Since corn is the primary feedstock used for producing ethanol in the U.S., and ethanol production yields byproducts that can be fed to livestock in combination with corn, addressing the effect of ethanol production on meat markets should consider not only demand and supply interdependence...

In emerging markets for high-value food products in developing countries, processing companies search for efficient ways to source raw material of consistent quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of contracts,...

The objective of the study is to estimate demand for wine in Australia, based on both the systems approach and the single equation approach. Both approaches consider demand for three categories of alcoholic drinks (beer, wine and spirits) in a seemingly unrelated regression framework to take...

Product assessment for imperceptiblecharacteristics like environmental impact, healthfulness,naturalness, and fairness is a helpful tool in productinnovation and for enhancing socially responsibleconduct.In this study we apply multiple criteria analysis forthe assessment of fresh tomatoes in...

Currently, Brazil is the greatest worldwide producer and exporter of sugar. Therefore, it is expected better defined forms to restrict high costs, which are normally present in many of the factors involved in the process of production and product commercialization. Under that context, this study...

The purpose of this paper is to study the price behaviour of fresh produce at the retaillevel of two leading supermarkets, Tesco and Sainsbury, with the purpose of gainingknowledge about their interaction. We focus the study on six products from the freshfruits and vegetable group (i.e.,...

Economic theory suggests that adding a competitive buyer to a market should have positive effects on competition and prices, ceteris paribus. An additional buyer increases market demand, shifting demand to the right, and expands the number of active buyers, reducing average market shares of...

This study analyzes supermarket firm prices to determine whether prices are related to market structure and whether the Demsetz quality critique is valid. Factor analysis is used to identify five service factors that are modeled with price as endogenous variables in a simultaneous equations...

This article reviews the legal standards and the economics of indirect purchaser cases. Drawn from recent cases on behalf of consumers in the ADM price fixing case, it presents cost pass through models for high fructose corn syrup (HFCS), one of the alleged price fixes in the wet corn milling...