Commodity Price Volatility in the Biofuel Era: An Examination of the Linkage between Energy and Agricultural Markets

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Hertel, Thomas W.; Beckman, Jayson F.;
  • Subject: Resource /Energy Economics and Policy,
    • jel: jel:C68 | jel:Q1 | jel:Q4

Agricultural and energy commodity prices have traditionally exhibited relatively low – even negative correlation. However, the recent increases in biofuel production have altered the agriculture-energy relationship in a fundamental way. The amount of corn utilized for e... View more
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