Roundup Ready-Wheat (RRW) is one of the first genetically modified (GM) traits for the wheat sector. We develop a spatial partial equilibrium model of the higher-protein hard wheat market and assess the changes in the distribution of welfare associated with release and adoption of RRW. It...

The EU reforms will increase the Caribbean sugar price, but will not affect the U.S. sugar industry. If liberalization occurs based on the WTO-DDA, U.S. wholesale sugar price will decrease from 24.89 to 23.79 cents per pound. It is also expected the Caribbean price to increase from 8.7 to 12.1...

This paper develops a game theory optimization model of market efficiency and derives conditions under which voluntary pooling is sustained for US/Canada durum and hard red spring wheat producers. Analysis reveals that United States and Canadian farmers can increase farm returns with efficiency...

A look at some of the advantages and disadvantages of Treasury Inflation-Protection Securities, the first U.S. government securities guaranteed to provide riskless, long-term protection against inflation, covering their structure, expected performance against traditional Treasury securities,...

The 147 members of the World Trade Organization (WTO) reached an agreement July 31, 2004, on the framework for the final phase of the Doha Development Agenda of global trade talks. After failing to reach such an agreement at the Cancun ministerial meeting in September, 2003, this framework...

North Dakota net farm income declined in 1997 due to adverse weather conditions and low prices. The total income loss in 1997 was estimated to be $394 million, which was divided into $290 million due to weather and diseases, and $104 million due to lower-than-average prices. Net farm income...

Fusarium Head Blight (FHB), commonly known as scab, has been a severe problem for wheat producers in recent years. This study estimates the economic value of crop losses suffered by wheat producers in the 1990s. Nine states and three wheat classes are included in the analysis, which considers...

This report evaluates the U.S. and world sugar markets for 1997-2007 by using the World Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, weather conditions, and technological changes. Both the U.S. and world sugar...