What is the most valuable agricultural commodity in the United States?
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Findings from the PUR tests clearly suggest that there is a strong unit root in agricultural commodity prices. | |
The findings have significant implications in the domain of agricultural commodity policy and financial sector. | |
This suggests a high interconnectedness of the selected agricultural commodity prices and inflation. | |
That the recent advance in raw commodity prices was one of the largest experienced in the United States is generally attributed to two factors: (1) the coincidence of the general business expansion in the United States with a reduction in the supply of some major agricultural products; and (2) the coincidence of the acceleration in general business expansions in the United States and other countries. | |
17 Citations | It is also found that the income and money supply in both the United States and the trading partners have significant impacts on U. S. agricultural trade in both the short and long run. |
Data from interviews with main agencies and organizations investing in sustainable commodity agriculture reveals that the most commonly used indicators in the academic literature do not overlap with the central aspects of agricultural commodity production that practitioners seek to monitor. | |
By outlining twelve key aspects of agricultural commodity production that the interviewed practitioners from major agencies and organizations deem important to track, our analysis provides a strong framework that can help bridge research-practitioner divisions related to agricultural commodity production and the use of indicators to monitor and assess its sustainability. |
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