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A SPATIAL ANALYSIS OF WESTERN NEW YORK CORN PRICES

Steven K. Riggins

Journal of the Northeastern Agricultural Economics Council, 1978, vol. 07, issue 01, 4

Abstract: This paper develops the methodology used to investigate the pricing efficiency of farm level corn prices in a minor surplus production area (Western New York) located Within a much larger regionally deficit, producing area. The results Indicate that from January 1975-June 1976, farm level corn prices in Western New York were not competitively efficient. However, Western New York corn prices were competitively efficient after mid June 1976. A conclusion is that Western New York corn prices became competitively efficient after two new relatively large buyers located in the area.

Keywords: Crop Production/Industries; Productivity Analysis (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nareaj:159009

DOI: 10.22004/ag.econ.159009

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