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Agriculture And Energy Price Transference: The Impact Of Crude Oil On Us Wheat Markets, Rob Humphrey

Boise State Graduate Student Projects

Markets with petroleum products as primary inputs face unique price pressures. I provide a thorough analysis of U.S. wheat prices to investigate connections between international petroleum markets and commodity prices in the US. This research is critical for farmers, policymakers, and scholars interested in the relationship between crude oil inputs and commodity outputs. The research thus offers novel information for a large proportion of US territory under agricultural cultivation. Moreover, this research has implications for agricultural production and policy formulation around the world. The results of the investigation demonstrate support for high short-term volatility in wheat prices based on oil …