Market power in economic theory is defined as deviations from marginal cost pricing, which results in unfair competition and welfare losses. In complex agri-food supply chains, the exercise of market power is a significant contributor to welfare losses, as multiple actors throughout the chain...

Dairy business in Cameroon and the North West region in particular is as old as a century but it still lag behind despite huge potentials. The country continues to import dairy products hindering the performance of the local dairy industry. A sustainable dairy sector depends on a successful...

US dairy futures markets of milk, butter, cheese, and dry whey exhibit unique volatility patterns under the Federal Milk Marketing Order pricing scheme. We show dairy volatilities have a relatively low connectedness among themselves and a commodity index. Dairy futures markets respond to...