Table of Contents:
  • Principles of price determination. Demand for agricultural products
  • Demand elasticities and related coefficients
  • Supply relationships in agriculture
  • Price determination: theory and practice
  • Price differences and variability. Marketing margins
  • Price differences associated with quality
  • Spatial price relationships
  • Price variation through time
  • General farm- non-farm price relationships
  • Pricing institutions. Mechanisms for discovering prices
  • Price relationships on commodity futures markets
  • Functions of commodity futures markets
  • Introduction to empirical price analysis. Background for price analysis
  • Using and evaluating results
  • Applications.