WorldWideScience

Sample records for awpa commodity standards

  1. Impact assessment of commodity standards

    NARCIS (Netherlands)

    Ruben, Ruerd

    2017-01-01

    Voluntary commodity standards are widely used to enhance the performance of tropical agro-food chains and to support the welfare and sustainability of smallholder farmers. Different methods and approaches are used to assess the effectiveness and impact of these certification schemes at

  2. [Research progress on standards of commodity classes of Chinese materia medica and discussion on several key problems].

    Science.gov (United States)

    Yang, Guang; Zeng, Yan; Guo, Lan-Ping; Huang, Lu-Qi; Jin, Yan; Zheng, Yu-Guang; Wang, Yong-Yan

    2014-05-01

    Standards of commodity classes of Chinese materia medica is an important way to solve the "Lemons Problem" of traditional Chinese medicine market. Standards of commodity classes are also helpful to rebuild market mechanisms for "high price for good quality". The previous edition of commodity classes standards of Chinese materia medica was made 30 years ago. It is no longer adapted to the market demand. This article researched progress on standards of commodity classes of Chinese materia medica. It considered that biological activity is a better choice than chemical constituents for standards of commodity classes of Chinese materia medica. It is also considered that the key point to set standards of commodity classes is finding the influencing factors between "good quality" and "bad quality". The article also discussed the range of commodity classes of Chinese materia medica, and how to coordinate standards of pharmacopoeia and commodity classes. According to different demands, diversiform standards can be used in commodity classes of Chinese materia medica, but efficacy is considered the most important index of commodity standard. Decoction pieces can be included in standards of commodity classes of Chinese materia medica. The authors also formulated the standards of commodity classes of Notoginseng Radix as an example, and hope this study can make a positive and promotion effect on traditional Chinese medicine market related research.

  3. [Qualitative characteristics and classification study on commodity specification and grade standard of Panax notoginseng].

    Science.gov (United States)

    Liu, Da-Hui; Xu, Na; Guo, Lan-Ping; Jin, Yan; Cui, Xiu-Ming; Yang, Ye; Zhu, Xin-Yan; Zhan, Zhi-Lai; Huang, Lu-Qi

    2016-03-01

    Through the markets investigations and literature surveying, this paper investigates and analyzes the qualitative characteristics and commodity condition of Panax notoginseng. And the samples collected from market and origin were analyzed in order to revise the commodity specification and grade standard of P. notoginseng combined with production practice. In this paper, the authors divide the P. notoginseng into 4 commodity specification which are root (including Cunqi and Dongqi ), Rhizome and rootlet according to different parts and harvest time. And the root were divided into 8 grade which are 20, 30, 40, 60, 80, 120, countless and substandard. The density and internal components between the different commodity specification and grade of P. notoginseng were also compared. As well as the effect of different producing area, cultivation years and harvesting time on the commodity specification and grade of P. notoginseng were researched. On this basis, we revise and improve the commodity specification and grade standard of P. notoginseng. Moreover, we suggest the quality control indexes of P. notoginseng should be developed according to the different medicinal part and commodity specification in CHP. In order to guide the standardized production of traditional Chinese medicine and ensure the quality of medicinal materials, the cultivation years and density of each medicinal materials should also be indicated in CHP. Copyright© by the Chinese Pharmaceutical Association.

  4. [Research model on commodity specification standard of radix Chinese materia medica].

    Science.gov (United States)

    Kang, Chuan-Zhi; Zhou, Tao; Jiang, Wei-Ke; Huang, Lu-Qi; Guo, Lan-Ping

    2016-03-01

    As an important part of the market commodity circulation, the standard grade of Chinese traditional medicine commodity is very important to restrict the market order and guarantee the quality of the medicinal material. The State Council issuing the "protection and development of Chinese herbal medicine (2015-2020)" also make clear that the important task of improving the circulation of Chinese herbal medicine industry norms and the commodity specification standard of common traditional Chinese medicinal materials. However, as a large class of Chinese herbal medicines, the standard grade of the radix is more confused in the market circulation, and lack of a more reasonable study model in the development of the standard. Thus, this paper summarizes the research background, present situation and problems, and several key points of the commodity specification and grade standard in radix herbs. Then, the research model is introduced as an example of Pseudostellariae Radix, so as to provide technical support and reference for formulating commodity specifications and grades standard in other radix traditional Chinese medicinal materials. Copyright© by the Chinese Pharmaceutical Association.

  5. [Classification study on commodity specification and grade standard of Pseudostellariae Radix].

    Science.gov (United States)

    Kang, Chuan-Zhi; Zhou, Tao; Guo, Lan-Ping; Han, Bang-Xing; Huang, Lu-Qi; Xiao, Cheng-Hong; Xiong, Hou-Xi; Chen, Xue-Mei

    2014-08-01

    To study the commodity specification and grade standard of Pseudostellaria Radix, for standardizing market order and achieving industrialization, standardization and modernization of Pseudostellariae Radix. The different areas and grade medicinal materials of Pseudostellariae Radix were respectively measured in quantitative characteristics of appearance, and the present grade classification of Pseudostellaria Radix was scientifically verified by the content of polysaccharide. Then the determination data were evaluated by spss correlation analysis, principal component analysis and cluster analysis. So combining with the actual production, the commodity grade standard of Pseudostellariae Radix was formulated. Correlation analysis indicated that the present grade classification of Pseudostellaria Radix was reasonable, and the more the grade of Pseudostellariae Radix was high, the more the content of polysaccharide was high. Meanwhile, length as a classification index was not suitable for the commodity grade standard of Pseudostellariae Radix. Using principal component analysis and cluster analysis, combining actual production, the thickest diameter, weight of single root tuber and the number of 50 g root tuber were filtrated and the grade was divided into 5 ranks: big, mid- dle, small selected goods, big ungraded goods and small ungraded goods. the commodity specification and grade standard of Pseudostellariae Radix that mainly included the thickest diameter, weight of single root tuber and the number of 50 g root tuber was formulated, the standard was divided into 5 grade. Each grade was not only consistent with the present situation of medicinal materials market, it could also reflected the intrinsic quality of Pseudostellariae Radix. In conclusion, the standard could be used as a classifica- tion basis to the commodity specification and grade.

  6. Ecosystem service information to benefit sustainability standards for commodity supply chains.

    Science.gov (United States)

    Chaplin-Kramer, Rebecca; Jonell, Malin; Guerry, Anne; Lambin, Eric F; Morgan, Alexis J; Pennington, Derric; Smith, Nathan; Franch, Jane Atkins; Polasky, Stephen

    2015-10-01

    The growing base of information about ecosystem services generated by ecologists, economists, and other scientists could improve the implementation, monitoring, and evaluation of commodity-sourcing standards being adopted by corporations to mitigate risk in their supply chains and achieve sustainability goals. This review examines various ways that information about ecosystem services could facilitate compliance with and auditing of commodity-sourcing standards. We also identify gaps in the current state of knowledge on the ecological effectiveness of sustainability standards and demonstrate how ecosystem-service information could complement existing monitoring efforts to build credible evidence. This paper is a call to the ecosystem-service scientists to engage in this decision context and tailor the information they are generating to the needs of the standards community, which we argue would offer greater efficiency of standards implementation for producers and enhanced effectiveness for standard scheme owners and corporations, and should thus lead to more sustainable outcomes for people and nature. © 2015 New York Academy of Sciences.

  7. From Public to Private Standards for Tropical Commodities: A Century of Global Discourse on Land Governance on the Forest Frontier

    Directory of Open Access Journals (Sweden)

    Derek Byerlee

    2015-04-01

    Full Text Available Globalization and commodity exports have a long history in affecting land use changes and land rights on the tropical forest frontier. This paper reviews a century of social and environmental discourse around land issues for four commodities grown in the humid tropics—rubber, cocoa, oil palm and bananas. States have exercised sovereign rights over land and forest resources and the outcomes for deforestation and land rights of existing users have been quite varied depending on local institutional contexts and political economy. In the current period of globalization, as land use changes associated with tropical commodities have accelerated, land issues are now at center stage in the global discourse. However, efforts to protect forests and the rights of local communities and indigenous groups continue to be ad hoc and codification of minimum standards and their implementation remains a work in progress. Given a widespread failure of state directed policies and institutions to curb deforestation and protect land rights, the private sector, with the exception of the rubber industry, is emphasizing voluntary standards to certify sustainability of their products. This is an important step but expectations that they will effectively address concerns about the impact of tropical commodities expansion might be too high, given their voluntary nature, demand constraints, and the challenge of including smallholders. It is also doubtful that private standards can more than partially compensate for long standing weaknesses in land governance and institutions on the forest frontier.

  8. 29 CFR 780.114 - Wild commodities.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 3 2010-07-01 2010-07-01 false Wild commodities. 780.114 Section 780.114 Labor Regulations... AGRICULTURAL COMMODITIES, AND RELATED SUBJECTS UNDER THE FAIR LABOR STANDARDS ACT General Scope of Agriculture Agricultural Or Horticultural Commodities § 780.114 Wild commodities. Employees engaged in the gathering or...

  9. International trade standards for commodities and products derived from animals: the need for a system that integrates food safety and animal disease risk management.

    Science.gov (United States)

    Thomson, G R; Penrith, M-L; Atkinson, M W; Thalwitzer, S; Mancuso, A; Atkinson, S J; Osofsky, S A

    2013-12-01

    A case is made for greater emphasis to be placed on value chain management as an alternative to geographically based disease risk mitigation for trade in commodities and products derived from animals. The geographic approach is dependent upon achievement of freedom in countries or zones from infectious agents that cause so-called transboundary animal diseases, while value chain-based risk management depends upon mitigation of animal disease hazards potentially associated with specific commodities or products irrespective of the locality of production. This commodity-specific approach is founded on the same principles upon which international food safety standards are based, viz. hazard analysis critical control points (HACCP). Broader acceptance of a value chain approach enables animal disease risk management to be combined with food safety management by the integration of commodity-based trade and HACCP methodologies and thereby facilitates 'farm to fork' quality assurance. The latter is increasingly recognized as indispensable to food safety assurance and is therefore a pre-condition to safe trade. The biological principles upon which HACCP and commodity-based trade are based are essentially identical, potentially simplifying sanitary control in contrast to current separate international sanitary standards for food safety and animal disease risks that are difficult to reconcile. A value chain approach would not only enable more effective integration of food safety and animal disease risk management of foodstuffs derived from animals but would also ameliorate adverse environmental and associated socio-economic consequences of current sanitary standards based on the geographic distribution of animal infections. This is especially the case where vast veterinary cordon fencing systems are relied upon to separate livestock and wildlife as is the case in much of southern Africa. A value chain approach would thus be particularly beneficial to under-developed regions of

  10. Venetian Commodities

    OpenAIRE

    Fisker, Anna Marie

    2017-01-01

    Sugar now average but once exorbitant exclusive and only for the few, this decadent sweetness was used in Venice during the Renaissance to the building of sugar sculptures, pieces known as trionfi di zucchero or trionfi di tavola.My proposal deals with the soft commodity of sugar, the history of sugar as art in the Venetian Renaissance were it can be observed as a perceived reality through paintings and detailed descriptions in historical documents.Venice created an institutional basis for co...

  11. Food and Feed Commodity Vocabulary

    Science.gov (United States)

    Food and Feed Vocabulary was developed to consolidate all the major OPP Commodity Vocabularies into one standardized vocabulary. The EPA-preferred term is the only term that can be used in setting tolerances.

  12. Commonly Consumed Food Commodities

    Science.gov (United States)

    Commonly consumed foods are those ingested for their nutrient properties. Food commodities can be either raw agricultural commodities or processed commodities, provided that they are the forms that are sold or distributed for human consumption. Learn more.

  13. Venetian Commodities

    DEFF Research Database (Denmark)

    Fisker, Anna Marie

    2017-01-01

    expensive was usually kept under lock and key and even in Venetian standards being able to waste large amounts on decorations was a sign of a society’s wealth. Sugar sculptures became a fashionable way to show off and Venice fostered creators of some of the most spectacular banquet decorations ever seen...

  14. Supplement: Commodity Index Report

    Data.gov (United States)

    Commodity Futures Trading Commission — Shows index traders in selected agricultural markets. These traders are drawn from the noncommercial and commercial categories. The noncommercial category includes...

  15. 29 CFR 780.151 - Particular operations on commodities.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 3 2010-07-01 2010-07-01 false Particular operations on commodities. 780.151 Section 780... AGRICULTURE, PROCESSING OF AGRICULTURAL COMMODITIES, AND RELATED SUBJECTS UNDER THE FAIR LABOR STANDARDS ACT General Scope of Agriculture Preparation for Market § 780.151 Particular operations on commodities...

  16. 29 CFR 780.816 - Processing of specific commodities.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 3 2010-07-01 2010-07-01 false Processing of specific commodities. 780.816 Section 780.816... AGRICULTURE, PROCESSING OF AGRICULTURAL COMMODITIES, AND RELATED SUBJECTS UNDER THE FAIR LABOR STANDARDS ACT... Cotton Is Grown in Commercial Quantities § 780.816 Processing of specific commodities. Only the...

  17. Commodities and Stock Investment

    Directory of Open Access Journals (Sweden)

    Syed Jawad Hussain Shahzad

    2014-09-01

    Full Text Available This study is a multivariate analysis of commodities and stock investment in a newly established market scenario. Return distribution asymmetry is examined with higher order movements. Skewness in commodity future’s return is largely insignificant, whereas kurtosis is highly significant for both stock and commodity future contracts. Correlation analysis is done with Pearson’s and Kendall’s tau measures. Commodities provide significant diversification benefits when added in a portfolio of stocks. Compared with stocks, commodity future’s returns show stronger correlation with unexpected inflation. The volatility is measured through Glosten-Jagannathan-Runkle - Generalized Autoregressive Conditional Heteroskedasticity (GJR-GARCH model and reflects that commodities have inverted asymmetric behavior, that is, more impact from the upward shocks compared with downward. Stocks have asymmetric volatility, that is, more impact from negative shocks compared with positive. Gold has highest inverted asymmetric volatility. Tail dependence, measured through Student’s t copula, shows no combined downside movement. In conclusion, commodity investments provide diversification and inflation protection.

  18. Uranium: the recalcitrant commodity

    International Nuclear Information System (INIS)

    Crowson, P.C.F.

    1989-01-01

    During the past year dollar prices of virtually every mineral commodity have risen considerably on the back of strong demand, falling stocks and rising capacity utilization. Uranium has experienced the same economic influences, but measures of conditions in uranium spot markets display drift and even further decline. Does this mean that uranium is not really a commodity after all, or have special factors been at work? Some of the economic features of the uranium market are re-examined in this context. (author)

  19. Mineral commodity summaries 2015

    Science.gov (United States)

    ,

    2015-01-01

    Each chapter of the 2015 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production and resources. The MCS is the earliest comprehensive source of 2014 mineral production data for the world. More than 90 individual minerals and materials are covered by two-page synopses.

  20. Financialization of commodities

    Directory of Open Access Journals (Sweden)

    Michał Falkowski

    2011-12-01

    Full Text Available The basic theory of price formation tells us how the price of a particular asset will change based on the adjustment to its supply and demand. However, values of assets are also determined by other business fundamentals, company’s and world events, human psychology, and investors’ belief about the possible future profit. In recent history that lead to an increase of individual and institutional investors’ interest in allocating their resources in commodity markets. With a large inflow of capital commodities’ prices started to rise making them attractive components to effective investment portfolios. The presented paper addresses the issue of so called commodities ‘financialization’ process. It looks at the main factors standing behind commodities’ price movements and to what extent financial market participants contributed to commodities price volatility in recent years. Based on the data examined it distinguishes the involvement of both commercial and non-commercial traders in short and long term periods of time. As well as explaining the impact of growing investors’ interest in commodity markets it defines other market forces - like currency appreciations and emerging markets - as being part of increased volatility in raw and soft commodity markets. Along with market examination the paper focuses on possible future outcomes in attempts to regulate commodities derivatives markets and potential effects of those efforts.

  1. Development and validation of a standardized method for the determination of morpholine residues in fruit commodities by liquid chromatography-mass spectrometry.

    Science.gov (United States)

    Hengel, Matt J; Jordan, Rick; Maguire, Wesley

    2014-04-30

    An analytical method was developed for the determination of morpholine on apples and citrus. The method utilized acidified methanol extraction, centrifugation, and determination by hydrophilic interaction liquid chromatography with electrospray ionization and tandem mass spectrometry (HILIC-ESI-MS/MS). Validation of the method occurred at the Pacific Agricultural Laboratory (PAL, Portland, OR, USA) and the Trace Analytical Laboratory (TAL, UC Davis, CA, USA). Method validation recoveries from control apple, orange, lemon, and grapefruit samples ranged from 84 to 120% over three levels of fortification (0.01, 0.04, and 0.2 μg/g). The limit of quantitation (LOQ) for all commodities was 0.01 μg/g, and the calculated method detection limit (MDL) ranged from 0.0010 to 0.0040 μg/g.

  2. Understanding international commodity price fluctuations

    NARCIS (Netherlands)

    Arezki, Rabah; Loungani, Prakash; van der Ploeg, Rick; Venables, Anthony J.

    An overview is provided of recent work on commodity prices, focusing on three themes: (i) "financialization" of commodity markets--commodities being considered by financial investors as a distinct asset class, (ii) trends and forecasts of commodity prices, and (iii) fracking-a shorthand for the

  3. UNCTAD commodity yearbook 1990

    International Nuclear Information System (INIS)

    1990-01-01

    The Commodity Yearbook is intended to provide disaggregated data at the world, regional and country levels for trade and consumption in selected agricultural primary commodities and minerals, ores and metals. Production series have been included for the latter group of commodities, since comprehensive diaggregated data are unavailable elsewhere. Basic tables have been designed, from both the commodity and the country point of view, to serve as background material to international commodity discussions and negotiations in the United Nations Conference on Trade and Development. The classification of countries and territories by region has been adopted for statistical convenience only, and follows that employed by the Statistical Office of the United Nations. Four main regions are defined: Developed market economy countries, Countries of Eastern Europe, Socialist countries of Asia and Developing countries and territories. For developed and developing countries and territories, the main regions have been further subdivided (e.g., EEC, EFTA, Africa, etc.) to provide additional information. The exact composition of each region is shown in section V of the general notes

  4. Cross-commodity hedges

    International Nuclear Information System (INIS)

    Simard, T.

    1999-01-01

    Energy risk management is the principal topic of this paper. Four major subjects are examined: cross-commodity trading objectives (reduce the risk of an underlying exposure in another commodity); portfolio risk reduction (an Alberta power distributor exposed to high pool prices could protect against high pool prices through a fixed price purchase of Alberta natural gas); tailoring pricing to customer needs (sell power to the gas producer indexed to the price of gas); and (4) reducing insurance costs (rather than purchasing downside protection (puts) individually against oil and gas prices, a producer could purchase a basket option). Since the key issue in cross-commodity transactions is the estimation of correlation, it is important to be prepared to alter correlation assumptions. 1 tab., 2 figs

  5. Delay discounting of different commodities.

    Science.gov (United States)

    Weatherly, Jeffrey N; Terrell, Heather K; Derenne, Adam

    2010-01-01

    When outcomes are delayed, their value is decreased. Delay discounting is a much-studied topic because it is correlated with certain disorders (e.g., pathological gambling). The present study attempts to determine how people would delay discount a number of different commodities, ranging from money to dating partners to federal education legislation. Participants completed delay discounting tasks pertaining to 5 different commodities, with a different set of 5 commodities for 2 groups. Results showed that different commodities were often discounted differently. Both data sets were also subjected to factor analysis. A 2-factor solution was found for both, suggesting that there are multiple "domains" of commodities. This finding is of interest because it suggests that measuring delay discounting for one commodity within a particular domain of commodities will be predictive of how people discount other commodities within that domain but will not be predictive of how they discount commodities within another domain.

  6. Commodity risk management

    Directory of Open Access Journals (Sweden)

    Hilary Till

    2016-09-01

    Full Text Available This article discusses the practical issues involved in applying a disciplined risk management methodology to commodity futures trading. Accordingly, the paper shows how to apply methodologies derived from both conventional asset management and hedge fund management to futures trading. The article also discusses some of the risk management issues that are unique to leveraged futures trading.

  7. Mineral Commodity Summaries 2011

    Science.gov (United States)

    ,

    2011-01-01

    Each chapter of the 2011 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production and resources. The MCS is the earliest comprehensive source of 2010 mineral production data for the world. More than 90 individual minerals and materials are covered by two-page synopses. For mineral commodities for which there is a Government stockpile, detailed information concerning the stockpile status is included in the two-page synopsis. Mineral Commodity Summaries 2011 contains new chapters on iron oxide pigments, wollastonite, and zeolites. The chapters on mica (natural), scrap and flake and mica (natural), sheet have been combined into a single chapter - mica (natural). Abbreviations and units of measure, and definitions of selected terms used in the report, are in Appendix A and Appendix B, respectively. "Appendix C - Reserves and Resources" has been divided into "Part A - Resource/Reserve Classification for Minerals" and "Part B - Sources of Reserves Data," including some information that was previously in this introduction. A directory of USGS minerals information country specialists and their responsibilities is Appendix D. The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the MCS 2011 are welcomed.

  8. Commodity risk management

    OpenAIRE

    Hilary Till

    2016-01-01

    This article discusses the practical issues involved in applying a disciplined risk management methodology to commodity futures trading. Accordingly, the paper shows how to apply methodologies derived from both conventional asset management and hedge fund management to futures trading. The article also discusses some of the risk management issues that are unique to leveraged futures trading.

  9. Food commodities from microalgae.

    Science.gov (United States)

    Draaisma, René B; Wijffels, René H; Slegers, P M Ellen; Brentner, Laura B; Roy, Adip; Barbosa, Maria J

    2013-04-01

    The prospect of sustainable production of food ingredients from photoautotrophic microalgae was reviewed. Clearly, there is scope for microalgal oils to replace functions of major vegetable oils, and in addition to deliver health benefits to food products. Furthermore, with a limited production surface, a substantial portion of the European Union market could be supplied with edible oils and proteins from microalgae. Yet, before microalgal ingredients can become genuinely sustainable and cost effective alternatives for current food commodities, major breakthroughs in production technology and in biorefinery approaches are required. Moreover, before market introduction, evidence on safety of novel microalgal ingredients, is needed. In general, we conclude that microalgae have a great potential as a sustainable feedstock for food commodities. Copyright © 2012 Elsevier Ltd. All rights reserved.

  10. Constellation Commodities Studies Summary

    Science.gov (United States)

    Dirschka, Eric

    2011-01-01

    Constellation program was NASA's long-term program for space exploration. The goal of the commodities studies was to solicit industry expertise in production, storage, and transportation required for future use and to improve efficiency and life cycle cost over legacy methods. Objectives were to consolidate KSC, CCAFS and other requirements; extract available industry expertise; identify commercial opportunities; and establish synergy with State of Florida partnerships. Study results are reviewed.

  11. Mineral commodity summaries 2014

    Science.gov (United States)

    ,

    2014-01-01

    Each chapter of the 2014 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production and resources. The MCS is the earliest comprehensive source of 2013 mineral production data for the world. More than 90 individual minerals and materials are covered by two-page synopses. For mineral commodities for which there is a Government stockpile, detailed information concerning the stockpile status is included in the two-page synopsis. Abbreviations and units of measure, and definitions of selected terms used in the report, are in Appendix A and Appendix B, respectively. “Appendix C—Reserves and Resources” includes “Part A—Resource/Reserve Classification for Minerals” and “Part B—Sources of Reserves Data.” A directory of USGS minerals information country specialists and their responsibilities is Appendix D. The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the MCS 2014 are welcomed.

  12. Commodity-Free Calibration

    Science.gov (United States)

    2008-01-01

    Commodity-free calibration is a reaction rate calibration technique that does not require the addition of any commodities. This technique is a specific form of the reaction rate technique, where all of the necessary reactants, other than the sample being analyzed, are either inherent in the analyzing system or specifically added or provided to the system for a reason other than calibration. After introduction, the component of interest is exposed to other reactants or flow paths already present in the system. The instrument detector records one of the following to determine the rate of reaction: the increase in the response of the reaction product, a decrease in the signal of the analyte response, or a decrease in the signal from the inherent reactant. With this data, the initial concentration of the analyte is calculated. This type of system can analyze and calibrate simultaneously, reduce the risk of false positives and exposure to toxic vapors, and improve accuracy. Moreover, having an excess of the reactant already present in the system eliminates the need to add commodities, which further reduces cost, logistic problems, and potential contamination. Also, the calculations involved can be simplified by comparison to those of the reaction rate technique. We conducted tests with hypergols as an initial investigation into the feasiblility of the technique.

  13. Mineral commodity summaries 2013

    Science.gov (United States)

    ,

    2013-01-01

    Each chapter of the 2013 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production and resources. The MCS is the earliest comprehensive source of 2012 mineral production data for the world. More than 90 individual minerals and materials are covered by two-page synopses. For mineral commodities for which there is a Government stockpile, detailed information concerning the stockpile status is included in the two-page synopsis. Abbreviations and units of measure, and definitions of selected terms used in the report, are in Appendix A and Appendix B, respectively. “Appendix C—Reserves and Resources” includes “Part A—Resource/Reserve Classification for Minerals” and “Part B—Sources of Reserves Data.” A directory of USGS minerals information country specialists and their responsibilities is Appendix D. The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the MCS 2013 are welcomed.

  14. Commodities, energy and environmental finance

    CERN Document Server

    Ludkovski, Michael; Sircar, Ronnie

    2015-01-01

    This volume is a collection of chapters covering the latest developments in applications of financial mathematics and statistics to topics in energy, commodity financial markets and environmental economics. The research presented is based on the presentations and discussions that took place during the Fields Institute Focus Program on Commodities, Energy and Environmental Finance in August 2013. The authors include applied mathematicians, economists and industry practitioners, providing for a multi-disciplinary spectrum of perspectives on the subject. The volume consists of four sections: Electricity Markets; Real Options; Trading in Commodity Markets; and Oligopolistic Models for Energy Production. Taken together, the chapters give a comprehensive summary of the current state of the art in quantitative analysis of commodities and energy finance. The topics covered include structural models of electricity markets, financialization of commodities, valuation of commodity real options, game-theory analysis of ...

  15. 29 CFR 780.112 - General meaning of “agriculture or horticultural commodities.”

    Science.gov (United States)

    2010-07-01

    ... commodities.â 780.112 Section 780.112 Labor Regulations Relating to Labor (Continued) WAGE AND HOUR DIVISION... EXEMPTIONS APPLICABLE TO AGRICULTURE, PROCESSING OF AGRICULTURAL COMMODITIES, AND RELATED SUBJECTS UNDER THE FAIR LABOR STANDARDS ACT General Scope of Agriculture Agricultural Or Horticultural Commodities § 780...

  16. Legal status and organizational structure of commodities excange in Slovakia

    Directory of Open Access Journals (Sweden)

    Nada Petričević

    2011-07-01

    Full Text Available Commodities exchange is an important element of market economy of a country. Being an organized commodities and capital market, it goes beyond the trade in a trade fair and particular trade in real commodities. It includes trading in exchangeable goods by standard label. As foundation of commodities exchange is expected in Croatia, the paper will explicate its status and operation in Slovakia, an EU member state that is similar to our country. The paper will focus on the legal status and organizational structure of consumer goods market in Bratislava. Although it has existed for just over 15 years, it is important to note that it actually goes back to the pre-Second World War Czechoslovakia. Also, to provide better understanding of its functioning, regulations defining the foundation and functioning of the commodities market will also be presented as well as the profile, method and types of operations, together with its positive effects.

  17. The Commodity and its Exchange

    DEFF Research Database (Denmark)

    Høst, Jeppe Engset

    2015-01-01

    This chapter examines fishing quota as a commodity in both a conceptual perspective and through ethnographic examples. Inspired by Marx’s ideas of the commodity, use-value, exchange-value, and ground rent, the chapter combines a theoretical approach with ethnographic material. The different aspects...

  18. Emergence of Commodity Derivatives as Defensive Instrument in Portfolio Risk Hedging: A Case of Indian Commodity Markets

    Directory of Open Access Journals (Sweden)

    Singhal Shelly

    2017-04-01

    Full Text Available This paper empirically examines whether commodity derivatives can be used as an alternative investment asset in India where commodity markets are at emerging state and provides the same diversification benefit as they provide in developed commodity markets. In India only commodity futures are prevalent so various commodity indices representing various sectors has been used in the study. Diversification aspect of commodity derivatives has been tested initially by using correlation analysis. Compounded Daily Growth rate and Relative Standard deviation has been used as a measure of calculating risk and return of daily data of SENSEX, BOND and four Commodity Indices (MCX Comdex, MCX AGRI, MCX Metal, MCX Energy. Markowitz Efficient Frontier theory has been used to calculate portfolio risk return and Sharpe risk adjusted ratio has been used to evaluate the various portfolios. Optimal portfolio has been obtained for the combination of equity, bond and commodity and overall results of the study indicate that an investor who is risk averse will prefer to invest in combination of SENSEX, BOND & MCX Energy whereas an investor who gets utility by taking more risk for more returns will prefer to invest in combination of SENSEX, BOND & MCX Metal. Investor having inclination towards moderate risk return would tend to invest in MCX AGRI along with SENSEX and BOND.

  19. 78 FR 16189 - Transportation of Agricultural Commodities

    Science.gov (United States)

    2013-03-14

    ... Commodities AGENCY: Federal Motor Carrier Safety Administration (FMCSA), DOT. ACTION: Final rule. SUMMARY: FMCSA promulgates the regulatory exemptions for the ``transportation of agricultural commodities and... has been in effect since 1995. Under the new provision, drivers transporting agricultural commodities...

  20. Commodity Price Volatility: The Impact of Commodity Index Traders

    OpenAIRE

    Getu, Hailu; Weersink, Alfons

    2010-01-01

    Over the years, critics have argued that futures market prices have been either too low or too high. Speculators have often been the target for the wrath of those feeling the futures price does not properly reflect market fundamentals. Recently, the criticism has been vented toward a new type of speculator that has been blamed for the dramatic changes in agricultural commodity prices experienced over the last several years. Commodity index traders (CITs) and other large institutional traders ...

  1. Quarterly Web Interfaced Commodity Reporting

    Data.gov (United States)

    US Agency for International Development — QWICR is a secure, online Title II commodity reporting system accessible to USAID Missions, PVO Cooperating Sponsors and Food for Peace Officers. QWICR provides PVO...

  2. Transportation profiles for MAFC commodities.

    Science.gov (United States)

    2011-08-01

    Effective planning for freight in the public sector is often hindered by the difficulty in obtaining reliable estimates of the quantity of : freight commodities flowing between points in the planning area. In an effort to address this issue, the stat...

  3. Mineral commodity profiles: Silver

    Science.gov (United States)

    Butterman, W.C.; Hilliard, Henry E.

    2005-01-01

    United States, about 30 companies accounted for more than 90 percent of the silver fabricated. The consumption of silver for all fabrication uses is expected to grow slowly through the decade ending in 2010 at about 1.3 percent per year for the world and 2.4 percent per year for the United States. World and U.S. reserves and reserve bases are more than adequate to satisfy the demand for newly mined silver through 2010. The other components of supply will be silver recovered from scrap, silver from industrial stocks, and silver bullion that is sold into the market from commodity exchange and private stocks.

  4. Incorporating Agroforestry Approaches into Commodity Value Chains

    Science.gov (United States)

    Millard, Edward

    2011-08-01

    The productivity of tropical agricultural commodities is affected by the health of the ecosystem. Shade tolerant crops such as coffee and cocoa benefit from environmental services provided by forested landscapes, enabling landscape design that meets biodiversity conservation and economic needs. What can motivate farmers to apply and maintain such landscape approaches? Rather than rely on a proliferation of externally funded projects new opportunities are emerging through the international market that buys these commodities. As part of their growing commitment to sustainable supply chains, major companies are supporting agroforestry approaches and requiring producers and traders to demonstrate that the source of their commodities complies with a set of principles that conserves forested landscapes and improves local livelihoods. The paper presents examples of international companies that are moving in this direction, analyzes why and how they are doing it and discusses the impact that has been measured in coffee and cocoa communities in Latin America and Africa. It particularly considers the role of standards and certification systems as a driver of this commitment to promote profitable operations, environmental conservation and social responsibility throughout the coffee and cocoa value chains. Such approaches are already being taken to scale and are no longer operating only in small niches of the market but the paper also considers the limitations to growth in this market-based approach.

  5. 7 CFR 65.135 - Covered commodity.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 3 2010-01-01 2010-01-01 false Covered commodity. 65.135 Section 65.135 Agriculture... OF BEEF, PORK, LAMB, CHICKEN, GOAT MEAT, PERISHABLE AGRICULTURAL COMMODITIES, MACADAMIA NUTS, PECANS, PEANUTS, AND GINSENG General Provisions Definitions § 65.135 Covered commodity. (a) Covered commodity...

  6. 7 CFR 250.57 - Commodity schools.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Commodity schools. 250.57 Section 250.57 Agriculture... TERRITORIES AND POSSESSIONS AND AREAS UNDER ITS JURISDICTION National School Lunch Program (NSLP) and Other Child Nutrition Programs § 250.57 Commodity schools. (a) Categorization of commodity schools. Commodity...

  7. 48 CFR 8.715 - Replacement commodities.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Replacement commodities. 8... Are Blind or Severely Disabled 8.715 Replacement commodities. When a commodity on the Procurement List is replaced by another commodity which has not been previously acquired, and a qualified AbilityOne...

  8. Commodity Team Motivation and Performance

    DEFF Research Database (Denmark)

    Englyst, Linda; Jørgensen, Frances; Johansen, John

    2007-01-01

    This article explores factors influencing the motivation and performance of commodity teams in a global sourcing context. Several challenges are related to the classical dilemma of matrix organization, but with particular implications in this specific context of purchasing. We report on a reward ...... on an in-depth case study in a multinational industrial company.......This article explores factors influencing the motivation and performance of commodity teams in a global sourcing context. Several challenges are related to the classical dilemma of matrix organization, but with particular implications in this specific context of purchasing. We report on a reward...

  9. Commodity Team Motivation and Performance

    DEFF Research Database (Denmark)

    Englyst, Linda; Jørgensen, Frances; Johansen, John

    2008-01-01

    In this article, an in-depth single case study is presented in order to explore and discuss the functioning of commodity teams in a global sourcing context. Specifically, the study aimed at identifying factors that may influence team members' motivation to participate in activities that create...... opportunities for synergy and coordination of purchasing. In the teams studied, motivation appeared to be influenced to some degree by a number of factors, including rewards, leadership behaviours, goal setting, and the career goals of the commodity team members. In some cases, inconsistencies between...

  10. Commodity team motivation and performance

    DEFF Research Database (Denmark)

    Englyst, Linda; Jørgensen, Frances; Johansen, John

    2008-01-01

    In this article, an in-depth single case study is presented in order to explore and discuss the functioning of commodity teams in a global sourcing context. Specifically, the study aimed at identifying factors that may influence team members' motivation to participate in activities that create...... opportunities for synergy and coordination of purchasing. In the teams studied, motivation appeared to be influenced to some degree by a number of factors, including rewards, leadership behaviours, goal setting, and the career goals of the commodity team members. In some cases, inconsistencies between...

  11. Commodity Team Motivation and Performance

    DEFF Research Database (Denmark)

    Englyst, Linda; Jørgensen, Frances; Johansen, John

    2007-01-01

    This article explores factors influencing the motivation and performance of commodity teams in a global sourcing context. Several challenges are related to the classical dilemma of matrix organization, but with particular implications in this specific context of purchasing. We report on a reward...

  12. Commodity hardware and software summary

    International Nuclear Information System (INIS)

    Wolbers, S.

    1997-04-01

    A review is given of the talks and papers presented in the Commodity Hardware and Software Session at the CHEP97 conference. An examination of the trends leading to the consideration of PC's for HEP is given, and a status of the work that is being done at various HEP labs and Universities is given

  13. Aflatoxins in selected Thai commodities.

    Science.gov (United States)

    Tansakul, Natthasit; Limsuwan, Sasithorn; Böhm, Josef; Hollmann, Manfred; Razzazi-Fazeli, Ebrahim

    2013-01-01

    Aflatoxin (AF) B1, B2, G1 and G2 were determined in 120 samples of selected Thai commodities including unpolished rice, unpolished glutinous rice, chilli powder, whole dried chilli pods and raw peanut. The mean concentrations of the total AFs for analysed samples were 0.16, 25.43, 14.18, 6.62 and 1.43 µg kg(-1) with positive incidences of 4%, 20%, 97%, 37% and 30%, respectively. Quantitative analysis was performed using HPLC equipped with post-column derivatisation and fluorescence detection. Sample clean-up was carried out using immunoaffinity columns for selective enrichment of AFs. The method was validated by using certified reference material, which showed recoveries over 85%. The limit of detections (LODs) and limit of quantifications (LOQs) were in a range between 0.01-0.11 µg kg(-1) and 0.03-0.38 µg kg(-1), respectively. The results clearly demonstrated that AFs were detectable in different matrices. Chilli powder was found to have the highest level of AFs contamination followed by chilli pods, peanut and rice, respectively. However, among the selected commodities, unpolished rice contained only trace levels of AFB1 and AFB2. With regard to the fact that AFs are a natural contaminant in commodities, this report calls to attention the regular monitoring and effective control of food commodities to prevent health hazards.

  14. A study on the systematization of commodity classification

    International Nuclear Information System (INIS)

    Tae, Jae Woong; Shin, Dong Hoon

    2012-01-01

    International community is trying to prevent the spread of WMD (Weapons of Mass Destruction), especially nuclear weapons. These efforts result in the declaration of UNSC Resolution 1540 in 2004, which made export controls the international norms for all nations in the world. Korea enacted Foreign Trade Act in 1989 to adhere to the export control standards worldwide. Export control system in Korea consists of commodity classification system and export license system. The commodity classification system is used to identify strategic commodity. The Export License system is used to verify that exports have met the conditions required by the international export control system. NSG guidelines, the NSG handbook and Public Notice on Trade of Strategic Items are used to classify items and technology However, some items or technology in NSG guidelines should be especially designed or prepared (EDP). It is difficult to determine which items or technology is strategic commodity because EDP criteria are qualitative. NSG or participant states don't provide clear criteria to classify items and technology but recommend establishing standards autonomously. Hence the result of deliberation on the same items and technology may be different by reviewer's experience, knowledge and governmental policy. It causes confusion of reviewers and export companies In this research, commodity classification systematization by EDP criteria's clarification was performed to increase consistency and efficiency

  15. Commodity futures and market efficiency

    Czech Academy of Sciences Publication Activity Database

    Krištoufek, Ladislav; Vošvrda, Miloslav

    2014-01-01

    Roč. 42, č. 1 (2014), s. 50-57 ISSN 0140-9883 R&D Projects: GA ČR GA402/09/0965 Grant - others:GA ČR(CZ) GAP402/11/0948 Program:GA Institutional support: RVO:67985556 Keywords : commodities * efficiency * entropy * long-term memory * fractal dimension Subject RIV: AH - Economics Impact factor: 2.708, year: 2014 http://library.utia.cas.cz/separaty/2013/E/kristoufek-0420811.pdf

  16. Aromatherapy Oils: Commodities, Materials, Essences

    OpenAIRE

    Barcan, Ruth

    2014-01-01

    This article examines the essential oils that are the central tools of aromatherapy and uses them as a case study for different approaches to material culture. It considers the conceptual and political implications of thinking of essential oils as, in turn, commodities, materials and essences. I argue that both cultural studies and aromatherapy have something to learn from each other. Classic materialist approaches might do well to focus more attention on the material properties and effects o...

  17. 7 CFR 1405.9 - Commodity assessments.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Commodity assessments. 1405.9 Section 1405.9 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY CREDIT CORPORATION, DEPARTMENT... Commodity assessments. (a) CCC will deduct from the proceeds of a marketing assistance loan an amount equal...

  18. 7 CFR 1401.4 - Commodity certificates.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Commodity certificates. 1401.4 Section 1401.4 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL REGULATIONS AND POLICIES COMMODITY CERTIFICATES, IN KIND PAYMENTS, AND OTHER...

  19. Commodity prices and growth : An empirical investigation

    NARCIS (Netherlands)

    Collier, P.; Goderis, B.V.G.

    2012-01-01

    Whereas empirical evidence on the effect of higher commodity prices on the long-run growth of commodity exporters is ambiguous, time series analyses using vector autoregressive (VAR) models have found that commodity booms raise income in the short run. In this paper we adopt panel error correction

  20. 22 CFR 228.51 - Commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Commodities. 228.51 Section 228.51 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT RULES ON SOURCE, ORIGIN AND NATIONALITY FOR COMMODITIES AND SERVICES FINANCED BY USAID Waivers § 228.51 Commodities. (a) Waiver criteria. Any waiver must be based upon...

  1. 44 CFR 402.2 - Restricted commodities.

    Science.gov (United States)

    2010-10-01

    ... 44 Emergency Management and Assistance 1 2010-10-01 2010-10-01 false Restricted commodities. 402.2... SHIPMENTS ON AMERICAN FLAG SHIPS AND AIRCRAFT (T-1, INT. 1) § 402.2 Restricted commodities. The restrictions of Transportation Order T-1 apply to the transportation or discharge of (a) commodities on the...

  2. 44 CFR 206.151 - Food commodities.

    Science.gov (United States)

    2010-10-01

    ... 44 Emergency Management and Assistance 1 2010-10-01 2010-10-01 false Food commodities. 206.151... Food commodities. (a) The Administrator will assure that adequate stocks of food will be ready and... section, the Administrator may direct the Secretary of Agriculture to purchase food commodities in...

  3. Value chain management for commodities: a case study from the chemical industry

    NARCIS (Netherlands)

    Kannegiesser, M.; Günther, H.O.; Beek, van P.; Grunow, M.; Habla, C.

    2009-01-01

    We present a planning model for chemical commodities related to an industry case. Commodities are standard chemicals characterized by sales and supply volatility in volume and value. Increasing and volatile prices of crude oil-dependent raw materials require coordination of sales and supply

  4. Industrial commodity statistics yearbook 2001. Production statistics (1992-2001)

    International Nuclear Information System (INIS)

    2003-01-01

    This is the thirty-fifth in a series of annual compilations of statistics on world industry designed to meet both the general demand for information of this kind and the special requirements of the United Nations and related international bodies. Beginning with the 1992 edition, the title of the publication was changed to industrial Commodity Statistics Yearbook as the result of a decision made by the United Nations Statistical Commission at its twenty-seventh session to discontinue, effective 1994, publication of the Industrial Statistics Yearbook, volume I, General Industrial Statistics by the Statistics Division of the United Nations. The United Nations Industrial Development Organization (UNIDO) has become responsible for the collection and dissemination of general industrial statistics while the Statistics Division of the United Nations continues to be responsible for industrial commodity production statistics. The previous title, Industrial Statistics Yearbook, volume II, Commodity Production Statistics, was introduced in the 1982 edition. The first seven editions in this series were published under the title The Growth of World industry and the next eight editions under the title Yearbook of Industrial Statistics. This edition of the Yearbook contains annual quantity data on production of industrial commodities by country, geographical region, economic grouping and for the world. A standard list of about 530 commodities (about 590 statistical series) has been adopted for the publication. The statistics refer to the ten-year period 1992-2001 for about 200 countries and areas

  5. Industrial commodity statistics yearbook 2000. Production statistics (1991-2000)

    International Nuclear Information System (INIS)

    2002-01-01

    This is the thirty-third in a series of annual compilations of statistics on world industry designed to meet both the general demand for information of this kind and the special requirements of the United Nations and related international bodies. Beginning with the 1992 edition, the title of the publication was changed to industrial Commodity Statistics Yearbook as the result of a decision made by the United Nations Statistical Commission at its twenty-seventh session to discontinue, effective 1994, publication of the Industrial Statistics Yearbook, volume I, General Industrial Statistics by the Statistics Division of the United Nations. The United Nations Industrial Development Organization (UNIDO) has become responsible for the collection and dissemination of general industrial statistics while the Statistics Division of the United Nations continues to be responsible for industrial commodity production statistics. The previous title, Industrial Statistics Yearbook, volume II, Commodity Production Statistics, was introduced in the 1982 edition. The first seven editions in this series were published under the title The Growth of World industry and the next eight editions under the title Yearbook of Industrial Statistics. This edition of the Yearbook contains annual quantity data on production of industrial commodities by country, geographical region, economic grouping and for the world. A standard list of about 530 commodities (about 590 statistical series) has been adopted for the publication. Most of the statistics refer to the ten-year period 1991-2000 for about 200 countries and areas

  6. Industrial commodity statistics yearbook 2002. Production statistics (1993-2002)

    International Nuclear Information System (INIS)

    2004-01-01

    This is the thirty-sixth in a series of annual compilations of statistics on world industry designed to meet both the general demand for information of this kind and the special requirements of the United Nations and related international bodies. Beginning with the 1992 edition, the title of the publication was changed to industrial Commodity Statistics Yearbook as the result of a decision made by the United Nations Statistical Commission at its twenty-seventh session to discontinue, effective 1994, publication of the Industrial Statistics Yearbook, volume I, General Industrial Statistics by the Statistics Division of the United Nations. The United Nations Industrial Development Organization (UNIDO) has become responsible for the collection and dissemination of general industrial statistics while the Statistics Division of the United Nations continues to be responsible for industrial commodity production statistics. The previous title, Industrial Statistics Yearbook, volume II, Commodity Production Statistics, was introduced in the 1982 edition. The first seven editions in this series were published under the title 'The Growth of World industry' and the next eight editions under the title 'Yearbook of Industrial Statistics'. This edition of the Yearbook contains annual quantity data on production of industrial commodities by country, geographical region, economic grouping and for the world. A standard list of about 530 commodities (about 590 statistical series) has been adopted for the publication. The statistics refer to the ten-year period 1993-2002 for about 200 countries and areas

  7. 17 CFR 33.3 - Unlawful commodity option transactions.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Unlawful commodity option transactions. 33.3 Section 33.3 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION REGULATION OF DOMESTIC EXCHANGE-TRADED COMMODITY OPTION TRANSACTIONS § 33.3 Unlawful commodity option...

  8. 17 CFR 32.3 - Unlawful commodity option transactions.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Unlawful commodity option transactions. 32.3 Section 32.3 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION REGULATION OF COMMODITY OPTION TRANSACTIONS § 32.3 Unlawful commodity option transactions. (a) On and after...

  9. 17 CFR 32.11 - Suspension of commodity option transactions.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Suspension of commodity option transactions. 32.11 Section 32.11 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION REGULATION OF COMMODITY OPTION TRANSACTIONS § 32.11 Suspension of commodity option transactions. (a...

  10. 17 CFR 31.6 - Registration of leverage commodities.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Registration of leverage commodities. 31.6 Section 31.6 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION LEVERAGE TRANSACTIONS § 31.6 Registration of leverage commodities. (a) Registration of leverage commodities...

  11. Current Status of Mycotoxin Contamination of Food Commodities in Zimbabwe

    Directory of Open Access Journals (Sweden)

    Nancy Nleya

    2018-05-01

    Full Text Available Agricultural products, especially cereal grains, serve as staple foods in sub-Saharan Africa. However, climatic conditions in this region can lead to contamination of these commodities by moulds, with subsequent production of mycotoxins posing health risks to both humans and animals. There is limited documentation on the occurrence of mycotoxins in sub-Saharan African countries, leading to the exposure of their populations to a wide variety of mycotoxins through consumption of contaminated foods. This review aims at highlighting the current status of mycotoxin contamination of food products in Zimbabwe and recommended strategies of reducing this problem. Zimbabwe is one of the African countries with very little information with regards to mycotoxin contamination of its food commodities, both on the market and at household levels. Even though evidence of multitoxin occurrence in some food commodities such as maize and other staple foods exist, available published research focuses only on Aspergillus and Fusarium mycotoxins, namely aflatoxins, deoxynivalenol (DON, trichothecenes, fumonisins, and zearalenone (ZEA. Occurrence of mycotoxins in the food chain has been mainly associated with poor agricultural practices. Analysis of mycotoxins has been done mainly using chromatographic and immunological methods. Zimbabwe has adopted European standards, but the legislation is quite flexible, with testing for mycotoxin contamination in food commodities being done voluntarily or upon request. Therefore, the country needs to tighten its legislation as well as adopt stricter standards that will improve the food safety and security of the masses.

  12. Statistical field theory of futures commodity prices

    Science.gov (United States)

    Baaquie, Belal E.; Yu, Miao

    2018-02-01

    The statistical theory of commodity prices has been formulated by Baaquie (2013). Further empirical studies of single (Baaquie et al., 2015) and multiple commodity prices (Baaquie et al., 2016) have provided strong evidence in support the primary assumptions of the statistical formulation. In this paper, the model for spot prices (Baaquie, 2013) is extended to model futures commodity prices using a statistical field theory of futures commodity prices. The futures prices are modeled as a two dimensional statistical field and a nonlinear Lagrangian is postulated. Empirical studies provide clear evidence in support of the model, with many nontrivial features of the model finding unexpected support from market data.

  13. An anatomy of commodity futures risk premia

    NARCIS (Netherlands)

    Szymanowska, M.; de Roon, F.A.; Nijman, T.E.; van den Goorbergh, R.W.J.

    We identify two types of risk premia in commodity futures returns: spot premia related to the risk in the underlying commodity, and term premia related to changes in the basis. Sorting on forecasting variables such as the futures basis, return momentum, volatility, inflation, hedging pressure, and

  14. Applications of GARCH models to energy commodities

    Science.gov (United States)

    Humphreys, H. Brett

    This thesis uses GARCH methods to examine different aspects of the energy markets. The first part of the thesis examines seasonality in the variance. This study modifies the standard univariate GARCH models to test for seasonal components in both the constant and the persistence in natural gas, heating oil and soybeans. These commodities exhibit seasonal price movements and, therefore, may exhibit seasonal variances. In addition, the heating oil model is tested for a structural change in variance during the Gulf War. The results indicate the presence of an annual seasonal component in the persistence for all commodities. Out-of-sample volatility forecasting for natural gas outperforms standard forecasts. The second part of this thesis uses a multivariate GARCH model to examine volatility spillovers within the crude oil forward curve and between the London and New York crude oil futures markets. Using these results the effect of spillovers on dynamic hedging is examined. In addition, this research examines cointegration within the oil markets using investable returns rather than fixed prices. The results indicate the presence of strong volatility spillovers between both markets, weak spillovers from the front of the forward curve to the rest of the curve, and cointegration between the long term oil price on the two markets. The spillover dynamic hedge models lead to a marginal benefit in terms of variance reduction, but a substantial decrease in the variability of the dynamic hedge; thereby decreasing the transactions costs associated with the hedge. The final portion of the thesis uses portfolio theory to demonstrate how the energy mix consumed in the United States could be chosen given a national goal to reduce the risks to the domestic macroeconomy of unanticipated energy price shocks. An efficient portfolio frontier of U.S. energy consumption is constructed using a covariance matrix estimated with GARCH models. The results indicate that while the electric

  15. 17 CFR 14.4 - Violation of Commodity Exchange Act.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Violation of Commodity Exchange Act. 14.4 Section 14.4 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION RULES RELATING TO SUSPENSION OR DISBARMENT FROM APPEARANCE AND PRACTICE § 14.4 Violation of Commodity...

  16. The Price of Commodity Risk in Stock and Futures Markets

    NARCIS (Netherlands)

    M. Boons (Martijn); F.A. de Roon (Frans); M. Szymanowska (Marta)

    2014-01-01

    textabstractWe find that commodity risk is priced in the cross-section of US stock returns. Following the financialization of commodities, investors hedge commodity price risk directly in the futures market, primarily via commodity index investments, whereas before they gained commodity exposure

  17. Water : a commodity or resource?

    International Nuclear Information System (INIS)

    Pomeroy, G.

    2003-01-01

    Over the past several years, natural gas demand has increased significantly, as it is seen as an environmentally friendly, convenient and cost effective fuel. As a result, Alberta should experience the development of a sustainable resource in the form of natural gas from coal, provided adequate management of associated water is in place. The environmental impact and volume of water produced with natural gas from coal can be significant. Water is scarce and demand is growing. Gas producers are faced with the challenge of high water production and disposal costs, and often choose the deep disposal option as the most economical solution. However, environmentalists and agriculture groups who view water as a valuable resource, warrant the costs associated with the treatment of produced water. The author proposed a conceptual solution to this dilemma concerning produced water. It was suggested that producers of water should be connected with consumers, while allowing free market supply and demand dynamics to price out the inefficient use of the resource. The author also discussed the related regulatory, environmental, technological, economic, and commercial issues. It was concluded that water is both a resource and a commodity. Alberta should implement measures to promote water conservation, pollute less, and manage supply and demand. figs

  18. Scientific Research: Commodities or Commons?

    Science.gov (United States)

    Vermeir, Koen

    2013-10-01

    Truth is for sale today, some critics claim. The increased commodification of science corrupts it, scientific fraud is rampant and the age-old trust in science is shattered. This cynical view, although gaining in prominence, does not explain very well the surprising motivation and integrity that is still central to the scientific life. Although scientific knowledge becomes more and more treated as a commodity or as a product that is for sale, a central part of academic scientific practice is still organized according to different principles. In this paper, I critically analyze alternative models for understanding the organization of knowledge, such as the idea of the scientific commons and the gift economy of science. After weighing the diverse positive and negative aspects of free market economies of science and gift economies of science, a commons structured as a gift economy seems best suited to preserve and take advantage of the specific character of scientific knowledge. Furthermore, commons and gift economies promote the rich social texture that is important for supporting central norms of science. Some of these basic norms might break down if the gift character of science is lost. To conclude, I consider the possibility and desirability of hybrid economies of academic science, which combine aspects of gift economies and free market economies. The aim of this paper is to gain a better understanding of these deeper structural challenges faced by science policy. Such theoretical reflections should eventually assist us in formulating new policy guidelines.

  19. Space and commodity-based society

    Directory of Open Access Journals (Sweden)

    Gvozden Vladimir

    2015-01-01

    Full Text Available The space is privileged in the commodity-based society. It is well known that the economic space in the 19th and 20th centuries rapidly managed to subordinate all other areas 'conveying and instilling in them their own meanings and goals' (G. Milatović. A new form of space that qualifies commodity society was created, marked by dualities: openness-closeness, private-public, sameness-difference. This paper is an attempt to criticize the usual analysis of the categories of commodity-space, linked to the ambivalent role of the state as a guarantor of the functioning of the commodity-based society, as well as its controlling instance. The increasing delocalisation of the political changes the nature of the space in the commodity-based society. Privileged areas are produced that create an illusion of protection of consumers (shopping malls, gated communities, theme parks, video surveillance, while at the same time social differentiation and identification are produced through the symbolic order of commodities and a sense of inclusion or exclusion from that order. At the same time, the examples of tourism and selling places demonstrate that such a commodity-space unusually easy reconciles sameness and difference. It entails uniformity to help achieve the fluctuation of goods, while insisting on the local as different, especially in terms of the role of particularity in the global trade.

  20. Sorption of sulfuryl fluoride by food commodities.

    Science.gov (United States)

    Sriranjini, Venkata-rao; Rajendran, Somiahnadar

    2008-08-01

    The use of sulfuryl fluoride, a structural fumigant for termite and woodborer control, has recently been expanded to treating stored food commodities and food facilities. There is, however, a lack of data on the sorption of sulfuryl fluoride by food commodities. Knowledge about sorption is important in the context of effective treatment and residues. When sulfuryl fluoride was applied at a dose of 50 g m(-3) to various food commodities (total 68) with 300 g per replicate in 0.75 L gas wash bottles (fumigation chambers) at 25 +/- 1 degrees C, in most cases (81%) the gas concentrations in the free space of the commodities exceeded 50 g m(-3) (range 51-80 g m(-3)) at the end of 24 h exposure. In chambers without the substrate, an average concentration of 49.7 g m(-3) was recorded. About 54% of the commodities showed low-level ( 50%). The latter include white oats (terminal gas concentration 17.8 g m(-3)), some of the decorticated split pulses (24.0-29.3 g m(-3)), chickpea flour (26.3 g m(-3)), dried ginger (29.0 g m(-3)), refined wheat flour (30.3 g m(-3)) and coriander powder (40.5 g m(-3)). In unfumigated control commodities, owing to interfering volatiles, Fumiscope readings in the range 0-13 were noted. Sulfuryl fluoride has the advantage of a low or moderate level of sorption with the majority of the food commodities.

  1. [Brief introduction of research methods of commodity specification and grade of Chinese medicinal materials].

    Science.gov (United States)

    Zhao, Hua-ye; Yan, Pei-pei; Yang, Wen-hua; Li, Chao-feng; Qi, Shu-ya; Li, Yan-qi; Cao, Jun-ling

    2015-02-01

    The commodity specification and grade of Chinese medicinal materials is a measure of the quality of traditional Chinese medicines (TCMs), which directly impacts on the safety and effectiveness of clinical medicines. It is an urgent problem to establish a set of standards which can both interpret the scientific connotation of the commodity specification and grade of Chinese medicinal materials and play a significant role on clinical medicines as well as markets. This paper reviews the research methods of the commodity specification and grade of Chinese medicinal materials such as sensory evaluation, chemical assessment, biological evaluation, and cited the applications of various methods for the classification of TCMs. It provides technical support for establishing standards of the commodity specification and grade of Chinese medicinal materials, and also constructs scientific basis for clinical rational drug use.

  2. Hazardous materials highlights : 2007 Commodity Flow Survey

    Science.gov (United States)

    2011-01-01

    Hazardous materials movement through the Nations transportation network in 2007 remained relatively unchanged from 2002 measures, according to data from the 2007 Commodity Flow Survey (CFS), released in 2010. The estimated 2.2 billion tons of haza...

  3. Commodity Foods Contain Costs and Create Customers.

    Science.gov (United States)

    Gilroy, Susan K.

    1983-01-01

    San Diego food manufacturers were invited to submit bids on new food items--using as possible ingredients Department of Agriculture donated commodity foods--for the school food service programs. (MLF)

  4. How market structure drives commodity prices

    Science.gov (United States)

    Li, Bin; Wong, K. Y. Michael; Chan, Amos H. M.; So, Tsz Yan; Heimonen, Hermanni; Wei, Junyi; Saad, David

    2017-11-01

    We introduce an agent-based model, in which agents set their prices to maximize profit. At steady state the market self-organizes into three groups: excess producers, consumers and balanced agents, with prices determined by their own resource level and a couple of macroscopic parameters that emerge naturally from the analysis, akin to mean-field parameters in statistical mechanics. When resources are scarce prices rise sharply below a turning point that marks the disappearance of excess producers. To compare the model with real empirical data, we study the relationship between commodity prices and stock-to-use ratios in a range of commodities such as agricultural products and metals. By introducing an elasticity parameter to mitigate noise and long-term changes in commodities data, we confirm the trend of rising prices, provide evidence for turning points, and indicate yield points for less essential commodities.

  5. Risks in Commodity and Currency Markets

    OpenAIRE

    Bozovic, Milos

    2009-01-01

    This thesis analyzes market risk factors in commodity and currency markets. It focuses on the impact of extreme events on the prices of financial products traded in these markets, and on the overall market risk faced by the investors. The first chapter develops a simple two-factor jump-diffusion model for valuation of contingent claims on commodities in order to investigate the pricing implications of shocks that are exogenous to this market. The second chapter analyzes the nature and pricing...

  6. 17 CFR 155.2 - Trading standards for floor brokers.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Trading standards for floor brokers. 155.2 Section 155.2 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION TRADING STANDARDS § 155.2 Trading standards for floor brokers. Each contract market shall adopt and submit...

  7. Energy prices and agricultural commodity prices: Testing correlation using copulas method

    International Nuclear Information System (INIS)

    Koirala, Krishna H.; Mishra, Ashok K.; D'Antoni, Jeremy M.; Mehlhorn, Joey E.

    2015-01-01

    The linear relationships between energy prices and prices for agricultural commodities such as corn and soybeans may have been affected, over the last several years, by policy legislations in the farm sector, the Energy Independence and Security Act of 2007, and the Renewable Fuel Standard Program for 2014. Using high-frequency data and newer methodology, this study investigates dependence between agricultural commodity futures prices and energy futures prices. Results reveal that agricultural commodity and energy future prices are highly correlated and exhibit positive and significant relationship. Findings from this study highlight that an increase in energy price increases the price of agricultural commodities. - Highlights: • Energy policy mandates production of 15 billion gallons of corn ethanol by 2015. • Energy-intensive agriculture has a link between energy sector and crop production costs. • We investigate correlation between energy prices and agricultural commodity prices. • Agricultural commodity and energy future prices are highly correlated. • Increase in energy price increases the price of agricultural commodity

  8. The influence of biofuels, economic and financial factors on daily returns of commodity futures prices

    International Nuclear Information System (INIS)

    Algieri, Bernardina

    2014-01-01

    Biofuels production has experienced rapid growth worldwide as one of the several strategies to promote green energy economies. Indeed, climate change mitigation and energy security have been frequent rationales behind biofuel policies, but biofuels production could generate negative impacts, such as additional demand for feedstocks, and therefore for land on which to grow them, with a consequent increase in food commodity prices. In this context, this paper examines the effect of biofuels and other economic and financial factors on daily returns of a group of commodity futures prices using Generalized Autoregressive Conditional Heteroskedasticity (GARCH) family models in univariate and multivariate settings. The results show that a complex of drivers are relevant in explaining commodity futures returns; more precisely, the Standard and Poor's (S and P) 500 positively affects commodity markets, while the US/Euro exchange rate brings about a decline in commodity returns. It turns out, in addition, that energy market returns are significant in explaining commodity returns on a daily basis, while monetary liquidity is not. This would imply that biofuel policy should be carefully monitored in order to avoid excessive first-generation subsidization, which would trigger a fuel vs. food conflict. - Highlights: • The effects of biofuels and other economic and financial factors on daily returns of commodity futures prices are examined. • A GARCH methodology in univariate and multivariate settings is adopted. • The results show that a complex of drivers is relevant in explaining commodity futures returns. • Energy market returns play a significant role in pushing commodity returns. • The increase in monetary liquidity does not contribute to changes in futures returns on a daily basis

  9. 7 CFR 65.205 - Perishable agricultural commodity.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 3 2010-01-01 2010-01-01 false Perishable agricultural commodity. 65.205 Section 65... COMMODITIES, MACADAMIA NUTS, PECANS, PEANUTS, AND GINSENG General Provisions Definitions § 65.205 Perishable agricultural commodity. Perishable agricultural commodity means fresh and frozen fruits and vegetables of every...

  10. 78 FR 12933 - Proceedings Before the Commodity Futures Trading Commission

    Science.gov (United States)

    2013-02-26

    ... / Tuesday, February 26, 2013 / Rules and Regulations#0;#0; ] COMMODITY FUTURES TRADING COMMISSION 17 CFR Parts 10, 12 and 171 Proceedings Before the Commodity Futures Trading Commission AGENCY: Commodity Futures Trading Commission. ACTION: Final rule. SUMMARY: The Commodity Futures Trading Commission...

  11. 49 CFR 1248.100 - Commodity classification designated.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 9 2010-10-01 2010-10-01 false Commodity classification designated. 1248.100... TRANSPORTATION BOARD, DEPARTMENT OF TRANSPORTATION (CONTINUED) ACCOUNTS, RECORDS AND REPORTS FREIGHT COMMODITY STATISTICS Commodity Code § 1248.100 Commodity classification designated. Commencing with reports for the...

  12. 7 CFR 253.10 - Commodity control, storage and distribution.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Commodity control, storage and distribution. 253.10... THE FOOD DISTRIBUTION PROGRAM FOR HOUSEHOLDS ON INDIAN RESERVATIONS § 253.10 Commodity control... issuance of commodities to households and the control of and accountability for the commodities upon its...

  13. 7 CFR 868.32 - Who shall inspect commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 7 2010-01-01 2010-01-01 false Who shall inspect commodities. 868.32 Section 868.32... FOR CERTAIN AGRICULTURAL COMMODITIES Regulations Inspection Methods and Procedures § 868.32 Who shall inspect commodities. Official commodity inspections shall be performed only by official personnel. ...

  14. 22 CFR 228.52 - Suppliers of commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Suppliers of commodities. 228.52 Section 228.52... COMMODITIES AND SERVICES FINANCED BY USAID Waivers § 228.52 Suppliers of commodities. Geographic code changes authorized by waiver with respect to the source of commodities automatically apply to the nationality of...

  15. 7 CFR 247.28 - Storage and inventory of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Storage and inventory of commodities. 247.28 Section..., DEPARTMENT OF AGRICULTURE CHILD NUTRITION PROGRAMS COMMODITY SUPPLEMENTAL FOOD PROGRAM § 247.28 Storage and inventory of commodities. (a) What are the requirements for storage of commodities? State and local agencies...

  16. 22 CFR 228.11 - Source and origin of commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Source and origin of commodities. 228.11... NATIONALITY FOR COMMODITIES AND SERVICES FINANCED BY USAID Conditions Governing Source and Nationality of Commodity Procurement Transactions for USAID Financing § 228.11 Source and origin of commodities. (a) The...

  17. 22 CFR 201.11 - Eligibility of commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Eligibility of commodities. 201.11 Section 201... COMMODITY TRANSACTIONS FINANCED BY USAID Conditions Governing the Eligibility of Procurement Transactions for USAID Financing § 201.11 Eligibility of commodities. To qualify for USAID financing, a commodity...

  18. 22 CFR 228.14 - Nationality of suppliers of commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Nationality of suppliers of commodities. 228.14... NATIONALITY FOR COMMODITIES AND SERVICES FINANCED BY USAID Conditions Governing Source and Nationality of Commodity Procurement Transactions for USAID Financing § 228.14 Nationality of suppliers of commodities. (a...

  19. 7 CFR 46.39 - Inspection of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 2 2010-01-01 2010-01-01 false Inspection of commodities. 46.39 Section 46.39..., Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE MARKETING OF PERISHABLE AGRICULTURAL COMMODITIES REGULATIONS (OTHER THAN RULES OF PRACTICE) UNDER THE PERISHABLE AGRICULTURAL COMMODITIES ACT, 1930 Commodity...

  20. 41 CFR 51-6.13 - Replacement and similar commodities.

    Science.gov (United States)

    2010-07-01

    ... commodities. 51-6.13 Section 51-6.13 Public Contracts and Property Management Other Provisions Relating to... PROCEDURES § 51-6.13 Replacement and similar commodities. (a) When a commodity on the Procurement List is replaced by another commodity which has not been recently procured, and a nonprofit agency can furnish the...

  1. 7 CFR 251.4 - Availability of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Availability of commodities. 251.4 Section 251.4... Availability of commodities. (a) General. The Department shall make commodities available for distribution and... receiving commodities under this part shall not diminish their normal expenditures for food because of...

  2. AN ECONOMIC ANALYSIS OF A FOOD SECURITY COMMODITY RESERVE: COMMODITY VS. CASH

    OpenAIRE

    Young, C. Edwin; Westcott, Paul C.; Hoffman, Linwood A.; Lin, William W.; Rosen, Stacey L.

    1999-01-01

    The cost of operating the Food Security Commodity Reserve as a commodity reserve was compared with the cost of a cash reserve to purchase food aid supplies only in the period of need. Preliminary simulation results reveal the cash reserve to be less costly in almost all cases.

  3. Estimating the commodity market price of risk for energy prices

    International Nuclear Information System (INIS)

    Kolos, Sergey P.; Ronn, Ehud I.

    2008-01-01

    The purpose of this paper is to estimate the ''market price of risk'' (MPR) for energy commodities, the ratio of expected return to standard deviation. The MPR sign determines whether energy forward prices are upward- or downward-biased predictors of expected spot prices. We estimate MPRs using spot and futures prices, while accounting for the Samuelson effect. We find long-term MPRs generally positive and short-term negative, consistent with positive energy betas and hedging, respectively. In spot electricity markets, MPRs in Day-Ahead Prices agree with short-dated futures. Our results relate risk premia to informed hedging decisions, and futures prices to forecast/expected prices. (author)

  4. Biofuel and Food-Commodity Prices

    Directory of Open Access Journals (Sweden)

    David Zilberman

    2012-09-01

    Full Text Available The paper summarizes key findings of alternative lines of research on the relationship between food and fuel markets, and identifies gaps between two bodies of literature: one that investigates the relationship between food and fuel prices, and another that investigates the impact of the introduction of biofuels on commodity-food prices. The former body of literature suggests that biofuel prices do not affect food-commodity prices, but the latter suggests it does. We try to explain this gap, and then show that although biofuel was an important contributor to the recent food-price inflation of 2001–2008, its effect on food-commodity prices declined after the recession of 2008/09. We also show that the introduction of cross-price elasticity is important when explaining soybean price, but less so when explaining corn prices.

  5. Expected commodity returns and pricing models

    International Nuclear Information System (INIS)

    Cortazar, Gonzalo; Kovacevic, Ivo; Schwartz, Eduardo S.

    2015-01-01

    Stochastic models of commodity prices have evolved considerably in terms of their structure and the number and interpretation of the state variables that model the underlying risk. Using multiple factors, different specifications and modern estimation techniques, these models have gained wide acceptance because of their success in accurately fitting the observed commodity futures' term structures and their dynamics. It is not well emphasized however that these models, in addition to providing the risk neutral distribution of future spot prices, also provide their true distribution. While the parameters of the risk neutral distribution are estimated more precisely and are usually statistically significant, some of the parameters of the true distribution are typically measured with large errors and are statistically insignificant. In this paper we argue that to increase the reliability of commodity pricing models, and therefore their use by practitioners, some of their parameters — in particular the risk premium parameters — should be obtained from other sources and we show that this can be done without losing any precision in the pricing of futures contracts. We show how the risk premium parameters can be obtained from estimations of expected futures returns and provide alternative procedures for estimating these expected futures returns. - Highlights: • Simple methodology to improve the performance of commodity pricing models • New information about commodity futures expected return is added to the estimation. • No significant effect in pricing futures contracts is observed. • More reliable commodity pricing model's expected returns are obtained. • Methodology is open to any expected futures return model preferred by practitioner

  6. Revisiting super-cycles in commodity prices

    Directory of Open Access Journals (Sweden)

    Fatma Pınar Erdem

    2016-12-01

    Full Text Available It is argued that business cycles have been moderating. However, there are a limited number of studies in the literature analyzing the cyclical behaviour of commodity prices in the last decades. This paper attempts to fill this gap by investigating the super-cycles in oil prices. In addition, interdependence between cycles in GDP and oil prices and co-movements between cycles in oil and other commodity prices are investigated. Results show that super-cycles in oil prices still exist and are not moderating. The last peak in long-term oil price was observed in 2012 and since then it has been on a downward trend.

  7. Radiation processing of food and agricultural commodities

    International Nuclear Information System (INIS)

    Sharma, Arun

    2014-01-01

    Reducing post-harvest food losses is becoming increasingly important for sustaining food supplies. Appropriate post-harvest processing, handling, storage and distribution practices are as important as the efforts to increase productivity for improving food security, food safety and international trade in agricultural commodities. Preservation of food by ionizing radiation involves controlled application of energy of ionizing radiation such as gamma rays, X-rays, and accelerated electrons to agricultural commodities, food products and ingredients, for improving their storage life, hygiene and safety. The process employs either gamma rays emitted by radioisotopes such as cobalt-60 or high-energy electrons or X-rays generated from machine sources

  8. Commodity, pre-salt and development

    Energy Technology Data Exchange (ETDEWEB)

    Alvim, Carlos Feu; Fantine, Jose [Univerisdade Federal do Rio de Janeiro (UFRJ/COPPE), RJ (Brazil). Coordenacao do Programa de Pos-graduacao em Engenharia

    2008-04-15

    'Brazil is essentially an agricultural country' was the economical truism taught in school in the 1950s. The country was under the influence of the coffee cycle that has followed other ones based on extractive or agricultural products in successive cycles since the Colonial period: pau-brasil, sugarcane, gold, cocoa, rubber, etc. Presently commodities dominate our exports and one might ask: is Brazil essentially a commodity-exporting country? The recent publication of the government document 'Productive development policy - innovate and invest to support growth' makes it opportune to discuss the subject. (author)

  9. Regulation of the radionuclide content in commodities produced in areas affected by the Chornobyl accident.

    Science.gov (United States)

    Berkovskyy, V B; Ratia, G G; Masiuk, S V; Bonchuk, Yu V; Gerasimenko, V B; Aryasov, P B; Treskunova, T V; Zhadan, N S; Ivanova, O M; Boyko, Z N

    2014-09-01

    This paper discusses the approaches to regulation of the content of radionuclides in commodities and compares the international and Ukrainian standards, which establish permissible levels of the content of radionuclides in food-stuffs produced in the Chornobyl-affected areas. The paper gives the actual monitoring data and discusses the main causes of differences between Ukrainian, European and international standards. The need for improvement of current approaches to the regulation of the content of radionuclides in commodities is highlighted. V. B. Berkovskyy, G. G. Ratia, S. V. Masiuk, Yu. V. Bonchuk, V. B. Gerasimenko, P. B. Aryasov, T. V. Treskunova, N. S. Zhadan, O. M. Ivanova, Z. N. Boyko.

  10. Will Commodity Properties Affect Seller's Creditworthy: Evidence in C2C E-commerce Market in China

    Science.gov (United States)

    Peng, Hui; Ling, Min

    This paper finds out that the credit rating level shows significant difference among different sub-commodity markets in E-commerce, which provides room for sellers to get higher credit rating by entering businesses with higher average credit level before fraud. In order to study the influence of commodity properties on credit rating, this paper analyzes how commodity properties affect average crediting rating through the degree of information asymmetry, returns and costs of fraud, credibility perception and fraud tolerance. Empirical study shows that Delivery, average trading volume, average price and complaint possibility have decisive impacts on credit performance; brand market share, the degree of standardization and the degree of imitation also have a relatively less significant effect on credit rating. Finally, this paper suggests that important commodity properties should be introduced to modify reputation system, for preventing credit rating arbitrage behavior where sellers move into low-rating commodity after being assigned high credit rating.

  11. 76 FR 41048 - Agricultural Commodity Definition

    Science.gov (United States)

    2011-07-13

    ..., soybeans, crude oil and gold, since it is composed of more than 50% agricultural commodities, would be an... Commission has determined to refine category four as follows: (a) In the final rule, the Commission has..., for example, an index composed of 25% each, wheat, corn, soybeans, and gold would fall within the...

  12. 2007 commodity flow survey : state summaries

    Science.gov (United States)

    2010-12-01

    This report summarizes and highlights freight shipments for each of the 50 States and the District of Columbia based on the final release of CFS data in December 2009. It provides tables for each States value and weight of shipments, major commodity ...

  13. Towards microalgal triglycerides in the commodity markets

    NARCIS (Netherlands)

    Benvenuti, Giulia; Ruiz, Jesús; Lamers, Packo P.; Bosma, Rouke; Wijffels, René H.; Barbosa, Maria J.

    2017-01-01

    Background: Microalgal triglycerides (TAGs) hold great promise as sustainable feedstock for commodity industries. However, to determine research priorities and support business decisions, solid techno-economic studies are essential. Here, we present a techno-economic analysis of two-step TAG

  14. Multi-commodity support in profile steering

    NARCIS (Netherlands)

    Schoot Uiterkamp, Martijn H. H.; Hoogsteen, Gerwin; Gerards, Marco E. T.; Hurink, Johann L.; Smit, Gerardus Johannes Maria

    2017-01-01

    The interest in hybrid energy systems that coordinate multiple commodities simultaneously on residential level (e.g., electricity, heat, gas) is increasing. Such systems can benefit from the synergy between energy carriers to improve the overall energy system efficiency. However, dependencies

  15. Commodities Trading: An Essential Economic Tool.

    Science.gov (United States)

    Welch, Mary A., Ed.

    1989-01-01

    This issue focuses on commodities trading as an essential economic tool. Activities include critical thinking about marketing decisions and discussion on how futures markets and options are used as important economic tools. Discussion questions and a special student project are included. (EH)

  16. Bitcoin: a Money-like Informational Commodity

    OpenAIRE

    Bergstra, Jan A.; Weijland, Peter

    2014-01-01

    The question "what is Bitcoin" allows for many answers depending on the objectives aimed at when providing such answers. The question addressed in this paper is to determine a top-level classification, or type, for Bitcoin. We will classify Bitcoin as a system of type money-like informational commodity (MLIC).

  17. The Principles and the Specifics of Trading in Commodities

    Science.gov (United States)

    Baran, Dušan; Herbacsková, Anita

    2012-12-01

    In the present period of instability on financial markets, investments in commodities are the solution for elimination of the consequences of inflation and ensure the yield. When investing in commodities, the use of specifics of commodities compared to other assets. The distribution of commodities we can interpret for agricultural commodities, commodities of energy, precious and other metals, and weather. Therefore, in the framework of the investment portfolio are the commodities. This is the reason why one of the most popular types of investment assets now become commodities. In the interpretation of particular commodities we talk about commodity futures. The reason is that the spot market with commodities is limited storage facilities. The growth of the popularity, which allows a wide range of commodities, has caused that in addition to from institutional investors and speculators for trade may involve even small investors. This development will be supplemented by interpretation of the charts and figers, which will be commented and used for generalization of knowledge. Finally, the article will be interpreted by the further development of the market for commodities as it by article assumes from the results of research.

  18. A Framework for Learning Analytics Using Commodity Wearable Devices.

    Science.gov (United States)

    Lu, Yu; Zhang, Sen; Zhang, Zhiqiang; Xiao, Wendong; Yu, Shengquan

    2017-06-14

    We advocate for and introduce LEARNSense, a framework for learning analytics using commodity wearable devices to capture learner's physical actions and accordingly infer learner context (e.g., student activities and engagement status in class). Our work is motivated by the observations that: (a) the fine-grained individual-specific learner actions are crucial to understand learners and their context information; (b) sensor data available on the latest wearable devices (e.g., wrist-worn and eye wear devices) can effectively recognize learner actions and help to infer learner context information; (c) the commodity wearable devices that are widely available on the market can provide a hassle-free and non-intrusive solution. Following the above observations and under the proposed framework, we design and implement a sensor-based learner context collector running on the wearable devices. The latest data mining and sensor data processing techniques are employed to detect different types of learner actions and context information. Furthermore, we detail all of the above efforts by offering a novel and exemplary use case: it successfully provides the accurate detection of student actions and infers the student engagement states in class. The specifically designed learner context collector has been implemented on the commodity wrist-worn device. Based on the collected and inferred learner information, the novel intervention and incentivizing feedback are introduced into the system service. Finally, a comprehensive evaluation with the real-world experiments, surveys and interviews demonstrates the effectiveness and impact of the proposed framework and this use case. The F1 score for the student action classification tasks achieve 0.9, and the system can effectively differentiate the defined three learner states. Finally, the survey results show that the learners are satisfied with the use of our system (mean score of 3.7 with a standard deviation of 0.55).

  19. A Framework for Learning Analytics Using Commodity Wearable Devices

    Directory of Open Access Journals (Sweden)

    Yu Lu

    2017-06-01

    Full Text Available We advocate for and introduce LEARNSense, a framework for learning analytics using commodity wearable devices to capture learner’s physical actions and accordingly infer learner context (e.g., student activities and engagement status in class. Our work is motivated by the observations that: (a the fine-grained individual-specific learner actions are crucial to understand learners and their context information; (b sensor data available on the latest wearable devices (e.g., wrist-worn and eye wear devices can effectively recognize learner actions and help to infer learner context information; (c the commodity wearable devices that are widely available on the market can provide a hassle-free and non-intrusive solution. Following the above observations and under the proposed framework, we design and implement a sensor-based learner context collector running on the wearable devices. The latest data mining and sensor data processing techniques are employed to detect different types of learner actions and context information. Furthermore, we detail all of the above efforts by offering a novel and exemplary use case: it successfully provides the accurate detection of student actions and infers the student engagement states in class. The specifically designed learner context collector has been implemented on the commodity wrist-worn device. Based on the collected and inferred learner information, the novel intervention and incentivizing feedback are introduced into the system service. Finally, a comprehensive evaluation with the real-world experiments, surveys and interviews demonstrates the effectiveness and impact of the proposed framework and this use case. The F1 score for the student action classification tasks achieve 0.9, and the system can effectively differentiate the defined three learner states. Finally, the survey results show that the learners are satisfied with the use of our system (mean score of 3.7 with a standard deviation of 0.55.

  20. Factor Structure in Commodity Futures Return and Volatility

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Lunde, Asger; Olesen, Kasper Vinther

    Using data on more than 750 million futures trades during 2004-2013, we analyze eight stylized facts of commodity price and volatility dynamics in the post financialization period. We pay particular attention to the factor structure in returns and volatility and to commodity market integration...... with the equity market. We find evidence of a factor structure in daily commodity futures returns. However, the factor structure in daily commodity futures volatility is even stronger than in returns. When computing model-free realized commodity betas with the stock market we find that they were high during 2008......-2010 but have since returned to the pre-crisis level close to zero. The common factor in commodity volatility is nevertheless clearly related to stock market volatility. We conclude that, while commodity markets appear to again be segmented from the equity market when only returns are considered, commodity...

  1. Factor Structure in Commodity Futures Return and Volatility

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Lunde, Asger; Olesen, Kasper Vinther

    -2010 but have since returned to the pre-crisis level close to zero. The common factor in commodity volatility is nevertheless clearly related to stock market volatility. We conclude that, while commodity markets appear to again be segmented from the equity market when only returns are considered, commodity......Using data on more than 750 million futures trades during 2004-2013, we analyze eight stylized facts of commodity price and volatility dynamics in the post financialization period. We pay particular attention to the factor structure in returns and volatility and to commodity market integration...... with the equity market. We find evidence of a factor structure in daily commodity futures returns. However, the factor structure in daily commodity futures volatility is even stronger than in returns. When computing model-free realized commodity betas with the stock market we find that they were high during 2008...

  2. 15 CFR 740.18 - Agricultural commodities (AGR).

    Science.gov (United States)

    2010-01-01

    ... commodity meets the definition of “agricultural commodities” in part 772 of the EAR; (2) The commodity is... international terrorism or the transaction raises nonproliferation concerns, you may not use License Exception...

  3. Factor Structure in Commodity Futures Return and Volatility

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Lunde, Asger; Olesen, Kasper Vinther

    with the equity market. We find evidence of a factor structure in daily commodity futures returns. However, the factor structure in daily commodity futures volatility is even stronger than in returns. When computing model-free realized commodity betas with the stock market we find that they were high during 2008......Using data on more than 750 million futures trades during 2004-2013, we analyze eight stylized facts of commodity price and volatility dynamics in the post financialization period. We pay particular attention to the factor structure in returns and volatility and to commodity market integration......-2010 but have since returned to the pre-crisis level close to zero. The common factor in commodity volatility is nevertheless clearly related to stock market volatility. We conclude that, while commodity markets appear to again be segmented from the equity market when only returns are considered, commodity...

  4. Crunching Large Graphs with Commodity Processors

    Energy Technology Data Exchange (ETDEWEB)

    Nelson, Jacob E; Myers, Brandon D; Hunter, Andrew H; Briggs, Preston; Ceze, Luis; Ebeling, William C; Grossman, Dan; Kahan, Simon H; Oskin, Mark

    2011-05-26

    Crunching large graphs is the basis of many emerging appli- cations, such as social network analysis and bioinformatics. Graph analytics algorithms exhibit little locality and therefore present significant performance challenges. Hardware multi- threading systems (e.g, Cray XMT) show that with enough concurrency, we can tolerate long latencies. Unfortunately, this solution is not available with commodity parts. Our goal is to develop a latency-tolerant system built out of commodity parts and mostly in software. The proposed system includes a runtime that supports a large number of lightweight contexts, full-bit synchronization and a memory manager that provides a high-latency but high-bandwidth global shared memory. This paper lays out the vision for our system, and justifies its feasibility with a performance analysis of the run- time for latency tolerance.

  5. The Commodity Form of Safety Information

    Directory of Open Access Journals (Sweden)

    Rodrigo Finkelstein

    2015-10-01

    Full Text Available The production of safety information is deemed a vital resource to protect human lives at the work site. The injury rate, lost days, incapacity rate, and fatality rate, are key indicators to prop up labour risk awareness and identify job hazards. However, safety information gets highly distorted because it does not only measure risk but serves as a means of exchange. It determines the amount of money to be swapped between Workers’ Compensation Boards and their client corporations. Moreover, as a depository of exchange value, safety information tends to exert pressure over social reality rather than just being a passive reflection of it. This paper discloses the commodity form of safety information. Based on a political economy of information framework, it identifies, describes, and analyses the safety information commodity in its active role of organizing safety and labour health.

  6. Aflatoxin contamination in food commodities in Bangladesh.

    Science.gov (United States)

    Roy, Monika; Harris, Julie; Afreen, Sadia; Deak, Eszter; Gade, Lalitha; Balajee, S Arunmozhi; Park, Benjamin; Chiller, Tom; Luby, Stephen

    2013-01-01

    During September 2009, we performed a rapid cross-sectional study to investigate the extent of aflatoxin contamination among common Bangladeshi foods. We collected eight common human food commodities (rice, lentils, wheat flour, dates, betelnut, red chili powder, ginger and groundnuts) and poultry feed samples from two large markets in each of three cities in Bangladesh. We quantified aflatoxin levels from pooled subsamples using fluorescence high-performance liquid chromatography. Aflatoxin levels were highest in dates and groundnuts (maximum 623 and 423 ng/g), respectively. Samples of betelnut (mean 30.6 ng/g), lentils (mean 21.2 ng/g) and red chili powder (>20 ng/g) also had elevated levels. The mean aflatoxin level among poultry feed samples was 73.0 ng/g. Aflatoxin levels were above the US maximum regulatory levels of 20 ng/g in five of eight commonly ingested human food commodities tested.

  7. Valuing embryos as both commodities and singularities.

    Science.gov (United States)

    Legge, Michael; Fitzgerald, Ruth

    2016-03-11

    An argument put forward against gamete and embryo donation, sale and research, is that to do so would treat the gametes or embryos as objects with no intrinsic value as human. Instead, gametes and embryos created and used for donation, sale or research, can be considered more like a commodity created and traded for economic exchange--something that is valuable only for the amount of money or other goods and services that others are willing to exchange. While Kant asserts that humans have dignity rather than object worth, the provision of human gametes and embryos are progressively becoming utilities for resolving childlessness and for certain research investigations. In this paper we discuss the commodity market and the relationship to human reproduction material.

  8. Valuing American Options on Commodity Futures Contracts

    OpenAIRE

    Plato, Gerald

    1985-01-01

    The author modified a numerical procedure developed by Cox, Ross, and Rubinstein for valuing options on stocks to value options on commodity futures contracts The numerical procedure, unlike Black's widely used analytical approach, can include the value of early exercise in the option-premium estimates Analysis with the numerical procedure shows that the variability in the underlying futures price is crucial in determining the value of an option

  9. LNG: a commodity in the making

    International Nuclear Information System (INIS)

    Chabrelie, M.F.

    2006-01-01

    Although still far being a commodity, LNG is undoubtedly emerging as an essential vector for world gas expansion. The flexibility it procures in terms of supply is of prime importance for future market equilibrium. Despite a number of uncertainties and constraints liable to thwart the realization of the most optimistic growth prospects, the LNG trade remains wedded to rapid growth of about 7% year by 2020, boosting its share of world gas trade to some 38% by that horizon. (author)

  10. Pricing commodity outpatient procedures assessing the impact.

    Science.gov (United States)

    Cleverley, William O

    2015-10-01

    Hospitals should carefully consider all relevant factors before choosing to lower prices and payments for certain outpatient commodity services in an effort to remain competitive in their market. Key steps to take in the evaluation process include: Determining current profitability. Assessing profitability by payer class. Understanding overall cost positions. Assessing the relative payment terms of current commercial contracts. Determining the net revenue effect of proposed changes.

  11. Gas fermentation for commodity chemicals and fuels.

    Science.gov (United States)

    Bengelsdorf, Frank R; Dürre, Peter

    2017-09-01

    Gas fermentation is a microbial process that contributes to at least four of the sustainable development goals (SDGs) of the United Nations. The process converts waste and greenhouse gases into commodity chemicals and fuels. Thus, world's climate is positively affected. Briefly, we describe the background of the process, some biocatalytic strains, and legal implications. © 2017 The Authors. Microbial Biotechnology published by John Wiley & Sons Ltd and Society for Applied Microbiology.

  12. The Staple Commodities of the Knowledge Market

    OpenAIRE

    Markov, Krassimir; Ivanova, Krassimira; Mitov, Ilia

    2006-01-01

    In this paper, the “Information Market” is introduced as a payable information exchange and based on it information interaction. In addition, special kind of Information Markets - the Knowledge Markets are outlined. The main focus of the paper is concentrated on the investigation of the staple commodities of the knowledge markets. They are introduced as kind of information objects, called “knowledge information objects”. The main theirs distinctive characteristic is that they cont...

  13. LNG: a commodity in the making

    International Nuclear Information System (INIS)

    Chabrelie, M.F.

    2006-01-01

    Although still far from being a commodity, LNG is undoubtedly emerging as an essential vector for world gas expansion. The flexibility it procures in terms of supply is of prime importance for future market equilibrium. Despite a number of uncertainties and constraints liable to thwart the realisation of the most optimistic growth prospects, the LNG trade remains wedded to rapid growth of about 7%/year by 2020, boosting its share of world gas trade to some 38% by that horizon. (author)

  14. The Economics of the Commodity Market Operations.

    Science.gov (United States)

    1986-06-01

    public release; distribution is unlimited. SECURITY CLASSIFICATION OF THIS PAGE .z-.." REPORT DOCUMENTATION PAGE la REPORT SECURITY CLASSIFICATION lb...Randolph, Jr. Lieutenant, United States Navy B.S., La Roche College 1980 Submitted in partial fulfillment of the 4 requirements for the degree of MASTER OF...size and commercial importance, commodity trading began to take place in special markets known as " Bourses " in Europe and "Exchanges" in England. These

  15. Commodities and Linkages: Meeting the Policy Challenge

    OpenAIRE

    Kaplinsky, Raphael; Morris, Adam; Kaplan, David

    2011-01-01

    The results of detailed empirical enquiry into the nature and determinants of the breadth and depth of linkages in and out of the commodities sector in eight SSA countries (Angola, Botswana, Gabon, Ghana, Nigeria, South Africa Tanzania, and Zambia) and six sectors (copper, diamonds, gold, oil and gas, mining services and timber) has shown extensive scope for industrial development (MMCP DP 13, 2011). A primary conclusion of this research was that policy in both the private and public realm wa...

  16. Malaria control by commodities without practical malariology.

    Science.gov (United States)

    Kevin Baird, J

    2017-06-21

    Malaria remains a serious clinical and public health problem, the object of an ongoing technological and humanitarian struggle to abate the very substantial harm done. The manner by which humanity approached malaria control changed abruptly and profoundly after 1945 with the advent of the insecticide DDT. Malariologists in the first half of the twentieth century conceived precise modifications to natural or man-made environments aimed at making those less hospitable to specific anopheline mosquito vector species. This practical malariology achieved very significant reductions in burdens of morbidity and mortality, but the revolutionary insecticide eliminated the need for its specialized knowledge and diverse practices. By 1970 mosquito resistance to DDT and perceived environmental concerns precipitated the collapse of what had been a vigorous global campaign to eradicate malaria. Humanity did not then revitalize practical malariology but turned to another commodity as the foundation of control strategy, the war-spurred suite of synthetic antimalarial drugs developed in the 1940s and 1950s. When those drugs became lost to parasite resistance in the latter twentieth century, malaria resurged globally. Since 2005, tens of billions of dollars mobilized new commodities to control malaria: point-of-care diagnostics, effective artemisinin-based treatments, and longer-lasting insecticide treated bed nets. The know-how of practical malariology is not part of that ongoing commodities-based strategy. This article examines contemporary malaria control in the broad strokes of a strategy mitigating the consequences of infection contrasted to that of the abandoned practical malariology strategy of prevention. The inherent risks and limitations of over-reliance upon commodities in striving to control malaria may prompt consideration of a strategic posture inclusive of the proven methods of practical malariology.

  17. 49 CFR 1248.1 - Freight commodity statistics.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 9 2010-10-01 2010-10-01 false Freight commodity statistics. 1248.1 Section 1248... STATISTICS § 1248.1 Freight commodity statistics. All class I railroads, as described in § 1240.1 of this... statistics on the basis of the commodity codes named in § 1248.101. Carriers shall report quarterly on the...

  18. Do Exchange Rates Really Help Forecasting Commodity Prices?

    DEFF Research Database (Denmark)

    Bork, Lasse; Kaltwasser, Pablo Rovira; Sercu, Piet

    Chen et al. (2010) report that for ‘commodity currencies’, the exchange rate predicts the country’s commodity index but not vice versa. The commodity currency hypothesis is consistent with the Engle and West (2005) exchange rate model if the fundamental is chosen to be the country’s key export pr...

  19. 7 CFR 250.63 - Commodity Supplemental Food Program.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Commodity Supplemental Food Program. 250.63 Section....63 Commodity Supplemental Food Program. (a) Distribution. The distributing agency shall distribute donated foods to the State agency which is designated by the State to administer the Commodity...

  20. 5 CFR 1315.13 - Commodity Credit Corporation payments.

    Science.gov (United States)

    2010-01-01

    ... 5 Administrative Personnel 3 2010-01-01 2010-01-01 false Commodity Credit Corporation payments... PAYMENT § 1315.13 Commodity Credit Corporation payments. As provided in § 1315.1(d), the provisions of this part apply to payments relating to the procurement of property and services made by the Commodity...

  1. 7 CFR 1421.110 - Commodity certificate exchanges.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Commodity certificate exchanges. 1421.110 Section 1421.110 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY CREDIT... COMMODITIES-MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS FOR 2008 THROUGH 2012 Marketing Assistance...

  2. Botswana's Beef Global Commodity Chain: Explaining the Resistance to Change

    Science.gov (United States)

    Ransom, Elizabeth

    2011-01-01

    In an era of increasing global agricultural trade, many firms and farms seek to upgrade their agricultural commodity chains to become better integrated into global markets. Utilizing a global commodity chain (GCC) approach, this analysis unravels the challenges to and the potential consequences of upgrading Botswana's beef commodity chain.…

  3. 7 CFR 1427.22 - Commodity certificate exchanges.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Commodity certificate exchanges. 1427.22 Section 1427.22 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY CREDIT CORPORATION... Deficiency Payments § 1427.22 Commodity certificate exchanges. (a) For any outstanding marketing assistance...

  4. Optimum commodity taxation with a non-renewable resource

    DEFF Research Database (Denmark)

    Daubanes, Julien Xavier; Lasserre, Pierre

    2017-01-01

    We examine optimum commodity taxation (OCT), including the taxation of non-renewable resources (NRRs), by a government that needs to rely on commodity taxes to raise revenues. NRRs should be taxed at higher rates than otherwise-identical conventional commodities, according to an augmented, dynamic...

  5. 22 CFR 201.31 - Suppliers of commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Suppliers of commodities. 201.31 Section 201.31 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT RULES AND PROCEDURES APPLICABLE TO COMMODITY TRANSACTIONS FINANCED BY USAID Responsibilities of Suppliers § 201.31 Suppliers of commodities. (a) Performance...

  6. 7 CFR 1499.8 - Entry and handling of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Entry and handling of commodities. 1499.8 Section 1499.8 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY CREDIT....8 Entry and handling of commodities. (a) The participant shall make all necessary arrangements for...

  7. 7 CFR 226.5 - Donation of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Donation of commodities. 226.5 Section 226.5... of commodities. (a) USDA foods available under section 6 of this Act, section 416 of the Agricultural... the Department shall be made available to each State. (b) The value of such commodities donated to...

  8. 22 CFR 211.6 - Processing, repackaging, and labeling commodities.

    Science.gov (United States)

    2010-04-01

    ... commodities. 211.6 Section 211.6 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT TRANSFER OF FOOD COMMODITIES FOR FOOD USE IN DISASTER RELIEF, ECONOMIC DEVELOPMENT AND OTHER ASSISTANCE § 211.6 Processing, repackaging, and labeling commodities. (a) Commercial processing and repackaging. Cooperating sponsors or...

  9. 31 CFR 560.526 - Commodities trading and related transactions.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Commodities trading and related... Licenses, Authorizations and Statements of Licensing Policy § 560.526 Commodities trading and related transactions. (a) Trading in Iranian-origin commodities. With respect to § 560.206, specific licenses may be...

  10. 46 CFR 531.10 - Excepted and exempted commodities.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 9 2010-10-01 2010-10-01 false Excepted and exempted commodities. 531.10 Section 531.10... ARRANGEMENTS Exceptions and Implementation § 531.10 Excepted and exempted commodities. (a) Statutory exceptions... or paper waste. (b) Commission exemptions. The following commodities and/or services are not subject...

  11. 7 CFR 1599.8 - Entry and handling of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Entry and handling of commodities. 1599.8 Section... PROGRAM § 1599.8 Entry and handling of commodities. (a) The participant shall make all necessary arrangements for receiving the donated commodities in the targeted country, including obtaining appropriate...

  12. 7 CFR 253.3 - Availability of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Availability of commodities. 253.3 Section 253.3... FOR HOUSEHOLDS ON INDIAN RESERVATIONS § 253.3 Availability of commodities. (a) Conditions for... commodities to households under the authority of any law, except that distribution may be made (1) on a...

  13. 44 CFR 402.5 - Forwarding commodities previously shipped.

    Science.gov (United States)

    2010-10-01

    ... 44 Emergency Management and Assistance 1 2010-10-01 2010-10-01 false Forwarding commodities... commodities previously shipped. Order T-1 applies to transportation on or discharge from ships documented... ship or aircraft, before the issuance of Order T-1, had transported restricted commodities manifested...

  14. 7 CFR 65.125 - Commingled covered commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 3 2010-01-01 2010-01-01 false Commingled covered commodities. 65.125 Section 65.125... OF BEEF, PORK, LAMB, CHICKEN, GOAT MEAT, PERISHABLE AGRICULTURAL COMMODITIES, MACADAMIA NUTS, PECANS, PEANUTS, AND GINSENG General Provisions Definitions § 65.125 Commingled covered commodities. Commingled...

  15. 41 CFR 51-6.4 - Military resale commodities.

    Science.gov (United States)

    2010-07-01

    ... commodities. 51-6.4 Section 51-6.4 Public Contracts and Property Management Other Provisions Relating to... PROCEDURES § 51-6.4 Military resale commodities. (a) Purchase procedures for ordering military resale commodities are available from the central nonprofit agencies. Authorized resale outlets (military commissary...

  16. Forecasting Energy Commodity Prices Using Neural Networks

    Directory of Open Access Journals (Sweden)

    Massimo Panella

    2012-01-01

    Full Text Available A new machine learning approach for price modeling is proposed. The use of neural networks as an advanced signal processing tool may be successfully used to model and forecast energy commodity prices, such as crude oil, coal, natural gas, and electricity prices. Energy commodities have shown explosive growth in the last decade. They have become a new asset class used also for investment purposes. This creates a huge demand for better modeling as what occurred in the stock markets in the 1970s. Their price behavior presents unique features causing complex dynamics whose prediction is regarded as a challenging task. The use of a Mixture of Gaussian neural network may provide significant improvements with respect to other well-known models. We propose a computationally efficient learning of this neural network using the maximum likelihood estimation approach to calibrate the parameters. The optimal model is identified using a hierarchical constructive procedure that progressively increases the model complexity. Extensive computer simulations validate the proposed approach and provide an accurate description of commodities prices dynamics.

  17. LDC commodity risk analysis and recommendations

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-08-08

    Under the current operation of the new competitive electricity market in Ontario, local distribution companies (LDCs) are required to pay the monthly invoice of the Independent Market Operator (IMO) before they collect from end-users for the consumption period covered by the invoice, with no clear guarantee that the recovery will occur. This situation creates a major cash flow problem and financial risk for LDCs and threatens the integrity and stability of the electricity market. This paper described 3 features of Ontario's competitive electricity market that create financial and commodity risk. The first problem is that there is no limit on how high prices can rise. Increases in wholesale commodity prices can result in a situation where the amount of the IMO's invoice is greater than the LDC's ability to pay at the time of receipt. Secondly, the LDC bears a 100 per cent payment obligation to the IMO administrator of the wholesale market. The third problem is that LDCs bear payment default risk from all consumers in the Ontario market, including electricity retailers. This paper presents some specific policy solutions that can protect the market from this threat. It was suggested that in order to protect the integrity of Ontario's electricity market during high prices, a policy must be drafted to address the commodity price financing risk (CPFR) issue. The policy must also define what happens if prices increase past the LDCs financing obligation limit. tabs., figs.

  18. LDC commodity risk analysis and recommendations

    International Nuclear Information System (INIS)

    2002-01-01

    Under the current operation of the new competitive electricity market in Ontario, local distribution companies (LDCs) are required to pay the monthly invoice of the Independent Market Operator (IMO) before they collect from end-users for the consumption period covered by the invoice, with no clear guarantee that the recovery will occur. This situation creates a major cash flow problem and financial risk for LDCs and threatens the integrity and stability of the electricity market. This paper described 3 features of Ontario's competitive electricity market that create financial and commodity risk. The first problem is that there is no limit on how high prices can rise. Increases in wholesale commodity prices can result in a situation where the amount of the IMO's invoice is greater than the LDC's ability to pay at the time of receipt. Secondly, the LDC bears a 100 per cent payment obligation to the IMO administrator of the wholesale market. The third problem is that LDCs bear payment default risk from all consumers in the Ontario market, including electricity retailers. This paper presents some specific policy solutions that can protect the market from this threat. It was suggested that in order to protect the integrity of Ontario's electricity market during high prices, a policy must be drafted to address the commodity price financing risk (CPFR) issue. The policy must also define what happens if prices increase past the LDCs financing obligation limit. tabs., figs

  19. Electrosynthesis of commodity chemicals by an autotrophic microbial community.

    Science.gov (United States)

    Marshall, Christopher W; Ross, Daniel E; Fichot, Erin B; Norman, R Sean; May, Harold D

    2012-12-01

    A microbial community originating from brewery waste produced methane, acetate, and hydrogen when selected on a granular graphite cathode poised at -590 mV versus the standard hydrogen electrode (SHE) with CO(2) as the only carbon source. This is the first report on the simultaneous electrosynthesis of these commodity chemicals and the first description of electroacetogenesis by a microbial community. Deep sequencing of the active community 16S rRNA revealed a dynamic microbial community composed of an invariant Archaea population of Methanobacterium spp. and a shifting Bacteria population. Acetobacterium spp. were the most abundant Bacteria on the cathode when acetogenesis dominated. Methane was generally the dominant product with rates increasing from 4 mM day(-1) (accumulated to 28.5 mM over 12 days), and methanogenesis ceased following the addition of 2-bromoethanesulfonic acid. Traces of hydrogen accumulated during initial selection and subsequently accelerated to >11 mM day(-1) (versus 0.045 mM day(-1) abiotic production). The hypothesis of electrosynthetic biocatalysis occurring at the microbe-electrode interface was supported by a catalytic wave (midpoint potential of -460 mV versus SHE) in cyclic voltammetry scans of the biocathode, the lack of redox active components in the medium, and the generation of comparatively high amounts of products (even after medium exchange). In addition, the volumetric production rates of these three commodity chemicals are marked improvements for electrosynthesis, advancing the process toward economic feasibility.

  20. 17 CFR 155.3 - Trading standards for futures commission merchants.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Trading standards for futures commission merchants. 155.3 Section 155.3 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION TRADING STANDARDS § 155.3 Trading standards for futures commission merchants. (a) Each futures...

  1. Definitions and scientific context of the Science of Commodities

    Directory of Open Access Journals (Sweden)

    Alexandru BURDA

    2015-09-01

    Full Text Available The Science of Commodities as an independent discipline studies the level of satisfaction of implicit and explicit needs through quality and assortment of goods. In time, this scientific area has held various names. The best known of these names is the "Commodities". The term "Commodities" is equivalent in Romanian with "study (science goods". The phrase "knowledge goods" was borrowed from Italian, which was formed from the Latin expression mercis (= the commodity and Greek expression λογοξ, logos (= science, knowledge deeper, state, Commodities that name comes from the Latin word MERX, which is mercis genitiv.

  2. Multiple commodities in statistical microeconomics: Model and market

    Science.gov (United States)

    Baaquie, Belal E.; Yu, Miao; Du, Xin

    2016-11-01

    A statistical generalization of microeconomics has been made in Baaquie (2013). In Baaquie et al. (2015), the market behavior of single commodities was analyzed and it was shown that market data provides strong support for the statistical microeconomic description of commodity prices. The case of multiple commodities is studied and a parsimonious generalization of the single commodity model is made for the multiple commodities case. Market data shows that the generalization can accurately model the simultaneous correlation functions of up to four commodities. To accurately model five or more commodities, further terms have to be included in the model. This study shows that the statistical microeconomics approach is a comprehensive and complete formulation of microeconomics, and which is independent to the mainstream formulation of microeconomics.

  3. Towards a Gendered Agro-Commodity Approach

    Directory of Open Access Journals (Sweden)

    Primrose Nakazibwe

    2015-08-01

    Full Text Available Commodity or value chains are the dominant means to channel agro-food products from cultivators to consumers. Direct open markets are either non-existent or insignificant . These chains are also the main mechanisms for integrating underprivileged groups into the world economy. Why do global value chains generate sorrow for many and joy for a few, and why are these outcomes heavily gender biased? To look for answers this article critically reviews the post-2000 and earlier gender literature by proponents and opponents of the mainstream value chain approach. The purpose is to provide a methodological contribution on the integration of gender into the commodity chain approach. Most studies have fo cused on the economic effects of chain dynamics on women in agricultural product and labor markets. Some have extended this reasoning with social and cultural effects. Despite these advances, analytical gaps still exist as most existing research has concentrated on the agricultural nodes of modern, high value chains and lacks a gendered conceptual foundation. Scarce attention has been given to traditional staple crops, non-agricultural nodes, and feed back effects of gender relations on the chain. Our results indicate that an appropriate GCC approach should also consider the gendered impacts of the interaction between the governance structure and the institutiona l embeddedness, as well as the consequences of intra-household division of resources and labor in all stages of the chain. These two conceptual complements will be needed to explain the opportunities and constraints to improve gender equity in traditional and modern agro-commodity chains.

  4. From commodity polymers to functional polymers.

    Science.gov (United States)

    Xiang, Tao; Wang, Ling-Ren; Ma, Lang; Han, Zhi-Yuan; Wang, Rui; Cheng, Chong; Xia, Yi; Qin, Hui; Zhao, Chang-Sheng

    2014-04-08

    Functional polymers bear specified chemical groups, and have specified physical, chemical, biological, pharmacological, or other uses. To adjust the properties while keeping material usage low, a method for direct synthesis of functional polymers is indispensable. Here we show that various functional polymers can be synthesized by in situ cross-linked polymerization/copolymerization. We demonstrate that the polymers synthesized by the facile method using different functional monomers own outstanding pH-sensitivity and pH-reversibility, antifouling property, antibacterial, and anticoagulant property. Our study opens a route for the functionalization of commodity polymers, which lead to important advances in polymeric materials applications.

  5. Airships for transporting highly volatile commodities

    Science.gov (United States)

    Sonstegaard, M.

    1975-01-01

    Large airships may prove feasible as carriers of commodities that move as gases or cryogenic liquids; buoyant gaseous cargo could be ballasted with liquid cargo. Airships are compact in shape, operate in a rarified medium, and hence can be fast and perhaps economic carriers of costly cryogenic tanks. The high-pressure gas pipeline has excessive surface area when carrying hydrogen and excessive fluid density when carrying natural gas, while the cryogenic ocean tanker runs in a dense medium and makes gravity waves. But the airship, despite its fluid dynamic advantages, faces problems of safety, weather, and altitude control.

  6. 17 CFR 32.9 - Fraud in connection with commodity option transactions.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Fraud in connection with commodity option transactions. 32.9 Section 32.9 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION REGULATION OF COMMODITY OPTION TRANSACTIONS § 32.9 Fraud in connection with commodity...

  7. Voluntary medical male circumcision: logistics, commodities, and waste management requirements for scale-up of services.

    Directory of Open Access Journals (Sweden)

    Dianna Edgil

    2011-11-01

    Full Text Available BACKGROUND: The global HIV prevention community is implementing voluntary medical male circumcision (VMMC programs across eastern and southern Africa, with a goal of reaching 80% coverage in adult males by 2015. Successful implementation will depend on the accessibility of commodities essential for VMMC programming and the appropriate allocation of resources to support the VMMC supply chain. For this, the United States President's Emergency Plan for AIDS Relief, in collaboration with the World Health Organization and the Joint United Nations Programme on HIV/AIDS, has developed a standard list of commodities for VMMC programs. METHODS AND FINDINGS: This list of commodities was used to inform program planning for a 1-y program to circumcise 152,000 adult men in Swaziland. During this process, additional key commodities were identified, expanding the standard list to include commodities for waste management, HIV counseling and testing, and the treatment of sexually transmitted infections. The approximate costs for the procurement of commodities, management of a supply chain, and waste disposal, were determined for the VMMC program in Swaziland using current market prices of goods and services. Previous costing studies of VMMC programs did not capture supply chain costs, nor the full range of commodities needed for VMMC program implementation or waste management. Our calculations indicate that depending upon the volume of services provided, supply chain and waste management, including commodities and associated labor, contribute between US$58.92 and US$73.57 to the cost of performing one adult male circumcision in Swaziland. CONCLUSIONS: Experience with the VMMC program in Swaziland indicates that supply chain and waste management add approximately US$60 per circumcision, nearly doubling the total per procedure cost estimated previously; these additional costs are used to inform the estimate of per procedure costs modeled by Njeuhmeli et al. in

  8. Voluntary medical male circumcision: logistics, commodities, and waste management requirements for scale-up of services.

    Science.gov (United States)

    Edgil, Dianna; Stankard, Petra; Forsythe, Steven; Rech, Dino; Chrouser, Kristin; Adamu, Tigistu; Sakallah, Sameer; Thomas, Anne Goldzier; Albertini, Jennifer; Stanton, David; Dickson, Kim Eva; Njeuhmeli, Emmanuel

    2011-11-01

    The global HIV prevention community is implementing voluntary medical male circumcision (VMMC) programs across eastern and southern Africa, with a goal of reaching 80% coverage in adult males by 2015. Successful implementation will depend on the accessibility of commodities essential for VMMC programming and the appropriate allocation of resources to support the VMMC supply chain. For this, the United States President's Emergency Plan for AIDS Relief, in collaboration with the World Health Organization and the Joint United Nations Programme on HIV/AIDS, has developed a standard list of commodities for VMMC programs. This list of commodities was used to inform program planning for a 1-y program to circumcise 152,000 adult men in Swaziland. During this process, additional key commodities were identified, expanding the standard list to include commodities for waste management, HIV counseling and testing, and the treatment of sexually transmitted infections. The approximate costs for the procurement of commodities, management of a supply chain, and waste disposal, were determined for the VMMC program in Swaziland using current market prices of goods and services. Previous costing studies of VMMC programs did not capture supply chain costs, nor the full range of commodities needed for VMMC program implementation or waste management. Our calculations indicate that depending upon the volume of services provided, supply chain and waste management, including commodities and associated labor, contribute between US$58.92 and US$73.57 to the cost of performing one adult male circumcision in Swaziland. Experience with the VMMC program in Swaziland indicates that supply chain and waste management add approximately US$60 per circumcision, nearly doubling the total per procedure cost estimated previously; these additional costs are used to inform the estimate of per procedure costs modeled by Njeuhmeli et al. in "Voluntary Medical Male Circumcision: Modeling the Impact and Cost of

  9. Voluntary Medical Male Circumcision: Logistics, Commodities, and Waste Management Requirements for Scale-Up of Services

    Science.gov (United States)

    Edgil, Dianna; Stankard, Petra; Forsythe, Steven; Rech, Dino; Chrouser, Kristin; Adamu, Tigistu; Sakallah, Sameer; Thomas, Anne Goldzier; Albertini, Jennifer; Stanton, David; Dickson, Kim Eva; Njeuhmeli, Emmanuel

    2011-01-01

    Background The global HIV prevention community is implementing voluntary medical male circumcision (VMMC) programs across eastern and southern Africa, with a goal of reaching 80% coverage in adult males by 2015. Successful implementation will depend on the accessibility of commodities essential for VMMC programming and the appropriate allocation of resources to support the VMMC supply chain. For this, the United States President’s Emergency Plan for AIDS Relief, in collaboration with the World Health Organization and the Joint United Nations Programme on HIV/AIDS, has developed a standard list of commodities for VMMC programs. Methods and Findings This list of commodities was used to inform program planning for a 1-y program to circumcise 152,000 adult men in Swaziland. During this process, additional key commodities were identified, expanding the standard list to include commodities for waste management, HIV counseling and testing, and the treatment of sexually transmitted infections. The approximate costs for the procurement of commodities, management of a supply chain, and waste disposal, were determined for the VMMC program in Swaziland using current market prices of goods and services. Previous costing studies of VMMC programs did not capture supply chain costs, nor the full range of commodities needed for VMMC program implementation or waste management. Our calculations indicate that depending upon the volume of services provided, supply chain and waste management, including commodities and associated labor, contribute between US$58.92 and US$73.57 to the cost of performing one adult male circumcision in Swaziland. Conclusions Experience with the VMMC program in Swaziland indicates that supply chain and waste management add approximately US$60 per circumcision, nearly doubling the total per procedure cost estimated previously; these additional costs are used to inform the estimate of per procedure costs modeled by Njeuhmeli et al. in “Voluntary Medical

  10. Phosphate: are we squandering a scarce commodity?

    Science.gov (United States)

    Ferro, Charles J; Ritz, Eberhard; Townend, Jonathan N

    2015-02-01

    Phosphorus is an essential element for life but is a rare element in the universe. On Earth, it occurs mostly in the form of phosphates that are widespread but predominantly at very low concentration. This relative rarity has resulted in a survival advantage, in evolutionary terms, to organisms that conserve phosphate. When phosphate is made available in excess it becomes a cause for disease, perhaps best recognized as a potential cardiovascular and renal risk factor. As a reaction to the emerging public health issue caused by phosphate additives to food items, there have been calls for a public education programme and regulation to bring about a reduction of phosphate additives to food. During the Paleoproterzoic era, an increase in the bioavailability of phosphate is thought to have contributed significantly to the oxygenation of our atmosphere and a dramatic increase in the evolution of new species. Currently, phosphate is used poorly and often wasted with phosphate fertilizers washing this scarce commodity into water bodies causing eutrophication and algal blooms. Ironically, this is leading to the extinction of hundreds of species. The unchecked exploitation of phosphate rock, which is an increasingly rare natural resource, and our dependence on it for agriculture may lead to a strange situation in which phosphate might become a commodity to be fought over whilst at the same time, health and environmental experts are likely to recommend reductions in its use. © The Author 2014. Published by Oxford University Press on behalf of ERA-EDTA. All rights reserved.

  11. Local Subversions of Colonial Cultures: Commodities and Anti-Commodities in Global History

    NARCIS (Netherlands)

    Hazareesingh, S.; Maat, H.

    2016-01-01

    This book brings together original, state-of-the-art historical research from several continents and examines how mainly local peasant societies responded to colonial pressures to produce a range of different commodities. It shows how they were able to subvert these processes and establish viable

  12. Child mortality, commodity price volatility and the resource curse.

    Science.gov (United States)

    Makhlouf, Yousef; Kellard, Neil M; Vinogradov, Dmitri

    2017-04-01

    Given many developing economies depend on primary commodities, the fluctuations of commodity prices may imply significant effects for the wellbeing of children. To investigate, this paper examines the relationship between child mortality and commodity price movements as reflected by country-specific commodity terms-of-trade. Employing a panel of 69 low and lower-middle income countries over the period 1970-2010, we show that commodity terms-of-trade volatility increases child mortality in highly commodity-dependent importers suggesting a type of 'scarce' resource curse. Strikingly however, good institutions appear able to mitigate the negative impact of volatility. The paper concludes by highlighting this tripartite relationship between child mortality, volatility and good institutions and posits that an effective approach to improving child wellbeing in low to lower-middle income countries will combine hedging, import diversification and improvement of institutional quality. Copyright © 2017. Published by Elsevier Ltd.

  13. Trends and prospects of international major commodity prices

    Directory of Open Access Journals (Sweden)

    Maria Cartas

    2013-04-01

    Full Text Available Trends and prospects of international major commodity prices. In 2012, the international commodity markets have seen declining prices, especially during the first half of the year, with some improvement mainly in the last quarter. On the whole, most of major commodity prices declined, following generally weaker demand and the uncertain global economic situation. The short term outlook shows broad declines of prices for all major commodity groups, including oil and excepting metal prices, which are expected to be sustained by the global economic recovery and increasing demand, mainly in China. This country represents a major player, with a great contribution to the movement of prices on most of international commodity markets, as she has a great role in the world consumption and trade of commodities, as well as in the world production of some of these goods, on the one hand, and enjoys huge financial resources, on the other.

  14. Education: Commodity, Come-On, or Commitment?

    Science.gov (United States)

    Moore, John W.

    2000-07-01

    July 4, and the glass art shown on pages 812-816, remind us that freedom is fragile. Through their governments, citizens of democracies have traditionally made strong commitments to education on grounds that without it individuals would not be able to act responsibly and to make wise decisions in voting booths and public meetings. All citizens have a stake in everyone's education, because a better-educated citizenry benefits all of society. In this country such a commitment has produced a system of public schools and public universities that offers opportunities to many who otherwise could not afford a level of education commensurate with their talents. But there are signs that this commitment to public education is flagging. Many students, teachers, and administrators view education as merely a way to enhance personal prosperity. How often have you heard the statistic that a college education pays for itself through increased earning power, even if it costs $20,000-30,000 per year? Investing in education pays off just as investing in the stock market does, provided you wait long enough. Attending a better school gets you a better job and a better income. In other words, a certified level of education is a commodity-something that is useful and can be turned to commercial advantage. Viewing education as a commodity has several consequences. First, if education is a means to better employment rather than better citizenship, why should anyone pay for it other than the person who benefits? Why should I pay taxes to help someone else get a better job when I could be spending the money for my own benefit? Education as a commodity makes such attitudes reasonable, though not commendable, and the result is lessened support for public education. Second, those who supply education as an economic good should be rewarded, and those who are much better at educating should be rewarded much more. Hence the fear of Arthur Levine, president of Teachers College, Columbia University

  15. COMMODITY MARKET REGULATION: EXPORTING COUNTRIES VERSUS IMPORTING COUNTRIES

    OpenAIRE

    Souza, Leonardo Silveira

    2012-01-01

    The high in commodity prices in the international market in the last decade, tensions escalated between exporting and importing commodities countries, the extent of having their demands and pressures discussed in the main international organizations, especially in the G20. As altas nas cotações das commodities no mercado internacional na última década acirraram as tensões entre países exportadores e importadores de commodities, a ponto de terem suas reivindicações e pressões debatidas no...

  16. Dynamic analysis of policy drivers for bioenergy commodity markets

    International Nuclear Information System (INIS)

    Jeffers, Robert F.; Jacobson, Jacob J.; Searcy, Erin M.

    2013-01-01

    Biomass is increasingly being considered as a feedstock to provide a clean and renewable source of energy in the form of both liquid fuels and electric power. In the United States, the biofuels and biopower industries are regulated by different policies and have different drivers, which impact the maximum price the industries are willing to pay for biomass. This article describes a dynamic computer simulation model that analyzes future behavior of bioenergy feedstock markets given policy and technical options. The model simulates the long-term dynamics of these markets by treating advanced biomass feedstocks as a commodity and projecting the total demand of each industry, as well as the market price over time. The model is used for an analysis of the United States bioenergy feedstock market that projects supply, demand, and market price given three independent buyers: domestic biopower, domestic biofuels, and foreign exports. With base-case assumptions, the biofuels industry is able to dominate the market and meet the federal Renewable Fuel Standard (RFS) targets for advanced biofuels. Further analyses suggest that United States bioenergy studies should include estimates of export demand in their projections, and that GHG-limiting policy would partially shield both industries from export dominance. - Highlights: ► We model a United States bioenergy feedstock commodity market. ► Three buyers compete for biomass: biopower, biofuels, and foreign exports. ► The presented methodology improves on dynamic economic equilibrium theory. ► With current policy incentives and ignoring exports, biofuels dominates the market. ► Overseas biomass demand could dominate unless a CO 2 -limiting policy is enacted.

  17. The New Commodity: Technicity and Poetic Form

    Directory of Open Access Journals (Sweden)

    Brian Kim Stefans

    2017-03-01

    Full Text Available One of the key strands of early thinking by the Language Poets, notably Charles Bernstein, Bruce Andrews and Steve McCaffery, was that the poem—particularly the mainstream, American lyric in thrall to the Imagist tradition—should be understood as partaking in the commodity system, either in its capacity of presenting the world itself as consumable or as a commodity itself. Strategies to retool the poem included an exaggerated de-naturalization of language (akin to Brecht’s Verfremdung Effekt, the permanent deferral of epiphany as “pay off” (i.e., writing as ongoing phenomenological investigation, and, most extremely, the poem as engaged in a “general” as opposed to a “closed” economy—as pure expenditure, linguistic waste, in George Bataille’s sense. These practices, however, while they might have, in theory, “de-commodified” the poem (the evidence weighs against it, but it’s quite impossible to prove, have nonetheless confirmed the centrality of the early notion by William Carlos Williams that a poem is a “machine,” an autonomous producer of meanings, and to that extent an object. The French philosopher Gilbert Simondon argues in his theory of technicity that something human lies at the heart of the technical object and that its technical essence, like any player in the Darwinian evolution, has its own evolutionary journey through time. In Bernard Stiegler’s succinct formulation, “[a]s a ‘process of exteriorization,’ technics is the pursuit of life by means other than life.” This confluence of ideas suggests a possibility: that the technical elements of poems—what might have formerly been understood as stylistic tics, characteristic methods, visual and prosodic features—are themselves engaged in a quest for “life,” and that poems are in fact always already objects, existing outside of the system of commodities if only by virtue of obtaining an ontological status both: (1 irreducible to an over

  18. Overview of plant dosimetry in agricultural commodities

    International Nuclear Information System (INIS)

    Khedkar, Kalpana C.

    2014-01-01

    Extensive research carried out for more than three decades at Bhabha Atomic Research Centre, Bombay and other laboratories in India had conclusively established application of radiation processing of food for catering to the domestic and export market. A major milestone of food irradiation was reached in the country when Board of Radiation and Isotope Technology, a constituent unit of Department of Atomic Energy had set up 'SPICE PLANT' at Vashi, Navi Mumbai in the year 2000. It was first demonstration plant for radiation processing of spices for hygienisation purpose. For expanding scope of applications in agricultural sector, the next step in this direction was taken by BARC for setting up 'KRUSHAK' plant at Lasalgaon, Nashik. This was the first plant for low dose application of gamma radiation in agricultural commodities i.e. for sprout inhibition in onion and potatoes

  19. Commodity derivatives pricing with inventory effects

    DEFF Research Database (Denmark)

    Bach, Christian; Dziubinski, Matt P.

    We introduce tractable models for commodity derivatives pricing with inventory and volatility eects, and illustrate with applications to the oil market. We contribute to the existing literature in several respects. First, whereas the previous literature uses futures data for investigating...... the relationship between inventory and volatility, we use the information available in options traded on futures. Second, performance assessment in the previous literature has primarily evolved around explaining moments of data or forecasting prices of futures. Instead, we asses the performance of our model...... by considering both the ability of explaining prices in-sample and out-of-sample - assessing both the pricing-performance and the hedging-performance of the models. Third, we model the futures surface rather than the spot price process, and from the no-arbitrage relationship between spot and futures prices we...

  20. Alcohol as international commodity; Alcool como 'commodity' internacional

    Energy Technology Data Exchange (ETDEWEB)

    Negrao, Luiz Celso Parisi [Ministerio do Desenvolvimento, Industria e Comercio Exterior, Brasilia, DF (Brazil). Secretaria de Tecnologia Industrial]. E-mail: luiz.negrao@desenvolvimento.gov.br; Urban, Maria Lucia de Paula

    2004-12-15

    The ethanol is able to reduce the gas emissions, mainly in CO2 balance which gives a strong contribution for this fact. Using the alcohol rather than fossil fuels is a natural choice as a important renewable energy source. Also, to have the alcohol as international environmental commodity is the goal of all interested in this matter, since the entry into force the Kyoto protocol, with the Russian approval.

  1. Bitcoin: not a currency-like informational commodity

    NARCIS (Netherlands)

    Bergstra, J.A.

    2014-01-01

    Six assertions concerning the status of Bitcoin are formulated and defended: (i) Bitcoin is not and will not become a currency-like informational commodity, (ii) currency-like informational commodities that aren’t currencies must be frauds, (ii) specific BTC amounts may become monetized and thus may

  2. Multinetwork of international trade: a commodity-specific analysis.

    Science.gov (United States)

    Barigozzi, Matteo; Fagiolo, Giorgio; Garlaschelli, Diego

    2010-04-01

    We study the topological properties of the multinetwork of commodity-specific trade relations among world countries over the 1992-2003 period, comparing them with those of the aggregate-trade network, known in the literature as the international-trade network (ITN). We show that link-weight distributions of commodity-specific networks are extremely heterogeneous and (quasi) log normality of aggregate link-weight distribution is generated as a sheer outcome of aggregation. Commodity-specific networks also display average connectivity, clustering, and centrality levels very different from their aggregate counterpart. We also find that ITN complete connectivity is mainly achieved through the presence of many weak links that keep commodity-specific networks together and that the correlation structure existing between topological statistics within each single network is fairly robust and mimics that of the aggregate network. Finally, we employ cross-commodity correlations between link weights to build hierarchies of commodities. Our results suggest that on the top of a relatively time-invariant "intrinsic" taxonomy (based on inherent between-commodity similarities), the roles played by different commodities in the ITN have become more and more dissimilar, possibly as the result of an increased trade specialization. Our approach is general and can be used to characterize any multinetwork emerging as a nontrivial aggregation of several interdependent layers.

  3. 12 CFR 211.603 - Commodity swap transactions.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Commodity swap transactions. 211.603 Section 211.603 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM... Commodity swap transactions. For text of interpretation relating to this subject, see § 208.128 of this...

  4. Making the Most of Commodities Program (sub-Saharan Africa ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Making the Most of Commodities Program (sub-Saharan Africa) ... Sub-Saharan Africa needs to develop a strategic response to the boom in commodities prices, which has already been more long-lived and less volatile than ... The Science Granting Councils Initiative in sub-Saharan Africa wins Science Diplomacy Award.

  5. United Nations Commission on Commodities for Women's and ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    These studies will assess bottlenecks to availability, affordability, accessibility, and rational use of the selected essential commodities, giving attention to improving access to maternal and newborn health commodities within an equitable health system. IDRC's support will ensure that issues and viewpoints from these parts ...

  6. Toward Improved Market Access for ASEAN Agricultural Commodities

    International Development Research Centre (IDRC) Digital Library (Canada)

    ... technical report, November 2009 - May 2013. Études. Towards improved market access for ASEAN agricultural commodities : donor partnerships strategy and plan. Rapports. Towards improved market access for ASEAN agricultural commodities : project inception meeting report, Palm Garden Hotel, Putrajaya, Malaysia, ...

  7. A Preference-Free Formula to Value Commodity Derivatives

    NARCIS (Netherlands)

    Rodriguez, J.C.

    2007-01-01

    This paper studies a new model of commodity prices in which the stochastic convenience yield is an affine function of past commodity returns. While preserving market completeness, the model exhibits price nonstationarity and mean reversion under the martingale measure, and, as a consequence, it is

  8. WARP does not imply SARP for more than twoo commodities

    NARCIS (Netherlands)

    Peters, H.; Wakker, P.

    1994-01-01

    The only examples available in literature to show that the Weak Axiom of Revealed Preference does not imply the Strong Axiom of Revealed Preference, the examples of Gale and Shafer, apply only to the case of three commodities. This paper constructs examples for four or more commodities.

  9. Trends in economic scarcity of U.S. timber commodities

    Science.gov (United States)

    K. E. Skog; C. D. Risbrudt

    Prompted by continuing concern that timber-based commodities are becoming increasingly scarce, this paper presents information on changes in real prices (prices deflated by the general producer price index) of timber commodities as potential indicators of economic scarcity. Data updating previous studies are shown for sawlog stumpage, delivered sawlogs, and lumber;...

  10. Continental-scale kriging of gold-bearing commodities

    NARCIS (Netherlands)

    Thiart, C.; Stein, A.

    2013-01-01

    This paper focuses on continental-scale kriging on the African continent using the gold-bearing commodities of the Gondwana Geoscience Indexing Database. The mineral layer contains over 20 000 commodities, each containing information on its ordinal interval size value. Boundaries between class

  11. Exploitation of Labour and Exploitation of Commodities: a “New Interpretation”

    OpenAIRE

    Veneziani, Roberto; Yoshihara, Naoki

    2011-01-01

    In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of labour. Yet, it can also be proved that the existence of profits is equivalent to the ‘exploitation’ of any good. Labour and commodity exploitation are just different numerical representations of the productiveness of the economy. This paper presents an alternative approach to exploitation theory which is related to the New Interpretation (Duménil 1980; Foley 1982). In this a...

  12. Data Cubes Integration in Spatial OLAP for Agricultural Commodities

    Science.gov (United States)

    Putri, A. I.; Sitanggang, I. S.

    2017-03-01

    Ministry of Agriculture Indonesia collects data of agricultural commodities in Indonesia in the annual period. Agricultural commodities data include food crops, horticulture, plantations, and livestock. The data are available in the spreadsheet format. This study developed data cubes for food crops, plantations, and livestock using the galaxy schema of data warehouse and integrated the data cubes into the SOLAP Horticulture using SpagoBI. SOLAP is useful for data analysis and data visualization. The application displays agricultural commodities data in form of crosstab and chart. This study also developed the location intelligence module that visualizes agricultural commodities data on the map. The system was tested using the black box approach. The result showed that main functions including roll up, drill down, slice, dice, and pivot work properly. This application is expected to enable users to easily obtain data summaries of agricultural commodities.

  13. [Formation and evolution of commodity specification and grade of traditional Chinese medicine].

    Science.gov (United States)

    Li, Peng-Ying; Wang, Hai-Yang; Li, Jian; Zhan, Zhi-Lai; Yang, Guang

    2016-03-01

    As an important reference index to evaluate the quality of Chinese medicinal materials, the commodity specification and grade of traditional Chinese medicine has an effect on the medicinal material's price, can promote "high quality and high price" of the traditional Chinese medicine, prompt market transactions more convenient and standard, and has a great significance to the development of the whole traditional Chinese medicine industry. The formation of traditional Chinese medicine specifications and grades experienced a long historical development process. In order to provide the reference for modification of the product specifications and grades standards and management of traditional Chinese medicine products, the author consulted a large number of materia medica books and related references, sorted and analyzed the historical development process. The author divided the formation and development process into four stages, including germination stage before the Southern and Northern Dynasties, development stage of Tang and Song Dynasty, mature period of the Ming and Qing Dynasties and the inheritance development stage since the foundation of the People's Republic. The author believes that the clinical curative effect is the driving force to promote the development of commodity specifications and grades. In addition, the national pharmaceutical policy, international status, the level of science and technology also influence the development of commodity specifications and grades in some extents. Finally, the author provides three piece of suggestions for the modification of the product specifications and grades standards, according to the historical development rule. Copyright© by the Chinese Pharmaceutical Association.

  14. Managing the risks of disease transmission through trade: a commodities-based approach?

    Science.gov (United States)

    Brückner, G K

    2011-04-01

    Since its founding in 1924, the World Organisation for Animal Health (OIE) has facilitated safe trade in animals and animal products by developing effective standards to prevent the spread of animal diseases across the globe. A protocol for recognising the disease-free status of countries is an integral part of this process and has been adopted and advanced through the years to assist OIE Member Countries in placing disease-free animals and their products on the international market. Options such as trade from disease-free zones and disease-free compartments are now available to Members and have proven to be a positive mechanism for facilitating trade. A further option is trading in safe commodities, i.e. animals and animal products that have been identified as safe to trade even in the presence of disease, either with or without applying risk mitigation measures before export. Although most Members have incorporated the acceptance of disease-free countries or zones into their animal health policies and sanitary measures, there still appears to be a reluctance to trade in commodities from infected countries, despite clear, scientifically based risk management standards that can be applied if needed. This paper offers some examples reflecting the apparent reluctance to trade in commodities and discusses how the standards in the OIE's Terrestrial Animal Health Code could be used to apply scientifically based risk management practices to review outdated policies.

  15. 17 CFR 33.10 - Fraud in connection with commodity option transactions.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Fraud in connection with commodity option transactions. 33.10 Section 33.10 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION REGULATION OF DOMESTIC EXCHANGE-TRADED COMMODITY OPTION TRANSACTIONS § 33.10 Fraud in...

  16. 17 CFR 190.05 - Making and taking delivery on commodity contracts.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Making and taking delivery on commodity contracts. 190.05 Section 190.05 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION BANKRUPTCY § 190.05 Making and taking delivery on commodity contracts. (a) General. (1) In the...

  17. 22 CFR 201.44 - Vesting in USAID of title to commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Vesting in USAID of title to commodities. 201... APPLICABLE TO COMMODITY TRANSACTIONS FINANCED BY USAID General Provisions Relating to USAID Financing of Commodities and Commodity-Related Services § 201.44 Vesting in USAID of title to commodities. (a) Vesting upon...

  18. 22 CFR 201.42 - Reexport of USAID-financed commodities.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Reexport of USAID-financed commodities. 201.42... COMMODITY TRANSACTIONS FINANCED BY USAID General Provisions Relating to USAID Financing of Commodities and Commodity-Related Services § 201.42 Reexport of USAID-financed commodities. Unless specifically authorized...

  19. 17 CFR 37.4 - Election to trade excluded and exempt commodities.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Election to trade excluded and exempt commodities. 37.4 Section 37.4 Commodity and Securities Exchanges COMMODITY FUTURES TRADING... commodities. A board of trade that is or elects to become a registered derivatives transaction execution...

  20. OPEC and other commodity cartels: a comparison

    International Nuclear Information System (INIS)

    Alhajji, A.F.; Huettner, D.

    2000-01-01

    The economic literature provides specific characteristics for cartels. Although the theory of international cartels in not well developed in the literature, and every cartel is unique, some of these characteristics exist in each cartel. This study investigates the existence of these characteristics in six known commodity cartels including OPEC. In addition, it compares the oil companies' cartel, 'the Seven Sisters', to OPEC, and summarizes the findings of OPEC econometric models developed in the literature in the last 25 years and concludes that the results do not support cartel or competitive models for OPEC. Although other cartels are more successful than OPEC, many books and articles in economics use OPEC as a cartel example. Neither statistical tests nor theory support the popular use of OPEC as a cartel example. Indeed, this article concludes that OPEC is composed of Saudi Arabia, the dominant world producer, plus several distinct sub-groups and that separate models are required to explain the behavior of each. Assigning the power of some OPEC members to OPEC has caused confusion about its behavior. Recent OPEC success is attributed to political, natural, and technical capacity limitations in the oil fields that prevented countries from cheating on their quota. In other words, OPEC adherence to the quota, except for Saudi Arabia, is anything but voluntary. (author)

  1. Live HDR video streaming on commodity hardware

    Science.gov (United States)

    McNamee, Joshua; Hatchett, Jonathan; Debattista, Kurt; Chalmers, Alan

    2015-09-01

    High Dynamic Range (HDR) video provides a step change in viewing experience, for example the ability to clearly see the soccer ball when it is kicked from the shadow of the stadium into sunshine. To achieve the full potential of HDR video, so-called true HDR, it is crucial that all the dynamic range that was captured is delivered to the display device and tone mapping is confined only to the display. Furthermore, to ensure widespread uptake of HDR imaging, it should be low cost and available on commodity hardware. This paper describes an end-to-end HDR pipeline for capturing, encoding and streaming high-definition HDR video in real-time using off-the-shelf components. All the lighting that is captured by HDR-enabled consumer cameras is delivered via the pipeline to any display, including HDR displays and even mobile devices with minimum latency. The system thus provides an integrated HDR video pipeline that includes everything from capture to post-production, archival and storage, compression, transmission, and display.

  2. 17 CFR 155.6 - Trading standards for the transaction of business on registered derivatives transaction execution...

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Trading standards for the transaction of business on registered derivatives transaction execution facilities. 155.6 Section 155.6 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION TRADING STANDARDS § 155.6 Trading...

  3. Multiple pathways of commodity crop expansion in tropical forest landscapes

    Science.gov (United States)

    Meyfroidt, Patrick; Carlson, Kimberly M.; Fagan, Matthew E.; Gutiérrez-Vélez, Victor H.; Macedo, Marcia N.; Curran, Lisa M.; DeFries, Ruth S.; Dyer, George A.; Gibbs, Holly K.; Lambin, Eric F.; Morton, Douglas C.; Robiglio, Valentina

    2014-07-01

    Commodity crop expansion, for both global and domestic urban markets, follows multiple land change pathways entailing direct and indirect deforestation, and results in various social and environmental impacts. Here we compare six published case studies of rapid commodity crop expansion within forested tropical regions. Across cases, between 1.7% and 89.5% of new commodity cropland was sourced from forestlands. Four main factors controlled pathways of commodity crop expansion: (i) the availability of suitable forestland, which is determined by forest area, agroecological or accessibility constraints, and land use policies, (ii) economic and technical characteristics of agricultural systems, (iii) differences in constraints and strategies between small-scale and large-scale actors, and (iv) variable costs and benefits of forest clearing. When remaining forests were unsuitable for agriculture and/or policies restricted forest encroachment, a larger share of commodity crop expansion occurred by conversion of existing agricultural lands, and land use displacement was smaller. Expansion strategies of large-scale actors emerge from context-specific balances between the search for suitable lands; transaction costs or conflicts associated with expanding into forests or other state-owned lands versus smallholder lands; net benefits of forest clearing; and greater access to infrastructure in already-cleared lands. We propose five hypotheses to be tested in further studies: (i) land availability mediates expansion pathways and the likelihood that land use is displaced to distant, rather than to local places; (ii) use of already-cleared lands is favored when commodity crops require access to infrastructure; (iii) in proportion to total agricultural expansion, large-scale actors generate more clearing of mature forests than smallholders; (iv) property rights and land tenure security influence the actors participating in commodity crop expansion, the form of land use displacement

  4. 77 FR 7138 - Public Availability of Commodity Futures Trading Commission FY 2011 Service Contract Inventory

    Science.gov (United States)

    2012-02-10

    ... From the Federal Register Online via the Government Publishing Office COMMODITY FUTURES TRADING COMMISSION Public Availability of Commodity Futures Trading Commission FY 2011 Service Contract Inventory AGENCY: Commodity Futures Trading Commission. ACTION: Notice of Public Availability of FY 2011 Service...

  5. A Marketing Approach to Commodity Futures Exchanges : A Case Study of the Dutch Hog Industry

    NARCIS (Netherlands)

    Meulenberg, M.T.G.; Pennings, J.M.E.

    2002-01-01

    This paper proposes a marketing strategic approach to commodity futures exchanges to optimise the (hedging) services offered. First, the environment of commodity futures exchanges is examined. Second, the threats and opportunities of commodity futures exchanges are analysed. Our analysis

  6. Towards microalgal triglycerides in the commodity markets.

    Science.gov (United States)

    Benvenuti, Giulia; Ruiz, Jesús; Lamers, Packo P; Bosma, Rouke; Wijffels, René H; Barbosa, Maria J

    2017-01-01

    Microalgal triglycerides (TAGs) hold great promise as sustainable feedstock for commodity industries. However, to determine research priorities and support business decisions, solid techno-economic studies are essential. Here, we present a techno-economic analysis of two-step TAG production (growth reactors are operated in continuous mode such that multiple batch-operated stress reactors are inoculated and harvested sequentially) for a 100-ha plant in southern Spain using vertically stacked tubular photobioreactors. The base case is established with outdoor pilot-scale data and based on current process technology. For the base case, production costs of 6.7 € per kg of biomass containing 24% TAG (w/w) were found. Several scenarios with reduced production costs were then presented based on the latest biological and technological advances. For instance, much effort should focus on increasing the photosynthetic efficiency during the stress and growth phases, as this is the most influential parameter on production costs (30 and 14% cost reduction from base case). Next, biological and technological solutions should be implemented for a reduction in cooling requirements (10 and 4.5% cost reduction from base case when active cooling is avoided and cooling setpoint is increased, respectively). When implementing all the suggested improvements, production costs can be decreased to 3.3 € per kg of biomass containing 60% TAG (w/w) within the next 8 years. With our techno-economic analysis, we indicated a roadmap for a substantial cost reduction. However, microalgal TAGs are not yet cost efficient when compared to their present market value. Cost-competiveness strictly relies on the valorization of the whole biomass components and on cheaper PBR designs (e.g. plastic film flat panels). In particular, further research should focus on the development and commercialization of PBRs where active cooling is avoided and stable operating temperatures are maintained by the water

  7. Is health care a right or a commodity? Implementing mental health reform in a recession.

    Science.gov (United States)

    Aggarwal, Neil Krishan; Rowe, Michael; Sernyak, Michael A

    2010-11-01

    The Patient Protection and Affordable Care Act, signed into law by President Obama in March 2010, contains elements of two seemingly contradictory positions: health care as a commodity and as a right. The commodity argument posits that the marketplace should govern demand, supply, and costs of care. The law's establishment of state insurance exchanges reflects this position. The argument that health care is a right posits that it is a need, not a choice, and that government should regulate care standards that may be compromised as insurers attempt to minimize costs. The law's requirement for coverage of mental and substance use disorders reflects this position. This Open Forum examines these arguments in light of current state fiscal crises and impending reforms. Despite the federal government's interest in expanding prevention and treatment of mental illness, states may demonstrate varying levels of commitment, based in part on their perception of health care as a right or a commodity. The federal government should outline clear performance standards, with minimum services specified to maximize state commitments to services.

  8. AN EVALUATION OF FOOD COMMODITY PROCUREMENT STRATEGIES: INSIGHTS FROM CASE STUDIES

    OpenAIRE

    Jones, Kraig M.

    2003-01-01

    This research focuses on evaluating the main characteristics that are considered in commodity procurement decisions used by food manufacturers. The research contributes to the literature by filling a gap in both the commodity and procurement literature. There is a large literature on commodity selling, but very little on commodity procurement. Further, much of the literature on procurement focuses on non-commodity products, not commodity products. A case study approach was used to determine t...

  9. Value chain management for commodities: a case study from the chemical industry

    DEFF Research Database (Denmark)

    Kannegiesser, M.; Gunther, H.O.; van Beek, P.

    2009-01-01

    quantity, price and supply decisions throughout the value chain. A two-phase optimization approach supports robust planning ensuring minimum profitability even in case of worst-case spot sales price scenarios. Model evaluations with industry case data demonstrate the impact of elasticities, variable raw......We present a planning model for chemical commodities related to an industry case. Commodities are standard chemicals characterized by sales and supply volatility in volume and value. Increasing and volatile prices of crude oil-dependent raw materials require coordination of sales and supply...... decisions by volume and value throughout the value chain to ensure profitability. Contract and spot demand differentiation with volatile and uncertain spot prices, spot sales quantity flexibility, spot sales price-quantity functions and variable raw material consumption rates in production are problem...

  10. Duurzaamheid en grondstoffen voor diervoeding = Sustainability and feed commodity production

    NARCIS (Netherlands)

    Gosselink, J.M.J.; Bindraban, P.S.; Bos, J.F.F.P.

    2010-01-01

    This study creates a preliminary framework to judge the sustainability of production of agricultural commodities for the purpose of animal nutrition. Criteria are selected according to the economic, societal and ecological dimensions of sustainability.

  11. Truck freight commodity flows : US 395 North of Spokane Washington,

    Science.gov (United States)

    2014-10-01

    The search for understanding of commodity flows throughout the nation and the State of : Washington is a continual process. This understanding is critical at many levels of the : transportation industry and to those firms and entities that provide th...

  12. A dataset on tail risk of commodities markets.

    Science.gov (United States)

    Powell, Robert J; Vo, Duc H; Pham, Thach N; Singh, Abhay K

    2017-12-01

    This article contains the datasets related to the research article "The long and short of commodity tails and their relationship to Asian equity markets"(Powell et al., 2017) [1]. The datasets contain the daily prices (and price movements) of 24 different commodities decomposed from the S&P GSCI index and the daily prices (and price movements) of three share market indices including World, Asia, and South East Asia for the period 2004-2015. Then, the dataset is divided into annual periods, showing the worst 5% of price movements for each year. The datasets are convenient to examine the tail risk of different commodities as measured by Conditional Value at Risk (CVaR) as well as their changes over periods. The datasets can also be used to investigate the association between commodity markets and share markets.

  13. Contribution of polymer physics to commodity plastics with added value

    Czech Academy of Sciences Publication Activity Database

    Raab, Miroslav; Kotek, Jiří

    2005-01-01

    Roč. 26, č. 4 (2005), s. 172-175 ISSN 0351-1871 Institutional research plan: CEZ:AV0Z40500505 Keywords : commodity plastics * new polymeric materials * polymer physics Subject RIV: CD - Macromolecular Chemistry

  14. Methyl Bromide Commodity Fumigation Buffer Zone Lookup Tables

    Science.gov (United States)

    Product labels for methyl bromide used in commodity and structural fumigation include requirements for buffer zones around treated areas. The information on this page will allow you to find the appropriate buffer zone for your planned application.

  15. Modeling Multi-commodity Trade Information Exchange Methods

    CERN Document Server

    Traczyk, Tomasz

    2012-01-01

    Market mechanisms are entering into new fields of economy, in which some constraints of physical world, e.g. Kirchoffs Law in power grid, must be taken into account during trading. On such markets, some of commodities, like telecommunication bandwidth or electrical energy, appear to be non-storable, and must be exchanged in real-time. On the other hand, the markets tend to react at shortest possible time, so an idea to delegate some competency to autonomous software agents is very attractive. Multi-commodity mechanism addresses the aforementioned requirements. Modeling the relationships between the commodities allows to formulate new, more sophisticated models and mechanisms, which reflect decision situations in a better manner. Application of multi-commodity approach requires solving several issues related to data modeling, communication, semantics aspects of communication, reliability, etc. This book answers some of the questions and points out promising paths for implementation and development. Presented s...

  16. Delay discounting of different commodities II: confirmatory analyses.

    Science.gov (United States)

    Weatherly, Jeffrey N; Terrell, Heather K

    2011-01-01

    Delay discounting occurs when individuals are increasingly willing to accept less than the full amount of something to receive it immediately as the delay to the full amount increases. Previous research has reported different "domains" of commodities, with discounting in one domain not being informative about discounting in another. In the present study, 283 participants completed a delay-discounting task with 1 of 2 sets of 5 commodities identical to those used in previous research (Weatherly, Terrell, & Derenne, 2010). Confirmatory factor analyses determined that the observed discounting conformed to previously reported domains. Also replicated was finding that discounting differs both as a function of commodity and how the commodity is framed. These results provide strong support for the idea that temporal decisions made about certain consequences may not necessarily be informative about how an individual will make decisions about other consequences. Also, the framing of the decision can significantly influence observed levels of discounting, potentially clouding interpretation.

  17. DESIGNING GREEN SUPPORT: INCENTIVE COMPATIBILITY AND THE COMMODITY PROGRAMS

    OpenAIRE

    Runge, C. Ford

    1994-01-01

    The purpose of this brief analysis is to consider the potential points of contact between a program of "green support" and the existing commodity programs in U.S. agriculture. These points of contact may take the form of conflict, complementarity, or neutrality. We shall assume initially that green support is "added" to the programs as they exist in 1994. Five main commodity program areas are considered: A. Deficiency payments resulting from the loan rate/target price structure B. Acreage red...

  18. Statistical microeconomics and commodity prices: theory and empirical results.

    Science.gov (United States)

    Baaquie, Belal E

    2016-01-13

    A review is made of the statistical generalization of microeconomics by Baaquie (Baaquie 2013 Phys. A 392, 4400-4416. (doi:10.1016/j.physa.2013.05.008)), where the market price of every traded commodity, at each instant of time, is considered to be an independent random variable. The dynamics of commodity market prices is given by the unequal time correlation function and is modelled by the Feynman path integral based on an action functional. The correlation functions of the model are defined using the path integral. The existence of the action functional for commodity prices that was postulated to exist in Baaquie (Baaquie 2013 Phys. A 392, 4400-4416. (doi:10.1016/j.physa.2013.05.008)) has been empirically ascertained in Baaquie et al. (Baaquie et al. 2015 Phys. A 428, 19-37. (doi:10.1016/j.physa.2015.02.030)). The model's action functionals for different commodities has been empirically determined and calibrated using the unequal time correlation functions of the market commodity prices using a perturbation expansion (Baaquie et al. 2015 Phys. A 428, 19-37. (doi:10.1016/j.physa.2015.02.030)). Nine commodities drawn from the energy, metal and grain sectors are empirically studied and their auto-correlation for up to 300 days is described by the model to an accuracy of R(2)>0.90-using only six parameters. © 2015 The Author(s).

  19. Portfolio Diversification with Commodities in Times of Financialization

    Directory of Open Access Journals (Sweden)

    Adam Zaremba

    2015-03-01

    Full Text Available The study concentrates on the benefits of passive commodity investments in the context of the phenomenon of financialization. The research investigates the implications of increase in the correlation coefficients between equity and commodity investments for investors in financial markets. The paper is composed of several parts. First, the attributes of commodity investments and their benefits in the portfolio optimization are explored. Second, the phenomenon of the financialization is described and the research hypothesis is developed. Next, an empirical analysis is performed. I simulate the mean-variance spanning tests to examine the benefits of commodity investments before and after accounting for the impact of financialization. I proceed separate analysis for pre- and post-financialization period. The empirical research is based on asset classes’ returns and other related variables from years 1991-2012. The performed investigations indicate that the market financialization may have significant implications for commodity investors. Due to increase in correlation coefficients, the inclusion of the commodity futures in the traditional stock-bond portfolio appears to be no longer reasonable.

  20. Regulations in the commodity trading sector: should the commodity trading industry in Switzerland be more regulated and, if so, how ?

    OpenAIRE

    Volchkov, Nikola; Lewis, Brian

    2017-01-01

    Commodity trading is a sector which is essential to our development and prosperity as well as economic growth. It is relatively unknown and perceived differently depending on the viewpoint of the observer. Many think of the exploitation of resources in resource rich countries, others only of the transport of goods from producers to consumers and others focus on “speculation” and its association with financial markets which can create risk. Given the importance of commodity trading across the ...

  1. Single- and cross-commodity discounting among cocaine addicts: the commodity and its temporal location determine discounting rate.

    Science.gov (United States)

    Bickel, Warren K; Landes, Reid D; Christensen, Darren R; Jackson, Lisa; Jones, Bryan A; Kurth-Nelson, Zeb; Redish, A David

    2011-09-01

    Intertemporal choice has provided important insights into understanding addiction, predicted drug-dependence status, and outcomes of treatment interventions. However, such analyses have largely been based on the choice of a single commodity available either immediately or later (e.g., money now vs. money later). In real life, important choices for those with addiction depend on making decisions across commodities, such as between drug and non-drug reinforcers. To date, no published study has systematically evaluated intertemporal choice using all combinations of a drug and a non-drug commodity. In this study, we examine the interaction between intertemporal choice and commodity type in the decision-making process of cocaine-dependent individuals. This study of 47 treatment-seeking cocaine addicts analyzes intertemporal choices of two commodities (equated amounts of cocaine and money), specifically between cocaine now vs. cocaine later (C-C), money now vs. money later (M-M), cocaine now vs. money later (C-M), and money now vs. cocaine later (M-C). Cocaine addicts discounted significantly more in the C-C condition than in M-M (P = 0.032), consistent with previous reports. Importantly, the two cross-commodity discounting conditions produced different results. Discounting in C-M was intermediate to the C-C and M-M rates, while the greatest degree of discounting occurred in M-C. These data indicate that the menu of commodities offered alter discounting rates in intertemporal choice and that the greatest rate is obtained when the drug is the later available commodity. Implications for understanding intertemporal choices and addiction are addressed.

  2. 75 FR 65586 - Agricultural Commodity Definition

    Science.gov (United States)

    2010-10-26

    ... purposes of the CEA or CFTC regulations. This notice reviews the statutory and regulatory history of the...) imposing clearing and trade execution requirements on standardized derivative products; (3) creating robust... purposes of the CEA or CFTC regulations. This notice reviews the statutory and regulatory history of the...

  3. Budget Constraints Affect Male Rats’ Choices between Differently Priced Commodities

    Science.gov (United States)

    Kalenscher, Tobias

    2015-01-01

    Demand theory can be applied to analyse how a human or animal consumer changes her selection of commodities within a certain budget in response to changes in price of those commodities. This change in consumption assessed over a range of prices is defined as demand elasticity. Previously, income-compensated and income-uncompensated price changes have been investigated using human and animal consumers, as demand theory predicts different elasticities for both conditions. However, in these studies, demand elasticity was only evaluated over the entirety of choices made from a budget. As compensating budgets changes the number of attainable commodities relative to uncompensated conditions, and thus the number of choices, it remained unclear whether budget compensation has a trivial effect on demand elasticity by simply sampling from a different total number of choices or has a direct effect on consumers’ sequential choice structure. If the budget context independently changes choices between commodities over and above price effects, this should become apparent when demand elasticity is assessed over choice sets of any reasonable size that are matched in choice opportunities between budget conditions. To gain more detailed insight in the sequential choice dynamics underlying differences in demand elasticity between budget conditions, we trained N=8 rat consumers to spend a daily budget by making a number of nosepokes to obtain two liquid commodities under different price regimes, in sessions with and without budget compensation. We confirmed that demand elasticity for both commodities differed between compensated and uncompensated budget conditions, also when the number of choices considered was matched, and showed that these elasticity differences emerge early in the sessions. These differences in demand elasticity were driven by a higher choice rate and an increased reselection bias for the preferred commodity in compensated compared to uncompensated budget

  4. Budget Constraints Affect Male Rats' Choices between Differently Priced Commodities.

    Directory of Open Access Journals (Sweden)

    Marijn van Wingerden

    Full Text Available Demand theory can be applied to analyse how a human or animal consumer changes her selection of commodities within a certain budget in response to changes in price of those commodities. This change in consumption assessed over a range of prices is defined as demand elasticity. Previously, income-compensated and income-uncompensated price changes have been investigated using human and animal consumers, as demand theory predicts different elasticities for both conditions. However, in these studies, demand elasticity was only evaluated over the entirety of choices made from a budget. As compensating budgets changes the number of attainable commodities relative to uncompensated conditions, and thus the number of choices, it remained unclear whether budget compensation has a trivial effect on demand elasticity by simply sampling from a different total number of choices or has a direct effect on consumers' sequential choice structure. If the budget context independently changes choices between commodities over and above price effects, this should become apparent when demand elasticity is assessed over choice sets of any reasonable size that are matched in choice opportunities between budget conditions. To gain more detailed insight in the sequential choice dynamics underlying differences in demand elasticity between budget conditions, we trained N=8 rat consumers to spend a daily budget by making a number of nosepokes to obtain two liquid commodities under different price regimes, in sessions with and without budget compensation. We confirmed that demand elasticity for both commodities differed between compensated and uncompensated budget conditions, also when the number of choices considered was matched, and showed that these elasticity differences emerge early in the sessions. These differences in demand elasticity were driven by a higher choice rate and an increased reselection bias for the preferred commodity in compensated compared to

  5. Budget Constraints Affect Male Rats' Choices between Differently Priced Commodities.

    Science.gov (United States)

    van Wingerden, Marijn; Marx, Christine; Kalenscher, Tobias

    2015-01-01

    Demand theory can be applied to analyse how a human or animal consumer changes her selection of commodities within a certain budget in response to changes in price of those commodities. This change in consumption assessed over a range of prices is defined as demand elasticity. Previously, income-compensated and income-uncompensated price changes have been investigated using human and animal consumers, as demand theory predicts different elasticities for both conditions. However, in these studies, demand elasticity was only evaluated over the entirety of choices made from a budget. As compensating budgets changes the number of attainable commodities relative to uncompensated conditions, and thus the number of choices, it remained unclear whether budget compensation has a trivial effect on demand elasticity by simply sampling from a different total number of choices or has a direct effect on consumers' sequential choice structure. If the budget context independently changes choices between commodities over and above price effects, this should become apparent when demand elasticity is assessed over choice sets of any reasonable size that are matched in choice opportunities between budget conditions. To gain more detailed insight in the sequential choice dynamics underlying differences in demand elasticity between budget conditions, we trained N=8 rat consumers to spend a daily budget by making a number of nosepokes to obtain two liquid commodities under different price regimes, in sessions with and without budget compensation. We confirmed that demand elasticity for both commodities differed between compensated and uncompensated budget conditions, also when the number of choices considered was matched, and showed that these elasticity differences emerge early in the sessions. These differences in demand elasticity were driven by a higher choice rate and an increased reselection bias for the preferred commodity in compensated compared to uncompensated budget conditions

  6. World oil and agricultural commodity prices: Evidence from nonlinear causality

    International Nuclear Information System (INIS)

    Nazlioglu, Saban

    2011-01-01

    The increasing co-movements between the world oil and agricultural commodity prices have renewed interest in determining price transmission from oil prices to those of agricultural commodities. This study extends the literature on the oil-agricultural commodity prices nexus, which particularly concentrates on nonlinear causal relationships between the world oil and three key agricultural commodity prices (corn, soybeans, and wheat). To this end, the linear causality approach of Toda-Yamamoto and the nonparametric causality method of Diks-Panchenko are applied to the weekly data spanning from 1994 to 2010. The linear causality analysis indicates that the oil prices and the agricultural commodity prices do not influence each other, which supports evidence on the neutrality hypothesis. In contrast, the nonlinear causality analysis shows that: (i) there are nonlinear feedbacks between the oil and the agricultural prices, and (ii) there is a persistent unidirectional nonlinear causality running from the oil prices to the corn and to the soybeans prices. The findings from the nonlinear causality analysis therefore provide clues for better understanding the recent dynamics of the agricultural commodity prices and some policy implications for policy makers, farmers, and global investors. This study also suggests the directions for future studies. - Research highlights: → This study determines the price transmission mechanisms between the world oil and three key agricultural commodity prices (corn, soybeans, and wheat). → The linear and nonlinear cointegration and causality methods are carried out. → The linear causality analysis supports evidence on the neutrality hypothesis. → The nonlinear causality analysis shows that there is a persistent unidirectional causality from the oil prices to the corn and to the soybeans prices.

  7. 7 CFR 917.35 - Powers and duties of each commodity committee.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 8 2010-01-01 2010-01-01 false Powers and duties of each commodity committee. 917.35... duties of each commodity committee. Each commodity committee shall have the following powers and duties..., That the Peach and Pear Commodity Committee shall each approve actions under § 917.39 and make said...

  8. 22 CFR 201.68 - Maximum prices for commodity-related services.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Maximum prices for commodity-related services... APPLICABLE TO COMMODITY TRANSACTIONS FINANCED BY USAID Price Provisions § 201.68 Maximum prices for commodity-related services. (a) The price for an USAID-financed commodity-related service, other than ocean or air...

  9. 7 CFR 17.5 - Contracts between commodity suppliers and importers.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 1 2010-01-01 2010-01-01 false Contracts between commodity suppliers and importers... COMMODITIES MADE AVAILABLE UNDER TITLE I OF THE AGRICULTURAL TRADE DEVELOPMENT AND ASSISTANCE ACT OF 1954, AS AMENDED § 17.5 Contracts between commodity suppliers and importers. (a) Commodity suppliers and selling...

  10. 7 CFR 1499.11 - Use of commodities and sale proceeds.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Use of commodities and sale proceeds. 1499.11 Section 1499.11 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY CREDIT....11 Use of commodities and sale proceeds. (a) A participant must use the donated commodities in...

  11. 7 CFR 247.10 - Distribution and use of CSFP commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Distribution and use of CSFP commodities. 247.10... SERVICE, DEPARTMENT OF AGRICULTURE CHILD NUTRITION PROGRAMS COMMODITY SUPPLEMENTAL FOOD PROGRAM § 247.10 Distribution and use of CSFP commodities. (a) What are the requirements for distributing CSFP commodities to...

  12. 29 CFR 780.116 - Commodities included by reference to the Agricultural Marketing Act.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 3 2010-07-01 2010-07-01 false Commodities included by reference to the Agricultural... REGULATIONS EXEMPTIONS APPLICABLE TO AGRICULTURE, PROCESSING OF AGRICULTURAL COMMODITIES, AND RELATED SUBJECTS... Commodities § 780.116 Commodities included by reference to the Agricultural Marketing Act. (a) Section 3(f...

  13. 7 CFR 1499.9 - Damage to or loss of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Damage to or loss of commodities. 1499.9 Section 1499.9 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY CREDIT CORPORATION... or loss of commodities. (a) FAS will be responsible for the donated commodities prior to the transfer...

  14. 44 CFR 402.3 - Addition of commodities to the Positive List.

    Science.gov (United States)

    2010-10-01

    ... 44 Emergency Management and Assistance 1 2010-10-01 2010-10-01 false Addition of commodities to... commodities to the Positive List. Order T-1 applies to the transportation or discharge of commodities which are restricted at the time of transportation or discharge. Accordingly, if a commodity is added to the...

  15. 7 CFR 1599.9 - Damage to or loss of commodities.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Damage to or loss of commodities. 1599.9 Section 1599... Damage to or loss of commodities. (a) FAS will be responsible for the donated commodities prior to the transfer of title to the commodities to the participant. The participant will be responsible for the...

  16. COMPETITIVENESS OF LEADING COMMODITIES TO SUPPORT DEVELOPING REGION OF AGROTOURISM

    Directory of Open Access Journals (Sweden)

    Murwatiningsih Murwatiningsih

    2013-10-01

    Full Text Available AbstractThe aim of the research is to seek the competitiveness of the leading commodity in Semarang city which supports the development of centre commodity in agrotourism area. The method of analysis is leading sector, scoring analysis and capacity asessment through FGD. The result of the research reveals that leading commodities are Durian, Longan, Water Apple, and Rambutan. It is found that subdistrict Gunungpati and Mangunsari are ready to be the centre of horticulture commodity because its strategic location. It is located nearby Jatibarang reservoir (potential to be a tourism village, its cultivation is relatively successful, accessable transportation, and good management. Hence, it can be the pilot project area.Key words: competitiveness, centre, commodity, horticultureJEL Classification: O20, Q10AbstrakKesejahteraan petani tidak meningkat karena daya saingnya rendah dan pengelolannya tidak optimal. Tujuan penelitian, untuk melihat daya saing komoditas unggulan Kota Semarang untuk mendukung pengembangan sentra komoditas di kawasan agrowisata. Metode analisis yaitu sektor basis, analisis scoring serta capacity assessment melalui FGD. Hasil penelitian menunjukkan komoditas yang diunggulkan di Gunungpati adalah durian, klengkeng, jambu air dan rambutan. Kelurahan Gunungpati dan Mangunsari siap dijadikan sentra komoditas hortikultura di Kecamatan Gunungpati karena letaknya strategis- dekat dengan waduk Jatibarang (dapat menjadi desa wisata, budidaya relatif lebih berhasil, transportasi dan akseptibilitas lebih mudah, pengelolaannya bagus sehingga sudah menjadi daerah percontohan.Kata Kunci: daya saing, sentra, komoditas, hortikulturJEL Classification: O20, Q10

  17. Assessment of the safety of aquatic animal commodities for international trade: the OIE Aquatic Animal Health code.

    Science.gov (United States)

    Oidtmann, B; Johnston, C; Klotins, K; Mylrea, G; Van, P T; Cabot, S; Martin, P Rosado; Ababouch, L; Berthe, F

    2013-02-01

    Trading of aquatic animals and aquatic animal products has become increasingly globalized during the last couple of decades. This commodity trade has increased the risk for the spread of aquatic animal pathogens. The World Organisation for Animal Health (OIE) is recognized as the international standard-setting organization for measures relating to international trade in animals and animal products. In this role, OIE has developed the Aquatic Animal Health Code, which provides health measures to be used by competent authorities of importing and exporting countries to avoid the transfer of agents pathogenic for animals or humans, whilst avoiding unjustified sanitary barriers. An OIE ad hoc group developed criteria for assessing the safety of aquatic animals or aquatic animal products for any purpose from a country, zone or compartment not declared free from a given disease 'X'. The criteria were based on the absence of the pathogenic agent in the traded commodity or inactivation of the pathogenic agent by the commercial processing used to produce the commodity. The group also developed criteria to assess the safety of aquatic animals or aquatic animal products for retail trade for human consumption from potentially infected areas. Such commodities were assessed considering the form and presentation of the product, the expected volume of waste tissues generated by the consumer and the likely presence of viable pathogenic agent in the waste. The ad hoc group applied the criteria to commodities listed in the individual disease chapters of the Aquatic Animal Health Code (2008 edition). Revised lists of commodities for which no additional measures should be required by the importing countries regardless of the status for disease X of the exporting country were developed and adopted by the OIE World Assembly of Delegates in May 2011. The rationale of the criteria and their application will be explained and demonstrated using examples. © 2012 Crown Copyright. Reproduced

  18. A self-organising model of market with single commodity

    Science.gov (United States)

    Chakraborti, Anirban; Pradhan, Srutarshi; Chakrabarti, Bikas K.

    2001-08-01

    We have studied here the self-organising features of the dynamics of a model market, where the agents ‘trade’ for a single commodity with their money. The model market consists of fixed numbers of economic agents, money supply and commodity. We demonstrate that the model, apart from showing a self-organising behaviour, indicates a crucial role for the money supply in the market and also its self-organising behaviour is seen to be significantly affected when the money supply becomes less than the optimum. We also observed that this optimal money supply level of the market depends on the amount of ‘frustration’ or scarcity in the commodity market.

  19. Reciprocal Trading of Different Commodities in Norway Rats.

    Science.gov (United States)

    Schweinfurth, Manon K; Taborsky, Michael

    2018-02-19

    The prevalence of reciprocal cooperation in non-human animals is hotly debated [1, 2]. Part of this dispute rests on the assumption that reciprocity means paying like with like [3]. However, exchanges between social partners may involve different commodities and services. Hitherto, there is no experimental evidence that animals other than primates exchange different commodities among conspecifics based on the decision rules of direct reciprocity. Here, we show that Norway rats (Rattus norvegicus) apply direct reciprocity rules when exchanging two different social services: food provisioning and allogrooming. Focal rats were made to experience partners either cooperating or non-cooperating in one of the two commodities. Afterward, they had the opportunity to reciprocate favors by the alternative service. Test rats traded allogrooming against food provisioning, and vice versa, thereby acting by the rules of direct reciprocity. This might indicate that reciprocal altruism among non-human animals is much more widespread than currently assumed. Copyright © 2018 Elsevier Ltd. All rights reserved.

  20. Historical global statistics for mineral and material commodities

    Science.gov (United States)

    Matos, Grecia R.; Miller, Lisa D.; Barry, James J.; Matos, Grecia R.

    2015-01-01

    The U.S. Geological Survey (USGS) provides information on the current use and flow of minerals and mineral-based materials in the U.S. and world economies. This Data Series report on “Historical Global Statistics for Mineral and Material Commodities” contains information on the production of selected commodities from 1990 to the most current year. The data may be used in the analysis of socioeconomic developments and trends and in the study of environmental issues associated with the extraction and processing of the selected commodities.

  1. Commodity Alliance Model – An Option for Advancing Private and ...

    African Journals Online (AJOL)

    The lessons culminated in an innovative private extension model where independent extension agency brokers an effective production and marketing environment for income yielding commodities. Based on the lessons learnt from selected projects, the Farm and Infrastructure Foundation (FIF) has packaged a strengthened ...

  2. Complexities in moving from commodity to vehicular flows

    CSIR Research Space (South Africa)

    Joubert, JW

    2013-07-01

    Full Text Available different agents can be added to the transport model’s commuter population. Shipper agents are those wanting to convey goods (commodity perspective), and assign the shipments in a market-environment to logistic service providers and, ultimately, Carriers...

  3. Making the most of commodities | IDRC - International Development ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2014-04-10

    Apr 10, 2014 ... In the mining and energy sectors, opportunities lie with those supplying industrial inputs. South American economies have also experienced a commodities boom in recent decades, fueling concerns that this resource-driven growth is not sustainable. A recently launched effort, led by the Mercosur Economic ...

  4. The Financial Industry's Challenge of Developing Commodity Derivatives

    NARCIS (Netherlands)

    Pennings, J.M.E.; Meulenberg, M.T.G.

    1999-01-01

    With a constant new stream of financial services coming to the market, each often more exotic and complicated than the last, the financial services industry, which includes commodity derivatives exchanges, brokerage houses and banks providing price risk reduction services (the so-called hedging

  5. REVIEW OF CONTROL OPTIONS FOR METHYL BROMIDE IN COMMODITY TREATMENT

    Science.gov (United States)

    The report describes recent developments in the control of methyl bromide (MeBr) and discusses technical considerations and requirements for and economic feasibility of recovery. (NOTE: MeBr, fumigant for agricultural commodities, is an ozone depleting chemical. The U.S. EPA has ...

  6. Proposal for a lean commodity management process for the South ...

    African Journals Online (AJOL)

    new and innovative ways to achieve effective supply support to their customers. A look at international trends and what other organisations are doing, presents supply support options that will help in formulating an effective commodity management process. The survey, although not an exhaustive benchmarking exercise, ...

  7. Assessment of Infrastructure and Commodity Supply in Nigeria ...

    African Journals Online (AJOL)

    The Government of Nigeria provides health infrastructure, equipment and essential commodities to government owned health facilities, with the exclusion of private health facilities. This study assessed the privately owned health care services provisions, with regard to service delivery rooms / area, utilities, equipment and ...

  8. New Commodity Services System increases gas bill for clients

    International Nuclear Information System (INIS)

    Koevoet, H.

    2003-01-01

    The Dutch company Gasunie Trade and Supply will replace the Commodity Services System (CDS, abbreviated in Dutch) January 1, 2004. This will result in a higher gas bill for almost all their clients that are expected to use more than 1 million m 3 natural gas per year. An overview is given of the principles of the old and the new pricing system [nl

  9. 22 CFR 201.63 - Maximum prices for commodities.

    Science.gov (United States)

    2010-04-01

    ... not exceed the market price prevailing in comparable domestic sales in the United States at the time... 201.63 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT RULES AND PROCEDURES APPLICABLE TO.... prevailing market price—U.S. source. The purchase price for a commodity, the source of which is the United...

  10. Our Cyberbodies, Ourselves: Conceptual Grounds for Teaching Commodities To Write.

    Science.gov (United States)

    Harrison, Stanley D.

    2002-01-01

    Argues for a pedagogy of the posthuman that meets the needs of student writers in computer classrooms. Suggests that educators now fail to serve the needs of posthuman students whose subjectivities emerge at the conjuncture of consumer culture and cyberspace and emerge as commodities. Proposes that critically oriented compositionists should design…

  11. 7 CFR 1425.17 - Eligible commodity and pooling.

    Science.gov (United States)

    2010-01-01

    ... to generally accepted accounting principles. (l) A CMA shall not apply marketing losses from a..., DEPARTMENT OF AGRICULTURE LOANS, PURCHASES, AND OTHER OPERATIONS COOPERATIVE MARKETING ASSOCIATIONS § 1425.17... marketing proceeds from the commodity in accordance with § 1425.18; and (5) Members agreed to accept a...

  12. proposal for a lean commodity management process for the south

    African Journals Online (AJOL)

    Administrator

    enhance the supply support activities carried out by CMs. A combination of approved recommendations promises to lead to the formulation of an effective commodity management process that will enhance end-user service delivery, utilising fewer funds and with a reduced staff requirement. Scientia Militaria, South African ...

  13. Price formation and transmission along the food commodity chain

    Directory of Open Access Journals (Sweden)

    Ivana Blažková

    2012-01-01

    Full Text Available The article is focused on analysis of price transmission along the wheat commodity chain in the Czech Republic, with the distinction on wheat products with low value added (wheat flour, respectively high value added (wheat rolls. The degree of vertical price transmission is measured to identify potential market failures, because asymmetric price transmission can be the result of existence of market power within the food commodity chain. The data basis is made up from monthly prices on partial markets of the analyzed commodity chain published by Czech Statistical Office and Ministry of Agriculture of the Czech Republic. The monitored time period is from January 2000 till October 2009. The analysis is based on calculation of the price transmission elasticity coefficient (evaluation of price transmission along the chain and the intensity of dependency of positive and negative inter-market price differences (evaluation whether positive or negative price changes are better transmitted among particular vertical markets. Time lag is tested as well. The assessment of price transmission along the wheat commodity chain confirmed the existence of market power especially on the retail stage and low impact of price changes of farm prices on final consumer food prices.

  14. Toward Improved Market Access for ASEAN Agricultural Commodities

    International Development Research Centre (IDRC) Digital Library (Canada)

    This project will establish an ASEAN-wide network to provide plant health and safety services to participating countries. An independent ... Reports. Towards improved market access for ASEAN agricultural commodities : project inception meeting report, Palm Garden Hotel, Putrajaya, Malaysia, 23rd to 26th March 2010.

  15. Commodity Tracker: Mobile Application for Food Security Monitoring in Haiti

    Science.gov (United States)

    Chiu, M. T.; Huang, X.; Baird, J.; Gourley, J. R.; Morelli, R.; de Lanerolle, T. R.; Haiti Food Security Monitoring Mobile App Team

    2011-12-01

    Megan Chiu, Jason Baird, Xu Huang, Trishan de Lanerolle, Ralph Morelli, Jonathan Gourley Trinity College, Computer Science Department and Environmental Science Program, 300 Summit Street, Hartford, CT 06106 megan.chiu@trincoll.edu, Jason.baird@trincoll.edu, xu.huang@trincoll.edu, trishan.delanerolle@trincoll.edu, ralph.morelli@trincoll.edu, jonathan.gourley@trincoll.edu Price data for Haiti commodities such as rice and potatoes have been traditionally recorded by hand on paper forms for many years. The information is then entered onto computer manually, thus making the process a long and arduous one. With the development of the Haiti Commodity Tracker mobile app, we are able to make this commodity price data recording process more efficient. Officials may use this information for making inferences about the difference in commodity prices and for food distribution during critical time after natural disasters. This information can also be utilized by governments and aid agencies on their food assistance programs. Agronomists record the item prices from several sample sites in a marketplace and compare those results from other markets across the region. Due to limited connectivity in rural areas, data is first saved to the phone's database and then retransmitted to a central server via SMS messaging. The mobile app is currently being field tested by an international NGO providing agricultural aid and support in rural Haiti.

  16. 17 CFR 37.3 - Requirements for underlying commodities.

    Science.gov (United States)

    2010-04-01

    ... DERIVATIVES TRANSACTION EXECUTION FACILITIES § 37.3 Requirements for underlying commodities. (a) Trading... that are a security futures product, and the registered derivatives transaction execution facility is a... which the Commission has determined, based on the market characteristics and surveillance history, and...

  17. 75 FR 67258 - Position Reports for Physical Commodity Swaps

    Science.gov (United States)

    2010-11-02

    ... recently were largely unregulated financial contracts. The Commission's proposal would require position... COMMODITY FUTURES TRADING COMMISSION 17 CFR Parts 15 and 20 RIN 3038-AD17 Position Reports for... reporting regulations that are reasonably necessary for implementing and enforcing aggregate position limits...

  18. Role of Reproductive Health Commodity Security on Maternal and ...

    African Journals Online (AJOL)

    Methods: A Medline search and search of other internet search engines for published studies on contraceptive commodity security and maternal and child health in West Africa was done. The journals were accessed online and from public libraries. Results: Contraceptive prevalence rate in West Africa is generally low.

  19. Tips for Organizing an Educational Agricultural Commodity Trading Club

    Science.gov (United States)

    Yost, John

    2011-01-01

    Educational commodity marketing clubs have been an effective tool for producers to develop their grain and livestock marketing skills. These groups are further enhanced when the participants engage in "actual trading" versus "paper trading" techniques. When a club chooses to try actual trading, it becomes more complicated than pooling monies…

  20. 1997 economic census : transportation : 1997 commodity flow survey : West Virginia

    Science.gov (United States)

    1999-12-01

    The 1997 Commodity Flow Survey (CFS) is undertaken through a partnership between the Bureau of the Census, U.S. Department of Commerce, and the Bureau of Transportation Statistics, U.S. Department of Transportation. This survey produces data on the m...

  1. The economics of farm commodity storage: a policy framework ...

    African Journals Online (AJOL)

    This study presents a (simple) policy model underlying farm commodity storage for a development economy. Utilizing a simple statistical/mathematical formulation, the policy model highlights the following: storage is a profitable enterprise with the net revenue function being at equilibrium position where the quantity stored is ...

  2. Cycle-Preserving Extension of Demand Functions to New Commodities

    NARCIS (Netherlands)

    Peters, H.J.M.; Wakker, P.P.

    1996-01-01

    A method is given to extend demand functions to new commodities under preservation of the cycle number, i.e., the minimal length of a preference cycle revealed by the demand function. Thus Gale's (Economica, N.S., 1960, 27, 348-354) demand function that shows that the weak axiom of revealed

  3. Ideological Challenges to Changing Strategic Orientation in Commodity Agriculture

    DEFF Research Database (Denmark)

    Press, Melea; Arnould, Eric; Murray, Jeff

    2014-01-01

    such changes. In assessing the transition to organic production and marketing in a commodity agriculture context we find that contending ideologies restrict its adoption. In addition, we suggest that strategic orientations are not adopted or contested solely within firms but also among them. We find...

  4. Commodities and Switzerland: Development Policy Challenges and Policy Options

    Directory of Open Access Journals (Sweden)

    Werner Thut

    2013-09-01

    Full Text Available EDITOR’S NOTEThis paper, written in December 2012, is a contribution to the ‘Policy Debate’ section of the International Development Policy. In this section, academics, policy makers and practitioners engage in a dialogue on global development challenges. Papers are copy-edited but not peer-reviewed. Instead, an initial thematic contribution is followed by critical comments and reactions from different stakeholders. This paper by Werner Thut is followed by reactions and analysis from a non-profit policy institute (Alexandra Gillies, Revenue Watch Institute, New York, ‘Crafting a Strategic Response to the Commodity-Development Conundrum’, a Southern scholar (Prof. Humberto Campodonico, Universidad Nacional Mayor de San Marcos, Lima ‘Going Beyond Transparency and Good Governance’ | ‘Más allá de la transparencia y una buena gobernanza’ and a representative of the trading sector (Stéphane Graber, Secretary General of Geneva Trading & Shipping Association – ‘Reassessing the Merchants’ Role in a Globalized Economy’.PAPER’S ABSTRACTSwitzerland is one of the world’s largest commodity trading hub. The author, senior policy adviser at the Swiss Agency for Development and Cooperation (SDC, reviews experiences and policy options related to commodity trading from a development policy perspective. While this sector has become of strategic importance to Switzerland’s economy, it also entails a number of risks. On the other hand, Swiss development cooperation efforts focus on several resource-rich countries, whose mineral and agricultural commodities are traded via Switzerland. How can Switzerland assist these countries to reap the benefits of their natural resource wealth? This paper looks at development policy aspects of commodity trading in relation to Swiss foreign and domestic policy. It examines ongoing policy debates in Switzerland and discusses development policy options.

  5. Stationarity changes in long-run energy commodity prices

    International Nuclear Information System (INIS)

    Zaklan, Aleksandar; Abrell, Jan; Neumann, Anne

    2016-01-01

    Situated at the intersection of the literatures on speculative storage and non-renewable commodity scarcity, this paper considers whether changes in persistence have occurred in long-run U.S. prices of the energy commodities crude oil, natural gas and bituminous coal. We allow for a structural break when testing for a break in persistence to avoid a change in the stochastic properties of prices being confounded by an unaccounted-for deterministic shift in the price series. We find that coal prices are trend stationary throughout their evolution and that oil prices change from stationarity to non-stationarity in the decade between the late 1960s to late 1970s. The result on gas prices is ambiguous. Our results demonstrate the importance of accounting for a possible structural shift when testing for breaks in persistence, while being robust to the exact date of the structural break. Based on our analysis we caution against viewing long-run energy commodity prices as being non-stationary and conclude in favor of modeling commodity market fundamentals as stationary, meaning that speculative storage will tend to have a dampening effect on prices. We also cannot reject that long-run prices of coal and, with some hesitation, gas follow a Hotelling-type rule. In contrast, we reject the Hotelling rule for oil prices since the late 1960s/early 1970s. - Highlights: • This paper contributes to the literatures on speculative storage and scarcity. • We test if long-run U.S. coal, oil and gas prices became non-stationary. • We pre-test for structural breaks when testing for changes in persistence. • Coal prices are found to be trend stationary, oil prices become non-stationary. • We caution against modeling commodity market fundamentals as non-stationary.

  6. Implications of Climate Volatility for Agricultural Commodity Markets in the Presence of Biofuel Mandates

    Science.gov (United States)

    Verma, M.; Diffenbaugh, N. S.; Hertel, T. W.; Beckman, J.

    2011-12-01

    In presence of bio-fuels, link between energy and agricultural commodity markets has become more complex. An increase in ethanol production to minimum 15bn gallons a year - Renewable Fuel Standard (RFS) and current technically permissible maximum 10% blending limit - Blend Wall (BW); make the link even stronger. If oil prices in future do not rise significantly from their current levels, this minimum production requirement would likely be binding. In such a scenario any fluctuation in crop production will have to be absorbed by the non-ethanol usage of the crop and would translate into crop prices adjusting to clear the markets and therefore the commodity prices will be more volatile. At high oil prices it is possible that the BW may become binding, severing the link between oil prices and commodity prices as well, potentially leading to higher price volatility. Hertel and Beckman (2010) find that, with both RFS and BW simultaneously binding, corn price volatility due to supply side shocks (which could arise from extreme climate events) could be more than 50% as large as in the absence of bio-fuel policies. So energy markets are important determinants of agricultural commodity price volatility. This proposal intends to introduce the increased supply side volatility on account of climate change and volatility, in the framework. Global warming on account of increased GHG concentrations is expected to increase the intensity and frequency of hot extremes in US (Diffenbaugh et al. 2008) and therefore affect corn yields. With supply shocks expected to increase, binding RFS and BW will exacerbate the volatility, while if they are non-binding then the price changes could be cushioned. We propose to model the impacts of climate changes and volatility on commodity prices by linking three main components - a. Projections for change in temperature and precipitation using climate model b. A statistical model to predict impacts of change in climate variable on corn yields in US

  7. Cooperation with Commodity Groups and Hands-On Demonstrations Improve the Effectiveness of Commodity-Focused Educational Programs

    Science.gov (United States)

    Kandel, Herman J.; Ransom, Joel K.; Torgerson, David A.; Wiersma, Jochum J.

    2010-01-01

    Wheat and soybean producers pay a small amount per bushel produced as a check-off. Funds are used for research, outreach, and crop promotion. Commodity organizations and Extension joined forces to develop multi-state educational outreach on spring wheat and soybean production. Participatory planning involved producers in developing these…

  8. 17 CFR 270.17f-6 - Custody of investment company assets with Futures Commission Merchants and Commodity Clearing...

    Science.gov (United States)

    2010-04-01

    ... transactions in Exchange-Traded Futures Contracts and Commodity Options, Provided that: (1) The manner in which... Contracts and Commodity Options means commodity futures contracts, options on commodity futures contracts... assets with Futures Commission Merchants and Commodity Clearing Organizations. 270.17f-6 Section 270.17f...

  9. HESTIA Commodities Exchange Pallet and Sounding Rocket Test Stand

    Science.gov (United States)

    Chaparro, Javier

    2013-01-01

    During my Spring 2016 internship, my two major contributions were the design of the Commodities Exchange Pallet and the design of a test stand for a 100 pounds-thrust sounding rocket. The Commodities Exchange Pallet is a prototype developed for the Human Exploration Spacecraft Testbed for Integration and Advancement (HESTIA) program. Under the HESTIA initiative the Commodities Exchange Pallet was developed as a method for demonstrating multi-system integration thru the transportation of In-Situ Resource Utilization produced oxygen and water to a human habitat. Ultimately, this prototype's performance will allow for future evaluation of integration, which may lead to the development of a flight capable pallet for future deep-space exploration missions. For HESTIA, my main task was to design the Commodities Exchange Pallet system to be used for completing an integration demonstration. Under the guidance of my mentor, I designed, both, the structural frame and fluid delivery system for the commodities pallet. The fluid delivery system includes a liquid-oxygen to gaseous-oxygen system, a water delivery system, and a carbon-dioxide compressors system. The structural frame is designed to meet safety and transportation requirements, as well as the ability to interface with the ER division's Portable Utility Pallet. The commodities pallet structure also includes independent instrumentation oxygen/water panels for operation and system monitoring. My major accomplishments for the commodities exchange pallet were the completion of the fluid delivery systems and the structural frame designs. In addition, parts selection was completed in order to expedite construction of the prototype, scheduled to begin in May of 2016. Once the commodities pallet is assembled and tested it is expected to complete a fully integrated transfer demonstration with the ISRU unit and the Environmental Control and Life Support System test chamber in September of 2016. In addition to the development of

  10. 75 FR 56997 - Petition of the National Futures Association, Pursuant to Rule 13.2, to the U.S. Commodity...

    Science.gov (United States)

    2010-09-17

    ...'s qualifying entity (1) Will use commodity futures or commodity options contracts solely for bona... commodity futures or commodity options not used for bona fide hedging purposes exceeding five percent (5... public as a commodity pool or as a vehicle for investment in commodity futures or commodity options. The...

  11. PRICE GENERATING PROCESS AND VOLATILITY IN NIGERIAN AGRICULTURAL COMMODITIES MARKET

    Directory of Open Access Journals (Sweden)

    Osaihiomwan Ojogho

    2015-10-01

    Full Text Available The literature on agricultural commodity price volatility in Nigeria has constantly reflected that an excessive price movement is harmful for both producers and consumers, particularly for those who are not able to cope with that new source of economic uncertainty. It has also raised an extensive debate on the main determinants behind the large agricultural commodity price swings observed in the last years without recourse for the price generating process. To narrow this gap, the study examined the price generating process and volatility in the Nigerian agricultural commodities market using secondary data for price series on meat, cereals, sugar, dairy and aggregate food for the period of January 1990 to February 2014. The data were analysed using the linear Gaussian State-Space (SS model. The results of the descriptive statistics showed that the coefficients of variation for cereals (39.88%, food (32.65% and dairy price (43.08% were respectively higher during the overall time period (January 1990 to February 2014 than during the first (January 1990 to January 2002 and second (February 2002 to February 2014 sub-time periods. The results of the inferential statistics showed that authoregressive moving average (ARMA model is the most selected Nigeria agricultural commodity price generating model for the time periods, that a unit increase in the past price state of cereals, dairy, sugar, meat and aggregate food would increase the future price of sugar, meat and aggregate food by N0.14, N0.28 and N0.15 respectively but decrease future price of cereals and dairy by about N1.00 and N0.21 respectively, and that the one-step ahead predicted value for the first out-ofsample period for cereals, meat, dairy and sugar price were 6317.86, 10.24 and 2.06 respectively. The Nigerian agricultural commodity prices have experienced high variability over the period, and such volatility, price-generating process and the determinants of the Nigerian food commodities

  12. Transition of Army Missile Acquisition Programs from Program Management Offices to Commodity Commands

    National Research Council Canada - National Science Library

    Brannin, Patricia

    1997-01-01

    ... management offices to commodity commands. The primary audit objective was to assess whether program management offices were transferring adequate funds and other resources to Military Department commodity commands for missile acquisition...

  13. Market risk in commodity markets. A VaR approach

    International Nuclear Information System (INIS)

    Giot, Pierre; Laurent, Sebastien

    2003-01-01

    We put forward Value-at-Risk models relevant for commodity traders who have long and short trading positions in commodity markets. In a 5-year out-of-sample study on aluminium, copper, nickel, Brent crude oil and WTI crude oil daily cash prices and cocoa nearby futures contracts, we assess the performance of the RiskMetrics, skewed Student APARCH and skewed student ARCH models. While the skewed Student APARCH model performs best in all cases, the skewed Student ARCH model delivers good results and its estimation does not require non-linear optimization procedures. As such this new model could be relatively easily integrated in a spreadsheet-like environment and used by market practitioners

  14. Segmentation of the industrial market for food commodities

    DEFF Research Database (Denmark)

    Bech-Larsen, Tino

    2001-01-01

    The purpose of the study presented in this article is to examine whether the cconcepts developed in the area of industrial buying behavior can add to the understanding of commodity markets. The industrial market for vegetable oil was chosen as the outset of the study, because it is characterized...... and mayonnaise industries in Denmark, Sweden, Germany, the United Kingdom and Switzerland. The main result of the study is that the price is an omnipotent decision criterion, when vegetable fats and mayonnaise producers buy vegetable oil, but also that product and supplier criteria can be used to segment...... by the appearance of changing demands and technological opportunities, which potentially can lead to differentiation possibilities. The article describes a framework for the study of industrial buying of food commodities and the results of a conjoint study based on interviews with oil purchasers in the margarine...

  15. Market risk in commodity markets: a VaR approach

    International Nuclear Information System (INIS)

    Giot, P.

    2003-01-01

    We put forward Value-at-Risk models relevant for commodity traders who have long and short trading positions in commodity markets. In a 5-year out-of-sample study on aluminium, copper, nickel, Brent crude oil and WTI crude oil daily cash prices and cocoa nearby futures contracts, we assess the performance of the RiskMetrics, skewed Student APARCH and skewed student ARCH models. While the skewed Student APARCH model performs best in all cases, the skewed Student ARCH model delivers good results and its estimation does not require non-linear optimization procedures. As such this new model could be relatively easily integrated in a spreadsheet-like environment and used by market practitioners. (author)

  16. Non-food radiation technology applications of food commodities

    International Nuclear Information System (INIS)

    Mastro, N.L. Del

    2004-01-01

    At present food irradiation is considered an effective, broad-spectrum, residue-free, mature technology. Expertise in irradiation processing exists in a network of centers around the world, some of them in developing countries like Brazil and Argentina South American region. The use of renewable resources coming from crops products is becoming attractive also for non-food applications. In this sense, a complete new approach of higher aggregated value of some commodities like soy and maize, for example, is as renewable resources to create functional polymers, mainly for innovative biodegradable packaging solutions. There is a need of innovative approaches to produce edible/biodegradable materials from natural polymeric macromolecules with adequate properties. Incipient researches pointed to the successful use of irradiation processing to obtain or modify different types of biodegradable/edible plastic materials. This new radiation technology application is particularly important for countries that are leading producers of soybean and other commodities. (Author)

  17. 1990 Nationwide Truck Activity and Commodity Survey selected tabulations

    Energy Technology Data Exchange (ETDEWEB)

    1993-06-01

    The Nationwide Truck Activity and Commodity Survey (NTACS) provides detailed activity data for a sample of trucks covered in the 1987 Truck Inventory and Use Survey (TIUS) for days selected at random over a 12-month period ending in 1990. The NTACS was conducted by the US Bureau of the Census for the US Department of Transportation (DOT). A Public Use File for the NTACS was developed by Oak Ridge National Laboratory (ORNL) under a reimbursable agreement with the DOT. The content of the Public Use File and the detailed design of the NTACS are described in the ORNL Report [open quotes]Technical Documentation for the 1990 Nationwide Truck Activity and Commodity Survey Public Use File[close quotes]. (1992). ORNL Technical Report No. TM-12188, Oak Ridge National Laboratory, Oak Ridge, TN 37831. The main purpose of this summary report is to provide selected tables based on the public use file.

  18. Non-food radiation technology applications of food commodities

    Energy Technology Data Exchange (ETDEWEB)

    Mastro, N.L. Del [Center of Radiation Technology, Energy and Nuclear Research Institute (IPEN-CNEN/SP), Travessa R, 400 Cidade Universitaria, 05508-900 Sao Paulo (Brazil)]. E-mail: nlmastro@ipen.br

    2004-07-01

    At present food irradiation is considered an effective, broad-spectrum, residue-free, mature technology. Expertise in irradiation processing exists in a network of centers around the world, some of them in developing countries like Brazil and Argentina South American region. The use of renewable resources coming from crops products is becoming attractive also for non-food applications. In this sense, a complete new approach of higher aggregated value of some commodities like soy and maize, for example, is as renewable resources to create functional polymers, mainly for innovative biodegradable packaging solutions. There is a need of innovative approaches to produce edible/biodegradable materials from natural polymeric macromolecules with adequate properties. Incipient researches pointed to the successful use of irradiation processing to obtain or modify different types of biodegradable/edible plastic materials. This new radiation technology application is particularly important for countries that are leading producers of soybean and other commodities. (Author)

  19. Patulin detection from Penicillia in bottled water commodity system

    OpenAIRE

    Paterson, R. R. M.; Ribeiro, Ana; Venâncio, Armando; Lima, Nelson

    2004-01-01

    Control of Mycological Contaminants of BOttled Water (COMBOW) is an EU-CRAFT project which is investigating the significance of fungi to this commodity. Some fungi produce toxins (mycotoxins). These compounds contaminate food and drink with detrimental effects on human health and economies. Mycotoxins have been reported recently in stored water and production confirmed in vitro. Patulin is a mycotoxin and has been regulated by the EU since 1 November 2003 in apple juice and ingredients. Penic...

  20. Global stocks of selected mineral-based commodities

    Science.gov (United States)

    Wilburn, David R.; Bleiwas, Donald I.; Karl, Nick A.

    2016-12-05

    IntroductionThe U.S. Geological Survey, National Minerals Information Center, analyzes mineral and metal supply chains by identifying and describing major components of mineral and material flows from ore extraction, through intermediate forms, to a final product. This report focuses on an important component of the world’s supply chain: the amounts and global distribution of major consumer, producer, and exchange stocks of selected mineral commodities. In this report, the term “stock” is used instead of “inventory” and refers to accumulations of mined ore, intermediate products, and refined mineral-based commodities that are in a form that meets the agreed-upon specifications of a buyer or processor of intermediate products. These may include certain ores such as bauxite, concentrates, smelter products, and refined metals. Materials sometimes referred to as inventory for accounting purposes, such as ore contained in a deposit or in a leach pile, or materials that need to be further processed before they can be shipped to a consumer, are not considered. Stocks may be held (owned) by consumers, governments, investors, producers, and traders. They may serve as (1) a means to achieve economic, social, and strategic goals through government policies; (2) a secure source of supply to meet demand and to mitigate potential shortages in the supply chain; (3) a hedge to mitigate price volatility; and (4) vehicles for speculative investment.The paucity and uneven reliability of data for stocks of ores and concentrates and for material held by producers, consumers, and merchants hinder the accurate estimating of the size and distribution of this portion of the supply chain for certain commodities. This paper reviews the more visible stocks held in commodity exchange warehouses distributed throughout the world.

  1. Governance and Surplus Distribution in Commodity Value Chains in Africa

    OpenAIRE

    Swinnen, Johan F.M.; Vandeplas, Anneleen; Maertens, Miet

    2007-01-01

    The governance of food markets is a crucial element for efficiency and distributional effects. In this paper, we use a conceptual model to show that this governance itself is endogenous in an environment of weak contract enforcement and imperfect markets, and importantly depends on the value in the chain. We relate the predictions of the theory to empirical evidence on differences in supply chain governance in Africa across different commodity types. In doing so we offer an explanation as why...

  2. Strategic contracting practices to improve procurement of health commodities

    Science.gov (United States)

    Arney, Leslie; Yadav, Prashant; Miller, Roger; Wilkerson, Taylor

    2014-01-01

    ABSTRACT Public-sector entities responsible for procurement of essential medicines and health commodities in developing countries often lack the technical capacity to efficiently ensure supply security. Under strict public scrutiny and pressures to be transparent, many agencies continue to use archaic procurement methods and to depend on inflexible forecasts and cumbersome tendering processes. On the basis of semi-structured literature reviews and interviews, we identified framework agreements as a strategic procurement practice used by the U.S. federal government that may also be suitable for global health supply chains. Framework agreements are long-term contracts that provide the terms and conditions under which smaller repeat purchasing orders may be issued for a defined period of time. Such agreements are common in U.S. and United Nations procurement systems and in other developed countries and multilateral organizations. In contrast, framework agreements appear to be seldom used in procurement of health commodities in countries of sub-Saharan Africa. The current practice of floating tenders multiple times a year contributes to long lead times and stock-outs, and it hampers the manufacturer's or supplier's ability to plan and respond to the government's needs. To date, government's use of strategic contracting practices in public procurement of health commodities has not received much attention in most developing countries. It may present an opportunity for substantial improvements in procurement efficiency and commodity availability. Enabling legislation and strengthened technical capacity to develop and manage long-term contracts could facilitate the use of framework contracts in sub-Saharan Africa, with improved supply security and cost savings likely to result. PMID:25276589

  3. FUNGIBILITY AND CONSUMER CHOICE: EVIDENCE FROM COMMODITY PRICE SHOCKS*

    OpenAIRE

    Hastings, Justine S.; Shapiro, Jesse M.

    2013-01-01

    We formulate a test of the fungibility of money based on parallel shifts in the prices of different quality grades of a commodity. We embed the test in a discrete-choice model of product quality choice and estimate the model using panel microdata on gasoline purchases. We find that when gasoline prices rise, consumers substitute to lower octane gasoline, to an extent that cannot be explained by income effects. Across a wide range of specifications, we consistently reject the null hypothesis t...

  4. Cultural commodity chains, cultural clusters, or cultural production chains?

    OpenAIRE

    Andy C. Pratt

    2008-01-01

    The paper begins with a discussion of the definition of cultural industries. The paper's three main themes are concerned with, first: 1) a contestation of the generic application of the global commodity chain concept, 2) the need for a unique focus on cultural industries associated with the particular nature of its production process, and 3) the role of embedded judgments of quality is an integral part of this process. Second, the paper suggests that a restyled focus on production chains (inv...

  5. Sensitive Information Tracking in Commodity IoT

    OpenAIRE

    Celik, Z. Berkay; Babun, Leonardo; Sikder, Amit K.; Aksu, Hidayet; Tan, Gang; McDaniel, Patrick; Uluagac, A. Selcuk

    2018-01-01

    Broadly defined as the Internet of Things (IoT), the growth of commodity devices that integrate physical processes with digital connectivity has had profound effects on society--smart homes, personal monitoring devices, enhanced manufacturing and other IoT apps have changed the way we live, play, and work. Yet extant IoT platforms provide few means of evaluating the use (and potential avenues for misuse) of sensitive information. Thus, consumers and organizations have little information to as...

  6. Commodities and Linkages: Industrialisation in Sub-Saharan Africa

    OpenAIRE

    Kaplinsky, Raphael; Morris, Adam; Kaplan, David

    2011-01-01

    In a complementary Discussion Paper (MMCP DP 12 2011) we set out the reasons why we believe that there is extensive scope for linkage development into and out of SSA’s commodities sectors. In this Discussion Paper, we present the findings of our detailed empirical enquiry into the determinants of the breadth and depth of linkages in eight SSA countries (Angola, Botswana, Gabon, Ghana, Nigeria, South Africa Tanzania, and Zambia) and six sectors (copper, diamonds, gold, oil and gas, mining serv...

  7. Strategic contracting practices to improve procurement of health commodities.

    Science.gov (United States)

    Arney, Leslie; Yadav, Prashant; Miller, Roger; Wilkerson, Taylor

    2014-08-01

    Public-sector entities responsible for procurement of essential medicines and health commodities in developing countries often lack the technical capacity to efficiently ensure supply security. Under strict public scrutiny and pressures to be transparent, many agencies continue to use archaic procurement methods and to depend on inflexible forecasts and cumbersome tendering processes. On the basis of semi-structured literature reviews and interviews, we identified framework agreements as a strategic procurement practice used by the U.S. federal government that may also be suitable for global health supply chains. Framework agreements are long-term contracts that provide the terms and conditions under which smaller repeat purchasing orders may be issued for a defined period of time. Such agreements are common in U.S. and United Nations procurement systems and in other developed countries and multilateral organizations. In contrast, framework agreements appear to be seldom used in procurement of health commodities in countries of sub-Saharan Africa. The current practice of floating tenders multiple times a year contributes to long lead times and stock-outs, and it hampers the manufacturer's or supplier's ability to plan and respond to the government's needs. To date, government's use of strategic contracting practices in public procurement of health commodities has not received much attention in most developing countries. It may present an opportunity for substantial improvements in procurement efficiency and commodity availability. Enabling legislation and strengthened technical capacity to develop and manage long-term contracts could facilitate the use of framework contracts in sub-Saharan Africa, with improved supply security and cost savings likely to result.

  8. Radiation technology for value addition to food and agro commodities

    International Nuclear Information System (INIS)

    Sharma, Arun

    2012-01-01

    Assuring adequate food security to citizens of the country requires deployment of strategies for augmenting agricultural production while reducing post-harvest losses. Appropriate post-harvest processing, handling, storage and distribution practices are as important as the efforts to increase productivity for sustained food security, food safety and international trade in agricultural commodities. Nuclear energy has played a significant role both in the improvement of crop productivity, as well as, in the preservation and hygienization of agricultural produce

  9. DYNAMICS AND NEW CHALLENGES IN THE GLOBAL COMMODITY MARKET

    Directory of Open Access Journals (Sweden)

    MARIA CARTAS

    2015-12-01

    Full Text Available Global economy and particularly the world production of goods depends to a large extent on the supply of raw materials, of resource inputs extracted from the environment as well as an easy access to them. Commodities play an important part in the growth of global production and in the world trade in goods and services. The access to raw materials is vital for sustaining the productive capacity of the economy and also for satisfying domestic demand for industrial goods. On the other side, increasing demand for commodities and the need for assuring a sustainable supply pose great challenges on the world economy. The issue of raw materials supply represents a high - priority theme in the political agenda of the European Union. The Raw Materials Initiative launched in 2008 by the European Commission is based on three main pillars: - to ensure the access to raw materials on world market at undistorted conditions; - to foster sustainable supply of raw materials from European sources; - to reduce the EU's consumption of primary raw materials. (EC, 2008. To this end, EC has started to take action in order to ensure access to resources and avoid supply shortages. A great deal of attention is being paid to the study of recent developments in the global and particular commodity markets, taking into consideration fundamental aspects as supply concentration, governance of producing countries, the pressure of demand and its impact on prices, material's substitutability, stressing the role of resource consumption efficiency, recycling and substitution of vital raw materials and thus providing policy makers and industry with reliable information on how to efficiently manage resource inputs. This paper is dealing with the main developments which occurred during the past decade or so in the global commodity market, a major driver of the world economy, with particular reference to selected key -markets - as: aluminium, copper, nickel; cotton; corn, meat - swine

  10. 22 CFR 211.9 - Liability for loss damage or improper distribution of commodities.

    Science.gov (United States)

    2010-04-01

    ... distribution of commodities. 211.9 Section 211.9 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT TRANSFER OF FOOD COMMODITIES FOR FOOD USE IN DISASTER RELIEF, ECONOMIC DEVELOPMENT AND OTHER ASSISTANCE... cooperating sponsor has a contract with a carrier to transport commodities, and losses occur during a single...

  11. 7 CFR 917.25 - Selection of members of various commodity committees.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 8 2010-01-01 2010-01-01 false Selection of members of various commodity committees....25 Selection of members of various commodity committees. (a) The Secretary shall select the members of each commodity committee from nominations made by growers, as provided in §§ 917.21 through 917.24...

  12. 48 CFR 47.305-9 - Commodity description and freight classification.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Commodity description and... Commodity description and freight classification. (a) Generally, the freight rate for supplies is based on... solicitation a complete description of the commodity to be acquired and of packing requirements to determine...

  13. 7 CFR 917.22 - Nomination of Peach Commodity Committee members.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 8 2010-01-01 2010-01-01 false Nomination of Peach Commodity Committee members. 917.22 Section 917.22 Agriculture Regulations of the Department of Agriculture (Continued) AGRICULTURAL... Nomination of Peach Commodity Committee members. Nominations for membership on the Peach Commodity Committee...

  14. 7 CFR 52.56 - Purchase of commodity samples for review.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 2 2010-01-01 2010-01-01 false Purchase of commodity samples for review. 52.56 Section 52.56 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE... Purchase of commodity samples for review. Employees are authorized to purchase commodity samples for review...

  15. Commodity-based Approach for Evaluating the Value of Freight Moving on Texas’ Roadway Network

    Science.gov (United States)

    2017-12-10

    The researchers took a commodity-based approach to evaluate the value of a list of selected commodities moved on the Texas freight network. This approach takes advantage of commodity-specific data sources and modeling processes. It provides a unique ...

  16. 12 CFR 614.4231 - Certain seasonal commodity loans to cooperatives.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Certain seasonal commodity loans to... POLICIES AND OPERATIONS Loan Terms and Conditions § 614.4231 Certain seasonal commodity loans to cooperatives. Loans on certain commodities that are part of government programs shall comply with the criteria...

  17. 7 CFR 917.21 - Nomination of Pear Commodity Committee members.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 8 2010-01-01 2010-01-01 false Nomination of Pear Commodity Committee members. 917.21 Section 917.21 Agriculture Regulations of the Department of Agriculture (Continued) AGRICULTURAL MARKETING... Pear Commodity Committee members. Nominations for membership on the Pear Commodity Committee shall be...

  18. 7 CFR 1410.21 - Obligations of the Commodity Credit Corporation.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Obligations of the Commodity Credit Corporation. 1410.21 Section 1410.21 Agriculture Regulations of the Department of Agriculture (Continued) COMMODITY... PROGRAM § 1410.21 Obligations of the Commodity Credit Corporation. CCC shall, subject to the availability...

  19. 75 FR 55698 - Commodity Pool Operations: Relief From Compliance With Certain Disclosure, Reporting and...

    Science.gov (United States)

    2010-09-14

    ... From the Federal Register Online via the Government Publishing Office COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 4 RIN 3038-AC46 Commodity Pool Operations: Relief From Compliance With Certain Disclosure, Reporting and Recordkeeping Requirements for Registered CPOs of Commodity Pools Listed for...

  20. 76 FR 28641 - Commodity Pool Operators: Relief From Compliance With Certain Disclosure, Reporting and...

    Science.gov (United States)

    2011-05-18

    ... Release).\\2\\ The Proposing Release commenced by explaining the history and background of the regulation of... are subject to certain operational and advertising requirements under Part 4, to all other provisions... 4 Advertising, Brokers, Commodity futures, Commodity pool operators, Commodity trading advisors...

  1. 78 FR 25416 - Information Collection Request: Web-Based Supply Chain Management Commodity Offer Forms

    Science.gov (United States)

    2013-05-01

    ... Request: Web-Based Supply Chain Management Commodity Offer Forms AGENCY: Farm Service Agency and Commodity... Chain Management (WBSCM) allows respondents to submit information electronically. DATES: Comments on... procurement of agricultural commodities for domestic and export food donation programs. FSA and CCC issue...

  2. Stochastic models for the spot and future prices of commodities with high volatility and mean reversion

    OpenAIRE

    García de la Vega, Victor Manuel; Ruiz-Porras, Antonio

    2009-01-01

    The pricing of commodity derivatives requires that the underlying asset be modelled with mean reversion and high volatility. We develop closed formulas to price the spot of the commodity, its future, and to price a call option on the spot and on the commodity future, in the real world and under risk neutrality, by using a 1 factor model.

  3. 31 CFR 560.533 - Brokering sales of agricultural commodities, medicine, and medical devices.

    Science.gov (United States)

    2010-07-01

    ... commodities, medicine, and medical devices. 560.533 Section 560.533 Money and Finance: Treasury Regulations... Brokering sales of agricultural commodities, medicine, and medical devices. (a) General license for... agricultural commodities, medicine, and medical devices, provided that the sale and exportation or...

  4. 31 CFR 515.410 - Dealing abroad in Cuban origin commodities.

    Science.gov (United States)

    2010-07-01

    ... commodities. 515.410 Section 515.410 Money and Finance: Treasury Regulations Relating to Money and Finance... Interpretations § 515.410 Dealing abroad in Cuban origin commodities. Section 515.204 prohibits, unless licensed, the importation of commodities of Cuban origin. It also prohibits, unless licensed, persons subject to...

  5. 48 CFR 3052.225-70 - Requirement for Use of Certain Domestic Commodities.

    Science.gov (United States)

    2010-10-01

    ... Certain Domestic Commodities. 3052.225-70 Section 3052.225-70 Federal Acquisition Regulations System... Certain Domestic Commodities. As prescribed in (HSAR) 48 CFR 3025.7003, use the following clause: Requirement for Use of Certain Domestic Commodities (AUG 2009) (a) Definitions. As used in this clause— (1...

  6. 22 CFR 211.8 - Disposition of commodities unfit for authorized use.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Disposition of commodities unfit for authorized... COMMODITIES FOR FOOD USE IN DISASTER RELIEF, ECONOMIC DEVELOPMENT AND OTHER ASSISTANCE § 211.8 Disposition of commodities unfit for authorized use. (a) Prior to delivery to cooperating sponsor at discharge port or point...

  7. 31 CFR 500.411 - Dealings abroad in commodities subject to the Regulations.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Dealings abroad in commodities... ASSETS CONTROL REGULATIONS Interpretations § 500.411 Dealings abroad in commodities subject to the Regulations. Section 500.204 prohibits the unlicensed importation into the United States of commodities of...

  8. 31 CFR 538.526 - Brokering sales of agricultural commodities, medicine, and medical devices.

    Science.gov (United States)

    2010-07-01

    ... commodities, medicine, and medical devices. 538.526 Section 538.526 Money and Finance: Treasury Regulations... Brokering sales of agricultural commodities, medicine, and medical devices. (a) General license for... agricultural commodities, medicine, and medical devices to the Government of Sudan, to any individual or entity...

  9. Optimal Nonlinear Pricing, Bundling Commodities and Contingent Services

    International Nuclear Information System (INIS)

    Podesta, Marion; Poudou, Jean-Christophe

    2008-01-01

    In this paper, we propose to analyze optimal nonlinear pricing when a firm offers in a bundle a commodity and a contingent service. The paper studies a mechanism design where all private information can be captured in a single scalar variable in a monopoly context. We show that to propose the package for commodity and service is less costly for the consumer, the firm has lower consumers' rent than the situation where it sells their good and contingent service under an independent pricing strategy. In fact, the possibility to use price discrimination via the supply of package is dominated by the fact that it is costly for the consumer to sign two contracts. Bundling energy and a contingent service is a profitable strategy for a energetician monopoly practising optimal nonlinear tariff. We show that the rates of the energy and the contingent service depend to the optional character of the contingent service and depend to the degree of complementarity between commodities and services. (authors)

  10. Market Structure and Price Transmission of Eggs Commodity

    Directory of Open Access Journals (Sweden)

    Abdul Aziz Ahmad

    2016-10-01

    Full Text Available Purposes of this research are to determine some characteristics of distribution channel, market structure, and price maker transmission in purebred chicken egg commodity in Banyumas District, Central Java Province. Primary data applied on this research is from all channel distribution levels; from producers to final consumers. Meanwhile secondary data is collected from government official sources, such as BPS-Statistic of Banyumas Disrict, Banyumas Department of Industry, Trading and Cooperation, and previous researches which has been made by researcher team. Sample determining is directed by proportional random sampling methods. Some measurements are applied to this research, including to; Herfindahl Index (HI, Concentration Ratio (CF, and Minimum Efficiency Scale (MES to investigate market structure; and Asymmetric Price Transmission (APT to determine price transmission mechanism model. This research finds that (1 the distribution channel of egg commodity is spitted to different channel, the first channel: egg producer – retail traders – final consumers, and second channel: egg producers – whole seller – retail traders – final consumers; (2 market structure which is created to this farming specific commodity is perfect market; (3 price transmission mechanism analysis statistically shows that there is almost no existence of dominant power in price formation.

  11. Commodity movement tracking (CMT) : bridging operations and commercial transactions

    International Nuclear Information System (INIS)

    Lewyta, M.

    2004-01-01

    Enbridge Pipelines Inc. (EPI) operates a network of interconnected pipelines that facilitate the transport of liquid fuels across North America, with operations centralized in Edmonton, Alberta. This paper addressed the issue of accurately tracking the location of commodities transported on EPI pipelines for billing and payment purposes. The role of integrated information systems in meeting the need for high quality information by customers and by EPI was also addressed. The paper presented the Commodity Movement Tracking (CMT) system that is central to achieving the desired accuracy of commercial and financial transactions. CMT tracks inventories and links products to commercial transactions across the pipeline. Batches are tracked from initial receipt to final delivery, incorporating CMT's operational checks and balances, reconciliation steps, process monitoring, and supervisory control and data acquisition (SCADA) systems data that contribute to inputs equaling outputs. Daily schedules are recorded into the CMT system as events, based on volumetric information derived from the SCADA system. Receipt and delivery events will be electronically recorded into CMT from field flow computers in the near future. CMT modeling considers changes within the line configuration, static pipe diameter changes, as well as packing and draining of the line fill resulting from pressure changes. This paper described the major functional activities of the overall business process, such as nominations, scheduling, commodity movement tracking, leak detection, electronic ticketing, SCADA, and oil accounting. 10 figs.

  12. Manufacturing process design for multi commodities in agriculture

    Science.gov (United States)

    Prasetyawan, Yudha; Santosa, Andrian Henry

    2017-06-01

    High-potential commodities within particular agricultural sectors should be accompanied by maximum benefit value that can be attained by both local farmers and business players. In several cases, the business players are small-medium enterprises (SMEs) which have limited resources to perform added value process of the local commodities into the potential products. The weaknesses of SMEs such as the manual production process with low productivity, limited capacity to maintain prices, and unattractive packaging due to conventional production. Agricultural commodity is commonly created into several products such as flour, chips, crackers, oil, juice, and other products. This research was initiated by collecting data by interview method particularly to obtain the perspectives of SMEs as the business players. Subsequently, the information was processed based on the Quality Function Deployment (QFD) to determine House of Quality from the first to fourth level. A proposed design as the result of QFD was produced and evaluated with Technology Assessment Model (TAM) and continued with a revised design. Finally, the revised design was analyzed with financial perspective to obtain the cost structure of investment, operational, maintenance, and workers. The machine that performs manufacturing process, as the result of revised design, was prototyped and tested to determined initial production process. The designed manufacturing process offers IDR 337,897, 651 of Net Present Value (NPV) in comparison with the existing process value of IDR 9,491,522 based on similar production input.

  13. The Global Society will need commodities; how do we prepare for the future?

    Science.gov (United States)

    Leahy, P. Patrick

    2016-04-01

    The global population currently stands at approximately 7 billion and is expected to increase to between 8.3 and 10.9 billion by 2050. To put this into perspective, today's global population is triple what it was in 1950. Commodities are required for healthy societies, for robust economies and to raise living standards in the developing world. With major increases the population particularly in nations with emerging economies, the demand for commodities such as water, energy and minerals will significantly increase during the next several decades. Among the concerns are clean and available freshwater, expanded energy sources from natural gas and nuclear to renewable energy, and emerging needs for specialty materials that are needed for advanced technology to expanded use of more conventional minerals for agriculture and commerce. The developing world may have the greatest need for these commodities and also be the source of many of them. At the conclusion of the International Year of Planet Earth, a small group was formed to assess the need for a major scientific effort in the geosciences. Under the auspices of the International Union of Geological Sciences (IUGS), the strategic initiatives group met and a broad initiative entitled 'Resourcing Future Generations' (RFG) that was designed to implement a scientific strategy to address the increasing demand for commodities over the next 25 years. The initiative focused on water resources, energy and minerals. The group felt strongly that the minerals component should be the initial emphasis and hoped that other global scientific organizations like IUGS would embrace the water and energy themes. Since this initial effort a number of workshops and presentations have been made including China, the International Geological Congress in Brisbane, the Davos Summit, Berlin, and Namibia amongst others. The strategic initiative planning group identifies 4 challenges to meeting future global mineral needs which are improved

  14. Assessment of laboratory logistics management information system practice for HIV/AIDS and tuberculosis laboratory commodities in selected public health facilities in Addis Ababa, Ethiopia.

    Science.gov (United States)

    Desale, Adino; Taye, Bineyam; Belay, Getachew; Nigatu, Alemayehu

    2013-01-01

    Logistics management information system for health commodities remained poorly implemented in most of developing countries. To assess the status of laboratory logistics management information system for HIV/AIDS and tuberculosis laboratory commodities in public health facilities in Addis Ababa. A cross-sectional descriptive study was conducted from September 2010-January 2011 at selected public health facilities. A stratified random sampling method was used to include a total of 43 facilities which, were investigated through quantitative methods using structured questionnaires interviews. Focus group discussion with the designated supply chain managers and key informant interviews were conducted for the qualitative method. There exists a well-designed logistics system for laboratory commodities with trained pharmacy personnel, distributed standard LMIS formats and established inventory control procedures. However, majority of laboratory professionals were not trained in LMIS. Majority of the facilities (60.5%) were stocked out for at least one ART monitoring and TB laboratory reagents and the highest stock out rate was for chemistry reagents. Expired ART monitoring laboratory commodities were found in 25 (73.5%) of facilities. Fifty percent (50%) of the assessed hospitals and 54% of health centers were currently using stock/bin cards for all HIV/AIDS and TB laboratory commodities in main pharmacy store, among these only 25% and 20.8% of them were updated with accurate information matching with the physical count done at the time of visit for hospitals and health centers respectively. Even though there exists a well designed laboratory LMIS, keeping quality stock/bin cards and LMIS reports were very low. Key ART monitoring laboratory commodities were stock out at many facilities at the day of visit and during the past six months. Based on findings, training of laboratory personnel's managing laboratory commodities and keeping accurate inventory control procedures

  15. A pilot study of loss aversion for drug and non-drug commodities in cocaine users.

    Science.gov (United States)

    Strickland, Justin C; Beckmann, Joshua S; Rush, Craig R; Stoops, William W

    2017-11-01

    Numerous studies in behavioral economics have demonstrated that individuals are more sensitive to the prospect of a loss than a gain (i.e., loss aversion). Although loss aversion has been well described in "healthy" populations, little research exists in individuals with substance use disorders. This gap is notable considering the prominent role that choice and decision-making play in drug use. The purpose of this pilot study was to evaluate loss aversion in active cocaine users. Current cocaine users (N=38; 42% female) participated in this within-subjects laboratory pilot study. Subjects completed a battery of tasks designed to assess loss aversion for drug and non-drug commodities under varying risk conditions. Standardized loss aversion coefficients (λ) were compared to theoretically and empirically relevant normative values (i.e., λ=2). Compared to normative loss aversion coefficient values, a precise and consistent decrease in loss aversion was observed in cocaine users (sample λ≈1). These values were observed across drug and non-drug commodities as well as under certain and risky conditions. These data represent the first systematic study of loss aversion in cocaine-using populations and provide evidence for equal sensitivity to losses and gains or loss equivalence. Futures studies should evaluate the specificity of these effects to a history of cocaine use as well as the impact of manipulations of loss aversion on drug use to determine how this phenomenon may contribute to intervention development efforts. Copyright © 2017 Elsevier B.V. All rights reserved.

  16. Computerized commodity management system in Thailand and Brazil.

    Science.gov (United States)

    1984-01-01

    Thailand's National Family Planning Program is testing a computerized contraceptive commodity reporting management in 4 provinces with 104 National Family Planning Program (NFPP) reporting entities. Staff in the Brazilian Association of Family Planning Entities (ABEPF) and CPAIMC, a major family planning service agency, have been trained in the use of a computerized commodity distribution management system and are ready to initiate test use. The systems were designed in response to specific commodity management needs of the concerned organizations. Neither distribution program functions as a contraceptive social marketing (CSM) program, but each system reviewed has aspects that are relevant to CSM commodity management needs. Both the Thai and Brazilian systems were designed to be as automatic and user friendly as possible. Both have 3 main databases and perform similar management and reporting functions. Differing program configurations and basic data forms reflect the specific purposes of each system. Databases for the logistics monitoring system in Thailand arethe reporting entity (or ID) file; the current month's data file; and the master balance file. The data source is the basic reporting form that also serves as a Request and Issue Voucher for commodities. Editing functions in the program check to see that the current "beginning balance" equals the previous month's ending balance. Indexing functions in the system allow direct access to the records of any reporting entity via the ID number, as well as the sequential processing of records by ID number. 6 reports can be generated: status report by issuing entity; status report by dispensing entity; aggregate status report; out of compliance products report; out of compliance outlets report; and suggested shipment to regional warehouse report. Databases for the distribution management system in Brazil are: the name-ID (client institution) file; the product file; and the data file. The data source is an order form

  17. Measuring Export Competitiveness of Yarn Commodities and Textile Industry of Central Java in World Market

    Directory of Open Access Journals (Sweden)

    Hertiana Ikasari

    2016-10-01

    Full Text Available Yarn commodities and textile industries are the main export commodities of Central Java. Nevertheless, there are still some problems to face. The purpose of this research is to analyze the market share and competitive advantages position of the yarn commodities and the textile industries of Central Java in the world market. The Acceleration Ratio (AR and Trade Specialization Index (TSI are used to analyze the export competitiveness of the yarn commodities and the textile industries. The results obtained indicates that AR of the export of yarn commodities and textile industries of Central Java is greater than 1 (AR> 1. TSI of yarn commodities and textile industries in Central Java is 0.45 and has positive value. These results indicates that Central Java has a strong market share and tends to be a regional exporter of yarn and textile commodities in the world market.

  18. Gender and sexual economics: do women view sex as a female commodity?

    Science.gov (United States)

    Rudman, Laurie A; Fetterolf, Janell C

    2014-07-01

    In the study reported here, data from implicit and behavioral choice measures did not support sexual economics theory's (SET's) central tenet that women view female sexuality as a commodity. Instead, men endorsed sexual exchange more than women did, which supports the idea that SET is a vestige of patriarchy. Further, men's sexual advice, more than women's, enforced the sexual double standard (i.e., men encouraged men more than women to have casual sex)-a gender difference that was mediated by hostile sexism, but also by men's greater implicit investment in sexual economics. That is, men were more likely to suppress female sexuality because they resisted female empowerment and automatically associated sex with money more than women did. It appears that women are not invested in sexual economics, but rather, men are invested in patriarchy, even when it means raising the price of sexual relations. © The Author(s) 2014.

  19. Using a commodity high-definition television for collaborative structural biology.

    Science.gov (United States)

    Yennamalli, Ragothaman; Arangarasan, Raj; Bryden, Aaron; Gleicher, Michael; Phillips, George N

    2014-06-01

    Visualization of protein structures using stereoscopic systems is frequently needed by structural biologists working to understand a protein's structure-function relationships. Often several scientists are working as a team and need simultaneous interaction with each other and the graphics representations. Most existing molecular visualization tools support single-user tasks, which are not suitable for a collaborative group. Expensive caves, domes or geowalls have been developed, but the availability and low cost of high-definition televisions (HDTVs) and game controllers in the commodity entertainment market provide an economically attractive option to achieve a collaborative environment. This paper describes a low-cost environment, using standard consumer game controllers and commercially available stereoscopic HDTV monitors with appropriate signal converters for structural biology collaborations employing existing binary distributions of commonly used software packages like Coot , PyMOL , Chimera , VMD , O , Olex2 and others.

  20. An analysis on types of strategic commodities and technologies

    International Nuclear Information System (INIS)

    Tae, Jaewoong; Shin, Donghun

    2013-01-01

    In the study, Reconsideration of classification cases was carried out and a database was built based on Information of classification requests as features which are necessary for data mining. In this study, two main features of classified documents were organized systematically to apply data mining skills. It will be helpful to discover association rules between documents and to classify documents as they are key factors of strategic commodity classification. In addition, the classification scheme presented in the study helps step-by-step search by adding the auxiliary search criteria. The international community strengthened the export control regime. Accordingly, Korea also needs to fully comply with the export control obligations. Despite International export control regimes are strengthened, the current system to control exports of strategic commodities relies on limited human resource and experience to the situation. Especially, exports of nuclear power plants are related to one thousand kinds more material. Thus, the burden of the government, relevant institutes and enterprises has increased a lot. It is necessary to enhance the ease and efficiency of export control business processes in order to cope with such export control issues. NSSC operates the NEPS system for export control of nuclear items. Technical reviewers can search past cases of strategic commodity classification on NEPS system. However, searching function of NEPS system has limitations because exports to UAE and Jordan increased sharply, but characteristics of classification requests are not systematized. To provide more efficient ways to their decisions, development of the advanced export control system, IXCS (Intelligent eXport Control System) is considered. IXCS will adopt various methods including data mining. Data mining is the computational process of discovering patterns in large data sets. It is an efficient way to find out hidden consideration patterns. However, it needs many kinds of

  1. Regiones-commodities: Crisis y contagio en Chile

    OpenAIRE

    Antonio Daher

    2003-01-01

    La hipótesis de un nuevo dualismo entre una capital subglobal y sus "regiones-commodities" subyace en el estudio del impacto diferencial de las tres últimas crisis internacionales en las regiones de Chile, cuantificado a través de cuatro indicadores: el producto, el empleo, la inversión externa y las exportaciones, cuya variación permite verificar la disímil vulnerabilidad de cada región y su desigual exposición al riesgo de contagio de crisis. Fundamentado en un marco conceptual que sostiene...

  2. Approximator: Predicting Interruptibility in Software Development with Commodity Computers

    DEFF Research Database (Denmark)

    Tell, Paolo; Jalaliniya, Shahram; Andersen, Kristian S. M.

    2015-01-01

    Assessing the presence and availability of a remote colleague is key in coordination in global software development but is not easily done using existing computer-mediated channels. Previous research has shown that automated estimation of interruptibility is feasible and can achieve a precision...... closer to, or even better than, human judgment. However, existing approaches to assess interruptibility have been designed to rely on external sensors. In this paper, we present Approximator, a system that estimates the interruptibility of a user based exclusively on the sensing ability of commodity...

  3. Clinical assessment, design and performance testing of mobile shower commodes for adults with spinal cord injury: an exploratory review.

    Science.gov (United States)

    Friesen, Emma; Theodoros, Deborah; Russell, Trevor

    2013-07-01

    The purpose of this article is to explore evidence concerning clinical assessment, design and performance testing of mobile shower commodes used by adults with spinal cord injury (SCI). Searches of electronic databases, conference proceedings and key journals were undertaken with no restriction on language or study design. Keywords included spinal cord injury, lesion, sanichair, sanitary chair, shower chair, bowel chair and commode. A total of 20 publications were included in this review. Common approaches to clinical assessments were questionnaires and observational analysis to assess bowel care routines, function and skin integrity. Design features addressed access for bowel care, postural support, transfers, stability, use in wet environments and skin integrity. Objective performance measures addressed requirements for static stability, backward-sloping seat angles, arm supports and seat materials. Evidence reviewed was of low methodological quality and lacking in validated instruments to guide clinical practice. Further high-quality research is needed to identify bathing, showering and personal hygiene tasks affecting mobile shower commodes use and to develop validated clinical assessment tools. Performance testing to published standards is also needed.

  4. Is voluntary certification of tropical agricultural commodities achieving sustainability goals for small-scale producers? A review of the evidence

    Science.gov (United States)

    DeFries, Ruth S.; Fanzo, Jessica; Mondal, Pinki; Remans, Roseline; Wood, Stephen A.

    2017-03-01

    Over the last several decades, voluntary certification programs have become a key approach to promote sustainable supply chains for agricultural commodities. These programs provide premiums and other benefits to producers for adhering to environmental and labor practices established by the certifying entities. Following the principles of Cochrane Reviews used in health sciences, we assess evidence to evaluate whether voluntary certification of tropical agricultural commodities (bananas, cocoa, coffee, oil palm, and tea) has achieved environmental benefits and improved economic and social outcomes for small-scale producers at the level of the farm household. We reviewed over 2600 papers in the peer-review literature and identified 24 cases of unique combinations of study area, certification program, and commodity in 16 papers that rigorously analyzed differences between treatment (certified households) and control groups (uncertified households) for a wide range of response variables. Based on analysis of 347 response variables reported in these papers, we conclude that certification is associated on average with positive outcomes for 34% of response variables, no significant difference for 58% of variables, and negative outcomes for 8% of variables. No significant differences were observed for different categories of responses (environmental, economic and social) or for different commodities (banana, coffee and tea), except negative outcomes were significantly less for environmental than other outcome categories (p = 0.01). Most cases (20 out of 24) investigated coffee certification and response variables were inconsistent across cases, indicating the paucity of studies to conduct a conclusive meta-analysis. The somewhat positive results indicate that voluntary certification programs can sometimes play a role in meeting sustainable development goals and do not support the view that such programs are merely greenwashing. However, results also indicate that

  5. Stochastic measures of network resilience: applications to waterway commodity flows.

    Science.gov (United States)

    Baroud, Hiba; Ramirez-Marquez, Jose E; Barker, Kash; Rocco, Claudio M

    2014-07-01

    Given the ubiquitous nature of infrastructure networks in today's society, there is a global need to understand, quantify, and plan for the resilience of these networks to disruptions. This work defines network resilience along dimensions of reliability, vulnerability, survivability, and recoverability, and quantifies network resilience as a function of component and network performance. The treatment of vulnerability and recoverability as random variables leads to stochastic measures of resilience, including time to total system restoration, time to full system service resilience, and time to a specific α% resilience. Ultimately, a means to optimize network resilience strategies is discussed, primarily through an adaption of the Copeland Score for nonparametric stochastic ranking. The measures of resilience and optimization techniques are applied to inland waterway networks, an important mode in the larger multimodal transportation network upon which we rely for the flow of commodities. We provide a case study analyzing and planning for the resilience of commodity flows along the Mississippi River Navigation System to illustrate the usefulness of the proposed metrics. © 2014 Society for Risk Analysis.

  6. Nutrition and food commodities in the 20th century.

    Science.gov (United States)

    Martini, Sharon A; Phillips, Marshall

    2009-09-23

    Nutrition in the 20th century is examined with respect to changes in the American diet due to changes in the economy and evolution from an agrarian to an industrialized society. The American farm family diet from two regions of the United States during the 1930s is studied on the basis of overall availability of food commodities. A discussion of the diet staples and differences in farm family health is presented and related to nutritional deficiencies. Beginning in the 1920s through the early 1930s dietary deficiencies became a major focus of public health officials in the United States. Identification of the cause of these human nutritional deficiencies prompted significant research by government agencies such as the U.S. Department of Agriculture, Food and Drug Administration, and National Institutes of Health. Medical schools, universities, pharmaceutical corporations, and private institutions directed their resources into basic chemical research and clinical trials to assess the role of vitamins, minerals, proteins, lipids, carbohydrates, and nutrients for improving human health and nutrition. Chemists played an important role in the discovery of vitamins, minerals, and essential nutrients, validating the efficacy through tedious clinical trials. They developed synthetic vitamins affording food manufacturers and pharmaceutical companies the opportunity to capitalize upon fortifying foods for consumers. The American chemist was also responsible for the development of commodities to maximize crop yield through pesticides and fertilizers.

  7. Rambutan Commodity Development Strategy as Regional Potential Product

    Directory of Open Access Journals (Sweden)

    Amin Pujiati

    2016-06-01

    Full Text Available The potential product of a region needs to be developed in order to improve the social welfare. Commonly, at harvest time, there is abundant horticulture commodity. Unluckily, the price of the commodity drops significantly. In other words, it costs extremely cheap. The purpose of research is analyzing the internal and external factors and determining an appropriate strategy for developing rambutan in Central Java, especially at Gunungpati District, Semarang, Central Java Province. The primary data of this research is obtained from 58 rambutan farmers that have been interviewed and have filled out the questionnaire forms. The secondary data is taken from the Central Bureau of Statistics, the monograph of the village and the internet by implementing the literature study method. Then, SWOT analysis is implemented for analizing the data. The internal factors that become the strengths are fertilized land for rambutan to grow and the farmers’ hereditary experiences in cultivating rambutan. Further, the lack of absorbing power of knowledge and technologies and the low existence of rambutan business are the weaknesses. Next, the external factor that becomes opportunity is the continuous increasing market demand, while the threat is the young generations having no interest in rambutan business. Finally, the stability (hold and maintain strategy should be implemented for developing rambutan business

  8. Ochratoxin A in Korean food commodities: occurrence and safety evaluation.

    Science.gov (United States)

    Park, Je Won; Chung, Soo-Hyun; Kim, Young-Bae

    2005-06-01

    To evaluate the exposure of Koreans to ochratoxin A, we conducted a survey in 2003 for ochratoxin A in various domestic food commodities: 60 polished rices, 22 barleys, 35 wheat flours, 46 beers, and 14 unstrained rice wine (makkolli) samples. They were analyzed for ochratoxin A using immunoaffinity column and high-performance liquid chromatography (HPLC)-fluorescence detection, and the positive samples were confirmed using HPLC-tandem mass spectrometry. By combining results from different surveys on the levels of ochratoxin A in selected foods and the consumption patterns, we obtained the Korean probable daily intakes (PDI) of ochratoxin A. The polished rice commodity had the highest mean levels of ochratoxin A, which ranged from 0.2 (not detected, i.e., ND = 0) to 1.0 ng/g (ND = limit of detection, i.e., LOD). The estimated PDI for all Koreans fell into the range of 0.8-4.1 ng/kg bw/day, while for heavy consumers the estimates ranged from 1.7 to 9.1 ng/kg bw/day, which did not exceed the PTDI value (14 ng/kg bw/day). Staple rice is the major contributor (>90%) to the Korean dietary intake of ochratoxin A. On the basis of these estimates, it may be concluded that there is at present no considerable risk of ochratoxin A exposure for the average Korean consumer.

  9. Response of tropical horticultural commodities to insect disinfestation treatments

    International Nuclear Information System (INIS)

    Paull, R.E.

    1994-01-01

    There is a need to develop effective, non-damaging, non-polluting, non-carcinogenic procedures for insect disinfestation and disease control in fresh horticultural products. The loss of ethylene dibromide as a fumigant and the uncertainties of other fumigants, has meant that alternatives are needed. The most likely possibilities include irradiation, heat, cold and controlled atmospheres. Irradiation doses required for sterilization of insects cause only minor physiological changes, while controlled atmospheres appear to require longer periods of exposure than the postharvest life of most tropical fruit. The sensitivity of tropical commodities to temperatures less than 10°C makes cold treatments inappropriate for most tropical commodities. Heat treatments seem to be most promising. For papaya, the requirement is that the fruit core temperature reach 47.2°C, this can occasionally disrupt fruit ripening. The sensitivity to heat is modified by seasonal, variety and rate of heating factors. The sensitivity can be related to the heat shock response and the presence of heat shock proteins. (author)

  10. Balancing Acts: Culture as Commodity Among Business Consultants

    Directory of Open Access Journals (Sweden)

    Elias Mellander

    2013-09-01

    Full Text Available In this article the authors intend to analyze how the concept of culture is packaged, sold and delivered as a commodity. It is based on an ethnographic study of a Swedish consultancy in the field of cross-cultural communication and the relationship between the company and its clients. The clients were primarily foreign executives working in Sweden or Swedish expatriates, preparing for life abroad. The significance of culture-as-commodity will be explored from the perspective of the company as well as its clients in order to shed light on how the concept of culture can be communicated and what happens to it in the process. The study shows how the company combines theoretical perspectives from anthropology and intercultural communication with the aim to deliver a complex yet accessible understanding of culture to its clients. The analysis shows that these perspectives both clash and synergize, creating contradictions as well as turning culture into an accessible and useful tool for clients. The authors argue that researchers in the field of applied cultural analysis can learn from the example put forth by the balancing act between these two perspectives on culture performed by the company. The authors conclude that although the commodification process reduces and simplifies the meaning(s of culture, the company still manages to put culture on the agenda, demonstrating to its clients how, why, and in what ways it matters to them.

  11. The changing dynamics between biofuels and commodity markets

    International Nuclear Information System (INIS)

    Bole, T.; Londo, H.M.

    2008-06-01

    The recent development of the biofuel industries coincides with significant increases in prices of basic commodities such as food and feed. Against popular perception, it appears that there is not a straightforward causal relationship between the two; there are a number of factors that determine the level and strength of the impact of the biofuels sector on other commodities. For the case of markets of agricultural raw material these factors include the amount of feedstock claimed by the biofuels industry, its relative purchasing power, the responsiveness of the agricultural sector to price incentives and availability of substitutes. For consumer food markets we must additionally consider the relative share of agricultural input costs in the retail food price and the demand elasticity. Based on the analysis of these factors and estimates of other studies that attempted to quantify the price impacts of biofuels on crop prices, we conclude that the impact of biofuels is relatively small, especially when compared with other causes that triggered the recent price increases. We end the paper with a recommendation for future efforts in curbing food price inflations while keeping ambitious biofuel targets and suggest a shift in focus of the debate around the social costs of biofuels

  12. Rambutan Commodity Development Strategy as Regional Potential Product

    Directory of Open Access Journals (Sweden)

    Amin Pujiati

    2016-06-01

    Full Text Available The potential product of a region needs to be developed in order to improve the social welfare. Commonly, at harvest time, there is abundant horticulture commodity. Unluckily, the price of the commodity drops significantly. In other words, it costs  extremely cheap. The purpose of research is analyzing the internal and external factors and determining an appropriate strategy for developing rambutan in Central Java, especially at Gunungpati District, Semarang, Central Java Province. The primary data of this research is obtained from 58 rambutan farmers that have been interviewed and have filled out the questionnaire forms. The secondary data is taken from the Central Bureau of Statistics, the monograph of the village and the internet by implementing the literature study method. Then, SWOT analysis is implemented for analizing the data. The internal factors that become the strengths are fertilized land for rambutan to grow and the farmers’ hereditary experiences in cultivating rambutan. Further, the lack of absorbing power of knowledge and technologies and the low existence of rambutan business are the weaknesses. Next, the external factor that becomes opportunity is the continuous increasing market demand, while the threat is the young generations having no interest in rambutan business. Finally, the stability (hold and maintain strategy should be implemented for developing rambutan business

  13. Survey of Alternative Feedstocks for Commodity Chemical Manufacturing

    Energy Technology Data Exchange (ETDEWEB)

    McFarlane, Joanna [ORNL; Robinson, Sharon M [ORNL

    2008-02-01

    The current high prices for petroleum and natural gas have spurred the chemical industry to examine alternative feedstocks for the production of commodity chemicals. High feedstock prices have driven methanol and ammonia production offshore. The U.S. Chemical Industry is the largest user of natural gas in the country. Over the last 30 years, alternatives to conventional petroleum and natural gas feedstocks have been developed, but have limited, if any, commercial implementation in the United States. Alternative feedstocks under consideration include coal from unconventional processing technologies, such as gasification and liquefaction, novel resources such as biomass, stranded natural gas from unconventional reserves, and heavy oil from tar sands or oil shale. These feedstock sources have been evaluated with respect to the feasibility and readiness for production of the highest volume commodity chemicals in the United States. Sources of organic compounds, such as ethanol from sugar fermentation and bitumen-derived heavy crude are now being primarily exploited for fuels, rather than for chemical feedstocks. Overall, government-sponsored research into the use of alternatives to petroleum feedstocks focuses on use for power and transportation fuels rather than for chemical feedstocks. Research is needed to reduce cost and technical risk. Use of alternative feedstocks is more common outside the United States R&D efforts are needed to make these processes more efficient and less risky before becoming more common domestically. The status of alternative feedstock technology is summarized.

  14. 17 CFR 1.1 - Fraud in or in connection with transactions in foreign currency subject to the Commodity Exchange...

    Science.gov (United States)

    2010-04-01

    ... transactions in foreign currency subject to the Commodity Exchange Act. 1.1 Section 1.1 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT Definitions § 1.1 Fraud in or in connection with transactions in foreign currency subject to the...

  15. 17 CFR 33.6 - Suspension or revocation of designation as a contract market for the trading of commodity options.

    Science.gov (United States)

    2010-04-01

    ... trading presents a substantial risk to the public interest. (Approved by the Office of Management and... designation as a contract market for the trading of commodity options. 33.6 Section 33.6 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION REGULATION OF DOMESTIC EXCHANGE-TRADED COMMODITY...

  16. Analysis of physical flows in primary commodity trade. A case study in China

    International Nuclear Information System (INIS)

    Ma, Tao; Li, Bo; Fang, Changming; Zhao, Bin; Luo, Yiqi; Chen, Jiakuan

    2006-01-01

    How globalization and international trade affect sustainable development and environment has attracted worldwide attention. Associated with the import and export of primary commodities, ecologically important materials have been exchanged among regions and countries. China, having the largest population in the world and the highest economic growth rate in last decades, may have an important influence on global sustainable development through the trade of primary commodities. Using the data from Almanac of China's Foreign Economic Relations and Trade, we analyzed material flows in the trade of primary commodity in China from 1950 to 2001. Our analysis shows that: (1) China has turned from a net exporter of primary commodities to a net importer; (2) minerals and fuels have been the major imports of primary commodities since 1992, just as well as foods and minerals did in 1980s; (3) most of the net imported primary commodities come from Oceania, Africa and Latin America. (author)

  17. Impact Of Proposed Commodity Transaction Tax On Futures Trading In India

    OpenAIRE

    Pravakar Sahoo; Rajiv Kumar

    2008-01-01

    Trading in commodity derivatives on exchange platforms is an instrument to achieve price discovery, better price risk management, besides helping macro-economy with better resource allocation. Since the inception (2003) of national online trading on multi-commodity exchange platforms, the trade volumes have grown exponentially. In the union budget 2008-09, the government has proposed to impose a commodity transaction tax (CTT) of 0.017%. Though the stated rationale for imposing higher taxes i...

  18. The Influence of Agricultural Commodity on F&B Company’s Performance in Indonesia

    OpenAIRE

    Rofikoh Rokhim; Puguh Setiawan

    2013-01-01

    This research examines the influence of agricultural commodity price movements on stock price and gross profit of food and beverage companies in Indonesia, as well as the effect of volatility prices of agricultural commodities. Using time series data of food and beverages (F&B) companies that are listed at the Indonesia Stock Exchange (IDX), this research calculating the event studies to find the abnormal returns. The results showed that the movement of agricultural commodity prices has a pos...

  19. International commodity prices and civil war outbreak: new evidence for Sub-Saharan Africa and beyond

    OpenAIRE

    Ciccone, Antonio

    2018-01-01

    A new dataset by Bazzi and Blattman (2014) allows examining the effects of international commodity prices on the risk of civil war outbreak with more comprehensive data. I find that international commodity price downturns sparked civil wars in Sub-Saharan Africa. Another finding with the new dataset is that commodity price downturns also sparked civil wars beyond Sub-Saharan Africa since 1980. Effects are sizable relative to the baseline risk of civil war outbreak. My conclusions contrast wit...

  20. Sources of contraceptive commodities for users in Nigeria.

    Directory of Open Access Journals (Sweden)

    2005-11-01

    Full Text Available BACKGROUND: Understanding the sources of contraceptive commodities is an important aspect of the delivery of family planning services and is required by planning programme managers for strategic planning purposes. Findings from the 2003 Nigeria Demographic and Health Survey have previously showed that the private sector was the most frequently reported source of contraceptive supply, providing contraception to two and a half times as many women as the public sector. We conducted a community-based study to examine further the sources of contraceptive commodity for users in Nigeria with a view to identifying their preferences for distribution centres. This information would be useful to improve commodity distribution and to build the necessary capacity for satisfactory delivery of contraceptives. METHODS AND FINDINGS: A multi-stage random sampling technique was used. A state was randomly selected to represent each of the four health zones in Nigeria. Two local government areas (LGAs were then selected representing both urban and rural areas. Ten enumeration areas were subsequently selected from each LGA. Of the 2,001 respondents aged 15-49 years, 1,647 (82.3% were sexually active, out of which 244 were found to be using contraceptive methods at the time of the study, giving a contraceptive prevalence of 14.8%. The commonest source of information on contraceptives was through friends (34%, followed by the radio (11.5% and husbands (10.2%. Most respondents procured their contraceptives from chemist/patent medicine shops (19.7%, while only 0.8% obtained them from designated family planning clinics. The younger groups in this study (15-24 years, single people, Catholics, and Muslims, showed a greater preference for chemist/patent medicine shops for their sources of contraceptives. The older groups and married respondents, however, made use of government and private hospitals to obtain their contraceptives. CONCLUSION: Strategies to increase

  1. Optimal commodity taxes for Brazil based on AIDS preferences

    Directory of Open Access Journals (Sweden)

    Seki Asano

    2004-03-01

    Full Text Available In this study we calculate optimal commodity taxes for Brazil. Simulations are based on the Almost Ideal Demand System , estimated using Brazilian household data. The trade off between equity and efficiency is taken into account by introducing a government aversion to inequality parameter into a social welfare function, which is maximized subject to a balanced government budget requirement. Our results show that the optimal commodity tax structure is characterized by selective tax rates when the only tax policy instrument available is commodity taxation. We extend the analysis by allowing for a uniform poll payment to be made by the government. In this case tax rates are regressive and poll transfer levels are unreasonably high. When we cap transfers with a binding ceiling the former pattern is restored. Comparing with Siqueira (1998, we have also observed a relative robustness of optimal tax rates to household preferences forms.O presente estudo tem como objetivo calcular a estrutura ótima da tributação sobre o consumo no Brasil. As simulações baseiam-se no sistema de demanda Almost Ideal Demand System estimados com dados da POF/IBGE. O trade off entre eqüidade e eficiência é incorporado no modelo com a introdução de um coeficiente de aversão à desigualdade social na função de bem-estar social, sujeita à restrição de receita do governo. Além da hipótese de que o único instrumento de política tributária disponível seja a tributação sobre o consumo, nosso modelo também admite a concessão de uma transferência uniforme lump sum de renda per capita do governo para todos os agentes econômicos. Os resultados mostram que a estrutura tributária sobre o consumo caracteriza-se pela seletividade das alíquotas, que se torna mais significativa para valores altos do parâmetro de aversão à desigualdade. Este resultado é revertido para uma estrutura tributária regressiva com a introdução de uma transferência uniforme lump

  2. Boom or bust : developing countries' rough ride on the commodity price rollercoaster

    International Nuclear Information System (INIS)

    Brown, O.; Gibson, J.

    2006-10-01

    Current high commodity prices are driven by strong demand from the emerging economies of China and India in addition to high consumption in the United States. Many developing countries are experiencing massive windfall revenues from high commodity prices. However, commodity prices are highly volatile in the short term, and can vary as much as 50 per cent in a single year. While developed country producers are supported by subsidies and social safety nets, developing countries and smallholder producers feel the extent of commodity price volatility more directly. Many developing countries are becoming locked into the production and export of primary commodities whose volatile prices are declining over the long term, and over which they have very little control. Price volatility makes sound fiscal planning difficult for both countries and producers. Price booms and busts also drive social inequalities, livelihood inequalities, and corruption. Price swings can cause conflict over valuable land and resources, and does not create incentives for sound environmental stewardship. This paper described the impacts of commodity price volatility in developing countries with the aim of promoting discussion about what can be done to help stabilize revenues for countries as well as producers. Price trends and their importance were reviewed, and the theoretical benefits of liberalized commodity markets were examined. Previous attempts to stabilize commodity prices were reviewed. It was concluded that the best long-term solution to the commodity price problem is economic diversification. Recommendations for promoting economic diversification were provided. 43 refs., 1 tab., 2 figs

  3. Aging management and life assessment of buried commodities in nuclear power plants

    International Nuclear Information System (INIS)

    Park, J. H.; Jung, I. S.; Jo, H. S.; Kim, M. G.; Kim, S. T.; Lee, S. S.

    2000-01-01

    General field survey, inspection and life assessment were performed to establish effective aging management program of buried commodities in nuclear power plant. Basic informations on material characteristics, aging degradation experiences and maintenance history were gathered. Considering their degradation effects on power operation or safety, buried commodities were screened for the aging management priority. Various inspection techniques were applied in field survey and inspection, and their results were incorporated in the life assessment of buried commodities. In the aspect of aging degradation, general status of buried commodities were considered still sound while some revealed local degradation

  4. 7 CFR 29.3182 - Key to standard grademarks.

    Science.gov (United States)

    2010-01-01

    ... Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE COMMODITY STANDARDS AND STANDARD CONTAINER... red. K—Variegated. M—Mixed. V—Greenish. VF—Greenish tan. VR—Greenish red. G—Green. GF—Green tan. GR...

  5. 7 CFR 29.1225 - Key to standard grademarks.

    Science.gov (United States)

    2010-01-01

    ... Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE COMMODITY STANDARDS AND STANDARD CONTAINER.... Groups B—Leaf. H—Smoking Leaf. C—Cutters. X—Lugs. P—Primings. M—Mixed Group. N—Nondescript. S—Scrap...

  6. 7 CFR 29.2481 - Key to standard grademarks.

    Science.gov (United States)

    2010-01-01

    ... Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE COMMODITY STANDARDS AND STANDARD CONTAINER.... 3—Good. 4—Fair. 5—Low. Colors L—Light brown. F—Medium brown. D—Dark brown. M—Mixed or variegated. G...

  7. 7 CFR 29.2696 - Key to standard grademarks.

    Science.gov (United States)

    2010-01-01

    ... Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE COMMODITY STANDARDS AND STANDARD CONTAINER.... 3—Good. 4—Fair. 5—Low. Colors L—Light brown. F—Medium brown. D—Dark brown. M—Mixed or variegates. VF...

  8. 7 CFR 29.3686 - Key to standard grademarks.

    Science.gov (United States)

    2010-01-01

    ... Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE COMMODITY STANDARDS AND STANDARD CONTAINER... 3—Good R—Reddish brown X—Lugs 4—Fair D—Dark brown N—Nondescript 5—Low M—Mixed S—Scrap G—Green [30 FR...

  9. Multi-Commodity Network Flow for Tracking Multiple People.

    Science.gov (United States)

    Ben Shitrit, Horesh; Berclaz, Jérôme; Fleuret, Francois; Fua, Pascal

    2014-08-01

    In this paper, we show that tracking multiple people whose paths may intersect can be formulated as a multi-commodity network flow problem. Our proposed framework is designed to exploit image appearance cues to prevent identity switches. Our method is effective even when such cues are only available at distant time intervals. This is unlike many current approaches that depend on appearance being exploitable from frame-to-frame. Furthermore, our algorithm lends itself to a real-time implementation. We validate our approach on three publicly available datasets that contain long and complex sequences, the APIDIS basketball dataset, the ISSIA soccer dataset, and the PETS'09 pedestrian dataset. We also demonstrate its performance on a newer basketball dataset that features complete world championship basketball matches. In all cases, our approach preserves identity better than state-of-the-art tracking algorithms.

  10. Metabolic engineering of cyanobacteria for the synthesis of commodity products.

    Science.gov (United States)

    Angermayr, S Andreas; Gorchs Rovira, Aleix; Hellingwerf, Klaas J

    2015-06-01

    Through metabolic engineering cyanobacteria can be employed in biotechnology. Combining the capacity for oxygenic photosynthesis and carbon fixation with an engineered metabolic pathway allows carbon-based product formation from CO(2), light, and water directly. Such cyanobacterial 'cell factories' are constructed to produce biofuels, bioplastics, and commodity chemicals. Efforts of metabolic engineers and synthetic biologists allow the modification of the intermediary metabolism at various branching points, expanding the product range. The new biosynthesis routes 'tap' the metabolism ever more efficiently, particularly through the engineering of driving forces and utilization of cofactors generated during the light reactions of photosynthesis, resulting in higher product titers. High rates of carbon rechanneling ultimately allow an almost-complete allocation of fixed carbon to product above biomass. Copyright © 2015 Elsevier Ltd. All rights reserved.

  11. A Massive Structured Data Storage Technology for Commodity Screening Applications

    Directory of Open Access Journals (Sweden)

    Xu Feng

    2017-01-01

    Full Text Available With the rapid development of e-commerce, the number of goods has become more and more. When commodity screening system is used to store and process mass information, the existing models require all nodes in the distributed system to work in parallel, then the results of each node are integrated to get the final results, the process produces a lot of invalid queries. In order to solve this problem, proposed a new distributed structured data storage method. It statistics the history search results and chooses the high frequency or core columns to be key columns. The data can be stored based key columns and distribute system architecture. Then in the searching stage, only some nodes work when the search refer to key columns. The results show that this method can reduce the tasks and improve the throughout without extra storage consumption.

  12. Commodity culture: tropical health and hygiene in the British Empire.

    Science.gov (United States)

    Johnson, Ryan

    2008-06-01

    Before heading to a 'tropical' region of the Empire, British men and women spent considerable time and effort gathering outfit believed essential for their impending trip. Ordinary items such as soap, clothing, foodstuffs and bedding became transformed into potentially life-saving items that required the fastidious attention of any would-be traveller. Everyone from scientists and physicians to missionaries and administrators was bombarded by relentless advertising and abundant advice about the outfit needed to preserve health in a tropical climate. A closer look at this marketing exercise reveals much about the way people thought about tropical people, places, health and hygiene and how scientific and commercial influences shaped this Imperial commodity culture.

  13. FUNGIBILITY AND CONSUMER CHOICE: EVIDENCE FROM COMMODITY PRICE SHOCKS*

    Science.gov (United States)

    Hastings, Justine S.; Shapiro, Jesse M.

    2015-01-01

    We formulate a test of the fungibility of money based on parallel shifts in the prices of different quality grades of a commodity. We embed the test in a discrete-choice model of product quality choice and estimate the model using panel microdata on gasoline purchases. We find that when gasoline prices rise consumers substitute to lower octane gasoline, to an extent that cannot be explained by income effects. Across a wide range of specifications, we consistently reject the null hypothesis that households treat “gas money” as fungible with other income. We compare the empirical fit of three psychological models of decision-making. A simple model of category budgeting fits the data well, with models of loss aversion and salience both capturing important features of the time series. PMID:26937053

  14. FUNGIBILITY AND CONSUMER CHOICE: EVIDENCE FROM COMMODITY PRICE SHOCKS.

    Science.gov (United States)

    Hastings, Justine S; Shapiro, Jesse M

    2013-11-01

    We formulate a test of the fungibility of money based on parallel shifts in the prices of different quality grades of a commodity. We embed the test in a discrete-choice model of product quality choice and estimate the model using panel microdata on gasoline purchases. We find that when gasoline prices rise consumers substitute to lower octane gasoline, to an extent that cannot be explained by income effects. Across a wide range of specifications, we consistently reject the null hypothesis that households treat "gas money" as fungible with other income. We compare the empirical fit of three psychological models of decision-making. A simple model of category budgeting fits the data well, with models of loss aversion and salience both capturing important features of the time series.

  15. Fast Drying of Agriculture Commodities by Using Microwave

    Science.gov (United States)

    Ode Ngkoimani, La; Megawati; Purwana Saputra, Gde; Cahyono, Edi; Aripin, Haji; Gde Suastika, Komang; Nyoman Sudiana, I.

    2017-05-01

    Some progress has been made and reported previously due to investigate microwave effects to materials. The microwave applications for material processing by using wide range microwave frequencies such as in sintering, chemical reaction, and drying have been performed. Microwave drying is based on a unique volumetric heating mode with electromagnetic radiation at 2,450 MHz. However, the quest for a what a true microwave effect is still plagued with difficulties. This paper provides a experimental and theoretical analysis of drying materials using microwave. For drying experiments, in this investigation, we were using a domestic microwave oven which operated at three power levels for drying chamber. The samples are agriculture commodity collected from local farmers. The experimental results show that microwave accelerate drying in most materials. The experimental data were analyzed by using an available model constructed from fundamental physics by other scholars. The model has been applied to more understanding the behavior of the microwave drying material.

  16. Regiones-commodities: Crisis y contagio en Chile

    Directory of Open Access Journals (Sweden)

    Antonio Daher

    2003-05-01

    Full Text Available La hipótesis de un nuevo dualismo entre una capital subglobal y sus "regiones-commodities" subyace en el estudio del impacto diferencial de las tres últimas crisis internacionales en las regiones de Chile, cuantificado a través de cuatro indicadores: el producto, el empleo, la inversión externa y las exportaciones, cuya variación permite verificar la disímil vulnerabilidad de cada región y su desigual exposición al riesgo de contagio de crisis. Fundamentado en un marco conceptual que sostiene que las crisis siguen siendo más regionales que globales, y que existe una verdadera geografía del contagio, el estudio muestra evidencia empírica que permite constatar: 1 la reproducción de un desbalance norte-sur al interior de Chile; 2 la doble paradoja de Santiago, cuya economía es la más diversificada y la más vulnerable, la más recesiva y la de mayor crecimiento; 3 la emergencia de Antofagasta como segunda economía regional de Chile, desplazando a Valparaíso y Concepción; 4 el paralelismo de Santiago y Antofagasta como regiones con el mayor producto, la mayor inversión extranjera y mayores exportaciones; y 5 la "mercosurización" de Santiago, capital subglobal, y la globalización de sus "regiones-commodities".The hypothesis of a new dualism between a sub-global capital city and its "commodities regions" underlies the study of the differential impact of the three last international crises on the regions of Chile. This impact is quantified through four indicators: product, employment, foreign investment and exports, and their variability allow the verification of the dissimilar vulnerability of each region and its dissimilar exposure to the risk of crisis contamination. The study is based on a conceptual frame that states that crisis continue to be more regional-like than global, and that there is a real geography of contamination. On the other hand, this study shows empirical evidence which makes it possible to verify: 1 the

  17. Trade in water and commodities as adaptations to global change

    Science.gov (United States)

    Lammers, R. B.; Hertel, T. W.; Prousevitch, A.; Baldos, U. L. C.; Frolking, S. E.; Liu, J.; Grogan, D. S.

    2015-12-01

    The human capacity for altering the water cycle has been well documented and given the expected change due to population, income growth, biofuels, climate, and associated land use change, there remains great uncertainty in both the degree of increased pressure on land and water resources and in our ability to adapt to these changes. Alleviating regional shortages in water supply can be carried out in a spatial hierarchy through i) direct trade of water between all regions, ii) development of infrastructure to improve water availability within regions (e.g. impounding rivers), iii) via inter-basin hydrological transfer between neighboring regions and, iv) via virtual water trade. These adaptation strategies can be managed via market trade in water and commodities to identify those strategies most likely to be adopted. This work combines the physically-based University of New Hampshire Water Balance Model (WBM) with the macro-scale Purdue University Simplified International Model of agricultural Prices Land use and the Environment (SIMPLE) to explore the interaction of supply and demand for fresh water globally. In this work we use a newly developed grid cell-based version of SIMPLE to achieve a more direct connection between the two modeling paradigms of physically-based models with optimization-driven approaches characteristic of economic models. We explore questions related to the global and regional impact of water scarcity and water surplus on the ability of regions to adapt to future change. Allowing for a variety of adaptation strategies such as direct trade of water and expanding the built water infrastructure, as well as indirect trade in commodities, will reduce overall global water stress and, in some regions, significantly reduce their vulnerability to these future changes.

  18. Reconciling biofuels, sustainability and commodities demand. Pitfalls and policy options

    International Nuclear Information System (INIS)

    Uslu, A.; Bole, T.; Londo, M.; Pelkmans, L.; Berndes, G.; Prieler, S.; Fischer, G.; Cueste Cabal, H.

    2010-06-01

    Increasing fossil fuel prices, energy security considerations and environmental concerns, particularly concerning climate change, have motivated countries to explore alternative energy sources including biofuels. Global demand for biofuels has been rising rapidly due to biofuel support policies established in many countries. However, proposed strong links between biofuels demand and recent years' high food commodity prices, and notions that increasing biofuels production might bring about serious negative environmental impacts, in particularly associated with the land use change to biofuel crops, have shifted public enthusiasm about biofuels. In this context, the ELOBIO project aims at shedding further light to these aspects of biofuel expansion by collecting and reviewing the available data, and also developing strategies to decrease negative effects of biofuels while enabling their positive contribution to climate change, security of supply and rural development. ELOBIO considers aspects associated with both 1st and 2nd generation biofuels, hence analyses effects on both agricultural commodity markets and lignocellulosic markets. This project, funded by the Intelligent Energy Europe programme, consists of a review of current experiences with biofuels and other renewable energy policies and their impacts on other markets, iterative stakeholder-supported development of low-disturbing biofuels policies, model supported assessment of these policies' impacts on food, feed and lignocellulosic markets, and finally an assessment of the effects of selected optimal policies on biofuels costs and potentials. Results of the ELOBIO study show that rapid biofuel deployment without careful monitoring of consequences and implementation of mitigating measures risks leading to negative consequences. Implementing ambitious global biofuel targets for 2020, based on current 1st generation technologies, can push international agricultural commodity prices upwards and increase crop

  19. Nutritional Standards for School Nutrition Programs.

    Science.gov (United States)

    New Jersey State Dept. of Education, Trenton. Bureau of Child Nutrition Programs.

    This document identifies the federal nutrition standards required in order to claim cash reimbursement and donated United States Department of Agriculture (USDA) commodities for meals served through school lunch or school breakfast programs. Minimum serving requirements for school lunch and school breakfast patterns are detailed by age/grade…

  20. 77 FR 55183 - Effectiveness of Licensing Procedures for Agricultural Commodities to Cuba

    Science.gov (United States)

    2012-09-07

    ...] Effectiveness of Licensing Procedures for Agricultural Commodities to Cuba AGENCY: Bureau of Industry and... Administration Regulations for the export of agricultural commodities to Cuba. BIS will include a description of...), to Cuba. Requirements and procedures associated with such authorization are set forth in Sec. 740.18...

  1. 75 FR 54594 - Effectiveness of Licensing Procedures for Agricultural Commodities to Cuba

    Science.gov (United States)

    2010-09-08

    ...] Effectiveness of Licensing Procedures for Agricultural Commodities to Cuba AGENCY: Bureau of Industry and... Administration Regulations for the export of agricultural commodities to Cuba. BIS will include a description of...), to Cuba. Requirements and procedures associated with such authorization are set forth in section 740...

  2. Cross-commodity delay discounting of alcohol and money in alcohol users.

    Science.gov (United States)

    Moody, Lara N; Tegge, Allison N; Bickel, Warren K

    2017-06-01

    Despite real-world implications, the pattern of delay discounting in alcohol users when the commodities now and later differ has not been well characterized. In this study, 60 participants on Amazon's Mechanical Turk completed the Alcohol Use Disorder Identification Test (AUDIT) to assess severity of use and completed four delay discounting tasks between hypothetical, equivalent amounts of alcohol and money available at five delays. The tasks included two cross-commodity (alcohol now-money later and money now-alcohol later) and two same-commodity (money now-money later and alcohol now-alcohol later) conditions. Delay discounting was significantly associated with clinical cutoffs of the AUDIT for both of the cross-commodity conditions but not for either of the same-commodity delay discounting tasks. The cross-commodity discounting conditions were related to severity of use wherein heavy users discounted future alcohol less and future money more. The change in direction of the discounting effect was dependent on the commodity that was distally available suggesting a distinctive pattern of discounting across commodities when comparing light and heavy alcohol users.

  3. 75 FR 46843 - Amendment to the International Traffic in Arms Regulations: Commodity Jurisdiction

    Science.gov (United States)

    2010-08-04

    ... Jurisdiction AGENCY: Department of State. ACTION: Final rule. SUMMARY: The Department of State is amending the... jurisdiction determination using ``Commodity Jurisdiction (CJ) Determination Form'' (Form DS-4076). DATES... INFORMATION: A new form entitled ``Commodity Jurisdiction (CJ) Determination Form'' (Form DS-4076) has been...

  4. 77 FR 49054 - 60-Day Notice of Proposed Information Collection: Request for Commodity Jurisdiction...

    Science.gov (United States)

    2012-08-15

    ... Notice of Proposed Information Collection: Request for Commodity Jurisdiction Determination, Form DS-4076... Collection: Request for Commodity Jurisdiction (CJ) Determination. OMB Control Number: 1405-0163. Type of.... Munitions List, and therefore is subject to export licensing jurisdiction of the Department of State. This...

  5. Environmental Certification of Forests: The Evolution of Environmental Governance in a Commodity Network

    Science.gov (United States)

    Klooster, Dan

    2005-01-01

    Non-governmental organizations (NGOs) influence social and environmental aspects of commodity production through certification schemes like organic and forest certification. As these become mainstream, however, they are often compromised by the interests of more powerful agents. Utilizing the concept of governance in global commodity networks,…

  6. 76 FR 13972 - United States Warehouse Act; Export Food Aid Commodities Licensing Agreement

    Science.gov (United States)

    2011-03-15

    ... the authority of the USWA, for export food aid commodity facility storage and handling? What general... DEPARTMENT OF AGRICULTURE Farm Service Agency United States Warehouse Act; Export Food Aid.... SUMMARY: The Farm Service Agency (FSA) proposes adding export food aid commodities (EFAC) to the...

  7. 22 CFR 201.64 - Application of the price rules to commodities.

    Science.gov (United States)

    2010-04-01

    .... 201.64 Section 201.64 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT RULES AND PROCEDURES... purchase price of a commodity exceeds the price in comparable export sales or in comparable domestic sales... the determination of any prevailing market price of any commodity or any prevailing price or maximum...

  8. Energy and Food Commodity Prices Linkage: An Examination with Mixed-Frequency Data

    NARCIS (Netherlands)

    Trujillo Barrera, A.A.; Pennings, J.M.E.

    2013-01-01

    Abstract Is the relationship between energy and agricultural commodities an important factor in the increasing price variability of food commodities? Findings from the literature appear to be mixed and highly influenced by the data frequency used in those analysis. A recurrent task in time series

  9. Testing usability of Mobile Shower Commodes for adults with Spinal Cord Injury: research method and overview.

    Science.gov (United States)

    Friesen, Emma L; Russell, Trevor G; Theodoros, Deborah

    2015-01-01

    This paper provides an overview of research to develop a new questionnaire testing mobile shower commode usability. It describes the methodology used to develop the questionnaire, and reports significant findings that have been published in peer-reviewed journals. Implications of the research and recommendations for further research on mobile shower commode usability are discussed.

  10. 76 FR 28755 - Performance of Certain Functions by National Futures Association With Respect to Commodity Pool...

    Science.gov (United States)

    2011-05-18

    ... COMMISSION Performance of Certain Functions by National Futures Association With Respect to Commodity Pool... respect to pools whose units are listed and traded on a national securities exchange (Commodity ETFs); and... Commission has taken with respect to delegating to NFA various responsibilities under Part 4 of the...

  11. Crushing Candy: The Free-to-Play Game in Its Connective Commodity Form

    Directory of Open Access Journals (Sweden)

    David B. Nieborg

    2015-12-01

    Full Text Available The goal of this article is to add a complementary perspective to the study of social network sites by surveying how the political economy of social media platforms relates to the structure of free-to-play games in their commodity form. Drawing on the theory of multisided markets and critical political economy, this article surveys the political economy of game apps and investigates how it is symbiotically related to the technological and economic logic underlying connective platforms operated by Google, Apple, Facebook, and Amazon. These social media platforms operate app stores that sustain the transformation of games as fixed, physically distributed products that follow a transaction logic, into digitally distributed, freely accessible, or “free-to-play” apps. Through a case study of the popular casual game Candy Crush Saga it is contended that the connective properties of social media platforms affect the form and format of game apps as cultural commodities. Candy Crush Saga developer King Digital Entertainment has been able to attract hundreds of millions of players and build a business model that combines the commodification of virtual items, connectivity, user attention, user data, and play. It is argued that the free-to-play commodity form comprises three commodity types: the product commodity, the “prosumer commodity,” and the player commodity. Furthermore, Candy Crush Saga ’s commodity form is structured by a platformed modality of cultural production and circulation and therefore embedded in the political economy of its host platform.

  12. Trade tensions between EU and Russia: Possible effects on trade in agricultural commodities for Visegrad countries

    NARCIS (Netherlands)

    Erokhin, V.; Heijman, W.J.M.; Ivolga, A.

    2014-01-01

    The paper includes overview of the current state of the EU-CIS and the EU-Russia trade flows with particular attention to trade in agricultural commodities, as well as contemporary tendencies in agricultural production and foreign trade in agricultural commodities and food in Russia. The paper

  13. The Influence of Agricultural Commodity on F&B Company’s Performance in Indonesia

    Directory of Open Access Journals (Sweden)

    Rofikoh Rokhim

    2013-04-01

    Full Text Available This research examines the influence of agricultural commodity price movements on stock price and gross profit of food and beverage companies in Indonesia, as well as the effect of volatility prices of agricultural commodities. Using time series data of food and beverages (F&B companies that are listed at the Indonesia Stock Exchange (IDX, this research calculating the event studies to find the abnormal returns. The results showed that the movement of agricultural commodity prices has a positive effect on stock prices of F&B companies, with the dominant influence of commodity prices of corn and sugar. Agricultural commodity prices also affect positively on gross profit F&B companies, with the dominant influence of commodity prices of corn and palm oil. The increase in prices of agricultural commodities simultaneously affect the value of a positive cumulative abnormal return for stocks of F&B companies. The results also showed that the decline of agricultural commodities simultaneously affect the value of negative cumulative abnormal return for stocks of F&B companies.

  14. 16 CFR 500.13 - Measurement of commodities by area measure only, how expressed.

    Science.gov (United States)

    2010-01-01

    ... commodities by area measure only, how expressed. For commodities measured in terms of area measure only declaration of net quantity in terms of square yards, square feet, and square inches shall be expressed in the... only, how expressed. 500.13 Section 500.13 Commercial Practices FEDERAL TRADE COMMISSION RULES...

  15. 16 CFR 500.16 - Measurement of container type commodities, how expressed.

    Science.gov (United States)

    2010-01-01

    ... commodities shall be expressed as follows: (1) For bag type commodities, in terms of count followed by linear... a dimension of 2 feet or more will be expressed in feet with any remainder in terms of inches or...) When the unit bag is gussetted, the dimensions will be expressed as width, depth and length in terms of...

  16. Effects of Regulation and Technology on End Uses of Nonfuel Mineral Commodities in the United States

    Science.gov (United States)

    Matos, Grecia R.

    2007-01-01

    The regulatory system and advancement of technologies have shaped the end-use patterns of nonfuel minerals used in the United States. These factors affected the quantities and types of materials used by society. Environmental concerns and awareness of possible negative effects on public health prompted numerous regulations that have dramatically altered the use of commodities like arsenic, asbestos, lead, and mercury. While the selected commodities represent only a small portion of overall U.S. materials use, they have the potential for harmful effects on human health or the environment, which other commodities, like construction aggregates, do not normally have. The advancement of technology allowed for new uses of mineral materials in products like high-performance computers, telecommunications equipment, plasma and liquid-crystal display televisions and computer monitors, mobile telephones, and electronic devices, which have become mainstream products. These technologies altered the end-use pattern of mineral commodities like gallium, germanium, indium, and strontium. Human ingenuity and people?s demand for different and creative services increase the demand for new materials and industries while shifting the pattern of use of mineral commodities. The mineral commodities? end-use data are critical for the understanding of the magnitude and character of these flows, assessing their impact on the environment, and providing an early warning of potential problems in waste management of products containing these commodities. The knowledge of final disposition of the mineral commodity allows better decisions as to how regulation should be tailored.

  17. General Equilibrium Model with a Convex Cone as the Set of Commodity Bundles

    NARCIS (Netherlands)

    Schalk, S.

    1996-01-01

    In this paper, we present a model for an exchange economy which is an extension of the classical model as introduced by Arrow and Debreu.In the classical model, there is a nite number of commodi- ties and a nite number of consumers.The commodities are treated separately, and so a commodity bundle is

  18. A route-based decomposition for the Multi-Commodity k-splittable Maximum Flow Problem

    DEFF Research Database (Denmark)

    Gamst, Mette

    2012-01-01

    The Multi-Commodity k-splittable Maximum Flow Problem routes flow through a capacitated graph such that each commodity uses at most k paths and such that the total amount of routedflow is maximized. This paper proposes a branch-and-price algorithm based on a route-based Dantzig-Wolfe decomposition...

  19. Hot Money Flows, Commodity Price Cycles, and Financial Repression in the US and the People’s Republic of China: The Consequences of Near Zero US Interest Rates

    OpenAIRE

    McKinnon, Ronald; Liu, Zhao

    2013-01-01

    Under near zero United States (US) interest rates, the international dollar standard malfunctions. Emerging markets with naturally higher interest rates are swamped with "hot money" inflows. Emerging market central banks intervene to prevent their currencies from rising precipitously. They subsequently lose monetary control and begin inflating. Primary commodity prices rise worldwide unless interrupted by an international banking crisis. This cyclical inflation on the dollar’s periphery only ...

  20. Commodity Market Inefficiencies and Inflationary Pressures - India’s Economic Policy Dilemma

    Directory of Open Access Journals (Sweden)

    Pankaj Kumar GUPTA

    2012-11-01

    Full Text Available With the current pace of growth, India would emerge as a major player in the international market in terms of commodity consumption, production and trade. Going by trade volume and also the possibly as an identifiable influence on the price making process on the essential commodities, the futures and spot markets have shown major variations. Increased volatility in asset prices has been a major reason behind the integration of domestic financial markets with the international financial sector accentuating the demand for the trading in the derivative market. Though organized commodity trading has been in from the nineteenth century in India, the commodity derivative markets in the new form with nationwide electronic trading and access have opened the gates for speculators, hedgers and other market participants to capitalize on the development. The robust growth of the commodity markets can be observed in terms of number of commodities trade volumes and growing number of both the market participants and the commodity exchanges. Liquidity booms reflected by loose monetary policy are responsible for major surge in commodity prices globally in addition to direct tangible impacts of oil prices especially in developing countries with heavy oil imports like India. Futures markets are created to fulfill genuine desires economic functions of hedging and price discovery. But, enormous futures trading observed on the commodity exchanges have raised a host of issues like inflation guided by the fuelling principle implying the direct relationship between volatility and inflation. Huge price volatility in futures segment on the commodity exchanges has therefore raised concerns relating to the market efficiencies, infrastructure and knowledge and also their consequential impact on cash markets. The demand and supply side of the commodity price mechanism is traditionally governed by numerous factors including the climatic conditions, availability of critical

  1. A Crosswalk of Mineral Commodity End Uses and North American Industry Classification System (NAICS) codes

    Science.gov (United States)

    Barry, James J.; Matos, Grecia R.; Menzie, W. David

    2015-09-14

    This crosswalk is based on the premise that there is a connection between the way mineral commodities are used and how this use is reflected in the economy. Raw mineral commodities are the basic materials from which goods, finished products, or intermediate materials are manufactured or made. Mineral commodities are vital to the development of the U.S. economy and they impact nearly every industrial segment of the economy, representing 12.2 percent of the U.S. gross domestic product (GDP) in 2010 (U.S. Bureau of Economic Analysis, 2014). In an effort to better understand the distribution of mineral commodities in the economy, the U.S. Geological Survey (USGS) attempts to link the end uses of mineral commodities to the corresponding North American Industry Classification System (NAICS) codes.

  2. Service Availability Monitoring Framework Based On Commodity Software

    Science.gov (United States)

    Andrade, P.; Babik, M.; Bhatt, K.; Chand, P.; Collados, D.; Duggal, V.; Fuente, P.; Imamagic, E.; Joshi, P.; Kalmady, R.; Karnani, U.; Kumar, V.; Tarragon, J.; Lapka, W.; Triantafyllidis, C.

    2012-12-01

    The Worldwide LHC Computing Grid (WLCG) infrastructure continuously operates thousands of grid services scattered around hundreds of sites. Participating sites are organized in regions and support several virtual organizations, thus creating a very complex and heterogeneous environment. The Service Availability Monitoring (SAM) framework is responsible for the monitoring of this infrastructure. SAM is a complete monitoring framework for grid services and grid operational tools. Its current implementation tailored for a decentralized operation replaces the old SAM system which is now being decommissioned from production. SAM provides functionality for submission of monitoring probes, gathering of probes results, processing of monitoring data, and retrieval of monitoring data in terms of service status, availability, and reliability. In this paper we present the SAM framework. We motivate the need from moving from the old SAM to a new monitoring infrastructure deployed and managed in a distributed environment and explain how SAM exploits and builds on top of commodity software, such as Nagios and Apache ActiveMQ, to provide a reliable and scalable system. We also present the SAM architecture by highlighting the adopted technologies and how the different SAM components deliver a complete monitoring framework.

  3. Precise Truss Assembly Using Commodity Parts and Low Precision Welding

    Science.gov (United States)

    Komendera, Erik; Reishus, Dustin; Dorsey, John T.; Doggett, W. R.; Correll, Nikolaus

    2014-01-01

    Hardware and software design and system integration for an intelligent precision jigging robot (IPJR), which allows high precision assembly using commodity parts and low-precision bonding, is described. Preliminary 2D experiments that are motivated by the problem of assembling space telescope optical benches and very large manipulators on orbit using inexpensive, stock hardware and low-precision welding are also described. An IPJR is a robot that acts as the precise "jigging", holding parts of a local structure assembly site in place, while an external low precision assembly agent cuts and welds members. The prototype presented in this paper allows an assembly agent (for this prototype, a human using only low precision tools), to assemble a 2D truss made of wooden dowels to a precision on the order of millimeters over a span on the order of meters. The analysis of the assembly error and the results of building a square structure and a ring structure are discussed. Options for future work, to extend the IPJR paradigm to building in 3D structures at micron precision are also summarized.

  4. Commodity hardware and open source solutions in FTU data management

    International Nuclear Information System (INIS)

    Centioli, C.; Bracco, G.; Eccher, S.; Iannone, F.; Maslennikov, A.; Panella, M.; Vitale, V.

    2004-01-01

    Frascati Tokamak Upgrade (FTU) data management system underwent several developments in the last year, mainly due to the availability of huge amount of open source software and cheap commodity hardware. First of all, we replaced the old and expensive four SUN/SOLARIS servers running AFS (Andrew File System) fusione.it cell with three SuperServer Supermicro SC-742. Secondly Linux 2.4 OS has been installed on our new cell servers and OpenAFS 1.2.8 open source distributed file system has replaced the commercial IBM/Transarc AFS. A pioneering solution - SGI's XFS file system for Linux - has been adopted to format one terabyte of FTU storage system on which the AFS volumes are based. Benchmark tests have shown the good performances of XFS compared to the classical ext3 Linux file system. Third, the data access software has been ported to Linux, together with the interfaces to Matlab and IDL, as well as the locally developed data display utility, SHOX. Finally a new Object-Oriented Data Model (OODM) has been developed for FTU shots data to build and maintain a FTU data warehouse (DW). FTU OODM has been developed using ROOT, an object oriented data analysis framework well-known in high energy physics. Since large volumes of data are involved, a parallel data extraction process, developed in the ROOT framework, has been implemented taking advantage of the AFS distributed environment of FTU computing system

  5. Biochemical transformation of lignin for deriving valued commodities from lignocellulose.

    Science.gov (United States)

    Gall, Daniel L; Ralph, John; Donohue, Timothy J; Noguera, Daniel R

    2017-06-01

    The biochemical properties of lignin present major obstacles to deriving societally beneficial entities from lignocellulosic biomass, an abundant and renewable feedstock. Similar to other biopolymers such as polysaccharides, polypeptides, and ribonucleic acids, lignin polymers are derived from multiple types of monomeric units. However, lignin's renowned recalcitrance is largely attributable to its racemic nature and the variety of covalent inter-unit linkages through which its aromatic monomers are linked. Indeed, unlike other biopolymers whose monomers are consistently inter-linked by a single type of covalent bond, the monomeric units in lignin are linked via non-enzymatic, combinatorial radical coupling reactions that give rise to a variety of inter-unit covalent bonds in mildly branched racemic polymers. Yet, despite the chemical complexity and stability of lignin, significant strides have been made in recent years to identify routes through which valued commodities can be derived from it. This paper discusses emerging biological and biochemical means through which degradation of lignin to aromatic monomers can lead to the derivation of commercially valuable products. Copyright © 2017 The Authors. Published by Elsevier Ltd.. All rights reserved.

  6. Halogen-Mediated Conversion of Hydrocarbons to Commodities.

    Science.gov (United States)

    Lin, Ronghe; Amrute, Amol P; Pérez-Ramírez, Javier

    2017-03-08

    Halogen chemistry plays a central role in the industrial manufacture of various important chemicals, pharmaceuticals, and polymers. It involves the reaction of halogens or halides with hydrocarbons, leading to intermediate compounds which are readily converted to valuable commodities. These transformations, predominantly mediated by heterogeneous catalysts, have long been successfully applied in the production of polymers. Recent discoveries of abundant conventional and unconventional natural gas reserves have revitalized strong interest in these processes as the most cost-effective gas-to-liquid technologies. This review provides an in-depth analysis of the fundamental understanding and applied relevance of halogen chemistry in polymer industries (polyvinyl chloride, polyurethanes, and polycarbonates) and in the activation of light hydrocarbons. The reactions of particular interest include halogenation and oxyhalogenation of alkanes and alkenes, dehydrogenation of alkanes, conversion of alkyl halides, and oxidation of hydrogen halides, with emphasis on the catalyst, reactor, and process design. Perspectives on the challenges and directions for future development in this exciting field are provided.

  7. Agricultural and oil commodities: price transmission and market integration between US and Italy

    Directory of Open Access Journals (Sweden)

    Franco Rosa

    2014-08-01

    Full Text Available Purpose of this article it to get some evidences of market interaction between United States and Italy using the time series analysis of spot prices spanning from January 1999 to May 2012 for crude oil and three ag-commodities: wheat, corn and soybean. These crops have been selected for their relevance in ag-commodity exchanges between US and Italy markets. The integration between US and Italy agricultural markets is hypothesized for the consistent volume of crop traded between these two countries while the price transmission is related to the leading price signals of the CBT (Chicago Board of Trade. The integration between oil and ag-commodity markets is suggested both by the large use of energy intensive inputs, (fertilizer, seed, machinery in production of these ag-commodities, and their use in biofuel production. The results suggest: a for US market the evidence of market integration between crude oil and US ag-commodities; b for Italy the integration with US ag-commodity markets and less evidence of integration with the oil market. These results are valuable information both for the agents and policy makers contributing to improve the information accuracy to predict the price movements used by marketing operators for their strategies and policy makers to set up policies to re-establish conditions of market efficiency and allocate these ag-commodities in alternative market channels.

  8. The crucial relationship among energy commodity prices: Evidence from the Spanish electricity market

    International Nuclear Information System (INIS)

    Moutinho, Victor; Vieira, Joel; Carrizo Moreira, Antonio

    2011-01-01

    The main purpose of this article is twofold to analyze: (a) the long-term relation among the commodities prices and between spot electricity market price and commodity prices, and (b) the short-term dynamics among commodity prices and between electricity prices and commodity prices. Data between 2002 and 2005 from the Spanish electricity market was used. Econometric methods were used in the analysis of the commodity spot price, namely the vector autoregression model, the vector error correction model and the granger causality test. The co-integration approach was used to analyze the long-term relationship between the common stochastic trends of four fossil fuel prices. One of the findings in the long-term relation is that the prices of fuel and the prices of Brent are intertwined, though the prices of Brent ten to 'move' to reestablish the price equilibrium. Another finding is that the price of electricity is explained by the evolution of the natural gas series. - Highlights: → We model energy commodity prices in the Spanish electricity market. → We examine the short and long-term relationships among commodities prices. → We examine short and long-term relationships using co-integration techniques. → We found that in the long run the prices of fuel and Brent are intertwined. → The evolution of price of electricity is explained by the evolution of price of gas.

  9. Global oil prices, macroeconomic fundamentals and China's commodity sector comovements

    International Nuclear Information System (INIS)

    Chen, Peng

    2015-01-01

    This paper investigates the common movements of commodity sectors in China as well as the economic underpinnings of the comovements. We employ a Bayesian dynamic latent factor model to disentangle the common and idiosyncratic sector-specific factors of the prices of a group of China's commodity sectors: petrochemicals, grains, energy, non-ferrous metals, oils & fats, and softs. The results indicate that the common factor accounts for a significant portion of the fluctuations of China's commodity sectors, providing evidence of the strong commodity sector comovements in China. We further use a VAR model to link the common movements across China's commodity sectors to the underlying determinants, including global oil price shocks and domestic macroeconomic fluctuations. We find that the global oil price shocks have strong effects on the common movements across commodity sectors in China in addition to its domestic macroeconomic fluctuations at long horizons. However, at short horizons, the common movements across commodity sectors in China respond more strongly to the global oil shocks than to its domestic macroeconomic fluctuations. - Highlights: • We examine the comovements of commodity prices at the industry level in China. • The common factor accounts for a significant portion of commodity sector fluctuations. • We investigate the joint impacts of global oil price shocks and domestic macro fluctuations on the comovements. • The global oil price shocks have persistent and strong effects on the comovements. • The impacts of domestic macro fluctuations on the comovements differ at short and long horizons.

  10. Dust Tolerant Commodity Transfer Interface Mechanisms for Planetary Surfaces

    Science.gov (United States)

    Townsend, Ivan I.; Mueller, Robert P.; Tamasy, Gabor J.

    2014-01-01

    Regolith is present on most planetary surfaces such as Earth's moon, Mars, and Asteroids. If human crews and robotic machinery are to operate on these regolith covered surfaces, they must face the consequences of interacting with regolith fines which consist of particles below 100 microns in diameter down to as small as submicron scale particles. Such fine dust will intrude into mechanisms and interfaces causing a variety of problems such as contamination of clean fluid lines, jamming of mechanisms and damaging connector seals and couplings. Since multiple elements must be assembled in space for system level functionality, it will be inevitable that interfaces will be necessary for structural connections, and to pass commodities such as cryogenic liquid propellants, purge and buffer gases, water, breathing air, pressurizing gases, heat exchange fluids, power and data. When fine regolith dust is present in the environment it can be lofted into interfaces where it can compromise the utility of the interface by preventing the connections from being successfully mated, or by inducing fluid leaks or degradation of power and data transmission. A dust tolerant, hand held "quick-disconnect" cryogenic fluids connector housing has been developed at NASA KSC which can be used by astronaut crews to connect flex lines that will transfer propellants and other useful fluids to the end user. In addition, a dust tolerant, automated, cryogenic fluid, multiple connector, power and data interface mechanism prototype has been developed, fabricated and demonstrated by NASA at Kennedy Space Center (KSC). The design and operation of these prototypes are explained and discussed.

  11. Immersive Visual Data Analysis For Geoscience Using Commodity VR Hardware

    Science.gov (United States)

    Kreylos, O.; Kellogg, L. H.

    2017-12-01

    Immersive visualization using virtual reality (VR) display technology offers tremendous benefits for the visual analysis of complex three-dimensional data like those commonly obtained from geophysical and geological observations and models. Unlike "traditional" visualization, which has to project 3D data onto a 2D screen for display, VR can side-step this projection and display 3D data directly, in a pseudo-holographic (head-tracked stereoscopic) form, and does therefore not suffer the distortions of relative positions, sizes, distances, and angles that are inherent in 2D projection. As a result, researchers can apply their spatial reasoning skills to virtual data in the same way they can to real objects or environments. The UC Davis W.M. Keck Center for Active Visualization in the Earth Sciences (KeckCAVES, http://keckcaves.org) has been developing VR methods for data analysis since 2005, but the high cost of VR displays has been preventing large-scale deployment and adoption of KeckCAVES technology. The recent emergence of high-quality commodity VR, spearheaded by the Oculus Rift and HTC Vive, has fundamentally changed the field. With KeckCAVES' foundational VR operating system, Vrui, now running natively on the HTC Vive, all KeckCAVES visualization software, including 3D Visualizer, LiDAR Viewer, Crusta, Nanotech Construction Kit, and ProtoShop, are now available to small labs, single researchers, and even home users. LiDAR Viewer and Crusta have been used for rapid response to geologic events including earthquakes and landslides, to visualize the impacts of sealevel rise, to investigate reconstructed paleooceanographic masses, and for exploration of the surface of Mars. The Nanotech Construction Kit is being used to explore the phases of carbon in Earth's deep interior, while ProtoShop can be used to construct and investigate protein structures.

  12. The Commodity Technology Revisited: Theoretical Basis and an Application to Error Location in the Make-Use Framework

    NARCIS (Netherlands)

    Steenge, A.E.

    1991-01-01

    In this paper we provide conditions for the existence of non-negative homogeneous matrices of dimensions commodity × commodity or industry × industry in the SNA framework. These matrices are shown to satisfy all conditions underlying the commodity technology model. We point out that because the

  13. The Influence Of Highway Transportation Infrastructure Condition Toward Commodity Production Generation for The Resilience Needs at Regional Internal Zone

    Science.gov (United States)

    Akbardin, Juang; Parikesit, Danang; Riyanto, Bambang; Mulyono, Agus Taufik

    2018-02-01

    The poultry commodity consumption and requirement is one of the main commodities that must be fulfilled in a region to maintain the availability of meat from poultry. Poultry commodity production is one of the production sectors that have a clean environment resistance. An increasing of poultry commodity generation production requires a smooth distribution to arrive at the processing. The livestock location as a commodity production is placed at a considerable far distance from residential and market locations. Zones that have poultry commodity production have an excess potential to supply other zones that are lacking in production to the consumption of these commodities. The condition of highway transportation infrastructure that is very diverse with the damage level availability in a zone has an influence in the supply and demand of poultry commodity requirement in the regional internal of Central Java province. In order to know the effect of highway transportation infrastructure condition toward the poultry commodity movement, demography factor and availability of freight vehicles will be reviewed to estimate the amount of poultry commodity movement generation production. Thus the poultry commodity consumption requirement that located in the internal - regional zone of central java province can be adequated from the zone. So it can be minimized the negative impacts that affect the environment at the zone in terms of comparison of the movement attraction and generation production at poultry commodity in Central Java.

  14. Integrated Force and Distance Sensing using Elastomer-Embedded Commodity Proximity Sensors.

    Energy Technology Data Exchange (ETDEWEB)

    Patel, Radhen [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Cox, Rebecca E. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Correll, Nikolaus [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2017-02-01

    We describe a combined proximity, contact and force (PCF) sensor based on a commodity infrared distance sensor embedded in a transparent elastomer with applications in robotic manipulation. Prior to contact, the sensor works as a distance sensor (0{6 cm), whereas after contact the material doubles as a spring, with force proportional to the compression of the elastomer (0{5 N). We describe its principle of operation and design parameters, including polymer thickness, mixing ratio, and emitter current, and show that the sensor response has an in ection point at contact that is independent of an object's surface properties, making it a robust detector for contact events. We then demonstrate how arrays of sensors, custom made for a standard Baxter gripper as well as embedded in the nger of the Kinova hand, can be used to (1) improve gripper alignment during grasping, (2) determine contact points with objects, (3) obtain simple 3D models using both proximity and touch, and (4) register point clouds from touch and RGB-D data.

  15. An equilibrium pricing model for weather derivatives in a multi-commodity setting

    International Nuclear Information System (INIS)

    Lee, Yongheon; Oren, Shmuel S.

    2009-01-01

    Many industries are exposed to weather risk. Weather derivatives can play a key role in hedging and diversifying such risk because the uncertainty in a company's profit function can be correlated to weather condition which affects diverse industry sectors differently. Unfortunately the weather derivatives market is a classical example of an incomplete market that is not amenable to standard methodologies used for derivative pricing in complete markets. In this paper, we develop an equilibrium pricing model for weather derivatives in a multi-commodity setting. The model is constructed in the context of a stylized economy where agents optimize their hedging portfolios which include weather derivatives that are issued in a fixed quantity by a financial underwriter. The supply and demand resulting from hedging activities and the supply by the underwriter are combined in an equilibrium pricing model under the assumption that all agents maximize some risk averse utility function. We analyze the gains due to the inclusion of weather derivatives in hedging portfolios and examine the components of that gain attributable to hedging and to risk sharing. (author)

  16. Development of nuclear technology for improving quality and shelf-life on food commodities

    International Nuclear Information System (INIS)

    Zubaidah Irawati

    2007-01-01

    The availability and sustain ability food regarding safety, nutritive, and remaining good palatability are the basic needs of human in order to stay alive and keep healthy. The process must follow the existing standard-guidelines (Good Manufacturing Practices/GMP and Good Irradiation Practices/GIP) if ionizing radiation will be implemented for such purposes because of its effectiveness, efficient, and practical in comparison with conventional methods. Nevertheless application of nuclear technique for improving the safety and extending the shelf-life of foods for human consumption, a proper regulation and legalization from the local government is needed. Commercialization of irradiated food in Indonesia has been stipulated under decree of PERMENKES No. 826/MENKES /PER/XII/1987, No.152/MENKES/SK/II/1995 and Food Law of the Republic of Indonesia No.7/1996. Commercially, besides Indonesia, other countries within Asia and the Pacific region such as India, Thailand, and Vietnam have implemented nuclear technique on food commodities for quarantine, sanitation and sterilization purposes both for local consumption and export to European Countries, USA and Australia. Public education should be more conducted in some effective ways and keep on going to avoid misconception about the technology itself. (author)

  17. On the link between oil and commodity prices: a panel VAR approach

    International Nuclear Information System (INIS)

    Bremond, Vincent; Hache, Emmanuel; Joets, Marc

    2013-12-01

    The aim of this paper is to study the relationships between the price of oil and a large dataset of commodity prices, relying on panel data settings. Using second generation panel co-integration tests, our findings show that the WTI and commodity prices are not linked in the long term. Nevertheless, considering our results in causality tests, we show that short-run relations exist, mainly from the price of crude oil to commodity prices. We thus implement a panel VAR estimation with an impulse response function analysis. Two main conclusions emerge: (i) fast co-movements are highlighted, while (ii) market efficiency is emphasized. (authors)

  18. Outbreak-associated Salmonella enterica serotypes and food Commodities, United States, 1998-2008.

    Science.gov (United States)

    Jackson, Brendan R; Griffin, Patricia M; Cole, Dana; Walsh, Kelly A; Chai, Shua J

    2013-08-01

    Salmonella enterica infections are transmitted not only by animal-derived foods but also by vegetables, fruits, and other plant products. To clarify links between Salmonella serotypes and specific foods, we examined the diversity and predominance of food commodities implicated in outbreaks of salmonellosis during 1998-2008. More than 80% of outbreaks caused by serotypes Enteritidis, Heidelberg, and Hadar were attributed to eggs or poultry, whereas >50% of outbreaks caused by serotypes Javiana, Litchfield, Mbandaka, Muenchen, Poona, and Senftenberg were attributed to plant commodities. Serotypes Typhimurium and Newport were associated with a wide variety of food commodities. Knowledge about these associations can help guide outbreak investigations and control measures.

  19. Outbreak-associated Salmonella enterica Serotypes and Food Commodities, United States, 1998–2008

    Science.gov (United States)

    Griffin, Patricia M.; Cole, Dana; Walsh, Kelly A.; Chai, Shua J.

    2013-01-01

    Salmonella enterica infections are transmitted not only by animal-derived foods but also by vegetables, fruits, and other plant products. To clarify links between Salmonella serotypes and specific foods, we examined the diversity and predominance of food commodities implicated in outbreaks of salmonellosis during 1998–2008. More than 80% of outbreaks caused by serotypes Enteritidis, Heidelberg, and Hadar were attributed to eggs or poultry, whereas >50% of outbreaks caused by serotypes Javiana, Litchfield, Mbandaka, Muenchen, Poona, and Senftenberg were attributed to plant commodities. Serotypes Typhimurium and Newport were associated with a wide variety of food commodities. Knowledge about these associations can help guide outbreak investigations and control measures. PMID:23876503

  20. Primary commodity export and economic growth in sub sahara africa: evidence from panel data analysis

    Directory of Open Access Journals (Sweden)

    Matthew Ocran

    2011-08-01

    Full Text Available The paper sought to examine the impact of instability in primary commodity export earnings and the level of commodity dependence on economic growth in Sub Saharan Africa (SSA.  Fixed effects panel data estimator was used in the empirical estimation. The findings of the study suggest that there is a negative relationship between instability in export earnings and economic growth. The results also indicate that the level of commodity dependence matter in determining economic growth in the region. The results of the paper have economic development policy implications for SSA economies and these are not farfetched. First, it appears the difficult growth experience of SSA is not solely due to instability in export receipts. The question of continued dependence on a narrow range of primary commodities is also matter of great importance.

  1. Is there co-movement of agricultural commodities futures prices and crude oil?

    International Nuclear Information System (INIS)

    Natanelov, Valeri; Alam, Mohammad J.; McKenzie, Andrew M.; Van Huylenbroeck, Guido

    2011-01-01

    Even though significant attempts have appeared in literature, the current perception of co-movement of commodity prices appear inadequate and static. In particular we focus on price movements between crude oil futures and a series of agricultural commodities and gold futures. A comparative framework is applied to identify changes in relationships through time and various cointegration methodologies and causality tests are employed. Our results indicate that co-movement is a dynamic concept and that some economic and policy development may change the relationship between commodities. Furthermore we show that biofuel policy buffers the co-movement of crude oil and corn futures until the crude oil prices surpass a certain threshold. - Highlights: → We show that co-movement of commodity futures is a temporal concept. → A variation in parallel movement between 2 large periods occurs. → Biofuel policy buffers parallel movement of corn and crude oil futures

  2. Transgenic hybrid poplar for sustainable and scalable production of the commodity/specialty chemical, 2-phenylethanol.

    Directory of Open Access Journals (Sweden)

    Michael A Costa

    Full Text Available Fast growing hybrid poplar offers the means for sustainable production of specialty and commodity chemicals, in addition to rapid biomass production for lignocellulosic deconstruction. Herein we describe transformation of fast-growing transgenic hybrid poplar lines to produce 2-phenylethanol, this being an important fragrance, flavor, aroma, and commodity chemical. It is also readily converted into styrene or ethyl benzene, the latter being an important commodity aviation fuel component. Introducing this biochemical pathway into hybrid poplars marks the beginnings of developing a platform for a sustainable chemical delivery system to afford this and other valuable specialty/commodity chemicals at the scale and cost needed. These modified plant lines mainly sequester 2-phenylethanol via carbohydrate and other covalently linked derivatives, thereby providing an additional advantage of effective storage until needed. The future potential of this technology is discussed. MALDI metabolite tissue imaging also established localization of these metabolites in the leaf vasculature.

  3. Transgenic hybrid poplar for sustainable and scalable production of the commodity/specialty chemical, 2-phenylethanol.

    Science.gov (United States)

    Costa, Michael A; Marques, Joaquim V; Dalisay, Doralyn S; Herman, Barrington; Bedgar, Diana L; Davin, Laurence B; Lewis, Norman G

    2013-01-01

    Fast growing hybrid poplar offers the means for sustainable production of specialty and commodity chemicals, in addition to rapid biomass production for lignocellulosic deconstruction. Herein we describe transformation of fast-growing transgenic hybrid poplar lines to produce 2-phenylethanol, this being an important fragrance, flavor, aroma, and commodity chemical. It is also readily converted into styrene or ethyl benzene, the latter being an important commodity aviation fuel component. Introducing this biochemical pathway into hybrid poplars marks the beginnings of developing a platform for a sustainable chemical delivery system to afford this and other valuable specialty/commodity chemicals at the scale and cost needed. These modified plant lines mainly sequester 2-phenylethanol via carbohydrate and other covalently linked derivatives, thereby providing an additional advantage of effective storage until needed. The future potential of this technology is discussed. MALDI metabolite tissue imaging also established localization of these metabolites in the leaf vasculature.

  4. Something fishy: Chile's blue revolution, commodity diseases, and the problem of sustainability.

    Science.gov (United States)

    Soluri, John

    2011-01-01

    The United Nations describes aquaculture as the fastest-growing method of food production, and some industry boosters have heralded the coming of a sustainable blue revolution. This article interprets the meteoric rise and sudden collapse of Atlantic salmon aquaculture in southern Chile (1980-2010) by integrating concepts from commodity studies and comparative environmental history. I juxtapose salmon aquaculture to twentieth-century export banana production to reveal the similar dynamics that give rise to "commodity diseases"—events caused by the entanglement of biological, social, and political-economic processes that operate on local, regional, and transoceanic geographical scales. Unsurprisingly, the risks and burdens associated with commodity diseases are borne disproportionately by production workers and residents in localities where commodity disease events occur. Chile's blue revolution suggests that evaluating the sustainability of aquaculture in Latin America cannot be divorced from processes of accumulation.

  5. United States, 2007 : 2007 Economic Census : transportation : 2007 commodity flow survey

    Science.gov (United States)

    2010-04-01

    The 2007 Commodity Flow Survey (CFS) is undertaken : through a partnership between the U.S. Census Bureau, U.S. : Department of Commerce and the Research and Innovative : Technology Administration (RITA), Bureau of Transportation : Statistics (BTS), ...

  6. Is there co-movement of agricultural commodities futures prices and crude oil?

    Energy Technology Data Exchange (ETDEWEB)

    Natanelov, Valeri, E-mail: valeri.natanelov@ugent.be [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Alam, Mohammad J. [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Department of Agribusiness and Marketing, Bangladesh Agricultural University (Bangladesh); McKenzie, Andrew M. [Department of Agricultural Economics and Agribusiness, University of Arkansas, AR (United States); Van Huylenbroeck, Guido [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium)

    2011-09-15

    Even though significant attempts have appeared in literature, the current perception of co-movement of commodity prices appear inadequate and static. In particular we focus on price movements between crude oil futures and a series of agricultural commodities and gold futures. A comparative framework is applied to identify changes in relationships through time and various cointegration methodologies and causality tests are employed. Our results indicate that co-movement is a dynamic concept and that some economic and policy development may change the relationship between commodities. Furthermore we show that biofuel policy buffers the co-movement of crude oil and corn futures until the crude oil prices surpass a certain threshold. - Highlights: > We show that co-movement of commodity futures is a temporal concept. > A variation in parallel movement between 2 large periods occurs. > Biofuel policy buffers parallel movement of corn and crude oil futures

  7. 77 FR 16828 - Constellation Energy Commodities Group, Inc.; Notice of Designation of Certain Commission...

    Science.gov (United States)

    2012-03-22

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Constellation Energy Commodities Group, Inc.; Notice of Designation of Certain Commission Personnel as Non-Decisional Commission staff members Sandra Waldstein and Joyce...

  8. Trends and volatility in sub Saharan Africa’s key primary commodity exports

    Directory of Open Access Journals (Sweden)

    Matthew Ocran

    2013-02-01

    Full Text Available Using a GARCH model the paper sought to test the hypothesis that price volatility of key Sub Saharan Africa primary commodity exports, have not changed over the past four decades. Whilst crude oil, aluminium, cocoa and six others have not experienced significant change in price volatility over the period, nine other major commodities recorded changes. Efforts need to be made to extensively diversify the portfolio of agricultural commodity exports by including new products of which price volatilities in the past decades have been reduced. This is crucial for countries that depend on up to three primary commodities for the bulk of their foreign exchange earnings. Other measures such as value addition can also help in reducing impacts of unfavourable price movements.

  9. 7 CFR 1599.11 - Use of commodities and sale proceeds.

    Science.gov (United States)

    2010-01-01

    ... SERVICE, DEPARTMENT OF AGRICULTURE McGOVERN-DOLE INTERNATIONAL FOOD FOR EDUCATION AND CHILD NUTRITION... sell the donated commodities at a reasonable market price in the economy where the sale occurs. The...

  10. Directions for Determining Buffer Zone Distances for Commodity and Structural Fumigation with Methyl Bromide

    Science.gov (United States)

    Buffer zones for commodity and food handling structural applications are distributed across numerous tables. This document provides directions for determining the factors to use to identify the correct table for a given application.

  11. Methyl Bromide Buffer Zone Distances for Commodity and Structural Fumigation: Treatment Longer than 8 Hours

    Science.gov (United States)

    This document contains buffer zone tables required by certain methyl bromide commodity fumigant product labels that refer to Buffer Zone Lookup Tables located at epa.gov/pesticide-registration/mbcommoditybuffer on the label.

  12. Methyl Bromide Buffer Zone Distances for Commodity and Structural Fumigation: Treatment 8 Hours or Less

    Science.gov (United States)

    This document contains buffer zone tables required by certain methyl bromide commodity fumigant product labels that refer to Buffer Zone Lookup Tables located at epa.gov/pesticide-registration/mbcommoditybuffer on the label.

  13. Screening of various diesel particulate matter samples from various commodity mines

    CSIR Research Space (South Africa)

    Mahlangu, Vusi J

    2016-09-01

    Full Text Available This paper presents qualitative analysis results of diesel particulate matter (DPM) from various mining commodities in South Africa. The objective of this work was to determine the concentrations of elements in DPM samples. For this screening...

  14. 75 FR 8909 - Funding Opportunity Title: Commodity Partnerships for Small Agricultural Risk Management...

    Science.gov (United States)

    2010-02-26

    ... training and informational efforts for agricultural producers through the formation of partnerships with... Partnerships for Small Agricultural Risk Management Education Sessions (Commodity Partnerships Small Sessions... Competitive Cooperative Partnership Agreements Catalog of Federal Domestic Assistance Number (CFDA): 10.459...

  15. A policy-oriented cost model for shipping commodities by truck.

    Science.gov (United States)

    2009-12-01

    Surprisingly, transportation planners and policy makers do not have the ability to estimate the cost of shipping a quantity of a commodity between two : locations for broad categories of goods. Costs of shipping are important components in mode, rout...

  16. Transition of Army Missile Acquisition Programs from Program Management Offices to Commodity Commands

    National Research Council Canada - National Science Library

    Brannin, Patricia

    1997-01-01

    .... In part, the Army will accomplish severe cuts in its staff levels planned for FY 1998 by transitioning the responsibility for management of weapon systems from program management offices to commodity commands...

  17. Final Technical/Scientific Report: Commodity Scale Thermostable Enzymatic Transformations

    Energy Technology Data Exchange (ETDEWEB)

    James J. Lalonde; Brian Davison

    2003-08-30

    The conversion of corn starch to high fructose corn-syrup sweetener is a commodity process, producing over 3 billion kg/y. In the last step of the process, an enzyme catalyst is used to convert glucose to the much sweeter sugar fructose. Due to incomplete conversion in the last step, the syrup must be purified using a chromatographic separation technique, which results in equal quantities of water being added to the syrup, and finally the water must be evaporated (up to 1 lb of water/lb of syrup). We have estimated the energy requirement in the evaporation step to be on the order of 13 billion BTU's/y. This process inefficiency could be eliminated if a thermostable form of glucose isomerase (GI), the enzyme catalyst used in the final step, was developed. Our chosen strategy was to develop an immobilized form of the enzyme in which the protein is first crystallized and then chemically cross-linked to form an insoluble particle. This so-called cross-linked enzyme crystal (CLE C(reg. sign)) technology had been shown to be a powerful method for enzyme stabilization for several other protein catalysts. In this work we have developed more than 30 CLEC preparations of glucose isomerase and tested them for activity and stability. We found these preparations to be highly active, with a 10-50 fold rate per gram of catalyst increase over existing commercial catalysts. The initial rates were also higher at higher temperatures as expected, however the efficiency of the CLEC GI preparations unexpectedly rapidly decreased to a low constant value with use at the higher temperatures. At this point, the source of this activity loss is unclear, however during this loss, the catalyst is found to form a solid mass indicating either breakage of the chemical cross-links or simple aggregation of the particles. It is likely that the increased mass transfer resistance due to this agglomeration is a major component of the activity loss. This research suggests that one potentially

  18. Redesigning Urban Carbon Cycles: from Waste Stream to Commodity

    Science.gov (United States)

    Brabander, D. J.; Fitzstevens, M. G.

    2013-12-01

    supporting urban agriculture. We are now extending this approach to additional large U.S. and European urban centers where different philosophical and technological approaches to managing urban waste carbon have resulted in a range of infrastructures, from highly distributed systems (Germany) to centralized mega facilities (London). Ultimately, this research will lead to a decision-making matrix model that will permit cities to customize their urban carbon waste stream facilities and transform this waste into a usable commodity.

  19. A two-commodity perishable inventory system | Sivakumar | ORiON

    African Journals Online (AJOL)

    We present a two-commodity perishable stochastic inventory system under continuous review at a service facility with a finite waiting room. The maximum storage capacity for the i-th item is fixed as Si (i = 1,2). We assume that a demand for the i-th commodity is of unit size. The arrival instants of customers to the service ...

  20. The effects of global shocks on small commodity-exporting economies: New evidence from Canada

    OpenAIRE

    Charnavoki, Valery; Dolado, Juan J.

    2012-01-01

    This paper presents a structural dynamic factor model of a small commodity-exporting economy using Canada as a representative case study. Combining large panel data sets of the global and Canadian economies, we first identify those demand and supply shocks that explain most of the volatility in real commodity prices. Next we quantify their dynamic effects on a wide variety of variables for this economy. We are able to reproduce all the main stylized facts documented in the literature about bu...

  1. The Effects of Digital Marketing of Unhealthy Commodities on Young People: A Systematic Review

    OpenAIRE

    Limin Buchanan; Bridget Kelly; Heather Yeatman; Kishan Kariippanon

    2018-01-01

    The marketing of unhealthy commodities through traditional media is known to impact consumers’ product attitudes and behaviors. Less is known about the impacts of digital marketing (online promotional activities), especially among young people who have a strong online presence. This review systematically assesses the relationship between digital marketing and young people’s attitudes and behaviors towards unhealthy commodities. Literature was identified in June 2017 by searches in six electro...

  2. Research on the Development of Rural Commodity Economy in the Edo Period

    OpenAIRE

    YE, Lei; QIAN, Lulu

    2014-01-01

    The rural commodity economy in the Edo period developed by leaps and bounds under the influence of institution, policy, technology and other factors. From the mid-17th century, the specific area of cash crops gradually took shape in Japan and the large-scale cultivation of cash crops greatly promoted the development of rural handicrafts, thereby creating the conditions for the initiation of the capitalist relations of production. The development of rural commodity economy not only changed the...

  3. Occurrence of mycotoxins in Nigerian food commodities and health risk assessment

    OpenAIRE

    2012-01-01

    M.Tech. A variety of fungal species belonging to the genera Aspergillus, Penicillium, Fusarium and Alternaria, Cladosporium are common contaminants of food commodities such as grains, cereals, seeds, nuts, and fruits. These fungal species in turn produce mycotoxins under favourable conditions as secondary metabolites, which have been recorded to have harmful effects in both animals and man. The concern for mycotoxin contamination of food commodities grown and produced in sub-Saharan Africa...

  4. Hedging Effectiveness of Constant and Time Varying Hedge Ratio in Indian Stock and Commodity Futures Markets

    OpenAIRE

    Pandey, Ajay

    2008-01-01

    This paper examines hedging effectiveness of futures contract on a financial asset and commodities in Indian markets. In an emerging market context like India, the growth of capital and commodity futures market would depend on effectiveness of derivatives in managing risk. For managing risk, understanding optimal hedge ratio is critical for devising effective hedging strategy. We estimate dynamic and constant hedge ratio for S&P CNX Nifty index futures, Gold futures and Soybean futures. Vario...

  5. Essays on business cycles and stabilization policy in a small commodity-exporting economy

    OpenAIRE

    Charnavoki, Valery

    2012-01-01

    It is well known that highly volatile and persistent commodity prices signi cantly a ect the global economic activity. Their e ect is especially pronounced in small commodityexporting economies, where primary resources provide an important source of export earnings. In these economies, commodity price changes entail very large e ects on the balance of payments, exchange rates, output, sectoral composition and public nance, and, as a result, pose serious problems for the conduc...

  6. International commodity prices, growth and the outbreak of Civil War in Sub-Saharan Africa

    OpenAIRE

    Markus Brückner; Antonio Ciccone

    2007-01-01

    To learn more about the effect of economic conditions on civil war, we examine whether Sub-Saharan civil wars are more likely to start following downturns in the international price of countries’ main export commodities. The data show a robust effect of commodity price downturns on the outbreak of civil wars. We also find that Sub-Saharan countries are more likely to see civil wars following economic downturns in their main OECD export destinations.

  7. International Commodity Prices, Growth, and the Outbreak of Civil War in Sub-Saharan Africa

    OpenAIRE

    Markus Brückner; Antonio Ciccone

    2009-01-01

    To learn more about the effect of economic conditions on civil war, we examine whether Sub-Saharan civil wars are more likely to start following downturns in the international price of countries main export commodities. The data show a robust effect of commodity price downturns on the outbreak of civil wars. We also find that Sub-Saharan countries are more likely to see civil wars following economic downturns in their main OECD export destinations.

  8. Regime shift in fertilizer commodities indicates more turbulence ahead for food security.

    Directory of Open Access Journals (Sweden)

    James J Elser

    Full Text Available Recent human population increase has been enabled by a massive expansion of global agricultural production. A key component of this "Green Revolution" has been application of inorganic fertilizers to produce and maintain high crop yields. However, the long-term sustainability of these practices is unclear given the eutrophying effects of fertilizer runoff as well as the reliance of fertilizer production on finite non-renewable resources such as mined phosphate- and potassium-bearing rocks. Indeed, recent volatility in food and agricultural commodity prices, especially phosphate fertilizer, has raised concerns about emerging constraints on fertilizer production with consequences for its affordability in the developing world. We examined 30 years of monthly prices of fertilizer commodities (phosphate rock, urea, and potassium for comparison with three food commodities (maize, wheat, and rice and three non-agricultural commodities (gold, nickel, and petroleum. Here we show that all commodity prices, except gold, had significant change points between 2007-2009, but the fertilizer commodities, and especially phosphate rock, showed multiple symptoms of nonlinear critical transitions. In contrast to fertilizers and to rice, maize and wheat prices did not show significant signs of nonlinear dynamics. From these results we infer a recent emergence of a scarcity price in global fertilizer markets, a result signaling a new high price regime for these essential agricultural inputs. Such a regime will challenge on-going efforts to establish global food security but may also prompt fertilizer use practices and nutrient recovery strategies that reduce eutrophication.

  9. Determinants of prices increase of agricultural commodities in a global context1

    Directory of Open Access Journals (Sweden)

    Borychowski Michał

    2015-12-01

    Full Text Available The main objective of this article is to present the determinants of increase in agricultural commodity prices after 2006. The other specific aim is to show the factors affecting agricultural raw materials and food prices in the global context. This article is a review paper of the determinants of recent commodity and food prices spikes. However, it provides an outlook on these determinants that were the most important for the increases in the last decade. The last part of the article (conclusions to some extent is a synthesis of considerations and includes the authors’ opinions concerning determinants and an attempt to identify which ones were the most important in the growth of agricultural commodity prices. These increases in agricultural commodity prices resulted from many factors and it is very difficult to separate the individual impact of each of them, because they occurred in parallel. However, it is possible to indicate several main reasons for these price increases, which are: adverse changes in supply-demand relations in agricultural markets, increases in oil prices (and increases of the volatility of those prices, development of biofuel production from agricultural commodities (the first generation biofuels, dollar depreciation, an increase in operations of a speculative nature on commodity markets and improper economic policy that created an environment for the growth of prices of agricultural products.

  10. Regime shift in fertilizer commodities indicates more turbulence ahead for food security.

    Science.gov (United States)

    Elser, James J; Elser, Timothy J; Carpenter, Stephen R; Brock, William A

    2014-01-01

    Recent human population increase has been enabled by a massive expansion of global agricultural production. A key component of this "Green Revolution" has been application of inorganic fertilizers to produce and maintain high crop yields. However, the long-term sustainability of these practices is unclear given the eutrophying effects of fertilizer runoff as well as the reliance of fertilizer production on finite non-renewable resources such as mined phosphate- and potassium-bearing rocks. Indeed, recent volatility in food and agricultural commodity prices, especially phosphate fertilizer, has raised concerns about emerging constraints on fertilizer production with consequences for its affordability in the developing world. We examined 30 years of monthly prices of fertilizer commodities (phosphate rock, urea, and potassium) for comparison with three food commodities (maize, wheat, and rice) and three non-agricultural commodities (gold, nickel, and petroleum). Here we show that all commodity prices, except gold, had significant change points between 2007-2009, but the fertilizer commodities, and especially phosphate rock, showed multiple symptoms of nonlinear critical transitions. In contrast to fertilizers and to rice, maize and wheat prices did not show significant signs of nonlinear dynamics. From these results we infer a recent emergence of a scarcity price in global fertilizer markets, a result signaling a new high price regime for these essential agricultural inputs. Such a regime will challenge on-going efforts to establish global food security but may also prompt fertilizer use practices and nutrient recovery strategies that reduce eutrophication.

  11. Dietary exposure to pesticide residues from commodities alleged to contain the highest contamination levels.

    Science.gov (United States)

    Winter, Carl K; Katz, Josh M

    2011-01-01

    Probabilistic techniques were used to characterize dietary exposure of consumers to pesticides found in twelve commodities implicated as having the greatest potential for pesticide residue contamination by a United States-based environmental advocacy group. Estimates of exposures were derived for the ten most frequently detected pesticide residues on each of the twelve commodities based upon residue findings from the United States Department of Agriculture's Pesticide Data Program. All pesticide exposure estimates were well below established chronic reference doses (RfDs). Only one of the 120 exposure estimates exceeded 1% of the RfD (methamidophos on bell peppers at 2% of the RfD), and only seven exposure estimates (5.8 percent) exceeded 0.1% of the RfD. Three quarters of the pesticide/commodity combinations demonstrated exposure estimates below 0.01% of the RfD (corresponding to exposures one million times below chronic No Observable Adverse Effect Levels from animal toxicology studies), and 40.8% had exposure estimates below 0.001% of the RfD. It is concluded that (1) exposures to the most commonly detected pesticides on the twelve commodities pose negligible risks to consumers, (2) substitution of organic forms of the twelve commodities for conventional forms does not result in any appreciable reduction of consumer risks, and (3) the methodology used by the environmental advocacy group to rank commodities with respect to pesticide risks lacks scientific credibility.

  12. Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd.

    Directory of Open Access Journals (Sweden)

    Prabina Rajib

    2015-06-01

    Full Text Available Though the agricultural sector contributes significantly to the Indian economy, it faces several bottlenecks, one of those being the antiquated laws governing agricultural marketing and price discovery, leading to low price realization by Indian farmers. In India, six national level exchanges offer commodity derivatives contracts on commodities, with some having electronic spot exchanges to facilitate spot trading of commodities. However, farmers' participation in these exchanges has been poor. ITC-ABD, one of the largest aggregators and exporters of Indian agri-commodities, has started using these exchange platforms to hedge price risk. With experience of over three decades in the agricultural sector, Mr. S. Sivakumar has a deep understanding of the commodity markets and the needs of Indian farmers. This interview aims to get an insight into his views on increasing farmers' participation in commodity derivatives trading and more importantly, to understand ITC-ABD's commodity hedging strategy.

  13. DETERMINANTS OF AGRICULTURAL COMMODITY MARKET SUPPLY: A CASE STUDY IN THE UPPER WATERSHED OF THE BLUE NILE, NORTHWESTERN ETHIOPIA

    Directory of Open Access Journals (Sweden)

    Amare Tesfaw

    2013-12-01

    Full Text Available This study was initiated to achieve the specific objectives as identification of factors that affect market participation decision of households and identification of factors that determine the volume of market supply of pepper. In order to acquire the relevant data, formal and informal methods of data collection were accomplished. To differentiate factors affecting the market participation and the amount of pepper sold, the Heckman Two-Stage econometric model was employed. The result revealed that market participation decision of households and amount of pepper sold were significantly affected by many of the variables hypothesized to have impact on the explained variable. In order to settle price fluctuations and to strengthen the bargaining power of producers, there should be product grading for market standardization. Furthermore, market competitiveness, structure and efficiency can be improved through facilitating pepper market strategies training as it helps producers and other interested bodies better involve in the commodity market. 

  14. CODEX-compliant eleven organophosphorus pesticides screening in multiple commodities using headspace-solid phase microextraction-gas chromatography-mass spectrometry.

    Science.gov (United States)

    Sang, Zi-Ye; Wang, Yu-Ting; Tsoi, Yeuk-Ki; Leung, Kelvin Sze-Yin

    2013-01-15

    A headspace-solid phase microextraction-gas chromatography-mass spectrometric (HS-SPME-GC-MS, hereafter abbreviated as "SPME") method was developed for dedicated organophosphorus (OP) pesticides assessment in multiple vegetable and fruit commodities. Specific extraction variables were optimised to achieve harmonised extraction performance of eleven OPs in a great span of seven characteristic commodities cataloged in Codex Alimentarius Commission. Comprehensive validation study confirmed analytical robustness of the SPME treatment in turnip, green cabbage, French beans, eggplant, apple, nectarine and grapes. Based on range-specific evaluation, extraction of individual OPs was characterised by sub-ppb level sensitivity and a wide 0.01-2.5 mg L(-1) dynamic range. Effective sample clean-up afforded precise quantification (0.5-10.9% R.S.D.) within a 70-120% recovery range at the MRL levels specified for individual commodities. Compared to conventional methods currently used, the SPME treatment developed here is quick, accurate, and relatively environmental friendly; it represents an attractive, practical way to deliver international standards in OP screening routines. Copyright © 2012 Elsevier Ltd. All rights reserved.

  15. 22 CFR 211.4 - Availability and shipment of commodities.

    Science.gov (United States)

    2010-04-01

    ... transportation costs as determined by the United States and in sizes and types of packages announced as.... (d) Payment or reimbursement of ocean freight costs. When A.I.D. contracts for ocean carriage... Standard Form 1034 and three copies of 1034A (Public Voucher for purchases and services other than personal...

  16. 76 FR 6095 - Commodity Options and Agricultural Swaps

    Science.gov (United States)

    2011-02-03

    ... Group, Inc. (``CME''); the Institute for Agriculture and Trade Policy (``IATP''); and Dr. Robert Pollin...) imposing clearing and trade execution requirements on standardized derivative products; (3) creating robust...): Wheat, cotton, rice, corn, oats, barley, rye, flaxseed, grain sorghums, mill feeds, butter, eggs...

  17. IMPACTS OF AFRICA'S TOTAL AND COMMODITY-BASED TRADE WITH CHINA AND OECD COUNTRIES

    Directory of Open Access Journals (Sweden)

    Nihal Bayraktar

    2017-02-01

    Full Text Available This paper studies the changes in the pattern of Africa’s trade with China and OECD countries, and the impacts of these changes on sub-Saharan Africa’s economic growth. In the study, the country-level total exports and imports, as well as the commodity-based exports and imports are considered for 42 sub-Saharan African countries between 1980 and 2014. The results show that as the share of China in sub-Saharan Africa’s trade has significantly increased, a declining trend is observed for OECD countries, traditional trading partners. Despite changing trade links, the investigation of the commodity-based exports and imports indicate that the types of imported and exported commodities have not changed much for Africa. However, a strong link is observed between economic growth in SSA and its changing trade links from the OECD countries towards China at the total level as well as at the commodity level. The study concludes that there is an increase in the international competition for Africa’s commodities, and resulting in improvements in the terms of trade has led to higher income growth in the region.

  18. Phytosanitary irradiation of fresh tropical commodities in Hawaii: Generic treatments, commercial adoption, and current issues

    International Nuclear Information System (INIS)

    Follett, Peter A.; Weinert, Eric D.

    2012-01-01

    Hawaii is a pioneer in the use of phytosanitary irradiation. The commercial X-ray irradiation facility, Hawaii Pride LLC, has been shipping papaya and other tropical fruits and vegetables to the United States mainland using irradiation for 11 years. Irradiation is an approved treatment to control quarantine pests in 17 fruits and 7 vegetables for export from Hawaii to the US mainland. Hawaiian purple sweet potato is the highest volume product with annual exports of more than 12 million lbs (5500 t). The advent of generic radiation treatments for tephritid fruit flies (150 Gy) and other insects (400 Gy) will accelerate commodity export approvals and facilitate worldwide adoption. Lowering doses for specific pests and commodities can lower treatment costs and increase capacity owing to shorter treatment times, and will minimize any quality problems. Current impediments to wider adoption include the 1 kGy limit for fresh horticultural products, the labeling requirement, and non-acceptance of phytosanitary irradiation in Japan, the European Union, and elsewhere. Irradiation has potential as a treatment for unregulated imports to prevent new pest incursions. - Highlights: ► Irradiation is used to control quarantine insects in exported fresh commodities. ► Hawaii exported 5.7 t of tropical produce using irradiation in 2010. ► Generic radiation treatments will accelerate commodity export approvals. ► Lowering the dose for specific commodities will reduce costs/maintain quality. ► Current issues include the 1 kGy dose limit and labeling requirements.

  19. Cumulative energy demand as predictor for the environmental burden of commodity production.

    Science.gov (United States)

    Huijbregts, Mark A J; Hellweg, Stefanie; Frischknecht, Rolf; Hendriks, Harrie W M; Hungerbühler, Konrad; Hendriks, A Jan

    2010-03-15

    Cumulative energy demand has been used as a methodology to assess life cycle environmental impacts of commodity production since the early seventies, but has also been criticized because it focuses on energy only. During the past 30 years there has been much research into the development of more complex single-score life cycle impact assessment methodologies. However, a comprehensive analysis of potential similarities and differences between these methodologies and cumulative energy demand has not been carried out so far. Here we compare the cumulative energy demand of 498 commodities with the results of six frequently applied environmental life cycle impact assessment methodologies. Commodity groups included are metals, glass, paper and cardboard, organic and inorganic chemicals, agricultural products, construction materials, and plastics. We show that all impact assessment methods investigated often provide converging results, in spite of the different philosophies behind these methodologies. Fossil energy use is identified by all methodologies as the most important driver of environmental burden of the majority of the commodities included,with the main exception of agricultural products. We conclude that a wide range of life cycle environmental assessment methodologies point into the same environmental direction for the production of many commodities.

  20. Techniques for Analyzing the Attractiveness of International Commodity Markets Under Conditions of Economic Globalization

    Directory of Open Access Journals (Sweden)

    Olha Pryhara

    2006-03-01

    Full Text Available This article examines existing techniques and proposes its own for analyzing the attractiveness of international commodity markets in light of the globalization of world economic processes. Taking into account the supranational nature of the world economic environment when examining categories in the attractiveness of international commodity markets, the author introduces a multilevel system of indicators: market attractiveness at the mega-level – global level; market attractiveness at the macro-level national level; market attractiveness at the mezo-level – level of an individual sector. The attractiveness of international commodity markets is considered to be the degree of conformity between market environment factors and the mega-, macro- and mezo-levels of the economic interests of enterprises concerning the entry into and strategies for their activity on the international commodity markets in the short-, medium- and long-term. The author designs a stage-by-stage technique for strategically analyzing the attractiveness of international commodity markets in order to frame efficient market strategies of enterprises. Relying on the proposed techniques, she rates the integrated indicators of market accessibility and the possibility of realizing the economic interests of enterprises in target markets, bringing the index data into a matrix of «market accessibility – opportunity for realizing the economic interests of enterprises.» The analysis of a country’s position in the matrix makes it possible to frame efficient market strategies for enterprises.

  1. SUBJECTIVITY UNDER CONSUMERISM: THE TOTALIZATION OF THE SUBJECT AS A COMMODITY

    Directory of Open Access Journals (Sweden)

    Marlon Xavier

    2016-08-01

    Full Text Available Abstract This theoretical work discusses consumerism's processes of subjectivation and their psychological consequences. Its regime is studied through its social imaginary and its totalitarian character: the discourse of advertising, as a global hegemon, absorbs all forms of discourse and signification, thereby actualizing capitalism's telos - the colonization of the Lebenswelt under a great imperative: everything must become a commodity, especially the subject. A process of totalization of subjectivity occurs under a commodification logic centered on the representation: every image must be transformed into commodity-signs. Thus the consumption imaginary appears as a totalizing ideology, functioning as archaic représentations collectives (Durkheim and simulating a religious imaginary. It mass-produces subjectivity through participation mystique (Lévy-Bruhl with its commodity-signs (and their fetish and the whole imaginary. Its subject is defined as a bricolage of consumable commodity-signs, being therefore eternally fluid, performative, and ethereal. Thus it produces an anthropological mutation, the commodity-subject: a disposable, empty, thoroughly commodified self.

  2. The Character of Price Transmission Within Milk Commodity Chain in the Czech Republic

    Directory of Open Access Journals (Sweden)

    Barbora Dudová

    2015-01-01

    Full Text Available The article is focused on price transmission within milk commodity chain in the Czech Republic. The article distinct on milk products with low value added – cow milk/paper box milk and products with higher value added – cow milk/butter. Price transmission is measured by the coefficient of elasticity of the price transmission (EPT; price transfer is examined in demand as well as supply direction. Next part of the analysis measures price differences (by coefficient determination – R2 in supply direction. Last step in this analysis is the impact of time delay at the price transmission process (measured by R2. The price transmission is asymmetric in the supply direction on both parts of commodity chain (EPT = 0.29 and 0.62, in the demand direction is more symmetric (EPT = 0.31 and 1.02. The assumption of better transfer of positive price changes was confirmed. At the commodity chain of milk/dairy products the time delay is not so much important. With both tested commodity chains there was found higher power of downstream markets, proving demand driven behaviour of these commodity chains, and there was detected oligopsony market structure as well. The data represent monthly prices on both chosen vertical levels in the period of 1/2000–8/2013.

  3. Determine the optimal carrier selection for a logistics network based on multi-commodity reliability criterion

    Science.gov (United States)

    Lin, Yi-Kuei; Yeh, Cheng-Ta

    2013-05-01

    From the perspective of supply chain management, the selected carrier plays an important role in freight delivery. This article proposes a new criterion of multi-commodity reliability and optimises the carrier selection based on such a criterion for logistics networks with routes and nodes, over which multiple commodities are delivered. Carrier selection concerns the selection of exactly one carrier to deliver freight on each route. The capacity of each carrier has several available values associated with a probability distribution, since some of a carrier's capacity may be reserved for various orders. Therefore, the logistics network, given any carrier selection, is a multi-commodity multi-state logistics network. Multi-commodity reliability is defined as a probability that the logistics network can satisfy a customer's demand for various commodities, and is a performance indicator for freight delivery. To solve this problem, this study proposes an optimisation algorithm that integrates genetic algorithm, minimal paths and Recursive Sum of Disjoint Products. A practical example in which multi-sized LCD monitors are delivered from China to Germany is considered to illustrate the solution procedure.

  4. 7 CFR 29.1181 - Summary of standard grades.

    Science.gov (United States)

    2010-01-01

    ... Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE COMMODITY STANDARDS AND STANDARD CONTAINER... B6KV 7 Mixed Grades M4F M4KR M4KM M4GK M5F M5KM M5GK 15 Grades of Green B4G B4GK C4G C4GK X4G X4GK P4G...

  5. 7 CFR 29.3181 - Summary of standard grades.

    Science.gov (United States)

    2010-01-01

    ... Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE COMMODITY STANDARDS AND STANDARD CONTAINER... T5GF T4F T4R T4VF T4GR T5F T5R T5VF T5GR T3FR T4D T4VR T4FR T5D T5VR T5FR T4K T4GF 8 Grades of Mixed...

  6. 75 FR 80637 - Business Conduct Standards for Swap Dealers and Major Swap Participants With Counterparties

    Science.gov (United States)

    2010-12-22

    ... Part III Commodity Futures Trading Commission 17 CFR Parts 23 and 155 Business Conduct Standards... FUTURES TRADING COMMISSION 17 CFR Parts 23 and 155 RIN 3038-AD25 Business Conduct Standards for Swap...-Frank Act'') relating generally to external business conduct standards for swap dealers and major swap...

  7. Financial states of world financial and commodities markets around sovereign debt crisis

    Science.gov (United States)

    Nobi, Ashadun; Lee, Jae Woo

    2017-11-01

    We applied a threshold method to construct a complex network from cross-correlations coefficients of 46 daily time series comprised of 23 global indices and 23 commodity futures from 2010 - 2014. We identify financial states of both global indices and commodity futures based on the change of the network structure. The trend of the average correlation is decreasing except sharp peak during crises during the study period. The threshold networks are generated at a threshold value of θ = 0.1 and the change of degrees of each node over time is used to identify the financial state for each index. We observe that commodity futures, such as EU CO2 emission, live cattle, natural gas as well as the financial indices of Jakarta and Indonesia stock exchange (JKSE) and Kuala Lumpur stock exchange (KLSE) change states frequently. By the average change in links we identify the indices which are more reactive to crises.

  8. Using Empirical Data to Estimate Potential Functions in Commodity Markets: Some Initial Results

    Science.gov (United States)

    Shen, C.; Haven, E.

    2017-12-01

    This paper focuses on estimating real and quantum potentials from financial commodities. The log returns of six common commodities are considered. We find that some phenomena, such as the vertical potential walls and the time scale issue of the variation on returns, also exists in commodity markets. By comparing the quantum and classical potentials, we attempt to demonstrate that the information within these two types of potentials is different. We believe this empirical result is consistent with the theoretical assumption that quantum potentials (when embedded into social science contexts) may contain some social cognitive or market psychological information, while classical potentials mainly reflect `hard' market conditions. We also compare the two potential forces and explore their relationship by simply estimating the Pearson correlation between them. The Medium or weak interaction effect may indicate that the cognitive system among traders may be affected by those `hard' market conditions.

  9. PROSPECTS OF THE KLEBAN-BYK RESERVOIR USE AS A SPECIAL COMMODITY FISH FARM

    Directory of Open Access Journals (Sweden)

    Khrystenko D.S.

    2013-09-01

    Full Text Available The current state of fish fauna was analized for the Kleban-Byk reservoir (village Konstantinovka of Donetsk region under the influence of fishery activity of a special commodity fish farms. Reservoir aboriginal fish fauna consists of species with low fishery value. The native fish fauna can not provide the high productivity of reservoir with a rational use of feed resources. However, linear and weight growth of alien fish species confirms the high trophic status of the reservoir and its potential for aquaculture under regime of special commodity fish farm. We also established the absence of negative effects of continuous fishery activities of special commodity fish farms on the life conditions of native fish fauna representatives.

  10. THE ANALYSIS OF THE COMMODITY PRICE FORECASTING SUCCESS CONSIDERING DIFFERENT LENGTHS OF THE INITIAL CONDITION DRIFT

    Directory of Open Access Journals (Sweden)

    Marcela Lascsáková

    2015-09-01

    Full Text Available In the paper the numerical model based on the exponential approximation of commodity stock exchanges was derived. The price prognoses of aluminium on the London Metal Exchange were determined as numerical solution of the Cauchy initial problem for the 1st order ordinary differential equation. To make the numerical model more accurate the idea of the modification of the initial condition value by the stock exchange was realized. By having analyzed the forecasting success of the chosen initial condition drift types, the initial condition drift providing the most accurate prognoses for the commodity price movements was determined. The suggested modification of the original model made the commodity price prognoses more accurate.

  11. Single-Commodity Vehicle Routing Problem with Pickup and Delivery Service

    Directory of Open Access Journals (Sweden)

    Goran Martinovic

    2008-01-01

    Full Text Available We present a novel variation of the vehicle routing problem (VRP. Single commodity cargo with pickup and delivery service is considered. Customers are labeled as either cargo sink or cargo source, depending on their pickup or delivery demand. This problem is called a single commodity vehicle routing problem with pickup and delivery service (1-VRPPD. 1-VRPPD deals with multiple vehicles and is the same as the single-commodity traveling salesman problem (1-PDTSP when the number of vehicles is equal to 1. Since 1-VRPPD specializes VRP, it is hard in the strong sense. Iterative modified simulated annealing (IMSA is presented along with greedy random-based initial solution algorithm. IMSA provides a good approximation to the global optimum in a large search space. Experiment is done for the instances with different number of customers and their demands. With respect to average values of IMSA execution times, proposed method is appropriate for practical applications.

  12. Real Time Business Analytics for Buying or Selling Transaction on Commodity Warehouse Receipt System

    Science.gov (United States)

    Djatna, Taufik; Teniwut, Wellem A.; Hairiyah, Nina; Marimin

    2017-10-01

    The requirement for smooth information such as buying and selling is essential for commodity warehouse receipt system such as dried seaweed and their stakeholders to transact for an operational transaction. Transactions of buying or selling a commodity warehouse receipt system are a risky process due to the fluctuations in dynamic commodity prices. An integrated system to determine the condition of the real time was needed to make a decision-making transaction by the owner or prospective buyer. The primary motivation of this study is to propose computational methods to trace market tendency for either buying or selling processes. The empirical results reveal that feature selection gain ratio and k-NN outperforms other forecasting models, implying that the proposed approach is a promising alternative to the stock market tendency of warehouse receipt document exploration with accurate level rate is 95.03%.

  13. Agricultural Commodity Price Shocks and their Effect on Growth in Sub-Saharan Africa

    OpenAIRE

    Addison, Tony; Ghoshray, Atanu

    2014-01-01

    Commodity price shocks are an important type of external shock and are often cited as a problem for economic growth in sub-Saharan Africa. This paper quantifies the impact of agricultural commodity price shocks using a near vector autoregressive model. The novel aspect of this model is that we define an auxiliary variable that can potentially capture the definition of a price shock that allows us to determine whether the response of per capita Gross domestic product (GDP) growth in sub-Sahara...

  14. Deconvolution single shot multibox detector for supermarket commodity detection and classification

    Science.gov (United States)

    Li, Dejian; Li, Jian; Nie, Binling; Sun, Shouqian

    2017-07-01

    This paper proposes an image detection model to detect and classify supermarkets shelves' commodity. Based on the principle of the features directly affects the accuracy of the final classification, feature maps are performed to combine high level features with bottom level features. Then set some fixed anchors on those feature maps, finally the label and the position of commodity is generated by doing a box regression and classification. In this work, we proposed a model named Deconvolutiuon Single Shot MultiBox Detector, we evaluated the model using 300 images photographed from real supermarket shelves. Followed the same protocol in other recent methods, the results showed that our model outperformed other baseline methods.

  15. Accelerating the Non-equispaced Fast Fourier Transform on Commodity Graphics Hardware

    DEFF Research Database (Denmark)

    Sørensen, Thomas Sangild; Schaeffter, Tobias; Noe, Karsten Østergaard

    2008-01-01

    We present a fast parallel algorithm to compute the Non-equispaced fast Fourier transform on commodity graphics hardware (the GPU). We focus particularly on a novel implementation of the convolution step in the transform, which was previously its most time consuming part. We describe the performa......We present a fast parallel algorithm to compute the Non-equispaced fast Fourier transform on commodity graphics hardware (the GPU). We focus particularly on a novel implementation of the convolution step in the transform, which was previously its most time consuming part. We describe...

  16. Monetary Policy, Commodity Prices and Infl ation – Empirical Evidence from the US

    OpenAIRE

    Verheyen, Florian

    2010-01-01

    The past years were characterized by unprecedented rises in prices of commodities such as oil or wheat and inflation rates moved up above the mark of two percent per annum. This led to a revival of the debate whether commodity prices indicate future CPI inflation and if they can be used as indicator variables for central banks or not. We apply various econometric methods like Granger causality tests and SVAR models to US data. The results corroborate the notion that there was a strong link be...

  17. International Commodities Prices, Growth and the Outbreak of Civil War in Sub-Saharan Africa

    OpenAIRE

    Markus Bruckner; Antonio Ciccone

    2010-01-01

    To learn more about the effect of economic conditions on civil war, we examine whether Sub-Saharan civil wars are more likely to start following downturns in the international price of countries’ main export commodities. The data show a robust effect of commodity price downturns on the outbreak of civil wars. We also find that Sub-Saharan countries are more likely to see civil wars following economic downturns in their main OECD export destinations.

  18. International strategic minerals inventory. Summary report. A regional assessment of selected mineral commodities in subequatorial Africa

    Energy Technology Data Exchange (ETDEWEB)

    Coakley, G.J.; Crockett, R.N.; Hammerbeck, E.C.I.

    1991-09-01

    The major mineral resources of 19 countries of central and northern Africa are described in this summary report. A total of 27 categories of individual commodities, or groups of closely related commodities, are analyzed in detail. A simplified geologic map places these mineral resources within their broad geologic environments. A companion infrastructure map locates mines and deposits and highlights currently existing rail transport and export harbor capacities available to support the regional development of mineral resources. A summary listing of known mining and foreign investment legislation in each country is presented, as is a list of the mineral agencies of each country.

  19. Historical statistics for mineral and material commodities in the United States

    Science.gov (United States)

    Kelly, Thomas; Matos, Grecia; with Buckingham, David; DiFrancesco, Carl; Porter, Kenneth; Berry, Cyrus; Crane, Melissa; Goonan, Thomas; Sznopek, John

    2005-01-01

    The U.S. Geological Survey (USGS) provides information to the public and to policy-makers concerning the current use and flow of minerals and materials in the United States economy. The USGS collects, analyzes, and disseminates minerals information on most nonfuel mineral commodities.This USGS digital database is an online compilation of historical U.S. statistics on mineral and material commodities. The database contains information on approximately 90 mineral commodities, including production, imports, exports, and stocks; reported and apparent consumption; and unit value (the real and nominal price in U.S. dollars of a metric ton of apparent consumption). For many of the commodities, data are reported as far back as 1900. Each commodity file includes a document that describes the units of measure, defines terms, and lists USGS contacts for additional information End-use tables complement these statistics by supplying, for most of these commodities, information about the distribution of apparent consumption.This publication draws on more than 125 years of minerals information experience. At the request of the 47th Congress of the United States (1882; 22 Stat. 329), the U.S. Government began the collection and public distribution of these types of data. The Federal agencies responsible for the collection of the data have changed through time. For the years 1882-1924, the USGS collected and published these data; the U.S. Bureau of Mines (USBM) performed these tasks from 1925-95; and in 1996, the responsibilities once again passed to the USGS (following the closure of the USBM) (Mlynarski, 1998).The USGS collects data on a monthly, quarterly, semiannual, and annual basis from more than 18,000 minerals-related producer and consumer establishments that cooperate with the USGS. These companies voluntarily complete about 40,000 canvass forms that survey production, consumption, recycling, stocks, shipments, and other essential information. Data are also gathered from

  20. Implementation of Sanitary and Phytosanitary Standards in South ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    The establishment of the World Trade Organization (WTO) in 1995 was heralded as ushering in a new era of trade liberalization. This optimism was based on the understanding that the WTO would operate as a rules-based organization with regulations governing trade in agricultural commodities set out in the standards ...

  1. relevance of standardization and grading in marketing of grains

    African Journals Online (AJOL)

    the market. Standardization results in meaningful price quotations. By having widely accepted grades, prices quotations for a given grade of commodity in one market can compare to .... Correlation analysis was used to determine the relationship between the .... moisture content and pest infestation depending on the nature ...

  2. Integrating ecosystem services into the tropical commodity value chain : cocoa, soy and palm oil

    NARCIS (Netherlands)

    Berg, van den J.; Ingram, V.J.; Judge, L.O.; Arets, E.J.M.M.

    2014-01-01

    This technical report explores the governance options available to the Dutch government to promote the sustainable use and maintenance of ecosystem services in tropical commodity value chains with Dutch links. It examines how ecosystem services can be given a more explicit role in public and market

  3. 49 CFR 179.102 - Special commodity requirements for pressure tank car tanks.

    Science.gov (United States)

    2010-10-01

    ... car tanks. 179.102 Section 179.102 Transportation Other Regulations Relating to Transportation... REGULATIONS SPECIFICATIONS FOR TANK CARS Specifications for Pressure Tank Car Tanks (Classes DOT-105, 109, 112, 114 and 120) § 179.102 Special commodity requirements for pressure tank car tanks. (a) In addition to...

  4. Crushing Candy: The Free-to-Play Game in Its Connective Commodity Form

    NARCIS (Netherlands)

    Nieborg, D.B.

    2015-01-01

    The goal of this article is to add a complementary perspective to the study of social network sites by surveying how the political economy of social media platforms relates to the structure of free-to-play games in their commodity form. Drawing on the theory of multisided markets and critical

  5. 41 CFR 51-3.3 - Assignment of commodity or service.

    Science.gov (United States)

    2010-07-01

    ... evaluating its potential for possible future addition to the Procurement List, except that the Committee... commodity shall obtain a decision from Federal Prison Industries on the exercise or waiver of its priority and shall submit the procurement information required by Federal Prison Industries when it requests...

  6. A More Perfect Commodity: Bottled Water, Global Accumulation, and Local Contestation

    Science.gov (United States)

    Jaffee, Daniel; Newman, Soren

    2013-01-01

    Bottled water sits at the intersection of debates regarding the social and environmental effects of the commodification of nature and the ways neoliberal globalization alters the provision of public services. Utilizing Polanyi's concept of fictitious commodities and Harvey's work on accumulation by dispossession, this article traces bottled…

  7. 7 CFR 917.20 - Designation of members of commodity committees.

    Science.gov (United States)

    2010-01-01

    ... members of each said committees shall be selected biennially for a term ending on the last day of February of odd numbered years, and such members shall serve until their respective successors are selected... Date Note: At 59 FR 10055, Mar. 3, 1994, in § 917.20, the words “a Pear Commodity Committee and” were...

  8. Gold nanoparticle catalyzed oxidation of alcohols - From biomass to commodity chemicals

    DEFF Research Database (Denmark)

    Taarning, Esben; Christensen, Claus H.

    2007-01-01

    One of the greatest challenges that the chemical industry faces today is to become less dependent on fossil resources, and oil in particular. One way of addressing this challenge is to find ways to transform renewable resources into commodity chemicals. Renewable resources such as carbohydrates...

  9. Commodity Cluster Computing for Remote Sensing Applications using Red Hat LINUX

    Science.gov (United States)

    Dorband, John

    2003-01-01

    Since 1994, we have been doing research at Goddard Space Flight Center on implementing a wide variety of applications on commodity based computing clusters. This talk is about these clusters and haw they are used on these applications including ones for remote sensing.

  10. Cross-correlations between RMB exchange rate and international commodity markets

    Science.gov (United States)

    Lu, Xinsheng; Li, Jianfeng; Zhou, Ying; Qian, Yubo

    2017-11-01

    This paper employs multifractal detrended analysis (MF-DFA) and multifractal detrended cross-correlation analysis (MF-DCCA) to study cross-correlation behaviors between China's RMB exchange rate market and four international commodity markets, using a comprehensive set of data covering the period from 22 July 2005 to 15 March 2016. Our empirical results from MF-DFA indicate that the RMB exchange rate is the most inefficient among the 4 selected markets. The results from quantitative analysis have testified the existence of cross-correlations and the result from MF-DCCA have further confirmed a strong multifractal behavior between RMB exchange rate and international commodity markets. We also demonstrate that the recent financial crisis has significant impact on the cross-correlated behavior. Through the rolling window analysis, we find that the RMB exchange rates and international commodity prices are anti-persistent cross-correlated. The main sources of multifractality in the cross-correlations are long-range correlations between RMB exchange rate and the aggregate commodity, energy and metals index.

  11. Mould deterioration of agricultural commodities during transit: problems faced by developing countries.

    Science.gov (United States)

    Bhat, R V

    1988-12-01

    Huge quantities of agricultural commodities are being either imported or exported by the developing countries. The commodities have to be transported from the fields of cultivation to the centres of consumption, considerable time being taken for the movement not only because of long distances but also because of various socio-economic, environmental and biological reasons. These commodities are likely to be damaged by mould growth and subsequent aflatoxin accumulation. If the contamination occurs during transit, often no insurance cover for the risk is available. Because of different methods of sampling followed in the exporting and importing countries it is often difficult to define the exact responsibility of the development of aflatoxin as having taken place during transit. The statistics of the export of aflatoxin high-risk commodities like red pepper (chillies), cotton seed and groundnut extractions clearly, for the last decade, demonstrate the extent of loss suffered by the exporting countries because of aflatoxins. The problem of mould damage and mycotoxin contamination can be minimised by improving facilities for storage at ports and transit points as well as on ships.

  12. 7 CFR 1962.19 - Claims against Commodity Credit Corporation (CCC).

    Science.gov (United States)

    2010-01-01

    ..., DEPARTMENT OF AGRICULTURE (CONTINUED) PROGRAM REGULATIONS (CONTINUED) PERSONAL PROPERTY Servicing and Liquidation of Chattel Security § 1962.19 Claims against Commodity Credit Corporation (CCC). This section is... the case should be liquidated in accordance with § 1962.40 of this subpart. Any liquidation action...

  13. Description of historical crop calendar data bases developed to support foreign commodity production forecasting project experiments

    Science.gov (United States)

    West, W. L., III (Principal Investigator)

    1981-01-01

    The content, format, and storage of data bases developed for the Foreign Commodity Production Forecasting project and used to produce normal crop calendars are described. In addition, the data bases may be used for agricultural meteorology, modeling of stage sequences and planting dates, and as indicators of possible drought and famine.

  14. The top 50 commodity chemicals: Impact of catalytic process limitations on energy, environment, and economics

    Energy Technology Data Exchange (ETDEWEB)

    Tonkovich, A.L.Y.; Gerber, M.A.

    1995-08-01

    The production processes for the top 50 U.S. commodity chemicals waste energy, generate unwanted byproducts, and require more than a stoichiometric amount of feedstocks. Pacific Northwest Laboratory has quantified this impact on energy, environment, and economics for the catalytically produced commodity chemicals. An excess of 0.83 quads of energy per year in combined process and feedstock energy is required. The major component, approximately 54%, results from low per-pass yields and the subsequent separation and recycle of unreacted feedstocks. Furthermore, the production processes, either directly or through downstream waste treatment steps, release more than 20 billion pounds of carbon dioxide per year to the environment. The cost of the wasted feedstock exceeds 2 billion dollars per year. Process limitations resulting from unselective catalysis and unfavorable reaction thermodynamic constraints are the major contributors to this waste. Advanced process concepts that address these problems in an integrated manner are needed to improve process efficiency, which would reduce energy and raw material consumption, and the generation of unwanted byproducts. Many commodity chemicals are used to produce large volume polymer products. Of the energy and feedstock wasted during the production of the commodity chemicals, nearly one-third and one-half, respectively, represents chemicals used as polymer precursors. Approximately 38% of the carbon dioxide emissions are generated producing polymer feedstocks.

  15. 7 CFR 5.4 - Commodities for which parity prices shall be calculated.

    Science.gov (United States)

    2010-01-01

    ..., types 35-36; sun-cured, type 37; Pennsylvania seedleaf, type 41; cigar filler and binder, types 42-44 and 53-55; Puerto Rican filler, type 46; and cigar binder, types 51-52. 1 For the purpose of..., cabbage, sweet corn, cucumbers, green peas, spinach and tomatoes. other commodities Beef cattle; hogs...

  16. The Effects of Digital Marketing of Unhealthy Commodities on Young People: A Systematic Review.

    Science.gov (United States)

    Buchanan, Limin; Kelly, Bridget; Yeatman, Heather; Kariippanon, Kishan

    2018-01-29

    The marketing of unhealthy commodities through traditional media is known to impact consumers' product attitudes and behaviors. Less is known about the impacts of digital marketing (online promotional activities), especially among young people who have a strong online presence. This review systematically assesses the relationship between digital marketing and young people's attitudes and behaviors towards unhealthy commodities. Literature was identified in June 2017 by searches in six electronic databases. Primary studies (both qualitative and quantitative) that examined the effect of digital marketing of unhealthy food or beverages, alcohol and tobacco products on young people's (12 to 30 years) attitudes, intended and actual consumption were reviewed. 28 relevant studies were identified. Significant detrimental effects of digital marketing on the intended use and actual consumption of unhealthy commodities were revealed in the majority of the included studies. Findings from the qualitative studies were summarized and these findings provided insights on how digital marketing exerts effects on young people. One of the key findings was that marketers used peer-to-peer transmission of messages on social networking sites (e.g., friends' likes and comments on Facebook) to blur the boundary between marketing contents and online peer activities. Digital marketing of unhealthy commodities is associated with young people's use and beliefs of these products. The effects of digital marketing varied between product types and peer endorsed marketing (earned media) may exert greater negative impacts than owned or paid media marketing.

  17. Understanding the Market for Agro-Commodities in the West Bank ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    This baseline assessment of the food consumption-production process will encompass food production, food availability, and food marketing. The project also aims to: - develop a network of stakeholders involved in food policy in the West Bank; - analyze the major crops and agro-commodities produced and consumed in ...

  18. 76 FR 37766 - Specified Commodities Imported Into the United States, Exempt From Import Regulations; Request...

    Science.gov (United States)

    2011-06-28

    ... Commodity Form,'' prior to importation, through the Marketing Order Online System (MOLS). Launched in August... DEPARTMENT OF AGRICULTURE Agricultural Marketing Service [Doc. No. AMS-FV-11-0053; FV11-944-1 NC... of a Currently Approved Information Collection AGENCY: Agricultural Marketing Service, USDA. ACTION...

  19. The Effects of Digital Marketing of Unhealthy Commodities on Young People: A Systematic Review

    Directory of Open Access Journals (Sweden)

    Limin Buchanan

    2018-01-01

    Full Text Available The marketing of unhealthy commodities through traditional media is known to impact consumers’ product attitudes and behaviors. Less is known about the impacts of digital marketing (online promotional activities, especially among young people who have a strong online presence. This review systematically assesses the relationship between digital marketing and young people’s attitudes and behaviors towards unhealthy commodities. Literature was identified in June 2017 by searches in six electronic databases. Primary studies (both qualitative and quantitative that examined the effect of digital marketing of unhealthy food or beverages, alcohol and tobacco products on young people’s (12 to 30 years attitudes, intended and actual consumption were reviewed. 28 relevant studies were identified. Significant detrimental effects of digital marketing on the intended use and actual consumption of unhealthy commodities were revealed in the majority of the included studies. Findings from the qualitative studies were summarized and these findings provided insights on how digital marketing exerts effects on young people. One of the key findings was that marketers used peer-to-peer transmission of messages on social networking sites (e.g., friends’ likes and comments on Facebook to blur the boundary between marketing contents and online peer activities. Digital marketing of unhealthy commodities is associated with young people’s use and beliefs of these products. The effects of digital marketing varied between product types and peer endorsed marketing (earned media may exert greater negative impacts than owned or paid media marketing.

  20. 76 FR 23539 - Proposed Information Collection; Comment Request; Commodity Flow Survey

    Science.gov (United States)

    2011-04-27

    ... planning organizations, and the business community. The Commodity Flow Survey is co-sponsored by the Bureau of Transportation Statistics, Research and Innovative Technology Administration, Department of..., industry, and mode of transportation. The Census Bureau will publish these shipment characteristics for the...

  1. Russian-Friendly: How Russian Became a Commodity in Europe and Beyond

    Science.gov (United States)

    Pavlenko, Aneta

    2017-01-01

    The purpose of this paper is to examine how Russian became a commodity in the global service industry in the decade between 2004 and 2014 and, in some places, much earlier. I will begin with a discussion of sociolinguistic theory of "commodification of language", focusing on aspects critical for this case study. Then, I will trace the…

  2. 75 FR 15403 - Information Collection, Procurement of Agricultural Commodities for Foreign Donation

    Science.gov (United States)

    2010-03-29

    ... acquire commodities. The Web-Based Supply Chain System (WBSCM) is a new procurement system in development... freight rates to KCCO using the Freight Bid Entry System (FBES). Use of this system enhances bidding... of Management and Budget, Washington, DC 20503. Copies of the information collection may be obtained...

  3. Russian as a Commodity: Medical Tourism and the Healthcare Industry in Post-Soviet Lithuania

    Science.gov (United States)

    Muth, Sebastian

    2017-01-01

    The focus of this paper is on Lithuania, where government policies continue to limit the use of Russian in education, the public space and the media, while the local economy has recognized proficiency in Russian as a commodity. This is particularly salient in the healthcare industry that grew significantly in the past years with patients from…

  4. The Ivorian pineapple : social action within the international pineapple commodity network

    NARCIS (Netherlands)

    Willems, S.

    2006-01-01

    Today, a significant part of the agricultural commodities that we find at markets in the West are cultivated in developing countries. Many of these products are shipped around the world, passing through a complex network of actors involved in production, distribution and marketing activities. Who

  5. 75 FR 29307 - Web Based Supply Chain Management Commodity Offer Form, Paperwork Collection Notice

    Science.gov (United States)

    2010-05-25

    ... Based Supply Chain Management Commodity Offer Form, Paperwork Collection Notice AGENCY: Agricultural...: WBSCM Offer Forms. OMB Number: 0581-NEW. Expiration Date: Three years from approval. Type of Request... entered and received electronically in WBSCM. All of the domestic offer information will be entered and...

  6. Optimal resource allocation and load scheduling for a multi-commodity smart energy system

    NARCIS (Netherlands)

    Blaauwbroek, N.; Nguyen, P.H.; Shi, H.; Kamphuis, I.G.; Kling, W.L.; Konsman, M.J.

    2015-01-01

    The increasing introduction of district heating systems together with hybrid energy appliances as heat pumps and micro-combined heat and power installations, results in new opportunities for optimizing the available resources in multi-commodity smart energy systems, including electricity, heat and

  7. 17 CFR 4.14 - Exemption from registration as a commodity trading advisor.

    Science.gov (United States)

    2010-04-01

    ... to register under the Act as a commodity trading advisor if: (1) It is a dealer, processor, broker... affiliated with the pool conducts any marketing activity for the purpose of, or that could reasonably have... affiliated with the pool conducts any marketing activity from within the United States, its territories or...

  8. 49 CFR 1039.10 - Exemption of agricultural commodities except grain, soybeans, and sunflower seeds.

    Science.gov (United States)

    2010-10-01

    ..., soybeans, and sunflower seeds. 1039.10 Section 1039.10 Transportation Other Regulations Relating to... REGULATIONS EXEMPTIONS § 1039.10 Exemption of agricultural commodities except grain, soybeans, and sunflower... (STCC No. 0113), soybeans (STCC No. 01144), and sunflower seeds (STCC No. 0114940). 09 Fresh fish and...

  9. Potential of commodity chemicals to become bio-based according to maximum yields and petrochemical prices

    NARCIS (Netherlands)

    Straathof, Adrie J.J.; Bampouli, A.

    2017-01-01

    Carbohydrates are the prevailing biomass components available for bio-based production. The most direct way to convert carbohydrates into commodity chemicals is by one-step conversion at maximum theoretical yield, such as by anaerobic fermentation without side product formation. Considering these

  10. 76 FR 8961 - Rules on Source, Origin and Nationality for Commodities and Services Financed by USAID

    Science.gov (United States)

    2011-02-16

    ... Nationality for Commodities and Services Financed by USAID AGENCY: United States Agency for International Development (USAID). ACTION: Advanced notice of proposed rulemaking. SUMMARY: The purpose of this notice is to solicit comments on whether changes are needed to USAID's rules on Source, Origin, and Nationality (S/O/N...

  11. From Commodity Production to Sign Production: A Triple Triangle Model for Marx's Semiotics and Peirce's Economics.

    Science.gov (United States)

    Kim, Joohoan

    Using the viewpoint of semiotics, this paper "re-reads" Karl Marx's labor theory of value and suggests a "triple triangle" model for commodity production and shows how this model could be a model for semiosis in general. The paper argues that there are three advantages to considering homogeneity of the sign production and the…

  12. Occurrence of ochratoxin A in commodities and processed food - A review of EU occurrence data

    DEFF Research Database (Denmark)

    Jørgensen, Kevin

    2005-01-01

    A brief review on the occurrence of ochratoxin A in commodities and processed food on the European market (meat and meat products, cereal and cereal products, spices, beer, cocoa and derived products, coffee, wine, dried vine fruits, grape juice) is given in an historical perspective based on two...

  13. Trash to treasure: Production of biofuels and commodity chemicals via syngas fermenting microorganisms

    DEFF Research Database (Denmark)

    Latif, Haythem; Zeidan, Ahmad; Nielsen, Alex Toftgaard

    2014-01-01

    Fermentation of syngas is a means through which unutilized organic waste streams can be converted biologically into biofuels and commodity chemicals. Despite recent advances, several issues remain which limit implementation of industrial-scale syngas fermentation processes. At the cellular level...

  14. Outbreak-associated Salmonella enterica Serotypes and Food Commodities, United States, 1998- 2008

    Centers for Disease Control (CDC) Podcasts

    2013-09-09

    Dr. Mike Miller reads an abridged version of the Emerging Infectious Diseases’ study, Outbreak-associated Salmonella enterica Serotypes and Food Commodities, United States, 1998- 2008.  Created: 9/9/2013 by National Center for Emerging and Zoonotic Infectious Diseases (NCEZID).   Date Released: 9/9/2013.

  15. 31 CFR 560.530 - Commercial sales, exportation, and reexportation of agricultural commodities, medicine, and...

    Science.gov (United States)

    2010-07-01

    .... technology or software used to manufacture agricultural commodities, medicine, or medical devices, such as technology to design or produce biotechnological items or medical devices. (4) Nothing in this section or in... packaged foods; live animals; vitamins and minerals; food additives or supplements; and bottled drinking...

  16. 31 CFR 538.523 - Commercial sales, exportation, and reexportation of agricultural commodities, medicine, and...

    Science.gov (United States)

    2010-07-01

    ... pursuant to paragraph (a) of this section affects prohibitions on the sale or supply of U.S. technology or software used to manufacture agricultural commodities, medicine, or medical devices, such as technology to..., and packaged foods; live animals; vitamins and minerals; food additives or supplements; and bottled...

  17. 48 CFR 470.201 - Acquisition of commodities and freight shipment for Foreign Agricultural Service programs.

    Science.gov (United States)

    2010-10-01

    ... Acquisition Regulations System DEPARTMENT OF AGRICULTURE FOOD ASSISTANCE PROGRAMS COMMODITY ACQUISITIONS 470... purchased that is determined is necessary and practicable to meet 46 U.S.C. 55314(c)(3) and cargo preference... structures, proper ventilation, freedom from insects and rodents, cleanliness, and overall good housekeeping...

  18. Dynamic of consumer groups and response of commodity markets by principal component analysis

    Science.gov (United States)

    Nobi, Ashadun; Alam, Shafiqul; Lee, Jae Woo

    2017-09-01

    This study investigates financial states and group dynamics by applying principal component analysis to the cross-correlation coefficients of the daily returns of commodity futures. The eigenvalues of the cross-correlation matrix in the 6-month timeframe displays similar values during 2010-2011, but decline following 2012. A sharp drop in eigenvalue implies the significant change of the market state. Three commodity sectors, energy, metals and agriculture, are projected into two dimensional spaces consisting of two principal components (PC). We observe that they form three distinct clusters in relation to various sectors. However, commodities with distinct features have intermingled with one another and scattered during severe crises, such as the European sovereign debt crises. We observe the notable change of the position of two dimensional spaces of groups during financial crises. By considering the first principal component (PC1) within the 6-month moving timeframe, we observe that commodities of the same group change states in a similar pattern, and the change of states of one group can be used as a warning for other group.

  19. A local search heuristic for the Multi-Commodity k-splittable Maximum Flow Problem

    DEFF Research Database (Denmark)

    Gamst, Mette

    2014-01-01

    , a local search heuristic for solving the problem is proposed. The heuristic is an iterative shortest path procedure on a reduced graph combined with a local search procedure to modify certain path flows and prioritize the different commodities. The heuristic is tested on benchmark instances from...

  20. "Beyond the commodity metaphor," revisited: Some methodological reflections on place attachment research

    Science.gov (United States)

    Daniel R. Williams

    2014-01-01

    The year 1992 was a watershed for research on place attachment. Not only was the landmark book Place Attachment (Altman & Low, 1992) published, in that same year some colleagues and I published "Beyond the Commodity Metaphor" in the journal Leisure Sciences (Williams et al., 1992). Our paper was not intended as a methodological contribution to place...