The Economic Importance of Mineral Production in Iran, Pakistan and Turkey in View of Co-operation in Mineral Exports and Interregional Trade*

Directory of Open Access Journals (Sweden)

Zeki Doğan

1968-06-01

Full Text Available Possibilities of co-operation are discussed regarding exports of mineral commodities, namely, chromite and marble which are produced by the three regional countries.  In order to improve the opportunities for the regional trade among Iran, Pakistan and Turkey, the following minerals can offer potentialities: coking coal, sulphur, barite, bentonite, magnesite, lead and zinc ores and boron minerals, which are in short supply in one country and abundant in another.

Critical mineral resources of the United States—An introduction

Science.gov (United States)

Schulz, Klaus J.; DeYoung, John H.; Seal, Robert R.; Bradley, Dwight C.; Schulz, Klaus J.; DeYoung,, John H.; Seal, Robert R.; Bradley, Dwight C.

2017-12-19

Many changes have taken place in the mineral resource sector since the publication by the U.S. Geological Survey of Professional Paper 820, “United States Mineral Resources,” which is a review of the long-term United States resource position for 65 mineral commodities or commodity groups. For example, since 1973, the United States has continued to become increasingly dependent on imports to meet its demands for an increasing number of mineral commodities. The global demand for mineral commodities is at an alltime high and is expected to continue to increase, and the development of new technologies and products has led to the use of a greater number of mineral commodities in increasing quantities to the point that, today, essentially all naturally occurring elements have several significant industrial uses. Although most mineral commodities are present in sufficient amounts in the earth to provide adequate supplies for many years to come, their availability can be affected by such factors as social constraints, politics, laws, environmental regulations, land-use restrictions, economics, and infrastructure.This volume presents updated reviews of 23 mineral commodities and commodity groups viewed as critical to a broad range of existing and emerging technologies, renewable energy, and national security. The commodities or commodity groups included are antimony, barite, beryllium, cobalt, fluorine, gallium, germanium, graphite, hafnium, indium, lithium, manganese, niobium, platinum-group elements, rare-earth elements, rhenium, selenium, tantalum, tellurium, tin, titanium, vanadium, and zirconium. All these commodities have been listed as critical and (or) strategic in one or more of the recent studies based on assessed likelihood of supply interruption and the possible cost of such a disruption to the assessor. For some of the minerals, current production is limited to only one or a few countries. For many, the United States currently has no mine production or any

Primary Commodity Dependency: A Limiting Factor for Achieving Democracy

Science.gov (United States)

2010-03-24

two ~gricultural crops, minerals, petroleum, or fisheries can be considered primary commodity dependent. Tea, coffee, and cocoa ; peanuts and cotton...Rostow’s Development Model Pre-conditions for take-off mass consumption democracy. In 1960s, economists, associated democratization to a developmental...Commodities can be renewable or non-renewable. Petroleum, diamonds, cocoa , bananas, coffee, and timber are just a few of the commodities that have

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

Composition of Mineral Produced by Dental Mesenchymal Stem Cells.

Science.gov (United States)

Volponi, A A; Gentleman, E; Fatscher, R; Pang, Y W Y; Gentleman, M M; Sharpe, P T

2015-11-01

Mesenchymal stem cells isolated from different dental tissues have been described to have osteogenic/odontogenic-like differentiation capacity, but little attention has been paid to the biochemical composition of the material that each produces. Here, we used Raman spectroscopy to analyze the mineralized materials produced in vitro by different dental cell populations, and we compared them with the biochemical composition of native dental tissues. We show that different dental stem cell populations produce materials that differ in their mineral and matrix composition and that these differ from those of native dental tissues. In vitro, BCMP (bone chip mass population), SCAP (stem cells from apical papilla), and SHED (stem cells from human-exfoliated deciduous teeth) cells produce a more highly mineralized matrix when compared with that produced by PDL (periodontal ligament), DPA (dental pulp adult), and GF (gingival fibroblast) cells. Principal component analyses of Raman spectra further demonstrated that the crystallinity and carbonate substitution environments in the material produced by each cell type varied, with DPA cells, for example, producing a more carbonate-substituted mineral and with SCAP, SHED, and GF cells creating a less crystalline material when compared with other dental stem cells and native tissues. These variations in mineral composition reveal intrinsic differences in the various cell populations, which may in turn affect their specific clinical applications. © International & American Associations for Dental Research 2015.

Federal Republic of Germany: Commodities report 2003

International Nuclear Information System (INIS)

2004-01-01

The Federal Institute for Geosciences and Natural Resources (BGR) has compiled the facts and figures in a commodities report for 25 years. This report summarises Germany's mineral and energy commodities trading, consumption and supply situation. After fears of shortages in the early 70s, this 25-year-period was mainly characterised by the feeling that mineral resources would always be available on the international markets in adequate quantities. And although there has been no change in the situation even up to the present day, the world markets for mineral resources are currently undergoing a structural change: the old rule of thumb that 20% of humanity in Europe, the USA and Japan consumed more than 80% of resource production is no longer valid. With India, the People's Republic of China, not to mention other heavily populated emerging countries, over half of the world's population is now involved in the demand for minerals. This means that the growth in world economic demand for natural resources is at the beginning of a new growth curve. (orig.)

Canadian minerals yearbook : 2004 review and outlook

International Nuclear Information System (INIS)

2004-01-01

The main focus of the CMY publication is the non-fuel mineral industry, together with uranium, although all mineral fuels are normally included when the total value of Canada's mineral production is reported. The Yearbook includes chapters devoted to each major mineral commodity produced in Canada: aluminum, coal, copper, diamonds, gold, iron ore, magnesium, nickel, potash, salt, silica, and uranium. The subject matter spans all stages of mineral industry activity from geoscience and exploration, through mining and processing, to markets and use. Although domestic issues receive the greatest attention in each chapter, international developments may also be reviewed because of the global nature of the mineral industry and the significant impact that such developments could have on the Canadian industry

25 CFR 213.17 - Government reserves right to purchase minerals produced.

Science.gov (United States)

2010-04-01

... 25 Indians 1 2010-04-01 2010-04-01 false Government reserves right to purchase minerals produced... Leases § 213.17 Government reserves right to purchase minerals produced. In time of war or other public... prevailing market price on the date of sale all or any part of the minerals produced under any lease. Rents...

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)

COMMODITY CURRENCIES: UM FENÔMENO REAL NO BRASIL?

Directory of Open Access Journals (Sweden)

Rodrigo Branco

Full Text Available RESUMO Este trabalho tem por objetivo investigar o possível enquadramento que a moeda brasileira, o real, possa ter no modelo de commodity currencies. As evidências encontradas mostram uma correlação significativa da trajetória percorrida pelo real na última década com o esquema de commodity currencies, em que a taxa de câmbio do país tende a acompanhar a evolução dos preços internacionais das commodities, grupo de produtos básicos advindos principalmente dos setores agrícola e mineral.

Construction Minerals Operations

Data.gov (United States)

Department of Homeland Security — This map layer includes construction minerals operations in the United States. The data represent commodities covered by the Minerals Information Team (MIT) of the...

Agricultural Minerals Operations

Data.gov (United States)

Department of Homeland Security — This map layer includes agricultural minerals operations in the United States. The data represent commodities covered by the Minerals Information Team (MIT) of the...

Managing commodity markets: the case of OPEC

International Nuclear Information System (INIS)

Salman, R.; Ferroukhi, R.

1993-01-01

Since primary commodity producers first took control of their natural resources, they have attempted to utilize production/price management with varying degrees of success. As a tool aimed at regulating, rather than controlling, commodity markets, this type of resource management is an essential means of achieving realistic economic returns, which, in the long run, serves the interests of the producer of the commodity in question, as well as its consumer. By regulating commodity markets in times of stable prices producing countries would benefit from a steady and constant level of export earnings, thus allowing them to achieve a sustainable level of economic development. As far as the oil market is concerned, stable prices, set in a range favourable to both producers and consumers, would give investors the confidence needed for long-term exploration. This is particularly important for a commodity such as oil, at a time when the lead time between exploration starting and actual production getting under way is increasing. Not only would producers benefit from stable export earnings, which are an essential requirement for the planning of their development process, but consuming countries would at the same time benefit in two ways: first, they would gain security of supply; and second, as fluctuations in their expenditure for this commodity are reduced, they would be a position to manage their economies more efficiently. (author)

Australian mineral industry annual review for 1982

Energy Technology Data Exchange (ETDEWEB)

1984-01-01

The Australian mineral industry annual review records the activities and development of the Australian mineral industry and reports production, consumption, treatment, trade, prices, new developments, exploration and resources for mineral commodities including fuels, and summarises equivalent developments abroad. The present volume reviews activities and developments in 1982. Part 1 (General Review) - after briefly surveying the world mineral industry, summarises developments in the Australian mineral industry as a whole, under the headings: the industry in the national economy; important recent developments; production; overseas trade; prices; exploration expenditure; investment; income tax; royalties; structural data; wages and salaries; industrial disputes; and government assistance, legislation and controls. Part 2 (Commodity Review) - covers industrial mineral commodities, from abrasives to zirconium. Part 3 (Mining Census) - tabulates statistics extracted from the mining census, together with some mineral processing statistics from the manufacturing census. Part 4 (Miscellaneous) - tabulates quantum and value data on mineral output provided by State departments of mines and their equivalents.

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.

Limits to Arbitrage and Hedging: Evidence from Commodity Markets

OpenAIRE

Acharya, Viral V; Lochstoer, Lars; Ramadorai, Tarun

2009-01-01

Motivated by the literature on limits-to-arbitrage, we build an equilibrium model of commodity markets in which speculators are capital constrained, and commodity producers have hedging demands for commodity futures. Increases (decreases) in producers' hedging demand (speculators' risk-capacity) increase hedging costs via price-pressure on futures, reduce producers' inventory holdings, and thus spot prices. Consistent with our model, producers' default risk forecasts futures returns, spot pri...

How rich is Australia's minerals endowment and is it adequate to sustain a major role in meeting international demand?

Science.gov (United States)

Lambert, I. B.

2012-04-01

Dr Ian Lambert, Geoscience Australia and Secretary General 34th International Geological Congress Australia has comparative advantages in production of mineral commodities compared to most other countries. These stem from its rich and diverse mineral endowment; availability of regional scale (pre-competitive) geoscience information to lower the risks of exploration; advances in exploration, mining and processing technologies; skilled work force; generally benign physical conditions; and low population density. Building on these strengths, Australia is a major producer and exporter of a wide range of mineral and energy commodities to global markets. Given that demand for most major commodities is likely to continue, and that there will be growing markets for some other commodities, Australia needs to have a strategic view of what is likely to be available for mining. Further, Australia (and the world) needs to be attuned to issues that need to be faced in meeting international demand for commodities in the long term. This presentation outlines how Australia's national minerals inventory is compiled. It discusses trends for Australia's identified mineral resources for major commodities, and how these compare with other major mining nations. It then considers some significant issues in relation to sustaining a strong mining sector - in the medium to long term this requires a strategic approach to achieve goals such as more effective/lower risk exploration particularly in greenfields regions; well-Informed decisions on mining proposals; ongoing significant improvements in efficiencies of energy, water and land use.

7 CFR 1421.110 - Commodity certificate exchanges.

Science.gov (United States)

2010-01-01

... commodity certificate for the marketing assistance loan collateral. (b) The exchange rate is the lesser of... assistance loan collateral. (3) Immediately exchanging the purchased commodity certificate for the outstanding loan collateral. (e) The authority to make commodity certificates available to the producer will...

Miscellaneous Industrial Mineral Operations

Data.gov (United States)

Department of Homeland Security — This map layer includes miscellaneous industrial minerals operations in the United States. The data represent commodities covered by the Minerals Information Team...

Mineral facilities of Europe

Science.gov (United States)

Almanzar, Francisco; Baker, Michael S.; Elias, Nurudeen; Guzman, Eric

2010-01-01

This map displays over 1,700 records of mineral facilities within the countries of Europe and western Eurasia. Each record represents one commodity and one facility type at a single geographic location. Facility types include mines, oil and gas fields, and plants, such as refineries, smelters, and mills. Common commodities of interest include aluminum, cement, coal, copper, gold, iron and steel, lead, nickel, petroleum, salt, silver, and zinc. Records include attributes, such as commodity, country, location, company name, facility type and capacity (if applicable), and latitude and longitude geographical coordinates (in both degrees-minutes-seconds and decimal degrees). The data shown on this map and in table 1 were compiled from multiple sources, including (1) the most recently available data from the U.S. Geological Survey (USGS) Minerals Yearbook (Europe and Central Eurasia volume), (2) mineral statistics and information from the USGS Minerals Information Web site (http://minerals.usgs.gov/minerals/pubs/country/europe.html), and (3) data collected by the USGS minerals information country specialists from sources, such as statistical publications of individual countries, annual reports and press releases of operating companies, and trade journals. Data reflect the most recently published table of industry structure for each country at the time of this publication. Additional information is available from the country specialists listed in table 2.

Effect of tax laws on mineral exploration in Canada

Energy Technology Data Exchange (ETDEWEB)

DeYoung, Jr, J H

1977-06-01

It is concluded that tax law variations, rather than differences in commodity price changes, have been responsible for shifts in mineral exploration from one political region to another. This view is substantiated by the fact that decreasing mineral exploration in certain parts of Canada has coincided with increased mineral exploration in areas of the USA and in other parts of Canada, and with diversification by mining companies into non-mining activities. It is difficult to analyze separately the effect of all the different considerations facing the managers of the exploration budgets. These decision makers are concerned with the possibility of discovering ore deposits by using available methods; with the costs of finding, acquiring, developing, producing, and marketing mineral commodities; and with expected revenues from product sales. Budget-allocation decisions by those engaged in exploration are influenced by many characteristics of a region including: geology, topography, climate, population density, political structure, applicable legislation on zoning, taxation, and environmental controls, and transportation facilities. The decline in mineral exploration in Canada, particularly in British Columbia, which followed increases in taxes for mining companies has provided policymakers with several examples that should be considered in the development of future mineral policies. These examples are discussed.

Technological changes, new materials, and their impact on the demand for minerals

International Nuclear Information System (INIS)

Rogich, D.G.

1991-01-01

Almost all mineral commodities compete in an international market, and changing technologies and preferences can impact this materials market to either increase or decrease the demand for specific minerals. This paper presents information on the changes we are seeing in materials usage in the United States, some specific examples of market penetration and methods to evaluate this, and some preliminary data on worldwide trends. Traditionally, evaluating the viability of a mineral venture involves the estimation of anticipated costs, production rates, mine life, and discount rates. These estimated costs are then compared with current and expected future prices to see if the necessary return on investment is likely to be generated. Additionally, an examination of the current, and expected future competition in the market is certainly of interest since an assessment of where the operation's costs fall in relation to the total world supply determines how far demand/prices can fall before stronger operations can supply the whole market. Feedstock price has been the traditional measure in the minerals community, and most producers think of themselves as suppliers of particular commodities in competition with other similar suppliers. However, this approach must be altered when we seek to evaluate how individual commodities compete in a market where substitution is expanding

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.

Summary of the mineral- and energy-resource endowment, BLM roswell resource area, east-central New Mexico

Science.gov (United States)

Bartsch-Winkler, S.; Sutphin, D.M.; Ball, M.M.; Korzeb, S.L.; Kness, R.F.; Dutchover, J.T.

1993-01-01

In this summary of two comprehensive resource reports produced by the U.S. Bureau of Mines and the U.S. Geological Survey for the U.S. Bureau of Land Management, we discuss the mineral- and energyresource endowment of the 14-millon-acre Roswell Resource Area, New Mexico, managed by the Bureau of Land Management. The Bureau and Survey reports result from separate studies that are compilations of published and unpublished data and integrate new findings on the geology, geochemistry, geophysics, mineral, industrial, and energy commodities, and resources for the seven-county area. The reports have been used by the Bureau of Land Management in preparation of the Roswell Resource Area Resource Management Plan, and will have future use in nationwide mineral- and energy-resource inventories and assessments, as reference and training documents, and as public-information tools. In the Roswell Resource Area, many metals, industrial mineral commodities, and energy resources are being, or have been, produced or prospected. These include metals and high-technology materials, such as copper, gold, silver, thorium, uranium and/or vanadium, rare-earth element minerals, iron, manganese, tungsten, lead, zinc, and molybdenum; industrial mineral resources, including barite, limestone/dolomite, caliche, clay, fluorspar, gypsum, scoria, aggregate, and sand and gravel; and fuels and associated resources, such as oil, gas, tar sand and heavy oil, coal, and gases associated with hydrocarbons. Other commodities that have yet to be identified in economic concentrations include potash, halite, polyhalite, anhydrite, sulfur, feldspar, building stone and decorative rock, brines, various gases associated with oil and gas exploration, and carbon dioxide. ?? 1993 Oxford University Press.

Mineral facilities of Asia and the Pacific

Science.gov (United States)

Baker, Michael S.; Elias, Nurudeen; Guzman, Eric; Soto-Viruet, Yadira

2010-01-01

This map displays over 1,500 records of mineral facilities throughout the continent of Asia and the countries of the Pacific Ocean. Each record represents one commodity and one facility type at a single geographic location. Facility types include mines, oil and gas fields, and plants, such as refineries, smelters, and mills. Common commodities of interest include aluminum, cement, coal, copper, gold, iron and steel, lead, nickel, petroleum, salt, silver, and zinc. Records include attributes, such as commodity, country, location, company name, facility type and capacity (if applicable), and latitude and longitude geographical coordinates (in both degrees-minutes-seconds and decimal degrees). The data shown on this map and in table 1 were compiled from multiple sources, including (1) the 2008 U.S. Geological Survey Minerals Yearbook (Asia and the Pacific volume), (2) minerals statistics and information from the U.S. Geological Survey Minerals Information Web site (http://minerals.usgs.gov/minerals/), and (3) data collected by U.S. Geological Survey minerals information country specialists. Other sources include statistical publications of individual countries, annual reports and press releases of operating companies, and trade journals. Due to the sensitivity of some energy commodity data, the quality of these data should be evaluated on a country-by-country basis. Additional information is available from the country specialists listed in table 2.

77 FR 6580 - Agency Information Collection Activities: Comment Request for the Industrial Minerals Surveys (40...

Science.gov (United States)

2012-02-08

... Collection Activities: Comment Request for the Industrial Minerals Surveys (40 Forms) AGENCY: U.S. Geological... forms to supply the USGS with domestic production and consumption data of industrial mineral commodities... Minerals Yearbook, monthly Mineral Industry Surveys, annual Mineral Commodity Summaries, and special...

Maintaining and increasing the contribution made to South Africa by the minerals and metals industry

International Nuclear Information System (INIS)

Jochens, P.R.

1985-01-01

This review article first highligts the past performance of the industry and discusses the manner in which the development of the industry has followed a logical progression from mining to the production of mineral and metal products of specification purity. Then the numerous constraints against a greater contribution by the industry are enumerated. Attention is drawn to the extent of further processing that can be undertaken in the context of mining and metallurgical processing, not only to indicate the benefits that can be derived from the added-value conferred on a mineral or metal commodity during each stage of its further processing, but also to point out some important corollaries of further processing. The many opportunities and challenges for an increased contribution by the minerals and metals industry are then reviewed. This major section includes a list of commodities for which increased penetration of export markets could be sought because the increasing resistance level (a term developed in this paper) has not been attained: a list of commodities that are imported at present, many of which could be produced locally on the basis of identified resources and expertise; a list of commodities for which additional uses should be developed so that South Africa, which possesses the largest reserves and is the largest exporter, can increase its production rate; and examples of commodities for which further processing is still at an early stage

Using commodity-indexed financing to fund OPEC/Alaska's development projects

International Nuclear Information System (INIS)

Essayyad, Musa

1992-01-01

An impediment to the process of economic diversification in OPEC and Alaska is the lack of favourable access to local and international capital markets to finance development projects, particularly mineral resource development. This paper highlights the importance of commodity-indexed bonds, including oil- and gold- indexed bonds, as a financing alternative to supplement the supply shortage of loanable funds from conventional, local and international commercial banks. The indexation concept is discussed, features of different bonds issued to date are contrasted and the benefits and risks for borrowers and investors are highlighted. An analysis is made of the experience of OPEC and Alaska in using commodity-indexed bonds and the feasibility of Alaska and some OPEC countries entering into commodity-linked-financed joint ventures is examined. Future prospects for commodity-linked bonds are explored. Not withstanding the fact that the immediate market timing is unfavourable, the long-term benefits of commodity-indexed securities are recognized. (U.K.)

Australian mineral industry annual review 1977 (including information to June 1978)

Energy Technology Data Exchange (ETDEWEB)

Ward, J

1979-01-01

This article records growth of the Australian mineral industry and reports production, consumption, treatment, trade, prices, new developments, exploration, and resources for all mineral commodities including fuels. Equivalent development abroad is summarized. Appendices include principal mineral producers, associations, etc. and royalties. Black coal is described under the headings: production, ex-mine value of output, employment, wages and salaries, production per manshift, interstate trade, port facilities, consumption, stock, prices, new developments, exploration, resources, world review, and coke. There are numerous tables of data and a flow chart of the Australian black coal industry, 1977. Brown coal includes production, consumption, new developments, exploration, resources, and world review.

A Conceptual Overview to Understand Commodities, Linkages and Industrial Development in Africa

OpenAIRE

Kaplinsky, Raphael; Morris, Mike; Kaplan, Dave

2011-01-01

Sub-Sahara African commodity exporting economies have benefitted greatly from the commodities boom of the past decade. The conventional wisdom argues that resource extraction is corrosive of industrial development due to a combination of the macroeconomic consequences of resource exploitation and the assumed enclave nature of mineral and energy extraction. The paper challenges this pessimistic ‘resource curse’ argument, arguing that there are unexploited opportunities for promoting industrial...

Refractory, Abrasive and Other Industrial Mineral Operations

Data.gov (United States)

Department of Homeland Security — This map layer includes refractory, abrasive, and other industrial minerals operations in the United States. The data represent commodities covered by the Minerals...

Mineral facilities of Northern and Central Eurasia

Science.gov (United States)

Baker, Michael S.; Elias, Nurudeen; Guzman, Eric; Soto-Viruet, Yadira

2010-01-01

This map displays almost 900 records of mineral facilities within the countries that formerly constituted the Union of Soviet Socialist Republics (USSR). Each record represents one commodity and one facility type at a single geographic location. Facility types include mines, oil and gas fields, and plants, such as refineries, smelters, and mills. Common commodities of interest include aluminum, cement, coal, copper, gold, iron and steel, lead, nickel, petroleum, salt, silver, and zinc. Records include attributes, such as commodity, country, location, company name, facility type and capacity (if applicable), and latitude and longitude geographical coordinates (in both degrees-minutes-seconds and decimal degrees). The data shown on this map and in table 1 were compiled from multiple sources, including (1) the most recently available data from the U.S. Geological Survey (USGS) Minerals Yearbook (Europe and Central Eurasia volume), (2) mineral statistics and information from the USGS Minerals Information Web site (http://minerals.usgs.gov/minerals/pubs/country/europe.html), and (3) data collected by the USGS minerals information country specialists from sources, such as statistical publications of individual countries, annual reports and press releases of operating companies, and trade journals. Data reflect the most recent published table of industry structure for each country at the time of this publication. Additional information is available from the country specialists listed in table 2

Characteristics of minerals in vesicles produced by human osteoblasts hFOB 1.19 and osteosarcoma Saos-2 cells stimulated for mineralization.

Science.gov (United States)

Strzelecka-Kiliszek, Agnieszka; Bozycki, Lukasz; Mebarek, Saida; Buchet, Rene; Pikula, Slawomir

2017-06-01

Bone cells control initial steps of mineralization by producing extracellular matrix (ECM) proteins and releasing vesicles that trigger apatite nucleation. Using transmission electron microscopy with energy dispersive X-ray microanalysis (TEM-EDX) we compared the quality of minerals in vesicles produced by two distinct human cell lines: fetal osteoblastic hFOB 1.19 and osteosarcoma Saos-2. Both cell lines, subjected to osteogenic medium with ascorbic acid (AA) and β-glycerophosphate (β-GP), undergo the entire osteoblastic differentiation program from proliferation to mineralization, produce the ECM and spontaneously release vesicles. We observed that Saos-2 cells mineralized better than hFOB 1.19, as probed by Alizarin Red-S (AR-S) staining, tissue nonspecific alkaline phosphatase (TNAP) activity and by analyzing the composition of minerals in vesicles. Vesicles released from Saos-2 cells contained and were surrounded by more minerals than vesicles released from hFOB 1.19. In addition, there were more F and Cl substituted apatites in vesicles from hFOB 1.19 than in those from Saos-2 cells as determined by ion ratios. Saos-2 and h-FOB 1.19 cells revealed distinct mineralization profiles, indicating that the process of mineralization may proceed differently in various types of cells. Our findings suggest that TNAP activity is correlated with the relative proportions of mineral-filled vesicles and mineral-surrounded vesicles. The origin of vesicles and their properties predetermine the onset of mineralization at the cellular level. Copyright © 2017 Elsevier Inc. All rights reserved.

Natural Resources Management: The Effect of the Commodity Boom on Indonesia’s Industrial Development and Welfare

Directory of Open Access Journals (Sweden)

Maria Monica Wihardja

2016-03-01

Full Text Available The end of the commodity boom in 2012 once again exposed Indonesia to the vulnerability of the commodity price shocks. This article reviews how Indonesia managed its natural resources in 2001–12 and when the commodity boom ends. What are the lessons learned? Indonesia’s experience is similar to that of other countries rich in natural resources, including the crowding-out of non-commodity sectors, protectionist trade regimes, fiscal inefficiency, slow skill accumulation, rising inequality and environmental damages. In the aftermath of the global financial crisis of 2008–09, the early trade -policy response at the end of the commodity boom is inward-looking and protective of domestic markets and industries and aims to increase the added value of commodities by downstreaming. This trend is clearly reflected in the 2014 Trade Law, the 2014 Industry Law and the mineral export ban, which was introduced in 2009 through the 2009 Law on Mining of Coal and Minerals and took effect in 2014. Indonesia should learn from other countries in managing its resource revenues, such as through a commodity fund designed to fit its domestic specificity. Reindustrializing, increasing agricultural productivity beyond palm oil and tapping the country’s potential in the services sector including tourism and creative industries are also necessary to promote diversification in production and trade. Resource management policy should also include stronger environmental regulations.

The United Nations' endeavour to standardize mineral resource classification

International Nuclear Information System (INIS)

Schanz, J.J. Jr.

1980-01-01

The United Nations' Economic and Social Council passed a resolution in July 1975 calling for the development of a mineral resources classification system to be used in reporting data to the United Nations. Following preparation of background papers and an agenda by the UN Centre for Natural Resources, Energy and Transport, a panel of experts recommended a classification system to the Council's Committee on Natural Resources. The Committee met in Turkey in June 1979 and has reported favourably to the Council on the proposed system. The classification system is designed to provide maximum capability for requesting and receiving data from the resources data systems already used internally by major mineral producing nations. In addition, the system provides for flexibility in adjusting to the particular needs of individual mineral commodities. The proposed system involves three basic categories of in-situ resources: R-1, reliable estimates of known deposits; R-2, preliminary estimates of the extensions of known deposits; and, R-3, tentative estimates of quantities to be found in undiscovered deposits. As an option for given countries and commodities, the R-1 category can be further sub-divided into: R-1-E, economic; R-1-M, marginal; and R-1-S, sub-economic. Finally, the classification scheme provides for all categories to have a parallel set of estimates of recoverable mineral quantities. (author)

Critical mineral resources of the United States—Economic and environmental geology and prospects for future supply

Science.gov (United States)

Schulz, Klaus J.; DeYoung,, John H.; Seal, Robert R.; Bradley, Dwight C.

2017-12-19

SummaryMineral commodities are vital for economic growth, improving the quality of life, providing for national defense, and the overall functioning of modern society. Minerals are being used in larger quantities than ever before and in an increasingly diverse range of applications. With the increasing demand for a considerably more diverse suite of mineral commodities has come renewed recognition that competition and conflict over mineral resources can pose significant risks to the manufacturing industries that depend on them. In addition, production of many mineral commodities has become concentrated in relatively few countries (for example, tungsten, rare-earth elements, and antimony in China; niobium in Brazil; and platinum-group elements in South Africa and Russia), thus increasing the risk for supply disruption owing to political, social, or other factors. At the same time, an increasing awareness of and sensitivity to potential environmental and health issues caused by the mining and processing of many mineral commodities may place additional restrictions on mineral supplies. These factors have led a number of Governments, including the Government of the United States, to attempt to identify those mineral commodities that are viewed as most “critical” to the national economy and (or) security if supplies should be curtailed.This book presents resource and geologic information on the following 23 mineral commodities currently among those viewed as important to the national economy and national security of the United States: antimony (Sb), barite (barium, Ba), beryllium (Be), cobalt (Co), fluorite or fluorspar (fluorine, F), gallium (Ga), germanium (Ge), graphite (carbon, C), hafnium (Hf), indium (In), lithium (Li), manganese (Mn), niobium (Nb), platinum-group elements (PGE), rare-earth elements (REE), rhenium (Re), selenium (Se), tantalum (Ta), tellurium (Te), tin (Sn), titanium (Ti), vanadium (V), and zirconium (Zr). For a number of these commodities�

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

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

The Impact of Commodity Price Shocks in a Major Producing Economy. The Case of Copper and Chile

OpenAIRE

Michael Pedersen

2015-01-01

The present study analyzes how copper price shocks affect macroeconomic variables in Chile, which is the largest producer in the world of this commodity. It is taken into account that shocks with different sources may have different impacts and a separation is made between supply, demand, and specific copper demand shocks. The empirical analysis is based on a structural VAR model, where shocks are identified by sign restrictions, i.e. restrictions are imposed on impulse-response functions. In...

Resource power and resource security: the politics of nonfuel minerals trade

International Nuclear Information System (INIS)

Kahn, O.E.

1985-01-01

The developed producers, Canada, Australia, and South Africa, and not the developing producers, are the power wielders and major tracers in nonfuel minerals. Specific circumstances allow producers to obtain compliant behavior from consumers. These include: exporter's market share, importer's degree of dependence, the material's being critical to importer's economy, and the trading system's condoning nonmarket goals. These (and other) criteria comprise an analytical device, the strategic trading relationship, which is used to demonstrate developed producer commodity power and developed consumer vulnerability. Consuming country governments rely on the private sector to deal with national enmeshment in strategic trading relationships. Japan excepted, OECD members fail either to address their continued access to nonfuel minerals, or their ability to survive supply disruption with minimum dislocation. Producer power is exemplified by Canada's threat and use of embargo to make her uranium customers tighten their nonproliferation policies. Structural power deters South Africa's ability to head off wholehearted economic pressure is the classic case

Outlook '98 - Commodity markets

International Nuclear Information System (INIS)

Simard, T.

1998-01-01

Canadian oil and natural gas producers'' participation in commodity and foreign exchange markets to alter the pricing characteristics of their commodity portfolios was reviewed. It was concluded that through the various risk management structures available from financial and physical market participants, Canadian oil and gas producers retain the ongoing ability to design, pro-actively, their desired exposure to oil and gas prices. Various industry-wide re-examination of risk management programs have taken place during the past two years. Based on these studies, the industry anticipates material volatility in West Texas Intermediate (WTI) oil and Alberta natural gas prices throughout 1998. Furthermore, there is considerable uncertainty surrounding the price differentials between WTI crude and Canadian oil streams, and between Alberta gas prices and other North American regional gas markets. Against this background of uncertainty, it is reasonable to predict that companies will use risk management strategies in an effort to outperform industry average prices, thereby ensuring that pro-active risk management activity will continue throughout 1998

Mineral Facilities of Latin America and Canada

Science.gov (United States)

Bernstein, Rachel; Eros, Mike; Quintana-Velazquez, Meliany

2006-01-01

This data set consists of records for over 900 mineral facilities in Latin America and Canada. The mineral facilities include mines, plants, smelters, or refineries of aluminum, cement, coal, copper, diamond, gold, iron and steel, nickel, platinum-group metals, salt, and silver, among others. Records include attributes such as commodity, country, location, company name, facility type and capacity if applicable, and generalized coordinates. The data were compiled from multiple sources, including the 2003 and 2004 USGS Minerals Yearbooks (Latin America and Candada volume), data to be published in the 2005 Minerals Yearbook Latin America and Canada Volume, minerals statistics and information from the USGS minerals information Web site (minerals.usgs.gov/minerals), and data collected by USGS minerals information country specialists. Data reflect the most recent published table of industry structure for each country. Other sources include statistical publications of individual countries, annual reports and press releases of operating companies,and trade journals. Due to the sensitivity of some energy commodity data, the quality of these data should be evaluated on a country-by-country basis. Additional information and explanation is available from the country specialists.

Estimates of electricity requirements for the recovery of mineral commodities, with examples applied to sub-Saharan Africa

Science.gov (United States)

Bleiwas, Donald I.

2011-01-01

To produce materials from mine to market it is necessary to overcome obstacles that include the force of gravity, the strength of molecular bonds, and technological inefficiencies. These challenges are met by the application of energy to accomplish the work that includes the direct use of electricity, fossil fuel, and manual labor. The tables and analyses presented in this study contain estimates of electricity consumption for the mining and processing of ores, concentrates, intermediate products, and industrial and refined metallic commodities on a kilowatt-hour per unit basis, primarily the metric ton or troy ounce. Data contained in tables pertaining to specific currently operating facilities are static, as the amount of electricity consumed to process or produce a unit of material changes over time for a great number of reasons. Estimates were developed from diverse sources that included feasibility studies, company-produced annual and sustainability reports, conference proceedings, discussions with government and industry experts, journal articles, reference texts, and studies by nongovernmental organizations.

Mineral facilities of Africa and the Middle East

Science.gov (United States)

Eros, J.M.; Candelario-Quintana, Luissette

2006-01-01

This map displays over 1,500 mineral facilities in Africa and the Middle East. The mineral facilities include mines, plants, mills, or refineries of aluminum, cement, coal, copper, diamond, gold, iron and steel, nickel, platinum-group metals, salt, and silver, among others. The data used in this poster were compiled from multiple sources, including the 2004 USGS Minerals Yearbook (Africa and Middle East volume), Minerals Statistics and Information from the USGS Web site (http://minerals.usgs.gov/minerals/), and data collected by USGS minerals information country specialists. Data reflect the most recent published table of industry structure for each country. Other sources include statistical publications of individual countries, annual reports and press releases of operating companies, and trade journals. Due to the sensitivity of some energy commodity data, the quality of these data should be evaluated on a country-by-country basis. Additional information and explanation is available from the country specialists. See Table 1 for general information about each mineral facility site including country, location and facility name, facility type, latitude, longitude, mineral commodity, mining method, main operating company, status, capacity, and units.

Australian mineral industry annual review. Preliminary summaries 1985

Energy Technology Data Exchange (ETDEWEB)

1986-01-01

Salient statistics and a general industry overview are presented. Special attention is given to the following mineral commodities: aluminium, black coal, copper, fertiliser minerals, gemstones, gold, iron, lead, manganese, nickel, tin, titanium, tungsten, uranium, zinc and zirconium.

Drivers of U.S. mineral demand

Science.gov (United States)

Sznopek, John L.

2006-01-01

Introduction: The word 'demand' has different meanings for different people. To some, it means their 'wants and needs,' to others it is what they consume. Yet, when considering economics, demand refers to the specific amounts of goods or services that individuals will purchase at various prices. Demand is measured over a given time period. It is determined by a number of factors including income, tastes, and the price of complementary and substitute goods. In this paper, the term consumption is used fairly synonymously with the term demand. Most mineral commodities, like iron ore, copper, zinc, and gravel, are intermediate goods, which means that they are used in the production of other goods, called final goods. Demand for intermediate goods is called derived demand because such demand is derived from the demand for final goods. When demand increases for a commodity, generally the price rises. With everything else held constant, this increases the profits for those who provide this commodity. Normally, this would increase profits of existing producers and attract new producers to the market. When demand for a commodity decreases, generally the price falls. Normally, this would cause profits to fall and, as a consequence, the least efficient firms may be forced from the industry. Demand changes for specific materials as final goods or production techniques are reengineered while maintaining or improving product performance, for example, the use of aluminum in the place of copper in long distance electrical transmission lines or plastic replacing steel in automobile bumpers. Substitution contributes to efficient material usage by utilizing cheaper or technically superior materials. In this way, it may also alleviate materials scarcity. If a material becomes relatively scarce (and thus more expensive), a more abundant (and less expensive) material generally replaces it (Wagner and others, 2003, p. 91).

SUBJECTIVITY UNDER CONSUMERISM: THE TOTALIZATION OF THE SUBJECT AS A COMMODITY

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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.

Is there a metric for mineral deposit occurrence probabilities?

Science.gov (United States)

Drew, L.J.; Menzie, W.D.

1993-01-01

Traditionally, mineral resource assessments have been used to estimate the physical inventory of critical and strategic mineral commodities that occur in pieces of land and to assess the consequences of supply disruptions of these commodities. More recently, these assessments have been used to estimate the undiscovered mineral wealth in such pieces of land to assess the opportunity cost of using the land for purposes other than mineral production. The field of mineral resource assessment is an interdisciplinary field that draws elements from the disciplines of geology, economic geology (descriptive models), statistics and management science (grade and tonnage models), mineral economics, and operations research (computer simulation models). The purpose of this study is to assert that an occurrenceprobability metric exists that is useful in "filling out" an assessment both for areas in which only a trivial probability exists that a new mining district could be present and for areas where nontrivial probabilities exist for such districts. ?? 1993 Oxford University Press.

Crystal chemistry and temperature behavior of the natural hydrous borate colemanite, a mineral commodity of boron

Science.gov (United States)

Lotti, Paolo; Gatta, G. Diego; Demitri, Nicola; Guastella, Giorgio; Rizzato, Silvia; Ortenzi, Marco Aldo; Magrini, Fabrizio; Comboni, Davide; Guastoni, Alessandro; Fernandez-Diaz, Maria Teresa

2018-05-01

Colemanite, CaB3O4(OH)3ṡH2O, is the most common hydrous Ca-borate, as well as a major mineral commodity of boron. In this study, we report a thorough chemical analysis and the low-temperature behavior of a natural sample of colemanite by means of a multi-methodological approach. From the chemical point of view, the investigated sample resulted to be relatively pure, its composition being very close to the ideal one, with only a minor substitution of Sr2+ for Ca2+. At about 270.5 K, a displacive phase transition from the centrosymmetric P21/ a to the acentric P21 space group occurs. On the basis of in situ single-crystal synchrotron X-ray (down to 104 K) and neutron diffraction (at 20 K) data, the hydrogen-bonding configuration of both the polymorphs and the structural modifications at the atomic scale at varying temperatures are described. The asymmetric distribution of ionic charges along the [010] axis, allowed by the loss of the inversion center, is likely responsible for the reported ferroelectric behavior of colemanite below the phase transition temperature.

Carbon Footprint of Biofuel Sugarcane Produced in Mineral and Organic Soils in Florida

Energy Technology Data Exchange (ETDEWEB)

Izursa, Jose-Luis; Hanlon, Edward; Amponsah, Nana; Capece, John

2013-02-06

Ethanol produced from sugarcane is an existing and accessible form of renewable energy. In this study, we applied the Life Cycle Assessment (LCA) approach to estimate the Carbon Footprint (CFP) of biofuel sugarcane produced on mineral (sandy) and organic (muck) soils in Florida. CFP was estimated from greenhouse gas (GHG) emissions (CO2, CH4, and N2O) during the biofuel sugarcane cultivation. The data for the energy (fossil fuels and electricity), equipment, and chemical fertilizers were taken from enterprise budgets prepared by the University of Florida based on surveys and interviews obtained from local growers during the cropping years 2007/2008 and 2009/2010 for mineral soils and 2008/2009 for organic soils. Emissions from biomass burning and organic land use were calculated based on the IPCC guidelines. The results show that the CFP for biofuel sugarcane production is 0.04 kg CO2e kg-1y-1 when produced in mineral soils and 0.46 kg CO2e kg-1y-1 when produced in organic soils. Most of the GHG emissions from production of biofuel sugarcane in mineral soils come from equipment (33%), fertilizers (28%), and biomass burning (27%); whereas GHG emissions from production in organic soils come predominantly from the soil (93%). This difference should be considered to adopt new practices for a more sustainable farming system if biofuel feedstocks are to be considered.

United States mineral resources

Science.gov (United States)

Brobst, Donald A.; Pratt, Walden P.

1973-01-01

The work on this volume began in January 1972, but in a broader sense its production began many years ago. The chapters were written by geologists most of whom have had many years of experience studying the geology of mineral deposits, and more particularly the commodities about which they have written here. A total of nearly 2,300 man-years of professional experience in the geology of mineral resources is represented by the authors of the volume, and about 30 man-years went directly into its preparation. Each chapter contains not only a synthesis of the state of knowledge of the geology of the commodity, but also an appraisal of the known resources, and an examination of the geologic possibilities for finding additional deposits. In January 1972, responsibility for the preparation of the volume was assigned to us as co-editors, and we were given a tentative list of commodities and authors. We provided each author with a suggested outline of general topics to be covered, and some guidelines as to scope and philosophy of approach, but beyond that we avoided any attempt to fit each chapter into a stereotype. Moreover, the types of commodities range from the major metals and industrial minerals such as copper, silver, and fluorspar, which have been the subject of geologic research for years, to other commodities that are of such varied geologic nature (such as pigments or gemstones) or of such minor present importance (such as scandium or thallium) that they cannot be treated from the same viewpoint as the major minerals. The chapters range, therefore, from comprehensive summary reports to general essays that reflect the individuality of the authors as well as the variation among commodities. Throughout the book the emphasis is on geology, but each chapter contains some summary information on uses, technology, and economics. These summaries are not meant to be exhaustive, however, and additional details are in the 1970 edition of "Mineral Facts and Problems" (Bulletin

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 ...

Distribution of Iodine and Selenium in Selected Food Commodities

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Strapáč I.

2016-03-01

Full Text Available The aim of this study was to investigate the distribution of the contents of iodine and selenium in selected food commodities. Fresh food commodities were mineralized and analysed for their iodine and selenium content by Inductively Coupled Plasma-Mass Spectrometry using the calibration curve as the method for determining the contents of the elements. The average fruit and vegetables concentrations of iodine were very low. The cow’s milk, other dairy products, eggs, poultry, fresh water fish, beef, liver, and mushrooms are frequently regarded as the most important natural source of dietary iodine from common foods. The higher concentrations of selenium were recorded in the kidney, liver, pork, beef, poultry, fresh water fish, hen’s eggs, cow’s milk, other dairy products, wheat flour, fats, coffee, peppers, mushrooms and potatoes.

Minerals yearbook: The mineral industry of Brazil. 1988 international review

International Nuclear Information System (INIS)

Ensminger, H.R.

1988-01-01

Brazil's gross domestic product (GDP) grew only slightly in 1988 to $277 billion at current prices. The growth rate was the smallest registered since 1983, when the rate was minus 2.8%. The economy's performance was strongly influenced by a 2% to 3% decrease in industrial production and civil construction. The mineral industry, however, countered the downward trend in the industrial sector and grew a modest 1.4%. Topics discussed in the report include the following: Government policies and programs; Production; Trade; Commodity review--Metals (Aluminum, Aluminia, and Bauxite, Columbium, Copper, Gold, Iron and Steel, Manganese, Tin, Titanium); Industrial Minerals (Gem stones, Phosphate rock, Quartz); Mineral fuels (Coal, Natural gas, Petroleum, Nuclear power); Nonmineral energy sources (Alcohol, Hydroelectric)

Greenhouse gas emissions of imported and locally produced fruit and vegetable commodities: A quantitative assessment

International Nuclear Information System (INIS)

Michalský, Marián; Hooda, Peter S.

2015-01-01

Highlights: • Green house gas (GHG) emission of selected fruit and vegetables (SFVs) estimated. • Production and transport – most energy-intensive life cycle stages considered. • Sourcing SFVs from non-European countries causes much GHG emissions. • Increased UK production of SFVs offers considerable emission savings. • Sourcing SFVs from Europe can help make considerable GHG emission savings. - Abstract: Today considerable efforts are being made in identifying means of further energy efficiencies within the UK food system. Current air importation of fruit and vegetables (FVs) generates large amounts of greenhouse gas (GHG) emissions part of which could be avoided. Local food production has been recognized as an environmentally feasible alternative production option and could help reduce GHG emissions, as required under the legally binding emissions targets stipulated by the UK Climate Change Act 2008. Climate change impacts of FVs importation were determined for a selection of five indigenous FV commodities, namely: apples, cherries, strawberries, garlic and peas. Carbon dioxide equivalents (CO 2 e) emissions associated with the production and transport stages were calculated using the sample of selected fruit and vegetables (SFVs). The latter stage includes three diverse geographic locations/regions for emissions comparison, namely the UK, Europe and non-European (NE) countries. On average (across the five SFVs), NE commodities, all in fresh/chilled state, were found to contain embedded (arising from production, air freighting and distribution within the UK) GHG emissions of 10.16 kg CO 2 e/kg. This is 9.66 kg more CO 2 e emissions compared to a kilogram of these commodities produced and supplied locally. A scenario-based approach determined the level of emissions savings that could be achieved by local FVs production in the UK. The least dramatic change of SCENARIO-1 (25% reduction in NE SFVs imports by increasing their local production by the same

Market Structure and Price Transmission of Eggs Commodity

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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.

Minerals Yearbook, volume I, Metals and Minerals

Science.gov (United States)

,

2018-01-01

The U.S. Geological Survey (USGS) Minerals Yearbook discusses the performance of the worldwide minerals and materials industries and provides background information to assist in interpreting that performance. Content of the individual Minerals Yearbook volumes follows:Volume I, Metals and Minerals, contains chapters about virtually all metallic and industrial mineral commodities important to the U.S. economy. Chapters on survey methods, summary statistics for domestic nonfuel minerals, and trends in mining and quarrying in the metals and industrial mineral industries in the United States are also included.Volume II, Area Reports: Domestic, contains a chapter on the mineral industry of each of the 50 States and Puerto Rico and the Administered Islands. This volume also has chapters on survey methods and summary statistics of domestic nonfuel minerals.Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region’s mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country’s mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country’s mineral industry, and an outlook section.The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the Minerals Yearbook are welcomed.

Evaluating cash benefits as real options for a commodity producer in an emerging market

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Fernando Antonio Lucena Aiube

2009-07-01

Full Text Available The amount of cash a firm should maintain is an old problem tackled by finance literature. The recent advances in finance, mainly in the derivatives area, has opened the opportunity to revisit this subject. Cossin and Hricko (2004 studied the benefits of cash holdings using the Real Options approach. We follow their ideas extending the problem to a specific commodity producer firm in an emerging economy. We evaluate the benefits considering that raising capital takes time (timing benefit and also the benefit of avoiding the issue of securities at unfavorable moments (underpricing benefit. We use numerical procedures to solve the problem. Despite the fact that the results are not totally intuitive, we verify that the timing benefit is much more relevant than that of avoiding the underpricing benefit and that firms in emerging economies have greater advantage holding cash than those in developed economies. There is empirical evidence of this last result in the literature.

Key issues in the outlook for minerals and energy

International Nuclear Information System (INIS)

Waring, T.; Love, G.; Hogan, J.; Gooday, P.

1996-01-01

The outlook for Australia's minerals and energy sector continues to be positive because of the flow-on effects of economic growth in the newly industrialized Asia. The East Asian share of mineral and energy commodities continues to expand reflecting the growing demand for consumer goods and new economic and social infrastructure. Uncertainties in the minerals and energy outlook include the future economic performance of the developed countries and the former Soviet Union, trade and environmental issues and the effects of changing technology on minerals and energy production and consumption. Encouraged by good prospects for exploration success and firmer markets, real exploration expenditure is forecast to continue to rise and the volume of Australian mine production is expected to rise by 14 percent between 1995-6 and 2000-1. Export earnings from mineral and energy commodities are expected to rise by $5.6 billion Australian (16 percent) from 1995-6 levels to reach $41.9 billion in real terms by 2000-1. (author). 2 tabs., 14 figs., 14 refs

Issues affecting Northeast Asian minerals and energy markets

International Nuclear Information System (INIS)

Sheales, T.; Smith, V.

1993-01-01

Some of the broad issues likely to affect industry developments and trade in minerals and energy commodities in Northeast Asia in the 1990s are examined. Many of these issues will have a bearing on the development of mineral and energy resources of the Russian Far East region. 23 refs., 1 fig., 3 tabs

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.

Commodities and Switzerland: Development Policy Challenges and Policy Options

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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.

Mineral exploration in Austria, possibilities and strategies

International Nuclear Information System (INIS)

Holzer, H.F.

1981-01-01

The author reviews the present situation in Austria for mineral exploration. He considers the geological chances of finding new resources, presents a short description of commodities and finally gives proposals for a natural resources inventory. (Auth.)

Mineral content of the honey produced in Zulia state, Venezuela.

Science.gov (United States)

Sulbarán de Ferrer, Betzabé; Ojeda de Rodríguez, Graciela; Peña, Jorge; Martínez, Janeth; Morán, María

2004-09-01

The mineral content of the honey produced in five zones of the Zulia state, Venezuela, during dry and rainy seasons was determined. The analyzed elements were: sodium, potassium (by emission spectroscopy), calcium, magnesium, copper, iron, manganese (by atomic absorption spectroscopy), phosphorus (phosphate ions, by colorimetric method), and ash content of raw honey samples directly collected from different beekeepers. The mean values for Na, K, Ca, Mg, Cu, Fe, Mn, and P were 353+84; 1774+138; 237+66; 52+24; 0.76+0.43; 13.5+10.23; 0.92+0.42 and 1642+323 mg/kg respectively. The mean ash content was 0.431+0.15%. Potassium was the most abundant of the elements determined. This results confirm that Zulian honey can be considered a good source of minerals.

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

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.

Geology and Nonfuel Mineral Deposits of Africa and the Middle East

Science.gov (United States)

Taylor, Cliff D.; Schulz, Klaus J.; Doebrich, Jeff L.; Orris, Greta; Denning, Paul; Kirschbaum, Michael J.

2009-01-01

A nation's endowment of nonfuel mineral resources, relative to the world's endowment, is a fundamental consideration in decisions related to a nation's economic and environmental well being and security. Knowledge of the worldwide abundance, distribution, and general geologic setting of mineral commodities provides a framework within which a nation can make decisions about economic development of its own resources, and the economic and environmental consequences of those decisions, in a global perspective. The information in this report is part of a U.S. Geological Survey (USGS) endeavor to evaluate the global endowment of both identified and undiscovered nonfuel mineral resources. The results will delineate areas of the world that are geologically permissive for the occurrence of undiscovered selected nonfuel mineral resources together with estimates of the quantity and quality of the resources. The results will be published as a series of regional reports; this one provides basic data on the identified resources and geologic setting, together with a brief appraisal of the potential for undiscovered mineral resources in Africa and the Middle East. Additional information, such as production statistics, economic factors that affect the mineral industries of the region, and historical information, is available in U.S. Geological Survey publications such as the Minerals Yearbook and the annual Mineral Commodity Summaries (available at http://minerals.usgs.gov/minerals).

77 FR 37704 - Agency Information Collection Activities: Comment Request for the Industrial Minerals Surveys (40...

Science.gov (United States)

2012-06-22

... Activities: Comment Request for the Industrial Minerals Surveys (40 Forms) AGENCY: U.S. Geological Survey... the revision of the currently approved paperwork requirements for the Industrial Minerals Surveys... industrial mineral commodities, some of which are considered strategic and critical. This information will be...

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)

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)

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)

Formation and development of theoretical principles for mineral resources logistics

Directory of Open Access Journals (Sweden)

Б. К. Плоткин

2017-03-01

Full Text Available Market transformations in Russia became foundations for formation and development of a new scientific and practical field in economics – logistics. Out of more than 30 existing definitions of logistics the authors according to their opinion have chosen the most appropriate. Logistics of mineral resources should be attributed to production (industrial logistics. It is a proven fact that processes of supply chain management in mining industry and its infrastructure in the framework of mineral resources chain have some fundamental distinctions. Importance of material resources recycling in theory and practice of mineral resources logistics has been highlighted. Special features of merchandise assortment and classifications in the mining industry have been examined in conjunction with substantial contents of material flow. Special consideration has been given to relevant issues in the field of price formation for mining produce, in the view of specific relations between its costs and logistic procurement of the industry. Moreover, questions of inventory control in the mining industry, activity of commodity exchanges, management of mining logistics system have been addressed.

COMMODITY MARKET MATH MODELS

Directory of Open Access Journals (Sweden)

Boris V. Mednikov

2015-01-01

Full Text Available The article describes enterprise mathmodels, its interactions with environment in commodity market and quantitativeconditions for its success and the crisis in such kind of interaction. Showed: the number of commodity market successfulparticipants should be certain, regardless of market size; any size commodity market, including monopolistic, is assuccessful as producers’ average activity dynamics is balanced with consumers’average activity dynamics.

The "chessboard" classification scheme of mineral deposits: Mineralogy and geology from aluminum to zirconium

Science.gov (United States)

Dill, Harald G.

2010-06-01

Economic geology is a mixtum compositum of all geoscientific disciplines focused on one goal, finding new mineral depsosits and enhancing their exploitation. The keystones of this mixtum compositum are geology and mineralogy whose studies are centered around the emplacement of the ore body and the development of its minerals and rocks. In the present study, mineralogy and geology act as x- and y-coordinates of a classification chart of mineral resources called the "chessboard" (or "spreadsheet") classification scheme. Magmatic and sedimentary lithologies together with tectonic structures (1 -D/pipes, 2 -D/veins) are plotted along the x-axis in the header of the spreadsheet diagram representing the columns in this chart diagram. 63 commodity groups, encompassing minerals and elements are plotted along the y-axis, forming the lines of the spreadsheet. These commodities are subjected to a tripartite subdivision into ore minerals, industrial minerals/rocks and gemstones/ornamental stones. Further information on the various types of mineral deposits, as to the major ore and gangue minerals, the current models and the mode of formation or when and in which geodynamic setting these deposits mainly formed throughout the geological past may be obtained from the text by simply using the code of each deposit in the chart. This code can be created by combining the commodity (lines) shown by numbers plus lower caps with the host rocks or structure (columns) given by capital letters. Each commodity has a small preface on the mineralogy and chemistry and ends up with an outlook into its final use and the supply situation of the raw material on a global basis, which may be updated by the user through a direct link to databases available on the internet. In this case the study has been linked to the commodity database of the US Geological Survey. The internal subdivision of each commodity section corresponds to the common host rock lithologies (magmatic, sedimentary, and

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 ...

Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation

Directory of Open Access Journals (Sweden)

Andi Irawan

2011-09-01

Full Text Available The aim of this research is to identify the behaviour of export, import and domestic commoditiesdemand in liberalization era both in the long run and the short run. This researchapplies the Vector Error Correction Model, Johansen Cointegration Test, Impulse ResponseAnalysis and Granger Causality Test. The data range from 1993:01 to 2002:12. The resultshows that in the long run the cross-price elasticity of imported non agricultural goods withrespect to demand for domestically produced goods have lower magnitudes than own priceelasticity of domestically produced goods. The demand elasticity of import commodities iselastic but that of domestic commodities is inelastic.Keywords: Import, Export, Economic Liberalization, Vector Error Correction Model

Does Excluding Cross-commodity Interactions Matter? Beef and Lamb in Australia

OpenAIRE

Dent, Siobahn K.; Piggott, Roley R.; O'Donnell, Christopher J.; Griffith, Garry R.

2003-01-01

Australian broadacre agriculture is typified by strong cross-commodity relationships, where sheep and cattle grazing enterprises compete for pasture and both compete with wheat and other crops for land. Further, some commodities produced by multi-product farms are also used in the production of final products that are substitutes in demand, such as beef and lamb. Economic analyses of the beef market, for example, should also include consideration of the market for the related product, lamb. I...

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...

29 CFR 780.114 - Wild commodities.

Science.gov (United States)

2010-07-01

... Agricultural Or Horticultural Commodities § 780.114 Wild commodities. Employees engaged in the gathering or harvesting of wild commodities such as mosses, wild rice, burls and laurel plants, the trapping of wild... 29 Labor 3 2010-07-01 2010-07-01 false Wild commodities. 780.114 Section 780.114 Labor Regulations...

Review of selected global mineral industries in 2011 and an outlook to 2017

Science.gov (United States)

Menzie, W. David; Soto-Viruet, Yadira; Bermúdez-Lugo, Omayra; Mobbs, Philip M.; Perez, Alberto Alexander; Taib, Mowafa; Wacaster, Susan; ,

2013-01-01

This report reviews the world production of selected mineral commodities in 2011 and includes output projections (based on planned capacity expansions) through 2017. It also includes brief discussions of several issues that are of importance to the mineral sector, including the world economy, the availability of strategic minerals, significant company mergers and acquisitions in 2011, exploration investment made during the year, and the moves towards resource nationalization and expropriation of mineral assets by national Governments.

Compilation of geospatial data for the mineral industries and related infrastructure of Latin America and the Caribbean

Science.gov (United States)

Baker, Michael S.; Buteyn, Spencer D.; Freeman, Philip A.; Trippi, Michael H.; Trimmer III, Loyd M.

2017-07-31

This report describes the U.S. Geological Survey’s (USGS) ongoing commitment to its mission of understanding the nature and distribution of global mineral commodity supply chains by updating and publishing the georeferenced locations of mineral commodity production and processing facilities, mineral exploration and development sites, and mineral commodity exporting ports in Latin America and the Caribbean. The report includes an overview of data sources and an explanation of the geospatial PDF map format.The geodatabase and geospatial data layers described in this report create a new geographic information product in the form of a geospatial portable document format (PDF) map. The geodatabase contains additional data layers from USGS, foreign governmental, and open-source sources as follows: (1) coal occurrence areas, (2) electric power generating facilities, (3) electric power transmission lines, (4) hydrocarbon resource cumulative production data, (5) liquefied natural gas terminals, (6) oil and gas concession leasing areas, (7) oil and gas field center points, (8) oil and gas pipelines, (9) USGS petroleum provinces, (10) railroads, (11) recoverable proven plus probable hydrocarbon resources, (12) major cities, (13) major rivers, and (14) undiscovered porphyry copper tracts.

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…

Formation of the Innovation Component of Marketing Technologies of Enterprises That Produce Mineral Waters

Directory of Open Access Journals (Sweden)

Golodniuk Olena S.

2014-03-01

Full Text Available The article considers main marketing technologies of building competitive advantages by enterprises that produce Ukrainian mineral waters. It considers individual innovations of the conceptual (eco-marketing and applied (branding, benchmarking and competitive reconnaissance nature with consideration of their significance for participants of this market. It offers directions of increasing the innovation component of topical marketing technologies with the aim of implementation of their results into management of competitive advantages of enterprises. It draws a conclusion about a necessity of: reducing evident and growth of a number of latent competitive advantages, based on intellectual technologies, and also development and realisation of a conceptual model of providing marketing innovations in the system of managing competitive advantages of enterprises; and formation of the system of monitoring marketing innovations with the aim of development of additional services and means of building competitive advantages of enterprises that produce mineral waters.

Founding Digital Currency on Imprecise Commodity

OpenAIRE

Yuan, Zimu; Xu, Zhiwei

2015-01-01

Current digital currency schemes provide instantaneous exchange on precise commodity, in which "precise" means a buyer can possibly verify the function of the commodity without error. However, imprecise commodities, e.g. statistical data, with error existing are abundant in digital world. Existing digital currency schemes do not offer a mechanism to help the buyer for payment decision on precision of commodity, which may lead the buyer to a dilemma between having to buy and being unconfident....

Beryllium—A critical mineral commodity—Resources, production, and supply chain

Science.gov (United States)

Lederer, Graham W.; Foley, Nora K.; Jaskula, Brian W.; Ayuso, Robert A.

2016-11-14

Beryllium is a lightweight metallic element used in a wide variety of specialty and industrial applications. As a function of its unique chemical and physical properties, such as a high stiffness-to-weight ratio, resistance to temperature extremes, and high thermal conductivity, beryllium cannot be easily replaced by substitute materials in applications where combinations of these properties make it the material of choice. Because the number of beryllium producers is limited and the use of substitute materials in specific defense-related applications that are vital to national security is inadequate, several studies have categorized beryllium as a critical and strategic material. This categorization has led to the United States Government recommending that beryllium be stockpiled for use in the event of a national emergency. As of December 31, 2015, the National Defense Stockpile inventory of hot-pressed beryllium metal powder, structured beryllium metal powder, and vacuum-cast beryllium metal totaled 78 metric tons (t).The U.S. Geological Survey (USGS) Mineral Resources Program supports research on the occurrence, quality, quantity, and availability of mineral resources vital to the economy and national security. The USGS, through its National Minerals Information Center (NMIC), collects, analyzes, and disseminates information on more than 90 nonfuel mineral commodities from more than 180 countries. This fact sheet provides information on the production, consumption, supply chain, geology, and resource availability of beryllium in a global context.

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.

Considerations on legislation, transportation and international trade of mineral commodities containing NORM; Consideracoes sobre legislacao, transporte e comercio internacional de commodities minerais contendo NORM

Energy Technology Data Exchange (ETDEWEB)

Lauria, Dejanira da Costa; Borges, Flavia Luiza Soares; Villegas, Raul Alberto Sodre

2016-07-01

The radiation protection and transport procedures of the main importing countries of the Brazilian minerals, which are related to radioactive minerals are presented. The references and an overview about the safety procedures and guides, norms and regulations about NORM related to radiation limits for the public and personnel are also commented. The exemption values in the International Atomic Energy Agency - IAEA recommendations and the legislation of the main importers of Brazilian mineral goods: China, Europe and Community and United States are introduced.

Hedging Price Risks of Farmers by Commodity Boards: A Simulation Applied to the Indian Natural Rubber Market

NARCIS (Netherlands)

Zant, W.

2001-01-01

This paper investigates a hypothetical hedging scheme in a domestic commodity market under which a commodity board offers a forward contract to domestic producers and local traders and covers its commitments on an international futures exchange. It is aimed to quantify welfare gains to agents in the

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... REGULATION OF DOMESTIC EXCHANGE-TRADED COMMODITY OPTION TRANSACTIONS § 33.3 Unlawful commodity option... of, or maintain a position in, any commodity option transaction subject to the provisions of this...

Australian minerals industry 1985-6

Energy Technology Data Exchange (ETDEWEB)

1987-01-01

The performance of the Australian mineral industry in 1985-86 was again adversely affected by low commodity prices and tight market conditions. This is shown in a survey conducted by chartered accountants Coopers and Lybrand and published by the Australian Mining Industry Council (AMIC). In a preface to the report, the president of AMIC (Sir Bruce Watson) said: In just 10 years the minerals industry has emerged as Australia's major exporter, accounting for over 40% of total Australian exports of goods. This preeminent ranking has depended on a significant investment effort, and in the creation of a very large asset base. Financing this investment, and achieving the cash flow necessary to service it, are enormous tasks.

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.

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.

Investigation of technologies for producing organic-mineral fertilizers and biogas from waste products

Directory of Open Access Journals (Sweden)

Anna V. Ivanchenko

2015-12-01

Full Text Available Modern agriculture requires special attention to a preservation of soil fertility; development of cultures fertilization; producing of new forms of organic-mineral fertilizers which nutrient absorption coefficient would be maximum. Application of artificial fertilizers has negative influence on soils. Aim: The aim of the study is to identify the scientific regularities of organic-mineral fertilizers and biogas technologies from waste products and cattle manure with the addition of fermentation additive. Materials and Methods: The affordable organic raw material for production of organic-mineral fertilizers is the cattle manure. Environmental technology of the decontamination and utilization of manure is its anaerobic bioconversion to fermented fertilizer and biogas. The waste decontamination and the degradation of complex polymers into simple renewable and plant-available compounds takes place during the conversion of manner to biogas. Experimental research carried out for the three types of loads to the model reactor of anaerobic fermentation with 1 dm3 volume for dry matter. The mesophilic fermentation mode used in the experiments (at 33 °C. Results: It has been shown that the addition of whey to the input raw materials in a ratio of 1:30 accelerates the process of anaerobic digestion and biogas generation in 1,3...2,1 times. An analysis of organic-mineral fertilizers from cattle manure were conducted. Technological schemes of organic-mineral fertilizers and biogas technologies from waste products were developed. Conclusions: Implementation of research results to farms and urban waste treatment facilities lead to increased energy potential of our country and expansion of high-quality organic-mineral fertilizers variety, which are well absorbed by plants.

ASSESSING THE GOVERNANCE FOR COMMODITY PRICE STABILIZATION - A RETROSPECTIVE LOOK

Directory of Open Access Journals (Sweden)

Pop Larisa Nicoleta

2015-07-01

Full Text Available The volatility of commodity prices has become once again a matter of profound and controversial debates for both political and academic spheres worldwide in the framework of the global economy severely distressed by the recent economic turbulences. Although commodity markets were already notorious for their price instability, the events the world economy experienced in the years 2000s offered new connotations to this phenomenon. In the first decade of this millennium, the commodity markets have struggled with high volatility, with prices reaching historical peaks just to crash dramatically some months later and very soon to restart their rise. The significant increase in volatility generated many debates about its triggering factors, the implications in terms of risk exposure of economic actors, but also the need for reconfiguring regulatory policy frameworks. The quest for the most appropriate means to deal with commodity price turbulences has known different stages over the years. Decision makers worldwide have sought alternatives, formulated and tested various mechanisms whose central aim was to mitigate price fluctuations. Governments formulate and implement consistent regulatory policies whose international coordination is a ‘sine qua non’ condition for stabilizing these markets. However, the turbulences on commodity markets often generate policy responses that sometimes exacerbate rather than mitigate the price instability. The purpose of this paper is to assess the subject of governance regarding commodity price stabilization, offering a retrospective look at the mechanisms implemented over the years, with a central focus on the International Commodity Agreements – instruments through which in the previous decades the producer and consumer governments worldwide pursued price stabilization for some key commodities like sugar, coffee, cocoa, tin and natural rubber. After analyzing the effectiveness of the International Agreements and

Multiscale analysis of deforestation risk due to commodity crop expansion in sub-Saharan Africa and the role of non-industrial producers

Science.gov (United States)

Ordway, E.; Asner, G. P.; Naylor, R. L.; Nkongho, R.; Lambin, E.

2017-12-01

Rapid integration of global agricultural markets and subsequent cropland displacement in recent decades increased large-scale tropical deforestation in South America and Southeast Asia. Growing land scarcity and more stringent land use regulations in these regions could incentivize the offshoring of export-oriented commodity crop production to sub-Saharan Africa (SSA). We assess the effects of domestic- and export-oriented agricultural expansion on deforestation in SSA in recent decades at the global, regional and local scales. Using Cameroon as a case-study, we explore the influence of emerging oil palm expansion on deforestation in greater depth. We found that commodity crops are expanding in SSA, increasing pressure on tropical forests. Four Congo Basin countries, Sierra Leone, Liberia, and Cote d'Ivoire were most at risk in terms of exposure, vulnerability and pressures from agricultural expansion. These countries averaged the highest percent forest cover (58% ±17.9) and lowest proportions of potentially available cropland outside forest areas (1% ±0.9). Foreign investment in these countries was concentrated in oil palm production (81%), with a median investment area of 41,582 thousand ha. Based on remote sensing and field survey results, however, medium- and large-scale non-industrial producers are driving a substantial fraction of the oil palm expansion leading to deforestation in Cameroon. Additionally, unlike Southeast Asia, oil palm expansion in sub-Saharan Africa is associated primarily with domestic market demands. In contrast, cocoa, the fastest expanding export-oriented crop across SSA, accounted for 57% of global expansion in 2000-2013 at a rate of 132 thousand ha yr-1, yet only amounted to 0.9% of foreign land investment. Commodity crop expansion in SSA appears largely driven by small- and medium-scale farmers rather than industrial plantations. Findings highlight that, although most agricultural expansion was associated with domestic demand, there

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.

[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.

The Mineral Question: How Energy and Technology Will Determine the Future of Mining

International Nuclear Information System (INIS)

Bardi, Ugo

2013-01-01

Almost 150 years after that Jevons (1866) published his paper “The Coal Question” a debate on mineral depletion has been ongoing between two main schools of thought: one that sees depletion as an important problem for the near future and another that sees technology and human ingenuity as making depletion only a problem for the remote future. Today, however, we have created intellectual tools that permit us to frame the problem on the basis of physical factors, in particular on the basis of thermodynamics. The present paper examines the problem of mineral depletion from a broad viewpoint, with a specific view on the role of energy in the mining and production processes. The conclusion is that energy is a fundamental factor in determining how long we can expect the supply of mineral resources to last at the present prices and production levels. The rapid depletion of our main energy resources, fossil fuels, is creating a serious supply problem that is already being felt in terms of high prices of all mineral commodities. Technology can mitigate the problem, but not solve it. In a non-remote future, the world’s industrial system will have to undergo fundamental changes in order to adapt to a reduced supply of mineral commodities.

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...

CLUSTER OF INDONESIA KABUPATEN-KOTA POTENTIAL IN DEVELOPING FOOD CROP AND HORTICULTURE COMMODITIES

Directory of Open Access Journals (Sweden)

Imam Wahyudi

2016-09-01

Full Text Available Identification of potential areas in an agricultural sector is needed in order to meet the national food needs, among others, by carrying out mapping the potential areas through clustering the Kabupaten-Kota in Indonesia, especially on imported agricultural commodities of food crops and horticultures. The use of cluster analysis with top-down clustering method (K-means produces the best cluster. Of 268 regencies-cities, there are 7 clusters, namely Cluster 1 consisting of 154 regencies, Cluster 2 consisting of 2 regencies, Cluster 3 consisting of only1 regency, Cluster 4 consisting of 8 regencies, Cluster 5 consisting of 24 regencies, Cluster 6 consisting of 75 regencies, and Cluster 7 consisting of 4 regencies. Each cluster has its own dominant commodity characteristics.  The results of typology klassen on constructed clusters show that food crop and horticulture commodities have grown well and fast. Out of 13 commodities, there are 7 major commodities: Cluster 1: rice and corns; Clusters 2, 3 and 7: cassava; Cluster 4: corns, cassavas and chilly; Cluster 5: apples; Cluster 6: corns, shallots, and garlic. Six other commodities do not grow well, namely sorghum, potatoes, soybeans, peanuts, oranges, and grapes. The potential lack of an area is due to the plants’ low productivity, which is mainly because of plant pests, highly operational cost, climates and natural disasters. Keywords: imports, food crops, horticulture, cluster, and leading sector.

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.

7 CFR 1206.16 - Producer.

Science.gov (United States)

2010-01-01

... producing, or causing to be produced, mangos beyond the person's own family use and having value at first... AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE MANGO PROMOTION, RESEARCH, AND INFORMATION Mango Promotion, Research, and Information Order Definitions § 1206.16 Producer. Producer means...

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.

17 CFR 37.3 - Requirements for underlying commodities.

Science.gov (United States)

2010-04-01

... that are a security futures product, and the registered derivatives transaction execution facility is a... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Requirements for underlying commodities. 37.3 Section 37.3 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION...

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

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

Mineral supply constraints necessitate a global policy response

Science.gov (United States)

Nickless, Edmund

2016-04-01

Adoption on 12 December 2015 of The Paris Agreement, the first universal climate agreement, suggests that nations will invest in infrastructures for renewable energy sources paving the way to a global low-carbon society. These large-scale changes will require vast amounts of metals and minerals. Regardless of whether known supplies are enough to meet demand in the near future, efforts must be made now to forestall unpredictable yet inevitable supply shortages in the decades to come, shortages that would dramatically impact the building of additional generation and distribution capacity, and deployment of low-carbon technology. But in response to the current downturn in commodity prices, the global mining industry is downsizing and reducing investment in the new exploration, putting at risk future security of supply. Mining and climate change are inextricably linked; the new adaptive technologies needed to tackle climate change depend on extraction of minerals and metals. An interdisciplinary group supported by the International Union of Geological Sciences, the International Council for Science Unions and UNESCO proposes measures to avert the looming minerals crisis that is developing in the context of current recycling capacity and exploration trends. Our immediate goal is to stimulate discussion of supply constraints using available data on mineral reserves. We build on recent discussions of supply risk and criticality with a focus on the source of primary resources over the next two to three decades when the availability of metals for recycling will remain low. Current massive production of iron ore and other such commodities despite record low prices indicates a failure of the traditional supply and demand constraints. Broader discussions of metal and mineral supply beyond current criticality are needed given the pace of technological and demographic change as well as rapid development spurts. Furthermore, accessible mineral deposits are irregularly distributed

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... REGULATION OF COMMODITY OPTION TRANSACTIONS § 32.3 Unlawful commodity option transactions. (a) On and after... extend credit in lieu thereof) from an option customer as payment of the purchase price in connection...

17 CFR 31.6 - Registration of leverage commodities.

Science.gov (United States)

2010-04-01

... taking delivery to buy or sell the leverage commodity; (2) Explain the effect of such changes upon the... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Registration of leverage... LEVERAGE TRANSACTIONS § 31.6 Registration of leverage commodities. (a) Registration of leverage commodities...

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... REGULATION OF COMMODITY OPTION TRANSACTIONS § 32.11 Suspension of commodity option transactions. (a... accept money, securities or property in connection with, the purchase or sale of any commodity option, or...

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

The Mineral Question: How Energy and Technology will determine the Future of Mining

Directory of Open Access Journals (Sweden)

Ugo eBardi

2013-12-01

Full Text Available Almost 150 years after that William Stanley Jevons published his paper The Coal Question (Jevons, 1866 the debate on mineral depletion has been ongoing between two main schools of thought: one that sees depletion as an important problem for the near future and another that sees technology and human ingenuity as the most important factors in making depletion a problem for the remote future. Today, however, we have created intellectual tools that permit us to frame the problem on the basis of physical factors, in particular on the basis of thermodynamics. The present paper examines the problem of mineral depletion from a broad viewpoint, with a specific view on the role of energy in the mining and production processes. The conclusion is that energy is a fundamental factor in determining how long we can expect the supply of mineral resources to last at the present prices and production levels. The rapid depletion of our main energy resources, fossil fuels, is creating a serious supply problem that is already being felt in terms of high prices of all mineral commodities. Technology can mitigate the problem, but not solve it. In a non remote future, the world's industrial system will have to undergo fundamental changes in order to adapt to a reduced supply of mineral commodities.

Attaining Sustainable Growth in Nigeria: Any Role for Solid Mineral Development?

Directory of Open Access Journals (Sweden)

Richardson Kojo Edeme

2018-03-01

Full Text Available Using time series such as GDP per capita, solid minerals output, foreign trade balance, domestic interest rate, inflation, and gross domestic savings, for the period 1960-2015. the Linear Growth Regression model adopted for this study indicates that solid minerals positively impact on sustainable growth and is statistically significant. The study also found that solid mineral is highly significant but negatively related with foreign exchange due largely to illegal migration of mineral commodities across the borders of the country. In view of this, there is need for conscious inter-agency collaboration to track the volume of mineral resources illegally escaping the shores of the country without being accounted for. Besides, there should be more attention on developing the solid mineral sector to help insulate the economy from the vagaries of the present economic woes given the rising demand in solid mineral resources globally.

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...

Mineral-produced high-pressure striae and clay polish: Key evidence for nonballistic transport of ejecta from Ries crater

Science.gov (United States)

Chao, E.C.T.

1976-01-01

Recently discovered mineral-produced, deeply incised striae and mirror-like polish on broken surfaces of limestone fragments from the sedimentary ejecta of the Ries impact crater of southern Germany are described. The striae and polish were produced under high confining pressures during high-velocity nonballistic transport of the ejecta mass within the time span of the cratering event (measured in terms of seconds). The striae on these fragments were produced by scouring by small mineral grains embedded in the surrounding clay matrix, and the polish was formed under the same condition, by movements of relatively fragment-free clay against the fragment surfaces. The occurrence of these striae and polish is key evidence for estimating the distribution and determining the relative importance of nonballistic and ballistic transport of ejecta from the shallow Ries stony meteorite impact crater.

1993 commodity flow survey : state summaries

Science.gov (United States)

1997-06-01

This report summarizes the Commodity Flow Survey (CFS) state reports released between February 1996 and July 1996 by the Bureau of the Census and the 1993 Commodity Flow Survey: Preliminary Observations by the Bureau of Transportation Statistics. Inf...

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.

World Mineral resources and the Limits to Economic Growth

Directory of Open Access Journals (Sweden)

Bardi Ugo

2014-03-01

Full Text Available This presentation describes how the present economic situation can be described in terms of the system dynamics models developed in the series of studies that were titled “The Limits to Growth”. The result of this examination is that mineral depletion may be a major factor in causing the slowdown in economic growth in several countries. The effect is not the result of “running out” of any resource, but of the gradual increase in extraction costs which is forcing the economy to dedicate larger and larger resources to the production of mineral commodities.

Maximising the developmental impacts of South Africa's mineral endowment

CSIR Research Space (South Africa)

Jourdan, P

2017-10-01

Full Text Available , Ta content) 927.0 77% 1,210 Tin (kt metal content) 7.5 3% 294 Zinc (kt Zn content) 274 0 3% 13 400 Africa: Production of Selected Metals in 2013 Commodity Africa Share of world World total Cement (Mt) 165 4% 4,090 Diamond (kcarats) 72,500 55...% 131,000 Graphite (kt) 11 1% 1,100 Phosphate rock (Mt) 41 17% 243 Coal (Mt) 270 4% 6,860 Crude oil (Mbbl) 3,160 11% 28,500 Uranium (kt, U3O8) 12 17% 74 Africa Production of Selected Industrial Minerals and Mineral Fuels in 2013 African exports...

The Price of Commodity Risk in Stock and Futures Markets

NARCIS (Netherlands)

M. Boons (Martijn); F.A. de Roon (Frans); M.K. 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 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... Exchange Act. The Commission may deny, temporarily or permanently, the privilege of appearing or practicing...

Choosing a commode for the ward environment.

Science.gov (United States)

Ballinger, C; Pain, H; Pascoe, J; Gore, S

The choice of appropriate equipment to promote patient independence and enhance nursing care is of major concern to the nurse in the ward environment. This article reports on a recent evaluation of specialist commodes, (Ballinger et al, 1994), with reference to the programme funded by the Medical Devices Agency, Department of Health, under whose auspices the project was carried out. The results of user evaluations and technical tests of six mobile commodes are presented, the preferred model being the Mayfair commode supplied by Carters (J&A) Ltd. The article concludes by identifying a number of important considerations to bear in mind when selecting a commode.

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.

Using Discrete Event Simulation to Model Integrated Commodities Consumption for a Launch Campaign of the Space Launch System

Science.gov (United States)

Leonard, Daniel; Parsons, Jeremy W.; Cates, Grant

2014-01-01

In May 2013, NASA's GSDO Program requested a study to develop a discrete event simulation (DES) model that analyzes the launch campaign process of the Space Launch System (SLS) from an integrated commodities perspective. The scope of the study includes launch countdown and scrub turnaround and focuses on four core launch commodities: hydrogen, oxygen, nitrogen, and helium. Previously, the commodities were only analyzed individually and deterministically for their launch support capability, but this study was the first to integrate them to examine the impact of their interactions on a launch campaign as well as the effects of process variability on commodity availability. The study produced a validated DES model with Rockwell Arena that showed that Kennedy Space Center's ground systems were capable of supporting a 48-hour scrub turnaround for the SLS. The model will be maintained and updated to provide commodity consumption analysis of future ground system and SLS configurations.

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.

What's nature got to do with it? A situated historical perspective on socio-natural commodities.

Science.gov (United States)

Peluso, Nancy Lee

2012-01-01

Nature(s) have been commodified since the early days of capitalism, but through processes and socio-natural relationships mediated by their times, histories and localities. While the conditions under which nature's commodities are being trademarked today may be new, their potential for commodification is not. Commodifications of nature should not come as a surprise to environmental social scientists and activists. In this article, I argue that commodification of ‘nature's products, places and processes’ produces new sorts of socio-natures. Situated histories of rubber are particularly relevant because, like carbon, ecosystem services and other recently commodified natures, rubber sits comfortably on the line between a fictitious commodity and a commodity produced explicitly for market: the latex alone has almost no use value, and to give it any exchange value, it requires processing. Yet analytically, it is still considered a ‘natural commodity’, different from ‘synthetic rubber’ and other tradable tree latexes in qualities and socio-natural characteristics. However, it is the social relations constituting rubber's production and trade in various rainforest and agro-forestry environments that have given it a positive or negative connotation, rather than its natural properties or the ecological contexts within which it has been produced. By situating rubber in three of its globally important temporal and spatial contexts, I show how it has been subjected to fairy-tale-like stories that masked and naturalized its commodity lives of the moment. Understanding how history is told or remains untold is thus an essential part of the politics of knowledge production, but also of human experience and mobilization for change. It should be part of any political ecology analysis.

Minerals Yearbook, volume II, Area Reports—Domestic

Science.gov (United States)

,

2018-01-01

The U.S. Geological Survey (USGS) Minerals Yearbook discusses the performance of the worldwide minerals and materials industries and provides background information to assist in interpreting that performance. Content of the individual Minerals Yearbook volumes follows:Volume I, Metals and Minerals, contains chapters about virtually all metallic and industrial mineral commodities important to the U.S. economy. Chapters on survey methods, summary statistics for domestic nonfuel minerals, and trends in mining and quarrying in the metals and industrial mineral industries in the United States are also included.Volume II, Area Reports: Domestic, contains a chapter on the mineral industry of each of the 50 States and Puerto Rico and the Administered Islands. This volume also has chapters on survey methods and summary statistics of domestic nonfuel minerals.Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region’s mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country’s mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country’s mineral industry, and an outlook section.The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the Minerals Yearbook are welcomed.

Minerals Yearbook, volume III, Area Reports—International

Science.gov (United States)

,

2018-01-01

The U.S. Geological Survey (USGS) Minerals Yearbook discusses the performance of the worldwide minerals and materials industries and provides background information to assist in interpreting that performance. Content of the individual Minerals Yearbook volumes follows:Volume I, Metals and Minerals, contains chapters about virtually all metallic and industrial mineral commodities important to the U.S. economy. Chapters on survey methods, summary statistics for domestic nonfuel minerals, and trends in mining and quarrying in the metals and industrial mineral industries in the United States are also included.Volume II, Area Reports: Domestic, contains a chapter on the mineral industry of each of the 50 States and Puerto Rico and the Administered Islands. This volume also has chapters on survey methods and summary statistics of domestic nonfuel minerals.Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region’s mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country’s mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country’s mineral industry, and an outlook section.The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the Minerals Yearbook are welcomed.

An exploration in mineral supply chain mapping using tantalum as an example

Science.gov (United States)

Soto-Viruet, Yadira; Menzie, W. David; Papp, John F.; Yager, Thomas R.

2013-01-01

This report uses the supply chain of tantalum (Ta) to investigate the complexity of mineral and metal supply chains in general and show how they can be mapped. A supply chain is made up of all the manufacturers, suppliers, information networks, and so forth, that provide the materials and parts that go into making up a final product. The mineral portion of the supply chain begins with mineral material in the ground (the ore deposit); extends through a series of processes that include mining, beneficiation, processing (smelting and refining), semimanufacture, and manufacture; and continues through transformation of the mineral ore into concentrates, refined mineral commodities, intermediate forms (such as metals and alloys), component parts, and, finally, complex products. This study analyses the supply chain of tantalum beginning with minerals in the ground to many of the final goods that contain tantalum.

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

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...

A two-commodity perishable inventory system

Directory of Open Access Journals (Sweden)

B Sivakumar

2005-12-01

Full Text Available 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 station constitutes a Poisson process with parameter lambda. The customer demands for these commodities are assumed to be in the ratio p1:p2. An individual customer is issued a demanded item after a random time of service with a negative exponential distribution. The items are perishable in nature and the life time of items of each commodity is assumed to be exponentially distributed. Both commodities are supposed to be substitutable in the sense that at the instant of any zero-stock, the other item may be used to meet the demand. A joint reordering policy is adopted with a random lead time for orders with exponential distribution. The joint probability distribution of the number of customers in the system and the inventory levels are obtained in both the transient and steady states. We also derive some stationary performance measures. The results are illustrated by means of a numerical example.

Sustainable Systems Analysis of Production and Transportation Scenarios for Conventional and Bio-based Energy Commodities

Science.gov (United States)

Doran, E. M.; Golden, J. S.; Nowacek, D. P.

2013-12-01

commerce. To demonstrate the usefulness of the framework, we construct several scenarios as case studies to explore the emerging trends of larger ship deployment and the changing portfolio of energy resources including the increased consumption of bio-based energy. The maritime transportation industry remains heavily reliant on fossil fuels to power transport, while energy, mineral and grain remain the largest bulk commodities shipped. Emerging markets for such commodities, as well as new production methods and locations are considered. We overlay these trends and shifts with ecological areas of concern and biological migration routes. The diversity of governance regimes is also considered to produce a clearer picture of the emerging hot-spots for further study and for the synergies and tradeoffs that must be considered to achieve a sustainable ocean system. References Turner BL, Lambin EF, Reenberg A (2007) Proc Natl Acad Sci, (104):20666-20671. UN Trade and Development Board (2013) Recent developments and trends in international maritime transport affecting trade of developing countries, TD/B/C.1/30.

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.

7 CFR 46.18 - Record of produce received.

Science.gov (United States)

2010-01-01

..., Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE MARKETING OF PERISHABLE AGRICULTURAL COMMODITIES REGULATIONS (OTHER THAN RULES OF PRACTICE) UNDER THE PERISHABLE AGRICULTURAL COMMODITIES ACT, 1930 Records of... a record of all produce received and this record shall be in the form of a book (preferably a bound...

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...

Commodity Price Fluctuations: A Century of Analysis

OpenAIRE

Walter Labys

2005-01-01

Commodity prices again! The twentieth century has only been the latest spectator to the impacts and importance of commodity price fluctuations. It is reasonably well known that commodity price records have come down to us from the ancient civilizations of India, Mesopotamia, Egypt, Greece and Rome. Earlier in the century, formal research began on the relationships between agricultural demand, supply and prices in a market context. This research not only evolved in sophistication but extended ...

The stochastic seasonal behavior of energy commodity convenience yields

International Nuclear Information System (INIS)

Mirantes, Andrés García; Población, Javier; Serna, Gregorio

2013-01-01

This paper contributes to the commodity pricing literature by consistently modeling the convenience yield with its empirically observed properties. Specifically, in this paper, we show how a four-factor model for the stochastic behavior of commodity prices, with two long- and short-term factors and two additional seasonal factors, may accommodate some of the most important empirically observed characteristics of commodity convenience yields, such as the mean reversion and stochastic seasonality. Based on this evidence, a theoretical model is presented and estimated to characterize the commodity convenience yield dynamics that are consistent with previous findings. We also show that commodity price seasonality is better estimated through convenience yields than through futures prices. - Highlights: • Energy commodity convenience yields exhibit mean reversion and stochastic seasonality. • We present a model for convenience yields accounting for their observed characteristics. • Commodity price seasonality is better estimated through convenience yields

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...

Porphyry copper assessment of northeast Asia: Far East Russia and northeasternmost China: Chapter W in Global mineral resource assessment

Science.gov (United States)

Mihalasky, Mark J.; Ludington, Stephen; Alexeiev, Dmitriy V.; Frost, Thomas P.; Light, Thomas D.; Briggs, Deborah A.; Hammarstrom, Jane M.; Wallis, John C.; Bookstrom, Arthur A.; Panteleyev, Andre

2015-01-01

The U.S. Geological Survey assesses resources (mineral, energy, water, environmental, and biologic) at regional, national, and global scales to provide science in support of land management and decision making. Mineral resource assessments provide a synthesis of available information about where mineral deposits are known and suspected to be in the Earth’s crust, which commodities may be present, and estimates of amounts of resources in undiscovered deposits.

How Macroecomic Factors Influence the Commodity Market in the Financialization Period: The Case of S & P GSCI Commodity Index

Directory of Open Access Journals (Sweden)

Kamil Smolík

2014-01-01

Full Text Available In connection to the process of financialization of commodity markets which is caused by the sharp increase of money flowing into the commodity markets, the question of which factors affect commodity and commodity indices prices is discussed. In this article, the importance of chosen macroeconomic determinants to the price variability of one of the most important commodity indexes S & P GSCI by using the Boosted Trees method is quantified. The results obtained in the research show that changes in the monthly values of macroeconomic determinants reflect and can, according to the model used, explain the volatility of the monthly average index S & P GSCI Total Return to more than 75%. The most important macroeconomic determinants proved to be Nominal Effective Exchange Rate of USD or US – Short-term interest rates.

22 CFR 201.63 - Maximum prices for commodities.

Science.gov (United States)

2010-04-01

... actually incurred in moving the commodities supplied from the point of purchase to a position alongside or... between those points. (g) Commodity price subject to escalation. If a purchase contract contains a price.... prevailing market price—U.S. source. The purchase price for a commodity, the source of which is the United...

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.

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...

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.

Filter media properties of mineral fibres produced by plasma spray.

Science.gov (United States)

Prasauskas, Tadas; Matulevicius, Jonas; Kliucininkas, Linas; Krugly, Edvinas; Valincius, Vitas; Martuzevicius, Dainius

2016-01-01

The purpose of this study was to determine the properties of fibrous gas filtration media produced from mineral zeolite. Fibres were generated by direct current plasma spray. The paper characterizes morphology, chemical composition, geometrical structure of elementary fibres, and thermal resistance, as well as the filtration properties of fibre media. The diameter of the produced elementary fibres ranged from 0.17 to 0.90 μm and the length ranged from 0.025 to 5.1 mm. The release of fibres from the media in the air stream was noticed, but it was minimized by hot-pressing the formed fibre mats. The fibres kept their properties up to the temperature of 956°C, while further increase in temperature resulted in the filter media becoming shrunk and brittle. The filtration efficiency of the prepared filter mats ranged from 95.34% to 99.99% for aerosol particles ranging in a size between 0.03 and 10.0 μm. Unprocessed fibre media showed the highest filtration efficiency when filtering aerosol particles smaller than 0.1 µm. Hot-pressed filters were characterized by the highest quality factor values, ranging from 0.021 to 0.064 Pa(-1) (average value 0.034 Pa(-1)).

Organized Retailing of Horticultural Commodities

OpenAIRE

Sinha, Piyush Kumar; Thomas, Sujo

2012-01-01

Owing to rapid urbanization and changing consumption patterns, more and more retailers are trying to put their best efforts to discover new avenues of success when it comes to the sales of horticultural commodities. There are several Indian companies as well as foreign companies who have been focusing all their energies to succeed in the organized retail sector of Indian horticulture commodities. The Indian retail industry is worth $470 million and organized retail stands at $26 million which...

Segmentation of the industrial market for food commodities

DEFF Research Database (Denmark)

Bech-Larsen, Tino

2001-01-01

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...... 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...

Influence of rising commodity prices on energy policy

International Nuclear Information System (INIS)

Keppo, I.J.

2009-04-01

During the past few years we have first witnessed a rapid increase in the prices of commodities and then later, as a consequence of the economic downturn, an even more drastic drop. Simultaneously with the commodity price increase, an increase in the investment costs of power plants was experienced. The rise in material costs was often stated as one of the reasons for this increase. In this study the relationship between commodity costs and energy prices is studied. A bottom-up approach is used for estimating what kind of an impact increased commodity prices alone could be expected to have on the investment costs on the one hand, and how increased energy prices may affect commodity production costs on the other. The results indicate that although the commodity production costs usually have a fairly large energy component, even high increases in commodity prices, and therefore raw material costs of power plant investments, can not explain the recently experienced hikes in power plant investment costs; a doubling of the costs of the main raw material flows could explain an investment cost increase of some 5-10%, depending on the power plant type. This would seem to indicate that other contributing factors, such as bottlenecks in the production of power plant components, may play an important role in the recent investment cost increase

Using high temperature gas-cooled reactors for energy neutral mineral development processes – A proposed IAEA Coordinated Research Project

International Nuclear Information System (INIS)

Haneklaus, N.; Reitsma, F.; Tulsidas, H.; Dyck, G.; Koshy, T.; Tyobeka, B.; Schnug, E.; Allelein, H-J.; Birky, B.

2014-01-01

Today, uranium mined from various regions is the predominant reactor fuel of the present generation of nuclear power plants. The anticipated growth in nuclear energy may require introducing uranium/thorium from unconventional resources (e.g. phosphates, coal ash or sea water) as a future nuclear reactor fuel. The demand for mineral commodities is growing exponentially and high-grade, easily-extractable resources are being depleted rapidly. This shifts the global production to low-grade, or in certain cases unconventional mineral resources, the production of which is constrained by the availability of large amounts of energy. Numerous mining processes can benefit from the use of so-called “thermal processing”. This is in particular beneficial for (1) low grade deposits that cannot be treated using the presently dominant chemical processing techniques; (2) the extraction of high purity end products; and (3) the separation of high value or unwanted impurities (e.g. uranium, thorium, rare earths, etc.) that could be used/sold, when extracted, which will result in cleaner final products. The considerably lower waste products also make it attractive compared to chemical processing. In the future, we may need to extract nuclear fuel and minerals from the same unconventional resources to make nuclear fuel- and low grade ore processing feasible and cost-effective. These processes could be sustainable only if low-cost, carbon free, reliable energy is available for comprehensive extraction of all valuable commodities, for the entire life of the project. Nuclear power plants and specifically High Temperature Gas-cooled Reactors (HTGRs) can produce this energy and heat in a sustainable way, especially if enough uranium/thorium can be extracted to fuel these reactors.

Portfolio Diversification with Commodity Futures: Properties of Levered Futures

NARCIS (Netherlands)

Woodard, J.D.; Egelkraut, T.M.; Garcia, P.; Pennings, J.M.E.

2005-01-01

Portfolio Diversification with Commodity Futures: Properties of Levered Futures This study extends previous work on the impact of commodity futures on portfolio performance by explicitly incorporating levered futures into the portfolio optimization problem. Using data on nine individual commodity

Development of commodity exchange in Croatia

OpenAIRE

Sicel, Mladen

2009-01-01

Purpose of this thesis work is to show relevance and necessarity for existing of commodity exchange and it’s influence to the economy of Croatia. Because eastern part of Croatia, region called Slavonia is mostly agricultural oriented, it is of essential relevance to establish and make operate of first commodity exchange in Croatia.

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...

7 CFR 1206.8 - Foreign producer.

Science.gov (United States)

2010-01-01

... produced, mangos beyond the person's own family use and having value at first point of sale. ... AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE MANGO PROMOTION, RESEARCH, AND INFORMATION Mango Promotion, Research, and Information Order Definitions § 1206.8 Foreign producer. Foreign...

17 CFR 4.14 - Exemption from registration as a commodity trading advisor.

Science.gov (United States)

2010-04-01

... a commodity trading advisor. 4.14 Section 4.14 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION COMMODITY POOL OPERATORS AND COMMODITY TRADING ADVISORS General Provisions, Definitions and Exemptions § 4.14 Exemption from registration as a commodity trading advisor. This section is...

Role of radiation technology in preservation of food and agricultural commodities

International Nuclear Information System (INIS)

Rajput, Sanjay

2016-01-01

Several technological benefits can be achieved by gamma radiation processing of agricultural commodities and food include: inhibition of sprouting in tubers, bulbs and rhizomes; disinfestation of insect pests in stored products; disinfestation of quarantine pests in fresh produce; delay in ripening and senescence in fruits and vegetables; destruction of microbes responsible for spoilage of food; elimination of parasites and pathogens of public health importance in food

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...

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...

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...... expectations, one should mostly observe contemporaneous correlations, not one-directional cross-predictability from one variable toward the other. Using three different data sets and various econometric techniques, we do find the contemporaneous correlations as predicted by the financial asset view......-averaged prices in the commodity index data that they use (price averaging induces spurious autocorrelation and predictability) and to features in their test procedures....

City networks and commodity chains: identifying global flows and local connections in Ho Chi Minh City

DEFF Research Database (Denmark)

Vind, Ingeborg; Fold, Niels

2010-01-01

Any analytical framework for understanding actual forms of the intensified incorporation of cities into the world economy needs to go beyond the exclusive focus on advanced producer services, which is characteristic of most of the World City Network (WCN) approach. Simultaneously, an account...... of the role of advanced producer services will strengthen Global Commodity Chain (GCC) analysis. A combination of the literatures on WCN and GCC can contribute to a broader conceptualization of the connections and connectivities of global cities. In addition, a combined approach will improve our understanding...... of globalization processes within many so-called 'third-world' cities that are experiencing booms in export-oriented industrialization and in migration from rural hinterlands as they are being integrated into Global Commodity Chains. We illustrate our argument with insights from GCC analyses of the electronics...

7 CFR 1427.22 - Commodity certificate exchanges.

Science.gov (United States)

2010-01-01

... commodity certificate for the marketing assistance loan collateral. This provision terminates effective... exchange the marketing assistance loan collateral, and (3) Immediately exchanging the purchased commodity certificate for the outstanding loan collateral. [67 FR 64459, Oct. 18, 2002, as amended at 73 FR 65722, Nov...

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...

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...

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

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

Radiation processing of food and agricultural commodities: opportunities and challenges

International Nuclear Information System (INIS)

Sharma, Arun

2009-01-01

Assuring adequate food security to citizens of the country requires deployment of strategies for augmenting agricultural production while eliminating 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 can play a significant role both in the improvement of crop productivity, as well as, in the preservation and hygienization of agricultural produce

75 FR 15403 - Information Collection, Procurement of Agricultural Commodities for Foreign Donation

Science.gov (United States)

2010-03-29

... Agricultural Commodities for Foreign Donation AGENCY: Commodity Credit Corporation, USDA ACTION: Notice... commodities for foreign donation. The Kansas City Commodity Office (KCCO) issues a public invitation... Agricultural Commodities for Foreign Donation. OMB Number: 0560-0258. Expiration Date: May 31, 2010. Type of...

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

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 COMMISSION DERIVATIVES TRANSACTION EXECUTION FACILITIES § 37.4 Election to trade excluded and exempt...

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.

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.

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.

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)

Natural gas : a highly lucrative commodity

International Nuclear Information System (INIS)

Anon.

2000-01-01

Exploration and production of natural gas has become highly profitable as natural gas is becoming a leading future commodity. With new technology, high demand and environmental benefits, natural gas is the preferred choice over petroleum as the leading source of energy to heat home and businesses. Canada is the world's third largest producer of natural gas with its Sable Offshore Energy Project being the fourth largest producing natural gas basin in North America. The basin will produce high quality sweet natural gas from 28 production wells over the course of the next 20 to 25 years. The gas will be transported to markets through Nova Scotia, New Brunswick and into the Northeastern United States via the Maritimes and Northeast Pipeline. The 1051 kilometer underground gas pipeline is currently running laterals to Halifax, Nova Scotia and Saint John, New Brunswick. Market studies are being conducted to determine if additional lines are needed to serve Cape Breton, Prince Edward Island and northern New Brunswick. A recent survey identified the following 5 reasons to convert to natural gas: (1) it is safe, (2) it is reliable, (3) it is easy to use, (4) it is cleaner burning and environmentally friendly compared to other energy sources, and (5) it saves the consumer money

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.

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...... formulas can directly be used to indicate how Pigovian taxation of carbon NRRs should be increased in the presence of public-revenue needs, as illustrated in a numerical example. We show that NRR substitutes and complements should receive a particular tax treatment. Finally, in a NRR-importing economy...

7 CFR 17.5 - Contracts between commodity suppliers and importers.

Science.gov (United States)

2010-01-01

... officers and a description of the firm's experience as an exporter of U.S. agricultural commodities. Copies... under this part and the purchase authorization. (3) If, at the time the commodity supplier reports the... requirements unless otherwise specified in the purchase authorization. (1) Commodity contracts between...

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, ...

Some implications of changing patterns of mineral consumption

Science.gov (United States)

Menzie, W. David; DeYoung,, John H.; Steblez, Walter G.

2003-01-01

DeYoung and Menzie (1999) examined the relations among population, Gross Domestic Product, and mineral consumption (aluminum, cement, copper, and salt) for Japan, Korea, and the United States between 1965 and 1995. They noted the extremely rapid growth of consumption in Korea between 1975 and 1995. Concomitantly, Korea's population growth rate declined. This paper extends that earlier work by examining patterns of consumption of these same commodities in the twenty most populous countries for the period 1970 through 1995. Developed countries, such as France, Germany, Japan, the United Kingdom, and the United States, show patterns of consumption that are stable (cement, copper, and salt) or grow slowly (aluminum). Some developing countries, including China, Thailand, and Turkey, show more rapid growth of consumption, especially of cement, copper, and aluminum. These changing patterns of mineral consumption in developing countries have important implications -- if they continue, there could be major increases in world mineral consumption and major increases in environmental residuals from mineral production and use. If China reaches the level of consumption of copper of developed countries, world consumption could reach levels more than twice that of 1995 (10.5 million tons).

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

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.

The mineralization and mechanism of the endogenetic mineral deposit in China

International Nuclear Information System (INIS)

Jiang Yonghong

2010-01-01

In the process of mineralization, due to the difference in rank, scale and order of structures orebody, mine colomn or rich ore bag are often produced in the specific structural parts. Obviously, it is controlled by favourite structure. The important and direct control of the structure to metal endogenetic mineralization evolution are representative on the affect of pulse action of structure to the multi-stage of mineralization evolution. According to the formation environment of the mineralization, it can be classified as collision orogeny mineralization, release(extension)mineralization, slide draw-division basin mineralization and shear zone extension mineralization. Throng the discuss of endogenetic deposit in the geological evolution, structure and formation machenism, the metallogenic model was preliminary established,and the criteria for delineating favourable metallogenic area was identified. (authors)

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

Understanding the U.S. Generic Advertising System and its Role in Information Management among Commodities and Food Systems

Directory of Open Access Journals (Sweden)

Ron W. Ward

2010-10-01

Full Text Available  Information is essential to growing demand and maintaining efficiency throughout the supply chain for any commodity. The U.S. model for facilitating producers and first handlers having a proactive role in the flow of information about their products is through commodity checkoff programs. These industry administrated programs fund generic advertising and promotions usually through a mandatory assessment. Success of any of these programs depend on the administrative structure, the message, the ability to judge performance, and the overall equity in sharing in the program created benefits.

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

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

Competitiveness of Slovak agri-food commodities in third country markets

Directory of Open Access Journals (Sweden)

Iveta Ubrežiová

2012-01-01

Full Text Available The impression of a single “European” market is gradually generated mainly due to action of the Common Agricultural Policy. Most of the agro-food complex enterprises see opportunities especially in the internationalization, globalization and regionalization in the agri-food sector, in pursuance of this, they are gradually smouldering innovative activities and trying to work on their competitive advantages. Based on the written we can say, that the issue of the competitiveness of enterprises, as well as of various commodities is in the current period highly current and adequate. The importance of the trade with so-called third countries is still increasing. This increase is mainly caused by the enlargement of the European Union in the term of foreign trade and it can be also confirmed from the results of the research. As the results of the research shows, the most important customers of the Slovak agri-food commodities are the Commonwealth of Independent States, where in the followed four-year period went within third countries at the average of 32.9% of the total Slovak agriculture export, also countries of EUROMED, where this proportion was 18.4%, and Croatia, with the proportion of 19.1%. These countries are the largest buyers of such Slovak agri-food commodities as are for example malt, chocolate and live cattle. On the other hand, Slovak republic is in agri-food import mostly dependent on such countries as are for example MERCOSUR countries, Mediterranean countries EUROMED, the African, Caribbean and Pacific (ACP, China, ASEAN and the U.S., which are the major suppliers of so-called „irreplaceable“ items, which Slovak republic can not produce.Results of the research also shows that while the importance of the trade with those countries (note- third countries is still increasing, Slovak export to third countries, in the contrast to its import, is still decreasing and that the most competitive agri-food commodities are for example live

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.

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

Mineral wealth and the economic transition: Kazakhstan

International Nuclear Information System (INIS)

Auty, R.M.

1998-01-01

The exploitation of mineral wealth can amplify the problems of the transition economies in three basic ways. First, the rebound of the real exchange rate that characterises a successful transition may be augmented by the capital inflow required to expand mineral production. This can cause both recession in the short-run and lower growth in the medium-term. Second, when the mineral revenues expand, the Dutch Disease effects may intensify the transition-related shrinkage of the non-mining tradable sector, thereby retarding economic diversification and rendering the economy vulnerable to external shocks. Third, a mineral boom tends to concentrate revenue on the government, which may use it to postpone difficult decisions on economic reform and/or dissipate the revenue due to weak financial markets and inadequate public accountability. Kazakhstan, like oil-rich Azerbaijan, is a late reformer and displays evidence of a faster transition rebound than other less resource-rich countries in the CIS do. However, Kazakhstan has two advantages over Azerbaijan. First, Kazakhstan has a more diversified mineral endowment with which to counter any trend towards single commodity specialization. Second, Kazakhstan is making a later start on oil expansion so that it can learn from the experience of Azerbaijan. Priorities for Kazakhstan are the continuation of prudent economic policies, the creation of institutions to enhance the transparency of the revenue flows, and the use of environmental accounting to provide a rationale for the deployment of the oil rents. (author)

Minerals Yearbook, volume III, Area Reports—International—Europe and Central Eurasia

Science.gov (United States)

Geological Survey, U.S.

2018-01-01

The U.S. Geological Survey (USGS) Minerals Yearbook discusses the performance of the worldwide minerals and materials industries and provides background information to assist in interpreting that performance. Content of the individual Minerals Yearbook volumes follows:Volume I, Metals and Minerals, contains chapters about virtually all metallic and industrial mineral commodities important to the U.S. economy. Chapters on survey methods, summary statistics for domestic nonfuel minerals, and trends in mining and quarrying in the metals and industrial mineral industries in the United States are also included.Volume II, Area Reports: Domestic, contains a chapter on the mineral industry of each of the 50 States and Puerto Rico and the Administered Islands. This volume also has chapters on survey methods and summary statistics of domestic nonfuel minerals.Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region’s mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country’s mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country’s mineral industry, and an outlook section.The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the Minerals Yearbook are welcomed.

Minerals Yearbook, volume III, Area Reports—International—Asia and the Pacific

Science.gov (United States)

Geological Survey, U.S.

2018-01-01

The U.S. Geological Survey (USGS) Minerals Yearbook discusses the performance of the worldwide minerals and materials industries and provides background information to assist in interpreting that performance. Content of the individual Minerals Yearbook volumes follows:Volume I, Metals and Minerals, contains chapters about virtually all metallic and industrial mineral commodities important to the U.S. economy. Chapters on survey methods, summary statistics for domestic nonfuel minerals, and trends in mining and quarrying in the metals and industrial mineral industries in the United States are also included.Volume II, Area Reports: Domestic, contains a chapter on the mineral industry of each of the 50 States and Puerto Rico and the Administered Islands. This volume also has chapters on survey methods and summary statistics of domestic nonfuel minerals.Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region’s mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country’s mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country’s mineral industry, and an outlook section.The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the Minerals Yearbook are welcomed.

Minerals Yearbook, volume III, Area Reports—International—Latin America and Canada

Science.gov (United States)

,

2018-01-01

The U.S. Geological Survey (USGS) Minerals Yearbook discusses the performance of the worldwide minerals and materials industries and provides background information to assist in interpreting that performance. Content of the individual Minerals Yearbook volumes follows:Volume I, Metals and Minerals, contains chapters about virtually all metallic and industrial mineral commodities important to the U.S. economy. Chapters on survey methods, summary statistics for domestic nonfuel minerals, and trends in mining and quarrying in the metals and industrial mineral industries in the United States are also included.Volume II, Area Reports: Domestic, contains a chapter on the mineral industry of each of the 50 States and Puerto Rico and the Administered Islands. This volume also has chapters on survey methods and summary statistics of domestic nonfuel minerals.Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region’s mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country’s mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country’s mineral industry, and an outlook section.The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the Minerals Yearbook are welcomed.

Modelling the rand and commodity prices: A Granger causality and cointegration analysis

Directory of Open Access Journals (Sweden)

Xolani Ndlovu

2014-11-01

Full Text Available This paper examines the ‘commodity currency’ hypothesis of the Rand, that is, the postulate that the currency moves in line with commodity prices, and analyses the associated causality using nominal data between 1996 and 2010. We address both the short run and long run relationship between commodity prices and exchange rates. We find that while the levels of the series of both assets are difference stationary, they are not cointegrated. Further, we find the two variables are negatively related, with strong and significant causality running from commodity prices to the exchange rate and not vice versa, implying exogeneity in the determination of commodity prices with respect to the nominal exchange rate. The strength of the relationship is significantly weaker than other OECD commodity currencies. We surmise that the relationship is dynamic over time owing to the portfolio-rebalance argument and the Commodity Terms of Trade (CTT effect and, in the absence of an error correction mechanism, this disconnect may be prolonged. For commodity and currency market participants, this implies that while futures and forward commodity prices may be useful leading indicators of future currency movements, the price risk management strategies may need to be recalibrated over time.

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

Multiple pathways of commodity crop expansion in tropical forest landscapes

International Nuclear Information System (INIS)

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

2014-01-01

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

Towards zero waste production in the minerals and metals sector

Science.gov (United States)

Rankin, William J.

The production of mineral and metal commodities results in large quantities of wastes (solid, liquid and gaseous) at each stage of value-adding — from mining to manufacturing. Waste production (both consumer and non-consumer) is a major contributor to environmental degradation. Approaches to waste management in the minerals industry are largely `after the event'. These have moved progressively from foul-and-flee to dilute-and-disperse to end end-of-pipe treatments. There is now a need to move to approaches which aim to reduce or eliminate waste production at source. Modern waste management strategies include the application of cleaner production principles, the use of wastes as raw materials, the reengineering of process flowsheets to minimise waste production, and use of industrial symbioses through industrial ecology to convert wastes into useful by-products. This paper examines how these can be adopted by the minerals industry, with some recent examples. The financial, technical, systemic and regulatory drivers and barriers are also examined.

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).

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

prices. Furthermore, land use change both through converting natural land to produce 1st generation biofuels, and by displacing existing agricultural activities to other areas, may drastically impact the greenhouse gas (GHG) emission reduction of biofuels production and use. However, there are ways to reduce negative impacts. Even though shifting to second generation (2nd generation) biofuels appears to be one of the best solutions in terms of decreasing the pressure on agricultural commodity markets and improving GHG performances of biofuels, a mix of 1st and 2nd generation biofuels will be the likely future. In this respect, strategies to increase agricultural productivity, especially in developing countries where yields presently are low, stands out as one of the most important requirements. Food security and agricultural productivity improvements have been addressed as part of the millennium development goals (MDG's). But policy-driven biofuel production that impacts global agricultural markets should also become part of the policy framework that supports agricultural productivity increase in the world regions that are likely to be impacted most with increased biofuel demand. 2nd generation biofuels can decrease some of the pressure on agriculture commodities if they are produced from residues and crops cultivated on marginal lands. They are in addition expected to provide a substantial contribution to reducing GHG emissions. However, those technologies are still at demonstration stage and bringing them to the market requires policy measures that take into account their risk profiles and create a favourable and stable investment climate. A set of policy options, for instance combinations of high investment subsidies with soft loans, tax exemptions, and favourable crediting in relation to biofuel targets, can help overcome the initial investment barriers and enable larger volumes of 2nd generation biofuel penetration into the market. Lignocellulosic feedstocks are

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...

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... Credit Corporation (CCC) pursuant to Section 4(h) of the Act of June 29, 1948 (15 U.S.C. 714b(h)) (“CCC...

Main types of rare-metal mineralization in Karelia

Science.gov (United States)

Ivashchenko, V. I.

2016-03-01

Rare-metal mineralization in Karelia is represented by V, Be, U deposits and In, Re, Nb, Ta, Li, Ce, La, and Y occurrences, which are combined into 17 types of magmatic, pegmatite, albitite-greisen, hydrothermal-metasomatic, sedimentary, and epigenetic groups. The main vanadium resources are localized in the Onega ore district. These are deposits of the Padma group (556 kt) and the Pudozhgorsky complex (1.5 Mt). The REE occurrences are primarily characterized by Ce-La specialization. The perspective of HREE is related to the Eletozero-Tiksheozero alkaline and Salmi anorthosite-rapakivi granite complexes. Rare-metal pegmatites bear complex mineralization with insignificant low-grade resources. The Lobash and Jalonvaara porphyry Cu-Mo deposits are potential sources of rhenium: Re contents in molybdenite are 20-70 and 50-246 ppm and hypothetical resources are 12 and 7.5 t, respectively. The high-grade (˜100 ppm) and metallogenic potential of indium (˜2400 t) make the deposits of the Pitkäranta ore district leading in the category of Russian ore objects most prospective for indium. Despite the diverse rare-metal mineralization known in Karelia, the current state of this kind of mineral commodities at the world market leaves real metallogenic perspective only for V, U, Re, In, and Nb.

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.

77 FR 25319 - Commodity Options

Science.gov (United States)

2012-04-27

..., merchants, SDs, commodity funds, futures industry organizations, academics and think tanks, a U.S... particular (i.e., optionality in a contract settling by physical delivery that is used to meet varying demand...

Registry of Mineral and Petroleum Titles

Energy Technology Data Exchange (ETDEWEB)

Maclellan, I. M.; Kaizer, J. L.; McCulloch, P. D.; Ratcliffe, R.; Wenning, A. S. [Nova Scotia Dept. of Natural Resources, Halifax, NS (Canada)

2000-07-01

Activities of the Nova Scotia Registry of Mineral and Petroleum Titles are described, including statistical information about staking and mining activity in the province during 1999. In terms of activities, the Registry receives applications and issues licenses and leases for mineral and petroleum rights, receives statements of exploration expenditures and assessment reports that pertain to renewal of licenses and leases, maintains maps showing the disposition of lands under license or lease, and maintains a system of prospector registration. In addition, the Registry processes applications for underground gas storage rights and treasure trove rights and maintains a database of information concerning production and employment in Nova Scotia mines and quarries. At the end 1999 there were 230,660 hectares under exploration licence. Exploration expenditures, including engineering, economic and feasibility studies during 1999 totalled $4.2 million, mostly by junior mining companies searching for industrial mineral commodities. Mining activity during 1999 generated revenues of $340 million. Coal production dropped by 25 per cent, due mainly to the closure of the Phalen Mine. Gypsum production was up to 7.9 million tonnes; shipments of cement, barite and clay products also increased during 1999; salt production remained unchanged from 1998 with 842,000 tonnes. Production of construction aggregates totalled 10.6 million tonnes, down slightly from the year before. Mineral industry employment was roughly 2,500 persons, down by 24 per cent from 1998 levels, due primarily to the closure of the Phalen Mine.

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.

Commodity Systems Assessment Methodology of Postharvest Losses in Vegetable Amaranths: The Case of Tamale, Ghana

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Mildred Osei-Kwarteng

2017-01-01

Full Text Available A semistructured questionnaire based on the commodity system assessment methodology (CSAM was used to determine postharvest losses in vegetable amaranths (VA. Fifty producers and retailers were randomly selected from five and four major VA producing areas and markets, respectively, and interviewed. Data obtained were subjected to descriptive statistical analyses. The survey revealed that absence of laws, regulation, incentives, and inadequate technical information affected the production of VA. The utmost preproduction challenge was poor quality seeds with poor seed yield (35%, low viability (19%, and nontrueness (46%. It was noted that some cultural practices including planting pattern and density, irrigation, and fertiliser use had effects on postharvest losses. Some postharvest practices used were cleaning with water, trimming, sorting, and grading. Usually the produce was transported to marketing centers by cars and motor cycle trailers. Generally poor temperature management after harvest was a big challenge for the postharvest handling of VA. The potential of vegetable amaranths as a commodity in the study area can be enhanced by providing the necessary institutional support, incentives, and use of good management practices along the value chain. An interdisciplinary approach and quantification of losses along the chain are recommended for any future study.

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.

Quantitative Measures of Mineral Supply Risk

Science.gov (United States)

Long, K. R.

2009-12-01

Almost all metals and many non-metallic minerals are traded internationally. An advantage of global mineral markets is that minerals can be obtained from the globally lowest-cost source. For example, one rare-earth element (REE) mine in China, Bayan Obo, is able to supply most of world demand for rare earth elements at a cost significantly less than its main competitors. Concentration of global supplies at a single mine raises significant political risks, illustrated by China’s recent decision to prohibit the export of some REEs and severely limit the export of others. The expected loss of REE supplies will have a significant impact on the cost and production of important national defense technologies and on alternative energy programs. Hybrid vehicles and wind-turbine generators, for example, require REEs for magnets and batteries. Compact fluorescent light bulbs use REE-based phosphors. These recent events raise the general issue of how to measure the degree of supply risk for internationally sourced minerals. Two factors, concentration of supply and political risk, must first be addressed. Concentration of supply can be measured with standard economic tools for measuring industry concentration, using countries rather than firms as the unit of analysis. There are many measures of political risk available. That of the OECD is a measure of a country’s commitment to rule-of-law and enforcement of contracts, as well as political stability. Combining these measures provides a comparative view of mineral supply risk across commodities and identifies several minerals other than REEs that could suddenly become less available. Combined with an assessment of the impact of a reduction in supply, decision makers can use these measures to prioritize risk reduction efforts.

Marketing patterns of agricultural commodities in an upland area of Central Java

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Caroline M. van Ommeren

2013-07-01

Full Text Available In the uplands of Central Java a wide variety of dry cultivated crops are produced for subsistence as well as for cash. The marketing channels for these crops are also diverse. The producers can choose between selling at the market place or at their farms; either to consumers or traders; or they can sell their products to wholesalers in the towns. However, this freedom of choice is not absolute and is determined by the quantity of the merchandise. Farmers/who can sell large amounts of produce are able to bypass some steps in the hierarchical order of market places or traders. Thus, producers with relatively large farmlands can sell their commodities in more profitable ways compared to those with /smaller farms. Moreover, the latter are often forced to sell their produce below market value to traders who provided them with advance or who bought the crop before harvest (tebasan, because of their need for cash

Minerals Yearbook, volume III, Area Reports—International—Africa and the Middle East

Science.gov (United States)

,

2018-01-01

The U.S. Geological Survey (USGS) Minerals Yearbook discusses the performance of the worldwide minerals and materials industries and provides background information to assist in interpreting that performance. Content of the individual Minerals Yearbook volumes follows:Volume I, Metals and Minerals, contains chapters about virtually all metallic and industrial mineral commodities important to the U.S. economy. Chapters on survey methods, summary statistics for domestic nonfuel minerals, and trends in mining and quarrying in the metals and industrial mineral industries in the United States are also included.Volume II, Area Reports: Domestic, contains a chapter on the mineral industry of each of the 50 States and Puerto Rico and the Administered Islands. This volume also has chapters on survey methods and summary statistics of domestic nonfuel minerals.Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region’s mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country’s mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country’s mineral industry, and an outlook section.The USGS continually strives to improve the value of its publications to users. Constructive comments and suggestions by readers of the Minerals Yearbook are welcomed.

Minerals

Directory of Open Access Journals (Sweden)

Vaquero, M. P.

1998-08-01

Full Text Available The possible changes in the mineral composition of food during frying could be the consequence of losses by leaching, or changes in concentrations caused by exchanges between the food and culinary fat of other compounds. The net result depends on the type of food, the frying fat used and the frying process. Moreover, the modifications that frying produces in other nutrients could indirectly affect the availability of dietary minerals. The most outstanding ones are those that can take place in the fat or in the protein. With respect to the interactions between frying oils and minerals, we have recent knowledge concerning the effects of consuming vegetable oils used in repeated fryings of potatoes without turnover, on the nutritive utilization of dietary minerals. The experiments have been carried out in pregnant and growing rats, which consumed diets containing, as a sole source of fat, the testing frying oils or unused oils. It seems that the consumption of various frying oils, with a polar compound content lower or close to the maximum limit of 25% accepted for human consumption, does not alter the absorption and metabolism of calcium, phosphorous, iron or copper. Magnesium absorption from diets containing frying oils tends to increase but the urinary excretion of this element increases, resulting imperceptible the variations in the magnesium balance. The urinary excretion of Zn also increased although its balance remained unchanged. Different studies referring to the effects of consuming fried fatty fish on mineral bioavailability will also be presented. On one hand, frying can cause structural changes in fish protein, which are associated with an increase in iron absorption and a decrease in body zinc retention. The nutritive utilization of other elements such as magnesium, calcium and copper seems to be unaffected. On the other hand; it has been described that an excess of fish fatty acids in the diet produces iron depletion, but when fatty

7 CFR 1599.9 - Damage to or loss of commodities.

Science.gov (United States)

2010-01-01

..., DEPARTMENT OF AGRICULTURE McGOVERN-DOLE INTERNATIONAL FOOD FOR EDUCATION AND CHILD NUTRITION PROGRAM § 1599.9... commodities, the participant shall arrange for the recovery of that portion of the donated commodities...

Biologically controlled minerals as potential indicators of life

Science.gov (United States)

Schwartz, D. E.; Mancinelli, R. L.; Kaneshiro, E.

1991-01-01

Minerals can be produced and deposited either by abiotic or biologic means. Regardless of their origin, mineral crystals reflect the environment conditions (e.g., temperature, pressure, chemical composition, and redox potential) present during crystal formation. Biologically-produced mineral crystals are grown or reworked under the control of their host organism and reflect an environment different from the abiotic environment. In addition, minerals of either biologic or abiotic origin have great longevities. For these reasons, biologically produced minerals have been proposed as biomarkers. Biomarkers are key morphological, chemical, and isotopic signatures of living systems that can be used to determine if life processes have occurred. Studies of biologically controlled minerals produced by the protist, Paramecium tetraurelia, were initiated since techniques have already been developed to culture them and isolate their crystalline material, and methods are already in place to analyze this material. Two direct crystalline phases were identified. One phase, whose chemical composition is high in Mg, was identified as struvite. The second phase, whose chemical composition is high in Ca, has not been previously found occurring naturally and may be considered a newly discovered material. Analyses are underway to determine the characteristics of these minerals in order to compare them with characteristics of these minerals in order to compare them with characteristics of minerals formed abiotically, but with the same chemical composition.

Forging a nation. A celebration of Australia's mineral and energy sector

Energy Technology Data Exchange (ETDEWEB)

NONE

2002-03-01

More than 150 years since Australia's first gold strike and over 200 years since coal mining first began, this publication showcases the vital importance of this industry to Australia. It looks at key issues facing the sector such as energy market reform and sustainability and analyses key commodities such as oil and gas, coal, iron ore, gold, gemstones along newly emerging materials such as mineral sands and magnesium.

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

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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.

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.

Is women's labor a commodity?

Science.gov (United States)

Anderson, Elizabeth S

1990-01-01

...A commercial surrogate mother is anyone who is paid money to bear a child for other people and terminate her parental rights, so that the others may raise the child as exclusively their own. The growth of commercial surrogacy has raised with new urgency a class of concerns regarding the proper scope of the market. Some critics have objected to commercial surrogacy on the ground that it improperly treats children and women's reproductive capacities as commodities. The prospect of reducing children to consumer durables and women to baby factories surely inspires revulsion. But are there good reasons behind the revulsion? And is this an accurate description of what commercial surrogacy implies? This article offers a theory about what things are properly regarded as commodities which supports the claim that commercial surrogacy constitutes an unconscionable commodification of children and of women's reproductive capacities.

Study on mineral processing technology for abrasive minerals

Energy Technology Data Exchange (ETDEWEB)

Hong, Seong Woong; Yang, Jung Il; Hwang, Seon Kook; Choi, Yeon Ho; Cho, Ken Joon; Shin, Hee Young [Korea Inst. of Geology Mining and Materials, Taejon (Korea, Republic of)

1995-12-01

Buyeo Materials in Buyeogun, Choongnam province is a company producing feldspar concentrate, but does not yet utilize the garnet as abrasive material and other useful heavy minerals wasted out from the process of feldspar ore. The purpose of this study is to develop technology and process for the recovery of garnet concentrate. As results, the garnet is defined as ferro manganese garnet. The optimum process for recovery of garnet concentrate is to primarily concentrate heavy minerals from tailings of feldspar processing. And secondly the heavy minerals concentrated is dried and separated garnet concentrate from other heavy minerals. At this time, the garnet concentrate is yield by 0.176%wt from 0.31%wt of heavy minerals in head ore. The garnet concentrate contains 33.35% SiO{sub 2}, 12.20% Al{sub 2}O{sub 3}, 28.47% Fe{sub 2}O{sub 3}, 11.96% MnO. As for utilization of abrasive materials, a fundamental data was established on technology of grinding and classification. (author). 13 refs., 47 figs., 24 tabs.

Calderas and mineralization: volcanic geology and mineralization in the Chianti caldera complex, Trans-Pecos Texas

Energy Technology Data Exchange (ETDEWEB)

Duex, T.W.; Henry, C.D.

1981-01-01

This report describes preliminary results of an ongoing study of the volcanic stratigraphy, caldera activity, and known and potential mineralization of the Chinati Mountains area of Trans-Pecos Texas. Many ore deposits are spatially associated with calderas and other volcanic centers. A genetic relationship between calderas and base and precious metal mineralization has been proposed by some and denied by others. Steven and others have demonstrated that calderas provide an important setting for mineralization in the San Juan volcanic field of Colorado. Mineralization is not found in all calderas but is apparently restricted to calderas that had complex, postsubsidence igneous activity. A comparison of volcanic setting, volcanic history, caldera evolution, and evidence of mineralization in Trans-Pecos to those of the San Juan volcanic field, a major mineral producer, indicates that Trans-Pecos Texas also could be an important mineralized region. The Chianti caldera complex in Trans-Pecos Texas contains at least two calderas that have had considerable postsubsidence activity and that display large areas of hydrothermal alteration and mineralization. Abundant prospects in Trans-Pecos and numerous producing mines immediately south of the Trans-Pecos volcanic field in Mexico are additional evidence that ore-grade deposits could occur in Texas.

Indústria mineral

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Iran F. Machado

1998-08-01

Full Text Available A INDÚSTRIA mineral brasileira é analisada, de modo sucinto, face aos desafios impostos pela globalização contemporânea. As mudanças profundas ocorridas no contexto internacional na última década, abrangendo as esferas política, econômica, social e institucional, exigem uma reflexão aprofundada sobre o papel a ser desempenhado pelo Brasil no comércio internacional de bens minerais. De um lado, as oportunidades de aproveitamento de jazidas de classe internacional, principalmente na Amazônia, são bastante promissoras. Por outro, não se deve ignorar que: a explotação dessas reservas terá de obedecer a critérios de sustentabilidade, seguindo paradigmas já adotados em países desenvolvidos; o Brasil terá de garantir a sua competitividade diante dos seus principais concorrentes (Austrália, CEI, China e Índia. A questão dos minerais estratégicos é também abordada, com ênfase nas preocupações demonstradas pelo Departamento de Estado dos EUA. Finalmente, são alinhados três cenários possíveis para o desempenho futuro da mineração brasileira, instando-se o governo a dedicar maior atenção ao destino do nosso subsolo.THE MINERAL industry of Brazil is briefly analysed vis-à-vis the challenges imposed by the cruenta globalization process. The profound changes that occurred in the international framework during the last decade, encompassing the political, economic, social, and institutional structures, demand a thorough appraisal about the role to be played by Brazil in the international market of mineral commodities. On one hand, the opportunities open for world class deposits, mainly in the Amazon, are very promising. On the other hand, it is mandatory to take into account that: the exploitation of these reserves shall comply with sound sustainability criteria, following guidelines already adopted by some developed countries; Brazil will have to demonstrate its competitiveness among the major competitors (Australia

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

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

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

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.

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

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

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

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

Plasmid-mediated mineralization of 4-chlorobiphenyl

International Nuclear Information System (INIS)

Shields, M.S.; Hooper, S.W.; Sayler, G.S.

1985-01-01

Strains of Alcaligenes and Acinetobacter spp. were isolated from a mixed culture already proven to be proficient at complete mineralization of monohalogenated biphenyls. These strains were shown to harbor a 35 x 10(6)-dalton plasmid mediating a complete pathway for 4-chlorobiphenyl (4CB) oxidation. Subsequent plasmid curing of these bacteria resulted in the abolishment of the 4CB mineralization phenotype and loss of even early 4CB metabolism by Acinetobacter spp. Reestablishment of the Alcaligenes plasmid, denoted pSS50, in the cured Acinetobacter spp. via filter surface mating resulted in the restoration of 4CB mineralization abilities. 4CB mineralization, however, proved to be an unstable characteristic in some subcultured strains. Such loss was not found to coincide with any detectable alteration in plasmid size. Cultures capable of complete mineralization, as well as those limited to partial metabolism of 4CB, produced 4-chlorobenzoate as a metabolite. Demonstration of mineralization of a purified 14 C-labeled chlorobenzoate showed it to be a true intermediate in 4CB mineralization. Unlike the mineralization capability, the ability to produce a metabolite has proven to be stable on subculture. These results indicate the occurrence of a novel plasmid, or evolved catabolic plasmid, that mediates the complete mineralization of 4CB

Preliminary Assessment of Non-Fuel Mineral Resources of Afghanistan, 2007

Science.gov (United States)

,

2007-01-01

Introduction Afghanistan has abundant mineral resources, including known deposits of copper, iron, barite, sulfur, talc, chromium, magnesium, salt, mica, marble, rubies, emeralds, lapis lazuli, asbestos, nickel, mercury, gold and silver, lead, zinc, fluorspar, bauxite, beryllium, and lithium (fig. 1). Between 2005 and 2007, the U.S. Agency for International Development (USAID) funded a cooperative study by the U.S. Geological Survey (USGS) and the Afghanistan Geological Survey (AGS) to assess the non-fuel mineral resources of Afghanistan as part of the effort to aid in the reconstruction of that country. An assessment is an estimation or evaluation, in this instance of undiscovered non-fuel mineral resources. Mineral resources are materials that are in such form that economic extraction of a commodity is currently or potentially feasible. In this assessment, teams of scientists from the USGS and the AGS compiled information about known mineral deposits and then evaluated the possible occurrence of undiscovered deposits of all types. Quantitative probabilistic estimates were made for undiscovered deposits of copper, mercury, rare-earth elements, sulfur, chromite, asbestos, potash, graphite, and sand and gravel. These estimates were made for undiscovered deposits at depths less than a kilometer. Other deposit types were considered and discussed in the assessment, but quantitative estimates of numbers of undiscovered deposits were not made. In addition, the assessment resulted in the delineation of 20 mineralized areas for further study, of which several may contain resources amenable to rapid development.

From creation to consumption: objects and commodities

Directory of Open Access Journals (Sweden)

Angélica Bautista López

2008-11-01

Full Text Available Objects, persons and ideas are all merely merchandise in a world that is highly industrialised and utterly superficial. Consumer societies produce a profusion of merchandise. In strictly economic terms, merchandise is whatever has an exchange-value, in  a world where objects are valued for their utility. So goods are whatever is useful, where use can be measured in monetary terms. This perspective impoverishes social relations. People relate only insofar as their value dictates, and that value is merely utilitarian. Moreover, this commercialisation reaches up to impoverish society as a whole. All this is the result of a long process of objectification which, seeing the world as the exchange of goods, ends up treating people just like any other tradable commodity. This article takes a critical look at the processes involved, and proposes an explanation in terms of the social construction of 'utility''.

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.

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 ...

A Study on Market Efficiency of Selected Commodity Derivatives Traded on NCDEX During 2011

Science.gov (United States)

Sajipriya, N.

2012-10-01

The study aims at testing the weak form of Efficient Market Hypothesis in the context of an emerging commodity market - National Commodity Derivatives Exchange (NCDEX), which is considered as the prime commodity derivatives market in India. The study considered daily spot and futures prices of five selected commodities traded on NCDEX over 12 month period (the futures contracts originating and expiring during the period January 2011 to December 2011) The five commodities chosen are Pepper, Crude palm Oil, steel silver and Chana as they account for almost two-thirds of the value of agricultural commodity derivatives traded on NCDEX. The results of Run test indicate that both spot and futures prices are weak form efficient

Mineral sands

International Nuclear Information System (INIS)

Anon.

1990-01-01

This paper presents an outlook of the Australian mineral sand industry and covers the major operators. It is shown that conscious of an environmentally minded public, the Australian miners have led the way in the rehabilitation of mined areas. Moreover the advanced ceramic industry is generating exciting new perspectives for zircon producers and there is a noticeable growth in the electronic market for rare earths, but in long term the success may depend as much on environmental management and communication skills as on mining and processing skills

Determination of the Lead, Cadmium, and Chromium Concentration in Mineral Feeds and Supplements for Cattle Produced in the Mato Grosso State, Brazil.

Science.gov (United States)

Sigarini, Keyla Dos Santos; de Oliveira, Adriana Paiva; Martins, Daiane Lima; Brasil, Alexandre Silva; de Oliveira, Kamila Cristina; Villa, Ricardo Dalla

2017-05-01

This work aimed to determine the concentration of lead (Pb), cadmium (Cd), and chromium (Cr) in mineral feeds and supplements for cattle produced in the Mato Grosso State, Brazil. Three different lots of nine mineral supplements and eleven mineral feeds were collected, and the samples were prepared by wet decomposition and quantified by flame atomic absorption spectrometry. The limits of detection and quantification ranged from 0.18 to 0.64 mg kg -1 and 0.54 to 1.94 mg kg -1 , respectively. Cr concentrations varied from lower than the LQI to 11.9 mg kg -1 , and all samples presented values below the maximum recommended by the National Research Council (NRC) and European Union (EU). Cd concentrations varied from lower than the LQI to 6.1 mg kg -1 , and 100 % of the mineral supplements and 60 % of the mineral feed showed Cd concentrations above the recommended by the EU (1.0 mg kg -1 ). Pb concentrations ranged from lower than the LQI to 33.1 mg kg -1 , and 100 % of the mineral supplements and 90 % of the mineral feed showed Pb concentrations above the recommended by the EU (5.0 mg kg -1 ). All samples presented values below the maximum recommended by the NRC for Cd and Pb (10 and 100 mg kg -1 , respectively). A large scatter of results was observed in the different samples for the three elements analyzed. This can be attributed to inhomogeneous impurity levels between batches of phosphate rocks used in the mineral feeds and supplements. A strict control of such mineral feeds and supplements should be implemented.

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.

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.

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)

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

Sorting out commodity and macroeconomic risk in expected stock returns

NARCIS (Netherlands)

Boons, M.F.

2014-01-01

The dissertation consists of three essays in asset pricing. Chapter I is motivated by the recent surge in institutional investment in commodity futures markets. The chapter studies how commodity risk is priced in stock and futures markets and asks whether this risk premium is time-varying with these

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

The Secret, Cultural Property and the Construction of the Spiritual Commodity

Directory of Open Access Journals (Sweden)

Guy Redden

2012-09-01

Full Text Available A randomised survey in Texas found that 22 per cent of the public identified themselves as consumers of New Age media. Despite widespread recognition of the ‘spiritual supermarket’ there has been little sustained analysis of the production of spiritual commodities and related issues of cultural property. This article presents a case study of the bestselling spiritual self-help book and DVD The Secret, which features various teachers and sacred wisdom traditions seen to hold the key to the meaning of life—but which has also been the subject of copyright disputes. Through this example the article examines ways informational commodities are produced by transforming freely available spiritual traditions into intellectual property for a contemporary market in self-help products. Two related tensions raised by this reconstruction are explored. The first is between cooperation and competition in the liberal New Age milieu where entrepreneurs present marginally differentiated goods and services side-by-side. In contrast with exclusionary organisation of religious doctrine, freedom to adapt the lingua franca of holistic spirituality allows for coefficiency among providers, but also new forms of ownership distinction, as exemplified by The Secret. The second tension is between these private property relations and the corporate cultural property of the custodians of knowledge traditions that are commodified. The Secret, as with much New Age syncretism and multiculturalism, depends upon particular processes of transvaluation that inscribe diversity as positive by rendering selected instantiations of it equivalent—in this case through universalising the therapeutic value of specific traditions have for modern life. Drawing in particular upon debates about New Age use of Indigenous Australian knowledges, the author questions how the reworking of wisdom into a commodity may bear upon the ethnocultural significance of sacred traditions and upon other

Freight on a Low-Carbon Diet: Accessibility, Freightsheds, and Commodities.

Science.gov (United States)

Taptich, Michael N; Horvath, Arpad

2015-10-06

The freight infrastructure network (e.g., roads, railways, waterways, etc.) is the backbone of nearly all trade partnerships in the United States and abroad. The manner in which the individual portions of its constituent parts are interrelated or arranged plays an important role for determining the environmental footprint of goods moved within the network. Herein, we compare the spatial distribution of potential consumer-producer exchanges (i.e., accessibility) under varying greenhouse gas (GHG) budgets or preferences for minimal transportation-related GHG emissions. We conduct case studies using two freight modes (truck and intermodal rail) for two representative commodities: meat/seafood and paper articles. Results across all counties in the United States indicate that the geographic area in which trade is possible, given a GHG budget, varies by transportation mode, location, and commodity. Our results suggest that intermodal terminal availability is an important determinant of low-GHG accessibility. Since only a fraction of road-to-rail terminals accommodate meat/seafood (4.9%) and paper (0.7%), the United States could increase its expected GHG savings associated with truck-to-rail mode-switching policies by 70% (+20 kg CO2,e/ton for meat/seafood) and 310% (+30 kg CO2,e/ton for paper) by upgrading current terminals to allow the exchange of all types of goods.

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

2002 commodity flow survey : state summaries

Science.gov (United States)

2005-07-01

This report summarizes the 2002 Commodity Flow Survey (CFS) : state reports released in March 2005 by the Bureau of Transportation : Statistics (BTS) of the Research and Innovative Technology Administration : of the USDOT and the Census Bureau of the...

Construction Method of Display Proposal for Commodities in Sales Promotion by Genetic Algorithm

Science.gov (United States)

Yumoto, Masaki

In a sales promotion task, wholesaler prepares and presents the display proposal for commodities in order to negotiate with retailer's buyers what commodities they should sell. For automating the sales promotion tasks, the proposal has to be constructed according to the target retailer's buyer. However, it is difficult to construct the proposal suitable for the target retail store because of too much combination of commodities. This paper proposes a construction method by Genetic algorithm (GA). The proposed method represents initial display proposals for commodities with genes, improve ones with the evaluation value by GA, and rearrange one with the highest evaluation value according to the classification of commodity. Through practical experiment, we can confirm that display proposal by the proposed method is similar with the one constructed by a wholesaler.

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.

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 ...

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

Estimating the Competitive Storage Model with Trending Commodity Prices

OpenAIRE

Gouel , Christophe; LEGRAND , Nicolas

2017-01-01

We present a method to estimate jointly the parameters of a standard commodity storage model and the parameters characterizing the trend in commodity prices. This procedure allows the influence of a possible trend to be removed without restricting the model specification, and allows model and trend selection based on statistical criteria. The trend is modeled deterministically using linear or cubic spline functions of time. The results show that storage models with trend are always preferred ...

The NIDS Cluster: Scalable, Stateful Network Intrusion Detection on Commodity Hardware

Energy Technology Data Exchange (ETDEWEB)

Tierney, Brian L; Vallentin, Matthias; Sommer, Robin; Lee, Jason; Leres, Craig; Paxson, Vern; Tierney, Brian

2007-09-19

In this work we present a NIDS cluster as a scalable solution for realizing high-performance, stateful network intrusion detection on commodity hardware. The design addresses three challenges: (i) distributing traffic evenly across an extensible set of analysis nodes in a fashion that minimizes the communication required for coordination, (ii) adapting the NIDS's operation to support coordinating its low-level analysis rather than just aggregating alerts; and (iii) validating that the cluster produces sound results. Prototypes of our NIDS cluster now operate at the Lawrence Berkeley National Laboratory and the University of California at Berkeley. In both environments the clusters greatly enhance the power of the network security monitoring.

Analysis of commodity prices with the particle filter

International Nuclear Information System (INIS)

Aiube, Fernando Antonio Lucena; Baidya, Tara Keshar Nanda; Tito, Edison Americo Huarsaya

2008-01-01

The behavior of commodities prices is fundamental to real-asset investment decisions, hedging, and pricing financial derivatives. Schwartz and Smith [Schwartz, E.S., Smith, J.E. (2000). Short term-variations and long-term dynamics in commodity prices. Management Science, 46, 893-911.] proposed a two-factor model for describing the stochastic processes of commodity prices, in which the two factors are short-term variations and equilibrium prices. These are both unobserved state variables that are estimated using the Kalman filter. The estimation is based on the observation of future prices for different maturities. The authors have carried out this process without incorporating jumps in the short-term variation of prices. Here we aim to demonstrate that the inclusion of jumps better explains the behavior of oil prices, and in fact creates difficulties in the estimation of state variables. This is because the variables become non-Gaussian so the Kalman filter is not recommended. Another methodology, called the particle filter, is more suitable in this case, and we describe its application in this article

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

EFFECTS OF THE APPLICATION OF A MINERAL-AND-ORGANIC FERTILISER PRODUCED FROM BROWN COAL ON THE OCCURRENCE AND INFECTIOUS POTENTIAL OF ENTOMOPATHOGENIC FUNGI IN SOIL

Directory of Open Access Journals (Sweden)

Anna Majchrowska-Safaryan

2017-05-01

Full Text Available This study compared the species composition and rate of entomopathogenic fungi occurrence in cultivable soil following the application of a mineral-and-organic fertiliser produced from brown coal. The material for testing consisted of soil samples collected in the second year of the experiment on two dates in 2015 (spring and autumn. The experiment was carried out on the following plots: control plot (no fertilisation; a plot fertilised with mineral fertilisers NPK presowing + N60 for top dressing; a plot fertilised with NPK presowing + manure; a plot fertilised with a fertiliser produced from brown coal at a dose of 1 t/ha NPK presowing + N20 for top dressing; and a plot fertilised with a fertiliser produced from brown coal at a dose of 5 t/ha NPK presowing + N40 for top dressing. Entomopathogenic fungi were isolated from soil of particular fertilisation experiment plots using insect traps (Galleria mellonella larvae as well as a selective medium. Three species of entomopathogenic fungi, i.e. Beauveria bassiana, Metarhizium anisopliae s.l. and Isaria fumosorosea, were isolated using two methods, from the soil samples collected from particular fertilisation experiment plots on two dates, i.e. spring and autumn. Fungus M. anisopliae s.l. proved to be the predominant species in the tested soil samples. The addition of the mineral-and-organic fertiliser, produced based on brown coal, to the soil at both applied doses contributed to an increase in the number of infectious units (CFUs of entomopathogenic fungi formed in relation to the control plot.

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.

Market interdependence among commodity prices based on information transmission on the Internet

Science.gov (United States)

Ji, Qiang; Guo, Jian-Feng

2015-05-01

Human behaviour on the Internet has become a synchro-projection of real society. In this paper, we introduce the public concern derived from query volumes on the Web to empirically analyse the influence of information on commodity markets (e.g., crude oil, heating oil, corn and gold) using multivariate GARCH models based on dynamic conditional correlations. The analysis found that the changes of public concern on the Internet can well depict the changes of market prices, as the former has significant Granger causality effects on market prices. The findings indicate that the information of external shocks to commodity markets could be transmitted quickly, and commodity markets easily absorb the public concern of the information-sensitive traders. Finally, the conditional correlation among commodity prices varies dramatically over time.

76 FR 37797 - Application to Export Electric Energy; Freepoint Commodities, LLC

Science.gov (United States)

2011-06-28

... DEPARTMENT OF ENERGY [OE Docket No. EA-380] Application to Export Electric Energy; Freepoint... application. SUMMARY: Freepoint Commodities, LLC has requested authority to transmit electric energy from the... Commodities requesting authority to transmit electric energy from the United States to Canada for ten years as...

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.

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.

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

Concentration of gold, sulphide minerals and uranium oxide minerals by flotation from ores and metallurgical plant products

International Nuclear Information System (INIS)

Weston, D.

1974-01-01

A process for the recovery by froth flotation of gold and mineral values selected from the group consisting of gold bearing minerals, platinum group minerals, silver group minerals, and uranium group minerals, from ores and metallurgical plant products containing at least gold and at least one of the other said minerals comprising: subjecting a suitably prepared pulp of the material to mechanical agitation in at least one agitation conditioning stage wherein the pH of the said pulp has been lowered with an acid agent to an optimum pH point within the pH range of about 1.5 to 5.0 and wherein the agitation conditioning is for a sufficient period of time to bring about heavy activation of at least one of the said mineral values in at least one subsequent mechanical agitation conditioning stage wherein the said pulp is further agitation conditioned for a sufficient period of time and at an optimum pH point in the pH range of about 6.0 to 11.0 in the presence of at least one collector selected from the group of sulfhydryl anionic collectors to produce the said heavy activation of at least gold and at least one of the other said mineral values; and subsequently in the presence of a frother subjecting and said agitation conditioned pulp to flotation to produce a concentrate enriched in gold and at least one of the othersaid mineral values, and a tailings product impoverished in at least gold and at least one of the other said mineral values

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 ...

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)

Domestic wash water reclamation for reuse as commode water supply using filtration: Reverse-osmosis separation technique

Science.gov (United States)

Hall, J. B., Jr.; Batten, C. E.; Wilkins, J. R.

1974-01-01

A combined filtration-reverse-osmosis water recovery system has been evaluated to determine its capability to reclaim domestic wash water for reuse as a commode water supply. The system produced water that met all chemical and physical requirements established by the U.S. Public Health Service for drinking water with the exception of carbon chloroform extractables, methylene blue active substances, and phenols. It is thought that this water is of sufficient quality to be reused as commode supply water. The feasibility of using a combined filtration and reverse-osmosis technique for reclaiming domestic wash water has been established. The use of such a technique for wash-water recovery will require a maintenance filter to remove solid materials including those less than 1 micron in size from the wash water. The reverse-osmosis module, if sufficiently protected from plugging, is an attractive low-energy technique for removing contaminants from domestic wash water.

Dynamics of a durable commodity market involving trade at disequilibrium

Science.gov (United States)

Panchuk, A.; Puu, T.

2018-05-01

The present work considers a simple model of a durable commodity market involving two agents who trade stocks of two different types. Stock commodities, in contrast to flow commodities, remain on the market from period to period and, consequently, there is neither unique demand function nor unique supply function exists. We also set up exact conditions for trade at disequilibrium, the issue being usually neglected, though a fact of reality. The induced iterative system has infinite number of fixed points and path dependent dynamics. We show that a typical orbit is either attracted to one of the fixed points or eventually sticks at a no-trade point. For the latter the stock distribution always remains the same while the price displays periodic or chaotic oscillations.

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.

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...

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.

Generation of an atlas for commodity chemical production in Escherichia coli and a novel pathway prediction algorithm, GEM-Path

DEFF Research Database (Denmark)

Campodonico, Miguel A.; Andrews, Barbara A.; Asenjo, Juan A.

2014-01-01

The production of 75% of the current drug molecules and 35% of all chemicals could be achieved through bioprocessing (Arundel and Sawava, 2009). To accelerate the transition from a petroleum based chemical industry to a sustainable bio-based industry, systems metabolic engineering has emerged...... to computationally design metabolic pathways for chemical production. Although algorithms able to provide specific metabolic interventions and heterologous production pathways are available, a systematic analysis for all possible production routes to commodity chemicals in Escherichia call is lacking. Furthermore...... could be identified for 1271 of the 6615 conditions evaluated. This study characterizes the potential for E coli to produce commodity chemicals, and outlines a generic strain design workflow to design production strains. (C) 2014 international Metabolic Engineering Society. Published by Elsevier Inc...

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...

[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.

Papaya Development Model As A Competitive Local Superior Commodity

Directory of Open Access Journals (Sweden)

Reny Sukmawani

2014-12-01

Full Text Available The aim of this research is to study the comparative advantage and papaya competitive and to design its development model by using the approach of local base agriculture development. This research uses survey method. The resulting research shows that papaya is a base commodity that has comparative advantage and competitive. The development papaya in the district of Sukabumi is quite good bases on eight superior creations. But in order to be the main sector in economic development and has a competition, the development of papaya must concern to its influence factors. In supporting papaya development as a competitive local superior commodity, it needs to be done some efforts are as follows: (1 increase a skillful worker; (2 improve business management; (3 increase papaya productivity by using technology and study papaya planted technology in specific local superior commodity; (4 develop the involvement of the business relation; (5 provide market information and information technology network; and (6 improve infrastructures.

Mineral catalysis of oil producing reactions in coal liquefaction

Energy Technology Data Exchange (ETDEWEB)

Shridharani, K.G.

1983-01-01

This work was concerned primarily with the development of a relatively inexpensive, readily available, high activity catalyst that can be used as a disposable catalyst in coal liquefaction processes. For a fair evaluation of the developmental mineral catalyst (presulfided iron oxide), it was necessary to determine at different stages of this work, whether catalyst inhibition, deactivation or activity was the limiting factor in coal liquefaction catalysis. First, different routes were explored to prepare a high hydrogenation activity, iron-based catalyst. Naphthalene hydrogenation was used as a model reaction to rate the hydrogenation activities of different additives. Presulfiding of iron oxide with H/sub 2/S, under controlled conditions, rendered the highest hydrogenation activity mineral catalyst, which had a hydrogenation activity even greater than that of commercial CoMo/Al/sub 2/O/sub 3/ catalyst sulfided with creosote oil and hydrogen. Sulfiding of CoMo/Al/sub 2/O/sub 3/ catalyst with H/sub 2/S remarkably improved its initial hydrogenation activity. Second, the catalyst inhibition and deactivation during liquefaction were studied. Liquefaction-process solvents contain a number of compounds that can either deactivate or inhibit the hydrogenation activity of a catalyst. Finally, the hydrocracking activity of the presulfided iron oxide catalyst was compared with that of commercial catalysts, CoMo/Al/sub 2/O/sub 3/ and low alumina FCC catalyst.

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

Implications of commodity price risk and operating leverage on petroleum project economic evaluations

International Nuclear Information System (INIS)

Salahor, G.; Laughton, D.G.

1999-01-01

The modern asset pricing method, MAP, can provide businesses with improved tools for economic analysis. This in turn leads to greater precision in the analysis of the effects of the following parameters: project structure, time, and uncertainty. This greater precision with MAP extends to analysis of the possibility for active control of the decision alternatives for managers in the petroleum business, especially where this possibility is not questioned. A methodology is developed as a model that quantifies revenue risk based on the nature of commodity price volatility and the accepted price of risk in the commodity market. A mathematical description is included of a natural gas log-normal distribution incorporating the annual volatility in the forecast, and a measure of the rate at which volatility decreases in the long run in the forecast. Give this volatility model, a risk discount factor is determinable and applicable to the current expectation of the commodity prices at a given time, and a discount time factor of all parts of the cash flow stream. Cases are used to evaluate a natural gas development project for the purpose of yielding scenarios for capital vs. operating cost trade-offs, price risk management, production profile, and the effect of the reverting vs. non-reverting price model. In application one, a comparison is made of discounted cash flow (DCF) to MAP evaluations giving a perspective on the various development choices which a producer has through third-party service providers. Further, an example is used to compare the two methods as alternative evaluations of development alternatives to speed up or slow down the production rate and decline profile of a gas field. As in the first example, the DCF discounting is higher than the net discounting in the MAP evaluation. But in this example both methods produce the same project structure decision. The small amount of incremental capital and operating costs needed for the higher production case are

Minerals in deserts

International Nuclear Information System (INIS)

Smith, G.I.

1982-01-01

Almost any kind of mineral deposit can occur in desert areas, and the lack of vegetation and soil cover makes finding them easier. Some kinds of deposits, though, are more likely to occur in deserts than elsewhere. Some of these result from processes genetically related to the present desert climate that improved lower grade deposits of ore. One such process, termed secondary enrichment, is most effective in areas with deep water tables, and many low-grade copper, silver, and uranium deposits have been converted into mineable ore by the downward migration and redeposition of soluble metals. In a desert terrane, placer processes are effective whenever running water flowing over steep slopes erodes outcropping ore bodies and transports and concentrates the heavier ore minerals at lower levels, thus converting low-grade or hard-to-mine bedrock deposits into economically workable concentrations. Other kinds of deposits are better preserved in deserts because the lower rainfall at the surface, and the lower volume of flow and the greater depths to groundwater, result in less destruction of soluble ores; deposits of salines and phosphates are the most notable ores affected by these factors. Still other ore deposits are created as a consequence of the arid climate, mostly because the high evaporation rates operating on standing bodies of water produce brines that can lead directly to concentrations of salts and indirectly to secondary minerals, such as zeolites, that are produced by reaction of silicate minerals with saline waters

The Australian mineral resources industry in 2006 - ongoing business and new challenges

Energy Technology Data Exchange (ETDEWEB)

Leschhorn, F.

2006-08-15

Australia has the potential to remain as a stable long-term supplier of important minerals for the entire world (Table 1). The national income of Australia is direct related to the exports of minerals and it is no wonder that the annual poker-style price negotiations for iron ore and coking coal have become the most important events on the Australian economic calendar. The 2005 price increases for the two biggest export commodities, iron ore and coal, alone have contributed to a 2% rise of the national income. The total value of exported minerals will be 91.8 bn AS in 2006/2007. This boom was mainly driven by the surge of demand from China. In addition to iron ore and coal there are also gold, copper, nickel, bauxite, and many more metals which are creating headlines. Diamond and recently uranium mining have become hot topics. Besides the big players there are hundreds of small exploration and mining companies especially in the gold and base metal sector. Australia's rich resources, social stability and economic strengths have shaped a unique investment environment which continues to attract investors from around the world. The following will give you an overview on Australia's supply potential for the most important minerals. (orig.)

Too Human versus the enthusiast press: Video game journalists as mediators of commodity value

Directory of Open Access Journals (Sweden)

Rebecca Carlson

2009-03-01

Full Text Available This article examines the role of mediators in the production of commodity value, arguing that there is a rise in a kind of immaterial labor, shaped by contemporary conditions of late capitalism, that functions explicitly as a mediating force. In this example, video game journalists are understood as actively engaged in producing and negotiating the value and meaning of video games for both producers and consumers. By specifically examining a moment of value contestation, a podcast debate between a journalist and a game developer, this article traces the mediating practices of the enthusiast gaming press and examines the way their history with and relationship to the video game industry continue to structure their ability to filter knowledge and shape desires.

Reagan issues mineral policy

Science.gov (United States)

The National Materials and Minerals Program plan and report that President Reagan sent to Congress on April 5 aims to ‘decrease America's minerals vulnerability’ while reducing future dependence on potentially unstable foreign sources of minerals. These goals would be accomplished by taking inventory of federal lands to determine mineral potential; by meeting the stockpile goals set by the Strategic and Critical Material Stockpiling Act; and by establishing a business and political climate that would encourage private-sector research and development on minerals.Now that the Administration has issued its plan, the Subcommittee on Mines and Mining of the House Committee on Interior and Insular Affairs will consider the National Minerals Security Act (NMSA), which was introduced 1 year ago by subcommittee chairman Jim Santini (D-Nev.) [Eos, May 19, 1981, p. 497]. The bill calls for establishing a three-member White-House-level council to coordinate the development of a national minerals policy; amending tax laws to assist the mining industry to make capital investments to locate and produce strategic materials; and creating a revolving fund for the sale and purchase of strategic minerals. In addition, the NMSA bill would allow the secretary of the interior to make previously withdrawn public lands available for mineral development. The subcommittee will hold a hearing on the Administration's plan on May 11. Interior Secretary James Watt has been invited to testify.

Minerals industry survey 1987

Energy Technology Data Exchange (ETDEWEB)

1987-01-01

This is the eleventh Minerals Industry Survey produced by the Australian Mining Industry Council. It represents an invaluable time series on the minerals industry's financial performance, as well as an up to date description of the industry for the latest financial year. The survey has been conceived as a supplement to and expansion of the various Australian Bureau of Statistics and Bureau of Mineral Resources, Geology and Geophysics publications which describe the exploration, mining and smelting and refining industries in Australia. The tables in this survey have been prepared by Coopers and Lybrand, Chartered Accountants, based on information supplied to them in confidence by the respondent companies.

A strong argument for using non-commodities to generate electricity

International Nuclear Information System (INIS)

Santiago, Katarina Tatiana Marques; Campello de Souza, Fernando Menezes; Carvalho Bezerra, Diogo de

2014-01-01

An optimal control approach towards generating electricity is used to analyze the trade-off between using of primary sources which are regarded as commodities, such as fossil fuels, biomass and water to generate electricity, and exploiting these sources for their other economic uses (for example, in the petrochemical industry, in the production of fuels, in agriculture, in steelmaking, and so forth). In order to do so, a dynamic model is presented which establishes relationships between economic growth, the fossil fuel, water and biomass sectors, and energy policies, based on the application of the Pontryagin Maximum Principle. Among other results, the analysis establishes that, under the optimal path, the price of commodities for non-energy uses should be twice the price of the energy assets. This indicates that sources which are not commodities such as solar energy, wind energy, and geothermal energy, should be used to generate electricity. - Highlights: • We used an optimal control approach to analyze the trade-off between the multiple uses of energy resource. • We used a dynamic model which establishes relationships between economic growth, the fossil fuel, water and biomass sectors. • The analysis establishes that the price of commodities for non-energy uses should be twice the price of the energy assets

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

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...

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

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

Minerals sustainability, emerging economies, the developing world and the ‘truth’ behind the rhetoric

Directory of Open Access Journals (Sweden)

Petterson, Michael G.

2008-06-01

Full Text Available This paper reviews the principles and applications of sustainable development as applied to minerals (sustainable minerals. The key pillars of sustainable minerals are well known and include economic, community, environmental, and political considerations. The ideal solution is one that finds a balance between community benefit, economic development, profit, and minimal negative environmental and political impacts. This is, of course, fine in theory but in the ‘real world’ difficult to achieve. From a geoscience perspective this paper argues that non-private sector geoscientists have a crucial role to play in developing the sustainable minerals paradigm to an intellectually mature and usable form. The geoscience approach includes re-interpreting the rich legacy of geoscience data and acquisition of new data (geological mapping, 3 and 4D modelling, geophysical and geo­chemical information and contextualizing this information with socio-economic and environmental data (e.g. ethnicity, social mix, wealth indicators, environmental sensitivity indicators to assist with strategic and localized decision-making, maximizing benefits, and minimizing adverse impacts. This approach also involves modelling the full lifecycle of minerals, mines, mineral commodities, and mineral-bearing land in an attempt to quantify benefits and disbenefits of mineral extraction. One crucial key element of a sustainable minerals approach is a mix between ‘hard’ science and social science and genuine inclusion and consultation with stakeholders, especially impacted communities. As geoscientists we are in a position to explain clearly the benefits of mineral development to society and the disbenefits of ‘nimbyism’ (e.g. exporting problems to countries less able to manage mineral extraction and promote a ‘custodianship’ ethos of mineral development that is the only way to realizing the key principle of sustainability, i.e. leaving the planet in a state that our

Balancing detail and scale in assessing transparency to improve the governance of agricultural commodity supply chains

Science.gov (United States)

Godar, Javier; Suavet, Clément; Gardner, Toby A.; Dawkins, Elena; Meyfroidt, Patrick

2016-03-01

To date, assessments of the sustainability of agricultural commodity supply chains have largely relied on some combination of macro-scale footprint accounts, detailed life-cycle analyses and fine-scale traceability systems. Yet these approaches are limited in their ability to support the sustainability governance of agricultural supply chains, whether because they are intended for coarser-grained analyses, do not identify individual actors, or are too costly to be implemented in a consistent manner for an entire region of production. Here we illustrate some of the advantages of a complementary middle-ground approach that balances detail and scale of supply chain transparency information by combining consistent country-wide data on commodity production at the sub-national (e.g. municipal) level with per shipment customs data to describe trade flows of a given commodity covering all companies and production regions within that country. This approach can support supply chain governance in two key ways. First, enhanced spatial resolution of the production regions that connect to individual supply chains allows for a more accurate consideration of geographic variability in measures of risk and performance that are associated with different production practices. Second, identification of key actors that operate within a specific supply chain, including producers, traders, shippers and consumers can help discriminate coalitions of actors that have shared stake in a particular region, and that together are capable of delivering more cost-effective and coordinated interventions. We illustrate the potential of this approach with examples from Brazil, Indonesia and Colombia. We discuss how transparency information can deepen understanding of the environmental and social impacts of commodity production systems, how benefits are distributed among actors, and some of the trade-offs involved in efforts to improve supply chain sustainability. We then discuss the challenges and

The normal mycoflora of commodities from Thailand. 2. Beans, rice, small grains and other commodities.

Science.gov (United States)

Pitt, J I; Hocking, A D; Bhudhasamai, K; Miscamble, B F; Wheeler, K A; Tanboon-Ek, P

1994-09-01

Part of a comprehensive study of fungi occurring in commodities in Thailand, this paper reports results from 276 samples of mung beans, rice, sorghum and soybeans as well as other minor crops. Samples for major commodities were taken from farmers' stocks, middlemen and retail outlets, while those for minor crops were mostly from retail. Each sample was divided into two portions, one being examined in Bangkok and the second at North Ryde. Mycological examinations were carried out by direct plating after surface disinfection in chlorine. Media used were dichloran rose bengal chloramphenicol agar, dichloran 18% glycerol agar, Aspergillus flavus and parasiticus agar and dichloran chloramphenicol peptone agar. Fungi were identified to species level and percentage infection of samples calculated. The dominant fungus found in mung beans was Fusarium semitectum, which was present in 40% of samples and at a high level (18% of all seeds) overall. Aspergillus flavus was also found in 40% of samples, but only in 2% of seeds overall. Lasiodiplodia theobromae was the only other fungus exceeding 1% total infection. The major fungi found in soybeans were A. flavus (67% of samples; 6% overall) and Cladosporium cladosporioides (49% of samples; 9% overall). Storage fungi were more common in soybeans than the other commodities, indicating longer or adverse storage. Paddy rice contained high levels of a wide variety of field fungi, notably Fusarium semitectum, Bipolaris oryzae, and Curvularia, Phoma and Colletotrichum species. However, probably due to the heat generated by milling, milled rice contained very few fungi, which were mostly of storage origin. Only 3% of particles examined contained internal fungi. Infection in sorghum was typical of oilseeds, dominated by Aspergillus flavus, which was present in 86% of samples, with an overall infection rate of 12%. Beans other than soybeans were infected by a wide range of field fungi, but at low levels, with less than half of seeds

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

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...

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

75 FR 65586 - Agricultural Commodity Definition

Science.gov (United States)

2010-10-26

... juice, wine and beer are ``food'' for purposes of the definition of ``agricultural commodity... beets, beet pulp (used as animal feed), raw sugar, molasses and refined sugar; honey; beer and wine... proposed herein. \\44\\ 44 U.S.C. 3501 et seq. B. Cost Benefit Analysis Section 15(a) of the CEA requires the...

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

c. Computable General Equilibrium economic model that uses the results of the two above as inputs, to predict commodity prices under alternative energy price scenarios We start with the high resolution projections on temperature and precipitation for US corn-belt for years 2020-2040. A modified version of statistical relationship estimated by Schlenker and Roberts, is used to translate climate variables' change into yield changes for each. Shocks are sampled from this distribution to decipher the corresponding volatility in commodity prices. All else constant, the increased supply side variability should result in increased price volatility; high oil prices however give markets an incentive to produce more than 15bn gallons ethanol a year (non-binding RFS) and part of supply fluctuation in crop production can be borne by ethanol production and impact of climate change on crop prices would be less dramatic than it would have been if the entire adjustment was to come through non-ethanol usage. So impact of climate change clearly depends on energy markets and policy decisions and results should provide insights into impact of climate change on agricultural prices under different energy market scenarios.

Must producers earn a resource rent?

International Nuclear Information System (INIS)

Austvik, Ole Gunnar

2003-01-01

In petroleum producing countries it has been a prevailing opinion that a resource rent should be earned by petroleum producers due to the commodities' non-renewable nature. An important element in this logic is that the supply of oil and natural gas is limited to relatively few places in the world. As the resources are exploited, the remaining reserves are reduced. What is extracted today cannot be extracted tomorrow. Rationing of the scarce resource takes place through pricing mechanisms. Due to the scarcity the consumers must pay a higher price than the marginal production costs, so that the amounts supplied and demanded become equal. Most producers of oil and gas and not just the ones that produce the cheapest, have therefore until now earned an economic rent

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

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...

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

Increase of food commodities prices and their relationship with biofuels

International Nuclear Information System (INIS)

Ortiz-Alvarez, Marianela; Piloto-Rodríguez, Ramón

2017-01-01

Biofuels are without any doubt, an alternative to the actual energy matrix. In this work, through the analysis of the main influencing factors in the increase of food commodities prices, is demonstrated that this phenomena is not exclusive due to biofuels production. Comparing the food commodities prices with biofuels production and petroleum prices respectively, a stronger correlation between food and petroleum prices was observed, demonstrating the strong influence of the conventional energy market on agricultural products. (author)

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.

A Weighty Subject: Exploration for Heavy Minerals Across the State of Mississippi

Science.gov (United States)

Gifford, J.; Woolsey, A. I.; Yarbrough, L. D.; Platt, B. F.; Widanagamage, I. H.; Easson, G. L.

2017-12-01

Preliminary analysis has shown that an array of industrial minerals is known to occur in offshore deposits on the Gulf Coast as well as on-shore deposits in the Upper Cretaceous and Paleogene-Neogene clastic units, such as the Meridian Sand Member of the Eocene Tallahatta Formation in northeastern Mississippi. Furthermore, economic deposits occur within Holocene sediments along the Pearl and Pascagoula Rivers as well as along the modern Gulf of Mexico shoreline. These industrial minerals include suites of heavy minerals (specific gravity ≥2.97) that contain oxides of titanium (ilmenite, rutile, and leucoxene), oxides of zirconium (zircon), and the complex rare-earth-bearing phosphates (monazite and xenotime). These oxides are essential constituents of a wide-range of industrial materials critical to common technologies and the bulk of these mineral commodities are presently dependent on foreign supply. Current offshore deposits have been shown to be economic but are likely no longer accessible given their location within the Gulf Islands National Seashore. This comprehensive study is developing a heavy mineral occurrence dataset for the state of Mississippi including detailed analyses of the industrial mineral resources available within the state. More than 100 samples have been collected across the state from active and non-operating sand pit mining locations. The heavy mineral fraction of each sample was separated using lithium heteropolytungstates (LST) and gravity-based separation techniques. A grain mount for each sample was prepared with the heavy mineral fraction and the percentage values for each heavy mineral species were obtained from 200 grain counts per sample grain mount. Typical heavy mineral fraction for the sample set was approximately 0.9 % with an array from 0.0% to some samples ranging to a greater concentration of 7.5%. The resulting dataset will be further analyzed for geospatial similarities in trends and occurrences. Additional data

78 FR 16189 - Transportation of Agricultural Commodities

Science.gov (United States)

2013-03-14

... DEPARTMENT OF TRANSPORTATION Federal Motor Carrier Safety Administration 49 CFR Parts 382, 383, 390, 391, 395, 396 [Docket No. FMCSA-2012-0378] RIN 2126-AB58 Transportation of Agricultural...: FMCSA promulgates the regulatory exemptions for the ``transportation of agricultural commodities and...

7 CFR 1401.4 - Commodity certificates.

Science.gov (United States)

2010-01-01

... this section of loan collateral by a person to whom a loan secured by such collateral is made): or... loan collateral—(1) General. Except as otherwise provided in this paragraph and in paragraphs (f) and... commodities pledged as collateral for CCC loans made to such person, at any time on or before the expiration...

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.

Integrated Electrochemical Processes for CO₂ Capture and Conversion to Commodity Chemicals

Energy Technology Data Exchange (ETDEWEB)

Hatton, T. Alan [Massachusetts Inst. of Technology (MIT), Cambridge, MA (United States); Jamison, Timothy [Massachusetts Inst. of Technology (MIT), Cambridge, MA (United States)

2013-09-30

The Massachusetts Institute of Technology (MIT) and Siemens Corporations (SCR) are developing new chemical synthesis processes for commodity chemicals from CO₂. The process is assessed as a novel chemical sequestration technology that utilizes CO₂ from dilute gas streams generated at industrial carbon emitters as a raw material to produce useful commodity chemicals. Work at Massachusetts Institute of Technology (MIT) commenced on October 1st, 2010, and finished on September 30th, 2013. During this period, we have investigated and accomplished five objectives that mainly focused on converting CO₂ into high-value chemicals: 1) Electrochemical assessment of catalytic transformation of CO₂ and epoxides to cyclic carbonates; 2) Investigation of organocatalytic routes to convert CO₂ and epoxide to cyclic carbonates; 3) Investigation of CO₂ Capture and conversion using simple olefins under continuous flow; 4) Microwave assisted synthesis of cyclic carbonates from olefins using sodium bicarbonates in a green pathway; 5) Life cycle analyses of integrated chemical sequestration process. In this final report, we will describe the detailed study performed during the three year period and findings and conclusions drawn from our research.

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)

7 CFR 1405.9 - Commodity assessments.

Science.gov (United States)

2010-01-01

... Commodity assessments. (a) CCC will deduct from the proceeds of a marketing assistance loan an amount equal... collected in one of the following ways, as requested by the State, but not both: (i) When the proceeds of... the State. (2) CCC will deduct from the proceeds of a marketing assistance loan an amount equal to the...

Western Mineral and Environmental Resources Science Center--providing comprehensive earth science for complex societal issues

Science.gov (United States)

Frank, David G.; Wallace, Alan R.; Schneider, Jill L.

2010-01-01

Minerals in the environment and products manufactured from mineral materials are all around us and we use and come into contact with them every day. They impact our way of life and the health of all that lives. Minerals are critical to the Nation's economy and knowing where future mineral resources will come from is important for sustaining the Nation's economy and national security. The U.S. Geological Survey (USGS) Mineral Resources Program (MRP) provides scientific information for objective resource assessments and unbiased research results on mineral resource potential, production and consumption statistics, as well as environmental consequences of mining. The MRP conducts this research to provide information needed for land planners and decisionmakers about where mineral commodities are known and suspected in the earth's crust and about the environmental consequences of extracting those commodities. As part of the MRP scientists of the Western Mineral and Environmental Resources Science Center (WMERSC or 'Center' herein) coordinate the development of national, geologic, geochemical, geophysical, and mineral-resource databases and the migration of existing databases to standard models and formats that are available to both internal and external users. The unique expertise developed by Center scientists over many decades in response to mineral-resource-related issues is now in great demand to support applications such as public health research and remediation of environmental hazards that result from mining and mining-related activities. Western Mineral and Environmental Resources Science Center Results of WMERSC research provide timely and unbiased analyses of minerals and inorganic materials to (1) improve stewardship of public lands and resources; (2) support national and international economic and security policies; (3) sustain prosperity and improve our quality of life; and (4) protect and improve public health, safety, and environmental quality. The MRP

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.

76 FR 38110 - Announcement of Small, Socially-Disadvantaged Producer Grant (SSDPG) Application Deadlines in...

Science.gov (United States)

2011-06-29

... years. Socially-Disadvantaged Producer--Individual agricultural producer who is a member of a group... individual qualities. State--Includes each of the several states, the Commonwealth of Puerto Rico, the Virgin... maximum page total. Additional letters from industry groups, commodity groups, local and state government...

Analysis of mineral phases in coal utilizing factor analysis

International Nuclear Information System (INIS)

Roscoe, B.A.; Hopke, P.K.

1982-01-01

The mineral phase inclusions of coal are discussed. The contribution of these to a coal sample are determined utilizing several techniques. Neutron activation analysis in conjunction with coal washability studies have produced some information on the general trends of elemental variation in the mineral phases. These results have been enhanced by the use of various statistical techniques. The target transformation factor analysis is specifically discussed and shown to be able to produce elemental profiles of the mineral phases in coal. A data set consisting of physically fractionated coal samples was generated. These samples were analyzed by neutron activation analysis and then their elemental concentrations examined using TTFA. Information concerning the mineral phases in coal can thus be acquired from factor analysis even with limited data. Additional data may permit the resolution of additional mineral phases as well as refinement of theose already identified

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.

Geology and industrial mineral resources of the Macon-Gordon Kaolin District, Georgia

Science.gov (United States)

Buie, Bennett Frank; Hetrick, J.H.; Patterson, S.H.; Neeley, C.L.

1979-01-01

The Macon-Gordon kaolin district is about 80 miles (130 km) southeast of Atlanta, Georgia. It extends across the boundary between, and includes parts of, the Piedmont and Atlantic Coastal Plain physiographic provinces. The rocks in the Piedmont are mainly intensely folded sericite schist and granite gneiss containing irregular masses of amphibolite and feldspathic biotite gneiss and scattered igneous intrusive rocks. Most of the crystalline rocks are thought to be of Paleozoic age, but some of the intrusive rocks may be younger. The crystalline rocks are cut by a major unconformity and are overlain by sedimentary formations ranging in age from Cretaceous to Miocene. The valuable kaolin deposits occur in the Cretaceous beds, undivided, and in the Huber Formation which is of Paleocene to middle Eocene age. The resources of kaolin in the district are estimated in millions of metric tons as follows: reserves, 100; subeconomic resources, 700 to 900; undiscovered resources, probably 700 to 1,000. In addition to kaolin, the leading mineral commodity mined in the district, crushed stone and sand are now being produced, and fuller's earth and a minor amount of limestone were formerly produced. The crushed stone is quarried from igneous rocks in the Piedmont province. The sand is washed from the Cretaceous beds, undivided. The fuller's earth was mined from the Twiggs Clay Member of the Barnwell Formation, and limestone was dug from the Tivola Limestone.

If the Song has No Price, is it Still a Commodity? : Rethinking the Commodification of Digital Music

Directory of Open Access Journals (Sweden)

Rasmus Fleischer

2017-10-01

Full Text Available In music streaming services like Spotify, discrete pieces of music no longer has a price, as has traditionally been the case in music retailing, both analog and digital. This article discusses the theoretical and practical implications of this shift towards subscriptions, starting from a critical review of recent literature dealing with the commodification of music. The findings have a relevance that is not limited to music or digital media, but also apply more broadly on the study of commodification. At the theoretical level, the article compares two ways of defining the commodity, one structural (Marx, one situational (Appadurai, Kopytoff, arguing for the necessity of a theory that can distinguish commodities from all that which is not (yet commodified. This is demonstrated by taking Spotify as a case, arguing that it does not sell millions of different commodities to its users, but only one: the subscription itself. This has broad economic and cultural implications, of which four are highlighted: (1 The user of Spotify has no economic incentive to limit music listening, because the price of a subscription is the same regardless of the quantity of music consumed. (2 For the same reason, Spotify as a company cannot raise its revenues by making existing customers consume more of the product, but only by raising the number of subscribers, or by raising the price of a subscription. (3 Within platforms like Spotify, it is not possible to use differential pricing of musical recordings, as has traditionally been the case in music retail. Accordingly, record companies or independent artists hence can no longer compete for listeners by offering their music at a discount. (4 Within the circuit of capital. Spotify may actually be better understood as a commodity producer than as a distributor, implying a less symbiotic relationship to the recorded music industry.

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.

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...

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.

31 CFR 103.17 - Reports by futures commission merchants and introducing brokers in commodities of suspicious...

Science.gov (United States)

2010-07-01

... merchants and introducing brokers in commodities of suspicious transactions. 103.17 Section 103.17 Money and... merchants and introducing brokers in commodities of suspicious transactions. (a) General—(1) Every futures commission merchant (“FCM”) and introducing broker in commodities (“IB-C”) within the United States shall...

Minerals From the Marine Environment

Science.gov (United States)

Cruickshank, Michael J.

The current interest in minerals centering on, among other things, potential shortages, long-term needs, and deep seabed nodules, accentuates the usefulness and timeliness of this little book authored by a former chairman of the British National Environmental Research Council.In less than 100 pages, the author puts into perspective the potential for producing minerals from offshore areas of the world. After introducing the reader to the ocean environment and the extraordinary variety of the nature of the seabed, the author describes in some detail the variety of minerals found there. This is done in seven separate chapters entitled ‘Bulk and Non-Metallic Minerals From the Seas’ ‘Metals From the Shallow Seas’ ‘Metals From the Deep Oceans’ ‘Minerals From Solution’ ‘Oil and Gas from the Shallow Seas’ ‘Oil and Gas From Deep Waters’ and ‘Coal Beneath the Sea.’ The remaining chapters give a brief regional review of marine minerals distribution for eight areas of significant socioeconomic structure, and a short recapitulation of special problems of mineral recovery in the marine environment including such matters as the effect of water motion on mineral processing and of international law on investments. Glossaries of geological periods and technical terms, a short list of references, and an index complete the work.

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

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

... commodities in order to achieve the health-related Millennium Development ... Special journal issue highlights IDRC-supported findings on women's paid work ... to address climate change-related challenges in India, including heat stress, ...

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.

Current Status of Mycotoxin Contamination of Food Commodities in Zimbabwe.

Science.gov (United States)

Nleya, Nancy; Adetunji, Modupeade Christianah; Mwanza, Mulunda

2018-05-03

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.

Determination of helium in beryl minerals

International Nuclear Information System (INIS)

Souza Barcellos, E. de.

1985-08-01

In order to obtain the diffusion coefficients of helium in beryl and phenacite samples at various temperatures, helium leak rates were measured in these minerals at these temperatures. Mass spectrometry (MS) was used to obtain helium leak rates and the gas flow was plotted against time. The gas quantity determined by MS was first obtained at various temperatures until no helium leak rate was detected. After that, these samples were irradiated with fast neutrons to produce helium which was measured again. This procedure was used to estimate the experimental error. The quantity of helium produced by interaction of gamma radiation with beryl minerals was theoretically calculated from the amount of thorium-232 at the neighbourhood of the samples. The quantity of helium produced in the minerals due to uranium and thorium decay was calculated using the amount of these heavy elements, and the results were compared with the amounts determined by MS. The amount of potassium-40 was determined in order to derive the quantity of argonium-40, since some workers found argonium in excess in these minerals. The quantity of helium in the beryl samples (s) was determined in the center and in the surface of the samples in order to obtain informations about the effectiveness of the Be(α, η) He reaction. Beryl and phenacite minerals were choosen in this research since they are opposite each other with respect to the helium contents. Both have beryllium in their compositon but beryl hold a large amount of helium while phenacite, in spite of having about three times more beryllium than beryl, do not hold the gas. (author) [pt

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

THE USE OF FLUORIDE CONTAINING MINERAL WATER IN WORT PRODUCTION

Directory of Open Access Journals (Sweden)

Gunka Yonkova

2011-12-01

Full Text Available The present work aims to study the quality of wort produced using fluoride containing mineral water. The results show that the mineral water has a negative impact on the enzymatic destruction of starch, proteins, color intensity and pH of the wort. The changes of pH during mashing process using tap and mineral water was studied. The lower acidity of wort obtained using mineral water didn’t change during the brewing process. The fluoride content of beer is lower than 5 mg.L-1 when wort is produced using mineral and tap water in 1:1 ratio and citric acid for pH correction. At the same time, the final degree of fermentation, α-amine nitrogen content and the intensity of color of produced wort are close to the control sample. The changes in fluoride ion concentration are monitored using ion-selective potentiometry. The fluoride content is decreased from 5.7 to 4.75 mg.L-1, the most intense change is observed during the mashing process.

7 CFR Exhibit B to Subpart A of... - Memorandum of Understanding and Blanket Commodity Lien Waiver

Science.gov (United States)

2010-01-01

... commodity with respect to which the loan or purchase is made. The word “subordinated” means that, in the... makes loans to farmers on the security of agricultural commodities that are eligible for price support under loan and purchase programs conducted by the Commodity Credit Corporation (CCC). FmHA or its...

Mineral Composition of Organically Grown Wheat Genotypes: Contribution to Daily Minerals Intake

Science.gov (United States)

Hussain, Abrar; Larsson, Hans; Kuktaite, Ramune; Johansson, Eva

2010-01-01

In this study, 321 winter and spring wheat genotypes were analysed for twelve nutritionally important minerals (B, Cu, Fe, Se, Mg, Zn, Ca, Mn, Mo, P, S and K). Some of the genotypes used were from multiple locations and years, resulting in a total number of 493 samples. Investigated genotypes were divided into six genotype groups i.e., selections, old landraces, primitive wheat, spelt, old cultivars and cultivars. For some of the investigated minerals higher concentrations were observed in selections, primitive wheat, and old cultivars as compared to more modern wheat material, e.g., cultivars and spelt wheat. Location was found to have a significant effect on mineral concentration for all genotype groups, although for primitive wheat, genotype had a higher impact than location. Spring wheat was observed to have significantly higher values for B, Cu, Fe, Zn, Ca, S and K as compared to winter wheat. Higher levels of several minerals were observed in the present study, as compared to previous studies carried out in inorganic systems, indicating that organic conditions with suitable genotypes may enhance mineral concentration in wheat grain. This study also showed that a very high mineral concentration, close to daily requirements, can be produced by growing specific primitive wheat genotypes in an organic farming system. Thus, by selecting genotypes for further breeding, nutritional value of the wheat flour for human consumption can be improved. PMID:20948934

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 Agriculture Regulations of the Department of Agriculture (Continued) FOOD AND NUTRITION SERVICE, DEPARTMENT OF AGRICULTURE CHILD NUTRITION PROGRAMS CHILD AND ADULT CARE FOOD PROGRAM Assistance to States § 226.5 Donation...

Impacts of Retailers’ Pricing Strategies for Produce Commodities on Farmer Welfare

OpenAIRE

Li, Chenguang; Sexton, Richard J.

2009-01-01

The typical model of retail pricing for produce products assumes retailers set price equal to the farm price plus a certain markup. However, observations from scanner data indicate a large degree of price dispersion in the grocery retailing market. In addition to markup pricing behavior, we document three alternative leading pricing patterns: fixed (constant) pricing, periodic sale, and high-low pricing. Retail price variations under these alternative pricing regimes in general have little co...

7 CFR 1421.109 - Personal liability of the producer.

Science.gov (United States)

2010-01-01

...) Remove or dispose of a quantity of commodity that is collateral for a CCC farm-stored loan without prior... CCC. CCC will demand delivery of any remaining loan collateral if not repaid within the 30 calendar... the loan collateral without the approval of CCC. (m) A producer shall be personally liable for damages...

The Decision to Produce Altcoins: Miners' Arbitrage in Cryptocurrency Markets

OpenAIRE

Adam Hayes

2015-01-01

Bitcoin has become the de facto 'gold' standard among cryptocurrencies as it is the most widely accepted in commerce, has the largest mining network, and greatest volume of transactions. Because of this, miners of other SHA-256 cryptocurrencies will tend to convert those altcoins into bitcoin in order to transact in a meaningful way with the real economy. The result is that bitcoin mining regulates that of all other SHA-256 blockchains. Specifically, what matters is the expected number of bit...

Sustainable production of hydrogen and chemical commodities from biodiesel waste crude glycerol and cellulose by biological and catalytic processes

OpenAIRE

Maru, Biniam Taddele

2013-01-01

Hydrogen has a significant potential as clean and ‘green’ fuel of the future. Accordingly, this thesis investigated how to generate a sustainable production of hydrogen and other chemical commodities through study of: 1) Fermentative behavior of anaerobichydrogen producing microorganisms from pure glycerol and biodiesel waste crude glycerol; 2) The advantage of using a solid supportimmobilisationof microorganisms 3) The integration of the dark fermentative system with the catalytic hydrolysi...

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...

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.

GHGRP Minerals Sector Industrial Profile

Science.gov (United States)

EPA's Greenhouse Gas Reporting Program periodically produces detailed profiles of the various industries that report under the program. The profiles available for download below contain detailed analyses for the Minerals industry.

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)

Market risk in commodity markets. A VaR approach

Energy Technology Data Exchange (ETDEWEB)

Giot, Pierre [Department of Business Administration and CEREFIM at University of Namur, Rempart de la Vierge, 8, 5000 Namur (Belgium); Laurent, Sebastien [Center for Operations Research and Econometrics (CORE) at Universite Catholique de Louvain, Louvain (Belgium)

2003-09-01

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.

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

Modeling phytosanitary risk of unintended commodity use: the example of U.S. potato exports to Mexico.

Science.gov (United States)

Fowler, Glenn; Erikson, Lottie; Caton, Barney; Gutierrez, Walter; Griffin, Robert

2014-09-01

Diversion of commodities from their intended use to an unintended use, e.g., when commodities intended for consumption are used as seed for planting, is an important issue in agricultural trade that has implications for the establishment of pests and pathogens in an importing country and for the appropriate strength of plant health measures. Consequently, understanding and accurately characterizing the risk of diversion from intended use is highly relevant to policymakers, trading partners, and in trade dispute arbitration. To our knowledge, no risk assessments have ever accounted for the likelihood of diversion from intended use. Here we present an approach to analyzing this risk using diversion of U.S. table stock potatoes to seed for planting by Mexican potato producers as a case study. We use probabilistic pathway models to characterize the movement of white, yellow, and russet potatoes from the United States into Mexico at current and double export volumes. We then model the likelihood of these potatoes being diverted for seed and the subsequent establishment of bacteria, nematode, and virus pests in Mexico. Our approach demonstrates how diversion from intended use can be quantified in one scenario and, in particular, how it can be analyzed to estimate the magnitude of diversion required to produce a high risk of pest establishment. © 2014 Society for Risk Analysis Published 2014. This article is a U.S. Government work and is in the public domain for the U.S.A.

The normal mycoflora of commodities from Thailand. 1. Nuts and oilseeds.

Science.gov (United States)

Pitt, J I; Hocking, A D; Bhudhasamai, K; Miscamble, B F; Wheeler, K A; Tanboon-Ek, P

1993-12-01

A comprehensive study was carried out of the fungi occurring in commodities normally traded in Thailand. Samples of major commodities were obtained from farmers' stocks and middlemen in major producing areas throughout the country. Retail samples were obtained from outlets in and around Bankok. Samples were divided into two portions, one being examined in Bangkok, and the second in Sydney. After surface disinfection, fungi were enumerated by direct plating on dichloran rose bengal chloramphenicol agar, dichloran 18% glycerol agar, Aspergillus flavus and parasiticus agar and dichloran chloramphenicol peptone agar. Figures for percentage infection were calculated, and fungi were isolated and identified to species level. In all 602 samples were examined, and at North Ryde about 18,000 fungal isolates identified. Data obtained from 329 samples are reported here, comprising maize (154), peanuts (109), cashews (45) and copra (21). Major fungi in maize included Fusarium moniliforme (present in 97% of samples), Aspergillus flavus (85%), Penicillium citrinum (67%), Aspergillus niger (64%), Lasiodiplodia theobromae (58%) and Fusarium semitectum (45%). In peanuts, the major fungi were Aspergillus flavus (95% of samples), Aspergillus niger (86%), Rhizopus oryzae (60%), Eurotium rubrum (51%), Macromina phaseolina (49%), Penicillium citrinum (46%) and Eurotium chevalieri (46%). Invasion in cashews was lower, major fungi being Aspergillus flavus (60%), Nigrospora oryzae (58%), Aspergillus niger (53%), Chaetomium globosum (47%) and Eurotium chevalieri (40%). Aspergillus flavus (86% of samples) was again dominant in copra, with Rhizopus oryzae (52%), Aspergillus niger (43%), Eurotium chevalieri (43%) the only other species exceeding 40% infection. Aspergillus parasiticus was rarely seen, and Aspergillus nomius was reported from foods for the first time.

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.

Deposit model for heavy-mineral sands in coastal environments: Chapter L in Mineral deposit models for resource assessment

Science.gov (United States)

Van Gosen, Bradley S.; Fey, David L.; Shah, Anjana K.; Verplanck, Philip L.; Hoefen, Todd M.

2014-01-01

This report provides a descriptive model of heavy-mineral sands, which are sedimentary deposits of dense minerals that accumulate with sand, silt, and clay in coastal environments, locally forming economic concentrations of the heavy minerals. This deposit type is the main source of titanium feedstock for the titanium dioxide (TiO2) pigments industry, through recovery of the minerals ilmenite (Fe2+TiO3), rutile (TiO2), and leucoxene (an alteration product of ilmenite). Heavy-mineral sands are also the principal source of zircon (ZrSiO4) and its zirconium oxide; zircon is often recovered as a coproduct. Other heavy minerals produced as coproducts from some deposits are sillimanite/kyanite, staurolite, monazite, and garnet. Monazite [(Ce,La,Nd,Th)PO4] is a source of rare earth elements as well as thorium, which is used in thorium-based nuclear power under development in India and elsewhere.

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..., and yearly bases. Special invitations, however, are issued throughout the month. Web-Based Supply Chain Management (WBSCM) allows respondents to submit information electronically. DATES: Comments on...

Financialization, Crisis and Commodity Correlation Dynamics

OpenAIRE

Annastiina Silvennoinen; Susan Thorp

2010-01-01

We study bi-variate conditional volatility and correlation dynamics for individual commodity futures and financial assets from May 1990-July 2009 using DSTCC-GARCH (Silvennoinen and Terasvirta 2009). These models allow correlation to vary smoothly between extreme states via transition functions driven by indicators of market conditions. Expected stock volatility and money manager open interest in futures markets are relevant transition variables. Results point to increasing integration betwee...

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...

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

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.

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.

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...... system which was intended to support collective team effort, yet enhanced conflicts of interest in the matrix structure, discuss leadership, goal alignment and career tracks, and debate when and whether a team structure is appropriate in the pursuit of corporate purchasing synergies. The article is based...

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.

Modelos de tiempo continuo para commodities agrícolas En Colombia*

Directory of Open Access Journals (Sweden)

Javier Arbeláez López

2007-12-01

Full Text Available Algunos llamados “expertos” hacen recomendaciones para aplicar modelos devaloración de derivados sobre acciones a derivados sobre commodities. Esta prácticadebería considerarse sólo como un primer paso, exploratorio en la búsqueda delvalor realmente “justo” del derivado.En general, los precios de las commodities se comportan de una manera bastantediferente de los precios de las acciones. Esto se muestra, con este artículo, a travésde ejemplos del mercado agropecuario colombiano. 

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

The Role of Incompleteness in Commodity Futures Markets

Directory of Open Access Journals (Sweden)

Takashi eKanamura

2015-10-01

Full Text Available This paper proposes a convenience yield-based pricing for commodity futures, which embeds incompleteness of commodity futures markets in convenience yields. By using the pricing method, we conduct empirical analyses of the prices of WTI crude oil, heating oil, and natural gas futures traded on the NYMEX in order to assess the incompleteness of energy futures markets. We show that the fluctuation from the incompleteness is partly driven by the fluctuation from convenience yields. In addition, it is shown that the incompleteness of natural gas futures market is more highlighted than the incompleteness of WTI crude oil and heating oil futures markets. We apply the implied market price of risk from the NYMEX data to pricing an Asian call option written on WTI crude oil futures. Finally, we try to apply the market incompleteness analysis to the post-crisis periods after 2009.

Espresso beverages of pure origin coffee: mineral characterization, contribution for mineral intake and geographical discrimination.

Science.gov (United States)

Oliveira, Marta; Ramos, Sandra; Delerue-Matos, Cristina; Morais, Simone

2015-06-15

Espresso coffee beverages prepared from pure origin roasted ground coffees from the major world growing regions (Brazil, Ethiopia, Colombia, India, Mexico, Honduras, Guatemala, Papua New Guinea, Kenya, Cuba, Timor, Mussulo and China) were characterized and compared in terms of their mineral content. Regular consumption of one cup of espresso contributes to a daily mineral intake varying from 0.002% (sodium; Central America) to 8.73% (potassium; Asia). The mineral profiles of the espresso beverages revealed significant inter- and intra-continental differences. South American pure origin coffees are on average richer in the analyzed elements except for calcium, while samples from Central America have generally lower mineral amounts (except for manganese). Manganese displayed significant differences (pworld coffee producers were achieved by applying canonical discriminant analysis. Manganese and calcium were found to be the best chemical descriptors for origin. Copyright © 2015 Elsevier Ltd. All rights reserved.

Volatility behavior of oil, industrial commodity and stock markets in a regime-switching environment

International Nuclear Information System (INIS)

Choi, Kyongwook; Hammoudeh, Shawkat

2010-01-01

This study supplements previous regime-switching studies on WTI crude oil and finds two possible volatility regimes for the strategic commodity prices of Brent oil, WTI oil, copper, gold and silver, and the S and P 500 index, but with varying high-to-low volatility ratios. The dynamic conditional correlations (DCCs) indicate increasing correlations among all the commodities since the 2003 Iraq war but decreasing correlations with the S and P 500 index. The commodities also show different volatility persistence responses to financial and geopolitical crises, while the S and P 500 index responds to both financial and geopolitical crises. Implications are discussed.

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

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.

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.

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.

Mars weathering analogs - Secondary mineralization in Antarctic basalts

Science.gov (United States)

Berkley, J. L.

1982-01-01

Alkalic basalt samples from Ross Island, Antarctica, are evaluated as terrestrial analogs to weathered surface materials on Mars. Secondary alteration in the rocks is limited to pneumatolytic oxidation of igneous minerals and glass, rare groundmass clay and zeolite mineralization, and hydrothermal minerals coating fractures and vesicle surfaces. Hydrothermal mineral assemblages consist mainly of K-feldspar, zeolites (phillipsite and chabazite), calcite, and anhydrite. Low alteration rates are attributed to cold and dry environmental factors common to both Antarctica and Mars. It is noted that mechanical weathering (aeolian abrasion) of Martian equivalents to present Antarctic basalts would yield minor hydrothermal minerals and local surface fines composed of primary igneous minerals and glass but would produce few hydrous products, such as palagonite, clay or micas. It is thought that leaching of hydrothermal vein minerals by migrating fluids and redeposition in duricrust deposits may represent an alternate process for incorporating secondary minerals of volcanic origin into Martian surface fines.

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...

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

Science.gov (United States)

2010-04-01

..., with the following information in the language of the country in which the commodities are to be... peace; and (3) Not to be sold or exchanged (where applicable). Emblems or other identification of...

Byproduct mineral commodities used for the production of photovoltaic cells

Science.gov (United States)

Bleiwas, Donald I.

2010-01-01

Rising fossil fuel costs, environmental concerns relating to global climate change, and Government policy to signifcantly increase our Nation's energy independence have placed greater emphasis on the generation of electricity from renewable sources, such as the Sun (light and heat), water, and wind, which for all intents and purposes are inexhaustible resources. Although the total amount of electricity generated from the direct conversion of sunlight through photovoltaic cells is relatively small compared with that from other forms of renewable energy, the rate of growth in the sector is signifcant. The total value of energy of photovoltaic cells produced worldwide increased to nearly 7 gigawatts (GW) in 2008 from 45 megawatts (MW) in 1990, a compound annual growth rate of about 30 percent. In the United States, manufacturing of photovoltaic cells has grown exponentially to about 480 MW in 2008, accounting for 6 percent of world production, from less than 10 MW of photovoltaic capacity in 1990 (Benner, 2007; U.S. Department of Energy, Energy Information Administration, 2010), a compound annual growth rate of approxi-mately 23 percent. A production capacity of 1 GW of electricity [or 8,760 gigawatthours1 (GWh)] is equivalent to the annual electricity requirements for roughly 800,000 average households in the United States (U.S. Department of Energy, Energy Information Administration, 2010). This estimate does not include losses of electricity, such as during transmission through power lines.

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

Science.gov (United States)

2011-05-18

..., Division of Clearing and Intermediary Oversight, or Barbara S. Gold, Associate Director, Division of... Commission explained the origin and use of the term ``Commodity ETF''. \\6\\ Id. at 54795-96. Thus, the... permit the CPO of a Commodity ETF to claim relief from the specific Disclosure Document delivery and...

Research on the Pricing of Bundling Information Commodity%信息产品的捆绑定价问题研究

Institute of Scientific and Technical Information of China (English)

毛彦妮; 王刊良; 王龙伟

2003-01-01

This article studies the characteristics of low marginal cost of information commodity and points out that bundling information commodity is surprisingly profitable. After an analysis of the three factors affecting the sales income of bundling information commodity, that is, marginal cost, distribution of consumer' s valuation of bundling commodity and bundling size, a marketing strategy for bundling information commodity is proposed.

Oxygen Extraction from Minerals

Science.gov (United States)

Muscatello, Tony

2017-01-01

Oxygen, whether used as part of rocket bipropellant or for astronaut life support, is a key consumable for space exploration and commercialization. In Situ Resource Utilization (ISRU) has been proposed many times as a method for making space exploration more cost effective and sustainable. On planetary and asteroid surfaces the presence of minerals in the regolith that contain oxygen is very common, making them a potential oxygen resource. The majority of research and development for oxygen extraction from minerals has been for lunar regolith although this work would generally be applicable to regolith at other locations in space. This presentation will briefly survey the major methods investigated for oxygen extraction from regolith with a focus on the current status of those methods and possible future development pathways. The major oxygen production methods are (1) extraction from lunar ilmenite (FeTiO3) with either hydrogen or carbon monoxide, (2) carbothermal reduction of iron oxides and silicates with methane, and (3) molten regolith electrolysis (MRE) of silicates. Methods (1) and (2) have also been investigated in a two-step process using CO reduction and carbon deposition followed by carbothermal reduction. All three processes have byproducts that could also be used as resources. Hydrogen or carbon monoxide reduction produce iron metal in small amounts that could potentially be used as construction material. Carbothermal reduction also makes iron metal along with silicon metal and a glass with possible applications. MRE produces iron, silicon, aluminum, titanium, and glass, with higher silicon yields than carbothermal reduction. On Mars and possibly on some moons and asteroids, water is present in the form of mineral hydrates, hydroxyl (-OH) groups on minerals, andor water adsorbed on mineral surfaces. Heating of the minerals can liberate the water which can be electrolyzed to provide a source of oxygen as well. The chemistry of these processes, some key

Concentration of gold, sulphide minerals, and uranium oxide minerals by flotation from ores and metallurgical plant products

International Nuclear Information System (INIS)

Weston, D.

1976-01-01

A process is described for the concentration by flotation of gold, gold bearing minerals and uranium oxide minerals from ores and metallurgical plant products. A pulp of a ground ore is agitation conditioned in at least two agitation conditioning stages wherein in at least one stage the pH of the pulp is lowered with an acid agent to within the pH range of about 1.5 to 5.0, and wherein in at least one additional agitation conditioning stage the pH of the pulp is raised to within the pH range of about 6.0 to 11.0 and wherein in at least the last stage prior to flotation at least one collector selected from the group of sulfhydryl anionic collectors is present. Subsequently, the at least two stage agitation conditioned pulp is subjected to flotation to produce a flotation concentrate enriched in at least one of the mineral values from the group consisting of gold, gold bearing minerals and uranium minerals

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...

41 CFR 51-6.4 - Military resale commodities.

Science.gov (United States)

2010-07-01

... 41 Public Contracts and Property Management 1 2010-07-01 2010-07-01 true Military resale commodities. 51-6.4 Section 51-6.4 Public Contracts and Property Management Other Provisions Relating to... stores, Armed Forces exchanges and like activities of other Government departments and agencies) shall...

Conceptualizing Culture as Commodity: The Problem of Television.

Science.gov (United States)

Meehan, Eileen R.

1986-01-01

Claims that most television research ignores the connections between its symbolic and economic influences. Argues for an integrated approach that views television as both a commodity and an artifact. Describes five analytical categories that researchers could use to provide information illuminating these relations to the public. (JD)

Exchange Market Pressure, Stock Prices, and Commodity Prices East of the Euro

Directory of Open Access Journals (Sweden)

Scott W. Hegerty

2018-03-01

Full Text Available Aim/purpose - This paper aims to examine connections between the exchange, equity, commodity and commodity markets of a set of Central and Eastern European (CEE economies using monthly time-series data. In particular, we examine whether stock - or commodity - price changes might put pressure on these currencies to depreciate, and whether these pressures are transmitted within the region or from larger neighbors. Design/methodology/approach - This paper creates monthly indices of Ex-change Market Pressure (EMP from 1998 to 2017 using a combination of currency depreciation, reserve losses, and changes in interest-rate differentials for the Czech Republic, Hungary, Poland, and Ukraine, Bulgaria, and Romania. After examining these indices for evidence of currency 'crises', and their components for evidence of changes in currency policy, Vector Autoregressive (VAR methods such as Granger causality and impulse-response functions are used to examine connections between EMP, domestic and foreign stock returns, and changes in commodity prices in the first four countries listed. Findings - While EMP increased in 2008, and the degree of central banks' currency- -market interventions decreased afterward, this paper uncovers key differences among countries. In particular, the Czech Republic is relatively insulated from international transmissions, while Hungary is more susceptible to global spillovers and Poland is exposed to events originating elsewhere in the CEE region. Ukraine shows bidirectional causality between its EMP and stock indices, and finds that pressure on the hryvnia increases if commodity or oil prices decline. Research implications/limitations - This study adds to the relatively limited literature regarding this region, and highlights particular vulnerabilities for both individual countries and specific neighbors; further research is necessary to uncover the channels of transmission using economic modeling. Originality

Global Commodity Chains & World Income Inequalities: The Missing Link of Inequality and the “Upgrading” Paradox

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Benjamin D. Brewer

2015-08-01

Full Text Available This article links key findings from two major research literatures within contemporary development and globalization studies: global commodity/value chains, and world income inequalities. Forging this missing link exposes what I call the “upgrading paradox” within commodity and value chain analysis. The paradox hinges on the disconnect between the global commodity/value chain literature’s focus on the potential for firms and nations to “upgrade” their position within chains and the roots of the global commodity chain construct in world-systems analysis, a theoretical framework that rejects the potential for widespread and generalizable developmental progress. Findings from the world income inequalities literature do indeed confirm the paradoxical nature of the upgrading discourse, so I conclude by discussing two potential paths for a “post-paradox” commodity chain analysis.

Mega-minería y colonialidad. Nuevas estrategias de legitimación, viejos binomios

OpenAIRE

Julieta Godfrid

2016-01-01

The new international division of labor that takes place under neoliberal globalization relegates Latin American countries to mere commodity producers. In this scenario, in Argentina in recent years it has rapidly expanded the mega-opencast mining, producing a multiplicity of socio-environmental impacts and bringing the emergence of a lot of conflicts. Successive socio-environmental critics contributed to delegitimize the corporate image of the sector, discrediting the mega-mining activity. F...

Optimal Commodity Taxation and Income Distribution

OpenAIRE

Benassi, Corrado; Randon, Emanuela

2015-01-01

We consider the interplay between income distribution and optimal commodity taxation, linking equity issues to optimal taxes through the effect of income distribution on market demand and its price elasticity. We find conditions to conciliate the equity and efficiency tradeoff and to assess the impact of inequality changes on the optimal taxation of necessity and luxury goods. We show that the regressivity or progressivity of the tax system is determined by the distribution of luxuries and ne...

Hedging Cash Flows from Commodity Processing

OpenAIRE

Dahlgran, Roger A.

2005-01-01

Agribusinesses make long-term plant-investment decisions based on discounted cash flow. It is therefore incongruous for an agribusiness firm to use cash flow as a plant-investment criterion and then to completely discard cash flow in favor of batch profits as an operating objective. This paper assumes that cash flow and its stability is important to commodity processors and examines methods for hedging cash flows under continuous processing. Its objectives are (a) to determine how standard he...

An application of seasonal ARIMA models on group commodities to forecast Philippine merchandise exports performance

Science.gov (United States)

Natividad, Gina May R.; Cawiding, Olive R.; Addawe, Rizavel C.

2017-11-01

The increase in the merchandise exports of the country offers information about the Philippines' trading role within the global economy. Merchandise exports statistics are used to monitor the country's overall production that is consumed overseas. This paper investigates the comparison between two models obtained by a) clustering the commodity groups into two based on its proportional contribution to the total exports, and b) treating only the total exports. Different seasonal autoregressive integrated moving average (SARIMA) models were then developed for the clustered commodities and for the total exports based on the monthly merchandise exports of the Philippines from 2011 to 2016. The data set used in this study was retrieved from the Philippine Statistics Authority (PSA) which is the central statistical authority in the country responsible for primary data collection. A test for significance of the difference between means at 0.05 level of significance was then performed on the forecasts produced. The result indicates that there is a significant difference between the mean of the forecasts of the two models. Moreover, upon a comparison of the root mean square error (RMSE) and mean absolute error (MAE) of the models, it was found that the models used for the clustered groups outperform the model for the total exports.

Brokers and brokerage in the process of trading in commodity futures markets

Directory of Open Access Journals (Sweden)

Eremić Milan B.

2003-01-01

Full Text Available This paper mainly deals with the analysis of a very complex process of brokerage in commodity futures markets. Unlike a classical commodity market in which brokers are not a necessity, sales and purchases in commodity futures markets cannot be carried out without brokers. Brokers who act as agents of buyers and sellers of futures are a necessary condition for trading in organized markets, such as commodity futures markets. The structure of brokers in futures trading is multilayer and involves participants in futures trading from floor brokers, immediate futures traders and the members of clearing and the clearing house itself, on the one hand, to numerous other necessary actors whose activities out of the stock exchange and the clearing house contribute to the efficient functioning of futures market. The fact that transactions between buyers and sellers in futures markets are not carried out directly but through brokers means that the obligations of buyers and sellers are formally conveyed to brokers, providing at the same time the guarantee by the broker that the actual buyer and the actual seller will fulfill their contractual obligations. At the very beginning of futures trading, the relationship between the seller and the buyer is transformed into a relationship between two brokers. Since that moment on, the original relationship is conveyed to higher levels of brokerage reaching the level of the clearing house. In the process of transformation of the buyer-seller relationship and transmitting obligations and guaranteeing their fulfillment, the clearing house itself becomes the buyer relative to all sellers and the seller relative to all buyers. In this way, it guarantees that obligations regarding all transactions in futures market will be fulfilled. The whole process is carried out in accordance with the prescribed procedures conducted on the floor of commodity exchange, in its administrative departments and in the clearing house itself.

Does plant uptake or low soil mineral-N production limit mineral-N losses to surface waters and groundwater from soils under grass in summer?

International Nuclear Information System (INIS)

Bhatti, Ambreen; McClean, Colin J.; Cresser, Malcolm S.

2013-01-01

Summer minima and autumn/winter maxima in nitrate concentrations in rivers are reputedly due to high plant uptake of nitrate from soils in summer. A novel alternative hypothesis is tested here for soils under grass. By summer, residual readily mineralizable plant litter from the previous autumn/winter is negligible and fresh litter input low. Consequently little mineral-N is produced in the soil. Water-soluble and KCl-extractable mineral N in fresh soils and soils incubated outdoors for 7 days have been monitored over 12 months for soil transects at two permanent grassland sites near York, UK, using 6 replicates throughout. Vegetation-free soil is shown to produce very limited mineral-N in summer, despite the warm, moist conditions. Litter accumulates in autumn/winter and initially its high C:N ratio favours N accumulation in the soil. It is also shown that mineral-N generated monthly in situ in soil substantially exceeds the monthly mineral-N inputs via wet deposition at the sites. -- Highlights: •Soil mineral-N has been measured over a year at two grassland sites in the UK. •Rates of mineral-N production have also been measured in vegetation-free soils. •In summer, though soils were warm and moist, rate of mineral-N production was low. •The effect is attributed to low litter inputs in summer when grass is growing well. •Low mineral-N production in summer must be limiting N losses to fresh waters. -- Low mineral-N production in soils under grass limits summer N losses to surface- and ground-waters

Inventory transparency for agricultural produce through IOT

Science.gov (United States)

Srinivasan, S. P.; Sorna Shanthi, D.; Anand, Aashish V.

2017-06-01

Re-structuring the practices of traditional inventory management is becoming more essential to optimize the supply chain transparency and accuracy of agricultural produce. A flexible and transparent inventory management system is becoming the need of any agricultural commodity. It was noticed that the major setback for the farmers who are the suppliers of the farm produce is due to poor supply chain integration. The recent advent technologies and IT explosion can bring up a greater impact in the process of storing, tracking, distributing and monitoring perishable agriculture produce of day to day life. The primary focus of this paper is to integrate IoT into inventory management and other inbound logistics management of agriculture produce. The unique features of agricultural produce like a prediction of supply, demand, the location of warehouses, distribution and tracking of inventory can be integrated through IoT. This paper proposes a conceptual framework for inventory management transparency involved in the supply chain of agriculture produce.

7 CFR 917.122 - Qualification requirements and nominiation procedure for public members of Commodity Committees.

Science.gov (United States)

2010-01-01

... Department of Agriculture (Continued) AGRICULTURAL MARKETING SERVICE (Marketing Agreements and Orders; Fruits... members of Commodity Committees. (a) Public members shall not have a financial interest in or be associated with production, processing, financing, or marketing (except as consumers) of the commodities...

Essential minerals and inorganic contaminants (barium, cadmium, lithium, lead and vanadium in dried bee pollen produced in Rio Grande do Sul State, Brazil

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José Augusto Gasparotto SATTLER

2016-01-01

Full Text Available Abstract Like other beehive products, such as honey, royal jelly and propolis, bee pollen has attracted great interest because of the health benefits it can provide when consumed. Bee pollen has high contents of sugars and proteins and a low content of lipids, it is also a rich source of vitamins and other bioactive compounds, which makes it an attractive micronutrient supplement. However, few studies have investigated its composition. Therefore, the aim of this study was to characterize the essential minerals and inorganic contaminants present in bee pollen produced at apiaries in Rio Grande do Sul State, Brazil. Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES revealed the presence of 8 essential minerals (calcium, iron, copper, chromium, manganese, molybdenum, phosphorus and zinc in the 5 analyzed samples; 6 of them were in sufficiently high amounts to meet dietary requirements. Of the 5 inorganic contaminants assessed (barium, cadmium, lithium, lead and vanadium, only cadmium was present at levels over the International Honey Commission’s standards. All bee pollen samples showed a high content of the 8 essential minerals. Contamination usually results from the use of pesticides, fertilizers and other chemicals in agriculture; thus, monitoring of its levels must be included in bee pollen analysis.

Giemsa as a fluorescent dye for mineralizing bone-like nodules in vitro

International Nuclear Information System (INIS)

Querido, W; Farina, M; Balduino, A

2012-01-01

Giemsa was first used as a fluorescent dye for mineralized bone and cartilage in tissue sections. The aim of this study was to establish the use of Giemsa as a fluorescent dye for mineralizing bone-like nodules produced in cell cultures. Osteoblasts were grown under mineralizing conditions for 14 days, producing typical bone-like nodules. Upon staining with Giemsa stock solution for 1 min, the mineralizing nodules could be selectively visualized emitting intense green and red fluorescence when observed under blue and green illumination, respectively. The textural details of the nodules were clearly observed under fluorescence microscopy, allowing to identify regions with different degrees of mineralization. The mineralized nature of the nodules was confirmed using von Kossa's method, Alizarin Red S staining and x-ray mapping for Ca and P in a scanning electron microscope, showing a strong correlation between the mineralizing and the fluorescent nodules. The selective fluorescence was related to the mineral phase, being absent in decalcified samples. The use of Giemsa as a fluorescent dye for mineralizing bone-like nodules presents a simple alternative method to quickly analyze biomineralization assays in vitro under fluorescence microscopy, particularly in the biological evaluation of biomaterials. (communication)

An industry perspective on the use of seasonal forecasts and weather information for evaluating sensitivities in traded commodity supply chains

Science.gov (United States)

Domeisen, Daniela; Slavov, Georgi

2015-04-01

Weather information on seasonal timescales is crucial to various end users, from the level of subsistence farming to the government level. Also the financial industry is ever more aware of and interested in the benefits that early and correctly interpreted forecast information provides. Straight forward and often cited applications include the estimation of rainfall and temperature anomalies for drought - prone agricultural areas producing traded commodities, as well as some of the rather direct impacts of weather on energy production. Governments, weather services, as well as both academia and private companies are working on tailoring climate and weather information to a growing number of customers. However, also other large markets, such as coal, iron ore, and gas, are crucially dependent on seasonal weather information and forecasts, while the needs are again very dependent on the direction of the predicted signal. So far, relatively few providers in climate services address these industries. All of these commodities show a strong seasonal and weather dependence, and an unusual winter or summer can crucially impact their demand and supply. To name a few impacts, gas is crucially driven by heating demand, iron ore excavation is dependent on the available water resources, and coal mining is dependent on winter temperatures and rainfall. This contribution will illustrate and provide an inside view of the type of climate and weather information needed for the various large commodity industries.

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

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

What are we missing? Scope 3 greenhouse gas emissions accounting in the metals and minerals industry

Science.gov (United States)

Greene, Suzanne E.

2018-05-01

Metal and mineral companies have significant greenhouse gas emissions in their upstream and downstream value chains due to outsourced extraction, beneficiation and transportation activities, depending on a firm's business model. While many companies move towards more transparent reporting of corporate greenhouse gas emissions, value chain emissions remain difficult to capture, particularly in the global supply chain. Incomplete reports make it difficult for companies to track emissions reductions goals or implement sustainable supply chain improvements, especially for commodity products that form the base of many other sector's value chains. Using voluntarily-reported CDP data, this paper sheds light on hotspots in value chain emissions for individual metal and mineral companies, and for the sector as a whole. The state of value chain emissions reporting for the industry is discussed in general, with a focus on where emissions could potentially be underestimated and how estimates could be improved.

Economic drivers of mineral supply

Science.gov (United States)

Wagner, Lorie A.; Sullivan, Daniel E.; Sznopek, John L.

2003-01-01

The debate over the adequacy of future supplies of mineral resources continues in light of the growing use of mineral-based materials in the United States. According to the U.S. Geological Survey, the quantity of new materials utilized each year has dramatically increased from 161 million tons2 in 1900 to 3.2 billion tons in 2000. Of all the materials used during the 20th century in the United States, more than half were used in the last 25 years. With the Earth?s endowment of natural resources remaining constant, and increased demand for resources, economic theory states that as depletion approaches, prices rise. This study shows that many economic drivers (conditions that create an economic incentive for producers to act in a particular way) such as the impact of globalization, technological improvements, productivity increases, and efficient materials usage are at work simultaneously to impact minerals markets and supply. As a result of these economic drivers, the historical price trend of mineral prices3 in constant dollars has declined as demand has risen. When price is measured by the cost in human effort, the price trend also has been almost steadily downward. Although the United States economy continues its increasing mineral consumption trend, the supply of minerals has been able to keep pace. This study shows that in general supply has grown faster than demand, causing a declining trend in mineral prices.

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)

LNG: a commodity in the making

Energy Technology Data Exchange (ETDEWEB)

Chabrelie, M.F

2006-07-01

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)

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)

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.

Network governance in electricity distribution: Public utility or commodity

International Nuclear Information System (INIS)

Kuenneke, Rolf; Fens, Theo

2005-01-01

This paper addresses the question whether the operation and management of electricity distribution networks in a liberalized market environment evolves into a market driven commodity business or might be perceived as a genuine public utility task. A framework is developed to classify and compare different institutional arrangements according to the public utility model and the commodity model. These models are exemplified for the case of the Dutch electricity sector. It appears that the institutional organization of electricity distribution networks is at the crossroads of two very different institutional development paths. They develop towards commercial business if the system characteristics of the electricity sector remain basically unchanged to the traditional situation. If however innovative technological developments allow for a decentralization and decomposition of the electricity system, distribution networks might be operated as public utilities while other energy services are exploited commercially. (Author)

Electron Transfer Strategies Regulate Carbonate Mineral and Micropore Formation

Science.gov (United States)

Zeng, Zhirui; Tice, Michael M.

2018-01-01

Some microbial carbonates are robust biosignatures due to their distinct morphologies and compositions. However, whether carbonates induced by microbial iron reduction have such features is unknown. Iron-reducing bacteria use various strategies to transfer electrons to iron oxide minerals (e.g., membrane-bound enzymes, soluble electron shuttles, nanowires, as well as different mechanisms for moving over or attaching to mineral surfaces). This diversity has the potential to create mineral biosignatures through manipulating the microenvironments in which carbonate precipitation occurs. We used Shewanella oneidensis MR-1, Geothrix fermentans, and Geobacter metallireducens GS-15, representing three different strategies, to reduce solid ferric hydroxide in order to evaluate their influence on carbonate and micropore formation (micro-size porosity in mineral rocks). Our results indicate that electron transfer strategies determined the morphology (rhombohedral, spherical, or long-chained) of precipitated calcium-rich siderite by controlling the level of carbonate saturation and the location of carbonate formation. Remarkably, electron transfer strategies also produced distinctive cell-shaped micropores in both carbonate and hydroxide minerals, thus producing suites of features that could potentially serve as biosignatures recording information about the sizes, shapes, and physiologies of iron-reducing organisms.

Inhalation hazards to uranium miners

International Nuclear Information System (INIS)

Cross, F.T.

1987-01-01

Using both large and small experimental animals, this project is investigating levels of uranium-mine air contaminants that produce respiratory system disease in miners. Lung cancer incidence and deaths from degenerative lung disease are significantly elevated among uranium miners, but the cause-effect relationships for these diseases are based on inadequate epidemiological data. This project identifies agents or combinations of agents (both chemical and radiological), and their exposure levels, that produce respiratory tract lesions, including respiratory epithelial carcinoma, pneumoconiosis, and emphysema. Histopathological data for 100-working-level (WL) exposure rates show a significant increase in lung tumor risk over 1000-WL exposure rates for comparable cumulative radon-daughter exposures. Exposure of rats to radon daughters and other contaminants continues; the exposure of beagle dogs to uranium ore dust alone was terminated. Renal function and hematology data on ore-dust-exposed dogs are reported. 1 figure, 5 tables

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

A change in a competitive economy with indivisible commodities

OpenAIRE

Takayuki Oishi; Shin Sakaue

2008-01-01

We consider the relationship between a traditional competitive market and a competitive market with middlemen for trading indivisible commodities. We demonstrate that existence of many homogeneous middlemen leads to a change from the market with middlemen to the bilateral market.

Modelling Long Memory Volatility in Agricultural Commodity Futures Returns

NARCIS (Netherlands)

R. Tansuchat (Roengchai); C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

2009-01-01

textabstractThis paper estimates the long memory volatility model for 16 agricultural commodity futures returns from different futures markets, namely corn, oats, soybeans, soybean meal, soybean oil, wheat, live cattle, cattle feeder, pork, cocoa, coffee, cotton, orange juice, Kansas City wheat,

Modelling Long Memory Volatility in Agricultural Commodity Futures Returns

NARCIS (Netherlands)

C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

2012-01-01

textabstractThis paper estimates a long memory volatility model for 16 agricultural commodity futures returns from different futures markets, namely corn, oats, soybeans, soybean meal, soybean oil, wheat, live cattle, cattle feeder, pork, cocoa, coffee, cotton, orange juice, Kansas City wheat,

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.

Apparent Consumption vs. Total Consumption--A Lead-Acid Battery Case Study

Science.gov (United States)

Wilburn, David R.; Buckingham, David A.

2006-01-01

Introduction: This report compares estimates of U.S. apparent consumption of lead with estimates of total U.S. consumption of this mineral commodity from a materials flow perspective. The difference, attributed to the amount of lead contained in imported and exported products, was found to be significant for this sector. The study also assesses the effects of including mineral commodities incorporated in manufactured products on the interpretation of observed trends in minerals consumption and trade. Materials flow is a systems approach to understanding what happens to the materials we use from the time a material is extracted, through its processing and manufacturing, to its ultimate disposition. The U.S. Geological Survey (USGS) provides accurate and detailed mineral production and mineral commodity consumption statistics that are essential for government, nongovernment organizations, and the public to gain a better understanding of how and where materials are used and their effect on the environment and society. Published statistics on mineral apparent consumption are limited to estimates of consumption of raw material forms (ore, concentrate, and [or] refined metal). For this study, apparent consumption is defined as mine production + secondary refined production + imports (concentrates and refined metal) ? exports (concentrates and refined metal) + adjustments for government and industry stock changes. These estimates do not account for the amount of mineral commodities contained in manufactured products that are imported to the United States, nor do they deduct the amount of these mineral commodities contained in manufactured products that are exported from the United States. When imports or exports of manufactured products contribute significantly to the total use of a particular raw material, an estimate of consumption that does not consider the incorporated forms of these mineral commodities within imported or exported manufactured products can be either

Deforestation risk due to commodity crop expansion in sub-Saharan Africa

Science.gov (United States)

Ordway, Elsa M.; Asner, Gregory P.; Lambin, Eric F.

2017-04-01

Rapid integration of global agricultural markets and subsequent cropland displacement in recent decades increased large-scale tropical deforestation in South America and Southeast Asia. Growing land scarcity and more stringent land use regulations in these regions could incentivize the offshoring of export-oriented commodity crops to sub-Saharan Africa (SSA). We assess the effects of domestic- and export-oriented agricultural expansion on deforestation in SSA in recent decades. Analyses were conducted at the global, regional and local scales. We found that commodity crops are expanding in SSA, increasing pressure on tropical forests. Four Congo Basin countries, Sierra Leone, Liberia, and Côte d’Ivoire were most at risk in terms of exposure, vulnerability and pressures from agricultural expansion. These countries averaged the highest percent forest cover (58% ± 17.93) and lowest proportions of potentially available cropland outside forest areas (1% ± 0.89). Foreign investment in these countries was concentrated in oil palm production (81%), with a median investment area of 41 582 thousand ha. Cocoa, the fastest expanding export-oriented crop across SSA, accounted for 57% of global expansion in 2000-2013 at a rate of 132 thousand ha yr-1. However, cocoa only amounted to 0.89% of foreign land investment. Commodity crop expansion in SSA appears largely driven by small- and medium-scale farmers rather than industrial plantations. Land-use changes associated with large-scale investments remain to be observed in many countries. Although domestic demand for commodity crops was associated with most agricultural expansion, we provide evidence of a growing influence of distant markets on land-use change in SSA.

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...

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)

AN OVERVIEW OF MAJOR SOURCES OF DATA AND ANALYSES RELATING TO PHYSICAL FUNDAMENTALS IN INTERNATIONAL COMMODITY MARKETS

OpenAIRE

Pilar Fajarnes

2011-01-01

The debate on whether price movements in commodity markets are determined by changes in physical supply and demand fundamentals or by the speculative effects of financial investors seems to find some element of agreement on one particular point: the need for increased transparency and improved information on futures markets and physical commodity markets. This discussion paper provides an assessment of the current situation with regard to availability of information on physical commodity mark...

The review of recent carbonate minerals processing technology

Science.gov (United States)

Solihin

2018-02-01

Carbonate is one of the groups of minerals that can be found in relatively large amount in the earth crust. The common carbonate minerals are calcium carbonate (calcite, aragonite, depending on its crystal structure), magnesium carbonate (magnesite), calcium-magnesium carbonate (dolomite), and barium carbonate (barite). A large amount of calcite can be found in many places in Indonesia such as Padalarang, Sukabumi, and Tasikmalaya (West Java Provence). Dolomite can be found in a large amount in Gresik, Lamongan, and Tuban (East Java Provence). Magnesite is quite rare in Indonesia, and up to the recent years it can only be found in Padamarang Island (South East Sulawesi Provence). The carbonate has been being exploited through open pit mining activity. Traditionally, calcite can be ground to produce material for brick production, be carved to produce craft product, or be roasted to produce lime for many applications such as raw materials for cement, flux for metal smelting, etc. Meanwhile, dolomite has traditionally been used as a raw material to make brick for local buildings and to make fertilizer for coconut oil plant. Carbonate minerals actually consist of important elements needed by modern application. Calcium is one of the elements needed in artificial bone formation, slow release fertilizer synthesis, dielectric material production, etc. Magnesium is an important material in automotive industry to produce the alloy for vehicle main parts. It is also used as alloying element in the production of special steel for special purpose. Magnesium oxide can be used to produce slow release fertilizer, catalyst and any other modern applications. The aim of this review article is to present in brief the recent technology in processing carbonate minerals. This review covers both the technology that has been industrially proven and the technology that is still in research and development stage. One of the industrially proven technologies to process carbonate mineral is

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

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Fraud in or in connection with... 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...

Performing Free Radioactive Certificate as an Effort to Protect Import and Export Commodities in Globalization Era

International Nuclear Information System (INIS)

Kunto-Wiharto; Syarbaini

2001-01-01

Several activities such as nuclear weapon tests, nuclear fuel reprocessing and nuclear accidents have caused radioactive contamination in local, regional and global environment. In globalization and free trade era, every country will be faced to the condition with the movable commodities from and to another countries. Global contamination through import and export commodities is a problem will be found every country in the future. Therefore, performing free radioactive certification on import and export commodities must be carried out to protect a member of public and environment from radioactive contamination. (author)

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.

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.

Geology of the Vienna Mineralized Area, Blaine and Camas Counties, Idaho

Science.gov (United States)

Mahoney, J. Brian; Horn, Michael C.

2005-01-01

The Vienna mineralized area of south-central Idaho was an important silver-lead-producing district in the late 1800s and has intermittently produced lead, silver, zinc, copper, and gold since that time. The district is underlain by biotite granodiorite of the Cretaceous Idaho batholith, and all mineral deposits are hosted by the biotite granodiorite. The granodiorite intrudes Paleozoic sedimentary rocks of the Sun Valley Group, is overlain by rocks of the Eocene Challis Volcanic Group, and is cut by numerous northeast-trending Eocene faults and dikes. Two mineralogically and texturally distinct vein types are present in a northwest- and east-trending conjugate shear-zone system. The shear zones postdate granodiorite emplacement and joint formation, but predate Eocene fault and dike formation. Ribbon veins consist of alternating bands of massive vein quartz and silver-sulfide (proustite and pyrargyrite) mineral stringers. The ribbon veins were sheared and brecciated during multiple phases of injection of mineralizing fluids. A quartz-sericite-pyrite-galena vein system was subsequently emplaced in the brecciated shear zones. Both vein systems are believed to be the product of mesothermal, multiphase mineralization. K-Ar dating of shear-zone sericite indicates that sericitization occurred at 80.7?2.8 Ma; thus mineralization in the Vienna mineralized area probably is Late Cretaceous in age.

75 FR 16453 - Nasdaq OMX Commodities Clearing-Finance, LLC; Supplemental Notice That Initial Market-Based Rate...

Science.gov (United States)

2010-04-01

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER10-914-000] Nasdaq OMX Commodities Clearing--Finance, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...-referenced proceeding of Nasdaq OMX Commodities Clearing--Finance, LLC's application for market- based rate...

48 CFR 470.202 - Acquisition of commodities for United States Agency for International Development (USAID) programs.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Acquisition of commodities... Federal Acquisition Regulations System DEPARTMENT OF AGRICULTURE FOOD ASSISTANCE PROGRAMS COMMODITY...) programs. (a) Lowest landed cost and delivery considerations. (1) Except as provided in paragraphs (a)(3...

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

African Journals Online (AJOL)

Commodity Alliance Model – An Option for Advancing Private and Commercial ... that ensure adequate value addition and ultimate remunerative price for farmers' ... and integrating them in terms of fair price determination, information flow and ...

Electron Transfer Strategies Regulate Carbonate Mineral and Micropore Formation.

Science.gov (United States)

Zeng, Zhirui; Tice, Michael M

2018-01-01

Some microbial carbonates are robust biosignatures due to their distinct morphologies and compositions. However, whether carbonates induced by microbial iron reduction have such features is unknown. Iron-reducing bacteria use various strategies to transfer electrons to iron oxide minerals (e.g., membrane-bound enzymes, soluble electron shuttles, nanowires, as well as different mechanisms for moving over or attaching to mineral surfaces). This diversity has the potential to create mineral biosignatures through manipulating the microenvironments in which carbonate precipitation occurs. We used Shewanella oneidensis MR-1, Geothrix fermentans, and Geobacter metallireducens GS-15, representing three different strategies, to reduce solid ferric hydroxide in order to evaluate their influence on carbonate and micropore formation (micro-size porosity in mineral rocks). Our results indicate that electron transfer strategies determined the morphology (rhombohedral, spherical, or long-chained) of precipitated calcium-rich siderite by controlling the level of carbonate saturation and the location of carbonate formation. Remarkably, electron transfer strategies also produced distinctive cell-shaped micropores in both carbonate and hydroxide minerals, thus producing suites of features that could potentially serve as biosignatures recording information about the sizes, shapes, and physiologies of iron-reducing organisms. Key Words: Microbial iron reduction-Micropore-Electron transfer strategies-Microbial carbonate. Astrobiology 18, 28-36.

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.

45 CFR 205.25 - Eligibility of supplemental security income beneficiaries for food stamps or surplus commodities.

Science.gov (United States)

2010-10-01

... beneficiaries for food stamps or surplus commodities. 205.25 Section 205.25 Public Welfare Regulations Relating....25 Eligibility of supplemental security income beneficiaries for food stamps or surplus commodities... XVI of the Social Security Act, the State agency shall make the following determinations: (1) The...

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...

Non-autoclaved aerated concrete with mineral additives

Science.gov (United States)

Il'ina, L. V.; Rakov, M. A.

2016-01-01

We investigated the effect of joint grinding of Portland cement clinker, silica and carbonate components and mineral additives to specific surface of 280 - 300 m2/kg on the properties (strength, average density and thermal conductivity) of non-autoclaved aerated concrete, and the porosity of the hardened cement paste produced from Portland cement clinker with mineral additives. The joint grinding of the Portland cement clinker with silica and carbonate components and mineral additives reduces the energy consumption of non-autoclaved aerated concrete production. The efficiency of mineral additives (diopside, wollastonite) is due to the closeness the composition, the type of chemical bonds, physical and chemical characteristics (specific enthalpy of formation, specific entropy) to anhydrous clinker minerals and their hydration products. Considering the influence of these additions on hydration of clinker minerals and formation of hardened cement paste structure, dispersed wollastonite and diopside should be used as mineral additives. The hardness and, consequently, the elastic modulus of diopside are higher than that of hardened cement paste. As a result, there is a redistribution of stresses in the hardened cement paste interporous partitions and hardening, both the partitions and aerated concrete on the whole. The mineral additives introduction allowed to obtain the non-autoclaved aerated concrete with average density 580 kg/m3, compressive strength of 3.3 MPa and thermal conductivity of 0.131 W/(m.°C).

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...

Dependence structure of the commodity and stock markets, and relevant multi-spread strategy

Science.gov (United States)

Kim, Min Jae; Kim, Sehyun; Jo, Yong Hwan; Kim, Soo Yong

2011-10-01

Understanding the dependence structure between the commodity and stock markets is a crucial issue in constructing a portfolio. It can also help us to discover new opportunities to implement spread trading using multiple assets classified in the two different markets. This study analyzed the dependence structure of the commodity and stock markets using the random matrix theory technique and network analysis. Our results show that the stock and commodity markets must be handled as completely separated asset classes except for the oil and gold markets, so the performance enhancement of the mean-variance portfolio is significant as expected. In light of the fact that WTI 1 month futures and four oil-related stocks are strongly correlated, they were selected as basic ingredients to complement the multi-spread convergence trading strategy using a machine learning technique called the AdaBoost algorithm. The performance of this strategy for non-myopic investors, who can endure short-term loss, can be enhanced significantly on a risk measurement basis.

Diurnal variations in milk macro-mineral concentrations in Holstein dairy cows in Urmia, Iran

Directory of Open Access Journals (Sweden)

Shahram Nozad

2012-12-01

Full Text Available Milk samples from high and low milk producer Holstein cows, were obtained during the morning and afternoon milking over a one week period. Overall, 1064 samples were tested within 14 times sampling in Urmia, Iran. Milk macro-mineral concentrations in the morning milking and in low producers were greater than in the afternoon and in high producers. The highest and lowest concentrations were observed in Na+ and Mg++, respectively. Mean milk values between low and high producers in the morning, afternoon and daily milking times were different (p < 0.05. The individual comparison of milk parameters between both groups in the different milking times were also different (p < 0.05. The results of correlation among macro-minerals in the morning, afternoon and overall milking showed significant and positive correlations among all macro-minerals except for Na+ and K+, in which there was a significant negative correlation (p < 0.05. The highest and lowest correlations were found between Ca++ and inorganic phosphorus (IP (r=0.37, p < 0.05 and Na+ and IP (r=0.10, p < 0.05, respectively. It is concluded that the concentration of macro-minerals in different producers varied between milking times. The sodium concentration was the highest while Mg++ was the lowest among macro-minerals. The correlation between Ca++/ IP was the highest, while Na+/K+ revealed a negative correlation. Therefore, by organizing the appropriate macro-minerals in the ration, it would be possible to achieve an optimal purpose from animal husbandry.

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

Preliminary Mineral Resource Assessment of Selected Mineral Deposit Types in Afghanistan

Science.gov (United States)

Ludington, Steve; Orris, Greta J.; Bolm, Karen S.; Peters, Stephen G.; ,

2007-01-01

INTRODUCTION Wise decision-making and management of natural resources depend upon credible and reliable scientific information about the occurrence, distribution, quantity and quality of a country's resource base. Economic development decisions by governments require such information to be part of a Mineral Resource Assessment. Such Mineral Assessments are also useful to private citizens and international investors, consultants, and companies prior to entry and investment in a country. Assessments can also be used to help evaluate the economic risks and impact on the natural environment associated with development of resources. In February 2002, at the request of the Department of State and the then U.S. Ambassador to Afghanistan (Robert P. Finn), the U.S. Geological Survey (USGS) prepared a detailed proposal addressing natural resources issues critical to the reconstruction of Afghanistan. The proposal was refined and updated in December 2003 and was presented as a 5-year work plan to USAID-Kabul in February 2004. USAID-Kabul currently funds this plan and this report presents a part of the preliminary results obligated for fiscal year 2006. A final Preliminary Assessment of the Non Fuel Mineral Resource of Afghanistan will be completed and delivered at the end of fiscal year 2007. Afghanistan has abundant metallic and non-metallic resources, but the potential resources have never been systematically assessed using modern methods. Much of the existing mineral information for Afghanistan was gathered during the 1950s and continued in the late 1980s until the departure of the geologic advisors from the Soviet Union. During this period, there were many mineral-related activities centered on systematic geologic mapping of the country, collection of geochemical and rock samples, implementation of airborne geophysical surveys, and exploration focused on the discovery of large mineral deposits. Many reports, maps, charts, and tables were produced at that time. Some of

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...

Development of gravity theory application in the internalregional inter-zone commodity movement distribution with the origin zone movement generation boundary

Science.gov (United States)

Akbardin, J.; Parikesit, D.; Riyanto, B.; TMulyono, A.

2018-05-01

Zones that produce land fishery commodity and its yields have characteristics that is limited in distribution capability because infrastructure conditions availability. High demand for fishery commodities caused to a growing distribution at inefficient distribution distance. The development of the gravity theory with the limitation of movement generation from the production zone can increase the interaction inter-zones by distribution distances effectively and efficiently with shorter movement distribution distances. Regression analysis method with multiple variable of transportation infrastructure condition based on service level and quantitative capacity is determined to estimate the 'mass' of movement generation that is formed. The resulting movement distribution (Tid) model has the equation Tid = 27.04 -0.49 tid. Based on barrier function of power model with calibration value β = 0.0496. In the way of development of the movement generation 'mass' boundary at production zone will shorten the distribution distance effectively with shorter distribution distances. Shorter distribution distances will increase the accessibility inter-zones to interact according to the magnitude of the movement generation 'mass'.

Irradiation as a phytosanitary treatment of food and agricultural commodities. Proceedings of a final research coordination meeting

International Nuclear Information System (INIS)

2004-11-01

World trade in fresh horticultural produce, durables and ornamentals continues to grow. Accompanying increased trade in agricultural products is the increased risk for inadvertently transporting quarantine pests to countries or regions where they do not occur. Quarantined pests, including insects such as fruit flies, beetles, moths, scales, mealybugs, thrips, and mites, can seriously disrupt marketing of fresh agricultural products not only between countries, but also between geographical areas within countries (e.g. Florida to California; Hawaii to mainland USA; Queensland to Victoria, Australia; Okinawa to Japan) unless accepted postharvest quarantine treatments are available. Quarantine or phytosanitary treatments (such as fumigation, heat, cold or irradiation) disinfest host commodities of insect pests before they are moved through market channels to areas where the pests do not occur. Among the phytosanitary treatments, irradiation is recognized as a versatile treatment with broadspectrum activity against arthropod pests at dose levels that have minimal adverse effects on the quality of most commodities. The Joint FAO/IAEA Division of Nuclear Techniques in Food and Agriculture, initiated in 1998 a Coordinated Research Project (CRP) on Irradiation as a Phytosanitary Treatment of Food and Agricultural Commodities. This CRP included 16 participants from Australia, Brazil, Chile, China (2), India, Islamic Republic of Iran, Japan, Malaysia, Philippines, Poland, Syrian Arab Republic, Thailand, Turkey and the USA (2). Research coordination meetings were held in Bangkok, Thailand, 29 March - 2 April 1999; Fresno, California, 13-16 November 2001; and Vienna, 2-4 November 2002. This CRP built on the achievements of two previous CRPs on Irradiation as a Quarantine Treatment of Fresh Fruits and Vegetables, (1986-1990), and Irradiation as a Quarantine Treatment of Mites, Nematodes and Insects other than Fruit Flies(1992-1997). This publication presents the research results

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...

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%.

Minerals on postage stamps: A mix of art, history, economics and geography

Science.gov (United States)

Glover, Paul

2010-05-01

Most people would agree that minerals represent some of the most beautiful natural objects known to mankind, especially in the form of precious and semi-precious gemstones. It is hardly surprising, therefore, that they are often illustrated on stamps. Examples are the fine crystalline forms represented as coloured etchings in the French 1986 issue, and the stylized simplicity of the mineral stamps that were part of the Swiss Pro Patria series, issued annually between 1958 and 1961. I aim in this presentation to introduce the beautiful world of mineral illustrations on stamps. The talk cannot be comprehensive because of the very large number of minerals and stamps concerned, but it will introduce the range of minerals depicted on stamps, then look in some greater detail at several sets from France, Southern Africa and East Germany. Minerals become the subject of sets of stamps for many reasons. In many cases, it is part of an attempt by the particular national post office to depict the whole of the natural history of their country in stamp form - a statement of nationality and politics. The 1986 French issue was an example which followed sets of stamps that had already portrayed insects, flowers, trees and birds native to France. We also find that certain countries have produced several sets of stamps to mark the importance to their economy of mining particular minerals. Many African states depend upon minerals for much of their wealth and economic power, explaining why, for instance, Sierra Leone issued over 35 stamps on the subject of diamonds between 1965 and 1978, and why over 77% of mineral stamps come from countries with major mining interests. Countries with traditional links with the history of the study of geology and mining also produce mineral stamps. These are usually European countries with a long record of the study of the Earth, such as Germany and Switzerland. Curiously enough, though, despite its fine tradition of geological observation and research

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.

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.

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...

Thallium in mineral resources extracted in Poland

Directory of Open Access Journals (Sweden)

Bojakowska I.

2013-04-01

Full Text Available Thallium concentrations in primary mineral commodities extracted in Poland and processed in high temperatures were determined by ICP-MS method. Samples of hard and brown coal, copper-silver and zinclead ores, argillaceous and calcareous rocks of different genesis and age were analyzed. The highest thallium concentrations occur in the zinc-lead ores, the average content being of 52.1 mg/kg. The copper ores contain in average 1.4 mg/kg of thallium. Hard coals from the Upper Silesian Coal Basin display higher thallium content than those exploited in the Lublin Coal Basin. Brown coals from Turow deposit distinguish by much higher values, 0.7 mg/kg Tl, than those from huge Bełchatów and smaller Konin-Turek region deposits. Average thallium concentrations in clays used for ceramic materials are lower than 1 mg/kg, except of Mio-Pliocene Slowiany deposit. The average content of thallium in the studied limestone and dolomite raw materials for cement, lime, and metallurgical flux, and refractories is very low in comparison to the average amounts in the world carbonate rocks.

Gemstones and geosciences in space and time. Digital maps to the "Chessboard classification scheme of mineral deposits"

Science.gov (United States)

Dill, Harald G.; Weber, Berthold

2013-12-01

The gemstones, covering the spectrum from jeweler's to showcase quality, have been presented in a tripartite subdivision, by country, geology and geomorphology realized in 99 digital maps with more than 2600 mineralized sites. The various maps were designed based on the "Chessboard classification scheme of mineral deposits" proposed by Dill (2010a, 2010b) to reveal the interrelations between gemstone deposits and mineral deposits of other commodities and direct our thoughts to potential new target areas for exploration. A number of 33 categories were used for these digital maps: chromium, nickel, titanium, iron, manganese, copper, tin-tungsten, beryllium, lithium, zinc, calcium, boron, fluorine, strontium, phosphorus, zirconium, silica, feldspar, feldspathoids, zeolite, amphibole (tiger's eye), olivine, pyroxenoid, garnet, epidote, sillimanite-andalusite, corundum-spinel - diaspore, diamond, vermiculite-pagodite, prehnite, sepiolite, jet, and amber. Besides the political base map (gems by country) the mineral deposit is drawn on a geological map, illustrating the main lithologies, stratigraphic units and tectonic structure to unravel the evolution of primary gemstone deposits in time and space. The geomorphological map is to show the control of climate and subaerial and submarine hydrography on the deposition of secondary gemstone deposits. The digital maps are designed so as to be plotted as a paper version of different scale and to upgrade them for an interactive use and link them to gemological databases.

43 CFR 19.8 - Prospecting, mineral locations, mineral patents, and mineral leasing within National Forest...

Science.gov (United States)

2010-10-01

... patents, and mineral leasing within National Forest Wilderness. 19.8 Section 19.8 Public Lands: Interior... § 19.8 Prospecting, mineral locations, mineral patents, and mineral leasing within National Forest... locations, mineral patents, and mineral leasing within National Forest Wilderness are contained in parts...

The impact of global oil price shocks on China’s bulk commodity markets and fundamental industries

International Nuclear Information System (INIS)

Zhang, Chuanguo; Chen, Xiaoqing

2014-01-01

This paper investigated the reaction of aggregate commodity market to oil price shocks and also explored the effects of oil price shocks on China's fundamental industries: metals, petrochemicals, grains and oilfats. We separated the volatilities of oil price into expected, unexpected and negatively expected categories to identify how oil prices influence bulk commodity markets. We contrasted the results between different periods and among classified indices, in order to discover the significant changes in recent years and the differences at an industry level. Our results indicate that the aggregate commodity market was affected by both expected and unexpected oil price volatilities in China. The impact of unexpected oil price volatilities became more complex after 2007. The metals and grains indices did not significantly respond to the expected volatility in oil prices, in contrast to the petrochemicals and oilfats indices. These results not only contribute to advancing the existing literature, but also merit particular attention from policy makers and market investors in China. - Highlights: • We investigated the impact of global oil price shocks on China’s bulk commodity markets and fundamental industries. • The aggregate commodity market was affected by both expected and unexpected oil price volatilities. • The impact of unexpected oil price volatilities became more complex after 2007. • The metals and grains indices did not significantly respond to the expected volatility in oil prices

The Impact of the Global Commodity and Financial Crises on Poverty in Vietnam

DEFF Research Database (Denmark)

Thurlow, James; Tarp, Finn; McCoy, Simon

Economic growth in Vietnam has been fairly resilient to the global commodity and financial crises, but it is unclear why. In addition, the impact of the crises on employment and poverty is in dispute. We develop a dynamic computable general equilibrium model to decompose impacts and estimate...... distributional outcomes. Our results indicate that the 2008 commodity crisis increased employment and reduced poverty by favouring labour-intensive exports, especially in agriculture. The 2009 financial crisis reversed these gains. It pushed more than a million workers into unemployment and about 3 million...

Aromatherapy Oils: Commodities, Materials, Essences

Directory of Open Access Journals (Sweden)

Ruth Barcan

2014-08-01

Full Text Available 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 of things. Aromatherapy, on the other hand, could benefit from the enriched political understanding associated with classic materialist critique. New materialist strains of cultural studies may also find the vibrancy of matter that underpins many CAM/New Age practices worthy of examination.

Bone mineral density in reflex sympathetic dystrophy

International Nuclear Information System (INIS)

Saghaphi, M.; Azarian, A.

2002-01-01

Objectives: Reflex Sympathetic Dystrophy (RSD) is a complex of symptoms that produce pain burning sensation, swelling, tenderness, autonomic and physical dysfunction in joint areas, particularly distal of a limb. Osteopenia or osteoporosis is an important finding that is produced gradually in involved limb. Three phase bone can scan help to diagnosis of RSD. The disease may be bilateral but is mostly unilateral. As it is believed that bone densitometry will show osteopenia more accurate than plain comparative radiographs of the involved limbs, we investigated in patients with RSD. Methods: During last three years, 8 patients with RSD were admitted. Bone mineral density was measured for 5 patients by DEXA method. The patients were 3 males and 2 females with age range of 20 to 48 years (mean 32 years). The involved areas were ankle and foot in 4, and wrist and hand in one patient. Results: Mean Bone Mineral Content (BMC) of 4 involved lower limbs were 475 +-73 grams comparing with 516+-72 grams of uninvolved limbs (p t h patient was not significant. conclusion: comparative bone mineral density in patients with RSD of the lower limbs contributes to more accurate diagnosis than plain radiographs

Metal prices in the United States through 2010

Science.gov (United States)

,

2013-01-01

This report, which updates and revises the U.S. Geological Survey (USGS) (1999) publication, “Metal Prices in the United States Through 1998,” presents an extended price history for a wide range of metals available in a single document. Such information can be useful for the analysis of mineral commodity issues, as well as for other purposes. The chapter for each mineral commodity includes a graph of annual current and constant dollar prices for 1970 through 2010, where available; a list of significant events that affected prices; a brief discussion of the metal and its history; and one or more tables that list current dollar prices. In some cases, the metal prices presented herein are for some alternative form of an element or, instead of a price, a value, such as the value for an import as appraised by the U.S. Customs Service. Also included are the prices for steel, steel scrap, and iron ore—steel because of its importance to the elements used to alloy with it, and steel scrap and iron ore because of their use in steelmaking. A few minor metals, such as calcium, potassium, sodium, strontium, and thorium, for which price histories were insufficient, were excluded. The annual prices given may be averages for the year, yearend prices, or some other price as appropriate for a particular commodity. Certain trade journals have been the source of much of this price information—American Metal Market, ICIS Chemical Business, Engineering and Mining Journal, Industrial Minerals, Metal Bulletin, Mining Journal, Platts Metals Week, Roskill Information Services Ltd. commodity reports, and Ryan’s Notes. Price information also is available in minerals information publications of the USGS (1880–1925, 1996–present) and the U.S. Bureau of Mines (1926–95), such as Mineral Commodity Summaries, Mineral Facts and Problems, Mineral Industry Surveys, and Minerals Yearbook. In addition to prices themselves, these journals and publications contain information relevant to

Heavy mineral concentration from oil sand tailings

Energy Technology Data Exchange (ETDEWEB)

Chachula, F.; Erasmus, N. [Titanium Corp. Inc., Regina, SK (Canada)

2008-07-01

This presentation described a unique technique to recover heavy minerals contained in the froth treatment tailings produced by oil sand mining extraction operations in Fort McMurray, Alberta. In an effort to process waste material into valuable products, Titanium Corporation is developing technology to recover heavy minerals, primarily zircon, and a portion of bitumen contained in the final stage of bitumen processing. The process technology is being developed to apply to all mined oil sands operations in the Fort McMurray region. In 2004, Titanium Corporation commissioned a pilot research facility at the Saskatchewan Research Council to test dry oil sands tailings. In 2005, a bulk sampling pilot plant was connected to the fresh oil sands tailings pipeline on-site in Fort McMurray, where washed sands containing heavy minerals were processed at a pilot facility. The mineral content in both deposited tailings and fresh pipeline tailings was assessed. Analysis of fresh tailings on a daily basis identified a constant proportion of zircon and higher levels of associated bitumen compared with the material in the deposited tailings. The process flow sheet design was then modified to remove bitumen from the heavy minerals and concentrate the minerals. A newly modified flotation process was shown to be a viable processing route to recover the heavy minerals from froth treatment tailings. 8 refs., 9 tabs., 12 figs.

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).

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

An analysis on types of strategic commodities and technologies

Energy Technology Data Exchange (ETDEWEB)

Tae, Jaewoong; Shin, Donghun [Korea Institute of Nuclear Nonproliferation and Control, Daejeon (Korea, Republic of)

2013-05-15

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

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.

Distribution of clay minerals in the process streams produced by the extraction of bitumen from Athabasca oil sands

Energy Technology Data Exchange (ETDEWEB)

Kaminsky, H.A.W.; Etsell, T.H.; Ivey, D.G. [Alberta Univ., Edmonton, AB (Canada). Dept. of Chemical and Materials Engineering; Omotoso, O. [Natural Resources Canada, Devon, AB (Canada). CETC

2009-02-15

The clay minerals present in the oil sands were studied with particular reference to how they are partitioned in bitumen ore during the extraction process. Bitumen production from surface-mined oil sands accounts for nearly two-thirds of the total bitumen production in Alberta. Every cubic meter of mined ore results in 1.3 cubic meters of mature fine tailings (MFT). The characteristic differences between the clay minerals that report to the froth versus the tailings streams were also examined to determine which minerals could impact different unit operations in the bitumen extraction process. X-ray diffraction and random powder samples were used to quantify the clay minerals. Particle size distribution and clay activity balances were also conducted. The degree of partitioning during the conditioning and flotation stages in a batch extractor was determined by the surface properties of the clay minerals. The water-continuous tailings stream was separated into fine and coarse tailings fractions through sedimentation. The study showed that bitumen-clay interactions may be dominated by kaolinite or iron oxides. Clays are responsible for the poor settling behaviour of MFTs. The clay minerals present in the oil sands include illite, illite-smectite, kaolinite, kaolinite-smectite, and chlorite. The close proximity of the tailings ponds to the Athabasca River and volatile organic compounds (VOCs) emission require that the ponds be reclaimed to a natural landscape before mine closure. In addition to its impact on fine tailings reclamation, clay mineralogy plays a role in extraction froth flotation and emulsion stability during froth treatment. The mineralogy of the froth solids was found to be different from the mineralogy of the middlings and tailings solids. 39 refs., 6 tabs., 6 figs.