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Marketing Institutions in International Commodity Markets

Published online by Cambridge University Press:  28 April 2015

Andrew Schmitz
Andrew Schmitz*
Affiliation:
Department of Agricultural Economics and Resource Economics, University of California
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Extract

International markets for the majority of agricultural commodities are extremely complex. They include public and private traders along with influences from domestic and international government policies. In recent years, the United States has experienced a decline in the market share in two of its major agricultural exports—rice and wheat. For example, at one time the United States had roughly 45 percent of the world wheat market; but, by the end of 1985, its share had dropped below 40 percent. Also, in terms of rice, the United States market share has dropped from 25 percent to below 20 percent.

Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 18 , Issue 1 , July 1986 , pp. 41 - 48
Copyright
Copyright © Southern Agricultural Economics Association 1986

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