Physical Attractiveness in Modern Social

Supply, Demand and Pricing

Supply, Demand and Pricing Free Online Research Papers Who is familiar with corn market? Who cares about corn production, price, and its implication on producing biofuel? Not all of us but there are some people that are very interested in this market and they have a good reason for that: corn is the star on grains market . There is a growing demand for corn because the U.S. Department of Energy (DOE) and the U.S. Department of Agriculture (USDA) are both strongly committed to expanding the role of biomass as an energy source. In particular, they support biomass fuels and products as a way to reduce the need for oil and gas imports and to foster major new domestic industries - biorefineries - making a variety of fuels. Corn is a grain that is used mostly for food, it can be food for humans and can feed animals but lately it has another use – is used to produce biofuel and the amount of grains used to produce fuel is exploding. Corn importers like Japan, Egypt, and Mexico are worried that a reduction on US corn export will ruin their livestock and poultry industries. At the stock market, corn is trading at 10 years highs and the predictions are that will continue to grow. This prediction is based on the emerging competition between 800 million automobile owners who want to fuel their cars to maintain their mobility and the 2 billion poorest people in the world who wants to just have food on the table for their families. Thinking a little further, we can say that if the corn price keeps increasing food riots and political instability in countries as Indonesia, Nigeria, Mexico could disrupt global economical progress. Escalating competition for the US corn crop drives up the price for it. Besid e external competition it cannot be ignored the local competition of traditional feedlots, dairies, pork, poultry and egg producers who will have less corn available for their farms and at the end they will have to increase their prices on the meat market. As we can see starting from corn, its price and its new use for producing ethanol, which further is the biofuel, used to replace oil we came to understand that a shift in a single product on the market could produce a huge wave on other markets. Corn was a grain that was subsidized and has it price regulate by the state but since it can be used for fuel production the investment in this crop is driven by the price of oil because the conversion of agricultural commodities into fuel become hugely profitable. The huge profits from converting corn into ethanol following the late 2005 oil price hikes led to a switch toward building more distilleries to produce biofuel. A demand for corn will increase the price which will make more people to switch acreage to corn from soybeans, wheat and even cotton to cash in on the higher prices. All farmers will see this as an opportunity and they will not loose it. At this point in time, there is questionable how much corn production will increase because the predictions are that many landowners will produce corn in detriment of wheat, soybeans and rice. The corn-to-ethanol conversion rate is 2.7 gallons per bushel and that means a lot of corn to be produce to cover the biofuel needs of USA in order to keep the crud-oil price at a low rate. The highest factor on ethanol production is the high oil prices, which lead to greater interest in ethanol production and thus, higher corn prices. If the oil price goes down then the demand on producing ethanol will reduce the urgency to produce more ethanol and the corn price will fall, so the demand curve will change its trend. Looking at the map we can see that ethanol sector is adding over 2 billions gallons to its capacity. There is a hope that one-third of the corn byproduct that emerges from the distillery as distillers grain will offset the loss of corn for feeding but how we will offset the loss of corn for food? I wish to have the answer. Who would have thought that corn would become highly traded at the stock market? Hard to say that but it is clear it is in great demand and it will be for years to come. A shift in use – from food to fuel- and corn is the star. The demand for biofuel will increase and with the increase awareness for protection of our environment, the biofuel represent a good alternative. References: Hagen, Barbara – Corn has deep economic roots- USA Today-01/25/2007 – retrieved from EBSCOhost on March10, 2007 Truini, Joe – Food vs. fuel? – Waste News –01/22/2007- Vol 12 Issue 19, p 3-21 – retrieved from EBSCOhost on March11, 2007 ers.usda.gov/AmberWaves/Scripts/print.asp?page=/April06/Features/Ethanol.htm Research Papers on Supply, Demand and PricingDefinition of Export QuotasAnalysis of Ebay Expanding into AsiaGenetic EngineeringTwilight of the UAWBionic Assembly System: A New Concept of SelfMarketing of Lifeboy Soap A Unilever ProductOpen Architechture a white paperPETSTEL analysis of IndiaCapital PunishmentIncorporating Risk and Uncertainty Factor in Capital

Gender discrimination in East Asia Essay Example | Topics and Well Written Essays - 1500 words

Gender discrimination in East Asia - Essay Example Burying a newborn child because that is female, limiting the access of women to education, work and health, burying the wife of a person who dies are some common examples of gender discrimination in East Asia. Violence against women leads to robbing the aspiration and self-esteem of women which possess life-long psychological cost. In East Asia, female’s admission in primary school is as lower as 26% than male students. Such statistics are also observed in health sector. The ratio of female to male in population is worsening in areas like Central and North Asia, South Asia and Countries of Pacific Islands. In many East Asian countries, out of every 10 girls, one dies due to limited access to health and out of 50, one woman dies during delivery and pregnancy. Gender discrimination not only brings problems for female population of a country but also affects the social and economic development of a country. There is huge economic and social cost behind the ramifications of gender discrimination. Blocking the access of females to health and education is not only unfavorable for economic growth and social welfare but also becomes obstacle in the path of labor force participation and human capital development. Women’s silence and inability to practice their civil rights deprive them from having social participation and this phenomenon also obstructs economic growth. Thesis Statement This paper postulates that governments of East Asian countries must take step forward to eradicate the employment gender inequalities in all sectors of the economy. Point of Support 1- Huge Social and Economic Cost There is huge economic and social cost behind gender discrimination. Discrimination hinders women’s participation in social and economic activities, reduces productivity and distracts resources. According to a recent survey, higher female participation and increased employment among women increases the output and growth of that region as shown in the mentio ned table. Source: (World Bank, World Development Indicators Washington D.C., 2006) The above table reveals that from 1990 to 2004, the greatest effect has been on Malaysia, Indonesia and India, where the participation of female labor is lowest of all. These estimations reflect the opportunity cost that has been incurred on gender discrimination. The concept of working women is very common in the economy of United States, and the growth of United States is thereby higher than all the other mentioned countries. Lack of participation of women in political, legal, economic, social and other activities hinder the growth of economy. In a country where both male and female population is working, it seems to grow more profoundly than the country where only male population is working. Let us take an example of a family. A family where both parents are working will generate double income, but a family where only father is working, incurring expenditures of the entire family and meeting expen ses from single income, it will be difficult to recover all the expenses. Point of Support 2- Psychological Cost Gender discrimination poses life-long threats to women’s expertise, self-esteem and capabilities. It not only restricts their opportunities but also spoils aspirations of women. It sabotages their mentality of building self-direction and competence. The unnecessary restrictions which are imposed on women make them clinically depressive and produce a state of helplessness. Such factors compel women to contribute into global burden of illness. Another life-long resentment is that of an unwanted pregnancy which is then transferred to the child. In regions where there is not any