In this study a demand system analysis for beef in South Korea is constructed. A free trade demand system was used in which the economic welfare of market participants are maximized. Recognizing implicit discrimination about non-locally sourced beef products, this study deduces market demand...

This study seeks to determine the workings of a system of acreage allocation given price and yield uncertainty so as to identify the role that uncertainty in market output has in acreage allocation decisions.

To describe the effects of quantity and the exchange rate on prices in the U.S. open fish market, this study develops an augmented differential inverse demand model. The model is applied to the U.S. trout market for empirical analysis. The augmented differential inverse CBS demand system...

Following the completion of the implementation period for NAFTA, this market integration has influenced economic behavior in these markets. Given this assumption, this study identifies, ex-post, the effects of structural adjustment and tariff elimination on U.S. agriculture.

Interregional spatial linkages between South Dakota and Nebraska cash markets for slaughter cattle are investigated. Econometric procedures are used to test whether a thinning market effect or strategic price reporting behavior by packers has degraded market transparency under the voluntary...

The paper conducts an empirical investigation of the US meat demand system using quarterly data on per capita meat consumption and prices. SUR maximum likelihood is used to estimate a static and dynamic (error correction) linear almost ideal demand systems. Results compare static and dynamic...

The projections for feed and milk prices have changed over the last year. This study looks at how the changes affect the dairy industry. The high feed prices have been trumped by higher milk prices and the economic viability of the dairy industry has improved across the board.

The Seattle-Tacoma consumers have been paying higher prices for fresh milk than consumers in other Western states of United States. For instance, the retail price for whole milk averaged $3.27/gallon during the period of April 1999- April 2003 in Seattle-Tacoma, while it did not go beyond...

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...