Investigating the international prices of wheat and rice

Agricultural and Food Economics

Table 1 Descriptive statistics

Variables	Means	Standard Deviations	Variables (logarithms)	Means	Standard Deviations
Wheat	173.0	65.83	Lhard-Wh	5.096	0.32
Rice	314.9	134.9	LRice	5.679	0.36

Notes: Rice stands for the rice price index (2005 = 100), Hard Wheat stands for the Hard Wheat price index (2005 = 100)