Price Transmission Among the Participants of the Livestock Products Agrofood Chain in Ukraine

Abstract

The article, by the example of livestock products, estimates and analyses the mechanism of price transfer (transmission) among the participants of the agrofood chain (agricultural producers, food processing and trading companies) and discovers abnormalities, imbalances and mismatches of the economic relations development among the stated participants. Straight-line regression with application of least-squares method was built, as well as three linear trend models that allowed to forecast the trends for price change at each administrative and technical stage of the product distribution (production, processing, trade). Quantitative evaluation was held for the price change of the livestock product market, and the time needed for the change. The obtained data confirmed the market “weakness” of agricultural goods producers denying the industrial safety guarantee of the country as a whole.