In Sub-Saharan Africa, the bulk of agricultural output is produced by small holder farmers who continue to depend on rainfall. As such, agricultural economists often use average rainfall as a summative environmental indicator in estimating agricultural production function. This methodology is...

This study aims at identifying the dynamics of the innovation system for functional foods (FF) in Rio Grande do Sul, Brazil. Functional food is any healthy food claimed to have a health-promoting or disease-preventing property beyond the basic function of supplying nutrients. Health has been...

A key feature of food products is their perishability. Within the short marketing window that characterizes most food and ag products, demand is typically highly stochastic and difficult to predict. This combination of features poses substantial challenges to retailers when pricing products and...

The stickiness of prices and reasons for price changes are widely discussed in market analyses and marketing theory. Explanations and reasons of rigidities have shown that prices do not change as often in small retail stores and in markets with high concentration (Powers and Powers 2001, Hannan...

Grain markets in Germany, as in the rest of the world, are becoming more and more volatile. At the same time, the consolidation process on the level of the first hand, buying the grain from farmers, is moving forward in a strong pace, leaving farmers with less local alternatives to sell their...

This paper investigates the long-run relationship between spot and futures prices for corn and soybeans, for the period January 2004 -September 2010. We apply cointegration methodology in the presence of potentially unknown structural breaks in the commodities prices and we then study the...

European society, with its steadily increased welfare levels, is not only concerned about food (safety, prices), but also on other aspects such as biodiversity loss, landscape degradation, pollution of water, soil and atmosphere. To a large extent these concerns can be translated into a wider...

A careful analysis of contemporary society shows a radical evolution of the role and function of consumption. So-called post-modernity, along with the technological, economic and social transformations that have brought it on, inaugurate a different way of conducting relationships, of existing...

In this paper, expectations along the Finnish dairy supply chain for innovation to achieve more sustainable farming systems are identified. Four focus group discussions and three interviews for low input and organic dairy supply chain members were performed. The Q Methodology was used to...

Brazilian economy, which is currently the sixth largest in the world. The sector is responsible for 27% of the Gross Domestic Product (GDP). Moreover, it also accounts for nearly 40% of the values generated in the export and employs around 26% of the economically active population of the...