Price differences among fed cattle prices in Canada and the United States (referred to here as fed cattle basis) are important for Canadian cattle feeders, but changing government regulations in Canada and the United States have made basis more variable. This article uses transaction data from...

Replaced with revised version of poster 07/21/11.

The EU banned U.S. poultry meat imports because it considers U.S. veterinary regulations unsatisfactory. We develop a model of the EU and world poultry markets. We find that the import ban causes a 2.44% increase and a 0.44% decrease in the EU and world price respectively.

Trade liberalization has increased livestock sector interest regarding the impact of exports and imports on domestic meat prices. The focus of this analysis was to determine the impact on wholesale prices of various cuts of beef and pork from changes in U.S. meat exports and imports. The results...

This paper proposes a new framework to include the interaction of vertically differentiated goods, which was largely ignored in previous studies, to analyze the market power of exporters and importers in world markets of agricultural commodities. The framework is applied in an empirical study of...

Vector autoregressions are used to evaluate dynamic relationships among prices in six important international wheat markets. The effects of freight rates and exchange rates are also considered. The results indicate that Canada is the dominant market, supporting views that Canada is an...

The United States is a large net exporter of corn seeds. Seed trade, including corn, has been expanding but its determinants are not well understood. This paper econometrically investigates the determinants of world demand for U.S. corn seeds with a detailed analysis of trade costs impeding...

The objective of this study is to propose a system of input demand functions consistent with the theory of the firm where promotion is treated as an information input in the production function. The empirical model is applied to the European Union (EU) input demand for shelled peanuts. The...

This study determines how production and trade policy distortions affected rice productivity in thirty-three rice-producing countries. A rice-productivity index for each country is constructed, and a model linking the productivity gap with policy distortions is presented. After controlling for...