Arkansas Global Rice Model (AGRM) a partial equilibrium econometric model is used to assess the impact various proposal on trade liberalization in rice. The analysis is carried over a period of eight years using 2006 baseline. The results are summarized by comparing the impact of various...

Replaced with revised version of paper 07/20/06.

Replaced with revised version of paper 11/17/06. Former title: Forecasting Food Price Inflation, Challenges for Central Banks in Developing Countries using an Inflation Targeting Framework: the Case of Colombia

Many non-native insect, disease, and weed pests of food, fiber, and nursery crops pose threats to the U.S. environment, agricultural production, and exports. In this study we focus on regulations controlling the spread of noxious weeds, especially the regulatory differences among US states and...

Replaced with revised version of paper 07/11/06.

Theory and intuition tell us that the imposition of stringent environmental policies by a given country will reduce its net exports of commodities produced using pollution-intensive industries. It is therefore surprising that many empirical studies of international commodity trade have failed to...

The ethanol industry has expanded rapidly in recent times. Utilizing budgeted ethanol plant and farm models we determine the effect of this expansion on future corn acreage and farm incomes. Several scenarios are presented to determine the profitability of the ethanol industry at various input...

Americans are becoming more health conscious and more obese. The food industry attempts to capitalize on both of these current trends. In advance of government mandate, the dominant leader in the cracker industry introduced a trans fatty acid label to its products. The impact on demand of the...