economy, in particularthose with...

result, enterprises in the agribusiness sector are increasingly exposed to the public eye (Jansen/Vellema: 2004). The perception of consumers and other stakeholders - which are according toFreeman “any group or individual who can affect, or is affected by, the achievement of the...

Today the European agrofood sector is increasingly confronted with the threatsas well as the opportunities of liberalizing markets. Therefore, competitiveness on globalmarkets is becoming of paramount importance for European farmers. The challenges ofglobal markets are accompanied by a growing...

The objective of this study is to evaluate and model the risks of corn and soybean production. This study focuses on the risk of revenue variability that arises from changes in prices, yields shortfalls or both. There are several models for price and yield risk factors for corn and soybeans. For...

Favorable weather and the adoption of Genetically Modified (GM) cornhybrids are often argued to be factors that explain recent corn yield increasesand risk reduction in the U.S. Corn Belt. The focus of this analysisis to determine whether favorable weather is the main factor explainingincreased...

Economic statistics can be used to inform policy as it is being designed, avoid policy design mistakes, or implement government programs once they are established into law. Oftentimes, statistics are used for all three purposes. This paper considers the relationships between statistics and...

The need for adequate systems to guarantee the quality of food products has become more and moreobvious in recent years. As a consequence, not only in Germany but throughout the world, the number of certificationschemes has been increasing for nearly a decade. Due to the implementation of these...

The social responsibility of businesses has developed into a highly debated issue in recent years.Especially in agribusiness, recent scandals as well as information asymmetries concerning food production have ledto high external pressure on firms from the wider public. Being confronted with a...

The last three years have realized significant structural changes in the U.S. agricultural policy environment. These changes include nearly complete planting flexibility and the elimination of target-price-based income support for agricultural producers. Many have questioned the extent to which...