Australian wool producers are being told that exchange rate have driven systematic fluctuation in the price of their wool at auction. This paper presents some key findings of a major collaborative study on the effect of exchange rates on Australian wool prices with the Economic Research Centre...

Recent meat demand models incorporate demand functions for cuts of meat rather than whole carcasses. However, parameters for “meat quality” are seldom included in such models. Modelling difficulty arises as meat cuts are heterogeneous in their quality attributes. Meat quality may be assessed...

We estimate a hedonic pricing model to quantify the relationship between clean price of lots of wool and individual lot characteristics for all superfine, fine, medium and broad wool types. We expand on existing literature by controlling for key macroeconomic conditions at the time of sale and...

The objective of this study was to determine whether long-run relationships existed between price premiums for wools with different fibre diameters. Based on cointegration analysis using monthly data from 1976.8 to 1999.10, the results showed that price premiums, in relative price terms, for...

Australian farmers have been warned of increases in wool auction price fluctuations since 2000 (Kingwell), yet 85% of producers continue to sell their wool on the highly volatile, open-cry auction system (Bolt 2004). It has been suggested that forward selling is one method available to farmers...

This paper explores price integration between wholesale and retail prices of live reef food fish, a highvalue export fishery supplied by nearly 20 countries in the Asia-Pacific region with demand centred in Hong Kong. Cointegration analysis is used to test for relationships between wholesale and...