The performance of the grain transportation industry, historically low real grain prices, and decreasing government support for grain prices have renewed interest in local grain prices and shipping costs. An understanding of the relationship between local cash prices and futures prices is an...

Legal and institutional changes that centralized control of the Philippine coconut oil refining and exporting industries enabled the Philippines to exercise some of its potential dominant-firm market power. If the elasticity of demand for coconut oil continues to increase. in part due to...

Market-oriented policy reforms often have important effects on farm-level grain production and utilisation decisions in developing countries. China’s grain farmers are of particular interest because of China’s importance in world grain markets and because of China’s recent major...