This study identifies the main determinants of food price fluctuations in Uzbekistan with a focus on the Khorezm region. We investigate the price behavior of ten agricultural commodities using the weekly data collected from local markets in the Khorezm region during 2002-2010. For the analysis,...

This paper analyzes co-movements and discusses possible market integration between aggregate food and stock markets in the period of 1990 to 2012. Correlations, price return distributions, cointegration, and Granger-causalities are tested in subsamples on monthly FAO Food Price Index and MSCI...

The work at hand contributes to the ongoing discussion on the drivers of food price volatility. Based on theoretical considerations, economical, agricultural, and political determinants of domestic price volatility are identified and discussed. A dynamic panel is estimated to account for country...

Addressing the competitive imbalances in the dairy sector, the High Level Group of dairy market experts proposed written formal contracts between raw milk producers and processors to improve the bargaining position of producers and to stabilize milk supply. However, exclusive contracts, where a...

We use contemporaneous causality tests based on instrumental variables (IV) methods to re-examine causality from Commodity Index Trader positions to agricultural futures prices. A number of recent studies found that no Granger-causal impacts are discernible for agricultural commodity markets....

Die Internationalisierung der Märkte stellt auch die Unternehmen des Agribusiness vor große Herausforderungen. Am Beispiel von 21 führenden europäischen Genossenschaften der Mol-kerei- und Fleischwirtschaft wird daher in dem Beitrag der Zusammenhang zwischen Interna-tionalisierungsgrad und...

For European operators of biofuels plants there are not many hedge vehicles available to hedge operational margins. Cross hedges for rapeoil (with the rapeseed futures contract) and RME (with the NYMEX diesel futures contract) could be useful instruments. We use recent developments on threshold...

Mangelhafte Reformen in der Landwirtschaft Kasachstans am Anfang der Transformationsperiode sowie die Finanzkrise 1998 hatten stark negative Auswirkungen auf den Umfang und die Struktur der landwirtschaftlichen Produktion. Wegen der schwierigen finanziellen Lage Anfang bis Ende der 90-ger Jahre...

In einer Studie wurden die volkswirtschaftlichen Kosten verschiedener Produktionsverfahren und Szenarien der Strom- und Wärmeproduktion aus Biogas auf der Basis von Mais und Rindergülle untersucht. Gemessen an alternativen Maßnahmen, verursacht die staatliche Förderung der...