In this article we discuss the determinants of international agricultural market prices andpresent the results of a partial equilibrium model of international agricultural trade withinterconnected markets. The results of the model suggest that the long term trend of decliningreal agricultural...

Die Politik hat die Landwirtschaft mehr und mehr in den Markt entlassen. Auch in Jahren mit durchschnittlichen Preisen produzieren die Landwirte bei den meisten Agrarprodukten nunmehr für den Markt und nicht für die Intervention. Zwar erhalten die Landwirte noch Direktzahlungen, deren...

The economic, political and climatic conditions in which farmers around the world have to make their production and investment decisions are changing dramatically. This study analyses the driving forces of changes in agricultural world markets and their implications for European Union...

This paper has benefited greatly from a discussion of an earlier version with the participants of the first Humboldt Forum for Food and Agriculture in Davos, Switzerland in March 2009. Research has been made possible in part by a research grant from BASF SE - The Chemical Company. The first two...