A SPATIAL ANALYSIS OF WESTERN NEW YORK CORN PRICES

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.


Issue Date:
1978-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/159009
Published in:
Journal of the Northeastern Agricultural Economics Council, Volume 07, Number 1
Journal of the Northeastern Agricultural Economics Council
Page range:
19-22
Total Pages:
4




 Record created 2017-04-01, last modified 2017-08-27

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