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This analysis uses a residual demand elasticity model to measure market power in the international cotton market. The results indicate that China exerts significant market power and affects cotton prices. Those results, combined with a partial equilibrium model of the international cotton...
Persistent link: https://www.econbiz.de/10008855297
wheat prices over the 1980/81 through 2006/07 marketing years. Empirical methods use historical forecast errors to estimate …
Persistent link: https://www.econbiz.de/10010909508
The lack of consistently acceptable convergence performance for Chicago Board of Trade (CBOT) corn, soybean, and wheat contracts since late 2005 has been widely discussed (e.g., Henriques, 2008).1 Convergence performance is summarized in Figure 1, depicting delivery location basis levels on the...
Persistent link: https://www.econbiz.de/10010909509
The United States Department of Agriculture (USDA) has a number of agencies that are involved in collecting, analyzing, forecasting, and disseminating information about the production and consumption of the corn and soybean crops (Spilka, 1983; Vogel and Bange, 1999; Lusk, 2013). Market participants...
Persistent link: https://www.econbiz.de/10010909510
Persistent link: https://www.econbiz.de/10010920240
The recent/current recession provides the opportunity to study the effects of the macroeconomic changes on the agricultural production systems in the Great Plains and trace some of its impacts through the system to changes in primary inputs such water resource use. Therefore, the objective of...
Persistent link: https://www.econbiz.de/10008922523
The recent/current recession provides the opportunity to study the effects of the macroeconomic changes on the agricultural production systems in the Great Plains and trace some of its impacts through the system to changes in primary inputs such water resource use. Therefore, the objective of...
Persistent link: https://www.econbiz.de/10009446526
Persistent link: https://www.econbiz.de/10011070440
Persistent link: https://www.econbiz.de/10010920239
combined with the live cattle marketing recommendations to approximate the margin that a typical feedlot would face from the … third quarter of 1999 through 2004. Other marketing assumptions were also applied to approximate a real world feedlot in … purchased at rates that will yield on average 1 cwt. of live cattle per quarter, or 4 cwt. total per year, 2) the marketing …
Persistent link: https://www.econbiz.de/10010920506