IDEAS home Printed from https://ideas.repec.org/a/ags/rdeeag/190959.html
   My bibliography  Save this article

Preço Internacional, Taxa De Câmbio E O Preço Pago Aos Produtores Brasileiros De Soja

Author

Listed:
  • Sousa, Lucas Oliveira de
  • Ferreira, Marcelo Dias Paes

Abstract

This paper aimed to verify how the international soybean price and the exchange rate influenced the formation of domestic soybean prices in the four largest producers of this commodity in Brazil – Mato Grosso, Paraná, Rio Grande do Sul and Goiás, from 1996 to 2011. For this, the vector error correction (VEC) model and the Test of Granger Causality were used. The results indicated that variations in international soybean price and in the exchange rate affect soybean prices in the four states, and Mato Grosso was the only state whose price was not influenced by the other states prices. In the long run, changes in the international soybean market and the foreign exchange market are fully transmitted to domestic prices and these prices are more influenced by the international price. In the short run, the markets followed the price relation of Mato Grosso with the international price and exchange rate. We conclude that the concern of producers about changes in the exchange rate is relevant, but the international price is the main element of the formation of domestic prices, the markets analyzed are integrated and Mato Grosso has relevance in pricing in key markets of this commodity.

Suggested Citation

  • Sousa, Lucas Oliveira de & Ferreira, Marcelo Dias Paes, 2013. "Preço Internacional, Taxa De Câmbio E O Preço Pago Aos Produtores Brasileiros De Soja," Revista de Economia e Agronegócio / Brazilian Review of Economics and Agribusiness, Federal University of Vicosa, Department of Agricultural Economics, vol. 11(3), pages 1-20.
    • Handle: RePEc:ags:rdeeag:190959
    DOI: 10.22004/ag.econ.190959
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/190959/files/artigo%204.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.190959?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
    ---><---

    More about this item

    Keywords

    Demand and Price Analysis;

    Statistics

    Access and download statistics

    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:rdeeag:190959. 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.

    We have no bibliographic references for this item. You can help adding them by using 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/drufvbr.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.