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Quality Differences And Price Responsiveness Of Wheat Class Demands

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  • Wilson, William W.
  • Gallagher, Paul W.

Abstract

Price responsiveness and preferences for wheat classes are measured using a Case function specification. Results indicate there have been numerous changes in market shares of wheat classes from different exporters in specific markets. In general, quality differentials are important in some international markets; in others, relative prices are more important in determining market shares.

Suggested Citation

  • Wilson, William W. & Gallagher, Paul W., 1990. "Quality Differences And Price Responsiveness Of Wheat Class Demands," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(2), pages 1-11, December.
    • Handle: RePEc:ags:wjagec:32059
    DOI: 10.22004/ag.econ.32059
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    References listed on IDEAS

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    1. Wilson, William W. & Orr, David, "undated". "The Grain Marketing System and Wheat Quality in Australia," Miscellaneous Publications 257269, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Ulrich, Alvin & Furtan, William H & Schmitz, Andrew, 1987. "The Cost of a Licensing System Regulation: An Example from Canadian Prairie Agriculture," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 160-178, February.
    3. Wilson, William W., 1989. "Differentiation And Implicit Prices In Export Wheat Markets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(01), pages 1-11, July.
    4. Wilson, William W. & Hill, Lowell D., "undated". "The Grain Marketing System and Wheat Quality in France," Miscellaneous Publications 257270, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Case, J, 1974. "On the Form of Market Demand Functions," Econometrica, Econometric Society, vol. 42(1), pages 207-210, January.
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    Citations

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    Cited by:

    1. Veeman, Michele M. & Unterschultz, James R. & Kim, Renee B., 2002. "Canadian Wheat Export Prospects In The Asian Noodle Market: Analyzing Japan And Korean Milling Industries," Project Report Series 24055, University of Alberta, Department of Resource Economics and Environmental Sociology.
    2. Cain, Jewelwayne S. & Parcell, Joseph L. & Kojima, Yasutomo, 2014. "An Empirical Analysis of Demand for U.S. Soybeans in the Philippines," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162458, Southern Agricultural Economics Association.
    3. Diersen, Matthew A. & Wilson, William W. & Johnson, D. Demcey, 1995. "Quality Uncertainty and Grain Merchandising Risk: Vomitoxin in Spring Wheat," Agricultural Economics Reports 23365, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. Dahl, Bruce L. & Wilson, William W., 1999. "Effect Of Hard Red Spring Wheat Consistency On Milling Value," Agricultural Economics Reports 23378, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Stiegert, Kyle W. & Blanc, Jean-Pierre, 1997. "Japanese Demand For Wheat Protein Quantity And Quality," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(01), pages 1-16, July.
    6. Fabiosa, Jacinto F., 2006. "Westernization of the Asian Diet: The Case of Rising Wheat Consumption in Indonesia," Hebrew University of Jerusalem Archive 18335, Hebrew University of Jerusalem.
    7. Wilson, William W., 1995. "Decentralization of Grain Trading: Trends, Implications, and Challenges," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 148784, Australian Agricultural and Resource Economics Society.
    8. Furtan, William Hartley, 2005. "Transformative Change in Agriculture: The Canadian Wheat Board," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 6(2), pages 1-13.
    9. Wilson, William W. & Wilson, Wesley & Dahl, Bruce L., 2009. "Protein and the demand for hard wheats," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(2), pages 1-19.
    10. Gallagher, Paul W., 2014. "The regional effects of a biomass fuel industry on US agriculture," Energy Policy, Elsevier, vol. 69(C), pages 598-609.
    11. Thomas L. Marsh, 2005. "Economic substitution for US wheat food use by class," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(3), pages 283-301, September.
    12. Anton Bekkerman, 2021. "Quality forecasts: Predicting when and how much markets value higher‐protein wheat," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 69(4), pages 465-490, December.
    13. Dahl, Bruce L. & Wilson, William W., 1996. "Grades/Classes Of Hard Wheats Exported From North America: Analysis Of Demand And Trends," Agricultural Economics Reports 23379, North Dakota State University, Department of Agribusiness and Applied Economics.
    14. Kim, Renee B. & Veeman, Michele M., 2001. "Korean Beef Import Preferences: Implications For Trade Patterns In The Twenty First Century," 2001: International Trade in Livestock Products Symposium, January 2001, Auckland, New Zealand 14561, International Agricultural Trade Research Consortium.
    15. Wilson, William W. & Yang, Seung-Ryong, 1994. "Impacts of Wheat Export Strategies on Market Shares," Agricultural Economics Reports 23387, North Dakota State University, Department of Agribusiness and Applied Economics.
    16. O’Brien, Daniel & Olson, Frayne, 2012. "The Price Responsiveness of U.S. Wheat Export Demand by Class," 2012 Conference, April 16-17, 2012, St. Louis, Missouri 285776, NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management.

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