This article tests the law of one price for wheat inputs tradeable between Canada and the United States. If Canadian and US input prices fail to equilibrate with exchange rate changes, the country which experiences a decrease in relative costs will have a competitive advantage. The results show...

The Uruguay round of GATT negotiations is working towards the reduction of agricultural subsidies. In addition, the United States and Canada have agreed to freer trade in grains if the respective subsidy levels become equalized in the two countries. This article quantifies the level of income...

The major objective of this paper is to identify and evaluate those economic factors which have influenced the development and continuing concentration of the Canadian prairie feedlot industry in southern Alberta. Irrigation, the marketing infrastructure, and local investors are identified as...

ABSTRACT Changes in grain handling technologies and favorable terms on rail services are encouraging construction of state of the art grain handling facilities. Given these are high fixed and low marginal cost operations that are becoming increasingly vertically interdependent, the investments...

The grain shipping industry is highly competitive and has become technically advanced during the past decade. These changes, along with the introduction of innovative shipping mechanisms, have made logistics management an important source of opportunity and risk for grain shippers. A stochastic...

The Russian grain marketing system is going through a remarkably traumatic evolutionary change, the dimensions of which are potentially unprecedented in the world grain industry. A highly centralized command system, absent of any concept of a market, has been the mechanism for allocating...