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...

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

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...

Replaced with revised version of paper 07/29/10.

Replaced with revised version of paper 07/29/10.

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...

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...

Exchange rates have long been thought to have an important impact on the export and importof goods and services, and, thus, exchange rates are expected to influence the price of thoseproducts that are traded. At the same time, energy impacts commodity production in somevery important ways. The...

Exchange rates have long been thought to have an important impact on the export and import of goods and services, and, thus, exchange rates are expected to influence the price of those products that are traded. At the same time, energy impacts commodity production in some very important ways....

While the elimination of the Multifibre Arrangement (MFA) was presumed to be a net global benefit because it represented an elimination of a distortionary set of trade agreements, it was based on the assumption that the underlying global trading regime was based on free trade principles....