implications for agricultural trade liberalization in India. The main objective is to identify the determinants of price formation …This paper is an attempt to understand the price formation mechanism in world wheat markets and trace its likely … results show rigidity in supply-response to higher world prices, possibly due to constraints imposed by non-price factors …

soybeans — by employing a newly-developed multi-country, crop-calendar-specific, seasonally disaggregated model with price … changes and price volatility applied accordingly. The findings reveal that, although higher output prices serve as an … incentive to improve global crop supply as expected, output price volatility acts as a disincentive. Depending on the crop, the …