This research provides an overview of the development of the Tokyo Grain Exchange non-GMO soybean contract as an identity preserved futures contract. The development of this contract is unique, relative to the development of other new futures contracts, in that a mature conventional soybean...

A set of inverse wholesale pork primal demand models are estimated to determine the own-quantity flexibility, to ascertain seasonal price fluctuations, and to examine whether the flexibilities change in absolute magnitude over time. Results indicate that the own-quantity flexibility varied...

This study analyzes the effect of the Loan Deficiency Payment (LDP) program, established under the Federal Agriculture Improvement Reform (FAIR) act of 1996, on corn and soybean basis pattern patterns in Missouri. Additionally, spatial competition is incorporated into the basis models. Using...

An inverse live hog demand model was estimated to analyze claims that the live hog own quantity demand flexibility's magnitude has increased in recent years. A second objective of this research was to estimate the impact changes in processing capacity utilization rates have on live hog prices....

Increased use of alternative fuels and low commodity prices have contributed to the recent expansion of the ethanol industry. As with any competitive industry, there exists some level of output price risk in the form of volatility. Yet, no actively traded ethanol futures market exists to...

Trade liberalization has increased livestock sector interest regarding the impact of exports and imports on domestic meat prices. The focus of this analysis was to determine the impact on wholesale prices of various cuts of beef and pork from changes in U.S. meat exports and imports. The results...

A set of consumer-level characteristic demand models were estimated to determine the level of brand equity for pork and beef meat cuts. Results indicate that brand premiums and discounts vary by private, national, and store brands; and brand equity varies across meat cuts carrying the same brand...