We examine the dynamic inter-dependencies between soybean and majors cereal prices. The importance of this analysis is justified by the high volatility in grain prices and the need to understand how shocks are diffused across markets. We use monthly prices on the international markets of the...

International pork trade has not only been influenced by trade agreements but also altered by consumer perceptions on disease-infected animals. This study uses a gravity model with fixed-effects to investigate how pork trade is affected by foot-and-mouth disease among 186 countries. Results...

This study examines the pricing-to-market behavior of U.S. meat exporters across destination markets and investigates the sensitivity of U.S. export prices in response to exogenous exchange rate changes. The objective is to see whether price discrimination is present or meat export markets have...

This study attempts to investigate the effects of exchange rate, soybean price, and ocean freight costs on import demand for U.S. grain with forward-futures markets. The focus is on soybeans. The panel data cover the major exporting markets for U.S. soybeans over the last decade. China and...

Coffee and cocoa are two agricultural commodities produced mainly in developing countries and exported almost entirely to high income industrialized countries. The international market for these products is marked by high price instability. This paper investigates whether monetary policy...

This research attempts to investigate the impacts of monetary variables (such as money supply and interest rates) on food prices in China using a vector error correction (VEC) model approach. Evidence indicates that monetary variables and the food price index (FPI) have a long-run equilibrium...

Replaced with revised version of paper 07/05/07.