Discussion: Exchange Rates, Energy Policy and Outcomes in Agricultural Markets

These three invited papers examine the role that exchange rates may have in influencing commodity prices, input prices and farm income. The papers arguably represent one of the most important recent attempts to quantify and explain these new linkages. As U.S. and world agriculture moves from a period of high output prices to a period of lower prices, understanding the impact of macroeconomic variables on farm input costs and farm income will become more important. Further, it will be equally important for policy makers to undertake appropriate market interventions in order to have maximum effectiveness should this period of cost-price-squeeze continue to intensify. Each of the papers has something significant to contribute to the understanding and debate of these new linkages between agriculture, the macroeconomic environment, and the energy sector.

Issue Date:
Aug 01 2009
Publication Type:
Journal Article
PURL Identifier:
Published in:
Journal of Agricultural and Applied Economics, Volume 41, Number 2
Page range:
JEL Codes:

 Record created 2017-04-01, last modified 2017-08-25

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