attributable to the overvaluation of the dollar in the 1980s, not the increase in EC subsidies to wheat farmers in 1985. We also …This paper uses regression analysis to study the causes and impacts of the Export Enhancement Program for wheat. We …

farmers' abilities to move grain inter-temporally. Providing timely access to credit allows farmers to buy at lower prices and …Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial inter …-temporal arbitrage opportunities, but these opportunities remain largely unexploited: small-scale farmers are commonly observed to "sell …

This paper evaluates a well-known approach from the economic history literature that uses grain prices to shed light on … matched data on bank interest rates and grain prices for early 19th century U.S. regions, we find that the storage cost … differences in market performance, also in comparison to interest rate figures derived from the prices of bills of exchange. The …

Based on the most comprehensive grain prices available, we employ a storage model to estimate consistent interest rates …

, the role of biofuels in determining recent high corn and other agricultural commodity prices, as well as their volatility … industrial demand for corn, contributing to both higher prices and greater price volatility. But turbulence in recent economic … events have caused the mechanisms through which biofuels demands influence corn and other agricultural commodity prices to …

Corn prices increased sharply in the summer of 2012 due to expected production shortfalls in the United States, which …

crude oil shipments are associated with substantially larger spreads between wheat prices at regional elevators and in … associated with small increases in rail rates but large increases in rail car auction prices. We document increases in wheat … prices paid to farmers, suggesting consumers rather than producers paid the cost of increased rail congestion …

During 1985-93 the U.S. Government provided $4.9 billion in subsidies to targeted foreign buyers of U.S. wheat under …. The EEP generates a small gain to U.S. farmers, compared to its costs. Lacking a clear economic justification, the debate … on the EEP indicates the following were the key factors in its political success: farmers and agribusiness have been …

(misallocation) and (2) the allocation of workers across sectors, in particular the type of farmers who operate in agriculture … factor misallocation in agriculture. We find that there are substantial frictions in both the land and capital markets linked … to land institutions in rural China that disproportionately constrain the more productive farmers. These frictions reduce …