Dynamic Price Relationships for U.S. and EC Corn Gluten Feed and

Milton S Boyd and B Brorsen

European Review of Agricultural Economics, 1986, vol. 13, issue 2, 199-215

Abstract: The dynamic relationship of U.S. and European Community prices of corn-gluten feed and related markets are investigated using time- series models. Results show that prices for Rotterdam corn-gluten feed and soybean meal markets are instantaneously related, and that these commodities behave as strong substitutes but behave as weak substitutes for West German barley. Thus, the results indicate that corn-gluten feed acts more like a protein supplement than a feed grain or energy substitute. Thus, proposed European community import restrictions on corn-gluten feed are more likely to result in increased imports of soybean meal or other protein supplements than increase d use of European Community feed grain. Copyright 1986 by Oxford University Press.

Date: 1986
References: Add references at CitEc
Citations: View citations in EconPapers (7)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:oup:erevae:v:13:y:1986:i:2:p:199-215

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().