Since 1990, the farmer cooperative landscape has experienced a significant structural shift. Steep consolidation, elevated competition, and surging commodity prices have elevated the need for co-ops to be mindful of their cost structure and efficiencies. To test for this structural shift, this...

The influence of climate variability on agricultural production and financial risks faced by an individual or an institution has been the center of the public discussion in the recent years. The changing weather patterns and environmental conditions could cause substantial unpredicted economic...

The purpose of the following paper is to explore different factors causing structural changes in the Colombian coffee sector. The Colombian economy is characterized by a revenue function (Dixit and Norman’s GDP function) with three quasi-fixed inputs and three outputs. The characterization of...

Previous analyses of dairy farm structural change focused on the variation over time in one or a small number of regions. Here we present an EU15-wide analysis of the change of the number of farms in different size classes. The purpose is (1) to identify the differences in regional development...

Price volatility in the corn market has changed considerably globalization and stronger linkages to the energy complex. Using data from January 1989 through December 2009, we estimate and forecast the volatility in the corn market using futures daily prices. Estimates in a Fractional Integrated...

Replaced with revised version of paper 07/22/11 and 2/14/2012.

We use newly nonparametric volatility measures and break techniques to estimate common breaks across grain futures over the recent ten years. Our results show one structural change in realized volatilities occurred in 2006 for corn and in 2007 for soybean. But the date difference between them...

First developed meat import demand system, disaggegating poultry meat into two products, cooked poultry (safe)and uncooked poultry meat (less safe). The model includes, beef, pork, and other meats as well.

This paper demonstrates that EU-27 meat exports underwent structural changes following the discovery of bovine spongiform encephalopathy (BSE) in the United States (2003) and highly pathogenic avian influenza (HPAI) outbreaks in the European Union (2006). The two diseases caused short-term...