An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns
Wheat is a key global commodity in terms of acreage and tradeable value and as a staple in household diets. Many factors affect wheat prices including climate, yields, oil prices, lagged prices, and imports. In addition to gradually and consistently increasing global wheat demand, these market drive...
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| Format: | Article |
| Language: | English |
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Wiley
2017-01-01
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| Series: | International Journal of Agronomy |
| Online Access: | http://dx.doi.org/10.1155/2017/3931897 |
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| author | Aliakbar Enghiad Danielle Ufer Amanda M. Countryman Dawn D. Thilmany |
| author_facet | Aliakbar Enghiad Danielle Ufer Amanda M. Countryman Dawn D. Thilmany |
| author_sort | Aliakbar Enghiad |
| collection | DOAJ |
| description | Wheat is a key global commodity in terms of acreage and tradeable value and as a staple in household diets. Many factors affect wheat prices including climate, yields, oil prices, lagged prices, and imports. In addition to gradually and consistently increasing global wheat demand, these market drivers are posited to impact world prices and, ultimately, food security. To investigate how these factors differentially influence wheat markets, an extensive survey of literature regarding wheat market fundamentals was conducted, as well as a trend analysis using a uniquely compiled data set specific to significant wheat-producing areas. Previous studies show that imports, climate, oil prices, and past prices, among other factors, have a significant relationship with changes in the world wheat price. This study compiles and compares these same key variables from five major wheat export countries/regions for the time frame from 1980 to 2013. |
| format | Article |
| id | doaj-art-d8fa54093e5a498ebcaf4d2b4d0edec9 |
| institution | Kabale University |
| issn | 1687-8159 1687-8167 |
| language | English |
| publishDate | 2017-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | International Journal of Agronomy |
| spelling | doaj-art-d8fa54093e5a498ebcaf4d2b4d0edec92025-02-03T05:46:27ZengWileyInternational Journal of Agronomy1687-81591687-81672017-01-01201710.1155/2017/39318973931897An Overview of Global Wheat Market Fundamentals in an Era of Climate ConcernsAliakbar Enghiad0Danielle Ufer1Amanda M. Countryman2Dawn D. Thilmany3Business Administration, California State University, Northridge, 18111 Nordhoff Street, Northridge, CA 91330, USADepartment of Agricultural and Resource Economics, Colorado State University, 1200 Center Ave. Mall, Fort Collins, CO 80523-1172, USADepartment of Agricultural and Resource Economics, Colorado State University, 1200 Center Ave. Mall, Fort Collins, CO 80523-1172, USADepartment of Agricultural and Resource Economics, Colorado State University, 1200 Center Ave. Mall, Fort Collins, CO 80523-1172, USAWheat is a key global commodity in terms of acreage and tradeable value and as a staple in household diets. Many factors affect wheat prices including climate, yields, oil prices, lagged prices, and imports. In addition to gradually and consistently increasing global wheat demand, these market drivers are posited to impact world prices and, ultimately, food security. To investigate how these factors differentially influence wheat markets, an extensive survey of literature regarding wheat market fundamentals was conducted, as well as a trend analysis using a uniquely compiled data set specific to significant wheat-producing areas. Previous studies show that imports, climate, oil prices, and past prices, among other factors, have a significant relationship with changes in the world wheat price. This study compiles and compares these same key variables from five major wheat export countries/regions for the time frame from 1980 to 2013.http://dx.doi.org/10.1155/2017/3931897 |
| spellingShingle | Aliakbar Enghiad Danielle Ufer Amanda M. Countryman Dawn D. Thilmany An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns International Journal of Agronomy |
| title | An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns |
| title_full | An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns |
| title_fullStr | An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns |
| title_full_unstemmed | An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns |
| title_short | An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns |
| title_sort | overview of global wheat market fundamentals in an era of climate concerns |
| url | http://dx.doi.org/10.1155/2017/3931897 |
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