Background: The soybean market is representative of the world. Brazil is the largest producer and exporter of this crop and has low production costs but high logistical costs, which are influenced mainly by transport costs. Added to these characteristics, the disputed grain supply, the...

Industrial grain production, driven by large-scale monoculture and intensive use of synthetic inputs, has become a cornerstone of global food systems. However, its environmental, social, and economic sustainability is increasingly called into question. The depletion of soil health, biodiversity...

We develop an indirect inference approach relying on a linear supply and demand model serving as an auxiliary model to provide the first full empirical test of the rational expectations commodity storage model. We build a rich storage model that incorporates a supply response and four structural...

Based on empirical evidence, this research: highlights the timeline of changes in Ukrainian agricultural sector since the onset of the full-scale war in 2022 and the maritime blockade affecting exports; examines the relevant transformation of the illegal grain market amid these extraordinary...

The study investigated the determinants of adopting E-commerce among maize traders, focusing on the Savings Grains App. E-commerce implications on marketing effectiveness and the value co-creation opportunities were also analyzed. Primary data was sourced from 130 maize traders. Descriptive...

This report reviews lessons learned from public stock management in developing countries with a long history of using them. It draws insights from the existing literature and the background studies prepared for this report on Bangladesh, India, the Philippines, and Uzbekistan in Asia; Ghana,...

Markets for millet and rice in the Western Sudan became much more integrated over the course of the twentieth century. Drawing on a new dataset of prices from across French West African colonies, this paper documents that price dispersion as measured by the coefficient of variation roughly...

The unexpected loss of a large cargo of barley taken on loan in Barcelona in 1021 suggests that the merchandise was intended for export. The Jewish merchant concerned, named Benevenisti, may have lost the cargo as a result of a shipwreck. An Arab source from the 11th century reports a maritime...

We quantify the role of individual factors in shaping the domestic prices of selected grains and oilseeds in Poland and test the hypothesis of whether a favorable supply situation can isolate the domestic market from external shocks. We carried out estimations using error correction and local...

This study aimed to analyze the competition structure of grain terminals in the West Coast region of South Korea. Herfindahl-Hirschman Index (HHI), shift-share analysis, and Boston consulting group (BCG) Matrix approaches were used in this study. The results showed that grain terminals in...

Russia's invasion of Ukraine has threatened global grain supplies as it reduces production and exports while increasing trade costs. While the overall share of Africa's trade with Ukraine and Russia is small, the concentration of imports in products such as wheat, other grains, and fertilizer is...

The paper describes the contracting and logistics conditions contributing to the level of anchorage in the grain, coal and fertiliser export trades of Vancouver. Increases in the level of anchorage in these trades have created economic, environmental and governance issues. Comparison of the...

This paper attempts to provide insights into the current network configurations of the food-trade system and to study the short-term effects of one of the ongoing and lasting global crises, the Ukraine War, on the link intensity. Towards this end, this analysis (1) reveals the pattern of...

This study aimed to analyze the obstacles to lowering demurrage at a grain terminal. After conducting in-depth interviews with working-level staff in grain terminal, 12 factors were selected to derive key factors for reducing demurrage. The Consistent Fuzzy Preference Relations methodology,...

We present the largest homogenous dataset of grain prices for four major types of grain for pre-industrial Germany covering 70 cities with a total of 259 time series. This article describes the sources and the methodology followed to create calendar-year-based price series in grams of silver per...

This paper assesses the impact of the Black Sea Grain Initiative on the grain futures market. We rely on counterfactual evaluation techniques and detailed futures price series to estimate how corn and wheat futures prices and historical volatility responded to the Grain Deal enforcement,...

Planning nationwide sustainable logistics for grain exports at a tactical level assumes flexibility in handling uncertainties. Despite the dynamic operations, the solution's approach focuses mainly on optimisation, leaving out the queuing requirements. This paper presents a...

Clarifying the impact of cereal trade on urbanization is crucial for enhancing effective food security policies and promoting sustainable urban development. However, the heterogeneous impact of the cereal trade on urbanization remains underexplored. This study applies international trade theory...

This paper analyzes 30+ years of county data including soil, weather, and yield of corn provided by Seong Do Yun and Benjamin M Gramig. With the prevalent rise in organic agriculture, ruralities slowly suffer from less optimized crop growth. The paper depicts the use of a polynomial regression...

We examine how uncertain veracity of external news influences investor beliefs, market prices and corporate disclosures. Despite assuming independence between the news' veracity and the firm’s endowment with private information, we find that favorable news is taken “with a grain of salt”...

Shorter-dated options have become more popular in the grain markets. The shortest common tenor is “weeklies”, touted as useful for positioning around major USDA reports. The value of weeklies can be lower than regular options because of the shorter tenor, and higher because of a volatility...

Direct negotiations on a ceasefire in Russia's war against Ukraine broke down within just a few months. Today, Moscow and Kyiv are pursuing diplomatic initiatives in order to shape the international context of the war in their favour. Russia’s war diplomacy aims to weaken the "collective West"...

Der Ukrainekrieg hat gravierende Auswirkungen auf die internationalen Agrarmärkte, da sowohl die Ukraine als auch Russland auf dem Weltmarkt eine wichtige Rolle spielen. Schon vor Beginn des Angriffskrieges waren die Getreidepreise auf einem hohen Niveau, was auf eine bereits angspannte...