This paper presents a dynamic model of a processing cooperative in which patronage refunds are taken into consideration by producers in making marketing decisions and by the cooperative in establishing pricing strategies. An adaptive expectations framework is used to represent the formation of...

Suggests that apparent inconsistencies in published statistics for China's livestock sector raise questions about the validity of the underlying data. This paper provides a preliminary assessment of the magnitude of the discrepancies, and considers the implications of using published statistics...

Suggests that apparent inconsistencies in published statistics for China's livestock sector raise questions about the validity of the underlying data. This paper provides a preliminary assessment of the magnitude of the discrepancies, and considers the implications of using published statistics...

This study examines the Law of One Price (LOP) in international commodity markets using fractional cointegration analysis. For proper evaluation of the LOP, fractional cointegration analysis seems to be appropriate because of its flexibility in capturing a wider range of mean reversion behavior...

This paper examines price integration in the MERCOSUR countries of Argentina and Brazil after the creation of this regional economic agreement using a fractional cointegration analysis. The results suggest that Argentine wheat and corn prices are fully cointegrated with the corresponding world...

This paper examines price integration in the MERCOSUR countries of Argentina and Brazil after the creation of this regional economic agreement using a fractional cointegration analysis. The results suggest that Argentine wheat and corn prices are fully cointegrated with the corresponding world...

This report evaluates food security issues in Turkey. A country commodity model for Turkey was developed and connected with FAPRI world agricultural commodity price projections. The authors begin with a review of Turkey's macroeconomic and agricultural policies from 1960 to 1997. Then they...

Since 1986 the federal crop insurance program has changed in several ways: the number of covered crops has increased dramatically; the number of insured acres and amount of total premiums have risen; and new styles of crop insurance policies have been introduced. Each change has had a...

Since 1986 the federal crop insurance program has changed in several ways: the number of covered crops has increased dramatically; the number of insured acres and amount of total premiums have risen; and new styles of crop insurance policies have been introduced. Each change has had a...