Yugay, Stanislav; Götz, Linde; Svanidze, Miranda - In: Agricultural Economics 55 (2024) 2, pp. 384-411
‐floating. Estimates of the error correction model for milling wheat prices suggest exchange rate pass‐through to be strongest in Russia … the Ruble exchange rate became free‐floating in 2014. In contrast, we find Russian regional wheat prices and the Ruble …/USD exchange rate not cointegrated when the exchange rate was managed. Further, feed wheat (Class 5) is only weakly integrated …