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A Spatial Analysis Of Western New York Corn Prices

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  • Riggins, Steven K.

Abstract

This paper develops the methodology used to investigate the pricing efficiency of farm level corn prices in a minor surplus production area (Western New York) located Within a much larger regionally deficit, producing area. The results Indicate that from January 1975-June 1976, farm level corn prices in Western New York were not competitively efficient. However, Western New York corn prices were competitively efficient after mid June 1976. A conclusion is that Western New York corn prices became competitively efficient after two new relatively large buyers located in the area.

Suggested Citation

  • Riggins, Steven K., 1978. "A Spatial Analysis Of Western New York Corn Prices," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 7(1), pages 1-4, April.
  • Handle: RePEc:ags:nareaj:159009
    DOI: 10.22004/ag.econ.159009
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    References listed on IDEAS

    as
    1. G. G. Judge & T. D. Wallace, 1958. "Estimation of Spatial Price Equilibrium Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(4), pages 801-820.
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