IDEAS home Printed from https://ideas.repec.org/a/ags/ijofsd/97024.html
   My bibliography  Save this article

Media Analysis on Volatile Markets’ Dynamics and Adaptive Behavior for the Agri-Food System

Author

Listed:
  • von Davier, Zazie
  • Heyder, Matthias
  • Theuvsen, Ludwig

Abstract

The volatility of agricultural markets has increased remarkably in recent years. In spite of this, the way in which supply chain actors perceive market volatility has only rarely been analyzed. This paper seeks to close this research gap by presenting empirical findings about how the volatility of agricultural markets is perceived, how increasing market volatilities are being explained, and what adaptations to the volatile external environments are being suggested. Based on a large-scale media analysis, we have identified perceptions, which vary greatly over time, especially with regard to the perception of the threats and opportunities volatility creates for farms and firms and the most frequently identified reasons for volatile prices

Suggested Citation

  • von Davier, Zazie & Heyder, Matthias & Theuvsen, Ludwig, 2010. "Media Analysis on Volatile Markets’ Dynamics and Adaptive Behavior for the Agri-Food System," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 1(3), pages 1-12, October.
    • Handle: RePEc:ags:ijofsd:97024
    DOI: 10.22004/ag.econ.97024
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/97024/files/Davier-Heyder-%20Theuvsen.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.97024?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Oliver Musshoff & Martin Odening & Wei Xu, 2009. "Management of climate risks in agriculture-will weather derivatives permeate?," Applied Economics, Taylor & Francis Journals, vol. 43(9), pages 1067-1077.
    2. Bernhard Brümmer & Ulrich Koester & Jens-Peter Loy, 2008. "Weltgetreidemarkt: Anhaltender Boom oder kurzfristige Spekulationsblase?," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 88(10), pages 654-662, October.
    3. Brümmer, Bernhard & Koester, Ulrich & Loy, Jens-Peter, 2008. "Tendenzen auf dem Weltgetreidemarkt: anhaltender Boom oder kurzfristige Spekulationsblase?," DARE Discussion Papers 0807, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    4. von Witzke, Harald & Noleppa, Steffen & Schwarz, Gerald, 2009. "Global agricultural market trends revisited: The roles of energy prices and biofuel production," Working Paper Series 48596, Humboldt University Berlin, Department of Agricultural Economics.
    5. Musshoff, Oliver & Hirschauer, Norbert & Wassmuss, Harm, 2009. "The Role of Bounded Rationality in Farm Financing Decisions – First Empirical Evidence –," 2009 Conference, August 16-22, 2009, Beijing, China 51545, International Association of Agricultural Economists.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gollisch, Simon & Hedderich, Barbara & Theuvsenb, Ludwig, 2018. "Strategic Preferences of Farm Supply and Grain Elevator Businesses: Empirical Evidence from Germany," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 9(1), January.
    2. Guenther-Luebbers, Welf & Henke, Soren & Theuvsen, Ludwig, 2012. "Management of Volatility in the Grain Market," 123rd Seminar, February 23-24, 2012, Dublin, Ireland 122548, European Association of Agricultural Economists.
    3. repec:lic:licosd:40318 is not listed on IDEAS
    4. Assefa, Tsion & Lansink, Alfons G.J.M. & Meuwissen, Miranda, 2015. "Does price volatility matter? An assessment along EU food chains," 2015 Conference, August 9-14, 2015, Milan, Italy 210965, International Association of Agricultural Economists.
    5. Gregor Wolbring & Rachel Mackay, 2014. "Analysis of Newspaper Coverage of Food Security through a Disability Studies Lens," Journal of Sustainable Development, Canadian Center of Science and Education, vol. 7(4), pages 1-1, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. von Davier, Zazie & Heyder, Matthias & Theuvsen, Ludwig, 2010. "Food Chain Actors’ Perceptions of and Adaptations to Volatile Markets: Results of a Media Analysis," 2010 International European Forum, February 8-12, 2010, Innsbruck-Igls, Austria 100472, International European Forum on System Dynamics and Innovation in Food Networks.
    2. Saldias, Rodrigo & von Cramon-Taubadel, Stephan, 2012. "Access to credit and the determinants of technical inefficiency among specialized small farmers in Chile," DARE Discussion Papers 1211, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    3. Holst, Carsten, 2010. "How predictable are prices of agricultural commodities? The possibilities and constraints of forecasting wheat prices," IAMO Forum 2010: Institutions in Transition – Challenges for New Modes of Governance 52717, Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
    4. Busse, S. & Brümmer, B., 2010. "Bestimmung der Determinanten der Rapspreisentwicklung in der Hochpreisphase auf Basis von Markovzeitreihenmodellen," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 45, March.
    5. Lotze-Campen, Hermann & von Witzke, Harald & Noleppa, Steffen & Schwarz, Gerald, 2015. "Science for food, climate protection and welfare: An economic analysis of plant breeding research in Germany," Agricultural Systems, Elsevier, vol. 136(C), pages 79-84.
    6. Wurriehausen, Nadine & Ihle, Rico & Lakner, Sebastian, 2011. "The Integration of the Conventional and Organic Wheat Market," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115784, European Association of Agricultural Economists.
    7. Finger, Robert, 2012. "Biases in Farm-Level Yield Risk Analysis due to Data Aggregation," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 61(01), pages 1-14, February.
    8. Zhiwei Shen & Martin Odening, 2013. "Coping with systemic risk in index-based crop insurance," Agricultural Economics, International Association of Agricultural Economists, vol. 44(1), pages 1-13, January.
    9. Bokusheva, Raushan, 2010. "Measuring the dependence structure between yield and weather variables," MPRA Paper 22786, University Library of Munich, Germany.
    10. Mr. Dileep N, 2023. "Comparison of Rainfall and GDP: Feasibility of Introducing Rainfall Derivatives in the Indian Weather Risk Market," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 149-164.
    11. Ines Kapphan & Pierluigi Calanca & Annelie Holzkaemper, 2012. "Climate Change, Weather Insurance Design and Hedging Effectiveness," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 37(2), pages 286-317, April.
    12. M. Ritter & O. Mußhoff & M. Odening, 2014. "Minimizing Geographical Basis Risk of Weather Derivatives Using A Multi-Site Rainfall Model," Computational Economics, Springer;Society for Computational Economics, vol. 44(1), pages 67-86, June.
    13. Guenther-Lübbers, Welf & Arens, Ludwig & Theuvsen, Ludwig, 2013. "Climate-Adapted Soil Cultivation as an Aspect for Sustainable Farming –," 2013 International European Forum, February 18-22, 2013, Innsbruck-Igls, Austria 164769, International European Forum on System Dynamics and Innovation in Food Networks.
    14. Filonov, Vitaly & Vedenov, Dmitry V., 2011. "Applications of copulas to Analysis of Efficiency of Weather Derivatives as Primary Crop Insurance Instruments," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103972, Agricultural and Applied Economics Association.
    15. Appel, Franziska & Musshoff, Oliver, 2011. "How appropriate are myopic optimization models to predict decision behaviour: A comparison between agent-based models and business management games," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115994, European Association of Agricultural Economists.
    16. Finger, Robert, 2012. "How strong is the “natural hedge”? The effects of crop acreage and aggregation levels," 123rd Seminar, February 23-24, 2012, Dublin, Ireland 122538, European Association of Agricultural Economists.
    17. Kapphan, Ines, 2011. "Weather insurance design with optimal hedging effectiveness," MPRA Paper 35861, University Library of Munich, Germany.
    18. Dileep N, 2022. "Comparison of Rainfall and GDP: Feasibility of Introducing Rainfall Derivatives in the Indian Weather Risk Market," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 12(3), pages 125-140.
    19. Chatalova, Lioudmila & Müller, Daniel & Valentinov, Vladislav & Balmann, Alfons, 2016. "The rise of the food risk society and the changing nature of the technological treadmill," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 8(6), pages 1-10.
    20. Finger, Robert, 2012. "Biases in Farm-Level Yield Risk Analysis due to Data Aggregation," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 61(1).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ijofsd:97024. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/centmde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.