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An Analysis of Price Behavior in the United States Peanut Industry

Author

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  • Bolotova, Yuliya V.

Abstract

This research paper analyzes the fundamental relationship between peanut price and peanut production in the U.S. peanut industry during the period of 2003-2016, which followed the industry deregulation that took place in 2002 (i.e. the implementation of the Federal peanut quota buyout program and the elimination of associated price supports). The inverse demand framework is used to evaluate the peanut price-quantity relationship at the growers’ level of the peanut supply chain in a market environment free of the government programs directly affecting the peanut quantity produced.

Suggested Citation

  • Bolotova, Yuliya V., 2018. "An Analysis of Price Behavior in the United States Peanut Industry," 2018 Annual Meeting, February 2-6, 2018, Jacksonville, Florida 266537, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea18:266537
    DOI: 10.22004/ag.econ.266537
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    References listed on IDEAS

    as
    1. Dohlman, Erik & Foreman, Linda F. & Da Pra, Michelle, 2009. "The Post-Buyout Experience: Peanut and Tobacco Sectors Adapt to Policy Reform," Economic Information Bulletin 56628, United States Department of Agriculture, Economic Research Service.
    2. Bolotova, Yuliya & Jemmett, Brian, 2010. "Idaho–Eastern Oregon Onion Industry Analysis," Journal of Food Distribution Research, Food Distribution Research Society, vol. 41(2), pages 1-15, July.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Bolotova, Yuliya, 2018. "Teaching Competition Topics in Undergraduate Courses in Agribusiness Programs: Applications of Seller Market Power," 2018 Annual Meeting, August 5-7, Washington, D.C. 274503, Agricultural and Applied Economics Association.
    2. Hawkins, Hannah & Dharmasena, Senarath, . "Price Discovery and Integration in U.S. Peanut Markets," Journal of Food Distribution Research, Food Distribution Research Society, vol. 51(1).

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