Distributed Lags and Demand Analysis for Agricultural and Other Commodities.

Analysis of agricultural commodities and foods for Alternaria mycotoxins.

Fungi of the genus Alternaria are parasitic on plants and other organic materials. A. alternata is a frequently occurring species of particular interest because it produces a number of mycotoxins, including alternariol (AOH), alternariol monomethyl ether (AME), altenuene (ALT), altertoxins I, II, and III (ATX-I, -II, and -III), and L-tenuazonic acid (TeA). Cleanup procedures of analytical metho...

The farmer as service provider: the demand for agricultural commodities and equine services

In recent years there has been much interest in alternative sources of income for farmers. This is because economic theory suggests that demand for agricultural commodities is inelastic so that, as incomes in society as a whole increase, those of farmers do not necessarily keep pace Ð hence the current problems with falling real farm incomes. In contrast the demand for services is relatively el...

DEMAND ESTIMATES FOR AGRICULTURAL, MANUFACTURING AND SERVICE PRODUCTS

Optimal trading and shipping of agricultural commodities

We develop and implement a model for a profit maximizing firm that provides an intermediation service between commodity producers and commodity end-users distributed over a realistic spatial network. Producers and end-users trade with the firm through contracts for delivery of grain during the marketing season. The firm begins the marketing season with a portfolio of prearranged purchase and sa...

PPP May not Hold for Agricultural Commodities

We use the well known USDA dataset of real exchange rates to address the question of whether PPP holds for agricultural commodities. Both unit root tests and the recently proposed more powerful class of panel unit root tests, which take into account cross-section correlation across the units in the panel, are used. Properties of unit roots and panel tests are analyzed by Monte Carlo simulation....