Options on agricultural futures are popular financial instruments used for agricultural price risk management and to speculate on future price movements. Poor performance of Black’s classical option pricing model has stimulated many researchers to introduce pricing models that are more...

This paper examines three invited papers focused on commodity prices. Public responses to high nominal commodity prices and perceived increases in price risk have ranged from attempts to assign blame, attempts to change contracting arrangements, and development of public policy that...

Replaced with revised version of poster 07/21/10.

Options on agricultural futures are popular financial instruments used for agricultural price risk management and to speculate on future price movements. Poor performance of Black’s classical option pricing model has stimulated many researchers to introduce pricing models that are more...

This study examines the impact of cool season grass quality characteristics on pricing and net returns in niche equine feed markets. A hedonic analysis of Timothy grass hay prices in Nevada was performed to determine the implicit values of its quality characteristics. A Monte Carlo simulation...

The IFAMR is published quarterly by the International Food and Agribusiness Management Association. Visit website: www.ifama.org

World-wide consumer response toward food products made from genetically modified ingredients has been largely negative. However, the majority of the previous studies on consumer attitudes towards genetically modified food products were conducted in developed countries in Europe as well as Japan....