The Economics of World Wheat Markets

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  • Format: Hardcover
  • Copyright: 2000-02-17
  • Publisher: Cab Intl

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Supplemental Materials

What is included with this book?


This book provides a detailed review of recent and likely future developments in worldwide wheat markets among major exporting and importing countries. Country specific issues are examined fr Russia and China, whose role in world wheat markets has changed rapidly over the last decade, and for major exporting countries, including the USA, European Union, Canada, Argentina and Australia. The effects of international trade agreements are examined. The book describes the kay economic issues as well as techniques used to analyse wheat commodity market behavior.

Table of Contents

Contributors ix
Preface xiii
Introduction xv
Part I: An Overview of Future Development of World Wheat Markets 1(142)
An Overview of World Wheat Markets
John M. Antle
Vincent H. Smith
North America and the World Grain Market
D. Gale Johnson
Long-term Supply and Demand Trends: Whither the Real Price of Wheat?
John M. Antle
Dermot Hayes
Samarendu Mohanty
Pavel Vavra
Vincent H. Smith
The Longer-run Dynamics of World Wheat Prices: the Role of Stocks
Colin A. Carter
Cesar Revoredo
Vincent H. Smith
The Short-run Dynamics of World Wheat Prices
Eugenio S.A. Bobenrieth
Brian D. Wright
The Future of the Green Revolution: Implications for International Grain Markets
Robert W. Herdt
Part II: State Trading and Import Demand Stability in Major Importing Countries 143(58)
Wheat in China: Supply, Demand and Trade in the 21st Century
Scott D. Rozelle
Jikun Huang
Russian Agriculture and World Grain Trade: Lessons from the Past and Implications for the Future
Barry K. Goodwin
Thomas J. Grennes
Part III: The GATT Process: Implications for World Wheat Exports 201(70)
Emerging Differences in State Grain Trading: Australia and Canada
Colin A. Carter
William W. Wilson
The European Union Common Agricultural Policy Under the GATT
Anthony Rayner
Robert Hine
Timothy Lloyd
Vincent H. Smith
Robert Ackrill
State Trading Companies, Time Inconsistency, Imperfect Enforceability and Reputation
Tigran A. Melkonian
Stanley R. Johnson
Part IV: Western Hemisphere Integration 271(80)
Canadian/US Farm Policies and the Creation of a Single North American Grain Market
Bruce L. Gardner
South American Wheat Markets and MERCOSUR
Eugenio Diaz-Bonilla
Part V: Implications of Domestic International Trade Policies and Markets for Wheat Producers in the USA 351(80)
The Provision of Rail Service: the Impact of Competition
Murray Fulton
Richard S. Gray
Grain Quality and North American Hard Wheat Exports
William W. Wilson
Bruce L. Dahl
Impacts of Agricultural and Trade Policies on Northern Plains Agriculture: a Case Study of North Dakota Representative Farms
Won W. Koo
Prices, Net Returns and Land Use in Northern Great Plains Dryland Grain Production
John M. Antle
Susan M. Capalbo
James B. Johnson
Walter E. Zidack
Synthesis and Implications
John M. Antle
Vincent H. Smith
Index 431

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