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The impact of protein increments on blending revenues in the Canadian wheat industry

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  • Konstantinos Giannakas
  • Richard Gray
  • Nathalie Lavoie

Abstract

Since 1994, progressively more protein grade increments have been added to existing standards for Canadian Western Red Spring (CWRS) wheat. This paper simulates the impact of additional protein increments on the farm value of grain and on revenues from optimal blending by using a linear programming model that maximizes blending revenues, given the protein distribution of No. 1 CWRS wheat for 1990–91 to 1992–93. Both analytical and empirical results show that the outcome depends on the pricing schedule, the protein distribution, and the placement of the new protein grade. Copyright International Atlantic Economic Society 1999

Suggested Citation

  • Konstantinos Giannakas & Richard Gray & Nathalie Lavoie, 1999. "The impact of protein increments on blending revenues in the Canadian wheat industry," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 5(1), pages 121-136, February.
    • Handle: RePEc:kap:iaecre:v:5:y:1999:i:1:p:121-136:10.1007/bf02295037
    DOI: 10.1007/BF02295037
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    References listed on IDEAS

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    1. Johnson, D. Demcey & Wilson, William W., 1993. "Wheat Cleaning Decisions At Country Elevators," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(2), pages 1-13, December.
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    6. Hennessy, David A., 1996. "Economics of Purifying and Blending, The," Staff General Research Papers Archive 5261, Iowa State University, Department of Economics.
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    Cited by:

    1. Chalfant, James A. & James, Jennifer S. & Lavoie, Nathalie & Sexton, Richard J., 1999. "Asymmetric Grading Error And Adverse Selection: Lemons In The California Prune Industry," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(1), pages 1-23, July.
    2. Ruiqing Miao & David A. Hennessy, 2015. "Optimal Protein Segregation Strategies for Wheat Growers," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 63(3), pages 309-331, September.

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