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"Published continuously since 1972, Agricultural Product Prices has become the standard textbook and reference work for students in agricultural and applied economics, buyers and sellers of commodities, and policymakers, clearly explaining conceptual and empirical models applicable to agricultural product markets. The new fifth edition uses up-to-date information and models to explain the behavior of agricultural product prices. Topics include price differences over market levels (marketing margins), price differences over space (regionally and internationally) and by quality attributes, and price variability with the passage of time (seasonal and cyclical variations, trends, and random behavior). William G. Tomek and Harry M. Kaiser review and adapt microeconomic principles to the characteristics of agricultural commodity markets and then apply these principles to the various dimensions of price behavior. They also provide an in-depth discussion of prices established for futures contracts and their relationship to cash (spot) market prices; cover the influential roles of price discovery institutions, such as auctions and negotiated contracts, and government policies regulating trade and farms; and discuss the specification, use, and evaluation of empirical models of agricultural prices, placing emphasis on the challenges of doing high-quality, useful analyses and interpreting results"--

The study aims to investigate the relationship between the prices of agricultural products at the producer level with the prices of the same products at the consumer level in South Sumatera, Indonesia with a case study on the production and consumption of rice as the most important agricultural product in Indonesia. The analytical approach is linear regression modelling with Ordinary Least Squares (OLS), and the Approach of Index Market Connection model (IMC). The findings of the study indicated integration between the price of rice at the producer level and the price of rice at the consumer level. In addition, the three sample regions have IMC value less than 1, meaning that both markets have vertical integration in the short run. Another finding of this study is that the high price difference at the local market level is due to the long distribution of rice commodities in South Sumatera. Government intervention is particularly needed at the local market-level on pricing policy by shortening the distribution channels. ; peer-reviewed

India's agricultural growth during 61years period of Independence remains impressive at 2.7 percent per annum. Around two – third of this production growth is aided by crop productivity gains. The need based strategies followed since independence and intensified since mid – sixties mainly focused on feeding the growing population and making the country self sufficient in food production. Agricultural growth, measured as the annual rate of growth in net domestic product, increased from 1.9 percent per annum before the Green Revolution period (1950-1951 to 1966-1967) to 2.3 percent during the first phase of the Green Revolution (1966-1967 to 1980-1981). The growth rate accelerated further to 3.1 percent during the second phase of the Green Revolution (1980-1981 to 2000-2001). At the same time, the share of agriculture in total GDP has fallen from about a little over half in the early 1950s to around one-fourth in the late 1990s. Similar changes have occurred in the country's export basket as well. The share of agricultural exports in total exports of the country fell from 44 percent in early 1960s to about 14 percent in the late 1990s