Spatial Price Differentials for Corn among Illinois Country Elevators

Leroy Davis and Lowell Hill

American Journal of Agricultural Economics, 1974, vol. 56, issue 1, 135-144

Abstract: Corn price differentials among country elevators often exceed norms of perfect competition. Identification of causal factors may suggest remedial policy decisions. This study indicates that the variables of seasonal adjustments, local demand and supply conditions, availability of transportation facilities, and government loan rate are significant influences in price variation.

Date: 1974
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