Farm-retail price transmission in Malaysian pork sector

California Farm-Retail Milk Price Relationships

Milk pricing in California is often controversial. Consumer advocates and their organizations periodically charge that retail milk prices are “unfair” or “too high” and call for public intervention in the fluid-milk market. The consumer view is expressed by Consumers Union, which after conducting surveys of retail milk prices in Los Angeles and San Francisco area food stores, charged that large...

Price Discovery & Risk Management in an Industrialized Pork Sector

The process of industrialization in the swine industry has been written about extensively in recent years by Grimes, Barkema and Cook, Hurt, Rhodes, Boehlje and Schrader and others. The purpose of this paper is to concentrate on the pricing issues that have arisen during this process of industrialization. These issues include the diminishing role of open competitive markets and the increasing r...

Farm-Retail Price Spreads in a Changing Economy

Retail-to-Farm Transmission of Generic Advertising Effects

The efficacy of commodity checkoff programs, especially the effects of generic advertising programs, on producers' welfare has received much attention by agricultural economists , commodity groups, and legal observers. At the center of the debate has been the question of whether producers are better off under a voluntary or mandatory checkoff program. Allocation of checkoff funds for generic ad...

Local polynomial fitting and spatial price relationships: price transmission in EU pork markets

We study price transmission processes within EU pork markets after the implementation of the EU single market in 1993. We compare results derived from nonparametric regressions with those obtained using alternative non-linear threshold models. Both techniques support the hypothesis that prices are transmitted across spatially separate EU pig markets and provide evidence for asymmetric price adj...