• Title/Summary/Keyword: maize markets

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Price transmission in domestic agricultural markets: the case of retail and wholesale markets of maize in Rwanda

  • Ngango, Jules;Hong, Seungjee
    • Korean Journal of Agricultural Science
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    • v.47 no.3
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    • pp.567-576
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    • 2020
  • One of the main challenges receiving much attention in the Rwandan agriculture and food industry in recent decades is the increases in maize prices. Indeed, a rise in maize prices causes higher living expenses for households because maize, which is a major staple food crop, constitutes a significant share of total food consumption among households in Rwanda. The aim of this study was to assess the extent of integration and how prices are transmitted between retail and wholesale markets of domestic maize in Rwanda. This study used monthly data of retail and wholesale prices of maize from January 1995 to December 2019. This empirical investigation was based on a linear cointegration approach and an asymmetric error correction model framework. Using the augmented dickey-fuller residual-based test and the Johansen Maximum Likelihood cointegration test, the results revealed that the retail and wholesale markets of maize are integrated. Hence, prices in these markets do not drift apart in the long run. The results of the Granger causality test revealed that there is a unidirectional causal relationship flowing from wholesale prices to retail prices, i.e., wholesale prices influence retail prices. Accordingly, the results from the asymmetric error correction model confirmed the presence of a positive asymmetric price transmission between wholesale and retail prices of maize in Rwanda. Thus, we suggest that policymakers take a critical look at the causes and factors that may influence asymmetry price transmission.

Current Status and Prospect of Qauality Evaluation in Maize (옥수수의 품질평가 현황과 전망)

  • 김선림;문현귀;류용환
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.47
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    • pp.107-123
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    • 2002
  • This paper is intented to present a information of various aspects of quality related characteristics and standards for grades in maize. Maize is world's one of the three most popular cereal crops and a primary energy supplement and can contribute up to 30, 60, and 98% of the dairy diet's protein, net energy, and starch, respectively. Maize is also processed into industrial goods by wet or dry milling. Sweet corn is a leader among vegetable crops and its production for fresh or processing markets is a major industry in many countries. Over the years, the combined efforts of breeders and geneticists, biochemists, food scientists, and others have helped bring us to the point where we understand issues related to sweet corn quality. Traditional criteria for selecting corn hybrids have been based primarily on agronomic factors, including grain production, disease resistance, drought tolerance, and storage characteristics. Little emphasis has been placed on the quality and nutritional values of corn. Although there is widespread interest for value-enhanced corns have increased tremendously in the last five years, there is limited information available on the production and comparing the quality attributes of specialty grains with those of normal yellow dent corn. Most countries have developed national maize standards, aiming to provide a framework for trade, both internal and external. Where trading involves direct choice and price negotiation in front of the commodity, grading standards are rarely employed; quality is assessed visually and is influenced by end-use, and the price is determined more by local rather than national factors. The use of an agreed standard will provide an unambiguous description of the quality of the consignment and assist in the formation of a legally-binding contract. Standards can also be seen to protect consumers rights through setting limits to the amount of unsuitable or noxious material.

Validation of Korean Meat Products and Processed Cheese for the Detection of GMO using p35S and tNOS Primers

  • Shin, Hyo-Jin;Heo, Eun-Jeong;Moon, Jin-San;Kim, Ji-Ho;Kim, Young-Jo;Park, Hyun-Jung;Yoon, Yo-Han;Kim, Jin-Man;Wee, Sung-Hwan
    • Food Science of Animal Resources
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    • v.31 no.5
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    • pp.658-662
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    • 2011
  • In this study, 543 samples of press hams, sausages, processed ground meat and processed cheese acquired from retail markets in Seoul and Gyeonggi province in Korea from 2005 to 2010 were monitored using a one-step multiplex polymerase chain reaction (PCR) method that involves the amplification of specific soya or maize endogenous genes and the amplification of 35S promoter (p35S) and nopaline synthase terminator (tNOS) for GMO detection. Among the 543 samples, 477 samples were amplified for maize and/or soybean endogenous genes. Although one sausage sample collected in 2008 showed amplification of tNOS, the result was assumed to be false positive based on the results from further tests of other sausage samples of the same brand. Our results demonstrate the absence of GM soya and/or maze of livestock products in the Korean market during 2005-2010. In addition, the one-step multiplex PCR using previously constructed primer sets appears to be useful as a screening method for the detection of GMOs in processed livestock products. However, more specific methods should be established and employed to detect the event-specific GM gene for positive reaction samples by screening tests in processed livestock products.

Direction Of Trade Of Major Agricultural Commodities From India

  • Kumar, K. Nirmal Ravi
    • Agribusiness and Information Management
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    • v.12 no.1
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    • pp.36-49
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    • 2020
  • This study pertains to direction of exports direction of major agricultural commodities viz., rice, maize, bengal gram, chillies and cotton from India. In the ensuing next decade during 21st century, India is likely to witness changes in the export pattern of these commodities due to both internal and external constraints. One of the major internal constraints is mounting cost of production. Similarly, one of the most important external constraints include excessive subsidization by importing countries that makes Indian commodities less competitive in the international market. So, the important research question is to analyse the direction of exports of major agricultural commodities from India during post-WTO regime. The dynamic nature of trade pattern of the selected commodities was analyzed by employing the first order Markov process by examining gains and losses in respect of export shares of major Indian agricultural commodities to different countries. During the post-WTO regime, it was found that Saudi Arabia for rice, Bangladesh for maize, Pakistan for bengal gram, Malaysia for (dry) chillies, China, mainland for cotton are the loyal destinations for the commodities. The increasing demand for the selected commodities in countries like Saudi Arabia, Côte d'Ivoire for rice; Malaysia for maize; Pakistan and Algeria for Bengal gram; USA and Sri Lanka for (dry) chillies and Vietnam, Pakistan and Indonesia for cotton need to be explored for augmenting the exports. In order to achieve this goal, it is essential that consumer preferences in newer markets, market intelligence and impediments for augmenting exports need to be researched. It is also high time to analyze the export competitiveness of selected commodities across these importing countries.

Feasibility Study on the Development of Environmental Friendly Livestock Complex in the Reclaimed Tideland (간척지 자연순환형 친환경축산단지 도입 타당성 연구)

  • Heo, Nam-Hyo;Lee, Seung-Heon;Kim, Byeong-Ki
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.430-433
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    • 2009
  • The development of large-scale environmental friendly livestock complex in the reclaimed tideland is one of different alternatives to increase the competitiveness of internal livestock industry against an international opening markets as DDA and FTA in agricultural field. Recently, it is possible to introduce an environmental friendly livestock complex in the reclaimed tideland by an amendment of the acts for agricultural land. However more studies that are on the basis of nitrogen and phosphorus mass balance need to preserve the agricultural environments as the quality of agricultural water and soil in rural area. In this study, the reference for feasibility study is Whaong reclaimed tideland which located at Whaseong city, Gyeonggi Province, and a basic concept of environmental friendly livestock complex is the production of forage crops with the supply of liquid fertilizer and the production of bioenergy such as biogas by the recycling of pig slurry as a resource. The mass balance of nitrogen based on between forage crops such as maize, barley and liquid fertilizer supplied at the reclaimed tideland, and also it was estimated an economical efficiency as anaerobic digestion plant for treating pig slurry of $100m^3/day$ introduce in an environmental friendly livestock complex.

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Discrimination of vegetable oils by stable carbon isotope ratio and fatty acid composition (탄소 안정동위원소 비율 및 지방산 조성을 활용한 식용유지류의 판별)

  • Kim, Jae-Young;Lee, Sang-Mok;Chang, Moon-Ik;Cho, Yoon-Jae;Chae, Young-Sik
    • Analytical Science and Technology
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    • v.27 no.1
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    • pp.66-77
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    • 2014
  • This study was carried out to examine the authenticity discrimination of circulated vegetable oils by using carbon isotope ratio (${\delta}^{13}C$) and fatty acid composition. This analysis was applied to vegetable oils which we can buy in Korean markets, and the analytical instrument was measured by using EA-IR/MS for ${\delta}^{13}C$ and GC/FID for fatty acid composition. ${\delta}^{13}C$ was separated into 3 groups as $C_3$ plant including sesame oil, $C_4$ plant including maize oil, and rice bran oil. Fatty acid composition was significantly different among vegetable oils. In addition, the interval of low and high price vegetable oils was classified through the scatter plot analysis showing the correlation of the ${\delta}^{13}C$ and fatty acid composition. Therefore, through a simultaneous determination of the ${\delta}^{13}C$ and fatty acid composition, we are able to determine the majority of vegetable oils. It help to ensure food safety in Korean market by exclusion of economically modified adulteration in food.