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The probable outcome of a general cropland retirement program based on retiring land having the lowest net return per acre is compared with the probable outcome of a program based on retiring land having the highest unit production costs. Estimates are made of (1) location of the retired...
Persistent link: https://www.econbiz.de/10010919807
A rich data set of coffee prices and costs was used to determine to what extent changes in commodity costs affect manufacturer and retail prices. On average, a 10-cent increase in the cost of a pound of green coffee beans in a given quarter results in a 2-cent increase in manufacturer and retail...
Persistent link: https://www.econbiz.de/10005514120
An input-output model is used to analyze price pass-through effects of a minimum wage increase on prices of the food and kindred products and food-service industries. These sectors employ a disproportionate share of minimum wage workers, but results suggest a $0.50 increase in the present...
Persistent link: https://www.econbiz.de/10005536646
Food prices, as measured by the Consumer Price Index (CPI), increased 2.6 percent in 1997. This increase was greater than the overall increase in the CPI (which rose 2.3 percent) for the third consecutive year. Higher charges for processing and distributing food, as measured by the...
Persistent link: https://www.econbiz.de/10005468845
This report examines the ways that fuel prices are transmitted to wholesale produce prices via transportation costs. Specifically, it focuses on marketing costs for asparagus,cantaloupes, table grapes, oranges, bell peppers, and tomatoes. Results of the study indicate that transportation costs...
Persistent link: https://www.econbiz.de/10011098005
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Food demand may be somewhat more price inelastic than previously estimated. The simple four-equation model developed here provides a formal empirical framework linking food demand to supply. Medium-range forecasts indicate that food prices may continue to rise slightly faster than average prices...
Persistent link: https://www.econbiz.de/10011083074
Recent volatility in agricultural commodity prices and projections of world population growth raise concerns about the ability of global agricultural production to meet future demand. This report explores the potential for future agricultural production to 2050, using a model-based analysis that...
Persistent link: https://www.econbiz.de/10011199755
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