Zheng, Hualu; Muhammad, Andrew; Herndon, Cary W. - 2008
In this study, we estimated catfish feed and farm price reduced form equations. Of particular importance was the impact …% was due to the increase in the price of crude oil. Given the $1 increase in corn prices (50%), this should result in a … feed price increase of 13% and a farm price increase of 2.7% in the long-run. Park and Fortenbery (2007) found that for …