While considerable research has estimated liquidity costs of futures trading, little comparable research is available about options markets. This study determines effective bid-ask spreads in options and futures markets for Kansas City Board of Trade (KCBT) wheat. Effective bid-ask spreads are...

The Indian government procures rice from wholesalers or producers at a price below the market price and then distributes it to low-income consumers at a subsidized price. This paper uses a simulataneous equations econometric model to evaluate the effects of this policy on supply/demand of rice...

Niger has two separate marketing channels for grain: one is the official system operated by the government; the other is a parallel channel of private traders. Researchers or policymakers wanting to study effects of price policies on producers are faced with two sets of prices. This paper seeks...

This paper reports the results of a study of the effects of the Indian government's consumer subsidies on wheat demand. Results indicate consumption of subsidized wheat is higher in urban areas than in rural areas. The public distribution of wheat in most states had little effect on demand in...

Improved software now makes Bayesian estimation a strong alternative to nonlinear maximum likelihood. Bayesian methods were used to estimate a linear response stochastic plateau for cotton and were shown to provide estimates similar to maximum likelihood. Optimal levels of nitrogen were lower...

A 2009 survey of cotton farmers in twelve states collected information about the use of georeferenced precision soil testing (PST). Adoption of PST technology and the interval until retesting were examined with a Poisson hurdle regression. Survey data were calibrated using a post-stratification...

This article analyzes the dynamic relationships among weekly prices of price byproducts, long gram rice, and corn, using causality tests and dynamic multipliers The authors use forecasts to evaluate the time series model rice byproducts prices may be influenced more by shifts 10 demand than 10...

Meta-response functions for corn yields and nitrogen losses were estimated from EPIC-generated data for three soil types and three weather scenarios. These metamodels were used to evaluate variable rate (VRT) versus uniform rate (URT) nitrogen application technologies for alternative weather...

The effects on marketing margins and Texas what producers of shifting from a period with stable prices to a period without stable prices were investigated using both econometric and simulation techniques. Empirical evidence reveals wheat export firms are risk averse and that either futures...