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The expansion of the EU biofuel sector in recent years has led to speculation that the linkages between the oil and agricultural markets has strengthened and resulted in increased transmission of price volatility. This study uses the FAPRI European modelling system, which includes a UK model, to...
Persistent link: https://www.econbiz.de/10010913606
Following the move from a situation of stable, administratively determined prices and production linked subsidies to freely moving prices and decoupled subsidies, risk is of increasing concern within the EU agricultural sector. Also, significant increases in global market prices have further...
Persistent link: https://www.econbiz.de/10010918770
In recent years the CAP has undergone significant reforms, but the dairy sector has largely avoided wholesale changes. The sector, however, is now faced with a significant effort by the Commission to instigate reform. In this study the FAPRI-UK modelling system is simulated to identify the...
Persistent link: https://www.econbiz.de/10005476501