The New York State Milk Price Gouging Law establishes that the retail prices of fluid milk products are not to exceed 200% of the prices that NYS milk processors pay for Class I milk. The enforcement of this law significantly affected the nature of the Class I fluid milk price transmission...

The New York State Milk Price Gouging Law establishes that the retail prices of fluid milk products are not to exceed 200% of the prices that NYS milk processors pay for Class I milk. The enforcement of this law significantly affected the nature of the Class I fluid milk price transmission...

According to world market studies, the influence of policy measures on the world market price in one or in a limited number of countries is, in general, much less significant than the influence of multilateral policy changes. To investigate the impact of EU agricultural policies on world market...

In the last two years, Ukraine exported an average of 11 million tons of wheat per year (USDA) and has become an important player in the international wheat market. This paper examines the nature of the short- and long-run wheat price dynamics between Ukraine and other major wheat exporters -...

Selected Paper prepared for presentation at the Agricultural & Applied EconomicsAssociation’s 2011 AAEA & NAREA Joint Annual Meeting, Pittsburgh, Pennsylvania, July 24-26, 2011. (Poster Presentation)

A regime-switching vector error correction model is applied to monthly price data to assess the impact of BSE outbreaks on price relationships and patterns of transmission among farm and retail markets for bovine in Spain. To evaluate the degree to which price transmission is affected by BSE...

There is no consensus on what defines a reference for the world rice price. A review on rice as a differentiated commodity shed two important insights. First, it confirms that few studies have considered segmentation of rice in their price analysis. Second, Thai 5% brokens has often been...

Following the dramatic changes experienced by the prices of agricultural commodities in 2007-2008, the analysis of horizontal price transmission mechanisms in agricultural markets has attracted renewed interest. In particular, this has led to the emergence of new challenges for the empirical...

The increasing co-movements between world oil and food prices in the 2000s has prompted interest in the transmission mechanism among markets. This research investigates integration and price transmission of some important agricultural commodities traded in market area that includes United States...