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Japanese Demand For Wheat Protein Quantity And Quality

  • Stiegert, Kyle W.
  • Blanc, Jean-Pierre

Ladd and Martin's hedonic pricing model is extended to include the interactive effect of noncontracted characteristics on the value of contracted characteristics. Marginal values of wheat protein in the Japanese import market are estimated using the interactive effects of noncontracted dough/flour characteristics typically proxied by protein. Protein value is linked positively to farinograph stability, a prime factor in blending different flours. Three high protein wheats maintained about the same marginal value of protein. The marginal value for the two low protein wheats appear more end-use dependant. They varied in a $2.00/ton range depending on protein absorption, stability, and extensibility.

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File URL: http://purl.umn.edu/31004
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Article provided by Western Agricultural Economics Association in its journal Journal of Agricultural and Resource Economics.

Volume (Year): 22 (1997)
Issue (Month): 01 (July)
Pages:

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Handle: RePEc:ags:jlaare:31004
Contact details of provider: Web page: http://waeaonline.org/

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  1. Wilson, William W. & Gallagher, Paul W., 1990. "Quality Differences and Price Responsiveness of Wheat Class Demands," Staff Papers 121426, North Dakota State University, Department of Agribusiness and Applied Economics.
  2. Wilson, William W., 1994. "Demand For Wheat Classes By Pacific Rim Countries," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(01), July.
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