The Instability Of Agricultural Commodity Markets

Author : Alberto Garrido,Bernhard Brümmer,Robert M'Barek,Miranda P. M. Meuwissen,Cristian Morales-Opazo
Publisher : Routledge
Page : 240 pages
File Size : 40,7 Mb
Release : 2016-01-08
Category : Business & Economics
ISBN : 9781317384649

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Agricultural Markets Instability by Alberto Garrido,Bernhard Brümmer,Robert M'Barek,Miranda P. M. Meuwissen,Cristian Morales-Opazo Pdf

Since the financial and food price crises of 2007, market instability has been a topic of major concern to agricultural economists and policy professionals. This volume provides an overview of the key issues surrounding food prices volatility, focusing primarily on drivers, long-term implications of volatility and its impacts on food chains and consumers. The book explores which factors and drivers are volatility-increasing and which others are price level-increasing, and whether these two distinctive effects can be identified and measured. It considers the extent to which increasing instability affects agents in the value chain, as well as the actual impacts on the most vulnerable households in the EU and in selected developing countries. It also analyses which policies are more effective to avert and mitigate the effects of instability. Developed from the work of the European-based ULYSSES project, the book synthesises the most recent literature on the topic and presents the views of practitioners, businesses, NGOs and farmers' organizations. It draws policy responses and recommendations for policy makers at both European and on international levels.

Author : Alexander Sarris,David Hallam
Publisher : Edward Elgar Publishing
Page : 456 pages
File Size : 48,5 Mb
Release : 2006-01-27
Category : Business & Economics
ISBN : 9781781008027

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Agricultural Commodity Markets and Trade by Alexander Sarris,David Hallam Pdf

This book argues that the viability of many observed market and non-market interventions in agricultural products worldwide depends considerably on the underlying behaviour of the relevant commodity markets. Many of these policies have had distortive impacts, resulting in much discussion and controversy in the context of the World Trade Organization (WTO) Doha Round of trade negotiations.

Author : Anonim
Publisher : Unknown
Page : 229 pages
File Size : 54,7 Mb
Release : 1980
Category : Electronic
ISBN : OCLC:882451682

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The instability of agricultural commodity markets by Anonim Pdf

Author : Organisation for Economic Co-operation and Development
Publisher : Organisation for Economic Co-operation and Development ; [Washington, D.C. : sold by OECD Publications and Information Center]
Page : 252 pages
File Size : 53,5 Mb
Release : 1980
Category : Business & Economics
ISBN : UOM:39015001697047

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The Instability of Agricultural Commodity Markets by Organisation for Economic Co-operation and Development Pdf

Cerals; Animal feeds; Dairy products; The search for measures to limit instability; The effects of market instability; Implications of agricultural policies for market stability; Causes and effects of instability current functioning of the international cereal market.

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 54,7 Mb
Release : 1980
Category : Electronic
ISBN : OCLC:1435086306

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“The” instability of agricultural commodity markets by Anonim Pdf

Author : OCSE = OECD.
Publisher : Unknown
Page : 0 pages
File Size : 45,5 Mb
Release : 1980
Category : Electronic
ISBN : OCLC:1192657163

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“The” Instability of Agricultural Commodity Markets by OCSE = OECD. Pdf

Author : Isabelle Piot-Lepetit,Robert M'Barek
Publisher : Springer Science & Business Media
Page : 238 pages
File Size : 51,8 Mb
Release : 2011-06-10
Category : Business & Economics
ISBN : 9781441976345

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Methods to Analyse Agricultural Commodity Price Volatility by Isabelle Piot-Lepetit,Robert M'Barek Pdf

This book examines the issue of price volatility in agricultural commodities markets and how this phenomenon has evolved in recent years. The factors underlying the price spike of 2007-08 appear to be global and macroeconomic in nature, including the rapid growth in demand by developing countries, the international financial crisis, and exchange rate movements. Some of these factors are new, appearing as influences on price volatility only in the last decade. Although volatility has always been a feature of agricultural commodity markets, the evidence suggests that volatility has increased in certain commodity markets. A growing problem is that agricultural price shocks and volatility disrupt agricultural markets, economic incentives and incomes. With increased globalization and integration of financial and energy markets with agricultural commodity markets, the relationships between markets are expanding and becoming more complex. When a crisis such as a regional drought, food safety scare or a financial crisis hits a particular market, policy-makers often do not know the extent to which it will impact on other markets and affect producer, consumer and trader decisions. Including contributions from experts at the World Bank, the Food and Agriculture Organization of the United Nations, the USDA, and the European Commission, the research developed throughout the chapters of this book is based on current methodologies that can be used to analyze price volatility and provide directions for understanding this volatility and the development of new agricultural policies. The book highlights the challenges facing policy makers in dealing with the changing nature of agricultural commodities markets, and offers recommendations for anticipating price movements and managing their consequences. It will be a practical guide for both present and future policy-makers in deciding on potential price-stabilizing interventions, and will also serve as a useful resource for researchers and students in agricultural economics.

Author : Gary Storey
Publisher : CRC Press
Page : 304 pages
File Size : 51,6 Mb
Release : 2019-08-30
Category : Science
ISBN : 9780429716997

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International Agricultural Trade by Gary Storey Pdf

Agricultural trade has become an integral part of world agriculture. During the 1970s, the real growth in world agricultural trade was phenomenal. For example, the value of U. S. agricultural exports alone increased more than fivefold during this period. In April, 1978, a small group of West Coast agricultural economists (Hillman, Josling, Sarris, Schmitz, King, and McCalla) met to form what is now called the International Trade Consortium which is financed, in part, by the U. S. Department of Agriculture and Agriculture Canada. One of the products of this project was a book published in 1979 by A. F. McCalla and T. E. Josling (editors), Imperfect Markets in Agricultural Trade, Allenheld, Osmun and Co., 1981. In the same vein, this book is a result of an International Trade Consortium meeting held in Berkeley, California, in the early 1980s.

Author : Jean-Paul Chavas,David Hummels,Brian D. Wright
Publisher : University of Chicago Press
Page : 394 pages
File Size : 41,8 Mb
Release : 2014-10-14
Category : Business & Economics
ISBN : 9780226128924

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The Economics of Food Price Volatility by Jean-Paul Chavas,David Hummels,Brian D. Wright Pdf

"The conference was organized by the three editors of this book and took place on August 15-16, 2012 in Seattle."--Preface.

Author : Bertrand Munier
Publisher : IOS Press
Page : 256 pages
File Size : 43,8 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781614990369

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Global Uncertainity and the Volatility of Agricultural Commodities Prices by Bertrand Munier Pdf

"The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization's oversimplified faith in free markets. The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds - professors at major international universities or researchers within specialized international organizations - the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide."--Publisher's website.

Author : William G. Tomek,Harry M. Kaiser
Publisher : Cornell University Press
Page : 484 pages
File Size : 40,5 Mb
Release : 2014-05-08
Category : Business & Economics
ISBN : 9780801471100

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Agricultural Product Prices by William G. Tomek,Harry M. Kaiser Pdf

Published continuously since 1972, Agricultural Product Prices has become the standard textbook and reference work for students in agricultural and applied economics, buyers and sellers of commodities, and policymakers, clearly explaining conceptual and empirical models applicable to agricultural product markets. The new fifth edition uses up-to-date information and models to explain the behavior of agricultural product prices. Topics include price differences over market levels (marketing margins), price differences over space (regionally and internationally) and by quality attributes, and price variability with the passage of time (seasonal and cyclical variations, trends, and random behavior). William G. Tomek and Harry M. Kaiser review and adapt microeconomic principles to the characteristics of agricultural commodity markets and then apply these principles to the various dimensions of price behavior. They also provide an in-depth discussion of prices established for futures contracts and their relationship to cash (spot) market prices; cover the influential roles of price discovery institutions, such as auctions and negotiated contracts, and government policies regulating trade and farms; and discuss the specification, use, and evaluation of empirical models of agricultural prices, placing emphasis on the challenges of doing high-quality, useful analyses and interpreting results.

Author : Michael Atkin
Publisher : Routledge
Page : 249 pages
File Size : 51,6 Mb
Release : 1989-01-01
Category : Technology & Engineering
ISBN : 0415018870

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Agricultural Commodity Markets by Michael Atkin Pdf

Author : John N. Ferris
Publisher : McGraw-Hill Science, Engineering & Mathematics
Page : 390 pages
File Size : 55,5 Mb
Release : 1998
Category : Agricultural prices
ISBN : UOM:39015040175161

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Agricultural Prices and Commodity Market Analysis by John N. Ferris Pdf

This book emphasizes market and price analysis using agricultural examples. The focus of the book is on the application of econometrics and will help those going into fields involving market analysis and forecasting. The blend of theory and application is unique.

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
Page : 164 pages
File Size : 53,9 Mb
Release : 2020-09-23
Category : Technology & Engineering
ISBN : 9789251331712

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The State of Agricultural Commodity Markets 2020 by Food and Agriculture Organization of the United Nations Pdf

The State of Agricultural Commodity Markets 2020 (SOCO 2020) aims to discuss policies and mechanisms that promote sustainable outcomes – economic, social and environmental – in agricultural and food markets, both global and domestic. The analysis is organized along the trends and challenges that lie at the heart of global discussions on trade and development. These include the evolution of trade and markets; the emergence of global value chains in food and agriculture; the extent to which smallholder farmers in developing countries participate in value chains and markets; and the transformative impacts of digital technology on markets. Along these themes, SOCO 2020 discusses policies and institutions that can promote inclusive economic growth and also harness markets to contribute towards the realization of the 2030 Agenda and its Sustainable Development Goals.

Author : Daniel A. Sumner
Publisher : Routledge
Page : 216 pages
File Size : 51,8 Mb
Release : 2019-04-01
Category : Law
ISBN : 9780429713378

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Agricultural Stability And Farm Programs by Daniel A. Sumner Pdf

This book attempts to contribute to a fuller understanding of perennial issues underlying farm problems and agricultural policies in the United States thus contributing to better projections of policy effects, to better forecasts of policy changes, and perhaps to better policy for agriculture.