An econometric model of coffee price dynamics is specified and estimated to capture the evolution of coffee prices at the farm, wholesale and retail levels. It investigates the historical influence of the International Coffee Agreement (ICA) through its effects on yield and planting decisions....

Objective – The current biotechnology revolution has been associated with newly developed genetic modifications (GM) that offer new prospects for increasing agricultural productivity. This has stimulated a rapid adoption of GM corn hybrids by U.S. farmers. Yet, there is concern about the...