Food Prices and Inflation Expectations in New Zealand
ABSTRACT Food prices are conspicuous, and spending on food constitutes a considerable share of household expenditure. In this study, we use partially identified Bayesian structural vector autoregression models to analyze the effects of food price shocks on core inflation and 1‐ and 5‐year inflation expectations in New Zealand.
Puneet Vatsa +2 more
wiley +1 more source
The simple analytics of commodity futures markets: do they stabilize prices? Do they raise welfare? [PDF]
This paper uses a simple, graphical approach to analyze what happens to commodity prices and economic welfare when futures markets are introduced into an economy. It concludes that these markets do not necessarily make prices more or less stable. It also
V. V. Chari, Ravi Jagannathan
core
Does Participating in Agricultural Global Value Chains Promote Agricultural Growth?
ABSTRACT This study examines the relationship between GVC participation and agricultural value‐added growth in 43 countries over the period 1995–2022. In contrast to prior literature, we disaggregate the agricultural sector into four sub‐sectors namely crop cultivation, animal production, forestry and fishing.
Taner Turan +2 more
wiley +1 more source
Do financial investors affect the price of wheat?
It is widely debated whether financial speculation was a significant force behind recent food price fluctuations. As a matter of fact, during the 2000s agricultural commodity derivatives markets were flooded by a ‘wall of money’ coming from financial ...
Daniele Girardi
doaj +3 more sources
Global Financial Crisis and Price Risk Management in Gold Futures Market at MCX, India [PDF]
Over the globe, gold is one of the most traded commodity. In India, gold is traded in both spot and futures market. Price risk management is a fundamental but vital function of futures market. To effectively discharge this function, futures market has to
Archana Singh
doaj
The impact on risk management and price discovery due to governmental intervention: A case of two commodity futures [PDF]
The study explored the impact of government intervention on price discovery and hedging efficacy concerning the agricultural commodities futures market, specifically on Chickpea (Chana) and wheat futures traded on India's NCDEX.
Ashutosh Yadav +2 more
doaj +1 more source
Efficiency tests of agricultural commodity futures markets in China [PDF]
The efficiency of the Chinese wheat and soybean futures markets is studied. Formal statistical tests were conducted based on Johansen’s cointegration approach for three different cashmarkets and six different futures forecasting horizons ranging from1 ...
Wang, H. Holly, Ke, Bingfan
core
ABSTRACT Brazil and the United States account for more than 40% of global poultry exports, with China and South Korea among their major destination markets. This study examines price transmission and market linkages between Brazil and the United States using monthly poultry export price data from January 1990 to December 2024. It also assesses which of
Khondoker Abdul Mottaleb +2 more
wiley +1 more source
Commodity Markets: Rational Expectations in Markets With Irrational Investors [PDF]
The "financialization" of commodity markets have become a concern for policy makers and market participants. What was once a market for the hedging of holding physical commodities has expanded to become a market for the diversification of financial ...
Smith, Aaron D., Wong, Teddy T.
core
When the River Runs Low: Heterogeneous Impacts of Transportation Disruptions on Local Grain Basis
ABSTRACT A substantial share of U.S. soybean and corn exports from the Midwest moves by barge along the Mississippi River system to export terminals in the Louisiana Gulf. Transportation costs between Midwestern grain elevators and export terminals create a wedge between prices at these locations, and shocks to these costs are partially passed on to ...
Yuan Zhang +3 more
wiley +1 more source

