Agricultural Product Prices

Agricultural Product Prices PDF Author: William G. Tomek
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
Principles of price determination; Price differences and variability; Pricing institutions; Introduction to empirical price analysis.

Agricultural Product Prices

Agricultural Product Prices PDF Author: William G. Tomek
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
Principles of price determination; Price differences and variability; Pricing institutions; Introduction to empirical price analysis.

Agricultural Product Prices

Agricultural Product Prices PDF Author: William G. Tomek
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Agricultural Product Prices

Agricultural Product Prices PDF Author: William G. Tomek
Publisher: Cornell University Press
ISBN: 0801471109
Category : Business & Economics
Languages : en
Pages : 484

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Book Description
Published continuously since 1972, Agricultural Product Prices has become the standard textbook and reference work for students in agricultural and applied economics, buyers and sellers of commodities, and policymakers, clearly explaining conceptual and empirical models applicable to agricultural product markets. The new fifth edition uses up-to-date information and models to explain the behavior of agricultural product prices. Topics include price differences over market levels (marketing margins), price differences over space (regionally and internationally) and by quality attributes, and price variability with the passage of time (seasonal and cyclical variations, trends, and random behavior). William G. Tomek and Harry M. Kaiser review and adapt microeconomic principles to the characteristics of agricultural commodity markets and then apply these principles to the various dimensions of price behavior. They also provide an in-depth discussion of prices established for futures contracts and their relationship to cash (spot) market prices; cover the influential roles of price discovery institutions, such as auctions and negotiated contracts, and government policies regulating trade and farms; and discuss the specification, use, and evaluation of empirical models of agricultural prices, placing emphasis on the challenges of doing high-quality, useful analyses and interpreting results.

Agricultural Product Prices

Agricultural Product Prices PDF Author: William G. Tomek
Publisher:
ISBN:
Category : Agricultural prices
Languages : en
Pages : 400

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Book Description
Principles of price determination. Price differences and variability. Princing institutions. Introduction to empirical price analysis.

The Political Economy of Agricultural Price Distortions

The Political Economy of Agricultural Price Distortions PDF Author: Kym Anderson
Publisher: Cambridge University Press
ISBN: 1139491024
Category : Business & Economics
Languages : en
Pages :

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Book Description
Despite numerous policy reforms since the 1980s, farm product prices remain heavily distorted in both high-income and developing countries. This book seeks to improve our understanding of why societies adopted these policies, and why some but not other countries have undertaken reforms. Drawing on recent developments in political economy theories and in the generation of empirical measures of the extent of price distortions, the present volume provides both analytical narratives of the historical origins of agricultural protectionism in various parts of the world and a set of political econometric analyses aimed at explaining the patterns of distortions that have emerged over the past five decades. These new studies shed much light on the forces affecting incentives and those facing farmers in the course of national and global economic and political development. They also show how those distortions might change in the future.

Agricultural Prices and Commodity Market Analysis

Agricultural Prices and Commodity Market Analysis PDF Author: John N. Ferris
Publisher: MSU Press
ISBN: 9780870137518
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
Agricultural Prices and Commodity MarketAnalysis discusses the application of economictheory to agriculture and the foodindustry, using quantitative tools. The blendof theory and application is unique in detailinghow demand and supply can be measuredand how econometric simulationmodels can be constructed and evaluated.This revised edition focuses on forecastingand generating long-term projections as wellas discussing the relatively unexplored areaof stochastic modeling, which is critical inhandling crop yield variability. Other topicscovered include agricultural policy analysisand futures/options markets. The role oftime series models in improving structuralequations and forecasting techniques providesa capstone.

Methods to Analyse Agricultural Commodity Price Volatility

Methods to Analyse Agricultural Commodity Price Volatility PDF Author: Isabelle Piot-Lepetit
Publisher: Springer Science & Business Media
ISBN: 1441976345
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
This book examines the issue of price volatility in agricultural commodities markets and how this phenomenon has evolved in recent years. The factors underlying the price spike of 2007-08 appear to be global and macroeconomic in nature, including the rapid growth in demand by developing countries, the international financial crisis, and exchange rate movements. Some of these factors are new, appearing as influences on price volatility only in the last decade. Although volatility has always been a feature of agricultural commodity markets, the evidence suggests that volatility has increased in certain commodity markets. A growing problem is that agricultural price shocks and volatility disrupt agricultural markets, economic incentives and incomes. With increased globalization and integration of financial and energy markets with agricultural commodity markets, the relationships between markets are expanding and becoming more complex. When a crisis such as a regional drought, food safety scare or a financial crisis hits a particular market, policy-makers often do not know the extent to which it will impact on other markets and affect producer, consumer and trader decisions. Including contributions from experts at the World Bank, the Food and Agriculture Organization of the United Nations, the USDA, and the European Commission, the research developed throughout the chapters of this book is based on current methodologies that can be used to analyze price volatility and provide directions for understanding this volatility and the development of new agricultural policies. The book highlights the challenges facing policy makers in dealing with the changing nature of agricultural commodities markets, and offers recommendations for anticipating price movements and managing their consequences. It will be a practical guide for both present and future policy-makers in deciding on potential price-stabilizing interventions, and will also serve as a useful resource for researchers and students in agricultural economics.

Agricultural Marketing

Agricultural Marketing PDF Author: James Vercammen
Publisher: Routledge
ISBN: 1136807462
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
The price of food has become very volatile in recent years for a variety of reasons, including a strengthened connection between the prices of agricultural commodities and other commodities such as oil and metals, more volatile production due to more frequent droughts and floods, and a rising demand for biofuels. Understanding the determinants of agricultural commodity prices and the connections between prices has become a high priority for academics and applied economists who are interested in agricultural marketing and trade, policy analysis and international rural development. This book builds on the various theories of commodity price relationships in competitive markets over space, time and form. It also builds on the various theories of commodity price relationships in markets that are non-competitive because processing firms exploit market power, private information distorts commodity bidding, and bargaining is required to establish prices when the marketing transaction involves a single seller and buyer. Each chapter features a spreadsheet model to analyze a particular real-world case study or plausible scenario, and issues considered include: the reasons for commodity price differences across regions the connection between the release of information and the rapid adjustment in a network of commodity prices the specific linkage between energy and food prices bidding strategies by large exporters who compete in import tenders The simulation results that are obtained from the spreadsheet models reveal many important features of commodity prices. The models are also well suited for additional "what if" analysis such as examining how the pattern of trade in agricultural commodities may change if shipping becomes more expensive because of substantial increase in the world price of oil. Model building and the analysis of the simulation results is a highly effective way to develop critical thinking skills and to view agricultural commodity prices in a rigorous and unique way. This is an ideal resource for economics students looking to gain develop skills in the areas of Agricultural Marketing, Commodity Price Analysis, Models of Commodity Markets, Quantitative Methods and Commodity Futures Markets.

Agricultural Price Policy for Developing Countries

Agricultural Price Policy for Developing Countries PDF Author: John Williams Mellor
Publisher: International Food Policy Research Insitute
ISBN:
Category : Architecture
Languages : en
Pages : 352

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Book Description
The international environment for national price policies; Domestic market intervention; Production response, technology, and commercialization; Consumers' welfare.

Charts of Farm Prices of Farm Products, and Wholesale Prices of Nonagricultural Commodities by Months, 1910-1926

Charts of Farm Prices of Farm Products, and Wholesale Prices of Nonagricultural Commodities by Months, 1910-1926 PDF Author: United States. Bureau of Agricultural Economics
Publisher:
ISBN:
Category : Agricultural prices
Languages : en
Pages : 76

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Book Description