Using daily data from 182 spatially separated U.S. cash markets for the years 2006-2011, I investigate price discovery for corn. With a large number of cash markets available, I take into account explicitly the issue of market selection, which has been neglected in previous work. I find that...

This study investigates dynamic relationships among U.S. corn cash prices for the years 2006-2011. With daily data from 182 spatially separated markets spreading across 7 states, Iowa (IA), Illinois (IL), Indiana (IN), Ohio (OH), Minnesota (MN), Nebraska (NE), and Kansas (KS), we apply an error...

After the collapse of the Soviet Union in 1991, Russian economy was on the way to becoming more market-based. While the broadening of market forces in Russian agriculture seems plausible, there is little empirical evidence to support the proportion that land allocation decision among grains and...

The emergence of glyphosate-resistant weed populations threatens the economic viability of genetically modified, glyphosate-resistant crop varieties. This could not only have serious consequences for the welfare of U.S. farmers, but also for environmental quality as farmers turn to more toxic...

Sustainable agriculture is garnering renewed interest as more customers and retailers from both the U.S. and the world markets demand more sustainably sourced products and ingredients. Processed vegetables (canned and frozen) such as sweet corn and green beans face this same growing demand. To...

Research on climate change in recent decades has disproportionately focused on predicting impacts while largely ignoring adaptation strategies. How agricultural systems can adapt to minimize the uncertainty caused by rising temperatures is one of the most important research issues today. We...