@article{Lewis:117607,
      recid = {117607},
      author = {Lewis, Karen E. and Tonsor, Glynn T.},
      title = {The Impact of Ethanol Production on Spatial Grain Market  Relationships},
      journal = {International Food and Agribusiness Management Review},
      address = {2011-11-01},
      number = {1030-2016-82910},
      series = {Volume 14},
      pages = {14},
      month = {Nov},
      year = {2011},
      note = {www.ifama.org},
      abstract = {Using cointegration theory, grain markets in Michigan,  Kansas, Iowa and Indiana were examined to determine if  increased ethanol production affected spatial corn price  relationships in these states from 1998 through 2008. It  was determined that corn prices operated in a stable,  long-run equilibrium from 1998 through 2008 and increased  ethanol production did not have an effect on this  relationship. These findings suggest policy boosting  ethanol production has not altered relationships between  spatially dispersed corn markets. In addition to policy  makers, this information is also useful to farmers and  commodity traders who utilize market information when  managing their businesses.},
      url = {http://ageconsearch.umn.edu/record/117607},
      doi = {https://doi.org/10.22004/ag.econ.117607},
}