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We use the wavelet coherence methodology to investigate relations between prices of ethanol and its feedstocks. Our … between prices of ethanol and corn (in USA) or sugar (in Brazil) is positive, strong and stable in time. Importantly, we show … that the prices of feedstock lead the prices of ethanol and not the other way around. The price lead of feedstock is …
Persistent link: https://www.econbiz.de/10013024750
Based on the most comprehensive grain prices available, we employ a storage model to estimate consistent interest rates …
Persistent link: https://www.econbiz.de/10013019495
, the role of biofuels in determining recent high corn and other agricultural commodity prices, as well as their volatility … industrial demand for corn, contributing to both higher prices and greater price volatility. But turbulence in recent economic … events have caused the mechanisms through which biofuels demands influence corn and other agricultural commodity prices to …
Persistent link: https://www.econbiz.de/10013035869
part, farmers' investment in ethanol plants is an attempt to increase grain prices in their local market. We examined this … issue by estimating the impact on local grain prices of twelve ethanol plants that opened from 2001 to 2002. We find that … these new ethanol plants increased local grain prices, but the impact was not uniform around the plant. Markets downstream …
Persistent link: https://www.econbiz.de/10014060014
policy uncertainty on international grain prices by using nonlinear autoregressive distribution lag (NARDL). We find that … there is a positive relationship between global economic policy uncertainty (GEPU) and international grain prices, and the … relationship is asymmetric. Specifically, global economic policy uncertainty has a greater negative impact on wheat and maize …
Persistent link: https://www.econbiz.de/10013295909
We provide the first large-scale survey-based evidence on the impact of the global food crisis of 2007–08 using an indicator of self-assessed food security from the Gallup World Poll. For the sampled countries as a whole, this subjective indicator of food security remained the same or even...
Persistent link: https://www.econbiz.de/10012564227
Based on the most comprehensive grain prices available, we employ a storage model to estimate consistent interest rates …
Persistent link: https://www.econbiz.de/10012457319
corn, contributing to both higher prices and greater price volatility. But turbulence in recent economic events have caused … the mechanisms through which biofuels demands influence corn and other agricultural commodity prices to vary over time in … differences in variations of corn prices versus energy prices. Apparent price volatility seems due to mechanism switching and to …
Persistent link: https://www.econbiz.de/10012459788
Corn prices increased sharply in the summer of 2012 due to expected production shortfalls in the United States, which …
Persistent link: https://www.econbiz.de/10012460001
In this paper, the short and the long-run potential impact of higher maize and sorghum prices on households' welfare … maize and sorghum prices are associated with poverty reduction for the country as a whole and for producers and rural … households. However, higher maize and sorghum prices do not significantly affect income inequality in Togo. Results vary across …
Persistent link: https://www.econbiz.de/10012827024