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| Martinez-Mejia, Pablo; Malaga, Jaime E.. |
| For years, the U.S. price of grain sorghum has been settled as 95% of the price of corn. Nevertheless, the increasing demand for corn and grain sorghum in ethanol production might have changed that price relationship. In this study, we use cointegration and the vector autoregressive model with independent variable (VARX) to assess the relationship between the spot price of sorghum in several U.S. markets and corn’s futures market price during the period 1996–2008. The results indicate a price relationship between the price of sorghum in the Gulf ports, Kansas City, and Texas, and corn prices of 1.01, 0.99, and 0.99, respectively. These new relationships are noteworthy for producers and other stakeholders. |
| Tipo: Journal Article |
Palavras-chave: Causality test; Cointegration; Futures markets; VARX model; Agribusiness; Marketing. |
| Ano: 2009 |
URL: http://purl.umn.edu/90656 |
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| Malaga, Jaime E.; Xu, Bin; Martinez-Mejia, Pablo. |
| The Texas Department of Agriculture launched the GO TEXAN marketing promotion program in 1999 to support Texas agricultural and food production. The underlying assumption is that if successful, the program would support directly or indirectly the demand for Texas agricultural production and the well-being of the state’s rural population. This research analyzes responses to an official 2008 survey sent to the GO TEXAN program beneficiaries. Overall, this study suggests that not all activities in the program have a clearly positive impact. Participation in trade shows, retail promotion and media events, and reverse trade missions seem to have a significant effect on sales increase as well as the use of the program logo on promotional items and web sites. The... |
| Tipo: Journal Article |
Palavras-chave: Marketing promotion; Rural development; Marketing; Q13; Q19. |
| Ano: 2011 |
URL: http://purl.umn.edu/113537 |
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