scholarly journals Modeling the Dependency between Extreme Prices of Selected Agricultural Products on the Derivatives Market Using the Linkage Function

2019 ◽  
Vol 11 (15) ◽  
pp. 4144 ◽  
Author(s):  
Zofia Gródek-Szostak ◽  
Gabriela Malik ◽  
Danuta Kajrunajtys ◽  
Anna Szeląg-Sikora ◽  
Jakub Sikora ◽  
...  
Keyword(s):  
Empirical Data ◽  
Global Scale ◽  
Agricultural Products ◽  
Time Interval ◽  
The European Union ◽  
Return Rates ◽  
Chicago Mercantile Exchange ◽  
Dependency Model ◽  
Derivatives Markets

The purpose of the article is to identify and estimate the dependency model for the extreme prices of agricultural products listed on the Chicago Mercantile Exchange. The article presents the results of the first stage of research covering the time interval 1975–2010. The selected products are: Corn, soybean and wheat. The analysis of the dependency between extreme price values on the selected futures was based on the estimation of five models of two-dimensional extreme value copulas, namely, the Galambos copula, the Gumbel copula, the Husler–Reiss copula, the Tawn asymmetric copula and the t-EV copula. The next stage of the analysis was to test whether the structure of the dependency described with the estimated copulas is a sufficient approximation of reality, and whether it is suitable for modeling empirical data. The quality of matching the estimated copulas to empirical data of return rates of agricultural products was assessed. For this purpose, the Kendall coefficient was calculated, and the methodology of the empirical combining function was used. The conducted research allowed for the determination of the conduct for this kind of phenomena as it is crucial in the process of investing in derivatives markets. The analyzed phenomena are highly dependent on e.g., financial crises, war, or market speculation but also on drought, fires, rainfall, or even crop oversupply. The conducted analysis is of key importance in terms of balancing agricultural production on a global scale. It should be emphasized that conducting market analysis of agricultural products at the Chicago Mercantile Exchange in the context of competition with the agricultural market of the European Union is of significant importance.

scholarly journals Economic and financial position of agricultural enterprises in the period before the accession to the European Union

2012 ◽  
Vol 50 (No. 11) ◽  
pp. 486-494
Author(s):  
Z. Chrastinová
Keyword(s):  
European Union ◽  
Agricultural Sector ◽  
Agricultural Land ◽  
Agricultural Products ◽  
Cold Weather ◽  
Business Success ◽  
Agricultural Cooperatives ◽  
The European Union ◽  
Adverse Weather ◽  
Legal Entities

In the year before the accession to the European Union, the Slovak agricultural sector reported a loss of SKK 2.4 billion and following a profitable year, the earnings were reduced by SKK 2.8 billion. The situation was caused by a number of reasons, namely reduced sales of agricultural products, damage resulting from adverse weather effects (cold weather, hail, drought and  swine fever), as well as widening of the price gap compared to the year before (increasing input prices in agriculture and decreasing purchase prices of agricultural products, especially in livestock production). Legal entities and natural persons experienced mixed business success. While 51% of legal entities made profit, the figure rose to 76% in the group of natural persons. Both the agricultural cooperatives and trading companies performed with a loss. The loss per hectare of agricultural land (a.l.) was substantially lower in the case of business companies. Natural persons - private farmers were profitable over the period. The gap between the profitable and loss-making enterprises has widened. Some 60% of profitable enterprises owned by legal entities made only a small profit below SKK 0.5 million. The loss-making performance was typical for more productive areas of Slovakia. This was related to stronger effects of adverse climate in 2003.

scholarly journals Influence of Alkali Treatment on the Microstructure and Mechanical Properties of Coir and Abaca Fibers

Materials ◽  
2021 ◽  
Vol 14 (10) ◽  
pp. 2636
Author(s):  
Petr Valášek ◽  
Miroslav Müller ◽  
Vladimír Šleger ◽  
Viktor Kolář ◽  
Monika Hromasová ◽  
...  
Keyword(s):  
Mechanical Properties ◽  
Composite Materials ◽  
Alkali Treatment ◽  
Fiber Surface ◽  
Cellulose Fibers ◽  
Sem Analysis ◽  
Experimental Program ◽  
Time Interval ◽  
The European Union ◽  
Vegetable Fibers

Composite materials with natural fillers have been increasingly used as an alternative to synthetically produced materials. This trend is visible from a representation of polymeric composites with natural cellulose fibers in the automotive industry of the European Union. This trend is entirely logical, owing to a preference for renewable resources. The experimental program itself follows pronounced hypotheses and focuses on a description of the mechanical properties of untreated and alkali-treated natural vegetable fibers, coconut and abaca fibers. These fibers have great potential for use in composite materials. The results and discussion sections contribute to an introduction of an individual methodology for mechanical property assessment of cellulose fibers, and allows for a clear definition of an optimal process of alkalization dependent on the content of hemicellulose and lignin in vegetable fibers. The aim of this research was to investigate the influence of alkali treatment on the surface microstructure and tensile properties of coir and abaca fibers. These fibers were immersed into a 5% solution of NaOH at laboratory temperature for a time interval of 30 min, 1 h, 2 h, 3 h, 6 h, 12 h, 24 h, and 48 h, rinsed and dried. The fiber surface microstructures before and after the alkali treatment were evaluated by SEM (scanning electron microscopy). SEM analysis showed that the alkali treatment in the NaOH solution led to a gradual connective material removal from the fiber surface. The effect of the alkali is evident from the visible changes on the surface of the fibers.

Determination of Bisphenol A in Milk and Dairy Products by High-Performance Liquid Chromatography with Fluorescence Detection

2003 ◽  
Vol 66 (8) ◽  
pp. 1439-1443 ◽  
Author(s):  
JEONG-HUN KANG ◽  
FUSAO KONDO
Keyword(s):  
Bisphenol A ◽  
Dairy Products ◽  
High Performance ◽  
Solid Phase ◽  
Skim Milk ◽  
The European Union ◽  
Condensed Milk ◽  
Oasis Hlb ◽  
Milk And Dairy Products

This study was conducted to develop a selective and sensitive method for the determination of bisphenol A (BPA) levels in milk and dairy products. A method based on solvent extraction with acetonitrile and solid-phase extraction (SPE) was developed for the analysis of BPA in milk, yogurt, cream, butter, pudding, condensed milk, and flavored milk, and a method using two SPE cartridges (OASIS HLB and Florisil cartridge) for skim milk was also developed. The developed methods showed good recovery levels (77 to 102%) together with low detection limits (1 μg/liter for milk, yogurt, pudding, condensed milk, flavored milk, and skim milk and 3 μg/liter for cream and butter). These methods are simple, sensitive, and suitable for the analysis of BPA in milk and dairy products. When 40 milk and dairy products were analyzed by the proposed methods, BPA was not identified in noncanned products, but its levels ranged from 21 to 43 μg/kg in canned products, levels that were 60- to 140-fold lower than the migration limits in the European Union and Japan.

The impact of the ESA 2010 on statistics of the general government sector

2015 ◽  
Vol 60 (11) ◽  
pp. 1-15
Author(s):  
Olga Leszczyńska-Luberek
Keyword(s):  
The European Union ◽  
Government Sector ◽  
General Government ◽  
European System ◽  
Relationship Of ◽  
The Impact ◽  
Methodological Guidelines ◽  
The Relationship ◽  
Excessive Deficit Procedure

The author presents the importance of the new European System of National and Regional Accounts (ESA 2010) for statistics of the general government sector. She pays particular attention to the development of data for the excessive deficit procedure. The article explains the methodological changes made to the studies in this field parallel to the ESA 2010. It discusses, among others, issues related to defining the deficit and debt of the general government, as well as the determination of a new way registering transfer of liabilities of pension schemes. It also presents the impact of new methodological guidelines for the relationship of deficit and debt to GDP in the Member States of the European Union.

High-Performance Liquid Chromatographic Determination of Memantine in Human Urine Following Solid-Phase Extraction and Precolumn Derivatization

2013 ◽  
Vol 96 (6) ◽  
pp. 1302-1307 ◽  
Author(s):  
Karim Michail ◽  
Hoda Daabees ◽  
Youssef Beltagy ◽  
Magdy Abd Elkhalek ◽  
Mona Khamis
Keyword(s):  
Human Urine ◽  
High Performance ◽  
Solid Phase ◽  
Internal Standard ◽  
Chromatographic Determination ◽  
Therapeutic Drug ◽  
Time Interval ◽  
Precolumn Derivatization ◽  
Uv Detector

Abstract A validated HPLC-UV method is presented for the quantification of urinary memantine hydrochloride, a novel medication approved to treat moderate and advanced cases of Alzheimer's disease. The drug and amantadine hydrochloride, the internal standard, were extracted from human urine using SPE. The extract was then buffered and derivatized at room temperature using o-phthalaldehyde in the presence of N-acetyl-L-cyteine. Chromatographic separation of the formed derivatives was achieved on a C18 column using methanol–water mobile phase adjusted to pH 7 and pumped isocratically at 1 mL/min. The UV detector was set at 340 nm. The chromatographic run time did not exceed 10 min. The LOD and LOQ were 8 and 20 ng/mL, respectively. The RSDs for intraday and interday precisions did not exceed 5.5%. The method was used to monitor memantine hydrochloride in human urine in order to determine an appropriate sampling interval for future noninvasive therapeutic drug monitoring. The assay could also be applied to the determination of amantadine. The described assay showed that a postdosing time interval of 25–75 h seems adequate for sampling and monitoring memantine in urine.

scholarly journals Determination of Organosulfides from Onion Oil

Foods ◽  
2020 ◽  
Vol 9 (7) ◽  
pp. 884 ◽  
Author(s):  
Maranda S. Cantrell ◽  
Jared T. Seale ◽  
Sergio A. Arispe ◽  
Owen M. McDougal
Keyword(s):  
Diethyl Ether ◽  
Steam Distillation ◽  
Extraction Efficiency ◽  
Agricultural Products ◽  
Gas Chromatography Mass Spectrometry ◽  
Diallyl Disulfide ◽  
Reference Standard ◽  
Internal Reference ◽  
Internal Reference Standard

Qualitative and semi-quantitative analysis of organosulfides extracted from oil obtained by steam distillation of yellow onions was performed by gas chromatography-mass spectrometry (GC-MS). The extraction efficiency of organosulfides from onion oil was evaluated across four solvents: dichloromethane; diethyl ether; n-pentane; and hexanes. Analysis of solvent extracted organosulfides by GC-MS provided qualitative results that support the use of dichloromethane over other solvents based on identification of 27 organosulfides from the dichloromethane extract as compared to 10 from diethyl ether; 19 from n-pentane; and 17 from hexanes. Semi-quantitative evaluation of organosulfides present in the dichloromethane extract was performed using diallyl disulfide as the internal reference standard. Three organosulfides were detected in the extract at ≥5 mg/kg; 18 organosulfides between 3–5 mg/kg; and six organosulfides at <3 mg/kg. The E/Z isomers of 1-propenyl propyl trisulfide were among the most prevalent components extracted from the onion oil across all solvents; and 3,6-diethyl-1,2,4,5-tetrathiane was among the most abundant organosulfides in all solvents except hexanes. The method described here for the extraction of organosulfides from steam distilled onion oil surveys common solvents to arrive at a qualitative and semi-quantitative method of analysis for agricultural products involving onions; onion oil; and secondary metabolites of Allium spp.

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