The Price Impacts on the Canned Peach Industry by the Federal Commodity Procurement Program

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dc.contributor.authorSceiford, Amandaen
dc.contributor.committeecochairDavis, George C.en
dc.contributor.committeecochairMainville, Denise Y.en
dc.contributor.committeememberTaylor, Daniel B.en
dc.contributor.committeememberYou, Wenen
dc.contributor.departmentAgricultural and Applied Economicsen
dc.date.accessioned2014-03-14T20:43:08Zen
dc.date.adate2009-08-25en
dc.date.available2014-03-14T20:43:08Zen
dc.date.issued2009-07-28en
dc.date.rdate2009-08-25en
dc.date.sdate2009-08-10en
dc.description.abstractThis thesis analyzes the effects on the price impacts of the Commodity Procurement Program when canned peaches are purchased. The main objective is to assess the effects of canned peaches purchases on the farm-level price of canning peaches. Interviews of the industries that participate in the Commodity Procurement Program are used to understand how the industry interacts with commodity procurements and to evaluate if the industry feels that commodity procurements have a significant effect on procured fruits' and vegetables' prices to help better judge the overall effectiveness of the commodity procurement program. A theoretical model of the Commodity Procurement Program's effects on the vertically related markets is constructed. Data are collected for the processor-level and farm-level peach markets. The results provide evidence that the quantity demanded of commodity procurements for canned peaches has a statistically significant negative effect on both the partial and final processor-level price. Also the results indicate that the quantity demanded of commodity procurements for canned peaches does not have a statistically significant effect on the final farm-level price. The results from the Breusch-Pagan tests for the processor-level partial reduced form price equation, the processor-level final reduced form price equation and the farm-level final reduced form price equation indicate that there is no significant evidence that the quantity demanded of commodity procurements stabilizes or destabilizes the farm-level or processor-level price.en
dc.description.degreeMaster of Scienceen
dc.identifier.otheretd-08102009-161619en
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-08102009-161619/en
dc.identifier.urihttp://hdl.handle.net/10919/34463en
dc.publisherVirginia Techen
dc.relation.haspartETD-Sceiford.pdfen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectagricultural price analysisen
dc.subjectCommodity Procurement Programen
dc.subjectcommodity purchasingen
dc.titleThe Price Impacts on the Canned Peach Industry by the Federal Commodity Procurement Programen
dc.typeThesisen
thesis.degree.disciplineAgricultural and Applied Economicsen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.levelmastersen
thesis.degree.nameMaster of Scienceen

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