This paper examines the issue of volatility of agricultural prices, with regard to the possibility of transmission of international price volatility to domestic markets. It attempts to measure the degree of price instability of important agricultural commodities in major domestic and...

A considerable number of studies have examined the relationship between global prices and local prices in food-importing nations, but the linkages between international prices and the producer prices of large agricultural exporters have been largely ignored. This paper analyzes the connections...