Rice, which is one of the major sources of energy, vital nutrients and a staple food, is in short supply in many Nigerian households. Nigeria is among many African countries that have engaged in agricultural liberalization since 1986 in the hope that reforms emphasizing price incentives will...

The present study highlights the context of wheat futures trading in India and examines its performance in terms of price transmission between Indian and US futures, domestic futures and spot markets, and, extent of integration between those markets. Role of wheat futures in price...

The study analyzed the responsiveness of maize grain and maize meal spatial price volatilities to increased government participation in maize grain marketing in Zambia using descriptive statistics and vector auto-regression (VAR). This was achieved by comparing spatial price volatility means and...

Efficient information exchanges between sellers and buyers are essential if prices are to act as a signal for resource allocation in an economy. In the case of seed and planting materials, information on quality traits are often difficult for consumers (farmers) to obtain prior to purchase,...

Risk is pervasive in developing country agriculture, and risk preferences are though to impact seed and technology choice. Empirical research on risk preferences and technology adoption typically only consider the risk preferences of a single household member. In this paper experimental...

The US held the largest share in the Japanese sorghum market for 20 years. However, in recent years Australia’s share of the same market has been constantly growing to claim the top position despite the fact that the US sorghum price is cheaper in that country. The ratio of US vs Australian...

Recently, the Environmental Protection Agency (EPA) proposed biofuel requirements for 2014 that suggest the use of ethanol would probably be lower than the volume previously envisioned in the Energy Independence and Security Act (EISA) of 2007. The impact of waiving down the mandate in the U.S.,...

This paper analyzes the transmission from global commodity to domestic food prices for a large set of countries. First, a theoretical model is developed to explain price transmission for different trade regimes. Drawing from the competitive storage model under rational expectations, it is shown...

Developing countries now buy a larger share of U.S. agricultural exports than developed countries, and this new pattern of agricultural trade can have implications for the elasticity of U.S. export demand. This research estimates whether the U.S. export demand is becoming more price elastic or...