Forecasting Organic Wheat Prices: Do Conventional Prices Play a Role?

Tatiana Drugova, Veronica Pozo and Kynda Curtis

Journal of Food Distribution Research, 2018, vol. 49, issue 01

Abstract: Organic wheat production is generally profitable in the West, but farmers considering organic conversion or maintaining current organic fields face uncertainty due to significant price variations over time. The ability to predict price movements in this market is complicated by the limited availability of pricing data as well as missing observations. This study evaluates three methods to impute missing price observations. Additionally, we investigate short- and long-run relationships between organic and conventional wheat prices to understand whether conventional prices can help to predict organic wheat prices. Results indicate that conventional wheat prices influence organic prices, but only in the short run.

Keywords: Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Food Security and Poverty (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/274603/files/JFDR_49.1_8_Curtis.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:274603

DOI: 10.22004/ag.econ.274603

Access Statistics for this article

More articles in Journal of Food Distribution Research from Food Distribution Research Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().