The free trade and marketing across borders of food and agricultural products have reduced their prices, and have consequently been pushing down the prices of agricultural machinery. Utilizing the worldwide industrial infrastructure, the manufacturing industry, including agricultural machinery manufacturers, has expanded the worldwide sourcing of materials and components and complied with such ...

n the twenty years that preceded 1920 I there was a 245 percent increase in the average per-acre price of farmland (including improvements) before land values fell sharply. Today’s escalation in land values-364 percent between 1957 and 1977-prompts some pointed questions: Have land prices reached their peak? If not, when will they plateau, if ever? Will they then decline and, if so, will the de...

Tanzania is among the many African countries that have engaged in agricultural liberalisation since the mid-1980s, in the hope that reforms which introduce price incentives and efficient marketing will encourage producers to respond. This paper assesses that claim by examining the supply response of agricultural output in Tanzania. Our estimates suggest that agricultural supply response is quit...

Agricultural land prices in many developed countries rose and then fell dramatically over a relatively short period of time in the late 1970s and early 1980s. Most of the models in the literature that describe the dynamic behaviour of agricultural land prices suggest that these sharp price movements were not completely due to market fundamentals. Many attribute part of this price volatility to ...

Use of biofuels diminishes fossil fuel combustion, thereby also reducing net greenhouse gas emissions. However, subsidies are needed to make agricultural biofuel production economically feasible. To explore the economic potential of biofuels in a greenhouse gas mitigation market, we incorporate data on production and biofuel processing for the designated energy crops—switchgrass, hybrid poplar,...

This paper discusses recent developments in the market for agricultural land in Slovakia related to the new law on land acquisition. The stated objective of this law is to protect agricultural land from non-agricultural use. We analyze landrelated data as reported by sellers in the newly established Registry of offers of agricultural land administered by the Ministry of Agriculture and Rural De...

Uaiene, Rafael N., M.S., Purdue University, December, 2004. Maize and Sorghum Technologies and the Effects of Marketing Strategies on Farmers’ Income in Mozambique. Major Professor: John H. Sanders, College of Agriculture. About three-quarter of Mozambicans depend on agriculture for their livelihoods. Maize and sorghum are major crops and food staples. Given limited off-farm employment opportun...

energy is considered as an important input for agricultural products. a decrease in energy subsidy and its demand reduces agricultural outputs and raises the production costs. changes in production and costs may significantly affect welfare of the agricultural producers. the main objective of this study was to analyze the impact of increased energy prices (reduction in the subsidy) on the agric...

Over the counter (OTC) forward contracts are regularly traded by hedgers at maturities beyond the longest-dated futures contract. The presence of seasonality in agricultural commodities creates additional uncertainty for obtaining fair prices for OTC forward contract trades beyond the liquid futures strip. This paper employs an augmented Nelson-Siegel function to obtain seasonal agricultural co...