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Forward Shipping Options For Grain By Rail: A Strategic Risk Analysis; Summary

Author

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  • Priewe, Steven R.
  • Wilson, William W.

Abstract

Grain hauling railroads began offering shipping alternatives in the late 1980s that have made transportation decisions more strategic. Shippers now confront alternatives ranging from nearby and unguaranteed ordering to various durations of forward and guaranteed shipment. A dynamic stochastic simulation model was developed to analyze grain shipping and merchandising strategies that integrate these alternatives.

Suggested Citation

  • Priewe, Steven R. & Wilson, William W., 1997. "Forward Shipping Options For Grain By Rail: A Strategic Risk Analysis; Summary," Agricultural Economics Reports 23256, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23256
    DOI: 10.22004/ag.econ.23256
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    File URL: https://ageconsearch.umn.edu/record/23256/files/aer372s.pdf
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    Citations

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    Cited by:

    1. Prentice, Barry E. & Wilson, William W., 1998. "Future Transportation Developments In The U.S./Canada/Mexico Grains-Livestock Subsector Under Nafta And Wto," Proceedings of the 4th Agricultural and Food Policy Systems Information Workshop 1998: Economic Harmonization in the Canadian\U.S.\Mexican Grain-Livestock Subsector; 16766, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    2. Wilson, Wesley W. & Wilson, William W., 2001. "Deregulation, rate incentives, and efficiency in the railroad market," Research in Transportation Economics, Elsevier, vol. 6(1), pages 1-24, January.
    3. Wilson, William W., 1998. "U.S. Grain Handling And Transportation System: Factors Contributing To The Dynamic Changes In The 1980s And 1990s," AE Series 23081, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. Wilson, William W. & Dahl, Bruce L., 1998. "Reciprocal Access In U.S./Canadian Grain Trade: Background Issues For The U.S. Grain Trade," AE Series 23085, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Wilson, Wesley W. & Wilson, William W., 1998. "Deregulation And Innovation In Railroad Shipping Of Agricultural Commodities: 1972-1995," AE Series 23090, North Dakota State University, Department of Agribusiness and Applied Economics.
    6. Vachal, Kimberly & Bitzan, John, 2000. "The Long-Term Availability of Railroads Services for U.S. Agriculture," UGPTI Department Publication 231803, North Dakota State University, Upper Great Plains Transportation Institute.

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    Keywords

    Crop Production/Industries;

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