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Hedonic Prices In The Malting Barley Market

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  • Wilson, William W.

Abstract

An important characteristic in the malting barley market is the multitude of quality variables which affect the value of particular samples. The purpose of this study was to estimate implicit (or hedonic) prices for selected quality factors. An econometric model was used to analyze factors affecting the variability in malting barley prices, and to estimate implicit prices for plumpness and protein. The results indicate that a change may be evolving in the price determination process for malting barley. In particular, the feed grains sector has had increasingly less effect on malting barley prices in recent years.

Suggested Citation

  • Wilson, William W., 1984. "Hedonic Prices In The Malting Barley Market," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(01), July.
  • Handle: RePEc:ags:wjagec:32379
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    File URL: http://purl.umn.edu/32379
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    References listed on IDEAS

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    1. Obermiller, Frederick W., 1982. "Economic Efficiency Vs. Distributive Equity: The "Sagebrush Rebellion"," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(02), December.
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    Cited by:

    1. Toshihiro Okubo, 2013. "Energy-saving regulations and commodity prices," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 15(1), pages 93-132, January.
    2. N. Koffi Amegbeto & Victor M. Manyong & Ousmane Coulibaly & Robert Asiedu, 2008. "Estimating market demand for fresh yam characteristics using contingent valuation: implications for crop breeding and production choices," Agricultural Economics, International Association of Agricultural Economists, vol. 39(3), pages 349-363, November.
    3. Jolie B. Pardew, 1988. "Estimating how quality characteristics and marketing services affect alfalfa hay prices," Agribusiness, John Wiley & Sons, Ltd., vol. 4(2), pages 167-175.
    4. Ankamah-Yeboah, Isaac & Nielsen, Max & Nielsen, Rasmus, 2016. "Price premium of organic salmon in Danish retail sale," Ecological Economics, Elsevier, vol. 122(C), pages 54-60.
    5. Hyberg, Bengt & Uri, Noel D. & Oliveira, Valencia, 1996. "The quality characteristics of Japanese soybean imports," Japan and the World Economy, Elsevier, vol. 8(1), pages 81-98, March.
    6. Messonnier, Mark L. & Luzar, E. Jane, 1990. "A Hedonic Analysis Of Private Hunting Land Attributes Using An Alternative Functional Form," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(02), December.
    7. Suleyman Karaman & Bahattin Cetin & Ayse Oguzlar & Koksal Yagdi, 2009. "Hedonic price estimation for the Turkish bread wheat characteristics," Quality & Quantity: International Journal of Methodology, Springer, vol. 43(6), pages 895-902, November.
    8. Smed, Sinne & Hansen, Lars Garn, 2010. "Consumer valuation of health attributes in food," 115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany 116390, European Association of Agricultural Economists;Agricultural and Applied Economics Association.
    9. Kim, Changhee & Chung, Chanjin, 2011. "Hedonic Analysis of Retail Egg Prices Using Store Scanner Data: An Application to the Korean Egg Market," Journal of Food Distribution Research, Food Distribution Research Society, vol. 42(3), November.
    10. Jordan, Jeffrey L. & Shewfelt, R.L. & Prussia, Stanley E. & Hurst, W.C., 1985. "Estimating Implicit Marginal Prices Of Quality Characteristics Of Tomatoes," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(02), December.
    11. Guenther-Luebbers, Welf & Henke, Soren & Theuvsen, Ludwig, 2012. "Management of Volatility in the Grain Market," 123rd Seminar, February 23-24, 2012, Dublin, Ireland 122548, European Association of Agricultural Economists.
    12. Ahmadi-Esfahani, Fredoun Z. & Stanmore, Roland G., 1997. "Export demand for attributes of Australian wheat in Asia and the Middle East," Food Policy, Elsevier, vol. 22(2), pages 145-154, April.
    13. Ethridge, Don E. & Neeper, Jarral T., 1987. "Producer Returns From Cotton Strength And Uniformity: An Hedonic Price Approach," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(01), July.
    14. Ankamah-Yeboah Isaac & Max Nielsen & Rasmus Nielsen, 2015. "Organic Salmon – Considered a Fisheries or Agricultural Product Among Consumers?," 2015 EAFE (European Association of Fisheries Economists) Conference Papers 003, Nisea.

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    Keywords

    Crop Production/Industries; Marketing;

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