Rice: The Primary Commodity

Rice: The Primary Commodity

Author: A.J.H. Latham

Publisher: Routledge

Published: 2013-04-15

Total Pages: 132

ISBN-13: 1134745818

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Rice: The Primary Commodity de-mystifies the trade, outlines its workings and the problems which confront it. A.J. Latham outlines the history and cultivation of rice, and the research programmes which have done so much to revolutionise its production in recent years. Including case studies of the rice markets in India, Pakistan, Malaysia, Indonesia, Japan, Brazil, the USA and many other countries, this book gives an up-to-date and comprehensive view of the unpredictable and rapidly changing world market in rice.


The Rice Crisis

The Rice Crisis

Author: David Dawe

Publisher: Routledge

Published: 2012-07-26

Total Pages: 394

ISBN-13: 1136530398

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The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods. This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations


Primary Commodities

Primary Commodities

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1987-01-01

Total Pages: 104

ISBN-13: 1451943067

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This paper provides an analysis of recent developments relating to the major nonfuel primary commodities entering international trade. Particular attention is given to market price movements in 1986 and to the factors underlying these movements. In the case of some agricultural markets, changes in commodity-specific policies of industrial countries have also had the effect of increasing supplies and competition for markets. The other factors, including rates of inflation, exchange rate changes, and interest rates, have also influenced commodity prices, at least when measured in nominal dollar terms. The evolution of economic activity in the industrial countries is most relevant in explaining movements in prices of metals and other raw materials used in industry, while movements in prices of food and beverages are better explained by supply factors. Changes in production capacity resulting from investment decisions made in earlier years can have an important influence on commodity prices.


The Outlook for Primary Commodities

The Outlook for Primary Commodities

Author: Enzo R. Grilli

Publisher:

Published: 1983

Total Pages: 180

ISBN-13:

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This paper examines the short- and medium-term price and trade outlook for the primary commodities that are of special interest to developing countries. It is the result of an in-depth review of market prospects for primary commodities. It provides an overview of the macro-economic assumptions which were taken as a basis for the forecasts, a summary of the main results of the forecasts and a discussion of some of the key implications of the forecast exercise and policy issues that arise from the analysis. Specifically, Part I - Price and Trade Outlook is addressed covering: commodity markets in 1981-82; the short-term price outlook: 1982-83, the long-term price outlook for non-fuel commodities: 1990-95; qualifications of the long-term outlook for energy prices; and the long-term outlook for non-fuel commodity consumption, trade and developing countries' export revenues. Part II deals with the Implications and Issues and discusses: production growth in food crops - a comparative analysis; investment requirements in the non-fuel mineral industry 1980-95; commodities in world trade global and regional implications of the price and trade volume forecasts; international commodity agreements; agricultural protectionism and import penetration by developing countries.


Modeling and Forecasting Primary Commodity Prices

Modeling and Forecasting Primary Commodity Prices

Author: Walter C. Labys

Publisher: Routledge

Published: 2017-03-02

Total Pages: 247

ISBN-13: 1351917080

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Recent economic growth in China and other Asian countries has led to increased commodity demand which has caused price rises and accompanying price fluctuations not only for crude oil but also for the many other raw materials. Such trends mean that world commodity markets are once again under intense scrutiny. This book provides new insights into the modeling and forecasting of primary commodity prices by featuring comprehensive applications of the most recent methods of statistical time series analysis. The latter utilize econometric methods concerned with structural breaks, unobserved components, chaotic discovery, long memory, heteroskedasticity, wavelet estimation and fractional integration. Relevant tests employed include neural networks, correlation dimensions, Lyapunov exponents, fractional integration and rescaled range. The price forecasting involves structural time series trend plus cycle and cyclical trend models. Practical applications focus on the price behaviour of more than twenty international commodity markets.