International Journal of Management and Applied Science (IJMAS)
current issues
Volume-5,Issue-3  ( Mar, 2019 )
Past issues
  1. Volume-5,Issue-3  ( Mar, 2019 )
  2. Volume-5,Issue-2  ( Feb, 2019 )
  3. Volume-5,Issue-1  ( Jan, 2019 )
  4. Volume-4,Issue-12  ( Dec, 2018 )
  5. Volume-4,Issue-11  ( Nov, 2018 )
  6. Volume-4,Issue-10  ( Oct, 2018 )
  7. Volume-4,Issue-9  ( Sep, 2018 )
  8. Volume-4,Issue-8  ( Aug, 2018 )
  9. Volume-4,Issue-7  ( Jul, 2018 )
  10. Volume-4,Issue-6  ( Jun, 2018 )

Statistics report
Jun. 2019
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 61
Paper Published : 3968
No. of Authors : 8139
  Journal Paper




Paper Title :
Investigation on Risk and Price Relationship Between Agriculture Commodity Exchange and Traditional Market for Livestock Feed

Author :Amir H. Chizari, Sooruosh Shirzad

Article Citation :Amir H. Chizari ,Sooruosh Shirzad , (2017 ) " Investigation on Risk and Price Relationship Between Agriculture Commodity Exchange and Traditional Market for Livestock Feed " , International Journal of Management and Applied Science (IJMAS) , pp. 114-120, Volume-3,Issue-3

Abstract : Maize, barley and Soybean meal are important products in feeding livestock and poultry in Iran. Price change of these inputs affected on the producers and consumers of meat in the country. Therefore identifying and administrate these price change shocks is very important for policy makers. The aim of this study is Investigation on Risk and price relationship between the price of commodity exchange and traditional markets in maize, barely and soybean meal. For this purpose, we used monthly spot (cash) price data over price data from March 2010 to November 2015 in commodity Exchange and traditional markets. Techniques used for price risk are Standard Deviation, Coefficient 0f Variation, Percentage Range and Average Percentage. For testing price relation new methods of econometric time series, co-integration and the Vector autoregressive model was used. Results suggest that commodity Exchange market price risk is lower than traditional market, also the long-run relationship between the price of commodity exchange and traditional markets for maize, barely and soybean meal. Granger causality test shows the price variable in commodity exchange is the cause of price changes in traditional market. Therefore the correct pricing system on the Commodity Exchange as the market leader, and create mechanisms to prevent the transmission of Fluctuations in to the traditional market. Keywords- commodity exchange markets, inputs and livestock, price risk, price integration.

Type : Research paper


Copyright: © Institute of Research and Journals

| PDF |
Viewed - 34
| Published on 2017-06-08
   
   
IRAJ Other Journals
IJMAS updates
IJMAS -THANK YOU ALL FOR CONTRIBUTING YOUR PAPER TO IJMAS DECEMBER ISSUE.ALL AUTHORS ARE REQUESTED TO GET THEIR HARD COPY NOW.
The Conference World
Facebook

JOURNAL SUPPORTED BY