Re: [OPE] Asunto: US wheat market - perfectly competitive?

Hi Michael,

do you have any reference for this information, was the tunnels build
specially for that purpose etc.

Regards
Anders

At 03:19 18.12.2010, Michael Perelman wrote:
>The Chicago Board of Trade has underground tunnels to let the traders
>escape if farmers invaded the trading floor. Those farmers did not
>see wheat trade as perfect competition.
>
>On Fri, Dec 17, 2010 at 2:16 AM, Jurriaan Bendien
><jurriaanbendien@online.nl> wrote:
> > There are certainly books on the wheat agribusiness. I usually advise
> > academics to consult the Library of Congress catalogue. Why? because it is
> > the largest English language collection there is, and the catalogue is well
> > structured. If you type in "wheat" you get about 4,000 titles, you can
> > refine this search with terms like "wheat market", "agribusiness" etc.
> > Oxbridge also has good catalogues.
> >
> > I also googled with terms like "political economy of the wheat market" and
> > got quite a few hits. I found for example a fairly recent blog by Steve
> > Suppan, policy analyst at the Institute for Agriculture and Trade Policy
> > http://triplecrisis.com/speculation-and-the-new-commodity-price-crisis/
> >
> > I've used the example of a world market price for wheat in a wiki on ground
> > rent
> >
> http://en.wikipedia.org/wiki/Differential_and_Absolute_Ground_Rent It's only
> > an obscure topic though and gets only about 4,500 hits per year (not like
> > "commodity fetishism", which is more popular).
> >
> > Hope this helps,
> >
> > Jurriaan
> >
> >
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> >
>
>
>
>--
>Michael Perelman
>Economics Department
>California State University
>Chico, CA 95929
>530-898-5321
>fax 530-898-5901
>www.michaelperelman.wordpress.com
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Received on Sat Dec 18 05:22:54 2010