Agricultural Commodities (agricultural + commodity)

Distribution by Scientific Domains
Distribution within Business, Economics, Finance and Accounting


Selected Abstracts


Drought Stress and Preharvest Aflatoxin Contamination in Agricultural Commodity: Genetics, Genomics and Proteomics

JOURNAL OF INTEGRATIVE PLANT BIOLOGY, Issue 10 2008
Baozhu Guo
Abstract Throughout the world, aflatoxin contamination is considered one of the most serious food safety issues concerning health. Chronic problems with preharvest aflatoxin contamination occur in the southern US, and are particularly troublesome in corn, peanut, cottonseed, and tree nuts. Drought stress is a major factor to contribute to preharvest aflatoxin contamination. Recent studies have demonstrated higher concentration of defense or stress-related proteins in corn kernels of resistant genotypes compared with susceptible genotypes, suggesting that preharvest field condition (drought or not drought) influences gene expression differently in different genotypes resulting in different levels of "end products": PR(pathogenesis-related) proteins in the mature kernels. Because of the complexity of Aspergillus -plant interactions, better understanding of the mechanisms of genetic resistance will be needed using genomics and proteomics for crop improvement. Genetic improvement of crop resistance to drought stress is one component and will provide a good perspective on the efficacy of control strategy. Proteomic comparisons of corn kernel proteins between resistant or susceptible genotypes to Aspergillus flavus infection have identified stress-related proteins along with antifungal proteins as associated with kernel resistance. Gene expression studies in developing corn kernels are in agreement with the proteomic studies that defense-related genes could be upregulated or downregulated by abiotic stresses. [source]


Can Russia be Competitive in Agriculture?

EUROCHOICES, Issue 3 2003
William M. Liefert
Summary Can Russia be competitive inAgriculture? Russian agriculture currently is not internationally cost competitive. Since the mid-1990s Russia has imported large volumes of meat, while the grain trade has fluctuated in most years between small net imports and exports. Russia has, however, exported large quantities of key agricultural inputs, including 80 per cent of fertilizer output, mainly to EU countries. Research indicates that Russia has a comparative advantage in producing grain compared to meat, but also a comparative advantage in producing agricultural inputs compared to agricultural outputs. The expected real appreciation of the Russian rouble vis-à-vis Western currencies should further damage Russia's cost competitiveness in meat and grain, but this should be offset by modest productivity growth. An expected rise in consumer income, deriving from relatively high annual GDP growth of about 4,5 per cent, should also stimulate demand for meat imports. In spring 2003, Russia imposed tariff rate quotas on its imports of beef and pork, and a pure quota on imports of poultry. For other agricultural commodities, Russia is pushing in its WTO accession negotiations for allowable agricultural import tariffs that are higher than current levels. Taking these changes together, it is likely that Russia will continue as a big meat importer for about the next ten years,with tariff rate quotas probably determining the level of meat imports,and will become a moderate grain exporter. L'agriculture russepourrait-elle être compétitive ? Actuellement, l'agriculture russe n'est pas compétitive. La Russie a importé de gros volumes de viande depuis le milieu des années 90, tandis que la balance des échanges de céréales oscillait entre les faibles excédents et les faibles déficits. Cependant, la Russie est grande exportatrice d'agro-fournitures dont, en particulier, 80% de sa production d'engrais, principalement vers l'Europe. On montre ici que l'avantage comparatif de la Russie se situe dans les céréales plutôt que dans la viande et, surtout, dans les agro-fournitures plutôt que dans les denrées agricoles. La remontée, à laquelle il faut s'attendre, du rouble vis à vis des devises occidentales, devrait encore diminuer la compétitivité de la Russie en matière de viandes et de céréales, ce qui devrait être compensé par des gains de productivité même faibles. La hausse attendue des revenus des consommateurs, engenderée par une croissance élevée du revenu national, de l'ordre de 4 à 5% par an, devrait aussi stimuler la demande de viande importée. Au printemps 2003, la Russie s'est dotée d'un système de droits sur ses importations hors quotas de viande de bæuf et de pore, ainsi que d'un quota d'importation pour les produits avicoles. En ce qui conceme les autres produits agricoles, dans le cadre des négociations relatives à son entrée dans l'OMC, la Russie s'efforce d'obtenir l'autorisation d'augmenter les taxes à l'importation par rapport à leur niveau actuel. Au total done, à un horizon de l'ordre de dix ans, il est probable que la Russie reste un gros importateur de viandes - le niveau des taxes sur le hors quotas déterminant les niveaux d'importation -, et un modeste exportateur de céréales. Kann Russland auf dem Agrarsektorwettbewerbsfähig sein? Die russische Landwirtschaft ist hinsichtlich der Kosten momentan nicht international wettbewerbsfähig. Seit Mitte der 1990er importiert Russland große Mengen an Fleisch, während der Getreidehandel in den meisten Jahren zwischen geringen Nettoimporten und -exporten schwankte. Russland hat jedoch große Mengen an wichtigen landwirtschaftlichen Vorieistungen, unter anderem 80% seiner Düngerproduktion, hauptsächlich in EU-Länder exportiert. Forschungsergebnisse weisen darauf hin, dass Russland in der Produktion von Getreide verglichen mit Fleisch einen komparativen Vorteil besitzt; dies trifft jedoch ebenfalls auf die Produktion von landwirtschaftlichen Vorieistungen verglichen mit landwirtschaftlichen Endprodukten zu. Es ist anzunehmen, dass die erwartete reale Aufwertung des russischen Rubel gegenüber den westlichen Währungen eine zusätzliche Verschlechterung der russischen Wettbewerbsfähigkeit hinsichtlich der Kosten im Bereich Fleisch und Getreide nach sich zieht; dies sollte sich jedoch durch ein moderates Produktivitätswachstum ausgleichen. Der erwartete Anstieg der Verbrauchereinkommen, der sich aus dem relativ hohen jährlichen Bruttoin-landsproduktzuwachs von ca. 4,5 Prozent ableitet, sollte sich ebenfalls stimulierend auf die Nachfrage nach Fleischimporten auswirken. Im Frühjahr 2003 führte Russland Zolltarifkontingente für seine Schweine- und Rindfleischimporte ein und belegte seine Geflügelfleischimporte mit einem Importkontingent. Im Hinblick auf weitere Agrarerzeugnisse drängt Russland in den WTO-Beitrittsverhandlungen darauf, höhere Einfuhrzölle als die gegenwärtig geltenden zuzulassen. In Anbetracht all dieser Veränderungen ist es wahrscheinlich, dass Russland auch für die kommenden zehn Jahre große Mengen an Fleisch importieren,wobei möglicherweise Zolltarifkontingente die Menge bestimmen werden,und sich zu einem mäßigen Getreideexporteur entwickeln wird. [source]


The EU-Mercosol Free Trade Agreement: Quantifying Mutual Gains,

JCMS: JOURNAL OF COMMON MARKET STUDIES, Issue 5 2006
GERMÁN CALFAT
We identify trade in goods opportunities in a EU-Mercosul free trade area. Gains for Mercosul are rather concentrated, being mostly associated with a few agricultural commodities which face high protection barriers. EU gains are evenly spread, comprising a variety of market penetration possibilities. Trade deviation in the EU products is never higher than trade creation, confirming their international competitiveness and signalling that no great distortion of Mercosul's imports will take place. Balanced gains exist for both sides. For Mercosul, the agreement would act as a first serious trial for future liberalizations with other developed partners and as a warning on improvements in competitiveness. [source]


Comparative Advantage in Demand: Experimental Evidence of Preferences for Genetically Modified Food in the United States and European Union

JOURNAL OF AGRICULTURAL ECONOMICS, Issue 1 2006
Jayson L. Lusk
Q130; Q170; Q180; C190 Abstract The United States (US) exports more than US$6 billion in agricultural commodities to the European Union(EU) each year, but one issue carries the potential to diminish this trade: use of biotechnology in food production. The EU has adopted more stringent policies towards biotechnology than the US. Understanding differences in European and American policies towards genetically modified (GM) foods requires a greater understanding of consumers' attitudes and preferences. This paper reports results from the first large-scale, cross-Atlantic study to analyse consumer demand for genetically modified food in a non-hypothetical market environment. We strongly reject the frequent if convenient assumption in trade theory that consumer preferences are identical across countries: the median level of compensation demanded by English and French consumers to consume a GM food is found to be more than twice that in any of the US locations. Results have important implications for trade theory, which typically focuses on differences in specialization, comparative advantage and factor endowments across countries, and for on-going trade disputes at the World Trade Organization. [source]


The big picture: Obesity, consumption, and food production

AGRIBUSINESS : AN INTERNATIONAL JOURNAL, Issue 4 2006
Robert C. Johansson
Reducing the percentage of Americans who are either overweight or obese to meet public health objectives may influence agricultural production. The authors' results show that reducing aggregate consumption by 6% to meet public health objectives with no increase in overall physical activity could reduce production of agricultural commodities and reduce net returns to producers by $3.5 billion. However, if consumption is reduced by 2% concomitantly with a marginal increase in physical activity, similar health outcomes could be achieved at much less cost ($1.3 billion). Conversely, continuing obesity trends may enhance returns to agricultural production by $1.3 billion annually. Changes in agricultural activities would likely be variable across the landscape. Results indicate that the largest potential changes in agricultural producer net returns (positive or negative) would occur in the Corn Belt and the Lake States. There, crop acreage could fall by as much as 650,000 hectares. [EconLit citations: Q130, Q180] © 2006 Wiley Periodicals, Inc. Agribusiness 22: 491,503, 2006. [source]


Assessing the distortionary impact of state trading in China

AGRICULTURAL ECONOMICS, Issue 3-4 2010
Steve McCorriston
Trade policy; State trading enterprises; China Abstract State trading is a common feature in the management of imports and exports of agricultural products and it has been a long-standing feature of China's agricultural trade regime. While the use of state trading was modified by China's accession to the WTO, it remains a dominant feature for some commodities, even though there have been recent attempts to diminish its importance. In this article, we review the role that the state trading enterprise (STE), China National Cereals, Oils and Foodstuffs Import and Export Company (COFCO), continues to play in the importing and exporting of some agricultural commodities. We then review the economic theory that has been developed to measure the tariff equivalent of importing STEs. Finally, we apply that theory through a calibration exercise to measure the tariff equivalent of COFCO in China's import market for wheat. The distortionary impact of COFCO depends on the bias in government policy toward agriculture, the competitiveness of the domestic procurement market, and also the number of firms that are allocated licenses to import alongside COFCO. [source]


Are commodity prices chaotic?

AGRICULTURAL ECONOMICS, Issue 2 2002
Arjun Chatrath
Abstract We conduct tests for the presence of low-dimensional chaotic structure in the futures prices of four important agricultural commodities. Though there is strong evidence of non-linear dependence, the evidence suggests that there is no long-lasting chaotic structure. The dimension estimates for the commodity futures series are generally much higher than would be for low dimension chaotic series. Our test results indicate that autoregressive conditional heteroskedasticity (ARCH)-type processes, with controls for seasonality and contract-maturity effects, explain much of the non-linearity in the data. We make a case that employing seasonally adjusted price series is important in obtaining robust results via some of the existing tests for chaotic structure. Finally, maximum likelihood methodologies, that are robust to the non-linear dynamics, lend strong support to the Samuelson hypothesis of maturity effects in futures price changes. [source]


Economic development, institutional change, and the political economy of agricultural protection An econometric study of Belgium since the 19th century

AGRICULTURAL ECONOMICS, Issue 1 2001
Johan F.M. Swinnen
Abstract This empirical study uses 100 years of annual data on 11 agricultural commodities from Belgium to measure the impact of structural changes coinciding with economic development and changes in political institutions on agricultural protection. The analysis shows that changes in agricultural protection are caused by a combination of factors. Governments have increased protection and support to farmers when world market prices for their commodities fell, and vice versa, offsetting market effects on producer incomes. Other economic determinants were the share of the commodities in total consumer expenditures (negative effect) and in total output of the economy (positive effect). With Belgium a small economy, there was no impact of the trade position. Changes in political institutions have affected agricultural protection. Democratic reforms which induced a significant shift in the political balance towards agricultural interests, such as the introduction of the one-man-one-vote system, led to an increase in agricultural protection. The integration of Belgian agricultural policies in the Common Agricultural Policy in 1968 coincided with an increase in protection, ceteris paribus. Both institutional factors, related to changes in access to and information about the decision-making at the EU level, and structural changes in the agricultural and food economy may explain this effect. [source]


Sensitive enzyme-linked immunosorbent assay and rapid one-step immunochromatographic strip for fumonisin B1 in grain-based food and feed samples

JOURNAL OF THE SCIENCE OF FOOD AND AGRICULTURE, Issue 6 2010
Chang-Min Shiu
Abstract BACKGROUND: Maize contaminated with mycotoxin fumonisin B1 poses a global threat to agricultural production. In this study, polyclonal antibodies (pAb) specific to fumonisin B1 were generated from rabbits immunised with fumonisin B1,keyhole limpet haemocyanin (KLH). These antibodies were used to establish a sensitive competitive direct enzyme-linked immunosorbent assay (cdELISA) and gold nanoparticle immunochromatographic strip for detecting fumonisin B1 levels in maize-based foods and feeds. RESULTS: In cdELISA, fumonisins B1, B2 and B3 at concentrations of 0.42, 0.58 and 81.5 ng mL,1 respectively caused 50% inhibition (IC50) of binding of fumonisin B1,horseradish peroxidase (HRP) to the antibodies. Effective on-site detection of fumonisin B1 was achieved by developing a rapid and sensitive pAb-based gold nanoparticle immunochromatographic strip. This strip had a detection limit of 5 ng mL,1 for fumonisin B1 in maize-based samples. Additionally, the whole analytical process could be completed within 10 min. Close examination of 15 maize-based samples by cdELISA revealed that 11 were fumonisin-positive, with a mean concentration of 435 ± 20.1 ng g,1. These results correlated well with those obtained by immunochromatographic strip. CONCLUSION: Both cdELISA and immunochromatographic strip methods established in this study are sensitive for rapid detection of fumonisins in agricultural commodities. Copyright © 2010 Society of Chemical Industry [source]


Pesticide residues in field-sprayed and processed fruits and vegetables

JOURNAL OF THE SCIENCE OF FOOD AND AGRICULTURE, Issue 10 2004
María Jesús Chavarri
Abstract This study was initiated to determine what residues of six insecticides (organochlorine, organophosphorus and pyrethroids) and four dithiocarbamate fungicides remained on raw agricultural commodities after harvest and to study the effect of the subsequent commercial processing on the residues. Sprayed crops of tomatoes, red peppers, asparagus, spinach, artichokes and peaches harvested after controlled field trials contained residues well below the maximum residue levels, except for lindane in tomatoes and acephate in artichoke. Commercial processing procedures led to large reductions in residue levels in the finished products. Washing removed all residual lindane, chlorpyrifos and cypermethrin from tomatoes. Chlorpyrifos residues were reduced by 67% during wood-fire roasting of peppers, and subsequent peeling removed all the remains. Peeling and blanching of asparagus reduced chlorpyrifos concentrations to undetectable levels. Processing of artichokes eliminated acephate and chlorpyrifos after blanching. Acephate in peaches survived successive processing steps until the final heat process that destroyed remaining residues. The net results can contribute to assure the consumer of a safe wholesome food supply. Copyright © 2004 Society of Chemical Industry [source]


Inhibition of aflatoxin B1 production of Aspergillus flavus, isolated from soybean seeds by certain natural plant products

LETTERS IN APPLIED MICROBIOLOGY, Issue 5 2006
Y.L. Krishnamurthy
Abstract Aims:, The inhibitory effect of cowdung fumes, Captan, leaf powder of Withania somnifera, Hyptis suaveolens, Eucalyptus citriodora, peel powder of Citrus sinensis, Citrus medica and Punica granatum, neem cake and pongamia cake and spore suspension of Trichoderma harzianum and Aspergillus niger on aflatoxin B1 production by toxigenic strain of Aspergillus flavus isolated from soybean seeds was investigated. Methods and Results:, Soybean seed was treated with different natural products and fungicide captan and was inoculated with toxigenic strain of A. flavus and incubated for different periods. The results showed that all the treatments were effective in controlling aflatoxin B1 production. Captan, neem cake, spore suspension of T. harzianum, A. niger and combination of both reduced the level of aflatoxin B1 to a great extent. Leaf powder of W. somnifera, H. suaveolens, peel powder of C. sinensis, C. medica and pongamia cake also controlled the aflatoxin B1 production. Conclusions:, All the natural product treatments applied were significantly effective in inhibiting aflatoxin B1 production on soybean seeds by A. flavus. Significance and Impact of the Study:, These natural plant products may successfully replace chemical fungicides and provide an alternative method to protect soybean and other agricultural commodities from aflatoxin B1 production by A. flavus. [source]


Interdependencies between agricultural commodity futures prices on the LIFFE

THE JOURNAL OF FUTURES MARKETS, Issue 3 2002
P. J. Dawson
Interdependencies between commodity prices can arise from the impact of changing macroeconomic variables, from complementarities or substitutabilities between commodities, or from common responses by speculators. Malliaris and Urrutia (1996) found significant linkages between rollover prices of six related agricultural commodities on the Chicago Board of Trade. This article examines interdependencies between futures prices for soft commodities traded on the London International Financial Futures Exchange (LIFFE), calculated using Clark indices. Results show that there are no interdependencies between any two prices; price discovery of one contract provides no information about others. © 2002 John Wiley & Sons, Inc. Jrl Fut Mark 22: 269,280, 2002 [source]


Implications of World Trade Organisation accession for China's agricultural trade patterns

AUSTRALIAN JOURNAL OF AGRICULTURAL & RESOURCE ECONOMICS, Issue 2 2002
Colin A. Carter
This paper examines the composition of China's international trade from 1980 to 1997, with a focus on agriculture and a view towards understanding agriculture's changing trade structure relative to other sectors. We analyse the time series behaviour of individually traded goods at the Standard Industrial Trade Classification three-digit level, categorised into three groups: agricultural commodities, ,other' primary commodities and manufactures. We find that China's agricultural trade has expanded along comparative advantage lines in only a very modest way, suggesting that World Trade Organization membership will have a large impact on China's agricultural trade patterns. [source]


Analyzing Factors Affecting U.S. Food Price Inflation

CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS, Issue 3 2010
Jungho Baek
Since the summer of 2007, U.S. food price inflation has increased dramatically. Given public anxiety over fast-rising food prices, this study attempts to analyze the effects of market factors,prices of energy and agricultural commodities and exchange rate,on U.S. food prices using a cointegration analysis. Results show that the agricultural commodity price and exchange rate play the key roles in determining the short- and long-run movement of U.S. food prices. It is also found that in recent years, energy price has been a significant factor affecting U.S. food prices in the long run, but has little effect in the short run. This implies the strong linkage between energy and agricultural markets in the long run over the recent years. Depuis l'été 2007, l'inflation des prix des aliments aux États-Unis a augmenté considérablement. En raison de l'anxiété que la hausse rapide des prix des aliments suscite au sein de la population, nous avons tenté d'évaluer, à l'aide d'une analyse de co-intégration, les répercussions de certains facteurs de marché, le prix de l'énergie, le prix des produits agricoles primaires et le taux change , sur les prix des aliments aux États-Unis. Les résultats ont montré que les prix des produits agricoles primaires et le taux de change jouent un rôle important dans la détermination des tendances à court et à long terme des prix des aliments aux États-Unis. Nous avons également constaté que, au cours des dernières années, le prix de l'énergie a eu une forte influence sur les prix des aliments aux États-Unis à long terme, mais peu d'influence à court terme. Cette observation montre l'étroit lien à long terme des marchés de l'énergie et des produits agricoles au cours des dernières années. [source]


Porcine induced pluripotent stem cells may bridge the gap between mouse and human iPS

IUBMB LIFE, Issue 4 2010
Miguel A. Esteban
Abstract Recently, three independent laboratories reported the generation of induced pluripotent stem cells (iPSCs) from pig (Sus scrofa). This finding sums to the growing list of species (mouse, human, monkey, and rat, in this order) for which successful reprogramming using exogenous factors has been achieved, and multiple others are possibly forthcoming. But apart from demonstrating the universality of the network identified by Shinya Yamanaka, what makes the porcine model so special? On one side, pigs are an agricultural commodity and have an easy and affordable maintenance compared with nonhuman primates that normally need to be imported. On the other side, resemblance (for example, size of organs) of porcine and human physiology is striking and because pigs are a regular source of food the ethical concerns that still remain in monkeys are not applicable. Besides, the prolonged lifespan of pigs compared with other domestic species can allow exhaustive follow up of side effects after transplantation. Porcine iPSCs may thus fill the gap between the mouse model, which due to its ease is preferred for mechanistic studies, and the first clinical trials using iPSCs in humans. However, although these studies are relevant and have created significant interest they face analogous problems that we discuss herein together with potential new directions. © 2010 IUBMB IUBMB Life, 62(4): 277,282, 2010 [source]