Go to main content
Did you know? By making a gift to AgEcon Search, you are helping ensure that our small non-profit continues to provide free full-text access to 15,000 visitors a day from 170+ countries
Format
BibTeX
MARCXML
TextMARC
MARC
DublinCore
EndNote
NLM
RefWorks
RIS

Files

Abstract

We analyze the price relationship of refined-bleached-deodorized (RBD) soybean oil prices among four regional U.S. markets (Central Illinois, U.S. Gulf, West Coast, and East Coast). Econometric time-series methods were used to detect price integration, linkages, and responsiveness for each oil type and among each market. Results show that the four markets have remained price-integrated in the long run. This implies that the markets are spatially efficient. The results, however, also suggest that the level of market efficiency may have decreased to some extent after the U.S. biodiesel production surge in the mid-2000s.

Details

PDF

Statistics

from
to
Export
Download Full History