Standard models of hedging behavior assume that either hedgers wish to minimize net price variation or they wish to balance variation versus profits. These models treat variation as risk and fail to distinguish between variation that is random and variation that is not random over time. Newer...

Input prices for broiler production, particularly corn, are becoming increasingly volatile due to increasing competition for corn from ethanol and biofuels production suggesting volatility in poultry profits will follow indicator of profits relating feed input prices and broiler meat output...

Choice experiments were conducted to assess US consumer demand for woolproduct attributes. The average consumer's WTP was higher for US wool gloves compared to acrylic gloves. For Australian wool gloves, WTP was lower if consumers read information on husbandry practices. Demand for attributes...

This study investigates effects of the world crude oil price on feed grain prices and pork prices in China. The results from time series techniques show the influences of crude oil price are not significant over the study period. The pork demand and supply result in the skyrocketing pork price.

The main objective of this research is to evaluate the effectiveness of the U.S. Foreign Market Development (FMD) program on the European Union imported demand for shelled peanuts. We find that the FMD program had a positive effect on the EU demand for U.S. shelled peanuts. This result suggests...

Based on 1990-2004 quarterly data, U.S. and E.U. demand for imported shrimp by alternative supply sources was examined within an Almost Ideal Demand System framework. For the United States, supply sources included Central America, South America, and Asia. Supply sources for the European Union...

Sao Paulo and Florida are the primary producers of orange juice. Both regions face production challenges. In this paper, a model of the world orange juice market is used to analyze the effect of citrus greening and high sugarcane prices on the production and price of orange juice.

This research is a first step in determining India's future need for soy-based protein products. The objective of this study is to determine India's protein demand over the next ten years. Then, using the per capita protein demand derived from this study, along with income, population, and...

Forecasting retail food prices has become increasingly important to the U.S. Department of Agriculture (USDA). This is due to the changing structure of food and agricultural economies and the important signals the forecasts provide to farmers, processors, wholesalers, consumers, and...