Reliable marketing opportunities in both interregional and international trade are an important precondition for further development of the agricultural sector. In this study we assess interregional integration of Kazakh wheat markets. We apply asymmetric threshold error correction models to...

There are a lot of empirical studies which examine the pricing behavior of agricultural good exporters and find pricing-to-market behavior by grain exporters in the destination countries. By investigating mainly the U.S., Canadian and Australian wheat exporters’ pricing behavior, Pick and...

International trade in wheat accounts for approximately one third of world grain trade and is expected to double by 2050.The KRU (Kazakhstan, Russia and Ukraine) countries account for approximately a quarter of world wheat exports and are collectively considered one of the key wheat exporting...

This Discussion Paper describes the challenges associated with marketing livestock, meat, milk, and dairy products in Post-Communist Kazakhstan. A major finding is that Food Master, a joint venture between Developed Technologies, Inc. of the US and Ak-Bulak, Ltd. of Kazakhstan, achieved profits...

An ex post measure of risk reduction is commonly used in the literature to predict the potential reduction of farmers’ yield risk due to weather-based index insurance and area-yield crop insurance. In this paper, we evaluate the predictive power of the ex post risk reduction for different...

The agricultural sectors of Kazakhstan and Germany are at different development levels. One possible explanation for this might be the different investment behavior of farmers. We experimentally analyze whether the investment behavior of farmers is consistent with the normative benchmarks of the...

This article reviews the evidence on agricultural service cooperatives in two countries of the Commonwealth of Independent States (CIS)—Ukraine and Kazakhstan—and considers the reasons for their lack of development compared to the countries of North America and Western Europe. Only one farm...

This dissolution of the Soviet Union served the state-directed linkages between state-owned farms and agribusiness enterprises ordered by the command economic system. Likewise, the dissolution disrupted marketing channels connecting the agricultural sector to a market economy those of other...

Food Master, a U.S.-based firm with dairy processing and marketing investments in Kazakstan, has found itself in an industry with difficult economics. Despite having excellent top management and doing many things correctly, this firm lost money in 1999 and was forced to restructure. While...