This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

Includes cover page, journal info, contents page, and editorial information

The interconnections of agriculture and energy markets have increased through the rise in the new biofuel agribusinesses and the oil–ethanol–corn linkages. The question is whether these linkages have a causal structure by which oil prices affect commodity prices and through these links,...

Commercial rice imports have accounted for approximately 61%, food aid in rice accounted for about 2%, and domestic rice accounted for some 37% per annum of rice consumption in Ghana over the four years between 2000 and 2003. Compared to the 1990s, these figures show a gradual decline in the...

The importance of organizational issues to assess the success of international development project has not beenfully considered yet. An analysis of the literature on the project success definition, focused on the successcriteria and success factors, was carried out by surveying the contribution...

Fresh fruits are always recommended as ingredients in healthiest diets. However, there is a tendency forconsumers to move their consumption towards transformed fruits, which are integrated in many food products.Quite commonly fresh fruits are difficult to handle and store but they also do not...

Research on organizational and inter‐organizational trust has become an important field in management andmarketing literature, as it is perceived as a pivotal aspect of business transactions. However, clarifications arestill needed on the issue of whom we trust; is the person whom we are...

Since 2005, the implementation of a traceability system is mandatory to all European food chain operators. Thebalance of costs to build and maintain the traceability system and benefits of traceability depends on the firm'straceability objectives and its resources, as reflected in...

This paper analyzes the relationship between Global Wine Industry Share Price Indexes and composite stockmarket indexes using a Threshold Vector Error Correction Model (TVECM), aiming to investigate if investmentsin the wine sector play a role in determining financial risk and return to...