<b>Analysis of the Relationship between Domestic Feed Prices and International Market </b><b>Price Fluctuations </b>
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- Wan Li
- Faculty of Agriculture, Tottori University
Bibliographic Information
- Other Title
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- 国内飼料価格と国際市場価格変動との関連性分析
- コクナイ シリョウ カカク ト コクサイ シジョウ カカク ヘンドウ ト ノ カンレンセイ ブンセキ
- Analysis of the Relationship between Domestic Feed Prices and International Market Price Fluctuations
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Description
This study analyzes recent-year price fluctuations on the international market that have affected domestic feed prices. A number of results were derived. F irst, there is no relationship between corn import prices and corn import volumes; there is also no relationship between corn import prices and domestic feed production. The corn import volume has been declining since reaching its peak in 2003. Second, the corn prices of near futures as per the Chicago Board of Trade (CBOT) precede corn import prices by four months; we also analyze domestic feed prices via time-series correlation analysis. Third, the greatest impact on domestic feed prices is that of corn prices of near futures on the CBOT, which were analyzed via multiple regression analysis. Fourth, under the compound feed price stabilization system in Japan, the impact of international market prices on domestic feed prices was found to be around 10-15%.
Journal
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- Journal of Rural Problems
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Journal of Rural Problems 49 (1), 183-187, 2013
The Association for Regional Agricultural and Forestry Economics
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Details 詳細情報について
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- CRID
- 1390001204489551104
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- NII Article ID
- 10031182426
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- NII Book ID
- AN00202829
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- ISSN
- 21859973
- 03888525
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- NDL BIB ID
- 024783850
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- Text Lang
- ja
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- Data Source
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- JaLC
- IRDB
- NDL
- Crossref
- CiNii Articles
- KAKEN
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- Abstract License Flag
- Disallowed