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ANALYSIS OF PRICE BEHAVIOR
SUMMARY AND POLICY IMPLICATION
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Annual Average annual basis Apr May June Aug Sept Oct Average Annual Prices average export prices Average Monthly Export Average on annual baht per metric Bangkok export Bangkok Wholesale Prices Bank of Thailand base prices Chicago futures market Chicago Futures Prices Chicago market Chicago prices Dec Jan Feb delivery month Feb Mar Apr futures contract inventories Jan Feb Mar Japan Japanese Export Prices Japanese Market Jul Aug Sept June 1971 Price June FIGURE Month Jul Aug Month Lag Bases Monthly Bangkok Wholesale monthly basis Monthly Chicago Futures Monthly Export Prices Monthly Prices Nov Dec Jan November Oct Nov Dec percent picul price behavior price institutions price level price risk price series Prices of Thai Prices of U. S. pricing formula represented in Table seasonal price Sept Oct Nov September South Africa storage cost supply and demand Thai Corn Exports Thai Farmers Bank Thailand Total Thai Corn Trend U. S. Corn