Over the past two decades, the Black Sea region has exhibited significantly growing wheat production and exports. In 2017/18, Russia ultimately became the world’s largest wheat exporter, a position that was held by the USA for decades. Mostly serving destination markets in the Middle East and...

Wheat is a key staple food in Afghanistan, accounting for over half the caloric intake of the population. Although Afghanistan imports wheat and flour from a number of neighboring countries, Pakistan tends to supply more than half of these imports. Afghanistan's food supply network broke down in...

Rising prices is a growing concern in developing countries especially in the context of food security. The welfare impact of such a price rise has important policy and regulatory implications. In this paper, we have analysed the welfare effect of a price rise of staple food items among Indian...

CBOT wheat futures, the third largest agricultural futures market in the world, from 2006 to 2009 failed to converge to cash wheat prices at expiry. The reason is the presence of price controls for storage that are implicit in the contract specifications, which caused the textbook arbitrage...

The primary purpose of this paper is comparing six common models, which were linear, quadratic, Cobb-Douglas, translog, logarithmic, and transcendental, to estimate the supply and demand functions for Saudi Arabian wheat. In addition to estimating the market equilibrium for price and quantity,...

The magnitude and sign of risk premiums provide relevant information on the structure of a given market. However, there is no consensus on commodity markets if there is a risk premium, and if so, if it is positive or negative. In addition, in recent years, there has been a discussion on the...

The quality of production is related to a series of physical and chemical characteristics of plants which gives a positive mark to the applied agrotechnical methods for the correlation of the latter to the production obtained on the surface unit. A more intense accumulation of the biomass which...

The cost of food rose all over the world in 2022. The spike in the prices of bread was swift and shocking, partly because of its symbolic value in many countries and its importance as a staple, which turns its scarcity into a political issue. This phenomenon is particularly worrisome in...