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Despite a large number of studies that examine the influence of biofuels and biofuel policy on commodity prices, the impact of biofuel policy on commodity price variability is poorly understood. A good understanding of biofuel policy's impact on price variability is important for mitigating food...
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maize markets. The simulation is conducted using a multiequation partial equilibrium model of the national maize market …, which is sequentially linked via a price-linkage equation to local rural maize markets. The model accounts for market … strategies have negative and sustained impacts on maize yields, production, and acreage allocated to maize over the simulation …
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