This paper shows that the response of agricultural commodity prices in the U.S. related to fluctuations in oil prices in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in the crude oil market. In the long-run, around 2-7 percent...

Paper presented at 69th ICAC Meetings, Lubbock, TX, September 2010

New crop insurance coverage offered by the 2014 Farm Bill will be available to cotton farmers beginning in 2015. Stacked Income Protection Plan (STAX) and Supplemental Coverage Option (SCO) are new crop insurance options, which are designed to protect farmers from shallow losses. STAX is only...

This paper examines the effects of distribution channels on demand for apparel, home textiles and other textiles (such as shoes) in urban China. The estimation procedure we use in this study is implemented in three steps. First, we estimate the price/unit value information; second, we estimate...

This analysis uses a residual demand elasticity model to measure market power of the international cotton market. The results indicate that both china and U.S. dominate the cotton price with a higher market power in china compared to the U.S. Those test results combined with a partial...

In this paper, we take the yield impacts of Schlenker and Roberts (2009), specifically on cotton, under a range of uniform temperature changes and apply it to a global fiber model to map changes in cotton production and prices. Although we use the 2011-2020 time period, the results should be...

The 1995 Agreement on Textiles and Clothing (ATC) provided for the calculated liberalization of the textiles and apparel sectors over a 10-year period except for some safeguard measures ending on December 31, 2008. These safeguard measures allowed for import restrictions by the U.S. on certain...