This paper analyses the degree of market integration in the retail gasoline markets in the United States after it was completely deregulated in 1981. The monthly average prices of unleaded regular gasoline, excluding taxes, from January 1983 to December of 1998 for five US Petroleum...

Chicago and its suburbs are experiencing an increasing demand for water from a growing population and economy and may experience water scarcity in the near future. The Chicago metropolitan area has nearly depleted its groundwater resources to a point where interstate conflicts with Wisconsin...

This study develops a methodology to quantify risks associated with projected commodity flows in a spatial optimization model. In this paper it is applied to the world grain trade which is characteristic of numerous commodities and with complicated and competing logistical channels in world...

Roundup Ready-Wheat (RRW) is one of the first genetically modified (GM) traits for the wheat sector. We develop a spatial partial equilibrium model of the higher-protein hard wheat market and assess the changes in the distribution of welfare associated with release and adoption of RRW. It...

The recent surge in US ethanol production has led to an increase in the amount of byproduct feed available to cattle producers. The impetus behind the increase in ethanol production is US policy to increase the production and use of renewable fuels. Manure from cattle production can also be used...

Recent federal legislation requires U.S. meat packers to report detailed information about livestock and meat transactions. The goal of this legislation is to improve competitiveness within the livestock sector and improve decision making within the marketing channel. We discuss the effect of...