A spatial price equilibrium model with a large coverage of countries, policies and regional trade arrangements is applied to simulate preferential sugar imports of the European Union (EU) in 2015/16 under different assumptions with respect to the expansion of the sugar sectors of various least...

Recently, stochastic applications of large-scale applied simulation models of agricultural markets have become more frequent. However, stochastic modeling with large market models comes with high computational and management costs for data storage, analysis and manipulation. Gaussian Quadratures...