Indiana, Mississippi, and Nebraska producers' forward pricing behavior was analyzed with Tobit models. Percent debt, percent soybean acres, risk aversion, market consultants, comfort level with futures and options, lenders' opinions, written marketing plans, crop insurance, and geographic...

This paper estimates a demand system for a selected tropical fresh fruit and vegetable imports in to the U.S. using a Linear Approximate Almost Ideal Demand Systems model for the period 1989-2008. Further the paper attempts to capture trade policy and seasonality effects that affect the demand...

The relationship between publically reported weekly grid premiums and discounts for specific carcass characteristics and the percentage of those characteristics reflected in total weekly slaughter volume (i.e., proportional slaughter volume) is investigated. Granger Causality and multi-lag VAR...

This study provides empirical evidence on whether corn, sorghum, oat, barley, wheat, rice, soybeans, cotton, and peanuts exhibit cyclical patterns in their historical prices. The results of time-series analysis support a newly added counter-cyclical payment in the Farm Security and Rural...

The U.S. fresh tomato industry has been growing significantly over the past several decades. However, as a net importer of fresh tomatoes, the United States imported 36% of total fresh tomato consumption in 2002. The objective of this study is to estimate U.S. demand for domestic and import...

Farm, wholesale and retail price relationships for U.S. hogs are analyzed. Price transmission estimates indicate partial adjustment in each market category when price changes in any other market. This implies imperfect price transmission between the market levels. Tests of Granger no-causality...

Replaced with revised version of paper 02/11/04.

An equilibrium error-correction model is used in the analysis. With respect to the natural gas price, the estimated long-run equilibrium ammonia price elasticity is 0.79, the short-run elasticity of the ratio of price changes is 0.25, and the adjustment for the disruption from the ammonia...

The relationship between shelled pecan prices and inventories is examined drawing using Engle-Granger and Johansen approaches to cointegration. Forecasts are made using the univariate ARIMA and cointegration methods. Monthly data are used (January 1992 to December 2004). Results suggest that...

A previous study showed that imposing economic restrictions improves the forecasting ability of food demand systems, thus warranting their use even when rejected in-sample. This study attempts to determine whether this is due solely to the fact that restrictions improve degrees of freedom....